The North America Public Transportation Market would witness market growth of 4.7% CAGR during the forecast period (2022-2028).
In recent years, public transportation utilization has declined in several wealthy cities. Several sources link this development to the growth in popularity of remote work, ride-sharing programs, and very inexpensive auto loans in numerous nations. This drop has been observed in major cities like Toronto, Paris, Chicago, and London, which have sought to intervene by reducing rates and supporting other methods of transportation, such as e-scooters and e-bikes.
Due to the lower pollution and other environmental consequences of public transportation compared to private mobility, an increase in public transit investment has been cited by several experts as an essential climate change mitigation strategy. The omnibus appears to have started in Paris, France, around 1662, although the service in question, Carrosses à cinq sols, collapsed a few months after its inventor, Blaise Pascal, died in August 1662; omnibuses next emerged in Nantes, France, in 1826. London's first omnibus was inaugurated in July 1829.
According to the American Community Survey (ACS), around 5 percent of all employees in the United States utilized public transit in 2019. 1 Though public transportation (transit) was a relatively uncommon mode of commuting to work in the United States as a whole, it played an important role in particular areas, such as New York and San Francisco, where over one-third of employees commuting by transit. 2 In 2019, transit commuting trends varied by region, metropolitan area (metro), and several noteworthy demographic variables.
The US market dominated the North America Public Transportation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $56,665.8 million by 2028. The Canada market is poised to grow at a CAGR of 6.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.5% during (2022 - 2028).
Based on Mode Type, the market is segmented into Road, Rail and Others. Based on Ticket Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Public Transportation Market is Estimated to reach $285.7 Billion by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BC Transit Corporation, Transport International Holdings Limited, Brussels Intercommunal Transport Company, Metrolink, Transdev Group SA (Caisse des Dépôts et Consignations), Tobu Railway Co., Ltd., and Trenitalia c2c Limited.
Scope of the Study
Market Segments Covered in the Report:
By Mode Type
By Ticket Distribution Channel
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- BC Transit Corporation
- Transport International Holdings Limited
- Brussels Intercommunal Transport Company
- Metrolink
- Transdev Group SA (Caisse des Dépôts et Consignations)
- Tobu Railway Co., Ltd.
- Trenitalia c2c Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Public Transportation Market, by Mode Type
1.4.2 North America Public Transportation Market, by Ticket Distribution Channel
1.4.3 North America Public Transportation Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Public Transportation Market by Mode Type
3.1 North America Road Market by Country
3.2 North America Rail Market by Country
3.3 North America Others Market by Country
Chapter 4. North America Public Transportation Market by Ticket Distribution Channel
4.1 North America Offline Market by Country
4.2 North America Online Market by Country
Chapter 5. North America Public Transportation Market by Country
5.1 US Public Transportation Market
5.1.1 US Public Transportation Market by Mode Type
5.1.2 US Public Transportation Market by Ticket Distribution Channel
5.2 Canada Public Transportation Market
5.2.1 Canada Public Transportation Market by Mode Type
5.2.2 Canada Public Transportation Market by Ticket Distribution Channel
5.3 Mexico Public Transportation Market
5.3.1 Mexico Public Transportation Market by Mode Type
5.3.2 Mexico Public Transportation Market by Ticket Distribution Channel
5.4 Rest of North America Public Transportation Market
5.4.1 Rest of North America Public Transportation Market by Mode Type
5.4.2 Rest of North America Public Transportation Market by Ticket Distribution Channel
Chapter 6. Company Profiles
6.1 BC Transit Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.2 Transport International Holdings Limited
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental Analysis
