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Base Year
Historical Year
Forecast Year
Value in AUD million
2024-2032
Australia Bus Market Outlook
*this image is indicative*
Based on fuel type, the Australia bus market share is led by electric buses
The Australia bus market is thriving due to electric buses, which generate less noise compared to gasoline buses, thereby contributing to reduced noise pollution and lower greenhouse gas emissions. Moreover, they are energy efficient and provide various health benefits by reducing the chances of respiratory problems due to the lowering of air pollution.
Australia Bus Market Summary | Description | Value |
Base Year | AUD Million | 2023 |
Historical period | AUD Million | 2018-2023 |
Forecast Period | AUD Million | 2024-2032 |
Market Size 2023 | AUD Million | 256.3 |
Market Size 2032 | AUD Million | 491.5 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 7.5% |
CAGR 2024-2032 - Market by Region | New South Wales | 8.6% |
CAGR 2024-2032 - Market by Region | Western Australia | 7.1% |
CAGR 2024-2032 - Market by Type | Single Deck | 8.3% |
CAGR 2024-2032 - Market by Seat Capacity | 31-50 Seats | 8.4% |
Market Share by Region | Australian Capital Territory | 11.2% |
The Australia bus market development is significantly contributed by the various trends including the integration of smart traffic management systems in autonomous buses which helps in reducing the traffic congestion on the road. These autonomous buses also reduce greenhouse gas emissions and are incorporated with advanced safety systems. Moreover, the buses are being manufactured sustainably with cleaner fuel which promotes the reduction of carbon emission in the environment. Due to rapid urbanization, there is an increase in the development of bus lanes, and bus rapid transit (BRT) systems.
In 2023, the Scania launched the new battery electric bus model in Adelaide, Australia. These buses are incorporated with built-in safety features with seats for 41 passengers and a driver and consist of electro-pneumatic park brakes.
Australia Bus Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Seat Capacity
Market Breakup by Length
Market Breakup by Fuel Type
Market Breakup by Application
Market Breakup by Region:
CAGR 2024-2032 - Market by | Region |
New South Wales | 8.6% |
Western Australia | 7.1% |
Others | 6.0% |
Victoria | XX% |
Queensland | XX% |
Australian Capital Territory | XX% |
The Australia bus market key players are Grenda Corporation, Pryor Family Group of Companies, Custom Bus Group Pty Ltd., Nexport Pty Ltd., BusTech Pty Ltd., Cathro & Partners Pty Ltd., Man Truck & Bus Australia, BLK Auto Pty Ltd., I-Bus Australia and others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The market is estimated to be valued at AUD 256.34 million in 2023.
The market is projected to grow at a CAGR of 7.50% between 2024 and 2032.
The revenue generated from the market is expected to reach AUD 491.46 million in 2032.
The bus market is growing with an increase in the development of autonomous buses, sustainable manufacturing of buses, and an increase in urbanization.
Based on the type, the bus market is bifurcated into single-deck and double-deck.
Key players in the Australia bus industry are Grenda Corporation, Pryor Family Group of Companies, Custom Bus Group Pty Ltd., Nexport Pty Ltd., BusTech Pty Ltd., Cathro & Partners Pty Ltd., Man Truck & Bus Australia, BLK Auto Pty Ltd., I-Bus Australia and others.
Based on the fuel type, the bus market is divided into battery electric, diesel, fuel cell electric and plug-in hybrid.
The different lengths of the bus include up to 9 meters, 9 meters - 12 meters, and more than 12 meters.
The market is broken down into New South Wales, Victoria, Queensland, the Australia Capital Territory, and Western Australia, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
Report Features | Details |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Seat Capacity |
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Breakup by Length |
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Breakup by Fuel Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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