Public Transportation - Ukraine | Statista Market Forecast

It is projected that the Public Transportation market in Ukraine will generate a revenue of US$88.91m by 2024.
The market is expected to grow at an annual rate of 4.30% between 2024 and 2029, resulting in a projected market volume of US$109.70m by 2029.
The number of users in this market is expected to reach 4.66m users by 2029, with user penetration projected to be 10.8% in 2024 and 12.1% by 2029.
The average revenue per user (ARPU) is estimated to be US$21.77.
Furthermore, it is anticipated that 18% of the total revenue in this market will be generated through online sales by 2029.
It is worth noting that in global comparison, United States is expected to generate the highest revenue of US$52bn in 2024 in the Public Transportation market.
Public transportation in Ukraine is undergoing modernization efforts, with new infrastructure and vehicles being introduced to improve efficiency and passenger experience.

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 Ukraine has been experiencing significant growth in recent years, driven by a number of factors. Customer preferences are shifting towards more sustainable and cost-effective transportation options, leading to increased demand for public transportation services. Additionally, local special circumstances and underlying macroeconomic factors have contributed to the development of the market.

Customer preferences: Customer preferences in Ukraine have been shifting towards more sustainable transportation options. With growing concerns about climate change and environmental sustainability, many individuals are choosing to use public transportation as a way to reduce their carbon footprint. Public transportation offers a more eco-friendly alternative to private vehicles, as it can accommodate a larger number of passengers and reduce traffic congestion. In addition to environmental considerations, cost is also a major factor influencing customer preferences. Public transportation is often more affordable than owning and operating a private vehicle, especially in a country like Ukraine where fuel prices can be high. Many individuals are opting to use public transportation as a way to save money on transportation expenses.

Trends in the market: One of the key trends in the Public Transportation market in Ukraine is the expansion and modernization of existing transportation infrastructure. The government has been investing in the development of new metro lines, tram networks, and bus routes to improve connectivity and accessibility across the country. This has led to an increase in the number of people using public transportation and has also made it more convenient for individuals to travel within and between cities. Another trend in the market is the adoption of new technologies to enhance the efficiency and effectiveness of public transportation services. Many cities in Ukraine have implemented smart ticketing systems, which allow passengers to pay for their fares using contactless payment methods. This not only improves the overall passenger experience but also helps to reduce ticketing fraud and improve revenue collection for transportation authorities.

Local special circumstances: Ukraine has a large population and a high population density in urban areas, which creates a strong demand for public transportation services. The country's major cities, such as Kyiv, Kharkiv, and Lviv, are experiencing rapid urbanization and population growth, leading to increased congestion on the roads. Public transportation offers a viable solution to alleviate traffic congestion and improve mobility for residents. Additionally, the ongoing political and economic developments in Ukraine have also contributed to the growth of the Public Transportation market. The government has been focusing on improving public transportation infrastructure as part of its efforts to modernize the country's transportation system and attract foreign investment. This has created opportunities for both domestic and international players in the market.

Underlying macroeconomic factors: The Public Transportation market in Ukraine is influenced by several macroeconomic factors, including GDP growth, inflation, and government spending. Economic growth and rising disposable incomes have a positive impact on the market, as individuals have more financial resources to spend on transportation services. Inflation can also affect the market, as it can increase the cost of fuel and other operating expenses for public transportation providers. Government spending plays a crucial role in the development of the Public Transportation market. The government's investment in infrastructure projects, such as the construction of new metro lines and the purchase of new buses, stimulates demand for public transportation services and creates business opportunities for transportation companies. Government policies and regulations also shape the market, as they can influence pricing, service quality, and competition in the industry.

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.