Increasing congestion and expanding networks have driven growth in the Urban Bus and Tramway Transport industry over the past five years. The industry is dominated by commuter transport services, with charter services making up a minor area of industry activity. Industry revenue is forecast to rise steadily over the five years through 2014-15, growing at a compound annual rate of 4.6%. Revenue is forecast to increase by 2.1% in 2014-15, to reach $5.7 billion. Strong growth in demand for commuter transport and investment in new services, infrastructure and rolling stock capacity has underpinned industry performance.
Companies in the Urban Bus and Tramway Transport industry operate urban buses and tramways for the transportation of passengers.
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.