Mobile Menu

Scheduled and Charter Bus Services in the US - Market Research Report (2015-2030)

Oliwier Samorajski Oliwier Samorajski New York, United States Last Updated: January 2025 NAICS 48522

Revenue

$7.1bn

2025

$7.1bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

48,855

Businesses

8,715

Wages

$X.Xbn

Scheduled and Charter Bus Services in the US industry analysis

The bus service industry has faced considerable challenges and transformations. The pandemic caused stagnation and financial difficulties, with companies struggling to manage large fleets amid volatility and escalating costs of insurance, diesel and equipment. The market dynamics have evolved due to the growing popularity of ride-hailing services like Uber and Lyft in metropolitan areas, offering alternatives to bus travel. Charter services have seen an 80.0% recovery compared to 2019, bolstered by effective advertising and airline delays. However, driver shortages remain a problem, worsened by changing travel patterns post-pandemic. Despite these hurdles, opportunities have emerged as younger generations show a preference for bus travel. To attract these travelers, companies are offering onboard amenities like Wi-Fi and increased legroom. Nonemployer establishments surged thanks to simpler operations and efficient online marketing. Revenue is expected to increase at a CAGR of 13.1% to $7.1 billion through the end of 2025, including growth of 1.2% in 2025 alone. The double-digit CAGR is attributed to the low revenue baseline in 2020 caused by the COVID-19 pandemic. 

Trends and Insights

  • Low-cost curbside bus services are gaining popularity among cost-conscious consumers despite a challenging recovery influenced by changing consumer preferences and competition from ride-hailing services. Companies are adapting by offering promotional discounts and partnering with local organizations to stimulate demand.
  • Charter bus services are enhancing their offerings by incorporating onboard amenities like Wi-Fi and restrooms to attract more customers. These enhancements aim to provide a more appealing travel experience compared to other transportation modes.
  • The Southeast and Southwest regions both benefit from their popular tourist destinations, which boost the demand for charter bus services. These regions attract millions of visitors annually who prefer bus travel for convenience and exploration.
  • Rising investment in rail infrastructure, particularly high-speed rail, poses competition for charter bus services. This investment, driven by the Infrastructure Investment and Jobs Act, encourages bus companies to lower fares and enhance amenities to remain competitive.

Access hundreds of data points and trends

  • Market estimates from 2015-2030
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee

Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has grown at a CAGR of 13.1 % over the past five years, to reach an estimated $7.1bn in 2025.

Trends and Insights

Low-cost curbside bus services benefit from the rising number of cost-conscious consumers

  • Low-cost curbside bus services are recovering. These services have gained popularity as consumers, facing inflationary pressures through 2023, have become more cautious with their spending and focused on saving, supporting bus services that are often cheaper than alternative transportation methods.
  • Additional trends and insights available with purchase
Scheduled and Charter Bus Services in the US
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

Stabilizing economic conditions will stimulate travel

  • As disposable income grows, consumers will be encouraged to spend more on discretionary services, including city bus tours and bus transportation for conventions, weddings, proms and other events. The rebound in consumer spending will be propelled by the ongoing easing of monetary policy, which, combined with improving credit conditions and access to capital, are expected to bolster business finances and support the recovery of the labor market after a prolonged tightness since 2023.

Biggest companies in the Scheduled and Charter Bus Services in the US

Company
Market Share (%)
2025
Revenue ($m)
2025
Profit ($m)
2025
Profit Margin (%)
2025
Global Charter Services Ltd
317.3
31.3
9.9
Coach Usa Inc.
246.0
9.7
3.9
Academy Bus LLC
216.4
21.4
9.9

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Scheduled and Charter Bus Services in the US
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Charter bus services, Scheduled bus services and Other services (including rural transit). Charter bus services is the largest segment of the Scheduled and Charter Bus Services in the US.

Trends and Insights

Charter bus services are facing a prolonged recovery

  • Groups and organizations typically rent charter buses for a single trip or a series of trips. These services include buses that can be rented for special occasions such as group tours, corporate events and school trips. A variety of buses, including mini buses, coach buses and luxury buses, are included in this segment.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Operators in the Scheduled and Charter Bus Services provide scheduled and chartered 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 (48541).

What's included in this industry?

Intercity bus line transportation servicesInterstate bus line transportation servicesInterurban bus line transportation servicesRural bus transportation servicesMotor coach operations for interurban and rural scheduled routesCharter bus operations for businesses and consumers (except scenic and sightseeing services)

Companies

Global Charter Services LtdCoach Usa Inc.Academy Bus LLC

Purchase this report to view all 5 major companies in this industry.

