openPR Logo
Press release

The U.S. Bus Market Will Reach about $11,238 Million by 2030

03-14-2023 05:28 AM CET | Tourism, Cars, Traffic

Press release from: P&S Intelligence

The U.S. Bus Market Will Reach about $11,238 Million by 2030

The U.S. bus market size stood at over $7,453 million in 2021. This will increase to about $11,238 million by 2030, propelling at a growth rate of about 5% in the years to come.

This can be credited to the quick urbanization and rising population, together with the cumulative government outlay on the upgradation of vehicles for public transport. Furthermore, the obtainability of local, state, and centralized funding and the large count of school buses help the market to grow.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/us-bus-market/report-sample

The school buses had the largest share of revenue, approximately 55%, in the U.S. bus market in 2021, and will continue the same trend also in the near future. This is for the reason that these buses are the main form of mass transportation in the U.S. Nearly 480,000 school buses were on the roads in 2021 in the U.S., more than transit buses roughly 7 to 1. Additionally, the surging acceptance of e- buses for school helps the market growth in the U.S.

Electric buses will grow at the highest rate of approximately 30%, in the years to come, regarding revenue. This is for the reason that the penetration of e- buses in the U.S. was about 2% of the total bus sales of the country in 2021, and the share of e- buses in public fleets is steadily increasing. Additionally, numerous public transport agencies have signed contracts with e- bus manufacturers for obtaining electric buses.

Inquire before purchase@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=us-bus-market

The buses with 30-50 seats have the largest share of revenue in the U.S. bus market, and they will record the highest growth rate of approximately 5.0%, in the years to come. This is due to the fact that these can carry more travelers, use a smaller amount of fuel, and are economically competitive.
Because of rapid urbanization and population, a growing number of school buses has boosted the demand for buses in the U.S.

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The U.S. Bus Market Will Reach about $11,238 Million by 2030 here

News-ID: 2973276 • Views:

More Releases from P&S Intelligence

Remote Access Provided by Cloud Category Fuels Call Center AI Market
Remote Access Provided by Cloud Category Fuels Call Center AI Market
In 2021, the call center AI market generated sales worth $1,982.9 million, and it is expected to contribute $12,910.6 million in 2030, progressing at a rate of 23.1% from 2021 to 2030, ascribed to the growing up requirements for improved data analytics to manage customer inquiries with the real-time response to improve customer engagement through social media. In order to pace up the 4th industrial revolution, businesses across various industries
Growing Demand for CSM System Will Drive the Customer Engagement Solutions Market
Growing Demand for CSM System Will Drive the Customer Engagement Solutions Marke …
The total value of the customer engagement solutions market was $18,186.8 million in 2021, and it will rise at a growth rate of above 10% in the near future, to reach $43,398.9 million by 2030. The major reasons behind the growth of this industry are growing usage of such solutions in serval industries like healthcare, telecommunications, BFSI and FMCG. North America will grow the fastest with a rate of 10.5% in
Reduced Operational Cost of Energy Efficient Motors Propels Motion Control Market
Reduced Operational Cost of Energy Efficient Motors Propels Motion Control Marke …
The motion control market generated a revenue of $14,887.5 million in 2021, and it is expected to contribute $23,286.4 million in 2030, progressing at a rate of 5.1% from 2021 to 2030, ascribed to the rising demand for industrial robots and integration of components with the motion control systems for convenient use. Moreover, the evolving motion control standards and protocols propel the market, for example, the OPC UA TSN protocol controls
North America, the Largest Revenue Producer in Public Safety and Security Market
North America, the Largest Revenue Producer in Public Safety and Security Market
The size of the public safety and security market was at $411 billion in the year 2021, which will reach over $1,115 billion by the year 2030, advancing at a growth rate of around 12% in the years to come. This is largely ascribed to the rising application of innovative technologies in smart cities, increasing crime rates, the increasing cases of disastrous accidents, and the growing count of terrorist activities

All 5 Releases


More Releases for Additionally

Global Gridless End Hall Ion Sources market examines the significant components …
The Global Global Gridless End Hall Ion Sources Market 2026 that centers around Global Gridless End Hall Ion Sources market examines the significant components with a top to bottom methodology and empowers the client to survey the drawn-out based interest additionally predicts explicit executions. This report gives subjective investigation, clarifying item scope and expounding industry experiences and standpoint to 2026. The Global Global Gridless End Hall Ion Sources market is
AI in Agriculture Market - Increasing Adoption of The Mechanical Technology and …
Artificial Intelligence has various application in agriculture ranging from rural automatons, facial acknowledgment, computerized water system frameworks, and driverless tractors. These applications are done in relationship with an alternate sort of sensors, GPS frameworks, radars, and other cutting edge contraptions dependent on AI. Considering these broad applications, AI is getting a colossal reaction from investors all around. Man-made reasoning (AI) is one such critical innovation in the present advanced agriculture
Global Thermal Insulation Materials Market Forecast to 2023 : Additionally, grow …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Thermal Insulation Market. The report analyses the market by Material Type (Glass Wool, Stone Wool, Expanded Polystyrene, Extruded Polystyrene, Polyurethane and Others), By Application (Building Construction, HVAC & Appliances, Industrial / Mechanical equipment, Automotive & Others), By Region (Europe, North America, Asia Pacific,
GLOBAL MARKETS OF TEMPERATURE SENSORS (RESEARCH AND ANALYSIS) 2018 | ADDITIONALL …
Press Release - 19 June 2018 Research and Development News -- . . Latest Update "Temperature Sensors: Global Markets to 2023" with Industries Survey | Global Current Growth and Future. ' ' - "Summary- Temperature sensors are one of the prime sensing instruments in the sensor market and considered one of the fastest growing instrument types which measure thermal change in industrial applications such as HVAC, process control and automotive. Temperature sensors have become
Global Fingerprint Time Attendance Market 2017 ANVIZ, ZKT, FingerTec, Xeumior, N …
Top Manufacture Analysis Of Fingerprint Time Attendance Market 2017 Market summary, section by Application, Market by Region and Production, Revenue (Value), value Trend by sort. The Markets And analysis study delivers important info and realistic knowledge of the world Fingerprint Time Attendance market. The report presents a deep study of the market growth factors and drivers. In-depth analysis of the Fingerprint Time Attendance Market limitations and therefore the opportunities modify
Global Robotic Arm (RA) Market 2017 Camerobot, PhotoRobot, Electric Friends, Don …
Top Manufacture Analysis Of Robotic Arm (RA) Market 2017 Market summary, section by Application, Market by Region and Production, Revenue (Value), value Trend by sort. The Markets And analysis study delivers important info and realistic knowledge of the world Robotic Arm (RA) market. The report presents a deep study of the market growth factors and drivers. In-depth analysis of the Robotic Arm (RA) Market limitations and therefore the opportunities modify