Peak Car: Is it a Myth or Fact?
Peak Car / Peak Car Uses/ Peak Travel is essentially a hypothesis which states that when a motorized vehicle predominantly private cars has a distanced traveled per individual person will reach its peak and then would fall down in a somewhat sustained manner. It is an offshoot of the already existing model of Market Saturation. Market Saturation essentially states the same as above with the only difference that the curve would be constant instead of falling down. The Peak Car theory was first observed in the mid 1990s.
There are various causes for the decrease in the automobile use. Some of them are massive evolution in public transport like the tube travel in UK, the reversal of urbanization where more and more people are moving in the suburbs, hike in the fuel and car ownership costs, traffic regulating policies leading to reallocation of roads more for the pedestrians and cyclists, legal restrictions along with demographic changes, etc. Other factors include economic factors like unemployment and saturation in demand and cyber connectivity that actually decreases the urge to travel and meet someone.
Some of the countries have actually reported to show some decline in car use. A Times Magazine reports suggests that the Americans are “driving less and less each year.” This has resulted in lowering the nationwide road congestion by 27% by 2011. The city of London has also shown same traits with decrease in the cars numbers primarily because of "rail renaissance". The German city, Hamburg is on its plan to decrease the use of cars.