November 16, 2020

Global Transit And Ground Passenger Transport Market Research Report Analysis Forecasts To 2023

The Business Research Company’s latest report Transit And Ground Passenger Transport Global Market Report 2020 covers Transit And Ground Passenger Transport market drivers, Transit And Ground Passenger Transport market trends, Transit And Ground Passenger Transport market segments, Transit And Ground Passenger Transport market growth rate, Transit And Ground Passenger Transport market major players, and Transit And Ground Passenger Transport market size. The report provides in-depth analysis of the impact of COVID-19 on the Transit And Ground Passenger Transport industry, along with revised market numbers due to the effects of the coronavirus.

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Transit And Ground Passenger Transport Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global transit and ground passenger transport market is expected to decline from $479.4 billion in 2019 to $472.9 billion in 2020 at a compound annual growth rate (CAGR) of -1.4%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $588.1 billion in 2023.

The report covers the Transit And Ground Passenger Transport market’s segments-

By Type: Commuter Rail And Public Bus Services, Taxi And Limousine Services, School And Employee Bus Services, Charter Bus Services, Others - Transit And Ground Passenger Transport.

Subsegments covered: Commuter Rail Services (Metro And MMTS), Public Bus Services, Online Taxi Services, Tele And Offline Taxi Services, Limousine Services, Students Bus Services, Employee Bus Services.

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