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2024 U.S. Industry Statistics & Market Forecast - Mixed Mode Transit Systems
Market Size & Industry Statistics
The total U.S. industry market size for Mixed Mode Transit Systems:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|
| Market Forecast ($ millions) | ||||||
| Projected Industry Growth Rate (%) | ||||||
Industry Insights
Mixed mode transit systems are becoming increasingly popular in urban areas as they offer convenient and cost-effective transportation options to commuters. Some of the key trends shaping the industry include:1. Rise of electric vehicles: With the growing concern about carbon emissions and environmental impact, electric vehicles are gaining popularity in mixed mode systems. Their low operating costs and silent operation make them ideal for urban transportation.
2. Integration with rider-sharing services: Many cities are now integrating mixed mode transit systems with ride-sharing services like Uber and Lyft. This integration allows for better coordination between public and private transportation providers, making it easier for commuters to get to their destinations.
3. Increased focus on last-mile connectivity: Transportation planners are increasingly looking for ways to provide better last-mile connectivity. This involves integrating various modes of transportation, including cycling, walking, and micro-mobility options like e-bikes and e-scooters.
4. Use of data analytics: Data analytics is becoming increasingly important in managing mixed mode transit systems. Real-time data on passenger flows and utilization can help transportation providers optimize their routes and improve customer satisfaction.
5. Adoption of automation: Autonomous vehicles and other forms of automation are being explored in many cities as a way to improve the efficiency of mixed mode transit systems. These technologies have the potential to reduce labor costs and improve safety on the roads.
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) | |
|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Mixed Mode Transit Systems company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Mixed Mode Transit Systems industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Mixed Mode Transit Systems measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 2% | Order at top of page |
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| General and Operations Managers | 1% | |||
| Office and Administrative Support Occupations | 9% | |||
| Installation, Maintenance, and Repair Occupations | 10% | |||
| Vehicle and Mobile Equipment Mechanics, Installers, and Repairers | 6% | |||
| Bus and Truck Mechanics and Diesel Engine Specialists | 6% | |||
| Bus and Truck Mechanics and Diesel Engine Specialists | 6% | |||
| Transportation and Material Moving Occupations | 74% | |||
| Motor Vehicle Operators | 66% | |||
| Passenger Vehicle Drivers | 62% | |||
| Bus Drivers, Transit and Intercity | 55% | |||
Mixed Mode Transit Systems Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Mixed Mode Transit Systems industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Mixed Mode Transit Systems industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Mixed Mode Transit Systems industry. |
Source:
Innovation News
- Feb 10, 2023: Proterra trademarks "PROTERRA APEX" - Software as a service (SAAS) services featuring software for the onboard and remote monitoring, maintenance, managing, and diagnostics of vehicles and vehicle fleets operations, performance, energy usage, and battery charge, and for the operation and control of charging stations and systems
- Oct 05, 2022: Proterra trademarks "REVOLUTIONIZING TRANSIT" - design consulting services in the fields of motor vehicles, battery-electric systems and fuel efficiency, and autonomous vehicle systems; design consulting services in the fields of electric charging systems and infrastructure for rechargeable vehicles, vehicle fleets, fleet management, energy storage appliances, and control systems for rechargeable equipment; design consulting services in the fields of batteries, battery thermal management, battery monitoring systems; engineering services for others
- Apr 01, 2021: Proterra patents Battery Cassette
- Apr 01, 2021: Proterra patents Battery Cassette
- Mar 18, 2021: Proterra patents Electric Vehicles And Charging Stations
- May 31, 2020: Proterra trademarks "APEX" - Software as a service (SAAS) services featuring software for the onboard and remote monitoring, maintenance, managing, and diagnostics of vehicles and vehicle fleet operations, performance, energy usage, and battery charge, and for the operation and control of charging stations and systems
Recent Federal Contracts for Mixed Mode Transit Systems- Apr 01, 2024: WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY (Washington, DC) awarded $5,508
- Mar 29, 2024: CLARK COUNTY PUBLIC TRANSPORTATION BENEFIT AREA AUTHORITY (Vancouver, WA) awarded $16,844
- Mar 25, 2024: PHOENIX, CITY OF (Phoenix, AZ) awarded $175,000
- Mar 22, 2024: DELAWARE VALLEY REGIONAL PLANNING COMMISSION (Philadelphia, PA) awarded $117,785
- Feb 16, 2024: REGIONAL TRANSPORTATION DISTRICT (Denver, CO) awarded $38,965
- Jan 30, 2024: TRI-COUNTY METROPOLITAN TRANSPORTATION DISTRICT OF OREGON (Portland, OR) awarded $68,125
- Apr 01, 2024: WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY (Washington, DC) awarded $5,508
- Mar 29, 2024: CLARK COUNTY PUBLIC TRANSPORTATION BENEFIT AREA AUTHORITY (Vancouver, WA) awarded $16,844
- Mar 25, 2024: PHOENIX, CITY OF (Phoenix, AZ) awarded $175,000
- Mar 22, 2024: DELAWARE VALLEY REGIONAL PLANNING COMMISSION (Philadelphia, PA) awarded $117,785
- Feb 16, 2024: REGIONAL TRANSPORTATION DISTRICT (Denver, CO) awarded $38,965
- Jan 30, 2024: TRI-COUNTY METROPOLITAN TRANSPORTATION DISTRICT OF OREGON (Portland, OR) awarded $68,125
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