Global and United States Transit and Ground Passenger Transportation Market Report & Forecast 2022-2028
SKU ID : QYR-20651548 | Publishing Date : 01-Apr-2022 | No. of pages : 101
The transit and ground passenger transportation industry includes companies offering passenger transportation services, such as urban transit systems, taxis, and chartered bus, school bus, and interurban bus transportation. This industry includes both government and private operated transportation systems. These services are split into scheduled and nonscheduled transportation services, which are differentiated depending on production process factors such as vehicle types, routes, and schedules. Scheduled transportation industry includes establishments offering urban transit systems, interurban and rural bus transportation, and school and employee bus transportation. While the nonscheduled industry includes establishments involved in charter bus industry and taxi and limousine service. This industry does not include scenic and sightseeing ground transportation services. Transit and ground passenger transportation market in this report is segmented into commuter rail and public bus services, taxi and limousine services, school and employee bus services and charter bus services.
Market Analysis and Insights: Global and United States Transit and Ground Passenger Transportation Market
This report focuses on global and United States Transit and Ground Passenger Transportation market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Transit and Ground Passenger Transportation market size is estimated to be worth US$ 34480 million in 2022 and is forecast to a readjusted size of US$ 40700 million by 2028 with a CAGR of 2.8% during the review period. Fully considering the economic change by this health crisis, by Type, Commuter Rail and Public Bus Services accounting for % of the Transit and Ground Passenger Transportation global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Transportation was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Shared transportation system is growing in transit and ground passenger transportation industry owing to cost benefits this system offers to citizens. Shared transportation combines passenger transportation services such as drivers, taxis, bikes, and buses under a single platform. Its members can avail services of a transportation system by paying a subscription fee or a one-time fare, as well as can earn money by sharing their own vehicles.
Global Transit and Ground Passenger Transportation Scope and Market Size
Transit and Ground Passenger Transportation market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Transit and Ground Passenger Transportation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Transit and Ground Passenger Transportation market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Commuter Rail and Public Bus Services
Taxi and Limousine Services
School and Employee Bus Services
Charter Bus Services
Segment by Application
Transportation
Entertainment
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Metropolitan Transportation Authority
Transport For London
MTR
Guangzhou Metro
Madrid Metro
Washington Metropolitan Transit Authority
Seoul Subway
The Massachusetts Bay Transit Authority
Chicago Transit Authority
Bay Area Rapid Transit
Market Analysis and Insights: Global and United States Transit and Ground Passenger Transportation Market
This report focuses on global and United States Transit and Ground Passenger Transportation market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Transit and Ground Passenger Transportation market size is estimated to be worth US$ 34480 million in 2022 and is forecast to a readjusted size of US$ 40700 million by 2028 with a CAGR of 2.8% during the review period. Fully considering the economic change by this health crisis, by Type, Commuter Rail and Public Bus Services accounting for % of the Transit and Ground Passenger Transportation global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Transportation was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Shared transportation system is growing in transit and ground passenger transportation industry owing to cost benefits this system offers to citizens. Shared transportation combines passenger transportation services such as drivers, taxis, bikes, and buses under a single platform. Its members can avail services of a transportation system by paying a subscription fee or a one-time fare, as well as can earn money by sharing their own vehicles.
Global Transit and Ground Passenger Transportation Scope and Market Size
Transit and Ground Passenger Transportation market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Transit and Ground Passenger Transportation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Transit and Ground Passenger Transportation market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Commuter Rail and Public Bus Services
Taxi and Limousine Services
School and Employee Bus Services
Charter Bus Services
Segment by Application
Transportation
Entertainment
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Metropolitan Transportation Authority
Transport For London
MTR
Guangzhou Metro
Madrid Metro
Washington Metropolitan Transit Authority
Seoul Subway
The Massachusetts Bay Transit Authority
Chicago Transit Authority
Bay Area Rapid Transit
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.