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Investigating Railway Market Trends based on the Characteristics of International Railway Business Orders

해외 철도사업 발주 특성에 따른 철도 시장 동향 분석

  • Received : 2016.10.28
  • Accepted : 2016.12.26
  • Published : 2016.12.31

Abstract

This research suggests feasible means for domestic railway industries to actively enter overseas railway markets by thoroughly analyzed the business trends of the expanding international railway markets and their characteristics. The 983 independent cases of international railway orders introduced in domestic markets during the past five years were analysed. In order to enhance the efficiency and consistency of the series of analysis, one classification system was established, and proportions of each category were assessed after the analysis of each piece of business information in the classification. It can be concluded from the analysis that early entrance into new projects with system design similar to that used in Korea will enrich the chances for domestic industries to enter the expanding international railway market, because Korean business is likely face competition from other companies for low-price contracts if the entering timing to the market is too late.

Acknowledgement

Supported by : 국토교통과학기수진흥원

References

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