Public Transport Market

Public transport?(also known as?public transportation,?public transit, or?mass transit) is transport of?passengers?by group travel systems available for use by the general public, typically managed on a schedule, operated on established routes, and that charge a posted fee for each trip.
Public Transport Market aims to provide a comprehensive presentation of the global market for Public Transport, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Public Transport. Public Transport Market contains market size and forecasts of Public Transport in global, including the following market information:
Global Public Transport Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Public Transport market was valued at US$ million in 2023 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Urban public transit differs distinctly among Asia, North America, and Europe. In Asia, profit-driven, privately-owned and publicly traded mass transit and?real estate?conglomerates predominantly operate public transit systems?[6][7]?In North America, municipal?transit authorities?most commonly run mass transit operations. In Europe, both state-owned and private companies predominantly operate mass transit systems, Public transport services can be profit-driven by use of pay-by-the-distance?fares?or funded by government subsidies in which flat rate fares are charged to each passenger. Services can be fully profitable through high usership numbers and high?farebox recovery ratios, or can be regulated and possibly?subsidised?from local or national tax revenue. Fully subsidised,?free of charge?services operate in some towns and cities.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Public Transport companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Public Transport Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Public Transport Market Segment Percentages, by Type, 2023 (%)
Bus
Tram
Underground (Metro)
Regional taxi
Light rail
Train
High-speed line South
Global Public Transport Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Public Transport Market Segment Percentages, by Application, 2023 (%)
City
Rural
Global Public Transport Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Public Transport Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Public Transport revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Public Transport revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Metropolitan Transportation Authority
Transport For London
MTR Corporation
Guangzhou Metro
Madrid Metro
Washington Metropolitan Transit Authority
Seoul Subway
The Massachusetts Bay Transit Authority
Chicago Transit Authority
Bay Area Rapid Transit
Outline of Major Chapters:
Chapter 1: Introduces the definition of Public Transport, market overview.
Chapter 2: Global Public Transport market size in revenue.
Chapter 3: Detailed analysis of Public Transport company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Public Transport in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.