With familiar language that suggests that high-speed rail will save almost everything in the universe, how reliable can Market Research's research be?
What we can believe is that it's about the money, hundreds of billions of dollars' worth.
That means, we can be sure that the companies in the HSR manufacturing sector, and also those companies, like Bechtel, HNTB,T.Y. Lin, and Parsons Brinckerhoff, are doing massive amounts of lobbying and public relations to make sure about the federal government remaining committed to putting out those billions of dollars for HSR. All the other countries in the HSR business are actively ringing our doorbell as well to get in and get contracts. I'm sure they have lobbyists all over Washington. The fix is in!
It's unclear -- and ironic -- to whom Market Research is pitching this HSR promotion inasmuch as the US has no development capacity for construction or manufacture of HSR related work or products. It will all have to be bought off shore. The American company, G.E., has affiliated itself with the major Chinese HSR manufacturer to get a foothold in this industry in the US. This suggests that all those promised jobs will be not much more than union-satisfying token hiring.
What we're trying to point out here is that high-speed rail in the US is primarily a marketing exercise; an endeavor to spring federal dollars that will flow through states and congressional districts, but not into the hands of American workers exclusively. And, all the purchasing will also see dollars headed out of the country to Asia or Europe for the rolling stock and other essential hardware that we don't manufacture here.
The case we have been seeking to build in this blog is that this high-speed rail program nationally, and high-speed project in California is not what they promise us. It's not what it seems. We are being scammed.
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http://www.marketwire.com/press-release/High-Speed-Rail-Industry-to-Reach-907-Billion-By-2015-1402964.htm
MARKETRESEARCH.COM
Feb 28, 2011 11:08 ET
High Speed Rail Industry to Reach $907 Billion By 2015
ROCKVILLE, MD--(Marketwire - February 28, 2011) - MarketResearch.com has announced the addition of SBI's new report, "High Speed Rail Infrastructure Component Manufacturing," to their collection of Railway Equipment market reports.
The successful installation of a fast moving transportation system is beneficial on two levels. First, it would decrease the nation's reliance on depleting fossil fuels and secondly, HSR will stimulate local economies and drive growth across the U.S. [Sound familiar?]
According to SBI Energy's new industry study High Speed Rail Infrastructure Component Manufacturing, the accumulated market value of global HSR manufacturing sectors was $244 billion from 2005 to 2009 and will grow to reach $907 billion between 2010 and 2015.
Nations around the globe are increasing their roll out of high-speed rail initiatives during 2010, making them an integral part of the overall transportation infrastructure. Several countries in Europe, for example, currently lacking an HSR system have made commitments to begin construction by the end of the year. In Asia, a multitude of HSR development projects are underway with anticipated completion dates between 2015 and 2020 and of the 17,000 miles of planned HSR track implementations worldwide, nearly 10,000 is allocated for Asia, SBI Energy reports.
The move for high-speed rail in the U.S. will create or save tens of thousands of jobs in areas like track-laying, manufacturing, planning and engineering, and rail maintenance and operations. Over 30 rail manufacturers, both domestic and foreign, have agreed to establish or expand their base of operations in the U.S. if they are hired to build the country's next generation HSR lines -- a commitment the Obama Administration secured to help ensure new jobs are created in the U.S. [There is no high-speed rail capacity in the US for any of the tasks identified above. That means, heavy reliance on overseas capacities. And that's where our dollars will flow.]
This SBI Energy report analyzes the market opportunities that global HSR manufacturers are eager to embrace through the next decade. We examine the critical trends driving HSR growth by region and forecast the value of this growth by each of the manufactured HSR components. Finally, we look at the socioeconomic and consumer-based trends affecting the HSR industry, such as the development of next-generation HSR products, safety issues, and long-term effects of HSR on a transportation economy.
For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=2496796.
Contact:
Veronica Franco
MarketResearch.com
vfranco@marketresearch.com
240.747.3016
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http://www.marketresearch.com/product/display.asp?ProductID=2496796.
High Speed Rail Infrastructure Component Manufacturing
SBI
July 1, 2010
150 Pages - Pub ID: SB2496796
During 2010, many nations will increase their roll out of high-speed rail (HSR) initiatives to make them a more integral part of their overall transportation infrastructure and improve their transportation infrastructure for commuters and freight. Several countries in Europe that lack an HSR system have expressed their commitment to begin construction by the end of the year. Many Asian nations, too, have already begun HSR development projects that will be completed by 2015 or 2020. China and Japan, for instance, are rolling out thousands of miles of new routes that will expand their established HSR network and create new HSR capacity through the next decade.
Manufacturers of a multitude of HSR components required to construct this complex transportation system stand waiting in the wings to capitalize on the potential need for their supply of goods and services.
Nations with little or no HSR infrastructure, such as the United States, are closely weighing the benefits of HSR adoption and the initial and long-term financial commitments. Much of the debate is centered around the types of HSR infrastructure to implement. Traditionalists of HSR manufacturing advocate a wheels-on-rail system while futurists prefer the more costly magnetic levitation (maglev) system.
This SBI Energy report analyzes the market opportunities that global HSR manufacturers are eager to embrace through the next decade. We examine the critical trends driving HSR growth by region and forecast the value of this growth by each of the manufactured HSR components. Finally, we look at the socioeconomic and consumer-based trends affecting the HSR industry, such as the development of next-generation HSR products, safety issues, and long-term effects of HSR on a transportation economy.
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By the way, the entire 250 pg. report will cost you $4,800. from Market Research.com
