(Entertainment-NewsWire.com, February 14, 2019 ) The Business Research Company’s commuter rail and public bus services global market report covers the year-on-year growth of the global commuter rail and public bus services market historic and forecast growth. It also includes chapters on the commuter rail and public bus services market trends, geographical analysis, and competitive landscape.
The commuter rail and public bus services market size is expected to reach a higher value by 2022, growing at a steady CAGR during the forecast period.
Commuter rail and public bus services Market Trends The commuter rail and public bus services market consists of sales of commuter rail and public bus services by entities (organizations, sole traders and partnerships) that operate local and suburban ground passenger transit systems using more than one mode of transport over regular routes and on regular schedules within a metropolitan area and its adjacent nonurban areas. Commuter rail is usually characterized by reduced fares, multiple ride and commutation tickets, and mostly used by passengers during the morning and evening peak periods. In Transit entertainment services are increasingly being offered by public transportation companies to enhance passenger ride experience. Most common in transit entertainment services include Wi-Fi and video on demand services which are either offered for free or offered at affordable rates. In transit-entertainment amenities add value to customers’ overall travel experience. For example, all of New York's underground subway stations were equipped with Wi-Fi, in January 2017. Similarly, communications infrastructure company CIVIQ Smartscapes installed over 1,000 Wi-Fi devices in public transit vehicles and 51 additional Wi-Fi devices for transit stations in Miami-Dade County, Florida, in 2017. Ola Cab, the largest on demand cab transportation service provider in India is offering in cab entertainment through Ola Play platform which provides music, TV shows and radio in the cab. The global commuter rail and public bus services market is primarily driven by increasing investments in metro systems globally.
The global commuter rail and public bus services market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters. With increasing government investments in urban transit systems, the global commuter rail and public bus services market is expected to increase in potential and scope. TBRC’s report also covers the commuter rail and public bus services drivers and restraints in the market. The global commuter rail and public bus services market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates. The top companies included in the global commuter rail and public bus services market report are East Japan Railway, MTR, Central Japan Railway, Canadian Pacific Railway, and West Japan Railway.
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