Global School And Employee Bus Services Market Opportunities And Strategies For Major Players In The School And Employee Bus Services Market 2021-2030

23 Aug, 2021

The school and employee bus services market consists of sales of school and employee bus services and related goods by entities (organizations, sole traders and partnerships) that provide buses and other motor vehicles to transport pupils to and from school or employees to and from work. The school and employee bus services market is segmented into student bus services and employee bus services. Only goods and services traded between entities or sold to end consumers are included.

Global School And Employee Bus Services Market Size And Drivers:

The global school and employee bus services market reached a value of nearly $40,642.2 million in 2020, having increased at a compound annual growth rate (CAGR) of 0.5% since 2015. The market is expected to grow from $40,642.2 million in 2020 to $65,175.3 million in 2025 at a rate of 9.9%. The market is then expected to grow at a CAGR of 6.8% from 2025 and reach $90,611.9 million in 2030. Going forward, the increasing global population will drive the school and employee bus services market.

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Trends In The Global School And Employee Bus Services Market

School and employee bus services companies are increasingly adopting enhanced safety features on buses to offer safer services for their customers. Enhanced safety features in the bus include the use of an alcohol detection system, 360° camera, and others. The alcohol detection system works on the sensors which are placed into the steering wheel and help to detect the driver’s skin oil and lock the bus before going on the road in case of alcohol detection. The advantages of this technology include prevention from unsafe and careless driving. For instance, the companies offering alcohol detection systems include Senseair, Sober Steering, SOBRsafe, and others. The 360° camera offers a bird’s eye view of the entire bus perimeter for the drivers and helps in ensuring the safety of passengers as well. For instance, Seon offers a 360° camera system ‘inView 360 Around Vehicle Monitoring (AVM) System’ for school buses.

Global School And Employee Bus Services Market Segments:
The global school and employee bus services market is further segmented based on type and geography.
By Type: Students Bus Services, Employee Bus Services
By Geography: The global school and employee bus services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the school and employee bus services market, accounting for 29.8% of the total in 2020.

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School And Employee Bus Services Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides school and employee bus services market overviews, analyzes and forecasts market size and growth for the global school and employee bus services market, school and employee bus services market share, school and employee bus services market players, school and employee bus services market segments and geographies, school and employee bus services market’s leading competitors’ revenues, profiles and market shares. The school and employee bus services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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