Canada Public Transportation Market Size & Outlook
Canada public transportation market, 2018-2030 (US$M)
Related Markets
Canada public transportation market highlights
- The Canada public transportation market generated a revenue of USD 9,801.3 million in 2023 and is expected to reach USD 17,387.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.5% 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 9,801.3 million |
| Market revenue in 2030 | USD 17,387.3 million |
| Growth rate | 8.5% (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, Canada accounted for 4.4% 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 North America, U.S. public transportation market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 17,387.3 million by 2030.
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Public Transportation Market Scope
Public Transportation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 82.55% in 2023. Horizon Databook has segmented the Canada public transportation market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing number of government initiatives in transportation infrastructure is expected to propel the growth of the Canadian public transportation market over the forecast period. In February 2021, the Canadian government announced the funding of USD 14.9 billion for public transportation projects in the next eight years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada public transportation market , including forecasts for subscribers. This country databook contains high-level insights into Canada public transportation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada public transportation market size, by distribution channel, 2018-2030 (US$M)
Canada Public Transportation Market Outlook Share, 2023 & 2030 (US$M)
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