Public Transport Market Research Reports Analysis and Trends

Public Transport

1 . Public Transport Market Research Reports Analysis and Trends

Public transportation industry comprises companies, establishments, corporations and agencies that primarily operate in regional and local passenger transportation systems with regular routes and fixed schedules. They are buses, trams, trains, and metros of that kind. Since an important urban infrastructure serves and helps most people living there, the urban public transportation system includes public buses, electric buses, subways, taxis, auto rickshaws, ferries and other public transport vehicles. The mission of public transportation reflects its important position in a complex transportation network. Public transportation has the potential to provide low-cost and safety mobility to citizens, to facilitate a healthy environment and strong metropolitan areas by reducing traffic congestion and pollution. The rapid rate of economic reform has been accompanied accelerated urbanization which is adding to the challenges facing the urban public transportation sector.

Since the urban population and the economy is growing, the demand for public transport services is growing as well and at an incredible rapid rate, statistically at an estimated rate of 4% per year. The global transportation service industry plays a vital role in the global economy, with all types of business sectors reliant on transportation services to distribute their goods and access raw materials. Information and communication technologies are expected to continue to prove an important contributor and a key to industry performance over the coming years. All the companies in the transportation industry compete on grounds of efficiency and reliability, with customers’ main concern remaining timely pick-up and delivery. The main priorities transportation services providers that are expected to continue to focus on to remain competitive are security, reliability, customer care and speed of distribution. On an average, the fare revenue earned by the major urban transportation systems makes up about a third of spending needs, so the majority of costs are met by public sector subsidies.

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2 . Public Transport Current Trends

The public transportation industry has a high level of barriers to entry. State and local governments are responsible for the provision of public transportation systems. Nearly all systems within the industry are government owned, although in some instances governments may tender out services to the private sector, although outsourcing is currently minimal. In the last five years, the huge demand for public transportation has been driven by rising fuel costs and more people moving away from their rural areas into urban centers, forcing many people to switch from commuting with their cars to cheaper public transportation. Additionally, higher government funding has allowed for the expansion of energy efficient transportation services. Over the next five years, growth is expected to improve as more public transit expansion programs are expected to be introduced. In recognition of the huge problems facing the industry, the desire for a better future, the vision of a new paradigm, government has decided to break monopoly and reform the state-owned public transport enterprises, inviting domestic and foreign investors to join the franchised operation of urban public traffic. The public transportation industry across the world is on the threshold of a badly needed change.

Due to long-standing underinvestment, the development of most urban public transport system has failed to cope with the demand of the urban dwellers across many countries, especially in some large metros. According to MarketLine, the European transportation services industry was worth almost $579 billion in 2011, and it is expected to record a massive 7% yearly growth between 2011 and 2016. The European public transportation services industry is predicted to exceed $795 billion by the end of 2016. There are severe resource constraints for public transportation systems which are reliant upon fixed guideways such as rail lines in the recent times. The crisis facing the public transportation industry is well known, generally low levels of service, poor management at bus companies, long-standing government subsidization of fares that has sapped bus companies of incentives and capacity for innovation.

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3 . Major Public Transport Players

Major players in the public transport industry include Cubic Transportation Systems, GIRO, INIT, IVU, Prodata Mobility Systemsm, Digigroup, GMV, Goal Systems, Grupo Etra, Indra, Cosmatis, Link Technologies, and Consat.

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1 . How MarketResearchReports.com Can Help You Find the Right Report(s)?

Public Transport Industry Overall Growth Forecast

We offer syndicated/off-the-shelf and custom market research reports covering Public Transport industry. These reports are designed to provide a wholistic view of the global Public Transport industry.

The major growth forecast covered are:

Public Transport Industry CAGR % Growth Forecast for 2022-2028
Public Transport Industry Value Growth Forecast for 2022-2028
Public Transport Industry Key Companies Growth Forecast for 2022-2028

Search all reports related to the Public Transport Industry

Public Transport Industry Regional Data Coverage

The reports offered by us provide deep regional data for Public Transport industry. This information is designed to help decision makers identify the key growth markets of Public Transport industry and prepare their business strategy accordingly.

The major regional data covered are:

Public Transport Industry Region-Wise Growth Trends
Public Transport Industry Key Country Growth Opportunities
Public Transport Industry Focus on Most Important Markets

Public Transport Industry Trends Analysis

The reports covering Public Transport industry offer trends analysis of various types. These include overall key growth opportunities in global Public Transport industry.

The major trends and analysis covered are:

Public Transport Industry Key Player Profiles
Public Transport Industry SWOT Analysis
Public Transport Industry Growth Drivers and Challenges

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2 . Latest Market Research Reports on Public Transport Industry

Below mentioned is the list of reports available for on Public Transport industry. If you are not able to locate the correct report, please use the search option available on top of this page to search for the right report. You can also chat with us using the online chat system facility available at the bottom right corner of this page. You can also send your requirements using the contact form.

We also undertake custom market research projects which can provide reports matching your specific data requirements. Please send us your custom research project details using the custom market research form.

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Title	Published	Pages	Price
Transportation Services in Singapore	Jul 29 2020	47	USD 350.00
Transportation Services in Norway	Jul 29 2020	43	USD 350.00
World Balance Bike Market by Product Type, Market, Players and Regions-Forecast to 2024	May 6 2020	106	USD 2,960.00
World Automotive Light Detection and Ranging (LiDAR) Sensors Market Research Report 2025 (covering USA, Europe, China, Japan, India, South East Asia and etc)	Apr 17 2020	117	USD 2,960.00
World Track Bicycle Market Research Report 2025 (covering USA, Europe, China, Japan, India, South East Asia and etc)	Apr 10 2020	110	USD 2,960.00
World Electric Motorcycle and Scooter Market Research Report 2025(Covering North America, Europe, APAC, South America, Middle East and Africa)	Mar 23 2020	107	USD 3,280.00
World Electric Motorcycle and Scooter Market by Product Type, Market, Players and Regions-Forecast to 2025	Mar 23 2020	105	USD 2,960.00
Global Electric Bicycle Market by Product Type, Market, Players and Regions-Forecast to 2025	Mar 23 2020	107	USD 2,960.00
World Multirotor UAV Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)	Mar 13 2020	111	USD 2,960.00
World Snowmobile Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)	Mar 13 2020	116	USD 2,960.00
World Cabin Rigid Inflatable Boats Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)	Mar 13 2020	115	USD 2,960.00
World Traffic Signs Market Research Report 2025 (covering USA, Europe, China, Japan, India, South East Asia and etc)	Feb 27 2020	112	USD 2,960.00
World ATV Market Research Report 2025	Feb 17 2020	108	USD 2,960.00
World Traffic Signs Market Research Report 2024 (covering USA, Europe, China, Japan, India, South East Asia and etc)	Feb 24 2019	112	USD 2,960.00
LED Lighting in Public Transportation Vehicles - Global Market Forecast & Analysis 2017-2024	Apr 6 2018	203	USD 2,990.00
Development and Opportunity of Facial Recognition Technology in Transport Industry	Jan 5 2018	30	USD 1,600.00

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