Investigation of the World Railway Sector Development Prospects and Turkey's Status

Todays, changing consumer habits, comfort convenience, speed, environment and safety in terms of transportation by rail as a reliable transportation route is a sustainable and efficient option comes to the fore. Railway investments are increasingly rising worldwide to reduce regional economic and so...

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Main Author: Alper Uğur
Format: Article
Language:English
Published: Istanbul University 2019-12-01
Series:Alphanumeric Journal
Subjects:
Online Access: http://alphanumericjournal.com/media/Issue/volume-7-issue-2-2019/demiryolu-sektorunde-dunya-gelisme-beklentileri-ve-turkiyeni_Al1KAuK.pdf
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author Alper Uğur
author_facet Alper Uğur
author_sort Alper Uğur
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description Todays, changing consumer habits, comfort convenience, speed, environment and safety in terms of transportation by rail as a reliable transportation route is a sustainable and efficient option comes to the fore. Railway investments are increasingly rising worldwide to reduce regional economic and social development disparities. According to the study of the European Rail Industry Association (UNIFE), market growth prospects in the railway sector in the coming years, the world rail market is expected to reach an average annual value of euro 185 billion in 2016-2021, with an annual growth rate of 2.3%. Railway sector product and service providers are expected to reshape their future organizational plans in the related works in a way that will meet customer expectations in freight and passenger transport in order to increase efficiency and quality management within the framework of market development expectations in the coming years. In this study, regional expectations of market growth for railways product and service groups in the World and Turkey's current status are analyzed in accordance with statistical data and information that are obtained from different sources depend on the railway sector and the expected developments are evaluated. In the conclusion section the results were shared with the suggestions to increase of the Turkish railway sector ratio in the world railways market in the future.
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spelling doaj.art-999346e880634b8d9743da08ea3cf9442023-02-15T16:18:36ZengIstanbul UniversityAlphanumeric Journal2148-22252019-12-0172369398http://dx.doi.org/10.17093/alphanumeric.58229021482225Investigation of the World Railway Sector Development Prospects and Turkey's StatusAlper Uğur0 Raylı Sistemler Mühendislik ve Müşavirlik A.Ş., Todays, changing consumer habits, comfort convenience, speed, environment and safety in terms of transportation by rail as a reliable transportation route is a sustainable and efficient option comes to the fore. Railway investments are increasingly rising worldwide to reduce regional economic and social development disparities. According to the study of the European Rail Industry Association (UNIFE), market growth prospects in the railway sector in the coming years, the world rail market is expected to reach an average annual value of euro 185 billion in 2016-2021, with an annual growth rate of 2.3%. Railway sector product and service providers are expected to reshape their future organizational plans in the related works in a way that will meet customer expectations in freight and passenger transport in order to increase efficiency and quality management within the framework of market development expectations in the coming years. In this study, regional expectations of market growth for railways product and service groups in the World and Turkey's current status are analyzed in accordance with statistical data and information that are obtained from different sources depend on the railway sector and the expected developments are evaluated. In the conclusion section the results were shared with the suggestions to increase of the Turkish railway sector ratio in the world railways market in the future. http://alphanumericjournal.com/media/Issue/volume-7-issue-2-2019/demiryolu-sektorunde-dunya-gelisme-beklentileri-ve-turkiyeni_Al1KAuK.pdf forecastproduct groupsrailway sectorturkish rail marketworld market growth
spellingShingle Alper Uğur
Investigation of the World Railway Sector Development Prospects and Turkey's Status
Alphanumeric Journal
forecast
product groups
railway sector
turkish rail market
world market growth
title Investigation of the World Railway Sector Development Prospects and Turkey's Status
title_full Investigation of the World Railway Sector Development Prospects and Turkey's Status
title_fullStr Investigation of the World Railway Sector Development Prospects and Turkey's Status
title_full_unstemmed Investigation of the World Railway Sector Development Prospects and Turkey's Status
title_short Investigation of the World Railway Sector Development Prospects and Turkey's Status
title_sort investigation of the world railway sector development prospects and turkey s status
topic forecast
product groups
railway sector
turkish rail market
world market growth
url http://alphanumericjournal.com/media/Issue/volume-7-issue-2-2019/demiryolu-sektorunde-dunya-gelisme-beklentileri-ve-turkiyeni_Al1KAuK.pdf
work_keys_str_mv AT alperugur investigationoftheworldrailwaysectordevelopmentprospectsandturkeysstatus