Industry Analysis & Industry Trends
The industry relies heavily on a number of varying demand determinants. Consumers are becoming more concerned for the environment and see public transport as being an energy-efficient way to travel. To encourage the use of greener public transport, the technology department is embarking on providing hybrid models of trains and buses to replace the old environmentally hazardous versions... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Public Transportation industry is heavily subsidized by federal, state and local agencies, so industry revenue is not a strong statistic for determining market share concentration. Instead, it is more appropriate to look at ridership rates, as this properly highlights public transit use. The top three public transit systems in the US based on unlinked passenger trips are MTA New York City Transit (NYCT), Chicago Transit Authority (CTA) and Los Angeles Country Metropolitan Transit Authority (LACMTA). Together these three authorities account for about 41.5% of US unlinked passenger trips.
At the same time, the majority of public transit systems are mainly located in densely populated urban areas... purchase to read more