The European production value of urban and suburban passenger land transport illustrates Germany as the leader with 27.74 million Euros, followed by the UK at 19.48 million Euros, and France at 12.54 million Euros. Noteworthy growth in the last year was seen in Romania, Serbia, and Bosnia and Herzegovina. Meanwhile, Finland, Belgium, Lithuania, and Iceland have faced declines. Over the last five years, Germany, the UK, France, and Italy have maintained steady contributions to Europe's overall transport value.
Future trends to watch include technological advancements in transportation systems, the integration of sustainable practices, and increased investments in infrastructure across emerging markets in Eastern Europe. Additionally, ongoing urbanization and strategic public transport initiatives are likely to enhance growth trajectories in countries currently exhibiting high growth percentages.
Top countries in Production Value of Urban and Suburban Passenger Land Transport Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.74 | 2023 | +6.73% | +2.98% | View data |
| 2 | 2 United Kingdom | 19.48 | 2023 | +1.14% | +2.29% | View data |
| 3 | 3 France | 12.54 | 2023 | +2.43% | +8.29% | View data |
| 4 | 4 Italy | 11.65 | 2023 | +4.83% | +4.22% | View data |
| 5 | 5 Sweden | 8.41 | 2023 | +2.49% | +1.81% | View data |
| 6 | 6 Spain | 4.06 | 2023 | +6.07% | +2.01% | View data |
| 7 | 7 Denmark | 3.08 | 2023 | +3.73% | +3.94% | View data |
| 8 | 8 Poland | 3.05 | 2023 | +2.84% | +2.25% | View data |
| 9 | 9 Norway | 1.88 | 2023 | +3.81% | +3.73% | View data |
| 10 | 10 Austria | 1.61 | 2023 | +3.49% | +2.36% | View data |
