Growth Opportunities in Demand Responsive Transport

Description

Public-private Partnerships, Government Push, and Digital Innovation Drive $23 Billion Revenue Potential by 2030

For almost a decade, incremental but rapid progress has fueled a new paradigm for how cities move people around. Driven by quickly evolving technologies, new business models, and shifting social expectations, mobility has been transforming to deliver sustainable, equitable, efficient, and convenient services. This transformation involves the increasingly expansive demand responsive transport (DRT) industry that has picked up momentum from the need for efficient and flexible public transportation options.

This study provides a comprehensive analysis of the global DRT industry, including market sizing and forecasting, business and revenue models, regional performance, and growth opportunities. Market measurements are analyzed for the year of 2022 and forecasted run from 2023 to 2030.

The report covers key players in the DRT industry across regions, including North America, Europe, Asia-Pacific (APAC), Africa, and the Rest of the World (including Latin America and Middle East). It explores the different business models employed by B2B, B2G, and B2C operators, including a look at their various revenue models (e.g., subscription-based, pay-per-ride, and corporate partnerships).

The study discusses major trends that are shaping the DRT industry, such as electrification, autonomous vehicles, digitization of public transport operators, market consolidation, and new use cases. These trends are analyzed in detail, including the potential impact on the industry and the challenges that DRT operators may face in adopting them. Although the DRT industry may experience slow growth in the short term, rapid expansion is likely after 2025, driven by new regulations and the digitization of public transport infrastructure, which will enable DRT to reach its full potential. The report concludes with an assessment of the top growth opportunities in the DRT industry.

Research Scope

A brief market overview, including its segments and types
Pricing and revenue model
Fleet and gross market value forecast at the region level
Market trends/growth opportunities
Competitive benchmarking
Market readiness
Key company profiles
Chanchal Jetha

Product Code: PE77-44

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Demand Responsive Transport (DRT) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Opportunity Analysis

Scope of Analysis
The DRT Concept
Segmentation
Factors Promoting the Transition to a DRT Model
DRT Use Cases
DRT Types-Fixed Routing
DRT Types-Flexible Routing
DRT Types-On-demand
Key Competitors
Growth Drivers
Growth Restraints
DRT-Possible Revenue Models
Growth Metrics
Forecast Assumptions
Gross Market Value
Vehicles in Operation
Gross Market Value by Type
Vehicles in Operation by Segment
Gross Market Value by Region
Vehicles in Operation by Region
Vehicles in Operation Market Snapshot by Segment
Regional Market Share of Key Players by VIO
Forecast Analysis
Pricing Trends and Forecast Analysis
DRT Pricing
Average Fare Comparison-Public Transport, DRT, and Taxis
Understanding the DRT Maturity Parameters
Competitive Environment

Market Trends

Evolving Use Cases of DRT Vehicles
Key Trends Defining the DRT Market
DRT Tech and Public Transport-A Promising Duo
Key Electric DRT Schemes and Regulations
Electrification of DRT Fleets-Key Players
Market Consolidation
From On-demand to Autonomous

Growth Opportunity Analysis-North America

Growth Metrics
Gross Market Value, North America
Gross Market Value by Type, North America
Vehicles in Operation, North America
Vehicles in Operation by Segment, North America
Forecast Analysis
Competitive Benchmarking-DRT Programs
DRT Market Readiness
RideCo-Company Overview
The Routing Company-Company Overview

Growth Opportunity Analysis-Europe

Growth Metrics
Gross Market Value, Europe
Vehicles in Operation, Europe
Gross Market Value by Type, Europe
Vehicles in Operation by Segment, Europe
Forecast Analysis
Competitive Benchmarking-DRT Programs
DRT Market Readiness, Europe
Nemi-Company Overview
Padam Mobility-Company Overview
Zeelo-Company Overview
MOIA-Company Overview

Growth Opportunity Analysis-APAC

Growth Metrics
Gross Market Value, APAC
Vehicles in Operation, APAC
Gross Market Value by Type, APAC
Vehicles in Operation by Segment, APAC
Forecast Analysis
Competitive Benchmarking-DRT Programs
DRT Market Readiness, APAC
SWAT Mobility-Company Overview
Mirai Share-Company Overview

Growth Opportunity Analysis-Africa

Growth Metrics
Gross Market Value, Africa
Vehicles in Operation, Africa
Gross Market Value by Type, Africa
Vehicles in Operation by Segment, Africa
Forecast Analysis
Competitive Benchmarking-DRT Programs
DRT Market Readiness, Africa
SWVL-Company Overview

Growth Opportunity Analysis-RoW (LATAM and Middle East)

Growth Metrics
Gross Market Value, RoW
Vehicles in Operation, RoW
Gross Market Value by Type, RoW
Vehicles in Operation by Segment, RoW
Forecast Analysis
Competitive Benchmarking-DRT Programs
DRT Market Readiness, RoW

Growth Opportunity Universe

Growth Opportunity 1-Business Model Diversification and Big Data Technologies
Growth Opportunity 2-Investment in Digital Infrastructure
Growth Opportunity 2-Investment in Digital Infrastructure
Growth Opportunity 3-Technology Convergence and Stakeholder Collaboration

Next Steps

Your Next Steps
Why Frost, Why Now?
List of Exhibits
Legal Disclaimer