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Luxury Shuttle Bus Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global luxury shuttle bus market is expected to exhibit a CAGR of 8.94% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

A luxury shuttle bus is a premium mode of transportation offering numerous amenities, which are not provided by a standard shuttle bus. These include leather seats, Wi-Fi, television (TVs), complimentary beverages and snacks, extra legroom, reclining seats, footrests, personal attendants, fleece blankets and pillows, power outlets, high-capacity cargo bays, overhead luggage area, and on-board restrooms. A luxury shuttle bus may also have kitchenettes equipped with a microwave, fridge and sink, and a bar wherein alcoholic beverages are restocked and included in the rental price. 

 

 
 

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Luxury Shuttle Bus Market Trends:

At present, there is a considerable rise in the use of luxury shuttle buses for airport transfers, weddings, concerts, corporate events, birthdays and anniversaries, graduations, sightseeing tours, and bachelor and bachelorette parties around the world. This, in confluence with the thriving travel and tourism industry, represents one of the key factors bolstering the growth of the market. Besides this, luxury transport has gained immense traction in recent years on account of improving social status of individuals, especially in developing countries. In addition, tourists are regularly sharing uncommon, luxurious, highly exclusive, and expensive travel experiences on social media platforms. This, coupled with the increasing utilization of luxury transport by celebrities, executives, and people with discerning tastes and needs, is impelling the growth of the market. Apart from this, luxury transport services hire licensed and highly experienced drivers by screening them before employment. Furthermore, luxury buses offer custom paint jobs to match their luxurious interior. This, along with the rising number of high-net-worth individuals (HNWIs) across the globe, is anticipated to create a positive outlook for the market and industry investors in the upcoming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global luxury shuttle bus market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on propulsion type, seating capacity and application.

Breakup by Propulsion Type:

 

 
 

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  • Diesel and Gasoline
  • Alternate Fuels
  • Battery Electric Buses
  • Hybrid Electric Buses
     

Breakup by Seating Capacity:

  • Below 25 Passengers
  • 25 to 40 Passengers
  • Above 40 Passengers
     

Breakup by Application:

  • Corporate
  • Government
  • School Coach
  • Airport Shuttle
  • Hospital and Medical Coach
  • Tourist Coach
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
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$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
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)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Luxury Shuttle Bus Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Propulsion Type
    6.1    Diesel and Gasoline
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Alternate Fuels
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Battery Electric Buses
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Hybrid Electric Buses
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Seating Capacity
    7.1    Below 25 Passengers
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    25 to 40 Passengers
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Above 40 Passengers
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Application
    8.1    Corporate
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Government
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    School Coach
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Airport Shuttle
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Hospital and Medical Coach
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Tourist Coach
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others
        8.7.1 Market Trends
        8.7.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Arboc Specialty Vehicles LLC
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Beiqi Foton Motor Co. Ltd.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Forest River Inc. (Berkshire Hathaway Inc.)
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Grech Motors
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Isuzu Motors Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Iveco 
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Kamaz
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
        14.3.8    King Long United Automotive Industry Co. Ltd
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
        14.3.9    Lge Coachworks Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Proterra Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
        14.3.11    Zhengzhou Yutong Bus Co. Ltd.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
        14.3.12    Zhongtong Bus Holding Co. Ltd.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials

