Forecast: Production Value of Urban and Suburban Passenger Land Transport in Denmark

Over the past decade, the production value of urban and suburban passenger land transport in Denmark has shown a steady upward trend. After a significant decline by 14.41% in 2013, the market bounced back by 57.22% in 2014. This recovery set a precedent for stable growth in subsequent years, with slight fluctuations. By 2023, the production value stood at 2.93 Billion Euros, marking an increase of 3.73% year-on-year from 2022. Over the last five years, the average annual growth rate (CAGR) was 3.94%.

Looking ahead from 2024, forecast data suggest continued growth, with the production value expected to reach 3.44 Billion Euros by 2028, reflecting a 5-year CAGR of 2.54% and a total growth of 13.39% over the period.

Future trends to watch for include:

  • Technological advancements in transport infrastructure.
  • Increasing urbanization potentially driving higher demand for efficient transport solutions.
  • Sustainability initiatives impacting transport modalities.
  • Policy changes and their influence on public transport funding.

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