KSA, UAE AND Egypt Bus Market Research Report by Type (Single Deck Bus, Coach / Motor Coach, School Bus, Low-Floor Bus, Minibus, Double Decker Bus, and Other Types), By Propulsion (Diesel, Electric, and Alternative Fuel. The Electric segment is further segmented into BEV and PHEV), By Application (Airport Shuttles, Intercity Travel, Intracity Transportation, School Transportation, and Other Transportation), By End-User (Private Bus Operators, Public Transport Authorities, Schools and Universities, and Other End-Use), By Region (KSA, UAE, and Egypt) – Industry Forecast to 2032
Market SynopsisThe single deck bus market has grown rapidly between 2023 and 2032, with a noteworthy Compound Annual Growth Rate (CAGR) of 4.7%.
a sizable car intended for scheduled passenger transportation on set routes. It typically has several doors and seats, and it stops at specified bus stops to pick up and drop off people.
The government's strategic alliances and rising population are driving the market's growth in demand for buses.
Middle Eastern urban landscapes are changing dramatically due to rapid population growth and unrelenting urbanization, leaving megacities struggling with traffic and congestion issues. As the situation changes, city buses are coming to the rescue and seem to be a viable way to reduce traffic and provide sustainable mobility in Egypt, the United Arab Emirates (UAE), and the Kingdom of Saudi Arabia (KSA). Every nation is negotiating its own special set of opportunities and difficulties, which are demonstrated by the audacious plans and cutting-edge tendencies influencing urban transportation in the future.
In Saudi Arabia, the government has started a novel bus purchase program called BEV. By 2030, Riyadh is expected to rank among the biggest cities in the world. The $23 billion mega-project known as the Riyadh Public Transport Project includes a huge bus network, numerous metro lines, and integrated ticketing systems. KSA is in the forefront of sustainable urban mobility because to the Smart Bus Initiative, which introduces real-time tracking and e-ticketing and puts special emphasis on electric buses.
Market SegmentationThe bus market is divided into categories based on type, including double decker buses, minibuses, low-floor buses, school buses, coach/motor coaches, and other types.
The bus market is divided into three segments based on propulsion: diesel, electric, and alternative fuel. BEV and PHEV are subsets of the Electric sector.
The bus market is divided into four segments based on application: school transportation, intracity transportation, intercity travel, airport shuttles, and other transportation.
The bus market is divided into four segments based on the end-user: schools and universities, public transport authorities, private bus operators, and other end-users.
The bus market is divided into Egypt, the UAE, and Saudi Arabia based on country. Egypt contributes a sizable amount of USD 219.2 million to the regional bus market in 2023, indicating sustained expansion. Egypt's consistent need for buses is demonstrated by the estimated Compound Annual Growth Rate (CAGR) of 2.88%, underscoring the nation's dependence on dependable and effective modes of transportation.
Principal PlayersLeading companies in Egypt, the United Arab Emirates, Zhongtong Bus Holding Co., Ltd., MAN SE, Mercedes-Benz Buses, and Yutong Group Co., Ltd.