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Home › Industry Metrics › NAICS 485113

NAICS 485113 - Bus and Other Motor Vehicle Transit Systems

NAICS 485113 - BUS AND OTHER MOTOR VEHICLE TRANSIT SYSTEMS
NAICS 485111 Mixed Mode Transit Systems NAICS 485112 Commuter Rail Systems NAICS 485113 Bus and Other Motor Vehicle Transit Systems NAICS 485119 Other Urban Transit Systems
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This U.S. industry comprises establishments primarily engaged in operating local and suburban passenger transportation systems using buses or other motor vehicles over regular routes and on regular schedules within a metropolitan area and its adjacent nonurban areas.

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This U.S. industry comprises establishments primarily engaged in operating local and suburban passenger transportation systems using buses or other motor vehicles over regular routes and on regular schedules within a metropolitan area and its adjacent nonurban areas.

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NAICS 48 Transportation and Warehousing
NAICS 485 Transit and Ground Passenger Transportation
NAICS 4851 Urban Transit Systems
NAICS 48511 Urban Transit Systems
NAICS 485113 Bus and Other Motor Vehicle Transit Systems
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Industry trends

NAICS 485113, which encompasses Bus and Other Motor Vehicle Transit Systems, is experiencing several notable qualitative trends. Firstly, there is a significant shift towards sustainability and green energy solutions. Transit systems are increasingly adopting electric buses and hybrids to reduce emissions and comply with stringent environmental regulations. This trend is expected to grow as advancements in battery technology and infrastructure support wider adoption.

Another trend is the integration of advanced technology in transit operations. This includes the use of real-time data analytics, GPS tracking, and automated systems for improved efficiency and passenger experience. Enhanced safety features such as collision avoidance systems and improved passenger communication interfaces are also becoming more prevalent.

Urbanization and changing demographics are driving demand for more flexible and efficient transit solutions. Microtransit and on-demand services are emerging to cater to the needs of urban populations, offering more personalized and convenient transportation options. Additionally, there is a growing focus on enhancing accessibility for differently-abled passengers, ensuring transit systems are more inclusive.

Looking towards the near future, these trends are expected to continue shaping the industry. Increased investment in infrastructure, particularly for electric charging stations, and ongoing technological advancements will further spur growth. The integration of artificial intelligence and machine learning for predictive maintenance and operational efficiency will likely become more prominent. Economic recovery post-pandemic is also anticipated to boost ridership levels, as public confidence in transit safety improves with robust health protocols.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) -5%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 0%

Loan Failure Rate 8%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 53%

Total Companies in this Industry 239
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Explore related industries

  • NAICS 485113 Bus and Other Motor Vehicle Transit Systems
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