Midibus Market

Industry Overview

The Global Midibus Market is forecast to grow at a CAGR of 5.5% between 2025 and 2030. The growth of this market is attributed to the increasing population, rapid urbanization along with increasing expenditure attributed to the upgradation of public transport vehicles. With the increasing trend of the sharing economy, people have started using more public transport that provides that significant cost efficiencies and convenience of traveling. Moreover, the 10-meter size of buses is gaining significant popularity as not being huge or too small and this effectively serves the needs of an individual to travel conveniently whether intercity or intracity.

A midibus is a category of single-decker minibus that are generally larger than a traditional minibus on the other hand smaller than a full-size single decker that could be around 8 metres to 11 metres long. The midibuses are most commonly utilized in the U.K. where people find it a cost-effective method and have a significant number of seats in comparison to that of full-size single-decker buses. Midibuses are designed in a manner so that they are lightweight and help in saving diesel fuels thereby making them not as resilient in comparison to that of full-size buses.

Midibus Market Segmentation

Insight by Propulsion

Based upon propulsion, the global midibus market is subdivided into electric, gasoline, natural gas, diesel, and hybrid. Amongst all these segments, the electric bus segment is expected to witness the highest CAGR during the forecast period as almost all countries in the world are using buses backed by natural gas thereby creating ample pollution and causing damage to the environment.

Insight by End User

Based on end users, the global midibus market is subdivided into intracity, intercity, and others. Amongst these segments, the intercity segment is expected to witness the highest CAGR during the forecast period owing to the use of midibus excessively being used for shorter distances specifically in the Asia-Pacific in countries such as China and India.

Global Midibus Market Report Coverage

Industry Dynamics

Midibus Market Growth Drivers

Increasing emphasis by government authorities towards the upgradation of transport infrastructure, along with the extensive need for conserving the environment and reducing pollution are the key factors driving the growth of the global midibus market. The developed nations are emphasizing using a low-carbon economy that will not hurt the environment significantly. Moreover, the enhancement of the transportation systems in the EU emphasizes making transport in the region cleaner, sustainable, and energy-efficient. Additionally, midibuses comprise long first gear that eliminates the need for using a second and also provides a comfortable ride to the passengers. These buses comprise of a topology-dependent gear that helps the driver in matching the transmission power in various driving conditions.

Midibus Market Challenges

However, the lack of control centers and command that leads to high traffic congestion in metropolitan areas leads people to adopt other modes of public transport such as mass rapid transit such as the metro or subway, and is the key factor anticipated to hamper the growth of global midibus market shortly.

Midibus Market Geographic Overview

Geographically, Europe was the largest midibus market in 2020. The initiative undertaken in Europe related to the clean bus deployment initiative was launched in 2017 by bus manufacturers, consigners, stakeholders, and public transport organizations from various cities across Europe which has massively accentuated the growth of the midibus market in this region.

Moreover, Asia-Pacific is anticipated to witness the highest CAGR during the forecast period owing to increasing demand for midibuses observed from public and private schools in this region. The increasing population in the region is leading to increasing demand for schools in emerging economies such as Thailand, China, Indonesia, and India that is increasing demand for midibus in the region. Furthermore, it has been observed that few routes in Hong Kong are served exclusively by midibus due to twisting roads and are thereby ensuring increased flexibility and running of traffic.

Midibus Market Competitive Insight

Key players operating in the global midibus market are emphasizing their efforts upon strategic acquisitions in order to strengthen capabilities of research & development that support them in providing innovative solutions to the users and thus gain competitive advantage.

Yangzhou Asiastar Bus Co., Ltd is a bus manufacturer based in Yangzhou, Jiangsu, China. It is a subsidiary of Jiangsu Yaxing. The company's brands include Yaxing, Yangtse, Eurise and AsiaStar. 

Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. Toyota is the largest automobile manufacturer in the world, producing about 10 million vehicles per year.

Some of the major players operating in the global midibus market are Yangzhou Yaxing Motor Coach Co., Toyota Motor Corporation, Daimler AG, China South Industries Group Corporation, Ashok Leyland Ltd., Isuzu Motors Ltd., BYD Auto Co. Ltd., Hino Motors Ltd., Groupe Renault, and AB Volvo.

Recent Developments by Key Players

Ashok Leyland has inaugurated a new dealership for Light Commercial Vehicles (LCVs) in Tinsukia, Assam. This is the company’s fourth LCV Dealership in the state of Assam. The new channel partner Bharat Motors has a 3S (Sales, Service, and Spares) facility which is equipped with quick service bays, advanced tools and having sophisticated infrastructure to ensure superior customer experience.

