Product Code: A12258
A minibus is a smaller bus that has less space for passengers than a full-sized vehicle. It can be used for leisure activities, educational institutions, travel, and public transit. Up to 20-38 people can fit inside of it. Due to its modest size, the minibus may be used for a variety of reasons, including traveling within and outside of cities. It provides a sustainable choice for moving small groups of people because it can easily maneuver through city streets and adapt to the urban environment.
Both an internal combustion engine (IC engine) and electric motors can power the minibus. The primary reason internal combustion engines (IC engines) are commonly found in minibuses is their strength and durability. The adoption of IC engines in distant areas is largely dependent on the availability of fuel for these engines. However, the lack of charging stations in remote and rural locations, along with other infrastructure issues, hinders the adoption of electric minibuses despite their zero emission status. However, with an emphasis on sustainability and environmental preservation, electric minibuses have become more popular in metropolitan areas. In highly populated locations, electric minibuses are an ideal means to reduce air and noise pollution as they are an emission-free and quieter option than conventional internal combustion engine vehicles.
Furthermore, minibuses offer small groups a useful way to travel around during recreational activities including camping vacations, outdoor concerts, and community gatherings. Communities in the neighborhood use it for facilitating group trips for children, the elderly, and other community members. An old person may be transported to a cultural event by a neighborhood community center in a minibus, or a youth group may be taken to an outdoor adventure park. Additionally, it can be utilized to take people to a cultural event or to a marriage function.
The demand for minibuses has been greatly impacted by urbanization as the need for effective and adaptable transportation solutions grows and cities undergo fast population development and expansion. There is a greater demand for accessible public transit networks as a result of growing urbanization, which has also raised population density and traffic congestion. Due to this, there is a growing need for more compact, agile transportation option, such as minibuses, that can easily move through crowded urban areas and offer both locals and tourists comfortable transportation options.
The relationship between urban development and transport systems is crucial, as effective urban transit plays a pivotal role in supporting the economic potential of cities. Without efficient urban transit, commuting becomes costly and cities struggle to deliver on their full economic capacity. Conventional large buses may encounter difficulties maneuvering in crowded urban environments and constrained roadways as areas become densely populated. In situations where larger vehicles would find it difficult to operate efficiently, minibuses provide a useful option for passenger transportation. In addition, urbanization has resulted in the rise in the percentage of the population residing in urban areas. Therefore, the increase in population has increased the demand for flexible and adaptable vehicles, like minibuses. Minibuses are essential for urban mobility because they can fit through tight spaces and provide efficient point-to-point transportation.
The demand for dependable and easily accessible public transit options grows as urbanization continues to fuel population expansion in cities. As they provide adaptable and affordable options for short- to medium-distance travel within urban settings, minibuses are essential in meeting the transportation needs of urban inhabitants. They are an essential component of urban transportation networks due to their capacity to offer last-mile connectivity.
Vehicle and passenger safety has improved by integrating advanced technologies and developing solutions to avoid any kind of accident or collision. Passenger safety can be greatly improved by adding advanced safety technologies to minibuses, such as enhanced braking systems, lane departure warning systems, and collision avoidance systems. By reducing the likelihood of accidents and lessening their effects, these technologies aim to provide passengers with a safe and enjoyable journey.
The minibus market is segmented into propulsion, end user, seating capacity, and region. By propulsion, the market is bifurcated into IC engine, and electric. By end user, the market is classified into school, tourism, and others. By seating capacity, the market is bifurcated into less than 20 seats and more than 20 seats. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players in the minibus market include Mercedes-Benz Group AG, Ford Motor Company Ltd, Hyundai motor company, MAN, TATA motors, TOYOTA MOTOR CORPORATION, Marcopolo SA, Volkswagen Group, Karsan Otomotiv Sanayii ve Ticaret A.S., IVECO S.p.A.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the minibus market analysis from 2022 to 2032 to identify the prevailing market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- New Product Development/ Product Matrix of Key Players
- SWOT Analysis
Key Market Segments
By Propulsion
By End User
By Seating Capacity
- Less than 20 seats
- More than 20 seats
By Region
- North America
- Europe
- Germany
- France
- Italy
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- Hyundai Motor Company
- Mercedes-Benz Group AG
- Tata Motors
- IVECO S.P.A
- FORCE MOTORS Ltd
