Global Passenger and Ground Passenger Transportation Market Report 2021: Impact and Recovery of COVID-19 through 2030 – ResearchAndMarkets.com
DUBLIN – (COMMERCIAL THREAD)–The “Global Transit and Land Passenger Transport Market Report 2021: Impact of COVID-19 and Recovery until 2030” report was added to ResearchAndMarkets.com offer.
The global passenger transit and land transport market is expected to grow from $ 412.97 billion in 2020 to $ 460.48 billion in 2021 at a compound annual growth rate (CAGR) of 11.5%.
The Global Passenger Transit and Ground Transportation Market report 2021: Impact and Recovery of COVID-19 to 2030 provides strategists, marketers and senior management with the essential information they need to assess the COVID-19 exit global public and ground passenger transport market close.
Leading companies in the transit and land passenger transport market include Transport For London; Metropolitan Transport Authority; MTR Company; Canton metro and Madrid metro.
The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 634.99 billion in 2025 at a CAGR of 8%.
The public transit and land passenger transportation market comprises the sales of mass and land passenger transportation services and related goods by entities (organizations, sole proprietorships and partnerships) that provide a variety of passenger transportation services. , such as city transportation systems, charter buses, school buses, and intercity bus transportation. The public transit and land passenger transportation market is segmented into commuter train and public bus services; taxi and limousine services; school bus services and employees; charter bus services and other public and land passenger transportation.
Western Europe was the largest region in the world transit and land passenger transport market, accounting for 39% of the market in 2020. Asia-Pacific was the second largest region accounting for 29% of the world transit and land transport market. land transport of passengers. Africa was the smallest region in the world market for transit and land passenger transport.
Companies are actively seeking electricity to power buses to reduce carbon emissions and costs. Solar buses work with electric batteries which, in some cases, are also charged by solar panels installed on the roof of the bus. This improves the fuel efficiency of the vehicle and increases the life of lithium batteries. In addition, the technology has low maintenance components allowing companies to reduce their costs.
The coronavirus disease (COVID-19) outbreak acted as a massive restriction on the market for transit and land passenger transport services in 2020 as governments imposed lockdowns and restricted the movement of people and goods to contain the transmission. COVID 19 is an infectious disease with flu-like symptoms, including fever, cough, and difficulty breathing.
However, the market for mass transit and ground passenger transportation services is expected to recover from the shock during the forecast period as it is a ‘black swan’ event and not related to persistent or fundamental weaknesses in the market or the world economy.
Faster Economic Growth – The growth of the public transit and land passenger transportation market is aided by stable economic growth expected in many developed and developing countries. The International Monetary Fund (IMF) predicts that global GDP growth will be 3.3% in 2020 and 3.4% in 2021.
Main topics covered:
2. Structure of the report
3. Characteristics of the transit and land passenger transport market
3.1. Market definition
3.2. Key segmentation
4. Product analysis of the transit and land passenger transport market
4.1. Leading products / services
4.2. Main characteristics and differentiators
4.3. Development products
5. Supply chain of the transit and land passenger transport market
5.1. Supply chain
5.3. End customers
6. Information on customers in the transit and land passenger transport market
6.1. Customer Preferences
6.2. End-use market size and growth
7. Trends and strategies in the transit and land passenger transport market
8. Impact of COVID-19 on transit and land transport of passengers
9. Size and growth of the transit and land passenger transport market
9.1. Market size
9.2. Historical market growth, value (in billions of dollars)
9.2.1. Market pilots
9.2.2. Market restrictions
9.3. Market growth forecast, value (in billions of dollars)
9.3.1. Market pilots
9.3.2. Market restrictions
10. Regional analysis of the transit and land passenger transport market
10.1. Global Transit and Ground Passenger Transport Market, 2020, by Region, Value (USD Billion)
10.2. Global transit and land passenger transport market, 2015-2020, 2020-2025F, 2030F, historical and forecast, by region
10.3. Global Transit and Ground Passenger Transport Market, Growth and Market Share Comparison, By Region
11. Segmentation of the transit and land passenger transport market
11.1. Global transit and land passenger transport market, segmentation by type, history and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion
Commuter train and public bus services
Taxi and limousine services
School bus services and employees
Charter bus services
Other passenger transit and land transport
12. Market segments for transit and land passenger transport
12.1. Global commuter train and public bus services market, segmentation by type, 2015-2020, 2020-2025F, 2030F, value (in billions of dollars) – Commuter train services (metro and MMTS); Public bus services
12.2. Global Taxi and Limousine Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion) – Online Taxi Services; TV and offline taxi services; Limousine services
12.3. Global School Bus Services and Employee Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion) – Student Bus Services; Employee bus services
12.4. Global Charter Bus Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion)
12.5. Global Other Transit and Land Passenger Transportation Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion)
13. Market parameters for public transport and land passenger transport
13.1. Passenger transit and land transport market size, percentage of GDP, 2015-2025, global
13.2. Average per capita transit and land passenger transport market expenditure, 2015-2025, globally
Transport to London
Metropolitan Transport Authority
For more information on this report, visit https://www.researchandmarkets.com/r/q2i5rg