The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreJan 2018
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Hyperloop is regarded as the next game-changing transportation mode, not only within the travel industry but also as part of public transportation more widely. An increasing number of players are entering the Hyperloop race, among which are Virgin Hyperloop One and Hyperloop Transportation Technologies, with plans for development of Hyperloop networks in Europe, Asia Pacific and the Middle East.
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Huge investment in infrastructure developments by governments and local authorities inthe transportation segment has been serving as a magnet for Hyperloop start-upsacross the world. Although still at the stage of conducting feasibility studies and tests bymain players, the new mode of transport is seen as a way to improve congestion,reduce carbon emissions, support economic growth and bolster trade.
Start-ups interested in venturing into the Hyperloop trend are mushrooming,securing financial investment and conducting tests with ambitious goals to becomefully operational as early as 2020. The biggest investors are concentrated in theUS, although regional players are increasingly venturing into the game.
Dubbed the “fifth transportation mode”, Hyperloop has the potential to become thebiggest disruptor within the transportation industry, challenging established segmentssuch as the airline and railway businesses. Associated with the name of Elon Musk, theHyperloop concept is based on magnetic levitation technology and pressurised tubes forthe transportation of people and cargo.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.