Monday, 20 November 2017

Smart Transportation: Enabling Safer and Better Transport Systems

Smart transportation refers to a highly developed application that aims to provide “smart” services relating to modes of transport. Smart transportation encourages safer, coordinated, and smarter use of transportation. It combines communications technology and different types of data sets to create a system network that could help protect roads, manage traffic, and improve traveler safety among others.

Some of the major benefits offered by smart transportation are:
  • Improved safety
  • Better traffic control
  • Reduced infrastructure damage
Constant Advent of New Solutions to Boost Smart Transportation Growth:

The key solutions of smart transportation are smart ticketing solution, traffic management solution, parking management solution, integrated supervision solution, and passenger information solution. The integrated supervision solution systems hold major growth potential. These systems are used for minimizing the road accidents and traffic blocks while providing enhanced safety solutions.

Parking management is a smart system that can optimize parking programs and provide drivers with convenient solutions. These systems include exit ticket reader, ticket dispensers, and decentralized payment collection unit, security, and access control. Traffic management systems can effectively manage traffic by minimizing jams on the roads. These systems include traditional video surveillance and signaling system, smart video management systems , smart signaling systems, and route guidance systems.

Growing global issues related to traffic congestion as a result of high number of vehicles, lack of parking space, inefficient infrastructure, and poor traffic management are expected to boost the demand for smart transportation over the coming years.

Market Overview:

According to a research study available on Radiant Insights, Inc.; the worldwide smart transportation market is predicted to have a steady growth over the forecast period (from 2016 to 2022). Government initiatives across the world for reduced green house emissions are anticipated to fuel market growth. Major focus on incorporating smart technologies with the available transportation systems is also likely to support growth in the forthcoming years. Some of the key companies in this market are Cisco Systems, Inc.; General Electric Company; Alstom SA; TomTom International B.V.; and Kapsch TrafficCom AG.

With digital transformation of the transportation industry more and more people are preferring transportation as a service. Thus, to solve the transport needs of the future and improve passenger experience, Keolis has introduced innovative transportation solutions that enable more connected, autonomous, and shared mobility. Keolis recently showcased their latest innovations at the Intelligent Transport Systems (ITS) World Congress. Their innovations include Plan-Book-Ticket Solution, IoT and Connected Buses, Navitia, and Navya.

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