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ut ownership in South Asia and Africa will still only be around one car per 20 people in<br />

2035. The OPEC car ownership rate almost doubles, from 68 to 128 per 1,000.<br />

Commercial vehicles<br />

The Reference Case projection for commercial vehicles 39 is shown in Table 2.3.<br />

Total volumes in 2035 reach just over 440 million, increasing on average by 3.5%<br />

p.a., similar to the expected average rate of global economic activity. Once more,<br />

developing Asia is the key source of growth, accounting for 55% of the global rise<br />

(Figure 2.8).<br />

Oil use per vehicle<br />

Many factors will affect average oil use per vehicle. Wealth levels can have opposing effects,<br />

positively, as increases in wealth affect car purchase decisions, but also negatively<br />

Table 2.3<br />

The volume of commercial vehicles in the Reference Case millions<br />

Growth<br />

% p.a.<br />

2008 2020 2035 2008–2035<br />

North America 30 37 43 1.3<br />

Western Europe 38 49 69 2.3<br />

OECD Pacific 25 25 26 0.2<br />

OECD 93 112 138 1.5<br />

Latin America 15 25 38 3.6<br />

Middle East & Africa 10 19 37 5.1<br />

South Asia 8 25 64 8.1<br />

Southeast Asia 18 37 72 5.3<br />

China 14 27 50 4.9<br />

OPEC 10 17 28 3.7<br />

Developing countries 74 150 289 5.2<br />

Russia 6 6 7 0.7<br />

Other transition economies 3 5 7 2.6<br />

Transition economies 9 11 13 1.6<br />

World 176 273 441 3.5<br />

85<br />

Chapter<br />

2

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