Frost & Sullivan Analyzes the Evolution of 3rd, 4th and 5th Dimensions of Travel – PRNewswire

Posted: June 1, 2020 at 7:53 pm

"These new modes of transport promise to address the issues associated with the current travel modeslonger commute time, carbon emission, accidents, and traffic congestionand revolutionize the way people commute," said Joe Praveen Vijayakumar, Intelligent Mobility Analyst at Frost & Sullivan. "Additionally, a combination of Hyperloop, air taxis, and suborbital rocket could enable a traveler to reach any location on earth in 60 minutes. Suborbital travel is expected to become widely commercialized, mainly because of the short flight duration, relatively low cost and a whole host of applications including zero-gravity weddings and photoshoots."

Vijayakumar added: "Regulations, infrastructure, and technology required for mass commercialization of new modes of travel are still in nascent stages and are expected to become mature and standardized by 2050. Further, Maglev, Hyperloop, and air taxis are expected to be affordable inter- and intra-city modes of transportation in the future, whereas space-based travel modes are expected to be premium priced and aimed at the ultra-rich initially."

Companies offering new modes of transport should focus on the following growth opportunities:

Evolution of 3rd, 4th and 5th Dimensions of Travelis the latest addition to Frost & Sullivan's Aerospace & Defense research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Evolution of 3rd, 4th and 5th Dimensions of Travel

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Contact:Francesca ValenteCorporate CommunicationsE: [emailprotected]http://ww2.frost.com

SOURCE Frost & Sullivan

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Frost & Sullivan Analyzes the Evolution of 3rd, 4th and 5th Dimensions of Travel - PRNewswire

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