Related Terms

CHARTER BUSSCHEDULED BUSMOTOR COACHCURBSIDE BUS SERVICEFUEL SURCHARGE

Industry Code

NAICS 2017

NAICS 485210 - Scheduled and Charter Bus Services in the US

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Low-cost curbside bus services are gaining popularity among cost-conscious consumers despite a challenging recovery influenced by changing consumer preferences and competition...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Charter bus services are enhancing their offerings by incorporating onboard amenities like Wi-Fi and restrooms to attract more customers. These enhancements aim to provide a ...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

The Southeast and Southwest regions both benefit from their popular tourist destinations, which boost the demand for charter bus services. These regions attract millions of v...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each state
  • Share of population compared to establishments in each region in 2025

Tables

  • Number and share of establishments in each state in 2025
  • Number and share of revenue each state accounts for in 2025
  • Number and share of wages each state accounts for in 2025
  • Number and share of employees in each state in 2025

Detailed analysis

  • Geographic spread of the industry across North America, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Rising investment in rail infrastructure, particularly high-speed rail, poses competition for charter bus services. This investment, driven by the Infrastructure Investment a...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2020-2025
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Coach USA filed for Chapter 11 bankruptcy in June 2024 in the US Bankruptcy Court for the District of Delaware. The company engaged in voluntary asset sales to maintain job s...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025
  • Overview of Global Charter Services Ltd's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Coach Usa Inc.'s performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Academy Bus LLC's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for Global Charter Services Ltd, and factors influencing its performance in the industry
  • Description and key data for Coach Usa Inc., and factors influencing its performance in the industry
  • Description and key data for Academy Bus LLC, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Federal regulations mandate that interstate buses comply with safety standards enforced by agencies such as the NHTSA and FMCSA. These standards ensure passenger safety by re...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2015-2030) 
  • Assistance historical data and forecast (2015-2030) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Charter bus operators are limiting their services to the most profitable routes and peak demand periods to enhance profitability. By focusing on high-demand days and more luc...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Investment vs. share of economy

Data tables

  • Industry Multiples (2018-2023)
  • Industry Tax Structure (2018-2023)
  • Income Statement (2018-2023)
  • Balance Sheet (2018-2023)
  • Liquidity Ratios (2018-2023)
  • Coverage Ratios (2018-2023)
  • Leverage Ratios  (2018-2023)
  • Operating Ratios (2018-2023)
  • Cash Flow & Debt Service Ratios (2015-2030)
  • Revenue per Employee (2015-2030)
  • Revenue per Enterprise (2015-2030)
  • Employees per Establishment (2015-2030)
  • Employees per Enterprise (2015-2030)
  • Average Wage (2015-2030)
  • Wages/Revenue (2015-2030)
  • Establishments per Enterprise (2015-2030)
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Scheduled and Charter Bus Services in the US industry in United States in 2025?

The market size of the Scheduled and Charter Bus Services in the US industry in United States is $7.1bn in 2025.

How many businesses are there in the Scheduled and Charter Bus Services in the US industry in 2025?

There are 8,715 businesses in the Scheduled and Charter Bus Services in the US industry in United States, which has grown at a CAGR of 4.2 % between 2020 and 2025.

Has the Scheduled and Charter Bus Services in the US industry in United States grown or declined over the past 5 years?

The market size of the Scheduled and Charter Bus Services in the US industry in United States has been growing at a CAGR of 13.1 % between 2020 and 2025.

What is the forecast growth of the Scheduled and Charter Bus Services in the US industry in United States over the next 5 years?

Over the next five years, the Scheduled and Charter Bus Services in the US industry in United States is expected to grow.

What are the biggest companies in the Scheduled and Charter Bus Services in the US market in United States?

The biggest companies operating in the Scheduled and Charter Bus Services market in United States are Global Charter Services Ltd, Coach Usa Inc. and Academy Bus LLC

What does the Scheduled and Charter Bus Services in the US in United States include?

Intercity bus line transportation services and Interstate bus line transportation services are part of the Scheduled and Charter Bus Services in the US industry.

Which companies have the highest market share in the Scheduled and Charter Bus Services in the US in United States?

The company holding the most market share in United States is Global Charter Services Ltd.

How competitive is the Scheduled and Charter Bus Services in the US industry in United States?

The level of competition is moderate and increasing in the Scheduled and Charter Bus Services in the US industry in United States.

Related Industries

Widen your competitive advantage with related industries

View all industries in United States

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in the US include: 

  • US Census Bureau
  • US Bureau of Labor Statistics
  • US International Trade Commission

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.