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Israel Bus Transportation Market

Israel Bus Transportation Market Share, Trends, Forecast: By Bus Size: Minibuses, Mid Buses, Large Buses; By Type: Single Deck, Double Deck; By Fuel Type: Diesel, Electric and Hybrid; By Application: Public Bus, Tourism Bus, Service Bus, School Bus, Others, By End Use: Transit Bus, Intercity/Coaches; Competitive Landscape; 2024-2032

Israel Bus Transportation Market Outlook

The Israel bus transportation market is estimated to grow in the forecast period of 2024-2032 at a CAGR of 3.8%.

 

israel-bus-transportation-market

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Increasing Trend of Sustainable Transportation Augmenting the Market Growth of Bus Transportation in Israel

The introduction of various favourable government initiatives to boost the use of sustainable transportation is bolstering the market for bus transportation in Israel. The surging development of public transport initiatives and transport infrastructure development is also bolstering the use of bus transportation in Israel. Moreover, the expansion of the fleet of zero-emission buses owing to the trend of sustainability is propelling the Israel bus transportation market. With the strengthening of Israel’s transition to emission-free transportation for a quieter and cleaner environment, the market for bus transportation is growing. As electric buses provide passengers with safe, reliable, and comfortable transportation, the market is witnessing a healthy growth. Furthermore, the market is predicted to observe growing trend of smart transportation and the transition to driverless and autonomous buses, which is expected to streamline bus transportation while enhancing the safety levels.

 

Market Segmentation

Bus transportation refers to public transportation that is used for carrying passengers, typically along a fixed route. It is one of the most common modes of transportation and is convenient and more affordable than the personal mode of transportation. Moreover, bus transportation is safe and offers energy-efficient mode of transportation.

 

israel-bus-transportation-market-by-segments

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The major bus sizes of bus transportation are:

  • Minibuses
  • Mid Buses
  • Large Buses

Based on type, the market is bifurcated into:

  • Single Deck
  • Double Deck

The market can be broadly categorised on the basis of fuel types into:

  • Diesel
  • Electric and Hybrid

By application, the market is segmented into:

  • Public Bus
  • Tourism Bus
  • Service Bus
  • School Bus
  • Others

The market, based on end use, is segmented into:

  • Transit Bus
  • Intercity/Coaches

 

israel-bus-transportation-market-by-region

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Modernisation of Transportation Network to Drive the Market for Bus Transportation in Israel

The modernisation of transportation networks and the increasing use of innovative technologies to offer convenient, faster, and cleaner ways to travel are driving the Israel bus transportation market. The increasing utilisation of intercity and interurban electric buses that are powered by natural gases is also fuelling the market growth. With rapid urbanisation and industrialisation in the region, improvements in public transportation are likely to provide further impetus to the market for bus transportation in Israel. The Israeli government is also attempting to encourage public transportation to reduce carbon emissions, which is expected to augment the market growth. For instance, in February 2023, Israel announced its decision to mandate zero-emission new buses for public transportation from 2026.

The market growth of bus transportation in Israel can be attributed to the increasing investments in road infrastructure, the introduction of smartphone-operated technologies to facilitate daily commute, the growing trend of smart traffic regulation, and the introduction of mobile ticketing. The improvements in bus stop distribution and the implementation of smart traffic management systems are fuelling the market growth. With the expansion of bus lanes, public transportation is increasingly used to enhance cost-efficiency and schedule optimisation, which is expected to aid the market growth.

 

Key Players in the Israel Market for Bus Transportation

The report presents a detailed analysis of the following key players in the Israel bus transportation market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Merkavim transportation Ltd.
  • BYD Company Ltd.
  • Xiamen Golden Dragon Bus Co.,LTD
  • Higer Bus Company Limited.
  • Daimler AG
  • Volvo Group
  • Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Bus Size
  • Type
  • Fuel Type
  • Application
  • End Use
Breakup by Bus Size
  • Minibuses
  • Mid Buses
  • Large Buses
Breakup by Type
  • Single Deck
  • Double Deck
Breakup by Fuel Type
  • Diesel
  • Electric and Hybrid
Breakup by Application
  • Public Bus
  • Tourism Bus
  • Service Bus
  • School Bus
  • Others
Breakup by End Use
  • Transit Bus
  • Intercity/Coaches
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Merkavim transportation Ltd.
  • BYD Company Ltd.
  • Xiamen Golden Dragon Bus Co.,LTD
  • Higer Bus Company Limited.
  • Daimler AG
  • Volvo Group
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players    
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Israel Bus Transportation Market Analysis

