Forecast: Road Passenger Transport Movements in the US

The trend in road passenger transport movements in the US from 2013 to 2023 indicates steady annual growth, with a notable dip in 2020 due to the pandemic. In 2023, the value stood at 6.8914 trillion passenger kilometers. Over the past two years, there was a significant rebound with year-on-year growth at 6.96% in 2022 and 4.4% in 2023. The 2023 CAGR over the last five years stands at 0.79%, reflecting a recovery phase following the 2020 decline.

Future trends to watch for:

  • Continued growth at an average annual rate forecasted at 1%, reaching 7.3402 trillion passenger kilometers by 2028.
  • Impact of technological advancements like electric vehicles and autonomous driving on transport efficiencies.
  • Potential disruptions from alternative transportation modes and evolving urban mobility ecosystems.

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