Key Market Indicators
Germany is expected to be the world's seventh-largest passenger transport market in 2026, with revenues of around $18 billion. This is a slight increase from 2021, when its revenues were estimated at $16.4 billion. However, German passenger transport expenditure is set to decline by 4.6% year on year CAGR from $6.8 billion in 2021 to $5.2 billion in 2026. Since 2013, German demand has fallen by 1.9% year on year. Meanwhile, the United Kingdom, France and Canada respectively came in at numbers two, three and four in this ranking. Japan overtook Germany in 2021, with expenditure of $6.8 billion.