Urban Transit Systems

Urban Transit Systems

Brief Excerpt from Industry Overview Chapter:

Companies in this industry operate buses, trains, and other local and suburban passenger transit systems within cities and adjacent nonurban areas. Major companies include Beijing Subway, East Japan Railway (Tokyo), Metropolitan Transportation Authority (New York), Mexico City Metro, Moscow Metro, MTR Corporation (Hong Kong), Paris Metro, and Seoul Metro.

COMPETITIVE LANDSCAPE

Demand is driven by population and employment growth in metropolitan areas. The profitability of individual companies depends on efficient operations. The US industry is highly concentrated: the 50 largest companies generate about 90% of the industry's revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

The urban transit system industry offers local, fixed route, passenger transportation by road and transit, which accounts for more than 90% of the industry revenue. Other services include local passenger transportation by road (about 5%), long-distance transportation, and long-distance, fixed-route passenger transportation. It includes operators of light rail, subway, streetcars, cable cars, tramways, trolleys, and monorails. Services are offered over regular routes and on regular schedules within a metropolitan area and adjacent nonurban areas.