Airport Bus Market Size Worth $1,698.70 Million By 2032 | CAGR: 9.4%

The global airport bus market size is expected to reach USD 1,698.70 million by 2032, according to a new study by Polaris Market Research. The report “Airport Bus Market Share, Size, Trends, Industry Analysis Report, By Type (Electric and Fuel); By Sales Channel; By Application; By Region; Segment Forecast, 2023- 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Modern airports increasingly implement cutting-edge technologies and systems to lessen their carbon footprint. One of the main reasons influencing the industry is the rapid replacement of old diesel-powered buses with new electric buses in airlines. Manufacturers are focusing on the launches of electric airport buses to being carbon-free cities, boosting the market growth over the forecast period. For instance, in September 2022, COBUS Industries launched COBUS VEGA, the electrically-powered new airport bus. The vehicles were introduced at GSE Expo Europe in Paris. Its objective is to aid airports' global efforts to eliminate carbon emissions. It is widely accepted that the German business COBUS Industries distributes airport buses under the COBUS brand, which are manufactured by the Portuguese company CaetanoBus.

Furthermore, in October 2022, as the airport strives to achieve net zero status by 2035, Newcastle Airport recently launched its second airside bus to transport travelers between the terminal and aircraft. The new bus, a Yutong ABe14 electric model provided by Pelican Bus and Coach, takes the place of an older diesel model and could reduce carbon dioxide emissions by up to four tonnes annually. These electric airport bus launches are becoming beneficial for the various public and private airports to install easily to adopt zero-emission missions.

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Moreover, the airports always focus on adopting electric buses, which are environment-friendly and do not negatively impact the environment. For instance, in July 2022, environmentally friendly buses began service at Madinah's Prince Muhammad International Airport. At any airport in Saudi Arabia, this is the first time environmentally friendly buses entirely powered by electricity have been used. The buses are outfitted with various cutting-edge technological features, including four cameras to record all information and events occurring inside. These are the major factors supporting the market's growth over the forecast period.

Airport Bus Market Report Highlights

• The international airport segment is anticipated to grow at a significant CAGR over the forecast period owing to the big area covered by the airports.
• Fuel airport buses accounted for largest revenue share which is accelerated by the wide availability of fuel.
• North America is expected to grow at a substantial CAGR over the projected period on account of the increasing popularity of airport buses in the region and growing airport infrastructure.
• The global players include AB Volvo, BYD Company, COBUS Industries, Isuzu Motors, Scania, Toyota Motor, Volkswagen, Weihai Guangtai Airport Equipment, and Yutong Bus.

Polaris Market Research has segmented the Airport Bus market report based on type, sales channel, application, and region:

Airport Bus, Type Outlook (Revenue - USD Million, 2019 - 2032)

• Electric
• Fuel

Airport Bus, Sales Channel Outlook (Revenue - USD Million, 2019 - 2032)

• Direct Sales
• Distributor

Airport Bus, Application Outlook (Revenue - USD Million, 2019 - 2032)

• Domestic Airport
• International Airport

Airport Bus, Regional Outlook (Revenue - USD Million, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Airport Bus Market Report Scope