2025 Limousine Service Industry Report

Industry Overview

This industry comprises establishments primarily engaged in providing an array of specialty and luxury passenger transportation services via limousine or luxury sedan generally on a reserved basis. These establishments do not operate over regular routes and on regular schedules.
Source: US Census Bureau

Market Size and Industry Forecast

The Limousine Service industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Limousine Service industry.

HistoricalForecasted
20202021202220232024202520262027202820292030
Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Limousine Service companies in the United States.

Limousine Service Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesLimousine Service
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Limousine Service Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Limousine Service Industry Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Local passenger transportation by road, except fixed-route
Local passenger trans by limousines and similar luxury vehicles
Long-distance passenger transportation by road, except fixed-route
Long-distance pass trans by road, except fixed-route, other vehicles
Local passenger transportation by chartered bus
Local, fixed-route passenger trans by road and transit rail
Other local passenger transportation by road
Long-distance passenger transportation by chartered bus
Other products

Limousine Service Industry Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations2%

General and Operations Managers2%
Office and Administrative Support Occupations23%
Material Recording, Scheduling, Dispatching, and Distributing Workers12%
Dispatchers12%
Dispatchers, Except Police, Fire, and Ambulance12%
Transportation and Material Moving Occupations69%
Motor Vehicle Operators66%
Taxi Drivers and Chauffeurs64%
Taxi Drivers and Chauffeurs64%

Government Contracts

The federal government spent an annual total of $16,351,443 on the limousine service industry. It has awarded 470 contracts to 42 companies, with an average value of $389,320 per company.

Top Companies in Limousine Service and Adjacent Industries

CompanyAddressRevenue
($ Millions)



Report Objectives

For Private Equity Firms & Investors

  • Analyze unbiased statistics for the Limousine Service market
  • Review historical and forecasted growth trends
  • Benchmark companies against the industry average

For Business Executives

  • Develop a strategy based on concrete statistics
  • Identify opportunities based on market size and growth rates

For Startups

  • Get the information you need for the "Market Analysis" section of your business plan
  • Show market size in the U.S. and by state

For Venture Capital

  • Understand market opportunity and current size
  • Evaluate the market potential of a disruptive technology in the Limousine Service industry



Buy the Limousine Service Report
GeographyUnited States
Publication DateJanuary 2025
Report FormatPDF Download  PDF
Price
$995
Industry Report Contents
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