List of Figures

Figure 1: Global: Luxury Shuttle Bus Market: Major Drivers and Challenges
Figure 2: Global: Luxury Shuttle Bus Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Luxury Shuttle Bus Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Luxury Shuttle Bus Market: Breakup by Propulsion Type (in %), 2021
Figure 5: Global: Luxury Shuttle Bus Market: Breakup by Seating Capacity (in %), 2021
Figure 6: Global: Luxury Shuttle Bus Market: Breakup by Application (in %), 2021
Figure 7: Global: Luxury Shuttle Bus Market: Breakup by Region (in %), 2021
Figure 8: Global: Luxury Shuttle Bus (Diesel and Gasoline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Luxury Shuttle Bus (Diesel and Gasoline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Luxury Shuttle Bus (Alternate Fuels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Luxury Shuttle Bus (Alternate Fuels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Luxury Shuttle Bus (Battery Electric Buses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Luxury Shuttle Bus (Battery Electric Buses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Luxury Shuttle Bus (Hybrid Electric Buses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Luxury Shuttle Bus (Hybrid Electric Buses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Luxury Shuttle Bus (Below 25 Passengers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Luxury Shuttle Bus (Below 25 Passengers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Luxury Shuttle Bus (25 to 40 Passengers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Luxury Shuttle Bus (25 to 40 Passengers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Luxury Shuttle Bus (Above 40 Passengers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Luxury Shuttle Bus (Above 40 Passengers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Luxury Shuttle Bus (Corporate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Luxury Shuttle Bus (Corporate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Luxury Shuttle Bus (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Luxury Shuttle Bus (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Luxury Shuttle Bus (School Coach) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Luxury Shuttle Bus (School Coach) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Luxury Shuttle Bus (Airport Shuttle) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Luxury Shuttle Bus (Airport Shuttle) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Luxury Shuttle Bus (Hospital and Medical Coach) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Luxury Shuttle Bus (Hospital and Medical Coach) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Luxury Shuttle Bus (Tourist Coach) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Luxury Shuttle Bus (Tourist Coach) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Luxury Shuttle Bus (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Luxury Shuttle Bus (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: United States: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: United States: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Canada: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Canada: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia-Pacific: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Asia-Pacific: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: China: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: China: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Japan: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Japan: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: India: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: India: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: South Korea: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: South Korea: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Australia: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Australia: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Indonesia: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Indonesia: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Europe: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Europe: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Germany: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Germany: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: France: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: France: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: United Kingdom: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: United Kingdom: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Italy: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Italy: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Spain: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Spain: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Russia: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Russia: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Latin America: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Latin America: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Brazil: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Brazil: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Mexico: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Mexico: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Middle East and Africa: Luxury Shuttle Bus Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Middle East and Africa: Luxury Shuttle Bus Market: Breakup by Country (in %), 2021
Figure 84: Middle East and Africa: Luxury Shuttle Bus Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Global: Luxury Shuttle Bus Industry: SWOT Analysis
Figure 86: Global: Luxury Shuttle Bus Industry: Value Chain Analysis
Figure 87: Global: Luxury Shuttle Bus Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Luxury Shuttle Bus Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Luxury Shuttle Bus Market Forecast: Breakup by Propulsion Type (in Million US$), 2022-2027
Table 3: Global: Luxury Shuttle Bus Market Forecast: Breakup by Seating Capacity (in Million US$), 2022-2027
Table 4: Global: Luxury Shuttle Bus Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Luxury Shuttle Bus Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Luxury Shuttle Bus Market: Competitive Structure
Table 7: Global: Luxury Shuttle Bus Market: Key Players


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Key Questions Answered in This Report

We expect the global luxury shuttle bus market to exhibit a CAGR of 8.94% during 2022-2027.

The expanding travel and tourism industry, along with the rising demand for luxury shuttle bus for weddings, corporate events, personal celebrations, etc., is primarily driving the global luxury shuttle bus market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for luxury shuttle bus.

Based on the propulsion type, the global luxury shuttle bus market can be segmented into diesel and gasoline, alternate fuels, battery electric buses, and hybrid electric buses. Currently, alternate fuels hold the majority of the total market share.

Based on the seating capacity, the global luxury shuttle bus market has been divided into below 25 passengers, 25 to 40 passengers, and above 40 passengers. Among these, 25 to 40 passengers exhibit a clear dominance in the market.

Based on the application, the global luxury shuttle bus market can be categorized into corporate, government, school coach, airport shuttle, hospital and medical coach, tourist coach, and others. Currently, tourist coach accounts for the majority of the global market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global luxury shuttle bus market 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.

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