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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

IBISWorld’s Public School Bus Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Investment Chapter

The Public School Bus Services industry has a moderate level of capital intensity. IBISWorld estimates that for every dollar spent on wages, industry operators will spend $0.24 in capital investment. Capital investment is mainly in buses and technology. On average, standard school buses cost about $75,000. The cost of newer, low-emission school buses is even higher and can range between $150,000 and $185,000. Furthermore, maintenance and repairs are major expenses for industry operators. Over the past five years, capital intensity decreased slightly; in 2009, industry operators spent about $0.25 in capital investment... 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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