Bus & Tramway Operations in the UK - IBISWorld Industry Market Research

Bus & Tramway Operations in the UK

Bus & Tramway Operations in the UK - IBISWorld Industry Market Research
Bus & Tramway Operations in the UK
Published May 26, 2015
28 pages — Published May 26, 2015
Price US$ 875.00  |  Buy this Report Now

About This Report


Although income from passengers contributes the majority of revenue in the Bus and Tramway Operations industry, the industry also relies heavily on government subsidies. Subsidies come from local government authorities, public transport executives and the national government. Since the coalition government came into power in 2010, the industry's subsidies have been cut substantially. In response, many operators have scrapped or scaled back uneconomical bus routes that had previously been subsidised by local authorities. This has had a negative effect on the industry over recent years and the trend is expected to continue in the short term.

This industry provides passenger transport on urban or suburban transport systems using buses and tramways. Operators work to a schedule and usually pick up and deposit passengers at fixed stops.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Bus & Tramway Operations in the UK" May 26, 2015. Alacra Store. Oct 25, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Bus-Tramway-Operations-in-the-UK-2042-2251>
IBISWorld Industry Market Research. (2015). Bus & Tramway Operations in the UK May 26, 2015. New York, NY: Alacra Store. Retrieved Oct 25, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Bus-Tramway-Operations-in-the-UK-2042-2251>
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