Thailand Bus Market (2025-2031) Outlook | Industry, Revenue, Growth, Companies, Forecast, Analysis, Trends, Value, Share & Size

Name: Thailand Bus Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Bus Market, Thailand Bus Market, Thailand Bus Market Revenues, Thailand Bus Market Share, Thailand Bus Market Size, Thailand Bus Market Outlook, Thailand Bus Market Report, Thailand Bus Market Competition, Thailand Bus Market Overview, Thailand Bus Market Trends, Thailand Bus Market Forecast

Market Forecast By Type (Single Deck, Double Deck), By Application (Transit, Coaches, Others), By Fuel Type (Diesel, Electric and Hybrid, Others), By Seat Capacity (15-30 Seats, 31-50 Seats, More than 50 Seats) And Competitive Landscape

Product Code: ETC361105	Publication Date: Aug 2022	Updated Date: Feb 2025	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Thailand Bus Market Synopsis

The bus market in Thailand is an essential segment of the country`s transportation industry. Buses are crucial for public transportation, tourism, and industrial purposes. Thailand expanding tourism sector and urbanization have fueled the demand for buses of various types, including city buses, coaches, and minibusses. Domestic manufacturers and international companies compete in this market to provide efficient and environmentally friendly transport solutions.

Drivers of the Market

The Thailand bus market experiences growth primarily driven by urbanization and expanding public transportation networks. As cities grow and traffic congestion worsens, the demand for efficient and environmentally friendly bus systems increases. Government investments in mass transit projects and a shift towards sustainable mobility options contribute to the market`s expansion. Furthermore, the tourism industry relies heavily on buses for transportation, making it a significant driver of the market.

Challenges of the Market

The Thailand bus market confronts challenges related to transportation policies and economic conditions. Government regulations and incentives for public transportation can impact demand, and market players must adapt to evolving emission standards and fuel efficiency requirements. The market is also influenced by global economic conditions, as it relies on international supply chains for components like engines and chassis. Maintaining and upgrading the aging bus fleet is a significant challenge for public and private operators alike.

COVID-19 Impact on the Market

The Thailand bus market faced substantial challenges during the COVID-19 pandemic. Public transportation services were severely affected as people avoided crowded spaces, leading to decreased demand for new buses. Public and private bus operators faced financial hardships due to reduced ridership and increased operational costs related to safety measures. Government stimulus packages and initiatives to revitalize public transportation systems have been critical in supporting the industry`s recovery. The market`s future hinges on continued government support, the development of eco-friendly buses, and the restoration of public confidence in public transportation.

Key Players in the Market

Thailand bus market is competitive, with companies like VVG (Thailand) Co., Ltd. and Thonburi Automotive Assembly Plant Co., Ltd. manufacturing a wide range of buses for public transportation and tourism.

Key Highlights of the Report:

Thailand Bus Market Outlook
Market Size of Thailand Bus Market, 2024
Forecast of Thailand Bus Market, 2031
Historical Data and Forecast of Thailand Bus Revenues & Volume for the Period 2021-2031
Thailand Bus Market Trend Evolution
Thailand Bus Market Drivers and Challenges
Thailand Bus Price Trends
Thailand Bus Porter's Five Forces
Thailand Bus Industry Life Cycle
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Single Deck for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Double Deck for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Transit for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Coaches for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Fuel Type for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Diesel for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Electric and Hybrid for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By Seat Capacity for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By 15-30 Seats for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By 31-50 Seats for the Period 2021-2031
Historical Data and Forecast of Thailand Bus Market Revenues & Volume By More than 50 Seats for the Period 2021-2031
Thailand Bus Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Fuel Type
Market Opportunity Assessment By Seat Capacity
Thailand Bus Top Companies Market Share
Thailand Bus Competitive Benchmarking By Technical and Operational Parameters
Thailand Bus Company Profiles
Thailand Bus Key Strategic Recommendations