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one year ago

Transit And Ground Passenger Transport Global Market Report

AP 
Jul 16, 2021 (Ireland)

DUBLIN--(BUSINESS WIRE)--Jul 16, 2021--

The “Transit And Ground Passenger Transport Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report has been added to ResearchAndMarkets.com’s offering.

The global transit and ground passenger transport market is expected to grow from $412.97 billion in 2020 to $460.48 billion in 2021 at a compound annual growth rate (CAGR) of 11.5%.

Transit and Ground Passenger Transport Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global transit and ground passenger transport market as it emerges from the COVID-19 shut down.

Major companies in the transit and ground passenger transport market include Transport For London; Metropolitan Transportation Authority; MTR Corporation; Guangzhou Metro and Madrid Metro.

The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $634.99 billion in 2025 at a CAGR of 8%.

Source:

https://apnews.com/press-release/business-wire/business-health-coronavirus-pandemic-12ce4710ef12478091beea9d0b43567a

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