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Public Transportation in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Public Transportation Market Research Report | NAICS 48511 | Jun 2013

In transit: Public transportation expansion projects will boost industry growth

IBISWorld’s Public Transportation market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$39bn
Annual Growth 08-13
0.6%
Annual Growth 13-18
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Profit
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Employment
357,750
Businesses
6,253
Industry Analysis & Industry Trends

In the past five years, demand for public transportation has been driven by rising fuel costs and more Americans moving away from rural areas into urban centers, forcing many people to switch from commuting with their cars to cheaper public transportation. Additionally, higher government funding has allowed for the expansion of energy-efficient transportation services. Over the next five years, growth is forecast to improve as more public transit expansion programs are put in place... purchase to read more

Industry Report - Industry Locations Chapter

The geographical distribution of the Public Transportation industry is largely reflected by the size and distribution of the US population. Major US cities and densely populated metropolitan areas are the main determinant of industry demand. Older more established cities also tend to have greater public transit systems, as these areas have a cultural tradition of public transit use. Additionally, tourist destinations and college oriented cities also have more public transit systems because these people are less likely to have access to personal vehicles.

The Mid-Atlantic and West regions account for 23.5% and 23.9% of industry revenue, respectively. These two regions contain the most densely populated US metropolitan areas, including New York City, Los Angeles and New Jersey City... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Public Transportation Industry?

Public transportation agencies primarily operate regional passenger transportation systems with regular routes and fixed schedules. The industry does not include taxi and limousines (IBISWorld report 48533), charter buses (48551), ferry boats (48311) or school and employee buses (48541).

Industry Products
BusCommuter RailHeavy RailLight RailTrolley Cars
 
Industry Activities
Operating heavy rail systems (e.g. metro, subway, rapid transit or rapid rail)Operating light rail systems (e.g. streetcar, tramway or trolley)Operating cable car systemsOperating monorail transit systems Operating tramway systemsOperating commuter transit systemsOperating suburban and urban bus servicesOperating commuter and local bus operationsOperating suburban and urban transit systemsOperating mixed mode transit systems (e.g. bus, commuter rail and subway combinations)


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