Urbanization and its associated side effects - ranging from congestion to air pollution - have placed public transit on the center stage, for the consideration of governments, city transport planners, and private enterprises. More than 60percent of the world's population is expected to live in cities by 2020, which will result in considerable congestion. With the evolution of mega cities and mega corridors across the globe, average travel distances for passengers commuting to work are expected to increase. The continual growing price of oil, coupled with concerns over environmental sustainability of our transit systems, are leading to a strengthening regulatory environment in cities. Therefore policy measures such as congestion charging, low emission zones, tolling, and electric vehicle incentives are being prioritized along with public transport investment. On the whole, this will influence mobility patterns of urban city dwellers, leaning towards advanced, efficient, and effective public transport systems.
Recessionary trends in the developed world and the inflationary environment in emerging economies are expected to influence consumer travel behavior and, indeed, the transportation infrastructure. Potentially, this would see reduced demand for expensive (rail/light rail) infrastructure in the short term in developed economies, in contrast to the demand for a cost-effective mass transit solution in emerging economies, in the lack of any current sophisticated mobility infrastructure.
The report covers the market trends for urban mobility in terms of volume and value. The market volume is provided in terms of thousand units; whereas the value for the urban mobility market is provided in terms of $million projected from 2012 to 2019. The urban mobility market is broadly segmented by passenger cars (Compact Cars, Sedans, and SUVs), by two-wheelers (Bikes, Mopeds, Electric Bikes, and Cycles), by vehicle type (Passenger Cars and Two-Wheelers), and by region (Asia-Oceania, Europe, North America & Rest of the World).
This report classifies and defines the trends of urban mobility market volume and value. It also delivers qualitative insights about the segments of urban mobility market. The report also gives a wide-ranging review of the market drivers, restraints, opportunities, challenges, and key issues in the urban mobility market. The key players in the market for urban mobility have also been identified and profiled. The report gives insights of various issues and some winning imperatives that every other urban mobility manufacturer can do to get the winning edge over others in the market.