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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 | Sep 2016

In transit: Falling unemployment rates and continued government support will benefit industry operators

The Public Transportation market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Government subsidies and rising commuter activity will lead to stable revenue growth
  • More Americans are moving from rural areas to cities, boosting demand for public transportation
  • Governments will invest more in public transportation to ease congestion in cities
  • ... purchase to read more

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, industry growth will be driven by a couple factors, including continued increases in government funding for transportation and a rise in domestic trips taken by US residents. These trends will ultimately lead to a rise in ridership, helping to increase fare-generated revenue for industry operators... ... 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, Chicago Transit Authority and Los Angeles Country Metropolitan Transit Authority.

At the same time, the majority of public transit systems are mainly located in densely-populated urban areas. Typically, these locations are plagued by lack of parking lots, traffic congestion and costly parking rates, among other things. Add.. ... purchase to read more

Additional Insights for the Public Transportation Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Public Transportation Industry are

  • Maintenance of excellent customer relations
  • Must comply with government regulations
  • Ability to take advantage of government subsidies and other grants
  • IBISWorld analysts also discuss how external factors such as Federal funding for transportation and Urban population in the Public Transportation industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    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 taxis and limousines (IBISWorld report 48533), charter buses (48522), 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)

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Federal funding for transportation
  • Urban population
  • National unemployment rate
  • World price of crude oil
  • Domestic trips by US residents
  • Current Performance
  • Federal funding
  • Ridership increases
  • Chart: Revenue Growth
  • Industry Outlook
  • Broad economic impact
  • Urban Growth
  • Green technology
  • Travel time
  • Table: Public Transportation Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Public Transportation Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Fuel Dealers
  • Rail Maintenance Services
  • Train, Subway & Transit Car Manufacturing
  • Truck & Bus Manufacturing
  • Truck, Trailer & Motor Home Manufacturing
  • Products & Services
  • Bus
  • Heavy Rail
  • Commuter Rail
  • Light-rail
  • Other
  • Trolley Cars
  • Chart: Public Transportation Industry Products and Services Segmentation
  • Demand Determinants
  • Demographic change
  • Income distribution and economic growth
  • Consumer preferences
  • Federal funding
  • Major Markets
  • Passengers aged under 25
  • Passengers aged 25 to 34
  • Passengers aged 35 to 44
  • Passengers aged 45 to 54
  • Passengers aged 55 to 64
  • Passengers aged 65 and older
  • Chart: Major Market Segmentation for the Public Transportation Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Depreciation
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Public Transportation
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Public Transportation Industry
  • Industry Globalization
    Major Companies
    New York City Transit Authority
    Los Angeles County Metropolitan Transportation Authority
  • Table: New York City Transit Authority - financial performance
  • Table: Los Angeles County Metropolitan Transportation Authority - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Public Transportation Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Public Transportation Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Federal Funding for Transportation (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Heavy Rail
  • A mode of transit service often referred to as a metro, subway, rapid transit or rapid rail system.
  • Light-Rail
  • A streetcar, tramway or trolley that travels on fixed rails and is often separated from other traffic for part or much of the way.
  • Trolley Bus
  • A mode of transit service that uses vehicles propelled by a motor that is powered by overhead electrical wires.
  • Unlinked Passenger Trips
  • The number of times passengers board public transit vehicles. Passengers are counted each time they board a vehicle, regardless of the number of vehicles that are used for each trip.
  • Vanpool
  • A prearranged ridesharing program that uses vans and small buses to provide round trip transportation service between prearranged boarding points and a common destination.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Public Transportation:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Public Transportation market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Public Transportation, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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