Commuter rail and public bus services market includes sub sections of urban transit systems, interurban and rural bus transportation and other urban transportation such as light rail, subways and streetcars, and buses.
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The global commuter rail and public bus services market was valued at $336 billion in 2017, and is expected to be driven by government investments in urban transit systems (interurban and rural bus transportation systems). Also, strong economic growth in developing countries add to the growth in the market. Western Europe was the largest geographic region accounting for over 33% of the global market share.
The commuter rail and public bus services market in The Business Research Company’s report is segmented into commuter rail services (metro and MMTS) and public bus services.
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The USA was the largest country in the market, accounting for around 13% of the global commuter rail and public bus services market in 2017.
The top five competitors of the market are East Japan Railway, MTR, Central Japan Railway, Canadian Pacific Railway, and West Japan Railway. East Japan Railway was the biggest player in commuter rail and public bus services market in 2017. The company operates as a passenger railway company in Japan, through three segments retail & services, transportation, and real estate & hotels. It is also involved in information processing, credit card, and other businesses. It is based in Tokyo, Japan.
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