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Automobile & Transportation

Published On: Jun 15, 2025

Passenger Bus Industry Research Report 2025

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Summary
According to APO Research, The global Passenger Bus market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.
North American market for Passenger Bus is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.
Asia-Pacific market for Passenger Bus is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Passenger Bus is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Passenger Bus include , etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Passenger Bus, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Passenger Bus.
The report will help the Passenger Bus manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
The Passenger Bus market size, estimations, and forecasts are provided in terms of sales volume (k units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Passenger Bus market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
Passenger Bus Segment by Company
Yutong
King Long
BYD
Zhongtong Bus
Volvo
Mercedes-Benz
Scania
Tata Motors
Alexander Dennis
MAN Truck & Bus
Setra
VDL
Higer Bus
Marcopolo S.A
Passenger Bus Segment by Type
Mini Bus (<7m)
Midi Bus (7–10m)
Full-size Bus (>10m)
Passenger Bus Segment by Application
Public Transportation
Long-distance Passenger
Tourism and Institutional Commuting
Other
Passenger Bus Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Passenger Bus market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Passenger Bus and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Passenger Bus.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Passenger Bus manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Passenger Bus by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Passenger Bus in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
Table 1:Secondary Sources
Table 2:Primary Sources
Table 3:Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
Table 4:Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
Table 5:Global Passenger Bus Production by Manufacturers (k units) & (2020-2025)
Table 6:Global Passenger Bus Production Market Share by Manufacturers
Table 7:Global Passenger Bus Production Value by Manufacturers (US$ Million) & (2020-2025)
Table 8:Global Passenger Bus Production Value Market Share by Manufacturers (2020-2025)
Table 9:Global Passenger Bus Average Price (k USD/unit) of Manufacturers (2020-2025)
Table 10:Global Passenger Bus Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
Table 11:Global Passenger Bus Key Manufacturers, Manufacturing Sites & Headquarters
Table 12:Global Passenger Bus Manufacturers, Product Type & Application
Table 13:Global Passenger Bus Manufacturers Established Date
Table 14:Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15:Global Passenger Bus by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value of 2024)
Table 16:Manufacturers Mergers & Acquisitions, Expansion Plans
Table 17:Yutong Company Information
Table 18:Yutong Business Overview
Table 19:Yutong Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 20:Yutong Passenger Bus Product Portfolio
Table 21:Yutong Recent Development
Table 22:King Long Company Information
Table 23:King Long Business Overview
Table 24:King Long Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 25:King Long Passenger Bus Product Portfolio
Table 26:King Long Recent Development
Table 27:BYD Company Information
Table 28:BYD Business Overview
Table 29:BYD Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 30:BYD Passenger Bus Product Portfolio
Table 31:BYD Recent Development
Table 32:Zhongtong Bus Company Information
Table 33:Zhongtong Bus Business Overview
Table 34:Zhongtong Bus Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 35:Zhongtong Bus Passenger Bus Product Portfolio
Table 36:Zhongtong Bus Recent Development
Table 37:Volvo Company Information
Table 38:Volvo Business Overview
Table 39:Volvo Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 40:Volvo Passenger Bus Product Portfolio
Table 41:Volvo Recent Development
Table 42:Mercedes-Benz Company Information
Table 43:Mercedes-Benz Business Overview
Table 44:Mercedes-Benz Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 45:Mercedes-Benz Passenger Bus Product Portfolio
Table 46:Mercedes-Benz Recent Development
Table 47:Scania Company Information
Table 48:Scania Business Overview
Table 49:Scania Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 50:Scania Passenger Bus Product Portfolio
Table 51:Scania Recent Development
Table 52:Tata Motors Company Information
Table 53:Tata Motors Business Overview
Table 54:Tata Motors Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 55:Tata Motors Passenger Bus Product Portfolio
Table 56:Tata Motors Recent Development
Table 57:Alexander Dennis Company Information
Table 58:Alexander Dennis Business Overview
Table 59:Alexander Dennis Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 60:Alexander Dennis Passenger Bus Product Portfolio
Table 61:Alexander Dennis Recent Development
Table 62:MAN Truck & Bus Company Information
Table 63:MAN Truck & Bus Business Overview
Table 64:MAN Truck & Bus Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 65:MAN Truck & Bus Passenger Bus Product Portfolio
Table 66:MAN Truck & Bus Recent Development
