Global Transit And Ground Passenger Transport Market Value Expected To Reach $588.1 Billion By 2023
Transport For London Is One Of The Largest Players In The Transit And Ground Passenger Transport Market, According To The Business Research Company’s Transit And Ground Passenger Transport Global Market Report 2020-30: Covid 19 Impact And Recovery
(Companies Covered: Transport For London, Metropolitan Transportation Authority, MTR Corporation, Guangzhou Metro, Madrid Metro)
The global transit and ground passenger transport market is expected to decline from $479.4 billion in 2019 to $472.9 billion in 2020 at a compound annual growth rate of -1.4%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a compound annual growth rate of 8% from 2021 and reach $588.1 billion in 2023.
Read More On The Global Transit And Ground Passenger Transport Market Report At – https://www.thebusinessresearchcompany.com/report/transit-and-ground-passenger-transport-global-market-report-2020-30-covid-19-impact-and-recovery
The transit and ground passenger transport market consists of sales of transit and ground passenger transportation services by entities (organizations, sole traders and partnerships) that provide a variety of passenger transportation services, such as urban transit systems, chartered buses, school buses, and interurban bus transportation.
Global Transit And Ground Passenger Transport Market Segmentation –
1) By Type: Commuter Rail And Public Bus Services, Taxi And Limousine Services, School And Employee Bus Services, Charter Bus Services,
Global Transit And Ground Passenger Transport Market Driver –
The Shared transportation system is growing in transit and ground passenger transportation industry owing to cost benefits this system offers to citizens. Shared transportation combines passenger transportation services such as drivers, taxis, bikes, and buses under a single platform.
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Few Points From The Global Transit And Ground Passenger Transport Market TOC
1. Executive Summary
2. Report Structure
3. Transit And Ground Passenger Transport Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Transit And Ground Passenger Transport Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Transit And Ground Passenger Transport Market Supply Chain
5.1. Supply Chain
5.2. Distribution
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