6.3 Brussels Intercommunal Transport Company
6.3.1 Company Overview
6.3.2 Financial Analysis
6.4 Metrolink
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Recent strategies and developments:
6.4.3.1 Partnerships, Collaborations, and Agreements:
6.5 Transdev Group SA (Caisse des Dépôts et Consignations)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Regional Analysis
6.5.4 Recent strategies and developments:
6.5.4.1 Partnerships, Collaborations, and Agreements:
6.6 Tobu Railway Co., Ltd.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental Analysis
6.6.4 Recent strategies and developments:
6.6.4.1 Product Launches and Product Expansions:
6.7 Trenitalia c2c Limited
6.7.1 Company Overview
TABLE 1 North America Public Transportation Market, 2018 - 2021, USD Million
TABLE 2 North America Public Transportation Market, 2022 - 2028, USD Million
TABLE 3 North America Public Transportation Market by Mode Type, 2018 - 2021, USD Million
TABLE 4 North America Public Transportation Market by Mode Type, 2022 - 2028, USD Million
TABLE 5 North America Road Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Road Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Rail Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Rail Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Public Transportation Market by Ticket Distribution Channel, 2018 - 2021, USD Million
TABLE 12 North America Public Transportation Market by Ticket Distribution Channel, 2022 - 2028, USD Million
TABLE 13 North America Offline Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Offline Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Online Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Online Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Public Transportation Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Public Transportation Market by Country, 2022 - 2028, USD Million
TABLE 19 US Public Transportation Market, 2018 - 2021, USD Million
TABLE 20 US Public Transportation Market, 2022 - 2028, USD Million
TABLE 21 US Public Transportation Market by Mode Type, 2018 - 2021, USD Million
TABLE 22 US Public Transportation Market by Mode Type, 2022 - 2028, USD Million
TABLE 23 US Public Transportation Market by Ticket Distribution Channel, 2018 - 2021, USD Million
TABLE 24 US Public Transportation Market by Ticket Distribution Channel, 2022 - 2028, USD Million
TABLE 25 Canada Public Transportation Market, 2018 - 2021, USD Million
TABLE 26 Canada Public Transportation Market, 2022 - 2028, USD Million
TABLE 27 Canada Public Transportation Market by Mode Type, 2018 - 2021, USD Million
TABLE 28 Canada Public Transportation Market by Mode Type, 2022 - 2028, USD Million
TABLE 29 Canada Public Transportation Market by Ticket Distribution Channel, 2018 - 2021, USD Million
TABLE 30 Canada Public Transportation Market by Ticket Distribution Channel, 2022 - 2028, USD Million
TABLE 31 Mexico Public Transportation Market, 2018 - 2021, USD Million
TABLE 32 Mexico Public Transportation Market, 2022 - 2028, USD Million
TABLE 33 Mexico Public Transportation Market by Mode Type, 2018 - 2021, USD Million
TABLE 34 Mexico Public Transportation Market by Mode Type, 2022 - 2028, USD Million
TABLE 35 Mexico Public Transportation Market by Ticket Distribution Channel, 2018 - 2021, USD Million
TABLE 36 Mexico Public Transportation Market by Ticket Distribution Channel, 2022 - 2028, USD Million
TABLE 37 Rest of North America Public Transportation Market, 2018 - 2021, USD Million
TABLE 38 Rest of North America Public Transportation Market, 2022 - 2028, USD Million
TABLE 39 Rest of North America Public Transportation Market by Mode Type, 2018 - 2021, USD Million
TABLE 40 Rest of North America Public Transportation Market by Mode Type, 2022 - 2028, USD Million
TABLE 41 Rest of North America Public Transportation Market by Ticket Distribution Channel, 2018 - 2021, USD Million
TABLE 42 Rest of North America Public Transportation Market by Ticket Distribution Channel, 2022 - 2028, USD Million
TABLE 43 Key Information – BC Transit Corporation
TABLE 44 Key Information – Transport International Holdings Limited
TABLE 45 Key Information – Brussels Intercommunal Transport Company
TABLE 46 Key Information – Metrolink
TABLE 47 Key Information – Transdev Group SA
TABLE 48 Key Information – Tobu Railway Co., Ltd.
TABLE 49 Key Information – Trenitalia c2c Limited
List of Figures
FIG 1 Methodology for the research