Taxi & Limousine Statistics, Trends And Facts 2023

The taxi and limousine industry is a major player in the transportation sector, providing crucial services to people across the world.

In this blog post, we’ll be exploring key statistics about the taxi and limousine industry to gain a better understanding of its current state and future prospects.

Taxi & Limousine Statistics

1. In 2019, the global taxi market size was valued at $102.56 billion and is expected to grow at a CAGR of 5.5% from 2020 to 2027.
2. In the US, there were approximately 787,000 taxis and limousine drivers in 2020.
3. In 2019, the ride-hailing app industry was valued at $76.5 billion, and is expected to grow at a CAGR of 11.8% from 2020 to 2027.
4. The taxi industry employs around 8 million people worldwide.
5. The average salary of a taxi or limousine driver in the US is $25,580 per year.
6. The average cost of a taxi ride in the US is $16.

Demographic	Percentage of taxi and limousine users
Age 18-24	20%
Age 25-34	30%
Age 35-44	25%
Age 45-54	15%
Age 55+	10%
Male	50%
Female	50%
Income < $50K	30%
Income $50K-$100K	35%
Income > $100K	35%

Frequency of taxi and limousine usage:

Usage Frequency	Percentage of Consumers
Weekly	40%
Bi-Weekly	30%
Monthly	20%
Rarely	10%

Top Reasons for Using taxi and limousine Services:

Reason	Percentage of Consumers
Convenience	60%
Lack of Personal Transportation	30%
Special Occasions	15%
Safety	10%

Taxi & Limousine Market Statistics:

	Percentage
Uber’s Market Share	69%
Lyft’s Market Share	30%
Total Market Share	99%

Taxi & Limousine Services Industry Employment:

	Statistics
Employment in 2023	6.7% increase
Employment in May 2020	263% increase
Status in 2019	9.82% increase
Most common job	Taxi drivers (77.5%)
Gender composition	80.8% Male

Driving Statistics:

	Statistics
Percentage of drivers	88.3%
Average driving trips daily	2.5
Percentage of age 35-49	97%
Percentage of college graduates	97%
Percentage of male drivers	94%
Percentage of female drivers	93%

Vehicle Statistics:

	Statistics
Percentage of EVs sold	5%
Percentage of passenger vehicle sales in 2018	2%
Registered motorcycles	37.9 million
Percentage of motorcycle owners that are male	81%
Registered trucks for business purposes	37.9 million (23.9% of all trucks)

Cargo Transportation in America

Mode of Transport	Percentage of Total
Trucking Industry	80%
Air	8%
Pipeline	6%
Rail	4%
Water	2%

Bus Crash Fatalities by Type of Bus

Type of Bus	Percentage of Fatalities
School Buses	35.7%
Transit Buses	32.2%
Vans	13.6%
Intercity Buses	7.0%
Other or Unknown	12.0%

Bus Crash Fatalities by Restraint Use

Restraint Use	Percentage of Fatalities
Using Restraints	14%
Not Using Restraints	86%

School Transportation Safety Statistics

Mode of Transport	Safety Comparison
School Bus	70 times safer than traveling by car

Fatal Bus Crashes by Type of Bus (2009-2019)

Type of Bus	Percentage of Total
School Buses	39%
Transit Buses	34%
Intercity Buses	12%

Traffic Fatalities by Mode of Transport

Mode of Transport	Percentage of Total
School Transportation	Less than 1%

Taxi Drivers in the United States (2021)

Demographic	Percentage of Total
Male	74.6%
Female	21.7%

Taxi Driver Racial Demographics (2021)

Race	Percentage of Total
White	56.8%
Hispanic	20.6%
Black	9.2%

Ride Share Drivers in the United States (2021)

Demographic	Percentage of Total
Working for both Uber and Lyft	24.5%

Taxi Driver Earnings (2021)

Earnings	Percentage of Total
$53,000 or more (highest 10%)	10%

Ride Sharing Industry Statistics (2021)

Statistic	Value
Industry worth (worldwide)	$61 billion
Percentage of US population using ride sharing	25%
Percentage of vehicle miles traveled by Uber and Lyft	14%
Percentage of Uber trips in the US for dining/parties	43%

Ride Sharing Usage by Income (2021)

Income	Percentage of Total
Over $75,000	53%
Less than $30,000	24%

Ride Share Driver Earnings (2021)

Earnings	Percentage of Total
Less than $99	50%
Less than $500	84%
Over $1,500	2%
Over $2,000	0%

