The United States overwhelmingly leads in global R&D expenditure in transportation and storage, constituting the vast majority of the investment. Japan and Germany follow, though both operate at significantly lower levels. Italy and Norway experienced noticeable increases in their R&D shares in 2023, while Spain and South Korea saw declines. Remarkable growth occurred in Poland and the Czech Republic, while other nations like the UK and Taiwan maintained steady investment levels. Countries like Chile and Slovenia experienced contraction, showcasing mixed trends globally.
Future trends to watch include potential growth in emerging markets and further technological advancements. Alignment with sustainable practices may continue to drive R&D investments, particularly in electric and autonomous transportation systems, as global demand for greener solutions intensifies.
Top countries in Business Enterprise R&D Expenditure in Transportation and Storage Share by Country (Million US Dollars PPP = 2015)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 86.01 | 2023 | +49.35% | +70.9% | View data |
| 2 | 2 Japan | 4.19 | 2023 | +6.97% | +3.26% | View data |
| 3 | 3 Germany | 1.11 | 2023 | +3.55% | +0.64% | View data |
| 4 | 4 Italy | 0.71 | 2023 | +10.53% | +4.6% | View data |
| 5 | 5 Spain | 0.69 | 2023 | +2.2% | -0.62% | View data |
| 6 | 6 South Korea | 0.64 | 2023 | +1.24% | -1.79% | View data |
| 7 | 7 United Kingdom | 0.63 | 2021 | -40.36% | View data | |
| 8 | 8 Poland | 0.34 | 2023 | +33% | +53.29% | View data |
| 9 | 9 Norway | 0.32 | 2023 | +9.96% | +4.59% | View data |
| 10 | 10 Portugal | 0.28 | 2023 | +21.95% | +11.43% | View data |