BYD Co Ltd (China) shall set up a new electric vehicle (EV) factory in Mexico, as the EV maker aims to establish an export hub to the United States.

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data, and have key opinions from industry experts. The key profiles approached within the industry include, CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end user surveys comprising consumers are also conducted to understand consumer behavior.

The Midibus Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

• Propulsion
  • Electric
  • Gasoline
  • Natural Gas
  • Diesel
  • Hybrid
• End User
  • Intracity
  • Intercity
  • Others

Geographical Segmentation

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Research

Source: VynZ Research

1.    Research Overview 

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Propulsion
                1.2.2.    By End User
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Research Methodology
                1.5.1.    Data Sources
                        1.5.1.1.    Primary Research
                        1.5.1.2.    Secondary Research
                1.5.2.    Methodology
                        1.5.2.1.    Data Exploration
                        1.5.2.2.    Forecast Parameters
                        1.5.2.3.    Data Validation
                        1.5.2.4.    Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By Propulsion
                5.1.1.    Electric
                        5.1.1.1.    Market Definition
                        5.1.1.2.    Market Estimation and Forecast to 2030
                5.1.2.    Gasoline
                        5.1.2.1.    Market Definition
                        5.1.2.2.    Market Estimation and Forecast to 2030
                5.1.3.    Natural Gas
                        5.1.3.1.    Market Definition
                        5.1.3.2.    Market Estimation and Forecast to 2030
                5.1.4.    Diesel 
                        5.1.4.1.    Market Definition
                        5.1.4.2.    Market Estimation and Forecast to 2030
                5.1.5.    Hybrid
                        5.1.5.1.    Market Definition
                        5.1.5.2.    Market Estimation and Forecast to 2030
        5.2.    By End User
                5.2.1.    Intracity
                        5.2.1.1.    Market Definition
                        5.2.1.2.    Market Estimation and Forecast to 2030
                5.2.2.    Intercity
                        5.2.2.1.    Market Definition
                        5.2.2.2.    Market Estimation and Forecast to 2030
                5.2.3.    Others
                        5.2.3.1.    Market Definition
                        5.2.3.2.    Market Estimation and Forecast to 2030

6.    North America Market Estimate and Forecast

        6.1.    By Propulsion
        6.2.    By End User
        6.3.    By Country
                6.3.1.    U.S. Market Estimate and Forecast
                6.3.2.    Canada Market Estimate and Forecast
                6.3.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast  

