Global Sightseeing Transport And Support Activities For Transport Market Growth Analysis 2024 – 2033

Overview and Scope

Sightseeing transportation and support activities for transport refer to the portion of the transportation services that offers entertainment and recreation using transportation equipment as well as the services offered to other transportation sectors to improve their service. These activities are used to provide recreation and entertainment by utilizing transportation equipment.

Sizing and Forecast

The sightseeing transport & support activities for transport market size has grown strongly in recent years. It will grow from $1311.46 billion in 2023 to $1408.98 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to tourism industry growth, cultural exchange, economic growth, marketing and promotion, events and festivals..

The sightseeing transport & support activities for transport market size is expected to see strong growth in the next few years. It will grow to $1835.26 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to global tourism recovery, sustainable tourism practices, rise in solo travel, cultural and heritage tourism, rise of experiential tourism.. Major trends in the forecast period include personalized and customized experiences, popularity of electric and sustainable transportation, digitalization of booking and planning, health and safety protocols, culinary and gastronomic sightseeing..

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Segmentation & Regional Insights

The sightseeing transport and support activities for transport market covered in this report is segmented –

1) By Type: Support Activities for Air Transportation, Support Activities for Rail Transportation, Support Activities for Water Transportation, Support Activities for Road Transportation, Freight Transportation Arrangement, Other Support Activities
2) By Services: Aerial Services, Nautical Services (excluding cruises), Cruises, Ground Services, Other Services
3) By End-User: Individuals, Tour Operators, Convention And Visitor Bureaus, Hotels And Motels, Other End-Users

Asia-Pacific was the largest region in the sightseeing transport and support activities for the transport market in 2023. The regions covered in the sightseeing transport and support activities for transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth

Rising tourism is expected to propel the growth of sightseeing transportation and support activities for the transportation market going forward. Tourism is the practice of spending time away from home in search of leisure, relaxation, and enjoyment while utilizing the services offered by businesses for a fee. Sightseeing transportation and support activities for transport are a significant part of tourism as sightseeing and transportation help the tourist cover and experience the majority of the tourist points. Thus, increased tourism is expected to boost sightseeing transportation and support activities for the transportation market. For instance, according to the United Nations World Tourism Organization, a US-based international organization for promoting tourism, the worldwide international tourist arrivals in 2022 was 917 million, which increased from 454.8 million in arrivals in 2021, a rise of 101.6% from 2021. Therefore, rising tourism is driving the growth of sightseeing transportation and support activities for the transport market.

Key Industry Players

Major companies operating in the sightseeing transport and support activities for the transport market are adopting a strategic partnership approach aiming to aid the bus and tourism industries. Strategic partnerships refer to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in February 2022, Palisis, a Switzerland-based software company, announced a partnership with Ticketer, a UK-based electronic ticket machine brand of Corvia Ltd, to increase the tourism industry’s ticketing and connection. The alliance will deliver the first scalable rollout of its sort to make bus travel visible and central to the whole travel experience, as well as supporting the bus and coach industry’s recovery. The Ticketer platform will be integrated with Palisis, allowing operators to select which tickets they want to make available through their online marketplace. Online travel agencies and tour operators will subsequently be able to sell integrated transportation services across many destinations. Ticketer will be able to enable the new feature for operators via their back-end portal, enabling ticket purchasing via the websites and apps of customer-facing travel booking providers.

The sightseeing transport and support activities for transport market report table of contents includes:

1. Executive Summary

2. Sightseeing Transport And Support Activities For Transport Market Characteristics

3. Sightseeing Transport And Support Activities For Transport Market Trends And Strategies

4. Sightseeing Transport And Support Activities For Transport Market – Macro Economic Scenario

5. Global Sightseeing Transport And Support Activities For Transport Market Size and Growth

….

31. Global Sightseeing Transport And Support Activities For Transport Market Competitive Benchmarking

32. Global Sightseeing Transport And Support Activities For Transport Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Sightseeing Transport And Support Activities For Transport Market

34. Sightseeing Transport And Support Activities For Transport Market Future Outlook and Potential Analysis

 

35. Appendix

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