Global Public Transport Market Statistics, Development and Growth 2023
Summary
A new market study, titled “Global Public Transport Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023 ” has been featured on WiseGuyReports.
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.
Scope of the Report:
This report studies the Public Transport market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Public Transport market by product type and applications/end industries.
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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.
The global Public Transport market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of 18.0% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Public Transport.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Bus
Tram
Underground (Metro)
Regional taxi
Light rail
Train
High-speed line South
Market Segment by Applications, can be divided into
City
Rural
FOR MORE DETAILS – https://www.wiseguyreports.com/reports/3431255-global-public-transport-market-2018-by-manufacturers-countries
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