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

  • US market continues to climb
    April 11, 2013
    A comment often heard at the recent World of Asphalt/World of Aggregates event in San Antonio, Texas was how the US construction market is recovering. The catchphrase for the global construction industry in 2013 seems to be ‘cautious optimism’. The growth rate may be modest and business activity is certainly a long way from the peaks of 2007 and 2008, but the improving conditions can only be good news for the construction sector. In Europe the situation is less clear. The Nordic nations are all in a fairly
    Read More
  • VDMA’s optimistic 2014 outlook
    February 21, 2014
    The VDMA has given an optimistic 2014 performance forecast for the German construction equipment and building material machinery industry. Compared to the previous year, industry turnover declined slightly in 2013 by 6% to €11.7 billion. But incoming orders for construction equipment are said by the VDMA to have risen by 7% in 2013, compared to 2012. The VDMA predicts a 5% turnover rise in 2014, compared to the previous 12 months. “We can look back on a satisfactory business year overall; given all the
    Read More
  • International Transport Forum: public vs private policy debate
    December 4, 2014
    Simply banning cars in parts of major cities will not necessarily greatly improve the air quality over time, a new report has found. The answer for cutting carbon emissions is to get the right balance of private and public transportation along with infrastructure developed to sustain the mix, according to the International Transport Forum (ITF), a think tank within the Organisation of Economic Cooperation and Development (OECD). The ITF evaluated the potential impact of transport policies on urban carbon
    Read More
  • Dubai Chamber endorses Libya conference
    June 14, 2012
    Dubai Chamber of Commerce and Industry has extended its support and endorsement to a major upcoming conference on Libya. The Libya Infrastructure & Rebuild Conference is to be held from 27-28 June at Dubai’s Dusit Thani Hotel. Over 150 delegates from Canada, China, Germany, Egypt, Italy, the UAE, the UK, the GCC (Gulf Cooperation Council), the Middle East, the US and other countries, will be participating in the event Atiq Juma Nasib, senior director, Commercial Services Sector, Dubai Chamber, will delive
    Read More

Highlighted Content