Public Transportation in Mexico - Industry Market Research Report

Unexpected delays: Rising car use will cause the industry to continue its decline

Public Transportation in Mexico
Over the five years to 2019, the Public Transportation industry in Mexico has experienced a decline in revenue to increased private automobile use (as measured by motor vehicle registrations), which provides a substitute for public transportation services. As automobile use has increased, public transportation systems' revenue from passenger fares has declined. Over the five years to 2024, the industry is expected to continue to decline, as private automobile use continues to grow.This industry comprises establishments dedicated primarily to the urban and suburban collective transport of passengers in buses, automobiles, cable cars, trolley buses, light trains and metro systems, with regular schedules and fixed routes, circulating in the urban or metropolitan area of a population. The industry excludes establishments primarily engaged in passenger transport by rail, taxis and other tourist and recreational transport. 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.