IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
Transit Buses in the US Procurement Price, Data and Insights
Transit buses are designed for shorter-distance travel and thus feature a mixture of bucket and bench seating, standing room capacity, multiple large doors for entering and exiting and minimal luggage space. Transit buses are typically classified as Class 7 vehicles. Key buyers primarily include public transit agencies charged with providing public transportation for a city or region.
Access this data your way
The Transit Buses Procurement Price, Data and Insights is available in multiple formats to fit seamlessly into your workflow.
API Data Delivery
Feed trusted, human-driven industry intelligence straight into your platform.
Integrations
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
What’s included in this market coverage
IBISWorld's research coverage on the Transit Buses procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Transit Buses market in the United States includes New transit buses and Used transit buses. Standard coding in this coverage includes HS-870290-Vehicles; Public Transport Type (Carries 10 Or More Persons, Including Driver), N.E.C. In Heading 8702, New Or Used, ISIC-291-Manufacture of motor vehicles, NACE-29.10-Manufacture Of Motor Vehicles, NAICS-336120-Heavy Duty Truck Manufacturing and UNSPSC-25101502-Busses.
What common market terminology is included?
Common market terminology included in the Transit Buses procurement coverage includes Chassis (The frame of a motor vehicle, often supplied to transit bus manufacturers via a third party.), Compressed Natural Gas (CNG) (CNG stands for compressed natural gas, and is an alternative fuel made by compressing natural gas to less than 1.0% of its normal volume.), Second-Stage Manufacturer (An alternative fuel made by compressing natural gas to less than 1.0% of its normal volume.), Floor Design (Transit buses come with either a high-floor design (in which riders walk up stairs to enter the bus), or with a low-floor design (in which there are no steps between the entrance and passenger area).) and Pilot Bus (One or several test buses ordered by a transit agency that allows them to assess whether or not the bus can meet their transportation needs without committing to a full order. Pilot buses are often used when cities transition from traditional diesel buses to CNG, hybrid or electric buses.).
What companies are included as top suppliers?
The top companies covered in the Transit Buses procurement report as suppliers are Midwest Transit Equipment, Inc., Creative Bus Sales Inc., Navistar International Corp, Abc Bus Companies Inc. and Ab Volvo.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Transit Buses market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per transit bus, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Transit Buses market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Transit Buses procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Transit Buses market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Transit Buses market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
Trusted by industry professionals
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
Frequently Asked Questions
What is the current market price for Transit Buses?
The 2026 benchmark market price for Transit Buses is $379580 per transit bus. Prices have increased at a CAGR of 4.33 from 2023-26.
Who are the top vendors in the Transit Buses market?
The top vendors in the Transit Buses market include Midwest Transit Equipment, Inc., Creative Bus Sales Inc., Navistar International Corp, Abc Bus Companies Inc. and Ab Volvo.
What industries supply the Transit Buses market?
The top industries supplying the Transit Buses market are Steel Framing in the US and Steel Rolling & Drawing in the US.
What is the supply chain risk for Transit Buses?
High market concentration limits buyer leverage in negotiating transit bus contracts. The transit bus market is dominated by NFI Group and Gillig LLC, which together account for roughly 75% of revenue. This high concentration reduces competitive pressure, limiting buyers' ability to negotiate pricing or contract terms. Procurement teams should explore multi-year agreements, leverage secondary suppliers where possible, and aggregate orders strategically to maximize negotiation leverage. Additionally, benchmarking vendor performance can help buyers identify potential cost efficiencies despite limited competition.
What factors affect the price of Transit Buses?
Projects involving advanced propulsion systems, such as electric or hybrid technologies, typically incur higher costs due to the specialized knowledge and integration required by suppliers. These systems demand more complex engineering, additional infrastructure like charging stations, and ongoing support, further raising the price for buyers.
Cut through the noise with intelligence you can trust
