SEARCH   
MEMBER LOGIN    

Taxi & Limousine Services in the US: Market Research Report

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

Taxi & Limousine Services Market Research Report | NAICS 48533 | Feb 2015

Hailing growth: Demand for industry services will persist, but rising fuel costs will threaten progress

IBISWorld’s Taxi & Limousine Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$12bn
Annual Growth 10-15
2.7%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
256,908
Businesses
200,509
Industry Analysis & Industry Trends

After recessionary declines in business profit and disposable income limited individual and corporate expenditure on transportation, the industry is set to revive over the next five years. In particular, a boost in consumer spending will result in greater investment in taxi and limousine services. Conversely, high fuel prices and increased regulations will threaten growth... purchase to read more

Industry Report - Industry Products Chapter

The Taxi and Limousine Services industry provides services for consumers and businesses. However, industry operators also lease vehicles to taxi operators and provide luxury and corporate sedan services, among other services.

Taxi services

The largest segment in the Taxi and Limousine Services industry is taxi services, which makes up more than half of total industry revenue. Taxi income is derived from the fares earned after a taxi is hailed or booked. Over the past decade, many employing taxi operators have attempted to build brand loyalty, which increases the value of fare earnings and reduces the fluctuations in revenue from the segment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Taxi & Limousine Services Industry?

Companies in this industry provide passenger transportation via automobiles. Taxi services are not operated on regular schedules or routes, and limousine services are rented or hired with a driver. This does not include transporting passengers to or from hotels and airports using buses or vans.

Industry Products
Taxi servicesLeasing to taxi operatorsSpecial needs transportation servicesStretch limousine servicesLuxury and corporate sedan services
 
Industry Activities
Providing limousine servicesProviding luxury sedan servicesProviding chauffer and personal driver servicesProviding corporate sedan services


View Sample
Quote
Select Clients