School Transportation System Industry Forecast & Market Trends 2032

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The global School Transportation System Market is experiencing rapid expansion, fueled by increasing concerns over student safety, technological advancements, and government regulations promoting efficient transportation services. The market, valued at USD 18.6 billion in 2023, is projected to grow at a CAGR of 7.5% from 2024 to 2032, reaching an estimated value of USD 35.2 billion by 2032.

School Transportation System Market Research Report 2032
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School Transportation System Market Research Report 2032

The global school transportation system market size was valued at approximately $27.5 billion in 2023 and is projected to reach around $41.2 billion by 2032, growing at a CAGR of 4.5% during the forecast period.