| Product Code: ETC4926867 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada bus market experienced a negative Compound Annual Growth Rate (CAGR) of -9.10% during 2020-2024. However, there was a significant year-on-year growth rate of 65.08% in 2023-2024, indicating a notable increase in imports during that period.

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 Canada Bus Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Bus Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Bus Market - Industry Life Cycle |
3.4 Canada Bus Market - Porter's Five Forces |
3.5 Canada Bus Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Canada Bus Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Canada Bus Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.8 Canada Bus Market Revenues & Volume Share, By Seat Capacity, 2021 & 2031F |
4 Canada Bus Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly transportation solutions |
4.2.2 Government initiatives promoting public transportation infrastructure |
4.2.3 Growing urbanization leading to higher demand for public transportation services |
4.3 Market Restraints |
4.3.1 High initial costs associated with adopting new bus technologies |
4.3.2 Competition from alternative transportation modes such as ride-sharing services |
4.3.3 Maintenance and operating costs impacting profitability |
5 Canada Bus Market Trends |
6 Canada Bus Market Segmentations |
6.1 Canada Bus Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Bus Market Revenues & Volume, By Single Deck, 2021-2031F |
6.1.3 Canada Bus Market Revenues & Volume, By Double Deck, 2021-2031F |
6.2 Canada Bus Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Bus Market Revenues & Volume, By Transit, 2021-2031F |
6.2.3 Canada Bus Market Revenues & Volume, By Coaches, 2021-2031F |
6.2.4 Canada Bus Market Revenues & Volume, By Others, 2021-2031F |
6.3 Canada Bus Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Canada Bus Market Revenues & Volume, By Diesel, 2021-2031F |
6.3.3 Canada Bus Market Revenues & Volume, By Electric and Hybrid, 2021-2031F |
6.3.4 Canada Bus Market Revenues & Volume, By Others, 2021-2031F |
6.4 Canada Bus Market, By Seat Capacity |
6.4.1 Overview and Analysis |
6.4.2 Canada Bus Market Revenues & Volume, By 15-30 Seats, 2021-2031F |
6.4.3 Canada Bus Market Revenues & Volume, By 31-50 Seats, 2021-2031F |
6.4.4 Canada Bus Market Revenues & Volume, By More than 50 Seats, 2021-2031F |
7 Canada Bus Market Import-Export Trade Statistics |
7.1 Canada Bus Market Export to Major Countries |
7.2 Canada Bus Market Imports from Major Countries |
8 Canada Bus Market Key Performance Indicators |
8.1 Average occupancy rates on buses |
8.2 Number of new bus registrations |
8.3 Percentage of buses using alternative fuels |
8.4 Average age of bus fleet |
8.5 Customer satisfaction ratings for bus services |
9 Canada Bus Market - Opportunity Assessment |
9.1 Canada Bus Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Canada Bus Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Canada Bus Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.4 Canada Bus Market Opportunity Assessment, By Seat Capacity, 2021 & 2031F |
10 Canada Bus Market - Competitive Landscape |
10.1 Canada Bus Market Revenue Share, By Companies, 2024 |
10.2 Canada Bus Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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