Skip to main content

Classification & Data Collection

May 19, 2014
Electronic toll collection system market projected to grow $9.5 billion by 2020
According to a new market research report by MarketsandMarkets, Electronic Toll Collection System Market by Products, Technology Applications and Geography - Analysis & Forecast 2013-2020, the market for electronic toll collection (ETC) is expected to grow at a CAGR of 11.1 per cent from 2013 to 2020, and reach US$9.5 billion in 2020. The overall global electronic toll collection system market is segmented into four major areas: products, technologies, applications and geography. All the major segments a
April 29, 2014
Growing focus on efficient traffic management driving global ITS market
According to the latest report by Global Industry Analysts, Intelligent Transportation Systems: A Global Strategic Business Report, the global market for intelligent transportation systems (ITS) is projected to reach US$26.3 billion by 2020, driven by continued rise in vehicular traffic and the need to regulate traffic flow, rising impetus for enhancing road safety, and escalating socio-environmental implications of traffic congestion.
April 25, 2014
VDOT awards Iteris US$1.2 million performance measurement contract
In a five-year contract worth US$1.2 million, Iteris is to implement its flagship traffic analytics product, iPeMS for the Virginia Department of Transportation (VDOT). Under this contract, Iteris is responsible for the deployment and on-going operation and maintenance of the iPeMS cloud-based analytics software.
April 17, 2014
Smart/intelligent sensors market 2013-2019
According to a new market report published by Transparency Market Research Smart/Intelligent Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,”, the global smart/intelligent sensors market is expected to reach a value of US$21.60 billion by 2019, growing at a CAGR of 12.2 per cent from 2013 to 2019. Growing demand for automobiles and growth in the intelligent transport system (ITS) has led to the increase in demand of smart/intelligent sensors. The other f
April 17, 2014
Imtech to divest ICT division
Technical services provider Royal Imtech takes a further step in its previously announced debt reduction program with the announcement of its intention to divest its ICT division. As announced on 18 March 2014, Imtech continues to be focused on achieving a long term sustainable capital structure and is committed to reduce indebtedness by at least US$554 million. To realise this debt reduction, Imtech will continue to review all options. The ICT division will be divested through an auction process in
April 16, 2014
Strong first quarter 2014 for IRD
International Road Dynamics (IRD), Canada-based intelligent transportation systems (ITS) supplier, has announced solid growth for the three months ended February 28, 2014. Revenue increased by 32.2 per cent to $10.3 million compared to $7.8 million for the same quarter last year. Solid growth was achieved in the Company's Canada and United States and Latin America markets, while EBITDA increased to $490,090 compared to a loss of $190,359 in the first quarter of 2013. Quarter one of 2014 is the fourth con
April 16, 2014
Iteris delivers travel information for daily TV show
Iteris has partnered with International Media Training Center’s (IMTC) television morning show CCN Sunrise to provide traveller information for the show’s traffic segment. The news show airs daily from 7am – 8am in Pasadena on channel 32, AT&T Uverse and online. Iteris’ BlueCommute traveller information system, active since 2012 through a project supporting Los Angeles County Department of Public Works, provides real-time traffic information, incidents, weather, road construction and event informatio
April 9, 2014
Kuala Lumpur replaces obsolete traffic management system
With its integrated transport information system (ITIS) in ruins and waiting to be sold for salvage, Kuala Lumpur’s government has awarded a contract to improve its traffic management. GTC Global won the US$62 million contract last year to bring ITIS back on track. The company was recently acquired by Telekom Malaysia. In 2002, a traffic surveillance system costing more than US$93 million was launched to gather, process and supply real-time traffic information to reduce congestion in Kuala Lumpur. It we
April 9, 2014
Siemens introduces latest traffic management solutions
Siemens is launching a new range of traffic solutions, including the ST950 traffic controller, its Stratos traffic management solution and a complete range of above-ground detectors. The new ST950 traffic controller family represents the very latest in a long line of proven and highly successful traffic controllers designed and built in the UK by Siemens and includes a host of new features and new levels of accessibility and safety to the market. Integral UTMC OTU, 4-stream MOVA 7, easy to follow web sty
April 7, 2014
Axle scales with wireless weighing technology
Intercomp’s AX900 axle scale systems are now available with fully integrated RFX wireless weighing technology, providing cable-free operation that improves safety and efficiency.