Report ID: SQMIG25C2186
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the School Bus Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading School Bus industry players.
In 2024, the global school bus industry remains highly competitive, with both traditional players and new entrants focusing on advancements in sustainability, electrification, and technological innovations. Leading players such as Forest River, Collins Bus Corporation, and Blue Bird Corporation continue to dominate, leveraging their established distribution channels and expertise in manufacturing traditional and electric buses. The competitive landscape has been marked by several strategic mergers and acquisitions, such as the sale of Collins Bus Corporation from REV Group to Forest River and the strategic partnership between Lion Electric and Thomas Built Buses to advance electric vehicle (EV) school buses.
Innovation is central to the competitive dynamics of this market, as traditional bus manufacturers pivot toward electric school buses, driven by government policies on reducing carbon emissions. Companies like IC Bus and Volvo Buses are actively investing in electric bus technology, while Lion Electric stands out as a pioneer in the electric school bus segment. This market is also seeing increasing interest from startups that bring fresh approaches to clean transportation solutions for school districts.
Top Player’s Company Profile
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