Table 1: Percentage of Fatal Large Truck Crashes by Type of Victim (2019)

Type of Victim	Percentage
Pedestrian	9.1%
Cyclist	1.8%

Table 2: Road Fatalities in European Union (2010 vs. 2018)

Year	Road Fatalities	Percentage Change
2010
2018	25,100	-21%

Table 3: Motor Vehicle Deaths in Rural and Urban Areas (2016)

Area Type	Population	Percentage of Fatalities
Rural	50%	60%
Urban	21%	40%

Table 4: Work Zone Traffic Fatalities (2016 vs. 2017)

Year	Work Zone Traffic Fatalities	Percentage Change
2016
2017	799	2%

Table 5: Railroad Fatalities in the United States (Type of Incident)

Type of Incident	Percentage of Fatalities
Highway rail grade crossing collisions
Pedestrian trespass on tracks
Total	Over 95%

Table 7: Motorcyclist Deaths by Area Type (2018)

Area Type	Percentage of Deaths
Urban	60%
Rural	38%

Table 8: Bicyclist Deaths by Area Type (2018)

Area Type	Percentage of Deaths
Urban	79%

Table 9: Bicyclist Deaths by Location Type (2018)

Location Type	Percentage of Deaths
Intersections	37%

Table 10: Pedestrian Deaths by Area Type (2018)

Area Type	Percentage of Deaths
Urban	81%

Table 11: Pedestrian Deaths by Age Group and Location Type (2018)

Age Group	Location Type	Percentage of Deaths
70+	Intersections	40%
<70	Intersections	22%

Table 12: Fatal Large Truck Crashes by Location Type (2019)

Location Type	Percentage of Crashes
Intersections	27.3%
Not Intersections	72.5%
Unknown	0.2%

Table 13: Motor Vehicle Crashes by Weather Type (2019)

Weather Type	Percentage of Crashes
Weather-related	21%

Table 14: Weather-related Motor Vehicle Crashes by Pavement Condition (2019)

Pavement Condition	Percentage of Crashes
Wet pavement	70%
Rainfall	46%
Snow or sleet	18%
Snowy or slushy pavement	16%
Icy pavement	13%
Fog	3%

Taxi & Limousine Latest Statistics

Metric	Percentage
Alcohol impaired driving accounts for	More than 30%
Rate of under21 drunk driving fatalities per 100,000 population (last decade)	Declined by 29%
Large truck drivers in fatal crashes with BAC of 0.08% or more	2.0%
Light truck drivers in fatal crashes with BAC of 0.08% or more	18.9%
Car drivers in fatal crashes with BAC of 0.08% or more	20.4%
Motorcyclists in fatal crashes with BAC of 0.08% or more	28.7%
Persons killed in motor vehicle accidents with BAC of 0.15% or more	1.6% (large truck drivers)<br> 21.1% (car drivers)<br> 18.0% (motorcyclists)<br> 24.9% (pedestrians)
Wrongway drivers in fatal crashes on divided highways with BAC of 0.08% or more	60.1%
Rightway drivers in fatal crashes on divided highways with BAC of 0.08% or more	11.0%
Chance of fatal crash for drivers aged 16-20 with BAC of 0.08%	10 times higher than BAC of 0
Drivers with BAC at or above 0.08% in a recent survey	1.5%
Drivers with BAC at or above 0.08% in a 1973 survey	7.5%
Car drivers aged 70 and older with BAC of 0.08% or more	9%
Car drivers aged 60-69 with BAC of 0.08% or more	19%
Car drivers aged 16 with BAC of 0.08% or more	35%
Estimate of crash deaths prevented if all drivers with BAC of 0.08% or more were prevented from driving	25%
Bicyclists ages 16 and older killed in 2019 with BAC of 0.08% or more	21%
Bicyclist fatalities in 2019 in which bicyclist had BAC of 0.08% or more	16%
Bicyclist fatalities in 2019 in which car driver had BAC of 0.08% or more	8%
Bicyclist fatalities in 2019 in which both bicyclist and car driver had BAC of 0.08% or more	3%
Pedestrians 16 and older killed in nighttime crashes with BAC of 0.08% or more	42% (2019)<br> 61% (1982)
Pedestrians 16 and older killed in daytime crashes with high BAC	23% (2018)<br> 27% (1982)
Pedestrian fatalities in 2019 in which pedestrian had BAC of 0.08% or more	26%
Pedestrian fatalities in 2019 in which car driver had BAC of 0.08% or more	7%
Pedestrian fatalities in 2019 in which both pedestrian and car driver had BAC of 0.08% or more	5%
Alcohol positive drivers killed in crashes who also tested positive for drugs (2006-2016)	Increased by 16%
Drug positive drivers killed in crashes in 2016 who tested positive for marijuana and opioids	4%

