New Transportation research report from Euromonitor International is now available from Fast Market Research

Boston, MA -- (SBWire) -- 09/10/2014 --Travelling was made easy and inexpensive in 2013 largely due to the availability of low cost carriers with the majority of the regional destinations included in their network. New and longer routes, more flight frequencies as well as user-friendly and value-added online booking systems played a key role in securing more air travel sales for Singapore. In addition, business travellers who were on short haul travel or worked on lower corporate travel budgets also benefited from low cost carriers as an alternate form of transportation. This new consumption trend of business travel and strong performance of low cost carriers contributed to slower growth in value sales in 2013 as the average spend per trip reduced accordingly. Passenger movement remained healthy with 5% growth in 2013, well supported by Singapore's open skies agreement in Asia Pacific and increased frequencies to Indonesia and China.

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Industry Prospects:

Transportation value sales are expected to increase at a CAGR of 3% at constant 2013 prices, over the forecast period. Medium and short haul travel in Asia will benefit from low cost carriers. In addition, Singapore Changi Airport is set to open Terminal 4 by 2017, heightening passenger movements. In 2014, new airline operations such as TATA SIA Airlines and two other low cost carriers like TigerAir Taiwan and NokScoot will generate more growth for air transportation within the region.

Report Overview:

Discover the latest market trends and uncover sources of future market growth for the Transportation industry in Singapore with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Transportation industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.

The Transportation in Singapore market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth  
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Transportation in Singapore?
- What are the major brands in Singapore?
- Is there a move from schedule to low cost carriers?
- Is there a shift away from air to rail?
- How well is capacity aligned with utilisation?

Reasons to Get this Report:

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

Product coverage: Transportation by Category, Transportation by Channel.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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