As the economy recovers, more individuals will begin to spend money on trips and other vacations that may require scheduled and chartered bus services. Additionally, participants are forecast to benefit from urban population growth, the aging US population, the green movement and the government's continued attempt to promote alternate modes of transit.
Operators in the Scheduled and Charter Bus Services provide scheduled and charter bus transportation services. Scheduled buses provide intercity, rural and other long distance transport services on regular routes and schedules. Conversely, charter bus services are contracted out on an as-needed basis. This industry does not include urban public bus transport (IBISWorld report 48511) or school and employee commuter bus transport services (IBISWorld report 48541).
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.