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Table 1 Threats and Opportunities related to Wild Cards

From: Wild cards in transport

 

Threats and Opportunities

Wild Card

Opportunities

Harmonization of technical standards across Europe strengthens Europe as a united economy

6. Europe-Wide Traffic-Control System

Establishing safety technologies satisfies demanded accident reduction

8. Autonomous Ground Vehicles Widely Used

Policies stimulate R&D and innovation

9. Lightweight Self-Healing Materials Revolutionize Vehicles

Transport industry develops new solutions in the field of sustainable mobility

10. All-Electric Road Transport, Based on Renewable Energy

Increased urban sprawl and congestion push the proliferation of mass transit systems, which represents a new market

11. Superfast Ground Transport

The quality of the journey is in the foreground due to many interlocking solutions, which ensures the leading position of Europe due to its quality standards

13. Massive Abandonment of ICT-based Systems

No corresponding opportunity

5. The Emergence of Drones

No corresponding opportunity

7. Flying cars, at last!

The traditional border among transport sub-sectors crumbles because companies develop new initiatives beyond their core business, which is the entry into new markets

No corresponding Wild Card

Europe strengthens quality and productivity of its products

No corresponding Wild Card

Market adaptability supports shift to emerging markets

No corresponding Wild Card

Threats

Different political interests of EU member countries have an inhibitory effect on European transport industry competitiveness

1. Drastic Decrease in Freight Transport

Future developments force development of new materials, information and communication technologies, future fuels and energy

2. Energy Abundance

Growth of cities and urbanization of rural areas leads to overpopulation of cities and leads to mobility break down

4. Mass Migration of People

Congestion pricing lowers market share of transport

12. Slow Travel / Slow Logistics

Road pricing in urban areas reduces market share of vehicles in urban areas

14. Drastic Decrease in Passenger Transport

No corresponding threat

3. Total Cessation of Economic Relations between US and the EU

New perspectives and ways of business operation, post ownership-society and “mobility instead of transport” diminish markets

No corresponding Wild Card

Competitors in emerging markets displace EU transport industries leading position

No corresponding Wild Card

Loss of leading position if vertical and horizontal integration and creation of competitive European big players is not undertaken due to market adaption and competitiveness on the market

No corresponding Wild Card

SMOG/ Air pollutants caused by transport

No corresponding Wild Card

Restrictive parking regulations/ policy leads to diminution of commuting trips by car

No corresponding Wild Card