Increasing Urban Transport Challenges are Likely to Impel the Growth of POD Taxi Market in Future, according to Research Nester
Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video


  • Increasing Urban Transport Challenges are Likely to Impel the Growth of POD Taxi Market in Future, according to Research Nester

     



    (Transportation-News.com, November 22, 2017 ) The global POD taxi market is segmented into applications such as airports, shopping malls, eco towns, urban city developments and tourist attractions. POD taxi is a type of automated guide way transit which is used for small group travel. Increasing population in urban areas is a major factor which is increasing the demand for better transportation system. Furthermore, growing concerns regarding public transportation in urban areas is a major factor which is expected to bolster the growth of global POD taxi market over the forecast period.

    Global POD taxi market is expected to thrive over the forecast period. Moreover, the global POD taxi market is expected to reach at notable revenue by the end of 2021. Increasing carbon emission and rising consumption of energy are major concerns which are likely to increase the adoption of pod taxi transportation system in order to reduce the pollution caused by vehicles running on fossil fuel.

    Asia Pacific POD taxi market is anticipated to witness considerable growth during the forecast period. Furthermore, China and Japan are likely to contribute significantly in growth of POD taxi market in Asia Pacific. For instance, Indian government is looking forward to bring pod taxi services in Gurgaon and Bangalore cities. Further, implementation of personal rapid transit (PRT) system in India is likely to augment the expansion of Asia Pacific POD taxi market during the forecast period.

    Challenges for the Transport System

    Transport challenges such as traffic congestion and parking difficulties, road accidents, land consumption and high maintenance cost are major factors which are fuelling the need for transport solutions. Governments are investing wisely to support economic growth of country as well as improvement of transportation infrastructure. Furthermore, governments of various developed and developing countries are adopting POD taxi services to offer more convenience to the population of the country.

    Request Free Sample Pages@ https://www.researchnester.com/sample-request/2/rep-id-94

    Increasing Incidence of Road Accidents

    According to World Health Organization, around 1.25 million people die every year due to road accidents globally. Increasing rate of deaths in road accidents is a major factor which is estimated to fuel the adoption of PDO taxi transport system in future.

    Although, high capital investment required for POD taxi, low transportation budget in underdeveloped countries are some of the factors which are likely hinder the growth of the POD taxi market in the near future.
    The report titled “Global POD Taxi Market Analysis & Opportunity Outlook 2021” delivers detailed overview of the global POD taxi market in terms of market segmentation by technology, by application area and by region.
    Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

    Request Free Table of Contents Here: https://www.researchnester.com/toc-request/1/rep-id-94

    This report also provides the existing competitive scenario of some of the key players of the global POD taxi market which includes company profiling of skyTran, Inc., Vectus Ltd. ,ULTRA PRT LTD, 2getthere, Metrino-PRT, Fairwood Group and Boeing. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global POD taxi market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

    About Research Nester

    Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

    Purchase this Premium Report: https://www.researchnester.com/payment/rep-id-94


    Research Nester

    Ajay Daniel

    +1 6465869123

    ajay.daniel@researchnester.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    EuropeNewswire.net - Newswire and Press Release service of GroupWeb Media LLC