In 2023, Germany led the European turnover in urban and suburban passenger land transport with €37.4 million, followed by the United Kingdom and France with €18.28 million and €11.13 million, respectively. Germany's growth was 4.87%, France saw an 8.49% increase, and Romania and Serbia experienced substantial growth at 13.98% and 27.06%, respectively. Meanwhile, Finland and Iceland saw declines in their turnover.
Looking ahead, the European market is expected to continue experiencing diverse growth across countries. Future trends to monitor include increased emphasis on sustainable urban transport solutions, digitalization, and potential regulatory changes impacting investment and operational efficiencies in passenger land transport systems.
Top countries in Turnover of Urban and Suburban Passenger Land Transport Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 37.4 | 2023 | +5.05% | +4.87% | View data |
| 2 | 2 United Kingdom | 18.28 | 2023 | +1.33% | +2.45% | View data |
| 3 | 3 France | 11.13 | 2023 | +2.06% | +8.49% | View data |
| 4 | 4 Italy | 7.58 | 2023 | +4.05% | +0.83% | View data |
| 5 | 5 Sweden | 6.53 | 2023 | +2.24% | +0.76% | View data |
| 6 | 6 Spain | 3.86 | 2023 | +6.41% | +2.11% | View data |
| 7 | 7 Poland | 2.91 | 2023 | +5.86% | +2.79% | View data |
| 8 | 8 Denmark | 2.04 | 2023 | +2.23% | +0.97% | View data |
| 9 | 9 Norway | 1.81 | 2023 | +3.72% | +3.69% | View data |
| 10 | 10 Austria | 1.77 | 2023 | +3.49% | +2.36% | View data |
