Coach Bus Market to Witness Robust Growth Driven by Rising Urbanization and Tourism Demand
The global Coach Bus Market is projected to reach approximately USD 42 billion by 2030, growing at a CAGR of around 5.5% from 2024 to 2030. The market size in 2023 was estimated at USD 29.5 billion, reflecting steady demand across intercity, tourism, and corporate travel segments. Diesel-powered coaches accounted for nearly 65% of total sales, while electric and hybrid buses are expected to grow at double-digit rates, driven by sustainability initiatives and government incentives worldwide.
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