Rerouted: Expansion of services will keep industry revenue afloat

The Public School Bus Services industry is projected to grow over the five years to 2017. Accelerating economic expansion has eased some pressure on state budgets and enabled moderate revenue growth over the period. The industry's short-term future over the five years to 2022 remains unclear. Positive factors pointing to industry growth include steadily improving state budgets and a rising number of elementary and secondary school children nationwide, both of which will increase industry demand. Factors complicating performance are forecasting increases in the world price of crude oil, a key input, that operators must try to price into their contracts...purchase to read more.

Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 12-17
3.1%
Forecast Growth 17-22
Profit
Employment
244,847
Businesses
11,314

Industry Threats & Opportunities

  • Unremarkable revenue growth resulted in a marginal increase in industry concentration
  • Reduction in both revenue and profit margins resulted in a decrease in industry operators
  • Government spending on primary and secondary education is expected to increase
  • Industry Report - Industry Locations Chapter

    Public School Bus Service providers are heavily concentrated in the Mid-Atlantic, Great Lakes, Plains and New England regions of the United States. Typically, industry operators locate near large metropolitan areas, such as New York City, Philadelphia and Chicago, where students often opt for riding the school bus rather than driving themselves or riding with their parents.The Mid-Atlantic region of the US is home to 40.1% of total industry operators, with Pennsylvania accounting for 14.3% of industry business alone. Large, densely populated school districts, such as those in New York City, Philadelphia and Washington, D.C. are popular among industry operators because of both the large number of students and their proximity to their schools. Sho...purchase to read more.

    Additional Insights for the Public School Bus Services Industry

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

  • Having a good reputation
  • Having a high profile in the market
  • Must comply with government regulations
  • IBISWorld analysts also discuss how external factors such as Government funding for primary and secondary education and Number of K-12 students in the Public School Bus Services industry impact industry performance..

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    What's in this report

    What is the Public School Bus Services Industry?

    This industry includes 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
  • School busing for public schools
  • Employee bus services
  • School busing for private schools
  • Other transportation and services
  • Industry Activities
  • Providing home-to-school bus transportation for students
  • Providing bus transportation for extracurricular activities
  • Providing bus transportation for employees
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Government funding for primary and secondary education
  • Number of K-12 students
  • Regulation for the Public School Bus Services industry
  • World price of crude oil

  • Current Performance
  • Budgetary woes
  • Shrinking participation
  • New technologies and alternative-fuel vehicles
  • Chart: Revenue Growth

  • Industry Outlook
  • Improving budgets
  • Rising student enrollment
  • Industry landscape
  • Table: Public School Bus Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Public School Bus Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Community Colleges
  • Trade & Technical Schools
  • Public Schools
  • Private Schools
  • Colleges & Universities

  • Key Selling Industries
  • Auto Mechanics
  • Car Body Shops
  • Car Wash & Auto Detailing
  • Fuel Dealers
  • Oil Change Services
  • Truck & Bus Manufacturing

  • Products & Services
  • School busing for public schools
  • School busing for private schools
  • Other transportation and services
  • Employee bus services
  • Chart: Public School Bus Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Public Schools
  • Private schools
  • Other
  • Chart: Major Market Segmentation for the Public School Bus Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchases and fuelDepreciationAdditional expenses
  • Chart: Cost Structure Benchmarking – Sector vs Public School Bus Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Public School Bus Services Industry

  • Industry Globalization
    FirstGroup plc, National Express Group PLC, Student Transportation Inc.,
  • Table: FirstGroup plc - financial performance
  • Table: National Express Group PLC - financial performance
  • Table: Student Transportation Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Public School Bus Services 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 Public School Bus Services Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of K-12 Students (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Fleet Management Software
  • Technology used by companies to track vehicle trips and fuel efficiency as well as provide remote control features.
  • Outsource
  • To procure goods or services under contract with an outside supplier.
  • Privatization
  • Changing from state to private ownership or control.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Public School Bus Services Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    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 Public School Bus Services:
    • 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 Public School Bus Services 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 Public School Bus Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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