Public Transport Industry Forecast to 2030
Market Overview Public Transport Market is projected to be worth USD 1100 Billion by 2027, registering a CAGR of 6% during the forecast period (20 23 -2030). The expansion of the Public Transport global Market can be attributed to increase in public transport lately. The rise in population base, along with rapid growth of cities can drive the expansion of the world public transport market in the years to come. The growing need for safe and efficient public transport solutions, to achieve sustainable economic rise is another factor that can boost the expansion of the market in the years to come. Escalating investments made for public transpor t marke t developments to prevent traffic congest ions can support the rise of the market. The growing need to control emissions from private automobile can boost the expansion of the regional public transport market. High funding to building new transport facilities and upgrade existing infrastructure can promote the expansion of the world