The airport shuttle bus sales market is driven by factors such as the rise in disposable income and urbanization. In addition, governments are investing in public transportation systems. Moreover, the number of travellers has increased. These factors, combined with the growing popularity of air travel, have resulted in an increased demand for airport shuttle services.
Market size
The Airport Shuttle Bus Sales market is segmented by regions and countries. The North America market is the largest and most developed, followed by Europe and Asia Pacific. The Europe region is subdivided into France, Germany, Italy, and the rest of Europe. The Check out The Bus Centre Asia Pacific market is further segmented into South East Asia, the GCC, and South Africa.
The Airport Shuttle Bus market is expected to grow at a significant rate between 2022 and 2028. The report includes the analysis of trends in the market and insights into the drivers of growth in different regions. It also identifies the leading players operating in the market.
Regional segmentation
The Airport Transfer Shuttle Bus market is anticipated to reach a significant value by 2026. It is expected to grow at a moderate CAGR during the forecast period. The report includes market size and forecasts by type, application, and region. It also analyzes the latest trends and drivers affecting the market.
Airport buses, also known as airport shuttles, are typically equipped with comfortable seats, extended storage, climate control, restrooms, and large luggage storage capacity. Furthermore, their low maintenance costs make them an excellent choice for passenger transportation. Moreover, airline companies are placing more emphasis on improving the passenger experience and easing the boarding process.
Growth factors
Airport shuttle bus sales Canada are predicted to grow at a healthy pace over the next few years, driven by the rising popularity of luxury airport buses and increasing government investments. Rapid technological advancements in the automotive sector are opening up lucrative growth opportunities. Furthermore, the government’s commitment to reduce pollution is boosting the market.
The global market for airport shuttle buses is split into different regions and countries, and each region is further divided into several sub-segments. North America is sub-segmented into Canada, the U.S., and the Europe region into Germany, France, Italy, and the Rest of Europe. The Asia Pacific region is further subdivided into South East Asia, the GCC, and Africa.
Impact of COVID-19
The COVID-19 pandemic was the biggest shock to the aviation industry in decades. I recently looked at the impact on the Canadian airline industry and its shuttle bus sales. Passenger traffic has been slow to recover and airlines have suffered substantial financial losses. One bright spot for airlines has been cargo, which has seen a boost in demand and yields during the pandemic. Still, airline operating statistics and financial indicators point to a prolonged period of decline, with little improvement until the summer of 2021.
COVID-19’s devastating effects on the transportation industry have put many transit agencies under severe financial stress. Public transit agencies have reduced their service by up to 40 percent, and over half of these companies are contemplating layoffs or cuts to service. In addition, many of these agencies have reduced or canceled capital projects.
The Bus Centre
11461 Hayes Crescent