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Thomas Built Buses and Blue Bird Corporation hold over 10% of global mid-sized school buses industry. Price competition between firms is a common strategy used to draw clients. This may result in regular price adjustments and promotions. In the mid-sized school bus industry, businesses including Collins Bus Corporation, Thomas Built Buses, and Blue Bird Corporation have long held a strong position. They are close competitors due to their extensive expertise, well-known brands, and established distribution systems.
Some manufacturers set themselves apart by providing alternatives for customization and unique configurations made to meet client needs. This includes amenities such as entertainment systems made specifically for special education transportation or other niche markets, wheelchair lifts, and customized seating layouts.
Major companies operating in the mid-sized school buses industry are:
North America market was valued at USD 717.9 million in 2023, attributed to increasing requirement for specialized transportation services for students with disabilities in the region.
Trans Tech, Lion Electric Company, Girardin Minibus, Motiv Power Systems, Proterra, Navistario, Titan Bus, Forest River, Startrans, Carpenter Body Works, Wayne Wheeled Vehicles, C.E. White Co., and Corbeil, are some of the major mid-sized school buses companies worldwide.
The market size of mid-sized school buses reached USD 1.8 billion in 2023 and is set to witness 7% CAGR from 2024 to 2032, owing to the growing number of students across developing regions worldwide.
The diesel segment is expected to record over 80% share by 2032, due to being an established technology that has been utilized in the transportation sector for many years.