• Title/Summary/Keyword: Railway Market

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Strategy Development for Expanding High-speed Railway into both Korean Domestic Market and Foreign Market (고속철도사업 활성화 및 건설업체의 해외사업참여 확대방향 연구)

  • Park, Heedae;Park, Hyung Keun;Jang, Hyeon Seok;Han, Seung Heon
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.31 no.1D
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    • pp.119-126
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    • 2011
  • High-speed railway raises global interests with the growing concerns on the green development and the green energy. However, since most of the infrastructure investment of Korea was focused on the highway projects for last forty years, the investment on the railway has been limited around 40~50% of that of the highway projects. In addition, due to the world economy crisis and unsatisfactory support of existing policy for the private investment project, the private investment is given a small deal of weight on the social overhead capital investment. Meanwhile, despite the world high-speed railway market is growing rapidly and the Korean contractors have won the international construction contracts over 70 billion USD, past records of railway projects are very rare. Therefore, it is required to develop strategies for encouraging private investment in the domestic market to achieve efficient high-speed railway development and for advancing into foreign high-speed railway market. This study carried out data collection and market analysis for both domestic and foreign market respectively. Through a structured questionnaire survey and expert interviews, contractors' perceptions on the high-speed railway market and needs for the government support are collected. Summary of strategies drawn from this study are as follows: 1) carrying out BTL high-speed railway projects and revising related policies; 2) upwarding incentive level for the private pre-investment projects considering the contractors' credit rating; 3) carrying out Honam-Jeju submarine railway project; 4) establishing a efficient consortium model for foreign market; 5) improving the capacity of the Korea Railway Association that support Korean contractors' foreign advancement; and 6) expand the budget for Global Infra-fund.

The Effects of the Environmental Adaptation Pattern of the Railway Public Enterprises on the Marketing Capabilities: A Comparative Study on Korail and Subway Firms (철도공기업의 환경적응패턴이 마케팅역량에 미치는 영향: 코레일과 지하철조직의 비교연구)

  • Shin, Tack-Hyun;Kim, Sung-Ho
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.2174-2181
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    • 2011
  • The purpose of this article is to highlight the relationships among market orientation, environmental turbulence, marketing capabilities, and organizational performance in railway industry(616 participants). Major findings are: 1) market orientation showed a significant effect on marketing capabilities, and organizational performance, 2) environmental turbulence functioned as a moderator not to organizational performance, but to marketing capabilities, 3) and marketing capabilities showed a strong effect on organizational performance. These findings imply that market orientation, as well as marketing capabilities, are so essential for creating a supreme performance in the railway industry.

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Expanding strategies for railway business market (철도분야의 시장확대를 위한 단계별 추진전략)

  • Moon Dae-Seop;Lee Soon-Chul;Bhang Yeon-Keun
    • Proceedings of the KSR Conference
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    • 2004.06a
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    • pp.472-478
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    • 2004
  • This primary study describes the strategies for expanding the railway market to overseas. Therefore, I mainly reviewed and analysed the report of KRRI. Hereafter, I referred to the world railway market analysis, and benchmarked about Japan, France and Germany for high speed rail system of their export strategies to the world. After than, I suggested some measures for expanding strategies through analysing the problems. According to opening the KTX from Seoul to Busan, we have to think what the next step is. Like other countries of developing the high speed rail system, we have to try to export some kinds of system for further technology and industry development.

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A study on Railway Network Modernization (경쟁력강화를 위한 철도망 현대화 방향에 관한 연구)

  • Kim, Hyun-Woong
    • Proceedings of the KSR Conference
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    • 2004.10a
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    • pp.1618-1623
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    • 2004
  • A holistic approach is needed in railway network modernization. What matters is that each route is developed optimally throughout its life to meet business needs - whether the answer at a given point in time is a rail repair or an redevelopment scheme. Modernization of railway network will bring railway systems up-to-date, enabling them to deliver optimal performance. As the result, the railway network modernization for revitalise the railway is based on seeking out optimum conditions for financially efficient infrastructure management, developing infrastructure fully in line with market needs and last but not least, improving railway business.

