Global Public Transport Market Size, Status and Forecast 2018-2025

This report focuses on the global Public Transport status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Public Transport development in United States, Europe and China.

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.
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.
In 2017, the global Public Transport market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of 20.0% during 2018-2025.

The key players covered in this study
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 Type, the product can be split into
Bus
Tram
Underground (Metro)
Regional taxi
Light rail
Train
High-speed line South

Market segment by Application, split into
City
Rural

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Public Transport status, future forecast, growth opportunity, key market and key players.
To present the Public Transport development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Public Transport are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.