Airport Bus Market to Expand at a CAGR of 10.05% Over 2022-2027 | IMARC Group

According to the latest report by IMARC Group, "Global Airport Bus Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027", the global airport bus market is expected to exhibit a CAGR of 10.05% during 2022-2027.

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The airport bus, also known as the airport shuttle, is used to transport passengers to and from or within the premises of airports. It is painted with bright colors to stand out among other airport vehicles and consists of comfortable seats, temperature control mechanisms, extended storage, restrooms, etc., to enhance the experience of the flight passengers. Airport buses can be of two types, which are fuel and electric. They have low maintenance costs and larger luggage space when compared to other public transport systems. As a result, airline companies across the globe are continuously focusing on easing the overall boarding process with the aid of airport buses.

Market Trends:

The escalating adoption of advanced technologies to reduce the carbon footprint in airports and the growing replacement of aging diesel engine-powered buses with new electric buses are primarily driving the airport bus market. Besides this, the rising air passenger traffic levels are also augmenting the market growth.

Apart from this, the construction of new airports for economic development across various cities, countries, and regions is further catalyzing the global market. Moreover, there elevating availability of highly screened and professionally trained drivers to ensure a safe journey for travelers is acting as another significant growth-inducing factor. Furthermore, the emerging trend of luxury airport buses is expected to bolster the airport bus market in the coming years.

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Airport Bus Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global airport bus market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• AB Volvo
• BMC Otomotiv Sanayi ve Ticaret A.?.
• BYD Company Ltd.
• COBUS Industries GmbH
• Solaris Bus & Coach sp. z o.o. (Construcciones y Auxiliar de Ferrocarriles S.A.)
• TAM-Europe.
• Weihai Guangtai Airport Equipment Co. Ltd.
• Yutong Bus Co. Ltd.
• KIITOKORI OY
• Mallaghan
• Proterra

Key Market Segmentation:

The report has segmented the global airport bus market based on type, sales channel, application and region.

Breakup by Type:
• Electric
• Fuel

Breakup by Sales Channel:
• Direct Sales
• Distributor

Breakup by Application:
• Domestic Airport
• International Airport

Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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This release was published on openPR.