World’s Smart Transport market to reach US$102.31bn by 2018

The Smart Transport market is forecast to rise at a CAGR (Compound Annual Growth Rate) of 23.6% to US$102.31 billion between 2013 and 2018, according to a new research report by MarketsandMarkets (M&M). The M&M report claims the still to be confirmed 2012 Smart Transport market value is around $26.7 billion. During the 2013-2018 period, the CIS + Eastern European, Middle East and African and Latin American Smart Transport markets are expected to grow at 31.4%, 39.1%, and 45.8%, respectively.
August 29, 2013 Read time: 1 min
The Smart Transport market is forecast to rise at a CAGR (Compound Annual Growth Rate) of 23.6% to US$102.31 billion between 2013 and 2018, according to a new research report by 7466 MarketsandMarkets (M&M).

The M&M report claims the still to be confirmed 2012 Smart Transport market value is around $26.7 billion. During the 2013-2018 period, the CIS + Eastern European, Middle East and African and Latin American Smart Transport markets are expected to grow at 31.4%, 39.1%, and 45.8%, respectively.

For more information on companies in this article

Related Content

  • The doors open on a record-breaking bauma China 2018
    November 22, 2018
    You can tell a lot from numbers – and this year’s bauma China exhibition is set to be a record-breaker! The exhibitor numbers represent an impressive 11% increase on the 2,958 exhibitors from 41 countries that presented their products and innovations to around 170,000 visitors at the 2016 event.
    Read More
  • European construction machine exports down 15.8% Jan 1-May 31 2013
    August 28, 2013
    European construction machine exports fell 15.8% between January 1 and May 31 2013 to €11.049 billion from €13.096 billion over the same period of 2012, according to new CECE (Committee for European Construction Equipment) figures supplied to World Highways. Germany was the biggest Europe-based export market for European construction machines importing €1.107 billion worth of machinery – down 14.1% on €1.288 billion over the same period the previous year. France was the second biggest Europe export market i
    Read More
  • UK construction machinery sales continue to rise, reports the CEA
    May 24, 2017
    UK exports of construction and earthmoving equipment showed further growth in the first quarter this year, the highest level since Q2 2015. Sales topped nearly €812 million, according to the latest report from the UK’s Construction Equipment Association. Continued healthy export sales “can be attributed to both improving demand in some of the major overseas markets, as well as the benefit of the weaker £ exchange rate since the middle of 2016, following the Brexit referendum”, report the noted. In terms of
    Read More
  • Senior Cat boss on booming emergent market
    March 28, 2014
    Paolo Fellin, vice president of Caterpillar’s Global Construction & Infrastructure Division, has touched on the importance of the new dominance of booming African and other Emergent nation construction markets. Guy Woodford reports For Paolo Fellin, the last 10 years have seen the birth of a new order in world construction equipment sales.
    Read More

Highlighted Content