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 | Jul 2016

Hail a taxi: Demand for industry services will persist, but volatile fuel costs may 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
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

The Taxi and Limousine Services industry has coasted on clear roads during the past five years. The economy's return to health has directly benefited the industry as business expense accounts have grown and consumers have been more willing to spend on small luxuries such as taxi and limousine rides. Moreover, increased demand from corporate travelers, tourists and private households is expected to result in the continued recovery of the industry over the next five years. However, the volatile nature of fuel prices remain a threat to the industry... purchase to read more

Industry Report - Industry Locations Chapter

The Taxi and Limousine Services industry is heavily skewed toward the Mid-Atlantic region as it dominates the industry in terms of number of establishments. On a per capita basis, there are disproportionately more industry establishments located in the Mid-Atlantic and New England regions than in other US regions. The Mid-Atlantic, for example, has 36.0% of industry establishments but just 15.5% of the US population. The state of New York alone has 23.2% of industry establishments and 6.2% of the population, reflecting the severe level of industry competition and market saturation of the industry services. Further demonstrating this trend, New Jersey has 7.3% of establishments and 2.8% of the US population... 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 services, taxi leasing and other car servicesLuxury and corporate sedan servicesStretch limousines and busesSUVs and large vans
Industry Activities
Providing limousine servicesProviding luxury sedan servicesProviding chauffer and personal driver servicesProviding corporate sedan services

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