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

Market Forecast By Buses Type (Diesel, Electric, Hybrid, Others) And Competitive Landscape
Product Code: ETC7555800 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 Transit Buses Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s transit buses import market witnessed significant growth in 2024, with top exporting countries being Finland, UK, Japan, Germany, and even India itself. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained very high, reflecting a competitive landscape dominated by a few key players. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 24.36%, with a notable growth rate of 67.22% from 2023 to 2024, hinting at a robust expansion in the transit buses import sector within India.

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

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

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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 Transit Buses Market Overview

3.1 India Country Macro Economic Indicators

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

3.3 India Transit Buses Market - Industry Life Cycle

3.4 India Transit Buses Market - Porter's Five Forces

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

4 India Transit Buses Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government initiatives promoting public transportation

4.2.2 Increasing urbanization leading to higher demand for transit buses

4.2.3 Rising focus on environmental sustainability and reducing pollution in cities

4.3 Market Restraints

4.3.1 High initial investment costs for transit bus infrastructure

4.3.2 Lack of proper maintenance and infrastructure support

4.3.3 Competition from alternative modes of transportation such as ride-sharing services

5 India Transit Buses Market Trends

6 India Transit Buses Market, By Types

6.1 India Transit Buses Market, By Buses Type

6.1.1 Overview and Analysis

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

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

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

6.1.5 India Transit Buses Market Revenues & Volume, By Hybrid, 2021- 2031F

6.1.6 India Transit Buses Market Revenues & Volume, By Others, 2021- 2031F

7 India Transit Buses Market Import-Export Trade Statistics

7.1 India Transit Buses Market Export to Major Countries

7.2 India Transit Buses Market Imports from Major Countries

8 India Transit Buses Market Key Performance Indicators

8.1 Average passenger load per transit bus

8.2 On-time performance of transit buses

8.3 Utilization rate of transit bus fleet

8.4 Average distance covered per transit bus per day

9 India Transit Buses Market - Opportunity Assessment

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

10 India Transit Buses Market - Competitive Landscape

10.1 India Transit Buses Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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