Saudi Arabia Bus Market Share, Size, Trends, Industry Analysis Report, By Type (Single Deck, Double Deck); By Seating Capacity (15-30, 31-50, Over 50); By Fuel Type (Diesel, Electric/Hybrid, Others); Segment Forecast, 2022 - 2030

Saudi Arabia Bus Market Share, Size, Trends, Industry Analysis Report, By Type (Single Deck, Double Deck); By Seating Capacity (15-30, 31-50, Over 50); By Fuel Type (Diesel, Electric/Hybrid, Others); Segment Forecast, 2022 - 2030

The global Saudi Arabia bus market size is expected to reach USD 409.8 million by 2029 according to a new study by Polaris Market Research. The report “Saudi Arabia Bus Market Share, Size, Trends, Industry Analysis Report, By Type (Single Deck, Double Deck); By Seating Capacity (15-30, 31-50, Over 50); By Fuel Type (Diesel, Electric/Hybrid, Others); Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future industry growth.

As part of the automotive sector expansion initiatives, increasing public transportation facilities in the nation is expected to fuel demand for buses throughout the forecast period. Furthermore, increased investment by many bus service companies, including SAPTCO, HAFIL, Careem, and others, is likely to boost the number of orders in Saudi Arabia, which will fuel the industry’s growth.

Increasing investments to meet the socio-economic development goals and favorable vehicle manufacturing regulations to improve public transport. Furthermore, the rising urban population along with government initiatives to increase city connections are expected to fuel the product demand.