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 Key Buyers Chapter

The Bus Transportation industry in China is managed by the government, and nearly every city has its own bus transportation enterprises. Due to the state-owned and public-interest nature of the industry, bus transportation systems are generally monopolized by several firms formed by the government in each city.The top four operational firms in the industry hold a combined market share of 13.3% in terms of industry revenue in 2018. Due to the shortage of investment in bus transportation and the current inadequacies of bus transportation systems in China, private capital and foreign investment has been encouraged by the government in recent years. However, little progress has been made due to the low level of marketing the industry. Wit...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?

    The Bus Transportation 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.

    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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