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KSA, UAE, Egypt Bus Market is predicted to reach USD 1,151.5 million at a CAGR of 4.67% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global KSA, UAE, Egypt Bus Market”.


The KSA, UAE, Egypt Bus market is estimated to register a CAGR of 4.67% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the KSA, UAE, Egypt Bus market Mercedes-Benz Buses, MAN SE, Yutong Group Co., Ltd., Volvo Buses, Scania AB, Ashok Leyland, Zhongtong Bus Holding Co., Ltd., Higer Bus Co., Ltd., and Iveco Bus.


Market Highlights


The KSA, UAE, Egypt Bus market is accounted for to register a CAGR of 4.67% during the forecast period and is estimated to reach USD 1,151.5 million by 2032.


The urban landscapes of the Middle East are undergoing a profound transformation, characterized by burgeoning populations and relentless urbanization, resulting in megacities grappling with congestion and traffic challenges. In this evolving scenario, city buses are emerging as unexpected heroes, offering a promising solution to alleviate gridlock and ensure sustainable mobility in the Kingdom of Saudi Arabia (KSA), the United Arab Emirates (UAE), and Egypt. Each country is navigating its unique set of challenges and opportunities, exemplified by ambitious initiatives and innovative trends shaping the future of urban transportation.


A notable transformation is underway across the Middle East's bustling urban centers as a growing number of commuters are opting for buses over private cars, propelled by a surge in fuel prices. Over the past five years, the escalating costs of gasoline and diesel in Egypt, KSA, and Saudi Arabia have made private car ownership financially burdensome for a significant segment of the population. This shift is evident in Egypt, where a substantial increase in the percentage of households unable to afford a car has been noted. Faced with this economic pressure, an increasing number of individuals are turning to public transport as a more economical and accessible alternative.


This trend is most evident in the surge in demand for bus services in these countries. Cairo's public bus network has experienced a remarkable 25% increase in ridership since 2018, prompting the Greater Cairo Public Transport Authority to expand its fleet and introduce new routes. Similarly, in KSA, both the Public Transport Development Company and the Public Transport Authority have reported significant upticks in bus ridership, leading to substantial investments in fleet modernization, infrastructure enhancement, and the introduction of innovative solutions such as smart ticketing systems and mobile app-based tracking.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of KSA, UAE, Egypt Bus Market


Segment Analysis


The KSA, UAE, Egypt Bus market has been segmented based on offering, Type, Propulsion, Application, and End User.


Based on type, the market is segmented into Below Single Deck Bus, Coach / Motor Coach, School Bus, Low-Floor Bus, Minibus, Double Decker Bus, and Other Types. The Single Deck Bus segment was attributed to holding the largest market share in 2022 with a market share of ~26.0% revenue as estimated by MRFR analysts.


Based on propulsion, the KSA, UAE, Egypt Bus market has been segmented into Diesel, PHEV, BEV, FCEV, Electric, and Alternative Fuel. The diesel segment was expected to hold the largest market share in 2022.


Based on the application, the market is segmented into Airport Shuttles, Intercity Travel, Intracity Transportation, Other Transportation, and School Transportation. The Intracity Transportation segment is projected to have the largest market share during the forecast period.


Based on the end user, the market is segmented into Other End-Use, Private Bus Operators, Public Transport Authorities, and Schools and Universities. The Private Bus Operators segment is projected to have the largest market share during the forecast period.


Country Analysis


The KSA, UAE, Egypt Bus market, based on country, has been divided into Egypt, KSA, and UAE. North America consists of US, Canada, and Mexico.


The bus market in the Kingdom of Saudi Arabia (KSA), the United Arab Emirates (UAE), and Egypt unfolds with distinctive characteristics across these nations in the region. In Egypt, the bus market demonstrates gradual yet consistent growth, reflecting Egypt's sustained commitment to enhancing and expanding its bus transportation infrastructure.


In the Kingdom of Saudi Arabia (KSA), the bus market anticipates substantial development, showcasing a robust CAGR. With the market value projected to increase from 2023 to 2032, this growth underscores KSA's dedication to advancing its public transportation systems and meeting the evolving demands of its population.


The United Arab Emirates (UAE) stands out with remarkable growth in its bus market, featuring a noteworthy growth underscores the UAE's proactive measures to modernize and enhance its public transportation networks, aligning with the nation's commitment to sustainable and efficient mobility solutions.


Key Findings of the Study



  • The KSA, UAE, Egypt Bus market is expected to reach USD 1,151.5  million by 2032, at a CAGR of 4.67% during the forecast period.

  • The KSA country accounted for the fastest-growing global market, as it has the region’s large manufacturing and logistics industries.

  • Based on type, the Single Deck Bus segment was attributed to holding the largest market in 2022, with an approximate market share of 26.0%.

  • Key players of the market, include Mercedes-Benz Buses, MAN SE, Yutong Group Co., Ltd., Volvo Buses, Scania AB, Ashok Leyland, Zhongtong Bus Holding Co., Ltd., Higer Bus Co., Ltd., and Iveco Bus.

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Pages 128
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