Table 67:Setra Company Information
Table 68:Setra Business Overview
Table 69:Setra Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 70:Setra Passenger Bus Product Portfolio
Table 71:Setra Recent Development
Table 72:VDL Company Information
Table 73:VDL Business Overview
Table 74:VDL Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 75:VDL Passenger Bus Product Portfolio
Table 76:VDL Recent Development
Table 77:Higer Bus Company Information
Table 78:Higer Bus Business Overview
Table 79:Higer Bus Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 80:Higer Bus Passenger Bus Product Portfolio
Table 81:Higer Bus Recent Development
Table 82:Marcopolo S.A Company Information
Table 83:Marcopolo S.A Business Overview
Table 84:Marcopolo S.A Passenger Bus Production (k units), Value (US$ Million), Price (k USD/unit) and Gross Margin (2020-2025)
Table 85:Marcopolo S.A Passenger Bus Product Portfolio
Table 86:Marcopolo S.A Recent Development
Table 87:Global Passenger Bus Production Comparison by Region: 2020 VS 2024 VS 2031 (k units)
Table 88:Global Passenger Bus Production by Region (2020-2025) & (k units)
Table 89:Global Passenger Bus Production Market Share by Region (2020-2025)
Table 90:Global Passenger Bus Production Forecast by Region (2026-2031) & (k units)
Table 91:Global Passenger Bus Production Market Share Forecast by Region (2026-2031)
Table 92:Global Passenger Bus Production Value Comparison by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 93:Global Passenger Bus Production Value by Region (2020-2025) & (US$ Million)
Table 94:Global Passenger Bus Production Value Market Share by Region (2020-2025)
Table 95:Global Passenger Bus Production Value Forecast by Region (2026-2031) & (US$ Million)
Table 96:Global Passenger Bus Market Average Price (k USD/unit) by Region (2020-2025)
Table 97:Global Passenger Bus Market Average Price (k USD/unit) by Region (2026-2031)
Table 98:Global Passenger Bus Consumption Comparison by Region: 2020 VS 2024 VS 2031 (k units)
Table 99:Global Passenger Bus Consumption by Region (2020-2025) & (k units)
Table 100:Global Passenger Bus Consumption Market Share by Region (2020-2025)
Table 101:Global Passenger Bus Forecasted Consumption by Region (2026-2031) & (k units)
Table 102:Global Passenger Bus Forecasted Consumption Market Share by Region (2026-2031)
Table 103:North America Passenger Bus Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (k units)
Table 104:North America Passenger Bus Consumption by Country (2020-2025) & (k units)
Table 105:North America Passenger Bus Consumption by Country (2026-2031) & (k units)
Table 106:Europe Passenger Bus Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (k units)
Table 107:Europe Passenger Bus Consumption by Country (2020-2025) & (k units)
Table 108:Europe Passenger Bus Consumption by Country (2026-2031) & (k units)
Table 109:Asia Pacific Passenger Bus Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (k units)
Table 110:Asia Pacific Passenger Bus Consumption by Country (2020-2025) & (k units)
Table 111:Asia Pacific Passenger Bus Consumption by Country (2026-2031) & (k units)
Table 112:South America, Middle East & Africa Passenger Bus Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (k units)
Table 113:South America, Middle East & Africa Passenger Bus Consumption by Country (2020-2025) & (k units)
Table 114:South America, Middle East & Africa Passenger Bus Consumption by Country (2026-2031) & (k units)
Table 115:Global Passenger Bus Production by Type (2020-2025) & (k units)
Table 116:Global Passenger Bus Production by Type (2026-2031) & (k units)
Table 117:Global Passenger Bus Production Market Share by Type (2020-2025)
Table 118:Global Passenger Bus Production Market Share by Type (2026-2031)
Table 119:Global Passenger Bus Production Value by Type (2020-2025) & (US$ Million)
Table 120:Global Passenger Bus Production Value by Type (2026-2031) & (US$ Million)
Table 121:Global Passenger Bus Production Value Market Share by Type (2020-2025)
Table 122:Global Passenger Bus Production Value Market Share by Type (2026-2031)
Table 123:Global Passenger Bus Price by Type (2020-2025) & (k USD/unit)
Table 124:Global Passenger Bus Price by Type (2026-2031) & (k USD/unit)
Table 125:Global Passenger Bus Production by Application (2020-2025) & (k units)
Table 126:Global Passenger Bus Production by Application (2026-2031) & (k units)
Table 127:Global Passenger Bus Production Market Share by Application (2020-2025)
Table 128:Global Passenger Bus Production Market Share by Application (2026-2031)
Table 129:Global Passenger Bus Production Value by Application (2020-2025) & (US$ Million)
Table 130:Global Passenger Bus Production Value by Application (2026-2031) & (US$ Million)
Table 131:Global Passenger Bus Production Value Market Share by Application (2020-2025)
Table 132:Global Passenger Bus Production Value Market Share by Application (2026-2031)
Table 133:Global Passenger Bus Price by Application (2020-2025) & (k USD/unit)
Table 134:Global Passenger Bus Price by Application (2026-2031) & (k USD/unit)
Table 135:Key Raw Materials
Table 136:Raw Materials Key Suppliers
Table 137:Passenger Bus Distributors List
Table 138:Passenger Bus Customers List
Table 139:Passenger Bus Industry Trends
Table 140:Passenger Bus Industry Drivers
Table 141:Passenger Bus Industry Restraints
Table 142:Authors List of This Report
