Global Luxury Shuttle Bus Market to Grow at 7.74% During 2024-2032, Impelled by Increasing Demand for Luxury Guided Tours

April 21, 2023 | Automotive Industry

According to the latest report by IMARC Group, titled “Luxury Shuttle Bus Market Report by Propulsion Type (Diesel and Gasoline, Alternate Fuels, Battery Electric Buses, Hybrid Electric Buses), Seating Capacity (Below 25 Passengers, 25 to 40 Passengers, Above 40 Passengers), Application (Corporate, Government, School Coach, Airport Shuttle, Hospital and Medical Coach, Tourist Coach, and Others), and Region 2024-2032,” the global luxury shuttle bus market is expected to exhibit a CAGR of 7.74% during 2024-2032. A luxury shuttle bus is a short-haul transport that is either one-way or has multiple stops, mainly found in airports. It plies back and forth between two points and travels a shorter route than other bus routes. It is specifically designed to move large groups of individuals traveling to and from a specific destination in an organized manner. It is also used to transport people from airports to hotels. There are various types of shuttle buses, such as airport buses, university shuttles, rail replacement buses, employee shuttles, and community transport. It offers several benefits, including improved coordination, cost efficiency and sustainability, safety, ease of transport access, and smooth transportation experience. A luxury shuttle bus can extend mileage and is a less expensive alternative. It has numerous amenities not provided by a standard bus and is equipped with facilities and technology, such as kitchens and internet access.

Global Luxury Shuttle Bus Market Trends:

The global market is majorly driven by the increasing demand for luxury shuttle buses for luxury guided tours and sightseeing. In line with this, the rising popularity of electric and hybrid luxury buses due to growing environmental concerns is significantly contributing to the market. Furthermore, the escalating demand for luxury shuttle buses across airports and amusement parks is positively influencing the market. Apart from this, continual improvements in interiors and designs of luxury buses and technological advancements are catalyzing the market. Moreover, the key players are focusing on introducing new types of luxury shuttle buses with outstanding features and amenities to gain a strong foothold in the market. Besides, the shifting preference of individuals toward luxury buses over conventional buses is favoring the market growth. Additionally, the favorable initiatives undertaken by several governments to promote public transport services are anticipated to provide a boost to market expansion. Some of the other factors driving the market include the escalating demand for shuttle buses for weddings, concerts, and corporate events, significant growth in the travel and tourism industry, and the inflating disposable income levels of the masses.

Market Summary:

  • On the basis of the propulsion type, the market has been categorized into diesel and gasoline, alternate fuels, battery electric buses, and hybrid electric buses.
  • Based on the seating capacity, the market has been classified into below 25 passengers, 25 to 40 passengers, and above 40 passengers.
  • Based on the application, the market has been segmented into corporate, government, school coach, airport shuttle, hospital, and medical coach, tourist coach, and others.
  • On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and the Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market. Some of the key players include Arboc Specialty Vehicles LLC, Beiqi Foton Motor Co. Ltd., Forest River Inc. (Berkshire Hathaway Inc.), Grech Motors, Isuzu Motors Ltd., Iveco, Kamaz, King Long United Automotive Industry Co. Ltd, Lge Coachworks Inc., Proterra Inc., Zhengzhou Yutong Bus Co. Ltd. and Zhongtong Bus Holding Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Propulsion Type, Seating Capacity, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Arboc Specialty Vehicles LLC, Beiqi Foton Motor Co. Ltd., Forest River Inc. (Berkshire Hathaway Inc.), Grech Motors, Isuzu Motors Ltd., Iveco, Kamaz, King Long United Automotive Industry Co. Ltd, Lge Coachworks Inc., Proterra Inc., Zhengzhou Yutong Bus Co. Ltd. and Zhongtong Bus Holding Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Luxury Shuttle Bus Market to Grow at 7.74% During 2024-2032, Impelled by Increasing Demand for Luxury Guided Tours
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More