research
AnythingResearch
Industry Data & Market Research
AnythingResearch

2024 U.S. Industry Statistics & Market Forecast - Urban Transit Systems


Market Size & Industry Statistics

The total U.S. industry market size for Urban 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.

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

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
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



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 (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The Urban Transit Systems industry is undergoing a transformative shift due to several key trends. Firstly, the rise of sustainable urban mobility has resulted in a growing focus on low-emission and zero-emission transportation options such as electric vehicles, buses, and trains. Governments around the world are investing in infrastructure to support the development of low-carbon transit systems, including bike lanes, dedicated bus lanes, and commuter rail services.

Secondly, the advent of new digital technologies is transforming urban transportation systems. The rise of the sharing economy has resulted in the development of on-demand ride-sharing platforms, such as Uber and Lyft, as well as carpooling apps, which have disrupted the traditional taxi industry. In addition, advanced analytics and machine learning are being used to optimize transit routes, passenger flows, and other operational aspects of urban transport systems.

Thirdly, demographic shifts are also having a significant impact on urban transit systems. As cities become more densely populated, there is a growing need for high-capacity transit networks, such as subways and light rail systems, to cope with rising demand. This trend is particularly evident in developing countries, where rapid urbanization is placing significant strain on existing transit infrastructure.

Overall, the Urban Transit Systems industry is undergoing significant change and innovation as a result of these and other trends. To remain competitive and sustainable, companies in the industry must stay alert to these developments and continue to invest in R&D and innovation.



Product & Services Breakdown

Research products and services in the Urban Transit Systems industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Local, Fixed-Route Passenger Transportation By Road And Transit Rail

Local, Fixed-Route, Passenger Transportation On Common Carrier Road And Transit Rail Systems

Local, Fixed-Route Passenger Transportation By Road, Except School And Common Carrier Routes



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.

U.S. map by state

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 AveragePercent of Sales
(Industry Benchmark)
Total Revenue

Order at top of page
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
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Urban Transit Systems company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry 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 Urban Transit Systems industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
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).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Urban Transit Systems measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry 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.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry 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.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
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.



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.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 2%

Order at top of page
General and Operations Managers1%
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%
Source: Bureau of Labor Statistics


Urban Transit Systems Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Urban 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 Urban 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 Urban Transit Systems industry.
Source:
IncFact




Innovation News



Recent Federal Contracts for Urban Transit Systems

  • Apr 02, 2024: MISCELLANEOUS FOREIGN AWARDEES (Washington, DC) awarded $75,320
  • Apr 01, 2024: FLIX NORTH AMERICA INC (Dallas, TX) awarded $7,000
  • 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 26, 2024: AIRPORT METRO CONNECTION, INC. (Hyattsville, MD) awarded $370,548
  • Mar 25, 2024: PHOENIX, CITY OF (Phoenix, AZ) awarded $175,000