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Global Bus Market Outlook 2024

Goldstein Research analyst forecast the bus market size is set to reach USD 60.62 billion by 2024, at a CAGR of 7.90% over the forecast years. Some buses have 8 corridors covering 120km with daily passenger demand of 1 million.
A bus is a road vehicle which can be used for commercial or personal purpose both. The automobile (automotive companies) sector has expanded over the years into a developed and well established industry. Innovation and manufacturing of vehicles has helped the industry to grow into a profitable one. There is rising demand of the buses from the growing population especially from the urban areas which is globally driving the bus market.


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