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Commuter Rail And Public Bus Services Global Market Report 2019

Starting Price : $ 4000.00 | Pages : 300 | Published : January 2019 | SKU CODE : 5394 | Format :


Commuter Rail And Public Bus Services Market Characteristics

The commuter rail and public bus services market consists of sales of commuter rail and public bus services by entities (organizations, sole traders and partnerships) that operate local and suburban ground passenger transit systems using more than one mode of transport over regular routes and on regular schedules within a metropolitan area and its adjacent nonurban areas. Commuter rail is usually characterized by reduced fares, multiple ride and commutation tickets, and mostly used by passengers during the morning and evening peak periods.

Competitive Landscape of the Commuter Rail And Public Bus Services Market

Major players in the global commuter rail and public bus services market include East Japan Railway, MTR, Central Japan Railway, Canadian Pacific Railway, and West Japan Railway.

Commuter Rail And Public Bus Services Market Size

The commuter rail and public bus services market size is expected to significantly grow at a CAGR of almost 6% during the forecast period. The growth in the commuter rail and public bus services market is due to increasing investments in metro systems globally.

However, the market for commuter rail and public bus services is expected to face certain restraints from several factors such as shift in consumer preference from public transport services to private transport services.

Commuter Rail And Public Bus Services Market Segmentation

The global commuter rail and public bus services market is further segmented based on type and geography.
By Type - The commuter rail and public bus services market is segmented into commuter rail services (Metro And MMTS), and public bus services.
By Geography - The global commuter rail and public bus services is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific’s commuter rail and public bus services market accounts for the largest share in the global commuter rail and public bus services market.
Trends in the Commuter Rail And Public Bus Services Market
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. Potential Opportunities in the Commuter Rail And Public Bus Services Market With increasing government investments in urban transit systems, the scope and potential for the global commuter rail and public bus services market is expected to significantly rise in the forecast period.

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