$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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