According to the latest research by P&S Market Research, the global train control and management system (TCMS) market was valued at US$2,031.6 million in 2015, and it is expected to grow at a CAGR of 8.2 per cent during 2016-2022.
Researchers indicate that increasing population and urbanisation, growing demand for safe and comfortable rapid transit solutions in developed as well as developing regions, and stringent emission control norms are expected to drive the demand for TCMS over the forecast period.
IBM and the City of Zhenjiang, China, have announced that IBM is helping to transform the city's public transportation system. Zhenjiang will use hardware, software, services and technologies from the company’s research labs, all brought together through the IBM intelligent operations centre (IOC) for smarter cities, a solution that will serve as the central point of command for the city.
Achieving technological change also requires a shift in mindset, as Jacky Wang, vice president of Huawei’s Smart Transportation business unit, explains
With over 45 years of expertise in designing, manufacturing, installing, and maintaining weighing systems for the ITS industry, Intercomp delivers unparalleled quality and reliability in sensors and scales for weigh-in-motion (WIM) and static weighing.