KSA, UAE, Egypt Bus Market Overview
KSA, UAE, Egypt Bus Market Size was valued at USD 730.9 million in 2022. The KSA, UAE, Egypt Bus market industry is projected to grow from USD 763.5 Million in 2023 to USD 1,151.5 million by 2032, exhibiting a compound annual growth rate (CAGR) of 4.67% during the forecast period (2023 - 2032). Growing population coupled with rapid urbanization propelling the demand for the use of city buses to reduce congestion and Increasing fuel prices are making private car ownership less attractive, leading people to shift towards public transportation, including bus are the key market drivers boosting the growth of the KSA, UAE, Egypt Bus market.
As per Analyst at MRFR, “The Bus industry has seen growth due to several factors in recent years, fueled by government initiatives, population growth, and urbanization, the demand for bus transportation is expected to surge in the coming years.”.
Figure 1: Ksa, Uae, Egypt Bus Market Size 2019-2032 (Usd Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
KSA, UAE, Egypt Bus Market Trends
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Rising electric bus adoption is expected to open lucrative opportunities for the market.
The adoption of electric buses in key Middle Eastern countries, such as Saudi Arabia (KSA), Egypt, and the United Arab Emirates (UAE), presents a transformative shift with a multitude of advantages. One prominent benefit is the substantially lower operating costs associated with electric buses. This stems from the reduced expenses related to electricity, particularly advantageous in oil-producing countries like KSA, coupled with the inherently lower maintenance requirements of electric vehicles. Government incentives and subsidies further sweeten the deal for bus operators, contributing to a significant financial advantage over traditional diesel buses. Beyond the economic considerations, the environmental impact is noteworthy. Electric buses contribute to improved air quality and align with the sustainability goals of these nations, enhancing public health in major cities.
Operating electric buses also carries a strategic advantage by fostering an enhanced public image for public transport authorities. The commitment to environmental responsibility can attract a more environmentally conscious ridership, positively influencing the perception of public transportation. From a business perspective, the shift towards electric buses opens lucrative opportunities for various stakeholders. Electric bus manufacturers can capitalize on the growing demand, as KSA, Egypt, and the UAE emerge as potentially substantial markets. Simultaneously, the need for a robust charging infrastructure creates opportunities for companies investing in charging stations and grid upgrades. Technology providers specializing in battery technology and energy management systems find a receptive market in the region's transition to electric buses.
KSA, UAE, Egypt Bus Market offerings Segment Insights:
KSA, UAE, Egypt Bus Type Insights
Based on type, the KSA, UAE, Egypt Bus market segmentation includes Single Deck Bus, Coach / Motor Coach, School Bus, Low-Floor Bus, Minibus, Double Decker Bus, and Other Types. Single Deck Bus held the majority share in 2022, contributing around ~26.0% to the market revenue. The single deck bus segment has experienced robust and consistent growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.71% from 2018 to 2023, with the market size anticipated to reach 2819 units in 2023. Looking ahead to 2032, the projected CAGR of 4.71% suggests a sustained demand.
Figure 2: Ksa, Uae, Egypt Bus Market, By Type, 2022 Vs 2032 (Usd Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
KSA, UAE, Egypt Bus Propulsion Insights
Based on Propulsion, the KSA, UAE, Egypt Bus market segmentation includes Diesel, Electric and Alternative Fuel. Diesel held the majority share in 2022. contributing around ~96.43% to the market revenue. Diesel-powered buses emerge as the dominant force in the market, this signifies a steady and moderately growing preference for diesel propulsion, underscored by its reliability and well-established infrastructure.
KSA, UAE, Egypt Bus Application Insights
Based on application, the KSA, UAE, Egypt Bus market segmentation includes Airport Shuttles, Intercity Travel, Intracity Transportation, Other Transportation, and School Transportation. The Intercity Travel held the majority share in 2022. The growth in this segment underscores an increasing focus on improving connectivity between urban centres, driven by a rising demand for intercity travel and concurrent government initiatives aimed at enhancing transportation infrastructure.
KSA, UAE, Egypt Bus End User Insights
Based on End User, the KSA, UAE, Egypt Bus market segmentation includes Private Bus Operators, Public Transport Authorities, Schools, and Universities, and Other End-Use. The Private Bus Operators held the majority share in 2022. Private bus operators are positioned for robust growth, expanding significance of private bus operators in meeting the evolving transportation needs of the region.
