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Environmental Awareness Fosters Greater Acceptance Of Light Rail And Undergrounds
London, UK (SPX) Apr 10, 2008 Despite many challenges, the European market for light rail and underground transportation is set to develop. Rising public awareness of global warming and climate change, coupled with efforts to reduce urban congestion, particularly in city centres, will drive market expansion. Simultaneously, the rising potential for replacement orders and growth opportunities in the new EU member states will also positively impact market prospects. New analysis from Frost and Sullivan, European Light Rail and Underground Market, finds that the market will profit from rising environmental awareness, but will also be influenced by complicated funding questions. If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the investment analysis and growth opportunities in the European light rail and underground market, then send an e-mail to Anna Anlauft, Corporate Communications, at [email protected], with your full name, company name, title, telephone number, fax number, and e-mail address. Upon receipt of the above information, an overview will be sent to you by e-mail. "The revival of light rail in Europe will continue as public attitudes towards the image of rail-bound public transport have started undergoing a transformation," notes Frost and Sullivan Consulting Analyst Patrick Rehlein. "Amidst the public debate about global climate change, light rail and underground transport is emerging as a modern and stylish alternative, making it incumbent on the industry and transport authorities to leverage this trend and persist with innovation and lobbying efforts." Reports on climate change and rising energy costs have raised awareness about the shortage of fossil fuels as well as the importance of a more environment-friendly lifestyle. Congestion and the lack of adequate parking spaces have encouraged people to overcome their reluctance to use urban public transport. Stable market growth will be predicated on continued innovation and the availability of government funding. Despite a promising growth scenario, challenges remain. Most transport operators are public utility companies. Extensions to the network or the replacement of rolling stock require sizeable investments. However, funding is a delicate and complicated process with many parties being involved. Nevertheless, European support programmes such as the Cohesion Fund 2007-2013 offer significant opportunities, especially for the new EU member states. "In most cases, decisions regarding investment in urban light rail or underground are political issues," explains Rehlein. "Therefore, when a new mayor or city council gets elected, the changed balance of power may result in the cancellation of projects, which have been tediously negotiated with the previously elected authorities." Ultimately, gaining access to available funding sources will be crucial to market development. Intensive lobbying will be required, particularly in central and eastern Europe, to boost awareness about the importance of modern light rail and underground networks. Community Email This Article Comment On This Article Related Links Frost and Sullivan Great Train Journey's of the 21st Century
Fewer Delays On The Railways Thanks To Automatic Advice System
Delft, Netherlands (SPX) Apr 10, 2008By using an automatic system to advise rail traffic managers, it is possible to limit the consequences of disruptions on the railways. That is the claim by Andrea D'Ariano who has obtained his PhD on the subject at TU Delft. Netherlands Railways (NS) is looking for ways to improve the punctuality of its trains. One possibility is to streamline the sequence of events during breakdowns and delays. |
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