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

  • It’s been a great comeback says JCB as North American sales surge 140% since 2010
    January 6, 2017
    JCB chief executive Graeme Macdonald says the UK manufacturer’s 140% sales rise in North America since 2010 has been a “great comeback story”. “North America has been on a rollercoaster ride,” Macdonald said during JCB’s Conexpo 2014 press conference in Las Vegas this week.
    Read More
  • It’s been a great comeback says JCB as North American sales surge 140% since 2010
    March 4, 2014
    JCB chief executive Graeme Macdonald says the UK manufacturer’s 140% sales rise in North America since 2010 has been a “great comeback story”. “North America has been on a rollercoaster ride,” Macdonald said during JCB’s Conexpo 2014 press conference in Las Vegas this week.
    Read More
  • VDMA reports steady German equipment sector
    February 14, 2013
    Steady financial performance is claimed for the German equipment producers in 2012, according to the manufacturing association VDMA. The German construction equipment and building material machinery industry generated €12.5 billion in turnover during 2012 according to the latest results. Of this, construction equipment accounted for €7.9 billion, while €4.6 billion of business came from the building material, glass and ceramics machinery sector. This is a nominal decrease of around 1% compared to 2011. Afte
    Read More
  • Market bullish at bauma China 2016 exhibition
    February 1, 2017
    Key manufacturers reported a return to business confidence in China at the recent bauma China 2016 construction equipment exhibition The event was held at the Shanghai New International Expo Centre (SNIEC) and attracted 170,000 visitors from 149 countries, despite the cold weather and constant rain that plagued its first two days. The healthy attendance is a reflection of the gradually improving Chinese market. The Chinese economy suffered a slump in business levels in recent years, following a boom per
    Read More

Highlighted Content