Double Growth Expected In Ground Passenger Transportation Market As Per TBRC?sPosted by sainath on September 5th, 2018 The transit and ground passenger transportation industry includes companies offering passenger transportation services, such as urban transit systems, taxis, and chartered bus, school bus, and interurban bus transportation. This industry includes both government and private operated transportation systems. Order report at The global transit and ground passenger transportation market has shown little growth in the past years with a CAGR of just over 3.5%. The year 2017 recorded highest ever growth in this market with a net value of above USD 500 billion as per TBRC’s in-house consultants. TBRC’s latest report show the trends in the market for each year. The report also shows the transit and ground passenger transportation market to grow at double the CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate. Download sample report at https://www.thebusinessresearchcompany.com/sample.aspx?id=5&type=smp Double growth in this sector is expected after considering a number of reasons and upcoming changes globally, which include lower fuel prices in coming years, strong economic growth in countries such as China and India during the forecast period, government investments in urban transit systems, and strategic partnerships of private transit service providers with government, especially in Asia. TBRC’s latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market. The top 5 companies included in the report are Transport For London, Metropolitan Transportation Authority, MTR Corporation, Washington Metropoliton Transit, and Madrid Metro. About The Business Research Company. The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally. Contact Information The Business Research Company Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Like it? Share it! More by this author |