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United States Motorcoach Market Size, Forecast: By Type: Mini, Single-deck, Double deck; By Propulsion Type: ICE, Electric; By Seating Capacity: 15 to 30 Seats, 31 to 50 Seats, More than 50 Seats; By Sector: Public, Private; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2023-2028
United States Motorcoach Market Outlook
The United States motorcoach market size is estimated to grow at a CAGR of 5.20% in the forecast period of 2023-2028. The major market drivers are the growing popularity of group travels in trips and excursions and the rising availability of amenities such as charging outlets, WIFI, restrooms, and reclining or sleeper seats, among others, in motorcoaches.
Key Trends in the Market
A motorcoach, also known as a coach or parlour coach, is a large multi-seat bus that is used to transport a group of passengers over a long distance. These buses are well-equipped for long trips and feature amenities such as restrooms, reclining seats, and Wi-Fi, among others.
- Motorcoach providers are offering facilities such as free booking and cancellation of tickets, live location tracking of coach, and travel-related queries to aid travellers in efficiently planning their trips, which is one of the crucial United States motorcoach market trends.
- Group travel in motorcoaches has been gaining popularity in the country as it is a cost-effective option and provides better mileage per person when compared to travel by personal mobility solutions.
- With the rising focus on sustainability, manufacturers are increasing the production of electric motorcoaches that emit low or zero greenhouse gas emissions. These coaches are integrated with fast charging systems and high-voltage HVAC components to provide a convenient travel experience to passengers.
- Technological advancements such as collision avoidance systems, self-driving technologies, and AI-based sensors to smoothen the driving experience and enhance the safety of the vehicle offer positive prospects for the United States motorcoach market growth.
Market Analysis
Based on type, the market is classified into mini, single-deck, and double deck. On the basis of propulsion type, the market is bifurcated into ICE and electric.
The United States motorcoach market segmentation, based on seating capacity, includes 15 to 30 seats, 31 to 50 seats, and more than 50 seats. Based on sector, the market is categorised into public and private. The major regional markets for motorcoach are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States motorcoach market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- AB Volvo
- Dailmer Truck Holding AG
- BYD Motors Inc.
- Proterra Inc.
- Van Hool NV
- NFI Group
- Rev Group
- Others
Market Share by Propulsion Type
ICE occupies a significant portion of the United States motorcoach market share owing to its widespread implementation in motorcoaches. It is easier to maintain and cheaper compared to the electric propulsion systems, which makes it a preferable choice for buyers. Furthermore, ICEs can be easily refuelled and power motorcoaches for a longer duration, making them efficient for travel business owners. Additionally, they provide superior comfort due to minimal vibration as a result of fewer mechanical parts when compared to electric-based motorcoaches.
Market Share by Seating Capacity
As per the United States motorcoach market analysis, coaches with a seating capacity of 31 to 50 account for a sizeable share in the regional market as they provide a balance between the passenger capacity and manoeuvring ability of motorcoach. Their medium size makes them preferable for group travels such as school trips or destination trips. Moreover, these coaches are not overtly large and consume less fuel compared to the motorcoach with large capacity, proving themselves to be a convenient and cost-effective option in the market.
Competitive Landscape
AB Volvo, a manufacturer of buses and trucks, was established in 1927 and based in Gothenburg, Sweden. The company is also known for the production of industrial engines, marine engines, and construction equipment, among others.
Daimler Truck Holding AG, founded in 2019, is a commercial vehicle manufacturer with its headquarters in Leinfelden-Echterdingen, Germany. The company produces light, medium, and heavy trucks, buses, and powertrains, among others.
BYD Motors Inc., incorporated in 1995 and based in Shenzhen, China, is a manufacturer of electric vehicles. It provides commercial vehicles such as coaches, buses, and taxis, passenger vehicles, electronics, and batteries, among others.
