Of respondents from the Rest of the World and North America, 64% and 61%, respectively, are ‘more optimistic’ about revenue growth, followed by 60% of respondents from Asia-Pacific and 51% from Europe.
London, December 20, 2011 – The steps taken by transport industry respondents to contain costs and re-evaluate strategies to overcome business threats, an increase in passenger and cargo demand, the expansion of railroad infrastructure and the channelling of marketing efforts have contributed to the gradual erosion of economic uncertainty. This has led to the transport industry being much more optimistic about revenue growth for their company in comparison to the past 12 months as expressed by 57% of respondents.
Levels of consolidation are expected to increase over the next 12 months expressed by executives from transport buyer companies (reference Figure 11 below) . Potential factors for the increase could be a result of the need to manage new cost or demand pressures, increase market shares, develop new products, repay debt or adhere to new compliance procedures. As global markets begin to recover, infrastructure activity and demand for services is expected to substantially increase in 2011. This will lead to larger companies acquiring small, local companies with strong business models and growth opportunities to integrate their services.
London, December 20, 2011 – The steps taken by transport industry respondents to contain costs and re-evaluate strategies to overcome business threats, an increase in passenger and cargo demand, the expansion of railroad infrastructure and the channelling of marketing efforts have contributed to the gradual erosion of economic uncertainty. This has led to the transport industry being much more optimistic about revenue growth for their company in comparison to the past 12 months as expressed by 57% of respondents.
Levels of consolidation are expected to increase over the next 12 months expressed by executives from transport buyer companies (reference Figure 11 below) . Potential factors for the increase could be a result of the need to manage new cost or demand pressures, increase market shares, develop new products, repay debt or adhere to new compliance procedures. As global markets begin to recover, infrastructure activity and demand for services is expected to substantially increase in 2011. This will lead to larger companies acquiring small, local companies with strong business models and growth opportunities to integrate their services.
China has been identified as the most important region for growth among emerging markets. China has strong market potential, sufficient labor resources, expansion of its railroad infrastructure and sound corporate governance, therefore it is expected to grow rapidly in 2011. China plans to extend its rail network from 8,350 km to 13,000 km by the end of 2012. India, Brazil and the Middle East are also regions which are expected to show strong growth rates in 2011. India plans to expand its rail network during 2011–2012 for modernization activity. Brazil will host the 2014 FIFA World Cup and the 2016 Olympic Games, and they are expected to launch a bidding process for high speed rail projects with an investment outlay of US$20 billion. Furthermore the Middle East region has investment plans for the development of road infrastructure.
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To purchase the full version of ‘Global Transport Industry Outlook Survey 2011–2012’, please click here.
About Industry Review:
Industry Review is a collection of incisive, regularly updated market reports across 40+ industry sectors and 100+ countries.
We provide access to the latest data on global and local markets, key industries, top companies, M&A activity, new product launches and trends so you can make faster and better informed business decisions.
The reports in our store draw on robust primary and secondary research, proprietary databases, industry surveys and insightful analysis from our own expert teams and from carefully selected third-party publishers.
With access to over 400 in-house analysts and journalists, and a global media presence in over 30 industries, Industry Review delivers in-depth knowledge of local markets worldwide.
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