Skip to main content

Adding intelligence to transportation

Restarting city transportation systems following a natural disaster can take time. The impact of a storm cannot be predicted, but transportation systems and fleets of vehicles with embedded intelligence can provide the knowledge needed to get up and running faster. Machine to machine (M2M) technology can help collect and process information to better monitor and manage transportation systems on an ongoing basis. In the event of a disaster, technology could provide cities with critical data about bridges, r
November 6, 2012 Read time: 2 mins
Restarting city transportation systems following a natural disaster can take time. The impact of a storm cannot be predicted, but transportation systems and fleets of vehicles with embedded intelligence can provide the knowledge needed to get up and running faster.

Machine to machine (M2M) technology can help collect and process information to better monitor and manage transportation systems on an ongoing basis. In the event of a disaster, technology could provide cities with critical data about bridges, roads, rail, and other public transit systems, alerting leaders where action needs to be taken.

According to a recent report, technology can go even further, providing passengers with information about delays. A recent report suggests the penetration of on-board computer units with GPS and wireless communication in buses and trams will increase. With a smartphone, travelers can receive instant information about the expected arrival time of the public-transit system.

The report, from 6817 Global Information, says the use of technology in buses and trams will increase from 40 per cent in 2011 to 56.1 per cent in 2016. Also, as a whole, ITS is expected to grow at an annual rate of 15%, reaching US$1.9 billion by 2016 in Europe alone.

ITS is also likely to see a some growth in the United States as well.  MAP-21 (Moving Ahead for Progress in the 21st Century) provides funds for states to develop and implement an asset-management plan and grants to accelerate the use of ITS.

Aside from developments in the public sector, the private commercial vehicle telematics market is also set to grow at a compound annual growth rate of 9.09 per cent from 2011 to 2015, according to Global Information.

Related Content

  • December 22, 2015
    Road safety market worth US$3.63 billion by 2020
    According to a new market research report, Road Safety Market by Solution (Red Light Enforcement, Speed Enforcement, Incident Detection Systems, Bus Lane Compliance, Automatic License Plate Recognition), by Service, by Region - Global Forecast to 2020, published by MarketsandMarkets, the size of the road safety market is estimated to grow from US$2.35 billion in 2015 to US$3.63 billion by 2020, at a compound annual growth rate (CAGR) of 9.1 per cent. With an increase in the number of road fatality rate, the
  • December 12, 2012
    Smart transportation market worth US$102.31 billion by 2018
    According to a new market research report, published by US-headquartered global market research and consulting company MarketsandMarkets, the smart transportation market expected to reach more than $102.31 billion by 2018, at a compound annual growth rate (CAGR) of 23.6 per cent. The report, Smart Transportation Market - by Solutions (Ticketing Management, Parking Management, Passenger Information, Traffic Management), Services (Traditional, Advanced, Software) Worldwide Analysis and Forecasts (2012 - 2018)
  • July 24, 2015
    Smart transportation market worth US$138.76 billion by 2020
    According to a new market research report, Smart Transportation Market by Solutions (Ticketing Management, Parking Management, Traffic Management, Smart Signalling, Multimodal Information Systems, Passenger Information Systems, Cloud Services, Business Services) - Global Forecast to 2020, published by MarketsandMarkets, the smart transportation market is set to grow from US$46.72 billion in 2015 to US$138.76 billion by 2020, growing at a CAGR of 24.3 per cent from 2015 to 2020.
  • October 5, 2015
    New report sheds light on the road safety market
    MarketsandMarkets’ latest report, Road Safety Market by Types (Highways and Bridges Safety, Urban Roads Safety and Tunnels Safety) & Systems (Red Light Enforcement, Speed Limit Enforcement, Bus Lane Enforcement, Communication, Incident Detection) - Worldwide Market Forecast (2014-2019) claims that major driving factors responsible for the growth of the market are the constant need for road safety and public security, new infrastructural development, and traffic congestion and longer commuting. The significa