Learn about the global commuter rail and public bus services market through The Business Research Company, which provides information on commuter rail and public bus services market size, commuter rail and public bus services market drivers and restraints, commuter rail and public bus services market players, the COVID-19 impact on the commuter rail and public bus services market, and more.

The global commuter rail and public bus services market size is expected to grow from $323.8 billion in 2021 to $360.3 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The commuter rail and public bus services market is then expected to grow to $530.79 billion in 2026 at a CAGR of 10.2%.

The commuter rail and public bus services market growth is aided by stable economic growth forecasted in many developed and developing countries.

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The commuter rail and public bus services market consists of sales of commuter rail and public bus services and related goods by entities (organizations, sole traders, and partnerships) that operate local and suburban ground passenger transit systems using more than one mode of transport over regular routes and on regular schedules within a metropolitan area and its adjacent nonurban areas. Commuter rail is usually characterized by reduced fares, multiple rides, and commutation tickets, and is mostly used by passengers during the morning and evening peak periods.

Global Commuter Rail And Public Bus Services Market Segments Include:

By Type: Commuter Rail Services (Metro and MMTS), Public Bus Services

By Distance: Long-Distance, Short-Distance

By Application: Adults, Children

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the commuter rail and public bus services market in 2021.

Many bus service providers are introducing hybrid buses to reduce carbon emissions. Buses are generally powered using diesel which releases CO2 emissions to the environment. On the contrary, hybrid buses utilize alternate fuel and do not require heavy investment like electric buses. A hybrid bus is powered by two alternate fuels or fuel combined with electricity, diesel-natural gas, or diesel-electric. In addition to that, these buses offer a quieter experience and reduced maintenance costs.

TBRC’s commuter rail and public bus services market report covers:

Major Market Players: Metropolitan Transportation Authority, Transport International Holdings Limited, Transport for London (TFL), Duetsche Bahn AG, FirstGroup PLC, MTR Corp ltd, ComfortDelGro Corporation, Stagecoach Group plc, Guangzhou Metro, and Kyushu Railway Company.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Commuter Rail And Public Bus Services Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides commuter rail and public bus services market overviews, analyzes and forecasts market size, share, commuter rail and public bus services market players, commuter rail and public bus services market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s commuter rail and public bus services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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