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Public School Bus Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Public School Bus Services Market Research Report | NAICS 48541 | Oct 2014

Bus route: Increased outsourcing of bus services will continue to fuel industry growth

The Public School Bus Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 09-14
1.1%
Annual Growth 14-19
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Profit
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Employment
237,224
Businesses
10,091
Industry Analysis & Industry Trends

The continuing trend among school districts to outsource school bus services, given a lack of state and local funding for public schools, has propelled revenue growth. School districts that traditionally provided their own busing have increasingly turned to industry operators to provide cost-effective transportation programs for schools. However, the industry has encountered challenges in regard to school boards eliminating bus routes, in addition to rising fuel costs, which caused revenue to contract. Nevertheless, in the five years to 2019 revenue will accelerate, given that demand for privatized industry school bus services is expected to strengthen, as school districts face escalating budget cuts caused by reduced state and local funding... purchase to read more

Industry Report - Industry Products Chapter

School buses transport more than an estimated 25 million students each year, according to the most recent data provided by the American School Bus Council. The industry includes private companies that provide busing services for elementary, middle and high school students. These companies are typically hired by school districts. With recent budget cutbacks for education services more school districts have been opting for these outsourced services. About 30.0% of school districts use these contracted services for student transportation.

Public school busing for students

The industry garners the majority of its revenue from providing transportation for children who attend public school for grades K-12... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Public School Bus Services Industry?

This industry comprises companies that primarily provide bus services to students in grades K-12 and school employees. School buses transport students to and from school, as well as between school events, field trips, camps and other educational events. Companies also provide transportation for school employees to and from work.

Industry Products
Public school busing for high school studentsEmployee bus servicesSchool busing for private schoolsOther transportation and servicesPublic school busing for elementary and middle school students
 
Industry Activities
Providing home-to-school bus transportation for studentsProviding bus transportation for extracurricular activitiesProviding bus transportation for employees


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