KSA, UAE, Egypt Bus Country Insights
KSA, UAE, Egypt Bus Country Insights
The Kingdom of Saudi Arabia (KSA) bus market is a rapidly growing sector with immense potential. Driven by government initiatives, population growth, and urbanization, the demand for bus transportation is expected to surge in the coming years. Government Support: Saudi Vision 2030 prioritizes developing a robust public transportation system, including expanding bus networks, and promoting their use. This translates to financial backing for infrastructure development, fleet modernization, and policy initiatives favouring bus operators. Further, implementing smart ticketing systems, real-time bus tracking apps, and passenger information displays can enhance convenience, efficiency, and ridership satisfaction.
Figure 3: Ksa, Uae, Egypt Bus Market Size By Region 2022 Vs 2032 (Usd Million)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The UAE government heavily invests in infrastructure development, including public transportation networks. This translates to dedicated bus lanes, improved quality of service, and increased funding, boosting the bus market. Expansion of public-private partnerships (PPPs): Collaborations between government and private companies can accelerate infrastructure development, fleet modernization, and service expansion, boosting the bus market.
Egypt boasts a population exceeding 100 million, with high urbanization rates, particularly in Cairo and Alexandria. This translates to a vast potential passenger base for bus services. Technology adoption: Integrating advanced technologies like real-time tracking, ticketing systems, and intelligent traffic management can significantly improve service efficiency, passenger experience, and operational transparency.
KSA, UAE, Egypt Bus Key Market Players & Competitive Insights
With a strong presence across different verticals and geographies, the KSA, UAE, Egypt Bus market is highly competitive and dominated by established, pure-play vendors. The vendors cater to this market, and they continually innovate their solutions to meet the evolving needs of businesses by adopting new technologies. These vendors have a robust geographic footprint and partner ecosystem to cater to diverse customer segments. The KSA, UAE, Egypt Bus market is highly competitive, with many vendors offering similar products and services.
The major players in 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 Industries Corporation constantly takes on new challenges to ensure the stability of its management foundation by extending its reach into business fields such as engine production, vehicle assembly, and the development and production of lift trucks and car air-conditioning compressors. It concentrates on broadening its product offerings to reach new audiences in the global market.
The KSA, UAE, Egypt Bus market is consolidated, increasing competition, acquisitions, mergers, and other strategic market developments and decisions to improve operational effectiveness.
Key Companies in the KSA, UAE, Egypt Bus 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.
- Iveco Bus
KSA, UAE, Egypt Bus Market Segmentation:
KSA, UAE, Egypt Bus Type Outlook
- Single Deck Bus
- Coach / Motor Coach
- School Bus
- Low-Floor Bus
- Minibus
- Double Decker Bus
- Other Types
KSA, UAE, Egypt Bus Propulsion Outlook
- Diesel
- PHEV
- BEV
- FCEV
- Electric
- Alternative Fuel
KSA, UAE, Egypt Bus Application Outlook
- Airport Shuttles
- Intercity Travel
- Intracity Transportation
- Other Transportation
- School Transportation
KSA, UAE, Egypt Bus End User Outlook
- Private Bus Operators
- Public Transport Authorities
- Schools And Universities
- Other End-Use
KSA, UAE, Egypt Bus Country Outlook
Report Attribute/Metric |
Details |
Market Size 2022 |
USD Â Â Â 730.9 million |
Market Size 2023 |
USD Â Â Â 763.5 Â million |
Market Size 2032 |
USD Â Â 1,151.5 million |
Compound Annual Growth Rate (CAGR) |
4.67% (2023-2032) |
Base Year |
2022 |
Market Forecast Period |
2023-2032 |
Historical Data |
2019- 2022 |
Market Forecast Units |
Value (USD Million) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Propulsion, Application, End user and county |
Geographies Covered |
Egypt, KSA, and UAE |
Key Companies Profiled |
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 |
Key Market Opportunities |
Rising electric bus adoption is expected to open lucrative opportunities for the market |
Key Market Dynamics |
Growing population coupled with rapid urbanization propelling the demand for the use of city buses to reduce congestion.    Increasing fuel prices are making private car ownership less attractive, leading people to shift towards public transportation, including bus |
Frequently Asked Questions (FAQ) :
The KSA, UAE, Egypt Bus market size is expected to be valued at USD 730.9 Million in 2022.
The global market is projected to grow at a CAGR of 4.67% % during the forecast period, 2023-2032.
KSA had the largest share of the market.
The key players in the 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
Single Deck Bus dominated the market in 2022.