Latin America Public Transportation Market Size & Outlook
Latin America Public Transportation Market, 2018-2030 (US$M)
Global Market
Related Markets
Latin America public transportation market highlights
- The Latin America public transportation market generated a revenue of USD 13,094.1 million in 2023.
- The market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2023.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 13,094.1 million |
| Market revenue in 2030 | USD 20,440.4 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Online, Offline |
| Key market players worldwide | Deutsche Bank AG, MTR Corp Ltd, Southern California Institute of Technology, Tobu Railway Co Ltd, Greater London Authority, East Japan Railway Co, Metropolitan Transportation Authority, STIB-MIVB, c2c Ltd, Rethmann AG & Co. KG |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.8% of the global public transportation market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 173,438.5 million by 2030.
The increasing parking issues, rising demand for efficient transportation, lesser availability of transportation in undeveloped areas, high traffic congestion, and rapid demand for investments in areas such as public transportation and infrastructure facilities are driving the growth of the market in the region.
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Public Transportation Market Scope
Public Transportation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Southern California Institute of Technology | View profile | 11-50 | Anaheim, California, United States, North America | www.scitech.edu/ |
| Deutsche Bank AG | View profile | 90,130 | Taunusanlage 12, Frankfurt am Main, HE, Germany, 60325 | www.db.com |
| MTR Corp Ltd | View profile | 33,405 | 33 Wai Yip Street, MTR Headquarters Building, GPO Box 9916, Telford Plaza, Kowloon Bay, Kowloon, Hong Kong, Hong Kong | www.mtr.com.hk |
| Tobu Railway Co Ltd | View profile | 30,055 | 1-2 1-2 Oshiage, Sumida-ku, Tokyo, Japan, 131-8522 | www.tobu.co.jp |
| Greater London Authority | View profile | 1001-5000 | London, England, United Kingdom, Europe | www.london.gov.uk/ |
| East Japan Railway Co | View profile | 93,425 | 2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, Japan, 151-8578 | www.jreast.co.jp |
| Metropolitan Transportation Authority | View profile | 10001+ | New York, New York, United States, North America | mta.info |
| STIB-MIVB | View profile | 5001-10000 | Brussels, Brussels Hoofdstedelijk Gewest, Belgium, Europe | www.stib-mivb.be |
| c2c Ltd | View profile | 501-1000 | London, England, United Kingdom, Europe | www.c2c-online.co.uk/ |
| Rethmann AG & Co. KG | View profile | 251-500 | Selm, Nordrhein-Westfalen, Germany, Europe | www.rethmann-gruppe.de |
Latin America Public Transportation Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Public Transportation Market Outlook will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 82.59% in 2023.
Horizon Databook has segmented the Latin America public transportation market based on online, offline covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing parking issues, rising demand for efficient transportation, lesser availability of transportation in undeveloped areas, high traffic congestion, and rapid demand for investments in areas such as public transportation and infrastructure facilities are driving the growth of the market in the region.
- Latin America Public Transportation Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Online
- Offline
- Latin America Public Transportation Market Mode Type Outlook (Revenue, USD Million , 2018-2030)
- Road
- Rail
- Other (Water, Cable car, etc)
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Public Transportation Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Public Transportation Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Public Transportation Market, 2018-2030 (US$M)
Latin America public transportation market statistics, by distribution channel, 2018-2030 (US$M)