Figure 1:Research Methodology
Figure 2:Research Process
Figure 3:Key Executives Interviewed
Figure 4:Passenger Bus Product Image
Figure 5:Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 6:Mini Bus (<7m) Product Image
Figure 7:Midi Bus (7–10m) Product Image
Figure 8:Full-size Bus (>10m) Product Image
Figure 9:Public Transportation Product Image
Figure 10:Long-distance Passenger Product Image
Figure 11:Tourism and Institutional Commuting Product Image
Figure 12:Other Product Image
Figure 13:Global Passenger Bus Production Value (US$ Million), 2020 VS 2024 VS 2031
Figure 14:Global Passenger Bus Production Value (2020-2031) & (US$ Million)
Figure 15:Global Passenger Bus Production Capacity (2020-2031) & (k units)
Figure 16:Global Passenger Bus Production (2020-2031) & (k units)
Figure 17:Global Passenger Bus Average Price (k USD/unit) & (2020-2031)
Figure 18:Global Passenger Bus Key Manufacturers, Manufacturing Sites & Headquarters
Figure 19:Global Top 5 and 10 Passenger Bus Players Market Share by Production Value in 2024
Figure 20:Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 21:Global Passenger Bus Production Comparison by Region: 2020 VS 2024 VS 2031 (k units)
Figure 22:Global Passenger Bus Production Market Share by Region: 2020 VS 2024 VS 2031
Figure 23:Global Passenger Bus Production Value Comparison by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 24:Global Passenger Bus Production Value Market Share by Region: 2020 VS 2024 VS 2031
Figure 25:North America Passenger Bus Production Value (US$ Million) Growth Rate (2020-2031)
Figure 26:Europe Passenger Bus Production Value (US$ Million) Growth Rate (2020-2031)
Figure 27:China Passenger Bus Production Value (US$ Million) Growth Rate (2020-2031)
Figure 28:Japan Passenger Bus Production Value (US$ Million) Growth Rate (2020-2031)
Figure 29:South Korea Passenger Bus Production Value (US$ Million) Growth Rate (2020-2031)
Figure 30:India Passenger Bus Production Value (US$ Million) Growth Rate (2020-2031)
Figure 31:Global Passenger Bus Consumption Comparison by Region: 2020 VS 2024 VS 2031 (k units)
Figure 32:Global Passenger Bus Consumption Market Share by Region: 2020 VS 2024 VS 2031
Figure 33:North America Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 34:North America Passenger Bus Consumption Market Share by Country (2020-2031)
Figure 35:United States Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 36:United States Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 37:Canada Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 38:Mexico Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 39:Europe Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 40:Europe Passenger Bus Consumption Market Share by Country (2020-2031)
Figure 41:Germany Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 42:France Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 43:U.K. Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 44:Italy Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 45:Russia Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 46:Spain Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 47:Netherlands Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 48:Switzerland Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 49:Sweden Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 50:Poland Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 51:Asia Pacific Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 52:Asia Pacific Passenger Bus Consumption Market Share by Country (2020-2031)
Figure 53:China Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 54:Japan Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 55:South Korea Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 56:India Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 57:Australia Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 58:Taiwan Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 59:Southeast Asia Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 60:South America, Middle East & Africa Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 61:South America, Middle East & Africa Passenger Bus Consumption Market Share by Country (2020-2031)
Figure 62:Brazil Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 63:Argentina Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 64:Chile Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 65:Turkey Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 66:GCC Countries Passenger Bus Consumption and Growth Rate (2020-2031) & (k units)
Figure 67:Global Passenger Bus Production Market Share by Type (2020-2031)
Figure 68:Global Passenger Bus Production Value Market Share by Type (2020-2031)
Figure 69:Global Passenger Bus Price (k USD/unit) by Type (2020-2031)
Figure 70:Global Passenger Bus Production Market Share by Application (2020-2031)
Figure 71:Global Passenger Bus Production Value Market Share by Application (2020-2031)
Figure 72:Global Passenger Bus Price (k USD/unit) by Application (2020-2031)
Figure 73:Passenger Bus Value Chain
Figure 74:Passenger Bus Production Mode & Process
Figure 75:Direct Comparison with Distribution Share
Figure 76:Distributors Profiles
Figure 77:Passenger Bus Industry Opportunities and Challenges

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Passenger Bus Industry Research Report 2025

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