The Bus Transportation industry in China has been growing at an annualized rate of 10.0% in the five years through 2018. Total revenue is expected to reach $28.1 billion, up 7.8% from 2017. There are 3,801 bus transportation establishments operating in the industry, with 1.3 million employees. However, enterprises in this industry are governed by local governments, which standardizes the industry's development.As one of the main urban public transportation means and with rapid urbanization underway, China's public bus systems have been expanding. Public bus transportation systems in some large cities, especially in Beijing, Shanghai and Guangzhou, are very well-developed.Steady industry performance is expected in future years with rising urbanization in China...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Report - Industry Investment Chapter

For every dollar spent on labor in the industry, about 64 cents are invested in capital, which indicates a high level of capital intensity. Participants of this industry must invest a lot in equipment, especially buses. Capital intensity has increased slightly as a certain number of aging vehicles have been replaced.Technology, such as communications equipment, computer-assisted booking and route planning systems, have helped reduce labor costs. However, driving, maintenance, conductor and customer service must be carried out by people. Labor expenses in this industry include wages, salaries and benefits paid to drivers, mechanics, cleaners and administrative staff. In the five years through 2018, industry wages have been increasing 5.9% o...purchase to read more.

Additional Insights for the Bus Transportation Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Bus Transportation Industry are

  • Must comply with government regulations
  • Easy access for clients
  • Ability to take advantage of government subsidies and other grants
  • IBISWorld analysts also discuss how external factors such as Funding (State) - Public Transport and Urban Population in the Bus Transportation industry impact industry performance..

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    What's in this report

    What is the Bus Transportation Industry?

    The Bus Transportation industry in China provides public bus transportation services, including city public bus transportation, suburban public bus transportation, city public trolley bus transportation, and tourism passenger transportation.

    Industry Products
  • Public bus transportation
  • Public trolley bus transportation
  • City tourism transportation
  • Industry Activities
  • City public bus transportation
  • Suburban public bus transportation
  • City public trolley bus transportation
  • City tourism passenger transportation
  • Suburban tourism passenger transportation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Funding (State) - Public Transport
  • Urban Population
  • Economic Indicators - Total Motor Vehicle Registrations
  • Natural Resources and Environment - Pollution control and abatement
  • Privatization
  • Transport Infrastructure

  • Current Performance
    UrbanizationSlowed growthProfitability and enterprisesEmployment and wages
  • Chart: Revenue Growth

  • Industry Outlook
    Upgrades on existing bus transportation systemsNew energy bus marketConstruction of subway, light rail and cable car transportationEmployment and wages
  • Table: Bus Transportation Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Bus Transportation Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Households

  • Key Selling Industries
  • Automobile Manufacturing
  • Electricity Transmission and Distribution
  • Gas Stations
  • Trolley & Tramcar Manufacturing

  • Products & Services
  • Public bus transportation
  • City tourism transportation
  • Public trolley bus transportation
  • Chart: Bus Transportation Industry Products and Services Segmentation

  • Demand Determinants
  • Urban population growth
  • Private car affordability
  • Completeness of public transportation facilities
  • Passenger preferences
  • Government funding and subsidies

  • Major Markets
  • People aged 19 to 40 years
  • People aged 41 to 60 years
  • People under 18 years of age
  • People aged over 60 years
  • Chart: Major Market Segmentation for the Bus Transportation Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Bus Transportation

  • Basis of Competition
  • Punctuality
  • Comfort and safety
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Bus Transportation Industry

  • Industry Globalization
    Beijing Public Transport (Group) Co. Ltd., Shanghai Bashi Public Transportation Group Co. Ltd., Hangzhou Public Transport Group Co. Ltd., Tianjin Public Transportation Group (Holding) Co. Ltd., Guangzhou City No. 2 Bus Co. Ltd.,
  • Table: Beijing Public Transport (Group) Co. Ltd. - financial performance
  • Table: Shanghai Bashi Public Transportation Group Co. Ltd. - financial performance
  • Table: Hangzhou Public Transport Group Co. Ltd. - financial performance
  • Table: Tianjin Public Transportation Group (Holding) Co. Ltd. - financial performance
  • Table: Guangzhou City No. 2 Bus Co. Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Bus Transportation Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Bus Transportation Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Total Assets (2009-2023)
  • Passenger Trips - Million Person Times (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Bus Rapid Transit (Brt)
  • A new public bus transportation system in China that complements Rapid Rail Transit and Normal Bus Transit.
  • Light Rail
  • Light rail networks involve electric-powered vehicles that run on purpose built tracks, similar to trains. Light rail systems use lighter engines and fewer carriages than rail networks.
  • Liquefied Petroleum Gas (Lpg)
  • A flammable mixture of hydrocarbon gases used as a fuel; also called GPL, LP gas or autogas.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Bus Transportation 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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Bus Transportation:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Bus Transportation market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Bus Transportation, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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