Argentina Public Transportation Market Size & Outlook
Argentina public transportation market, 2018-2030 (US$M)
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Argentina public transportation market highlights
- The Argentina public transportation market generated a revenue of USD 3,096.4 million in 2023 and is expected to reach USD 4,990.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2023.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
Public transportation market data book summary
| Market revenue in 2023 | USD 3,096.4 million |
| Market revenue in 2030 | USD 4,990.2 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Online, Offline |
| Key market players worldwide | Deutsche Bank AG, MTR Corp Ltd, Southern California Institute of Technology, Tobu Railway Co Ltd, Greater London Authority, East Japan Railway Co, Metropolitan Transportation Authority, STIB-MIVB, c2c Ltd, Rethmann AG & Co. KG |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.4% of the global public transportation market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil public transportation market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 4,990.2 million by 2030.
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Public Transportation Market Scope
Public Transportation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina public transportation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to public transportation market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 82.61% in 2023. Horizon Databook has segmented the Argentina public transportation market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
The expansion of road networks, rising adoption of electric vehicles, and increasing government alliances with domestic and foreign organizations are expected to fuel the growth of the public transportation market in Argentina over the forecast period.
In January 2022, the government of Argentina signed three Memorandum of Understanding (MoU) with the representatives of China to initiate three rail projects as a part of the Argentina Rail Modernization Plan (ARMP). Under this agreement, China Railway International Group (CRIG) covered the rehabilitation of two tracks, electrification, and installation of signaling systems on different rail lines.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina public transportation market , including forecasts for subscribers. This country databook contains high-level insights into Argentina public transportation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina public transportation market size, by distribution channel, 2018-2030 (US$M)
Argentina Public Transportation Market Outlook Share, 2023 & 2030 (US$M)
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