Market revenue in 2023 | USD 101,182.6 million |
Market revenue in 2030 | USD 173,438.5 million |
Growth rate | 8% (CAGR from 2023 to 2030) |
Largest segment | Offline |
Fastest growing segment | Online |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 82.27% in 2023. Horizon Databook has segmented the Asia Pacific public transportation market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
The stringent emission norms and regulations, supportive government policies, and development of charging infrastructure have fostered the growth of the public transportation market in Asia Pacific. Furthermore, the increasing pollution levels and the adverse effects of greenhouse gas emissions on the environment have propelled the demand for environmental-friendly vehicles in the region.
Governments of various countries in the region have announced tax exemptions and subsidies on the purchase of electric buses to promote green transportation. This initiative is fueling the manufacturing of electric buses, which is driving the growth of the Asia Pacific public transportation market.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific public transportation market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific public transportation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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