Charter bus services industry establishments are mainly involved in offering charter bus services not operating over fixed routes and schedules. Customers are required to rent the entire vehicle, rather than individual seats.
The global charter bus services market was valued at $24 billion in 2017. Western Europe was the largest geographic region accounting for $8.0 billion or 0.3% of the global market. The USA was the largest country accounting for $3.1 billion or 0.1% of the global charter bus services market.
Charter bus service market is increasing tremendously with the increase in the usage of party buses. These buses are used for recreational purposes and loaded with increased capacity and extra amenities. It enables to increase the travel experience due to facilities provided like dance floors, laser light, disco lights and theatre system. The sound system in these buses are also better than the conventional buses. With the increase in the usage of such buses, charter bus service market is expected to grow in the coming years.
Companies Covered: FirstGroup PLC, Durham School Service, Dousman Transport Co, Wisconsin Coach Lines Group, Coach USA
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