Competing vehicles

Competing vehicles are different transportation options, such as cars, buses, trains, or bikes, that serve the same purpose—getting people from one place to another. They are considered competitors because each vying for the same users or customers, offering alternative ways to travel. When a new mobility option is introduced, it can affect the popularity or market share of existing vehicles. Businesses analyze these dynamics to understand where demand might shift and to develop strategies that attract or retain users amid different available transportation choices.