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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 | Feb 2017

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

The Public Transportation market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 12-17
1.0%
Annual Growth 17-22
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Profit
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Employment
64,652
Businesses
93
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 - Starting a New Business Chapter

Barriers to entry in the Public Transportation industry are high. In order to compete in the industry, an operator must construct, or have access to, large areas of tracks and infrastructure. Infrastructure can cost billions of dollars, representing a significant barrier for most potential entrants. Further raising barriers is the composition of participants. The main players in the industry are government-subsidized transit systems, such as the Toronto Transit Commission. Due to their subsidized nature, many players do not rely solely on fare revenue to fund operations. As a result, operators subsidized by the government are able to offer fares at a significantly lower rate than nonsubsidized companies.

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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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