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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

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
$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 - Starting a New Business Chapter

The industry has moderate barriers to entry. One of the primary barriers is the capital investment necessary to begin operations. Standard school buses cost about $75,000. However, newer low-emission school buses range between $150,000 and $185,000 each. Hybrid buses can cost up to $100,000 more than standard buses.

Barriers to entry vary depending on the region. Currently, the vast majority of privatized school bus providers are located in the Mid-Atlantic region. Therefore, new operators will have a greater chance of establishing themselves in regions that have fewer operators, as well as larger overall student population, such as the Southeast, the West and the Southwest regions... 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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