Public Transportation in the US - Industry Market Research Report

Public Transportation in the US - Industry Market Research Report

Public Transportation in the US

The Public Transportation industry provides various regional transportation services and industry participants operate transit systems on regular routes and schedules. Services include light rail, commuter rail, subway, streetcars, buses and other motor vehicles. The industry's main participants primarily operate regionally and are part of a transit association, such as New York City's Metropolitan Transportation Authority (MTA). Traditional subways and buses are relatively inexpensive for passengers because industry operators typically transport numerous passengers over short distances simultaneously. In many urban cities with reliable services available, people often prefer using public transportation. In smaller cities or ones with less robust public transportation, due to poor connectivity, people more often use their own car or taxi services.

Public transportation agencies primarily operate regional passenger transportation systems with regular routes and fixed schedules. The industry does not include taxis and limousines (IBISWorld report 48533), charter buses (48522), ferry boats (48311) or school and employee buses (48541).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.