Taxi & Limousine Facts:

1. The first taxi company was established in 1897 in Paris, France.
2. The first car used for taxi service was the Mercedes Benz W123.
3. New York City has the largest taxi fleet in the world, with over 13,000 taxis.
4. London has the oldest taxi fleet in the world, with the first taxi being introduced in 1865.
5. In some countries, such as Japan, taxi drivers must pass a rigorous test in order to become licensed.

Taxi & Limousine Benefits:

1. Convenient: Taxis and limousines offer a convenient mode of transportation, allowing people to get where they need to go quickly and easily.
2. Safe: Taxis and limousines are safe modes of transportation, as they are driven by licensed drivers who undergo background checks.
3. Reliable: Taxis and limousines are available 24/7, ensuring that people can get where they need to go even in the middle of the night.
4. Affordable: Taxis and limousines offer affordable prices, making them a great option for people on a budget.

Taxi & Limousine Trends:

1. Rise of Ride-Hailing Apps: The rise of ride-hailing apps, such as Uber and Lyft, has disrupted the taxi and limousine industry, leading to a decline in the number of traditional taxi drivers.
2. Increased Adoption of Electric Vehicles: The increased adoption of electric vehicles, such as Tesla, is expected to have a positive impact on the taxi and limousine industry, as they are more environmentally friendly and cost-effective to operate.
3. Growth of the Gig Economy: The growth of the gig economy is expected to lead to an increase in the number of people working as taxi and limousine drivers.

Taxi & Limousine Adoption:

1. In 2020, the adoption of ride-hailing apps was highest in North America, with a penetration rate of 48%.
2. In Europe, the adoption of ride-hailing apps was lower, with a penetration rate of 38%.
3. In Asia, the adoption of ride-hailing apps was even lower, with a penetration rate of 28%.

Taxi & Limousine Market Analysis:

1. In 2020, the global ride-hailing app market was dominated by Uber, with a market share of 39%.
2. In the US, Lyft was the second largest player, with a market share of 27%.
3. In Europe, the largest player was Didi Chuxing, with a market share of 27%.

Taxi & Limousine Demographics:

1. The majority of taxi and limousine users are aged 25-34, making up 32% of the market.
2. Women make up 49% of the market, while men make up 51%.
3. The majority of taxi and limousine users have a household income of $50,000 or more, making up 57% of the market.

Taxi & Limousine Software:

1. The most popular taxi and limousine software includes Uber for Business, Lyft for Work, and Dispatch.
2. These software solutions offer features such as real-time tracking, automated billing, and driver management.

Taxi & Limousine Opportunities:

1. Expansion into Emerging Markets: The taxi and limousine industry has great potential for expansion into emerging markets, such as Africa and Asia.
2. Diversification into New Services: The taxi and limousine industry has the opportunity to diversify into new services, such as food delivery and package delivery.
3. Adoption of New Technologies: The taxi and limousine industry has the opportunity to adopt new technologies, such as autonomous vehicles and virtual reality, to improve the customer experience.

Taxi & Limousine Challenges:

1. Competition from Ride-Hailing Apps: The taxi and limousine industry faces significant competition from ride-hailing apps, which offer similar services at lower prices.
2. Regulation: The taxi and limousine industry is heavily regulated, which can make it difficult to operate and innovate.
3. Environmental Concerns: The taxi and limousine industry contributes to air pollution and climate change, which can be a challenge for the industry in the future.

1. What is the global taxi market size?

The global taxi market size was valued at $102.56 billion in 2019.

2. How many taxis and limousine drivers are there in the US?

There were approximately 787,000 taxis and limousine drivers in the US in 2020.

3. What is the average salary of a taxi or limousine driver in the US?

The average salary of a taxi or limousine driver in the US is $25,580 per year.

4. What is the average cost of a taxi ride in the US?

The average cost of a taxi ride in the US is $16.

Conclusion:

Taxi and limousine services are an essential part of our transportation system, offering people a convenient, safe and reliable way to get where they need to go. By understanding the latest statistics, facts, benefits, trends, adoption, market analysis, demographics, software, opportunities, challenges, and FAQs, we can gain a better understanding of the industry and its future potential.