Europe Minibus Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032
Market Report I 2024-09-10 I 150 Pages I Global Market Insights
Europe Minibus Market was expanded to USD 515.7 million in 2023 and is expected to achieve a CAGR of over 4.5% from 2024 to 2032, spurred by rising demand for public transportation and a shift towards eco-friendly vehicles. As urban populations grow, there is an increasing need for efficient public transport solutions to alleviate congestion and improve mobility. Minibuses offer a practical option for short-distance travel, accommodating small to medium-sized groups. Also, the emphasis on sustainability is pushing operators to adopt eco-friendly minibusses, including electric and hybrid models. This combination of factors positions the market for substantial growth in the coming years.
The Europe minibus industry is segregated based on seating capacity, propulsion, application, and region.
The below 10 seats segment captured a 50% share in 2023 due to its versatility and suitability for various applications. This segment is particularly popular for small-group transport, including airport shuttles, corporate travel, and local tours. The compact size allows for easier maneuverability in urban settings and enhanced fuel efficiency. Besides, as businesses and organizations prioritize cost-effective transportation solutions, the demand for minibusses with fewer than 10 seats continues to rise, solidifying its dominant position in the market.
The school segment will register a 3% CAGR from 2024 to 2032, driven by the increasing need for safe and reliable transportation for students. Minibuses are ideal for transporting small groups, making them a popular choice for schools and educational institutions. As safety regulations tighten and the demand for organized student transport grows, schools are increasingly investing in minibusses. Additionally, the versatility of minibusses allows for flexible routing and efficient transportation solutions, further solidifying their dominance in the market.
Germany minibus market established USD 72.3 million in 2023, fueled by its robust transportation infrastructure and high demand for efficient public transport solutions. The country's focus on eco-friendly initiatives and sustainable mobility encourages the adoption of minibusses, particularly those utilizing alternative fuels. Furthermore, Germany's strong automotive industry supports the production and innovation of minibus models. As urbanization continues to rise and tourism expands, Germany will emerge as a significant contributor to the growth of the Europe minibus industry.
Report Content
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Base estimates & calculations
1.3.1 Base year calculation
1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
1.5.1 Primary sources
1.5.2 Data mining sources
Chapter 2 Executive Summary
2.1 Industry 360synopsis, 2021 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Raw material supplier
3.2.2 Component supplier
3.2.3 Technology provider
3.2.4 Manufacturers
3.2.5 Distributors
3.2.6 End user
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news & initiatives
3.7 Regulatory landscape
3.8 Impact forces
3.8.1 Growth drivers
3.8.1.1 Increased demand for public transportation
3.8.1.2 Shift toward cleaner transportation across Europe
3.8.1.3 Rising technological advancements such as improved safety features, better connectivity, and autonomous driving technology
3.8.1.4 Growing tourism and leisure activities
3.8.2 Industry pitfalls & challenges
3.8.2.1 High upfront cost of electric and hybrid models
3.8.2.2 Intense market competition
3.9 Growth potential analysis
3.10 Porter's analysis
3.10.1 Supplier power
3.10.2 Buyer power
3.10.3 Threat of new entrants
3.10.4 Threat of substitutes
3.10.5 Industry rivalry
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Seating Capacity, 2021 - 2032 ($Bn, Units)
5.1 Key trends
5.2 Below 10 seats
5.3 10 - 20 seats
5.4 Above 20 seats
Chapter 6 Market Estimates & Forecast, By Propulsion, 2021 - 2032 ($Bn, Units)
6.1 Key trends
6.2 ICE
6.2.1 Below 10 seats
6.2.2 10 - 20 seats
6.2.3 Above 20 seats
6.3 Electric
6.3.1 Below 10 seats
6.3.2 10 - 20 seats
6.3.3 Above 20 seats
6.4 Hybrid
6.4.1 Below 10 seats
6.4.2 10 - 20 seats
6.4.3 Above 20 seats
Chapter 7 Market Estimates & Forecast, By Application, 2021 - 2032 ($Bn, Units)
7.1 Key trends
7.2 School
7.3 Tourism
7.4 Public transport
7.5 Others
Chapter 8 Market Estimates & Forecast, By Region, 2021 - 2032 ($Bn, Units)
8.1 Key trends
8.2 Europe
8.2.1 UK
8.2.2 Germany
8.2.3 France
8.2.4 Italy
8.2.5 Spain
8.2.6 Austria
8.2.7 Nordics
8.2.8 Netherlands
8.2.9 Belgium
8.2.10 Poland
8.2.11 Hungary
8.2.12 Rest of Europe
Chapter 9 Company Profiles
9.1 Fiat Chrysler Automobiles
9.2 Ford Motor Company
9.3 Indcar
9.4 Irizar Group
9.5 Iveco S.p.A.
9.6 MAN SE
9.7 Mercedes Benz Group
9.8 Opel Automobile GmbH
9.9 Peugeot S.A.
9.10 Renault SA
9.11 Scania AB
9.12 Setra GmbH & Co. KG
9.13 Solaris Bus S.A.
9.14 Toyota Motor Corporation
9.15 Van Hool NV
9.16 VDL Groep
9.17 Volkswagen AG
9.18 Volvo Group
9.19 Xiamen King Long United Automotive Industrial Co., Ltd.
9.20 Zhengzhou Yutong Bus Co., Ltd
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.