India Buses Market (2025-2031) | Share, Forecast, Industry, Competitive Landscape, Analysis, Growth, Size & Revenue, Companies, Segmentation, Value, Outlook, Trends

Market Forecast By Distribution (Online, Offline) And Competitive Landscape
Product Code: ETC7538866 Publication Date: Sep 2024 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Vasudha No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Buses Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s buses import market in 2024 saw significant contributions from top exporting countries such as Finland, UK, Japan, and Germany. Interestingly, India also featured as one of the key exporters to itself. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained notably high. With a strong compound annual growth rate (CAGR) of 24.36% from 2020 to 2024 and a remarkable growth rate of 67.22% in the year 2023-24 alone, the bus import sector in India appears to be experiencing robust expansion and potential for further development.

India Buses Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • India Buses Market Outlook
  • Market Size of India Buses Market, 2024
  • Forecast of India Buses Market, 2031
  • Historical Data and Forecast of India Buses Revenues & Volume for the Period 2021- 2031
  • India Buses Market Trend Evolution
  • India Buses Market Drivers and Challenges
  • India Buses Price Trends
  • India Buses Porter's Five Forces
  • India Buses Industry Life Cycle
  • Historical Data and Forecast of India Buses Market Revenues & Volume By Distribution for the Period 2021- 2031
  • Historical Data and Forecast of India Buses Market Revenues & Volume By Online for the Period 2021- 2031
  • Historical Data and Forecast of India Buses Market Revenues & Volume By Offline for the Period 2021- 2031
  • India Buses Import Export Trade Statistics
  • Market Opportunity Assessment By Distribution
  • India Buses Top Companies Market Share
  • India Buses Competitive Benchmarking By Technical and Operational Parameters
  • India Buses Company Profiles
  • India Buses Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Buses Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Buses Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Buses Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Buses Market Revenues & Volume, 2021 & 2031F

3.3 India Buses Market - Industry Life Cycle

3.4 India Buses Market - Porter's Five Forces

3.5 India Buses Market Revenues & Volume Share, By Distribution, 2021 & 2031F

4 India Buses Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government initiatives promoting public transportation

4.2.2 Increasing urbanization and congestion in cities

4.2.3 Growing focus on environmental sustainability and reducing emissions

4.3 Market Restraints

4.3.1 Volatile fuel prices affecting operational costs

4.3.2 Infrastructure challenges such as road conditions and traffic congestion

4.3.3 Competition from alternative modes of transportation like ride-sharing services

5 India Buses Market Trends

6 India Buses Market, By Types

6.1 India Buses Market, By Distribution

6.1.1 Overview and Analysis

6.1.2 India Buses Market Revenues & Volume, By Distribution, 2021- 2031F

6.1.3 India Buses Market Revenues & Volume, By Online, 2021- 2031F

6.1.4 India Buses Market Revenues & Volume, By Offline, 2021- 2031F

7 India Buses Market Import-Export Trade Statistics

7.1 India Buses Market Export to Major Countries

7.2 India Buses Market Imports from Major Countries

8 India Buses Market Key Performance Indicators

8.1 Average occupancy rate of buses

8.2 Adoption rate of electric or hybrid buses

8.3 Number of new bus routes or expansions in existing routes

8.4 Average passenger satisfaction rating

8.5 Investment in bus infrastructure and technology upgrades

9 India Buses Market - Opportunity Assessment

9.1 India Buses Market Opportunity Assessment, By Distribution, 2021 & 2031F

10 India Buses Market - Competitive Landscape

10.1 India Buses Market Revenue Share, By Companies, 2024

10.2 India Buses Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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