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Blue Bird Corp BLBD

Blue Bird Corporation is an independent designer and manufacturer of school buses. The Company is focused on designing, engineering and manufacturing electric and low-emission school buses with more than 20,000 propane, natural gas, and electric-powered buses in operation. The Company operates through two segments: Bus segment and Parts segment. The Bus segment includes the manufacturing and assembly of buses to be sold to a variety of customers across the United States, Canada and in certain limited international markets. The Parts segment consists of the purchase of parts from third parties to be sold to dealers within the Company’s network and certain large fleet customers. It also provides alternative powered product offerings with its propane-powered, gasoline-powered, compressed natural gas (CNG)-powered, and all-electric-powered school buses. It sells its buses and parts through a network of United States and Canadian dealers.

NDAQ:BLBD - Post by User

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  • georgepoter61X
Post by georgepoter61on Aug 24, 2022 6:42am
Post# 34916252

Electric School Bus Market Share, Size and Growth 2022-2027

Electric School Bus Market Share, Size and Growth 2022-2027
The latest research study “Global Electric School Bus Market Share, Trends, Industry Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global electric school bus market reached a value of US$ XX Million in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Industry Definition and Application:

An electric school bus is an electric vehicle (EV) that runs on electric power as opposed to conventional school buses, which run on diesel, propane, gasoline, compressed natural gas (CNG), etc. It helps save money on operating costs, creates new jobs in green manufacturing, provides valuable storage for renewable energy through vehicle-to-grid (V2G) technologies, etc. As such, electric buses are widely used by schools to sell excess electricity to utility providers and generate additional revenue.

Global Electric School Bus Market Trends and Drivers: 

The escalating fuel prices and traffic congestion levels across the globe are among the key factors driving the electric school bus market. In addition to this, these buses help connect socially excluded students who are living in far-flung areas with urban educational facilities. This, in turn, is further catalyzing the market growth. Moreover, as they are operated by professional drivers, buses usually have a lower accident rate when compared to other vehicles, which is also positively influencing the global market.

Besides this, the introduction of smart traffic lights (STL) management systems in order to reduce road congestion is acting as another growth-inducing factor. In line with this, the launch of favorable policies by government bodies aimed at propelling the adoption of electric buses to reduce the emissions of greenhouse (GHGs) gases is also stimulating the market growth. Furthermore, the elevating popularity of concessionary travel bus passes and the rising usage of Big Data solutions to optimize routes, vehicle dispatch times, schedules, etc., are expected to bolster the electric school bus market in the coming years.

Global Electric School Bus Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Beiqi Foton Motor Co. Ltd. (Beijing Automotive Group Co. Ltd.), Blue Bird Corporation, BYD Company Ltd., Collins Bus Corporation (REV Group Inc.), Dominion Energy Inc., Mercedes-Benz Group AG, Navistar International Corporation (Traton Group) and The Lion Electric Company.

The report has segmented the market on the basis of region, type, capacity design type, sales channel and application.

Breakup by Type:
  • Battery Electric School Bus
  • Hybrid School Bus

Breakup by Capacity Design Type:
  • Type A
  • Type C
  • Type D

Breakup by Sales Channel:
  • Direct Sales
  • Distributor

Breakup by Application:
  • Preschool Education
  • Primary School
  • Others

Breakup by Region:
  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure:

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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