Yahoo Finance $540+ Billion Growth Opportunities in the Evolving Public Transport Landscape to 2030
Dublin, Sept. 22, 2023 (GLOBE NEWSWIRE) -- The "Growth Opportunities in the Evolving Public Transport Landscape, 2030" report has been added to ResearchAndMarkets.com's offering.
The public transport market is estimated to exceed $540 billion by 2030, driven by advancements in technology, sustainability goals, passenger-centric approaches, and collaborative efforts. The integration of technology, sustainable practices, and MaaS platforms are reshaping the way people travel, making public transportation more efficient, accessible, and environment-friendly.
Public transportation plays a crucial role in addressing the challenges of urban mobility, sustainability, and connectivity. Across the world, various emerging trends are shaping the future of public transportation systems. This study explores some of these key trends, highlighting their potential impact on transportation networks and the overall passenger experience.
One prominent trend is the integration of technology and data-driven solutions. Intelligent transportation systems are being adopted to optimize operations, improve service reliability, and enhance the overall efficiency of public transportation. Real-time passenger information systems, mobile apps, and smart ticketing solutions enable travelers to access up-to-date information, plan their journeys, and seamlessly pay for fares. Cutting-edge technologies, such as artificial intelligence, data analytics, and the Internet of Things (IoT), are revolutionizing the transportation landscape by optimizing it and enabling a more connected and efficient mobility ecosystem.
Another important trend is the focus on sustainability and electrification. With increasing concerns about climate change and air pollution, public transportation systems are transitioning towards greener and more sustainable options. Electrification of buses and trains, along with the integration of shared mobility services, such as micro-mobility sharing and DRT, provides additional eco-friendly transportation options.
Mobility-as-a-Service (MaaS) is also gaining traction. Through a single app or platform, travelers can plan, book, and pay for their entire journey, combining multiple modes such as public transport, ride sharing, bike sharing, and even micro-mobility options. MaaS holds the potential to enhance the overall travel experience, increase ridership, and reduce private car usage by offering personalized, on-demand transportation solutions. Consumer preferences are shifting towards mobility options that offer flexibility and personalized experiences.
Growth Opportunity Universe
Investment in Infrastructure
Push for Electric and Alternative Fuel Vehicles
Technology Convergence and Stakeholder Collaboration
Research Highlights
Strategic imperatives and growth environment
Key industry drivers and challenges
Competitive benchmarking of the public transport operators in each region
Key Issues Addressed
What are the key trends that will drive the public transport landscape?
The size of the public transport market at a global and a regional level
What strategies can make public transport successful?
Key elements of an evolving public transport landscape?
Key Topics Covered:
1. Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top 3 Strategic Imperatives on the Public Transport Industry
Growth Opportunities Fuel the Growth Pipeline Engine
2. Growth Opportunity Analysis
Scope of Analysis
Where Does Public Transportation Fit In?
Definition and Segmentation
Regions
Why is Public Transport Important in Cities?
Major Stakeholders
Key Definitions
Key Competitors
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Assumptions
Gross Market Revenue (GMR) Forecast
Gross Market Revenue (GMR) Forecast by Region
GMR Forecast Analysis
Pricing Trends and Forecast Analysis
Public Transport Maturity Index
Zero-carbon Deadlines Driving Government Focus on Public Transport
Pressure to Meet the Zero-carbon Deadlines
Competitive Environment
3. Key Elements of Evolving Public Transportation
Key Elements of the Evolving Public Transport Landscape
Key Trends Defining the Public Transport Market
Digitization of Public Transport Ticketing
DRT Technology and Public Transport - A Promising Duo
Global Transport Electrification Projects
Evolving Toward Urban Mobility Operating Systems
Integrated Mobility and Public Transport
Accessibility and Inclusivity of Public Transport
4. Public Transport Landscape, Europe
Growth Metrics
Gross Market Revenue (GMR) Forecast
Forecast Analysis
European Strategies for Encouraging Public Transportation
Competitive Benchmarking
Case Study - TfL: Increasing Modal Share
5. Public Transport Landscape, North America
Growth Metrics
Gross Market Revenue (GMR) Forecast
Forecast Analysis
North American Strategies for Encouraging Public Transportation
Competitive Benchmarking
Case Study: New York
6. Public Transport Landscape, APAC
Growth Metrics
Gross Market Revenue (GMR) Forecast
Forecast Analysis
APAC Strategies for Encouraging Public Transportation
Competitive Benchmarking
Case Study - TfNSW Australia: Integrated Mobility
7. Public Transport Landscape, Rest of World
Growth Metrics
Gross Market Revenue Forecast
Forecast Analysis
Key Strategies for Encouraging Public Transportation
Competitive Benchmarking
Case Study - TransMilenio, Bogota: Modern Bus System
For more information about this report visit https://www.researchandmarkets.com/r/exr5lp
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