Commuter rail and public bus services industry includes sub sections of urban transit systems, interurban and rural bus transportation and other urban transportation such as light rail, subways and streetcars, and buses.
Commuter Rail and Public Bus Services Global Market Size
The global commuter rail and public bus services market was valued at $336 billion in 2017. Western Europe was the largest geographic region accounting for $112.6 billion or 33.5% of the global market. The USA was the largest country accounting for $42.7 billion or 12.7% of the global commuter rail and public bus services market.
Commuter Rail and Public Bus Services Global Market Trend
In transit entertainment services are increasingly being offered by public transportation companies to enhance passenger ride experience. Most common in transit entertainment services include Wi-Fi and video on demand services which are either offered for free or offered at affordable rates. In transit-entertainment amenities add value to customers’ overall travel experience. For example, all of New York's underground subway stations were equipped with Wi-Fi, in January 2017. Similarly, communications infrastructure company CIVIQ Smartscapes installed over 1,000 Wi-Fi devices in public transit vehicles and 51 additional Wi-Fi devices for transit stations in Miami-Dade County, Florida, in 2017. Ola Cab, the largest on demand cab transportation service provider in India is offering in cab entertainment through Ola Play platform which provides music, TV shows and radio in the cab.
The companies covered are East Japan Railway, MTR, Central Japan Railway, Canadian Pacific Railway, and West Japan Railway.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Commuter Rail and Public Bus Services Global Market Segmentation
The commuter rail and public bus services market is segmented into Commuter Rail Services (Metro And MMTS), and Public Bus Services.
Commuter Rail Services (Metro And MMTS) comprises establishments primarily engaged in operating local and suburban passenger transit systems over regular routes and on regular schedules within a metropolitan area and its adjacent nonurban areas. Such transportation systems involve the use of one or more modes of transport including light rail, commuter rail, subways, and streetcars, as well as buses and other motor vehicles.
Public Bus Services comprises establishments primarily engaged in operating local and suburban passenger transportation systems using buses or other motor vehicles over regular routes and on regular schedules within a metropolitan area and its adjacent nonurban areas.