U.S. Public Transportation Market Size & Outlook
U.S. public transportation market, 2018-2030 (US$M)
Related Markets
U.S. public transportation market highlights
- The U.S. public transportation market generated a revenue of USD 19,849.6 million in 2023 and is expected to reach USD 30,205.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.2% 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 19,849.6 million |
| Market revenue in 2030 | USD 30,205.1 million |
| Growth rate | 6.2% (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, U.S. accounted for 8.9% 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 |
|---|
U.S. 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 82.35% in 2023. Horizon Databook has segmented the U.S. public transportation market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
Transportation is the second largest household expense for American families, thus government across the country is planning various investments to provide affordable and accessible transit facilities to the residents.
Key companies such as Southern California Regional Rail Authority (SCRRA) (Metrolink), operating in the public transportation segment, introduced several loyalty programs to attract new ridership in the U.S.
For instance, in 2021, SCRRA launched the SoCal Explorer Loyalty Program to strengthen its relationship with its riders. With this initiative, riders were able to earn one point per dollar they spend as well as buy Metrolink tickets and other items from merchandise stores.
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Our clientele includes a mix of public transportation market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. public transportation market , including forecasts for subscribers. This country databook contains high-level insights into U.S. public transportation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. public transportation market size, by distribution channel, 2018-2030 (US$M)
U.S. Public Transportation Market Outlook Share, 2023 & 2030 (US$M)
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