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Public Transportation in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Public Transportation in Canada Market Research Report | NAICS 48511CA | Dec 2015

Mind the gap: Strong government spending will continue to offset operating losses

IBISWorld’s Public Transportation market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$13bn
Annual Growth 10-15
0.9%
Annual Growth 15-20
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Profit
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Employment
60,718
Businesses
84
Industry Analysis & Industry Trends

Participants in the Public Transportation industry operate passenger transit systems over fixed-routes and regular schedules within a metropolitan area. Due to the high capital cost associated with running a large public transportation system, industry operators rely heavily on government subsidies, and over the past five years government stimulus programs have fuelled industry revenue growth. In addition, ridership rates have been positively affected over the past five years by several key trends, including a rise in the price of oil and a lower unemployment rate. In the next five years, IBISWorld expects both government funding and ridership rates to continue to increase... purchase to read more

Industry Report - Industry Products Chapter

Buses

Bus services are the most common and popular form of public transportation in Canada. Buses require very little infrastructure and generally run on roads shared with other vehicles. Since buses require very little infrastructure investment, capital cost tends to be fairly low relative to other modes of transportation, making this a popular choice for municipalities. However, relative to subways, seating capacity on buses is limited. Some towns are seeking to combat this problem by investing in larger buses. The Toronto Transit Commission recently made a large purchase order for buses that are 20 feet longer than current buses. In 2015, buses are expected to account for 45.9% of industry revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Public Transportation Industry?

This industry operates local and suburban passenger transit systems. This includes light rail, subways, streetcars and buses. These establishments operate with fixed routes and schedules, and enable passengers to pay on a per-trip basis (whether or not they also accept payment methods such as monthly passes).

Industry Products
BusesHeavy railStreetcars
 
Industry Activities
Operating heavy rail systems (e.g. metro and subway systems)Operating light rail systems (e.g. streetcar, tramway or trolley)Operating commuter transit systemsOperating mixed mode transit systems (e.g. bus, commuter rail and subway combinations)Operating commuter and local bus operations


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