- Volkswagen Group
- Marcopolo SA
- Ford Motor Company
- TOYOTA MOTOR CORPORATION
- Karsan Otomotiv Sanayii ve Ticaret A.?.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Urbanization
- 3.4.1.2. Growth in tourism and recreational activities
- 3.4.2. Restraints
- 3.4.2.1. License restrictions
- 3.4.2.2. Competition from faster modes of public transport
- 3.4.3. Opportunities
- 3.4.3.1. Advancement in safety features
- 3.4.3.2. Government regulations
CHAPTER 4: MINIBUS MARKET, BY PROPULSION
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. IC engine
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Electric
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: MINIBUS MARKET, BY END USER
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Schools
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Tourism
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Others
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: MINIBUS MARKET, BY SEATING CAPACITY
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Less than 20 seats
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. More than 20 seats
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: MINIBUS MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Propulsion
- 7.2.3. Market size and forecast, by End User
- 7.2.4. Market size and forecast, by Seating Capacity
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Propulsion
- 7.2.5.1.2. Market size and forecast, by End User
- 7.2.5.1.3. Market size and forecast, by Seating Capacity
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Propulsion
- 7.2.5.2.2. Market size and forecast, by End User
- 7.2.5.2.3. Market size and forecast, by Seating Capacity
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Propulsion
- 7.2.5.3.2. Market size and forecast, by End User
- 7.2.5.3.3. Market size and forecast, by Seating Capacity
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Propulsion
- 7.3.3. Market size and forecast, by End User
- 7.3.4. Market size and forecast, by Seating Capacity
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Market size and forecast, by Propulsion
- 7.3.5.1.2. Market size and forecast, by End User
- 7.3.5.1.3. Market size and forecast, by Seating Capacity
- 7.3.5.2. France
- 7.3.5.2.1. Market size and forecast, by Propulsion
- 7.3.5.2.2. Market size and forecast, by End User
- 7.3.5.2.3. Market size and forecast, by Seating Capacity
- 7.3.5.3. Italy
- 7.3.5.3.1. Market size and forecast, by Propulsion
- 7.3.5.3.2. Market size and forecast, by End User
- 7.3.5.3.3. Market size and forecast, by Seating Capacity
- 7.3.5.4. UK
- 7.3.5.4.1. Market size and forecast, by Propulsion
- 7.3.5.4.2. Market size and forecast, by End User
- 7.3.5.4.3. Market size and forecast, by Seating Capacity
- 7.3.5.5. Rest of Europe
- 7.3.5.5.1. Market size and forecast, by Propulsion
- 7.3.5.5.2. Market size and forecast, by End User
- 7.3.5.5.3. Market size and forecast, by Seating Capacity
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Propulsion
- 7.4.3. Market size and forecast, by End User
- 7.4.4. Market size and forecast, by Seating Capacity
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Propulsion
- 7.4.5.1.2. Market size and forecast, by End User
- 7.4.5.1.3. Market size and forecast, by Seating Capacity
- 7.4.5.2. Japan
- 7.4.5.2.1. Market size and forecast, by Propulsion
- 7.4.5.2.2. Market size and forecast, by End User
- 7.4.5.2.3. Market size and forecast, by Seating Capacity
- 7.4.5.3. South Korea
- 7.4.5.3.1. Market size and forecast, by Propulsion
- 7.4.5.3.2. Market size and forecast, by End User
- 7.4.5.3.3. Market size and forecast, by Seating Capacity
- 7.4.5.4. India
- 7.4.5.4.1. Market size and forecast, by Propulsion
- 7.4.5.4.2. Market size and forecast, by End User
- 7.4.5.4.3. Market size and forecast, by Seating Capacity
- 7.4.5.5. Rest of Asia-Pacific
- 7.4.5.5.1. Market size and forecast, by Propulsion
- 7.4.5.5.2. Market size and forecast, by End User
- 7.4.5.5.3. Market size and forecast, by Seating Capacity
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Propulsion
- 7.5.3. Market size and forecast, by End User
- 7.5.4. Market size and forecast, by Seating Capacity
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Latin America
- 7.5.5.1.1. Market size and forecast, by Propulsion
- 7.5.5.1.2. Market size and forecast, by End User
- 7.5.5.1.3. Market size and forecast, by Seating Capacity
- 7.5.5.2. Middle East
- 7.5.5.2.1. Market size and forecast, by Propulsion
- 7.5.5.2.2. Market size and forecast, by End User
- 7.5.5.2.3. Market size and forecast, by Seating Capacity
- 7.5.5.3. Africa
- 7.5.5.3.1. Market size and forecast, by Propulsion
- 7.5.5.3.2. Market size and forecast, by End User
- 7.5.5.3.3. Market size and forecast, by Seating Capacity
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. Mercedes-Benz Group AG
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.2. Ford Motor Company
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
- 9.3. Hyundai Motor Company
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. Tata Motors
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
- 9.5. Karsan Otomotiv Sanayii ve Ticaret A.S.
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. IVECO S.P.A
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.7. TOYOTA MOTOR CORPORATION
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.8. Marcopolo SA
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
- 9.9. FORCE MOTORS Ltd
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.10. Volkswagen Group
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance