Industry Analysis & Industry Trends
Moving along
Demand for airport shuttle operators has remained steady over the five years to 2011, since they allow customers to save money and time. While a decline in air travel adversely affected operators, the rate will improve over the next five years, bolstering industry demand. Nevertheless, heightened competition from other methods of transportation will limit overall growth.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Airport Shuttle Operators industry is in the mature stage of its life cycle. While travelers have increasingly demanded less costly and more convenient ways of traveling to and from airports, private shuttle operators compete for these customers against many external transportation options. Because of the competitive pressures within and outside the industry, industry growth has been minimal. Between 2006 and 2016, the industry's value added, or its contribution to the economy, is projected to grow at an annualized rate of 1.3%. Over the same period, US GDP is expected to increase at an average rate of 1.8%; hence, the industry's contribution to the overall economy is fairly constant, signifying a mature life cycle stage... purchase to read more