     7.1.    By Propulsion
        7.2.    By End User
        7.3.    By Country
                7.3.1.    Germany Market Estimate and Forecast
                7.3.2.    France Market Estimate and Forecast
                7.3.3.    U.K. Market Estimate and Forecast
                7.3.4.    Italy Market Estimate and Forecast
                7.3.5.    Spain Market Estimate and Forecast
                7.3.6.    The Netherlands Market Estimate and Forecast
                7.3.7.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Propulsion
        8.2.    By End User
        8.3.    By Country 
                8.3.1.    China Market Estimate and Forecast
                8.3.2.    Japan Market Estimate and Forecast
                8.3.3.    India Market Estimate and Forecast
                8.3.4.    South Korea Market Estimate and Forecast
                8.3.5.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Propulsion
        9.2.    By End User
        9.3.    By Country
                9.3.1.    Brazil Market Estimate and Forecast
                9.3.2.    Saudi Arabia Market Estimate and Forecast
                9.3.3.    South Africa Market Estimate and Forecast
                9.3.4.    U.A.E. Market Estimate and Forecast
                9.3.5.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    Yangzhou Yaxing Motor Coach Co.
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Toyota Motor Corporation
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Daimler AG
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    China South Industries Group Corporation
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Ashok Leyland Ltd.
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Isuzu Motors Ltd.
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    BYD Auto Co. Ltd.
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    Hino Motors Ltd.
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    Groupe Renault 
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.    AB Volvo
                10.10.1.    Snapshot
                10.10.2.    Overview
                10.10.3.    Offerings
                10.10.4.    Financial Insight
                10.10.5.    Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Midibus Market Size, by Propulsion, 2018 – 2023  (Thousand Units)
Table 5 Global Midibus Market Size, by Propulsion, 2025 - 2030  (Thousand Units)
Table 6 Global Midibus Market Size, by End User, 2018 – 2023  (Thousand Units)
Table 7 Global Midibus Market Size, by End User, 2025 - 2030  (Thousand Units)
Table 8 Global Midibus Market Size, by Region, 2018 – 2023  (Thousand Units)
Table 9 Global Midibus Market Size, by Region, 2025 - 2030  (Thousand Units)
Table 10 North America Midibus Market Size, by Propulsion, 2018 – 2023  (Thousand Units)
Table 11 North America Midibus Market Size, by Propulsion, 2025 - 2030  (Thousand Units)
Table 12 North America Midibus Market Size, by End User, 2018 – 2023  (Thousand Units)
Table 13 North America Midibus Market Size, by End User, 2025 - 2030  (Thousand Units)
Table 14 North America Midibus Market Size, by Country, 2018 – 2023  (Thousand Units)
Table 15 North America Midibus Market Size, by Country, 2025 - 2030  (Thousand Units)
Table 16 Europe Midibus Market Size, by Propulsion, 2018 – 2023  (Thousand Units)
Table 17 Europe Midibus Market Size, by Propulsion, 2025 - 2030  (Thousand Units)
Table 18 Europe Midibus Market Size, by End User, 2018 – 2023  (Thousand Units)
Table 19 Europe Midibus Market Size, by End User, 2025 - 2030  (Thousand Units)
Table 20 Europe Midibus Market Size, by Country, 2018 – 2023  (Thousand Units)
Table 21 Europe Midibus Market Size, by Country, 2025 - 2030  (Thousand Units)
Table 22 Asia-Pacific Midibus Market Size, by Propulsion, 2018 – 2023  (Thousand Units)
Table 23 Asia-Pacific Midibus Market Size, by Propulsion, 2025 - 2030  (Thousand Units)
Table 24 Asia-Pacific Midibus Market Size, by End User, 2018 – 2023  (Thousand Units)
Table 25 Asia-Pacific Midibus Market Size, by End User, 2025 - 2030  (Thousand Units)
Table 26 Asia-Pacific Midibus Market Size, by Country, 2018 – 2023  (Thousand Units)
Table 27 Asia-Pacific Midibus Market Size, by Country, 2025 - 2030  (Thousand Units)
Table 28 RoW Midibus Market Size, by Propulsion, 2018 – 2023  (Thousand Units)
Table 29 RoW Midibus Market Size, by Propulsion, 2025 - 2030  (Thousand Units)
Table 30 RoW Midibus Market Size, by End User, 2018 – 2023  (Thousand Units)
Table 31 RoW Midibus Market Size, by End User, 2025 - 2030  (Thousand Units)
Table 32 RoW Midibus Market Size, by Country, 2018 – 2023  (Thousand Units)
Table 33 RoW Midibus Market Size, by Country, 2025 - 2030  (Thousand Units)
Table 34 Snapshot – Yangzhou Yaxing Motor Coach Co.
Table 35 Snapshot – Toyota Motor Corporation
Table 36 Snapshot – Daimler AG
Table 37 Snapshot – China South Industries Group Corporation
Table 38 Snapshot – Ashok Leyland Ltd.
Table 39 Snapshot – Isuzu Motors Ltd.
Table 40 Snapshot – BYD Auto Co. Ltd.
Table 41 Snapshot – Hino Motors Ltd.
Table 42 Snapshot – Groupe Renault
Table 43 Snapshot – AB Volvo

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7  Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Midibus Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Midibus Market Highlight
Figure 12 Global Midibus Market Size, by Propulsion, 2018 - 2030  (Thousand Units)
Figure 13 Global Midibus Market Size, by End User, 2018 - 2030  (Thousand Units)
Figure 14 Global Midibus Market Size, by Region, 2018 - 2030  (Thousand Units)
Figure 15 North America Midibus Market Highlight
Figure 16 North America Midibus Market Size, by Propulsion, 2018 - 2030  (Thousand Units)
Figure 17 North America Midibus Market Size, by End User, 2018 - 2030  (Thousand Units)
Figure 18 North America Midibus Market Size, by Country, 2018 - 2030  (Thousand Units)
Figure 19 Europe Midibus Market Highlight
Figure 20 Europe Midibus Market Size, by Propulsion, 2018 - 2030  (Thousand Units)
Figure 21 Europe Midibus Market Size, by End User, 2018 - 2030  (Thousand Units)
Figure 22 Europe Midibus Market Size, by Country, 2018 - 2030  (Thousand Units)
Figure 23 Asia-Pacific Midibus Market Highlight
Figure 24 Asia-Pacific Midibus Market Size, by Propulsion, 2018 - 2030  (Thousand Units)
Figure 25 Asia-Pacific Midibu