Mobility

• The worldwide market for Mobility as a Service (MaaS) is expected to grow at a CAGR of roughly 36.8% over the next five years, will reach US$158000 million in 2024, from US$24100 million in 2019.
• All told, car sales will be only slightly higher in 2030, while new spending on mobility services will total $1.34 trillion.
• The global automotive industry is driven by the growing middle class and the car sales worldwide will continue to grow despite the rise of e-hailing and car sharing sectors.
• Automotive OEMs will be transitioning away from vehicle manufacturing towards becoming Mobility-as-a-Service (MaaS) providers as the launch of 5G in 2019 presents opportunities for autonomous vehicles and services to become a reality.
• Over the next five years the Mobility as a Service (MaaS) market will register a 36.8% CAGR in terms of revenue, the global market size will reach US$158000 million by 2024, from US$24100 million in 2019.
• Dramatic transformation in the mobility market will occur in the next 25 years and shared mobility will account for 80% of the mobility market by 2050.
• Clean energy employment grew 3.6% in 2018 in the US, adding 110,000 net new jobs, and employers expect 6% job growth in 2019.
• Utilities led by RWE AG and unions covering the mining, chemicals and metals industry warn that jobs will be lost and competitiveness hurt if Germany closes coal plants too quickly.
• The Polish mining industry is expected to lost 41,000 jobs by 2030 and the Czech Republic, Bulgaria and Romania are expected to lose a further 10,000 each.
• Blockchain and deeper mining of data will be major trends in 2018, but also believes that the IoT will start driving changes in the jobs market.
• Saudi Arabian Mining Company Maaden signed an agreement with Alcoa to expand its mining capacity in Ras Al Khair Industrial City by investing $500 mln in a deal expected to create 500 jobs by 2020.
• With many new mining projects on the horizon in Nunavut and Yukon, growth is expected to take off over the next five years.
• By 2050, there will be new jobs for space exploration, space mining, space travel and even space hotels.
• In comparison the total global economy is expected to expand 2.7% per annum while the mining and agriculture sectors are forecast to grow 2.0% and 2.2% per annum respectively.
• Robotics and automation will displace 24.7 million jobs and create 14.9 million new jobs by 2027.
• Coal mining will play no significant role in future US employment trends, Trump or no Trump.
• The use of U.S.-produced wood pellet fuel blended with coal in large utility power stations could sustain coal mining jobs.
• Jobs that rely on hand-eye coordination will be strongly affected by a new wave of flexible robots that will take over tasks in agriculture, mining, construction, and surgery.
• Job growth will occur in categories that are tied to population and housing growth and to an expansion of existing commercial contracts in mining, agriculture and even manufacturing.
• There is little hope that South Africa's manufacturing, mining, electricity, construction and transport sectors will create jobs unless commodity prices strengthen.
• Jobs growth in Queensland will overwhelmingly come from the services sector from now on.
• Far in 2016 over 2000 mining jobs have been cut and many more are forecast to go in the sector.

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Last updated: 25 August 2019