Frost & Sullivan has embarked on a global urban mobility study that will help companies track, monitor and make necessary decisions on the changing trends in mobility.
"Unprecedented awareness about the hazards of automotive emissions, improved technologies for renewable energy, smart grids, and electric /hybrid vehicles has driven most companies around the world to search for more sustainable and profitable models for mobility," said Mr. Darren George, Frost & Sullivan Global Customer Research Director.
He added that the new generation (Generation Y) is likely to prefer car sharing/ leasing and renting as opposed to vehicle ownership.
Mr. George said that as part of the study, Frost & Sullivan would track the mobility of 24,000 commuters and inner-city residents over a year across 20 global cities, covering weekdays and weekends. The cities include Kuala Lumpur, Singapore, Jakarta, Manila, Beijing, Shanghai, New Delhi, Seoul, Sydney, London, Frankfurt, Paris, Cairo, Moscow, Dubai, Johannesburg, Rio de Janeiro, Mexico City, New York and San Francisco.
The aspects that would be covered are travel time, distance travelled, mode of transportation used, dollar value of travel, whether commuters know or care about green mobility, and readiness to pay for various services.
He also said that the monthly study results will be analyzed on a quarterly basis, with the first report expected to be released at the end of this year.
Mr. George said that the increase in global urbanization and the development of mega-cities will continue to strain resources. "Personal urban mobility is one of the major problems that have to be effectively addressed by both the public and private sector because of its impact on the economy, environment and quality of life, as mega cities thrive" he added.
He also said that Governments around the world are keen to redesign cities, improve public transportation and limit car usage to improve the quality of life for city residents, which is likely to drastically change the mobility of people in the short term.
Mr. George said that the mobility research program will benefit the governments, infrastructure players, IT and energy companies, telecoms providers, automotive companies and public transport authorities. He added that Frost & Sullivan will analyze the costs incurred with existing systems - congestion, accidents, pollution and land space devoted to cars -, compare and benchmark cities around the world that are very different in terms of size, demographics and wealth. The research will generate and test proposals for improving how people move around so better solutions can be found as the growth in populations in major cities across the world continues to expand.
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