Transportation Products & Services · Direct
Monitoring · monthlyProcurement Category Intelligence
Transit Buses
Overview
Market size
$68.5B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
7
tracked players
Signals
12
2 high severity
Market outlook
2031$88.3B
What changed
Demand by region
Asia Pacific demand55%
Europe demand20%
North America demand15%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Chassis, Powertrain and Battery Systems40%
Body Manufacturing, Materials and Fabrication25%
Direct Factory Labor and Vehicle Assembly15%
Logistics, Delivery and Inbound Freight10%
Regulatory Compliance and Local Testing10%
share of delivered cost (analyst estimate)