Public Transportation - New Zealand

The Public Transportation market in New Zealand is expected to experience a significant surge in revenue, with a projected figure of US$422.10m in 2024.
This growth is anticipated to continue with an annual growth rate (CAGR 2024-2029) of 2.28%, resulting in a projected market volume of US$472.30m by 2029.
The number of users in this market is also expected to increase, with an estimated amount of 2.15m users users by 2029.
The user penetration rate is projected to decrease slightly from 37.3% in 2024 to 39.4% by 2029.
The average revenue per user (ARPU) is expected to be around US$214.80.
The market is also expected to undergo a shift towards online sales, with 29% of the total revenue generated through online sales by 2029.
It is noteworthy that United States is expected to generate the most revenue in this market, with a projected figure of US$52bn in 2024, in global comparison.
New Zealand's public transportation market is undergoing significant expansion with the government's investment in new infrastructure and services.

Definition:

Local public transportation is used to transport people in everyday traffic by road, water, railway tracks, and sometimes by air (cable car) for local and regional transportation. In this market, revenues generated by ticket sales from public transportation companies, such as BVG (Berlin Transport Company), TfL (Transport for London), or Toei (東京都交通局: Tokyo Metropolitan Bureau of Transportation) are considered. Most providers sell single and group tickets or time-limited tickets for up to one year. This market does not take long-distance public transportation with national travel offerings into consideration.

Additional Information:

The main performance indicators of the Flights market are revenues, average revenue per user (ARPU), user numbers and user penetration rates. Additionally, online and offline sales channel shares display the distribution of online and offline bookings. The ARPU refers to the average revenue one user generates per year while the revenue represents the total booking volume. Revenues are generated through both online and offline sales channels and include exclusively B2C revenues and users for the above-mentioned markets. User numbers show only those individuals who have made a reservation, independent of the number of travelers on the booking. Each user is only counted once per year. Additional definitions for each market can be found within the respective market pages.

The booking volume includes all booked rides made by users from the selected region, regardless of where the ride took place.

For further information on the data displayed, refer to the info button right next to each box.

Local and regional public transportation by road, water, rail, and air
Regular transportation by bus, train, tram, subway, suburban trains, ferries, cable car, and trolleybus
All online and offline bookings for public transportation tickets and subscriptions, irrespective of the sales channel
Time-limited subscriptions and single tickets

Tickets for long-distance public transportation with nationwide travel offers
Private transportation
Freight transportation

The Public Transportation market in New Zealand is experiencing significant growth and development in recent years.

Customer preferences: Customer preferences in the Public Transportation market in New Zealand are shifting towards more sustainable and efficient modes of transportation. With increasing awareness about environmental issues and the need to reduce carbon emissions, people are opting for public transportation as a greener alternative to private vehicles. Additionally, the convenience and cost-effectiveness of public transportation are also driving customer preferences towards this mode of travel.

Trends in the market: One of the key trends in the Public Transportation market in New Zealand is the expansion and improvement of existing infrastructure. The government has been investing in upgrading public transportation systems, including buses, trains, and ferries, to enhance the overall efficiency and capacity. This includes the introduction of new routes, increased frequency of services, and the implementation of modern technologies to improve the overall passenger experience. Another trend in the market is the integration of different modes of transportation. The government is working towards creating a seamless and integrated public transportation network, where passengers can easily switch between different modes of transport, such as buses, trains, and ferries, using a single ticket or payment system. This integration aims to provide a more convenient and efficient travel experience for passengers.

Local special circumstances: New Zealand's unique geography and population distribution present special circumstances for the Public Transportation market. The country has a relatively small population spread across both urban and rural areas, which poses challenges in providing efficient and cost-effective public transportation services, especially in remote regions. However, the government is actively working on addressing these challenges by implementing innovative solutions, such as flexible and on-demand transportation services, to cater to the diverse needs of the population.

Underlying macroeconomic factors: Several underlying macroeconomic factors contribute to the development of the Public Transportation market in New Zealand. The country's strong economic growth and increasing urbanization are driving the demand for public transportation services. As more people move to urban areas, the need for reliable and efficient transportation options becomes crucial. Additionally, the government's focus on sustainable development and reducing carbon emissions further supports the growth of the public transportation market. In conclusion, the Public Transportation market in New Zealand is witnessing growth and development driven by customer preferences for sustainable and efficient transportation options. The expansion and improvement of infrastructure, integration of different modes of transport, unique local circumstances, and underlying macroeconomic factors all contribute to the positive trajectory of the market.

Data coverage:

The data encompasses B2C enterprises. Figures are based on bookings, revenues, and online shares of public transportation.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market. As a basis for evaluating markets, we use financial reports, third-party studies and reports, federal statistical offices, industry associations, and price data. To estimate the number of users and bookings, we furthermore use data from the Statista Consumer Insigths Global survey. In addition, we use relevant key market indicators and data from country-specific associations, such as demographic data, GDP, consumer spending, internet penetration, and device usage. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, ARIMA, which allows time series forecasts, accounting for stationarity of data and enabling short-term estimates. Additionally, simple linear regression, Holt-Winters forecast, the S-curve function and exponential trend smoothing methods are applied.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.

This report presents a comprehensive analysis and additional information on the Mobility market, in a PDF format.