Other United States motorcoach market players include Proterra Inc., Van Hool NV, NFI Group, and Rev Group, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Propulsion Type |
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| Breakup by Seating Capacity |
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| Breakup by Sector |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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 North America Motorcoach Market Overview
8.1 Key Industry Highlights
8.2 North America Motorcoach Historical Market (2018-2022)
8.3 North America Motorcoach Market Forecast (2023-2028)
8.4 North America Motorcoach Market Share by Region
8.4.1 United States
8.4.2 Canada
9 United States Motorcoach Market Overview
9.1 Key Industry Highlights
9.2 United States Motorcoach Historical Market (2018-2022)
9.3 United States Motorcoach Market Forecast (2023-2028)
10 United States Motorcoach Market by Type
10.1 Mini
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Single-deck
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Double deck
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
11 United States Motorcoach Market by Propulsion Type
11.1 ICE
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Electric
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
12 United States Motorcoach Market by Seating Capacity
12.1 15 to 30 Seats
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 31 to 50 Seats
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 More than 50 Seats
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
13 United States Motorcoach Market by Sector
13.1 Public
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 Private
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
14 United States Motorcoach Market by Region
14.1 New England
14.1.1 Historical Trend (2018-2022)
14.1.2 Forecast Trend (2023-2028)
14.2 Mideast
14.2.1 Historical Trend (2018-2022)
14.2.2 Forecast Trend (2023-2028)
14.3 Great Lakes
14.3.1 Historical Trend (2018-2022)
14.3.2 Forecast Trend (2023-2028)
14.4 Plains
14.4.1 Historical Trend (2018-2022)
14.4.2 Forecast Trend (2023-2028)
14.5 Southeast
14.5.1 Historical Trend (2018-2022)
14.5.2 Forecast Trend (2023-2028)
14.6 Southwest
14.6.1 Historical Trend (2018-2022)
14.6.2 Forecast Trend (2023-2028)
14.7 Rocky Mountain
14.7.1 Historical Trend (2018-2022)
14.7.2 Forecast Trend (2023-2028)
14.8 Far West
14.8.1 Historical Trend (2018-2022)
14.8.2 Forecast Trend (2023-2028)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Leading Players’ Market Share
16.3 Company Profiles
16.3.1 AB Volvo
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Demographic Reach and Achievements
16.3.1.4 Certifications
16.3.2 Dailmer Truck Holding AG
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Demographic Reach and Achievements
16.3.2.4 Certifications
16.3.3 BYD Motors Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Demographic Reach and Achievements
16.3.3.4 Certifications
16.3.4 Proterra Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Demographic Reach and Achievements
16.3.4.4 Certifications
16.3.5 Van Hool NV
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Demographic Reach and Achievements
16.3.5.4 Certifications
16.3.6 NFI Group
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Demographic Reach and Achievements
16.3.6.4 Certifications
16.3.7 Rev Group
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Demographic Reach and Achievements
16.3.7.4 Certifications
16.3.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Motorcoach Market: Key Industry Highlights, 2018 and 2028
2. United States Motorcoach Market: Key Industry Highlights, 2018 and 2028
3. United States Motorcoach Historical Market: Breakup by Type (USD Million), 2018-2022
4. United States Motorcoach Market Forecast: Breakup by Type (USD Million), 2023-2028
5. United States Motorcoach Historical Market: Breakup by Propulsion Type (USD Million), 2018-2022
6. United States Motorcoach Market Forecast: Breakup by Propulsion Type (USD Million), 2023-2028
7. United States Motorcoach Historical Market: Breakup by Seating Capacity (USD Million), 2018-2022
8. United States Motorcoach Market Forecast: Breakup by Seating Capacity (USD Million), 2023-2028
9. United States Motorcoach Historical Market: Breakup by Sector (USD Million), 2018-2022
10. United States Motorcoach Market Forecast: Breakup by Sector (USD Million), 2023-2028
11. United States Motorcoach Historical Market: Breakup by Region (USD Million), 2018-2022
12. United States Motorcoach Market Forecast: Breakup by Region (USD Million), 2023-2028
13. United States Motorcoach Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5.20% between 2023 and 2028.
The major market drivers are their growing popularity of motorcoaches for group tours and excursions and amenities such as reclining or sleeper seats, AC, Wi-Fi, and charging outlets offered in motorcoach.
The key trends of the market include the rising demand for cost effective option for group travels, the production of electric motorcoaches to reduce emissions, and advancements in technology.
The major regions in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West, among others.
Various types of motorcoaches are mini, single-deck, and double deck.
The different propulsion types of motorcoach are ICE and electric.
Various seating capacities are 15 to 30 seats, 31 to 50 seats, and more than 50 seats.
The key players in the market are AB Volvo, Dailmer Truck Holding AG, BYD Motors Inc., Proterra Inc., Van Hool NV, NFI Group, and Rev Group, among others.
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