Minibus Market - Top Companies and Manufacturers

  • Report ID: 6747
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Companies Dominating the Minibus Market

    Key players in the minibus market are employing several organic and inorganic marketing strategies to earn high profits. They are investing heavily in research and development activities to introduce minibuses with innovative features. The integration of advanced technologies such as IoT, advanced diver-assistance systems, and improved battery technology are enhancing the capabilities of their minibuses. Industry giants are also collaborating with other players to increase minibus market reach. Furthermore, mergers & acquisitions, and regional expansion tactics are aiding to cater to a larger audience base.

    Some of the key players include in minibus market:

    • Daimler AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Fiat Chrysler Automobiles N.V.
    • Ford Motor Company
    • General Motors
    • Hyundai Motor Company
    • Iveco S.p.A.
    • Karsan
    • Renault Group
    • Volkswagen

Browse Key Market Insights with Data Illustration:

In the News

  • In September 2024, Karsan announced it was the first to introduce electric minibuses in Santa Maria, California, U.S. The 14 e-JEST electric minibuses are employed in microtransit service administrated by Santa Maria Regional Transit (SMRT). With such moves, the company is strengthening its position in the North America market.
  • In May 2024, Renault Group revealed that under its autonomous vehicle strategy, the company is set to launch an ambitious level 4 minibus for public transportation. The company is adopting this strategy to meet the growing demand for low-carbon mobility.

Author Credits:  Saima Khursheed


  • Report ID: 6747
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global minibus market will be valued at USD 11.1 billion in 2025.

Expanding at a CAGR of 4.3%, the global market is expected to increase from USD 10.7 billion in 2024 to USD 18.4 billion by 2037.

Some leading companies are Daimler AG, Fiat Chrysler Automobiles N.V., Ford Motor Company, and General Motors.

The 10-20 seats segment is estimated to capture a high 41.1% of the market share through 2037.

Asia Pacific is expected to hold 47.8% of the global market share through 2037.
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