Global infrastructure spending promises good news for fleet managers

Making the future brighter for fleet managers and their drivers requires investment in more than just green cars and safety technology. After all, the world's automotive manufacturers could create the most efficient car possible, but it would be useless if the world's roads weren't up to scratch. 

By 2030, 60 per cent of the world's population will live in cities.

Recent research from PricewaterhouseCoopers (PwC) has revealed that the world is on the cusp of major infrastructure investment, with transport projects likely to be a priority. 

These investments will become especially important in Australia, where a rising population is likely to combine with added congestion to demand transport solutions. With McKinsey & Company predicting 60 per cent of the world's population to live in cities by 2030, while owning more than 2 billion cars, increased expenditure is a necessity. 

Global infrastructure investment takes transport focus

A recent announcement from PwC discovered that transport infrastructure investment is set to grow by up to 5 per cent each year between now and 2025. According to the firm, it's expecting roads to continue to occupy the most attention, especially as the rise of green cars is likely to keep vehicles on city streets for years to come. 

For the Asia-Pacific region in particular, analysts at PwC are expecting governments to follow similar trends as to what's being observed overseas. Along with this focus on added roads, there's also likely to be increased investment in public transport to reduce the negative effects of congestion. 

Infrastructure spending will prioritise transport upgrades. Infrastructure spending will prioritise transport upgrades.

Will personal vehicle use change?

These predictions suggest that the automobile will continue to remain an essential part of the country's transport profile, with extra roads planned to accommodate a rising number of vehicles. 

Ford studied the way businesses depend on cars in a recent survey, finding they're still an essential asset for many of the country's professionals. Rather than looking to replace their cars as technology progresses, the business owners included in the survey instead would rather they came with more useful gadgets. 

According to the survey results, Ford found that three-quarters of business owners would be more productive if they had access to hands-free technology in their vehicles. 

On top of this, some are also trying out cars that run on different fuels to petrol, with 17 per cent of respondents using diesel or other alternatives to power their company cars. 

Although the nature of the world is changing, cars are expected to remain a priority, with infrastructure investment and consumer behaviour reflecting these trends.