SOURCE: Frost & Sullivan

April 06, 2011 07:05 ET

Global High Speed Rail Market on the Fast Track for Business Development

Frost & Sullivan to Host Complimentary Web Conference on the Business Potential of HSR Over the Next 10 Years -- Wednesday, 13th April 2011 at 3 p.m. BST

LONDON--(Marketwire - April 6, 2011) - In ten years time the face of inter-city travel will no longer be the same. Travelling by High Speed Rail (HSR) instead of flying will cause a turnaround in global infrastructure developments. With countries across the globe starting to implement their HSR plans, it is not surprising to find market participants discussing the business potentials the rail industry is to offer.

Frost & Sullivan will hold a complimentary web conference, entitled Fast Track for the Development of the Global High Speed Rail Market, taking place on Wednesday, 13th April 2011, at 3 p.m. BST. Vice President Growth Consulting, Franck Leveque, and Industry Analyst, Donald Ivan, will provide valuable inputs on the trends driving this shift, the developments across regions and an analysis on the market opportunities for infrastructure and rolling stock across the global high speed rail sector. Highlights of the web conference include an analysis of rail megatrends, future demand for track side infrastructure, a region-wise forecast of rolling stock demand and the global competitive landscape.

To participate in this complimentary briefing, please email Katja Feick at katja.feick@frost.com with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

"Over the next ten years an estimated $824 Billion and $76 Billion will be spent for high speed rail infrastructure development and rolling stock procurement respectively across the globe," estimates Ivan. "The high speed rail network within Europe alone is poised to grow three times from 6,515 kms in 2010 to 20,000 kms in 2020."

While the European industry players will enjoy a preferential treatment to cater to this immense internal demand, they are likely to face intense competition from their newly established Asian counterparts, bidding for international projects outside Europe. Emerging Asian rolling stock manufacturers like Rotem Hyundai and China Railways High Speed (CRH) are to play a significant role in projects across Middle East/Africa and the USA and are expected to grab over ten per cent of the global HSR rolling stock market share by 2020.

Blown by the alarming pressure of these new entrants, European OEMs so far dominating the market are looking at ways to form strategic partnerships and to connect closely with domestic players in order to retain their dominance and to successfully participate in projects across emerging economies of Asia, Latin America and the Middle East.

The web conference will benefit global rolling stock manufacturers, rail infrastructure developers, rail network managers and operators, rail component suppliers, investment bankers and government entities as well as all companies involved in the mobility industry.

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