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

  • Italian manufacturer body Unacea reveals machine exports
    October 31, 2014
    The Italian construction equipment manufacturer body Unacea has revealed comprehensive information on machine sales and exports. The data shows that construction machine sales in Italy grew 12% in the first nine months of 2014. However exports fell 7% and Unacea believes that the export performance of Italian manufacturers on the world market will have shrunk by the end of the year compared with the figures for 2013. Over the first nine months of 2014, construction equipment sold in the Italian market sto
    Read More
  • “Stable” 2014 for U.S. toll roads market, says Fitch Ratings
    December 11, 2013
    The 2014 outlook for U.S. toll roads, airports, and ports is stable despite tepid growth, according to a new Fitch Ratings report. “The growing use of Public Private Partnership, or P3, transactions to construct new or expand existing projects is largely motivated by limited resources at the state and local level, combined with uncertainty on future federal funding levels,” said Scott Zuchorski, director in Global Infrastructure and Project Finance at Fitch Ratings. “While not a panacea for all funding is
    Read More
  • London expected to become EV capital of Europe, says Frost & Sullivan
    March 16, 2012
    The array of initiatives such as the ‘Plugged-in Place’ project and eco incentive programmes in diverse locations of the United Kingdom, have made the ownership and the use of electric vehicles a reasonable option.
    Read More
  • China looks to the future with major highway plans
    February 15, 2012
    China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.
    Read More

Highlighted Content