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The Study on Major Railway Manufacturing' Strategy and World Market (해외 주요 철도제조업체 현황 및 전략에 관한 연구)

  • Lee, Soon-Cheul
    • Proceedings of the KSR Conference
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    • 2004.10a
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    • pp.1581-1587
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    • 2004
  • This study investigates the major railway firms in the world in the perspectives of organization, financing structure, business fields, and strategies. The analysis gives us some implication of how railway system, in particular, high speed trains developed in Korea go aborad.

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A Study on the increasing competitiveness of railway freight transportation in mid- or short- distance market (중단거리 화물운송시장에서의 철도물류 경쟁력 강화방안)

  • Bhang, Youn-Keun;Yoo, Jae-Kyun;Lee, Soon-Cheul
    • Proceedings of the KSR Conference
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    • 2003.10b
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    • pp.319-325
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    • 2003
  • This study focuses on the efforts of rail freight industry in Europe to adapt to the change of freight market. Nearly $80\%$ of freight is transported in short and medium distance market and due to e-commerce the freight becomes small and requires more frequencies than before. Rail freight industry tries to change their operation practices and to create measures to catch the market share. Trials in the two market segments, sea port to/from inland rail terminal and airport to/from inland rail terminal, are reviewed in this study.

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Economic Evaluation of ESS Applying to Demand Response Management in Urban Railway System (도시철도부하 수요자원 관리에 ESS 활용 시 경제성 분석)

  • Park, Jong-young;Heo, Jae-Haeng;Kim, Hyeongig;Kim, Hyungchul;Shin, Seungkwon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.66 no.1
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    • pp.222-228
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    • 2017
  • The aims of the demand response market are stabilization of the power supply and improving of the reliability of the power system. The various applications of the energy storage system (ESS) in the railway systems are studied and implemented to raise the energy efficiency. It is one of the most important how to determine the obligation reduction capacity (ORC) in participation to the demand response market because it has an influence on the profit extremely. In this paper, when participating to the demand response market with demands in the urban railway, we calculated the available ORC and economically evaluated ESS based on the real load data.

Determination of market share between railroad and road on the cost minimization base (비용최소화관점에서의 철도ㆍ도로 분담율에 관한 연구)

  • 이헌석;방연근;김경태
    • Proceedings of the KSR Conference
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    • 2000.11a
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    • pp.68-76
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    • 2000
  • Reliable external cost must be estimated to achieve the optimal market share between transportation modes. In this paper, we determined the market share between railroad and road on the cost minimization base. The results show that optimal market share is achieved by increasing investment on railroad.

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International Development Direction of Variable Gauge Vehicles (궤간 가변 차량의 세계적인 개발동향)

  • Ham Young-Sam;Yoon Ji-Na
    • Proceedings of the KSR Conference
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    • 2003.10c
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    • pp.418-423
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    • 2003
  • Many countries in Asia have been researching for linking and activation of Asia transverse railway and we are trying to link Trans-Korean railway and Transcontinental railway. However we are confronted with a difficult question that the railway system of each country is different from each other-gauge, track formation and signal system. These problems will obstruct prior occupation of market because of loss of time and cost for trans vehicles and transshipment. In this paper, we tried to setting up development direction of Korean variable gauge vehicles by examine international development direction of variable gauge vehicles.

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A Study on Oversea Railway Development Business of KORAIL (한국철도공사의 해외철도사업 진출방안)

  • Chae Il-Kwon;Park Tae-Hun
    • Proceedings of the KSR Conference
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    • 2005.11a
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    • pp.552-557
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    • 2005
  • With the opening of the KTX and establishing the KORAIL(Korea Railroad Corporation) in January 2005, KORAIL would like to go aboard to oversea railway market. The purpose of this study suggests how to facilitate and manage international marketing method such as 3C's analysis on KORAIL oversea railway development business. This study findings suggest both KORAIL change integrated international organization and KORAIL should have strategic alliance with other special railway-fields korean companies to deal with oversea E&M turn-key projects.

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