5 ADVANCEMENTS IN TRANSPORTATION INVESTORS CAN CAPITALIZE ON
Transportation: He transportation sector is at the forefront of this rapid “discovery to market” process.
It’s no news that technology has been advancing at an incredible pace. There is hardly a day in which discovery is not announced on the news. As soon as a discovery is made today, it often rolls from the labs directly to the market. The transportation sector is at the forefront of this rapid “discovery to market” process.
A beautiful thing about the “discovery to market” process is that it brings fresh opportunities for investments in technologies that will dominate the world in years to come. Investing in these discoveries is almost like investing in Apple, Tesla or Amazon in the early days, as they will dominate the world in the coming years. Here are five advancements in the transportation sector you absolutely must capitalize on.
Electric Vertical Take-off and Landing Vehicles (e-VTOL)
Humankind has always dreamed of flying; it’s a wonder we try to make everything fly. Before now, the only commercially viable way to fly was by burning fossil fuels. With the push towards getting a greener future, it seemed we would have to cut down on flying as the aviation industry releases over 500 million tons of CO2 yearly. Innovation has eventually come to the rescue, and it’s now commercially viable to use electricity to power flight. In 2020 alone, over a billion dollars was invested in e-VTOLs, with companies like Boeing, Uber, NASA and Airbus leading the charge. It is projected that by 2026, the e-VTOL market size will reach about 87 billion dollars in 2026.
One company to particularly look out for in the e-VTOL market is Astro Aerospace. They just created one of the world’s first fully functional aerial vehicles. They tend to keep pushing the boundaries of what is possible, and they are tremendous on safety. Also, they make sage and sound business decisions, like their recent acquisition of Horizon Aircraft Inc. In the next few years, they will be the most dominant force in the industry.
Internet of Things
The growth of the internet has not stopped since its inception in 1983. The internet is now being extended to our everyday gadgets, e.g. our coffee maker, to make them more efficient. Imagine switching on the air conditioner in your room on your way from work to keep the room at optimal temperature for your coming. In a world where the internet of things is the norm, cars will connect and communicate with other cars on the road. Make decisions based on other cars, alerting you to slow down in a particular area due to recent rain or avoid specific roads due to traffic jams.
Companies like Alphabet (Google’s parent company), Apple and Tesla have invested heavily in this area, and they have made giant leaps and strides. Inevitably, they will soon become as commonplace as smartphones have come to be. In the first quarter of 2020 alone, venture capitalists invested more than three billion dollars in this space.
One company to watch out for in this space is Kymeta, a US-based company that plans to connect vehicles using global satellite networks via the flat-panel satellite antenna on cars’ roofs. They are well funded, and one of their investors is Bill Gates.
It’s no longer news that self-driving cars are the next big thing. Several companies have been pushing it for years. Not only will autonomous vehicles revolutionize transportation for the average person, but they will also change the whole business landscape. Companies with delivery services will be some of the heaviest users of this technology.
As of 2018, the autonomous vehicle market was worth more than 800 billion dollars. The market is projected to reach 1,600 billion dollars by 2025 and 3,195 billion dollars by 2030. This is one of the places to invest in large future returns.
Leading companies in this space include Cruise, Voyage, Swift Navigation and Naruto.
Ever since Elon Musk discussed the Hyperloop’s idea, several people have accepted the idea and run wholeheartedly with it. The Hyperloop’s basic idea is a sealed tube with low air pressure in which the tube can travel almost frictionless. The tube moves at speeds higher than sound and can carry a lot of people. Engineers from Tesla, SpaceX, and Virgin have worked on the Hyperloop and have created prototypes.
It is expected that the Hyperloop market will be worth about 6,000 million by 2026. With the increasing demand for fast transportation, the Hyperloop system is here to stay. The Hyperloop stocks should be in your portfolio.
One of the reasons fossil fuels are still around is that, so far, it has proven very difficult to store energy from renewable sources of energy. Battery technology is not yet at the place where we can remove all forms of fossil fuel use. As such, scientists worldwide are working heavily on the battery problem and turning out results consistently. These advances have enabled the proliferation of Electric vehicles, smartphones, laptops and even electric aircraft like electric vertical take-off and landing vehicles (e-VTOLs) from companies like Astro Aerospace (OTC:ASDN).
Despite the giant leaps made in this field, more work is being done to make battery technology more efficient and at the forefront of this are companies such as Panasonic, Ganfeng, Livent and so on.
It is estimated that the battery market will reach about 35 billion dollars by 2023, and by 2030, it is expected to surpass 168 billion dollars. This is a significant market to invest in as all the major technological advancements will ride on batteries directly or indirectly.
If you are looking to invest in transportation technology, you can’t go wrong in any of these five areas. With billions of dollars to be made in each of the fields, investing in any one of them could potentially make you a multi-millionaire.