    8.1    Key Industry Highlights
    8.2    Israel Bus Transportation Historical Market (2018-2023) 
    8.3    Israel Bus Transportation Market Forecast (2024-2032)
    8.4    Israel Bus Transportation Market by Bus Size
        8.4.1    Minibuses
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Mid Buses
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Large Buses
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Israel Bus Transportation Market by Type
        8.5.1    Single Deck
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Double Deck
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Israel Bus Transportation Market by Fuel Type
        8.6.1    Diesel
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Electric and Hybrid
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Israel Bus Transportation Market by Application
        8.7.1    Public Bus
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Tourism Bus
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Service Bus
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    School Bus
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Others
    8.8    Israel Bus Transportation Market by End Use
        8.8.1    Transit Bus
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Intercity/Coaches
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
9    Market Dynamics
    9.1    SWOT Analysis
        9.1.1    Strengths
        9.1.2    Weaknesses
        9.1.3    Opportunities
        9.1.4    Threats
    9.2    Porter’s Five Forces Analysis
        9.2.1    Supplier’s Power
        9.2.2    Buyer’s Power
        9.2.3    Threat of New Entrants
        9.2.4    Degree of Rivalry
        9.2.5    Threat of Substitutes
10    Competitive Landscape
    10.1    Market Structure
    10.2    Company Profiles
        10.2.1    Merkavim transportation Ltd.
            10.2.1.1    Company Overview
            10.2.1.2    Product Portfolio
            10.2.1.3    Demographic Reach and Achievements
            10.2.1.4    Certifications
        10.2.2    BYD Company Ltd.
            10.2.2.1    Company Overview
            10.2.2.2    Product Portfolio
            10.2.2.3    Demographic Reach and Achievements
            10.2.2.4    Certifications
        10.2.3    Xiamen Golden Dragon Bus Co.,LTD
            10.2.3.1    Company Overview
            10.2.3.2    Product Portfolio
            10.2.3.3    Demographic Reach and Achievements
            10.2.3.4    Certifications
        10.2.4    Higer Bus Company Limited.
            10.2.4.1    Company Overview
            10.2.4.2    Product Portfolio
            10.2.4.3    Demographic Reach and Achievements
            10.2.4.4    Certifications
        10.2.5    Daimler AG
            10.2.5.1    Company Overview
            10.2.5.2    Product Portfolio
            10.2.5.3    Demographic Reach and Achievements
            10.2.5.4    Certifications
        10.2.6    Volvo Group
            10.2.6.1    Company Overview
            10.2.6.2    Product Portfolio
            10.2.6.3    Demographic Reach and Achievements
            10.2.6.4    Certifications
        10.2.7    Others
11    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Israel Bus Transportation Market: Key Industry Highlights, 2018 and 2032
2.    Israel Bus Transportation Historical Market: Breakup by Bus Size (USD Million), 2018-2023
3.    Israel Bus Transportation Market Forecast: Breakup by Bus Size (USD Million), 2024-2032
4.    Israel Bus Transportation Historical Market: Breakup by Type (USD Million), 2018-2023
5.    Israel Bus Transportation Market Forecast: Breakup by Type (USD Million), 2024-2032
6.    Israel Bus Transportation Historical Market: Breakup by Fuel Type (USD Million), 2018-2023
7.    Israel Bus Transportation Market Forecast: Breakup by Fuel Type (USD Million), 2024-2032
8.    Israel Bus Transportation Historical Market: Breakup by Application (USD Million), 2018-2023
9.    Israel Bus Transportation Market Forecast: Breakup by Application (USD Million), 2024-2032
10.    Israel Bus Transportation Historical Market: Breakup by End Use (USD Million), 2018-2023
11.    Israel Bus Transportation Market Forecast: Breakup by End Use (USD Million), 2024-2032
12.    Israel Bus Transportation Market Structure

Key Questions Answered in the Report

The Israel bus transportation market is estimated to grow at a CAGR of 3.8% between 2024 and 2032.

The market is being fuelled by the increasing use of sustainable transportation, the expansion of fleet of zero-emission buses, and the growing trend of smart transportation.

The market is likely to be bolstered by the modernisation of transportation network, rapid urbanisation, and the increasing investments in road infrastructure.

The major bus sizes of bus transportation in the market are minibuses, mid buses, and large buses.

The significant types of bus transportation in the market are single deck and double deck.

The various fuel types of bus transportation are diesel and electric and hybrid.

The several applications of bus transportation are public bus, tourism bus, service bus, and school bus, among others.

The major end uses of bus transportation are transit bus and intercity/coaches.

The major players in the market are Merkavim transportation Ltd., BYD Company Ltd., Xiamen Golden Dragon Bus Co.,LTD, Higer Bus Company Limited., Daimler AG, and Volvo Group, among others.

Analyst Review

The Israel bus transportation market is driven by the increasing use of sustainable transportation. Aided by the increasing investments in road infrastructure, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on bus size, the market can be segmented into minibuses, mid buses, and large buses. By type, the market is bifurcated into single deck and double deck. On the basis of fuel types, the market is divided into diesel and electric and hybrid. Based on application, the market is segmented into public bus, tourism bus, service bus, and school bus, among others. By end uses, the market is divided into transit bus and intercity/coaches. The key players in the above market include Merkavim transportation Ltd., BYD Company Ltd., Xiamen Golden Dragon Bus Co.,LTD, Higer Bus Company Limited., Daimler AG, and Volvo Group, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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