Menu

A combination of Hyperloop, air taxis, and suborbital rockets could enable a traveler to reach any location on earth in 60 minutes

Santa Clara, Calif. – June 1, 2020 – Frost & Sullivan’s recent analysis, Evolution of 3rd, 4th and 5th Dimensions of Travel, reveals that the transportation landscape across the globe will experience a revolution in the next decade. The advent of new modes of public transportation will lead to new transportation business models across all three dimensions of travel such as air taxis and hoverbikes in the 3rd; Hyperloop and Maglev trains in the 4th; and suborbital, orbital, and deep space travel in the 5th dimension.

For further information on this analysis, please visit: http://frost.ly/44y

“These new modes of transport promise to address the issues associated with the current travel modes—longer commute time, carbon emission, accidents, and traffic congestion—and 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:

  • Safety is the biggest concern for passengers who will embrace air taxi services in the future. The primary objective of companies offering new modes of transport should be to invest in technologies that will ensure the safety and comfort of passengers.
  • An intelligent and efficient unmanned traffic management system is required for large-scale adoption of air taxis. Organizations should invest in and collaborate with start-ups developing UTM systems.
  • Solar power is expected to be used for 4th dimension modes of travel such as Hyperloop. Market participants involved in the solar energy sphere can collaborate with 4th dimension travel companies to help build solar capabilities.
  • As 5th dimension travel is commercialized and gains popularity, there will be increased demand for spaceports to launch rockets. Companies engaged in space tourism can work closely with regulatory agencies, governments, and real estate companies to set up and operate spaceports in strategic locations.

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

MF17

Contact:

Francesca Valente

Corporate Communications

E: Francesca.Valente@frost.com

http://ww2.frost.com

 

About Francesca Valente

Francesca ValenteFrancesca currently serves as Global Corporate Communications Director at Frost & Sullivan, leading the coordination and alignment of communications strategy and activities in all regions. She speaks italian, spanish, english and french fluently. Her 10-year international experience in Marketing & Communications includes positions in the automotive, cosmetics and fashion industry for companies such as Plastic Omnium, L'Oréal, DIM. Francesca holds a BA in International Business from ESCE (Paris, France), as well as a Master's degree in International Marketing & Communications from the Polimoda International Institute of Design & Marketing (Florence, Italy).

About Francesca Valente

Francesca Valente

Francesca currently serves as Global Corporate Communications Director at Frost & Sullivan, leading the coordination and alignment of communications strategy and activities in all regions. She speaks italian, spanish, english and french fluently. Her 10-year international experience in Marketing & Communications includes positions in the automotive, cosmetics and fashion industry for companies such as Plastic Omnium, L'Oréal, DIM. Francesca holds a BA in International Business from ESCE (Paris, France), as well as a Master's degree in International Marketing & Communications from the Polimoda International Institute of Design & Marketing (Florence, Italy).

Have Questions?

We have Answers.

Schedule a Complimentary Growth Strategy
Dialogue with an Industry Expert

877.GoFrost

(877.463.7678)

myfrost@frost.com

COVID-19 Growth Pipeline Diagnostic™

In less than 15 minutes, you will be provided insight to more accurately assess your company.

This Covid-19 Growth Pipeline Diagnostic™ will provide you with a benchmark on how well your company is prepared to grow in the future. The ten questions are based on best practices of the top 10% of companies that consistently achieve their growth potential.

Powering Clients to a Future Shaped by Growth

   

Subscribe to the Growth Opportunity Newsletter!

Share This
X