Over the five years through 2023-24, revenue is projected to contract at a compound annual rate of 1.5% to £7.3 billion. The COVID-19 outbreak led to a collapse in passenger demand during 2020-21, leading to most of the industry's decline over the period. The industry has increasingly relied on subsidies from local authorities, public transport executives and the national government to survive through COVID-19 disruptions.All aboard: Inflationary pressures are encouraging more and more people to hop on buses and trams in 2023-24
This industry provides passenger transport on urban, suburban or metropolitan transport systems. Modes of transport include buses and tramways, but exclude underground and metro railway systems and coach operations. Operators transport on scheduled routes with fixed stops.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- FirstGroup plc
- Stagecoach Group Ltd
- Go-Ahead Group plc
- Metroline Ltd
- Arriva plc
Methodology
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