Covid 19 Impact On Transit And Ground Passenger Transport Market 2020 Trends With Top Key Players Transport For London; Metropolitan Transportation Authority; MTR Corporation; Guangzhou Metro; Madrid Metro

The Business Research Company offers "Transit And Ground Passenger Transport Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global transit and ground passenger transport market is expected to decline from $479.4 billion in 2019 to $472.9 billion in 2020 at a compound annual growth rate (CAGR) of -1.4%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $588.1 billion in 2023.

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The transit and ground passenger transport market consists of sales of transit and ground passenger transportation services by entities (organizations, sole traders and partnerships) that provide a variety of passenger transportation services, such as urban transit systems, chartered buses, school buses, and interurban bus transportation.

Shared transportation system is growing in transit and ground passenger transportation industry owing to cost benefits this system offers to citizens. Shared transportation combines passenger transportation services such as drivers, taxis, bikes, and buses under a single platform. Its members can avail services of a transportation system by paying a subscription fee or a one-time fare, as well as can earn money by sharing their own vehicles. For instance, in 2013, US-based startup Downtown Project launched the Project 100 transportation system for Las Vegas. It is a complete transportation system that allows users to borrow bikes, shuttles, and small electric cars, and gets a driver by paying a subscription fee. Other examples include ride sharing companies such as BlaBlaCar and Drivezy, which allow users to rent vehicles of their choice by paying a membership fee or fare. Uber, on demand cab transportation service provider is also offering shared ride service known as uberPOOL.

Transit And Ground Passenger Transport Market Segmentation: -
By Type
Commuter Rail And Public Bus Services
Taxi And Limousine Services
School And Employee Bus Services
Charter Bus Services
Others - Transit And Ground Passenger Transport

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Transit And Ground Passenger Transport Market Characteristics
4. Transit And Ground Passenger Transport Market Product Analysis
5. Transit And Ground Passenger Transport Market Supply Chain
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20. Transit And Ground Passenger Transport Market Competitive Landscape
21. Key Mergers And Acquisitions In The Transit And Ground Passenger Transport Market
22. Market Background: Transport Services Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The report covers the trends and market dynamics of the Transit And Ground Passenger Transport Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Transit And Ground Passenger Transport Market are Transport For London; Metropolitan Transportation Authority; MTR Corporation; Guangzhou Metro; Madrid Metro

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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