In 2023, the road passenger transport enterprises in the US were recorded at 16.59 thousand establishments. The forecast for the coming years indicates a declining trend with a gradual decrease in the number of enterprises: 16.45 thousand in 2025, 16.3 thousand in 2026, 16.16 thousand in 2027, and 16.02 thousand in 2028. This represents a consistent year-on-year decrease, suggesting a contraction in the market over the forecast period.
Future trends to watch for include:
- Advancements in technology, such as autonomous vehicles, which could impact the industry structure.
- Shifts in consumer preferences towards more sustainable transport options.
- Potential regulatory changes aimed at reducing emissions and improving urban mobility efficiency.
- Economic factors affecting disposable income and travel patterns.