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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 | Nov 2013

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

IBISWorld’s Public School Bus Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 08-13
0.4%
Annual Growth 13-18
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Profit
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Employment
229,182
Businesses
10,056
Industry Analysis & Industry Trends

The continuing trend among school districts to outsource their 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 bussing have increasingly turned to industry operators to provide cost-effective transportation programs for schools. However, the industry has encountered challenges with regard to school boards eliminating bus routes, in addition to rising fuel costs, which caused revenue to contract. Nevertheless, in the five years to 2018 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 Analysis Chapter

Over the five years to 2013, revenue for the Public School Bus Services industry is expected to grow at an average annual rate of 0.4% to an estimated $12.3 billion. Continuing privatization and outsourcing by school boards and mid-term contracts that include periodic revenue increases has supported revenue growth. The move toward outsourcing public school bus services was prompted by the increasing pressure on school boards and the cuts to state and local funding for public schools. About one third of school districts use industry services for school bussing while the remaining two-thirds operate bus services in-house or do not offer bus services at all... 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.

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
Student home-to-school bus transportation Extracurricular activities bus transportation Employee bus transportation


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