Smart transportation is the application of modern technologies to transport infrastructures. These systems improve the safety, efficiency, and sustainability of transport systems. This technology is based on intelligent systems. They are essential for traffic management and control, as well as speed cameras and other related functions. The benefits include security, convenience and time savings.
The Smart Transportation Market is a global industry that addresses the needs of travelers and residents. Its main segments include Transportation, Service, and Region. Market growth will be driven by rising consumer demand to have better transportation services. Many countries have already implemented smart transportation systems. A major player in the market is Cisco Systems, along with SAP, IBM, and Thales.
For many years traffic congestion has been an issue. The increasing number of vehicles on the roads is the reason. Smart transportation systems have been developed to handle the increasing traffic. These systems will reduce congestion and help to prevent accidents. Using intelligent systems, the travelling population will better understand the traffic situation and take advantage of available transport options.
Smart Transportation Market, a growing industry, is attracting the attentions of the insurance, telecom, and automotive industries. The system can reduce oil consumption, greenhouse gas emissions and air pollution, in addition to its efficiency.
Smart Growth will be based on the development of more transportation options. The use of automated private and public vehicles and real-time data have opened up many opportunities for transportation optimization. Automated public and private vehicles can, for instance, reduce traffic congestion, fuel consumption, and accident rates. As with all innovations, there are hurdles that must be overcome. Some of these are legal, organizational, or cultural.
Autonomous freight transit can reduce the need for long-haul truckers and increase the efficiency of the supply chain. An important advantage of autonomous systems is their ability provide high-quality service and reduce emissions.
These smart parking management systems offer great convenience. They can pre-book parking spots, offer cashless payments, and secure vehicles. Intelligent systems can also collect data from parking companies.
Pennsylvania Turnpike Commission initiated an advanced fiber optic network system project. This is an important step towards creating a more intelligent transportation system. It will support All-Electronic Tolling. This project will allow the installation of traveler data systems.
Smart devices and sensors can provide a wealth data. These devices collect data about traffic conditions, weather conditions, and locations of pedestrians. These data are processed and used to update maps as well as other transportation data. These systems provide information to DOTs regarding road conditions.
Other advances in smart transportation have focused on individual vehicle capabilities. The hybrid and electric-powered cars, for instance, incorporate small batteries and electric motors. Additionally, the car is stronger and more efficient with the help of solar photovoltaic cell. Smart roads are also equipped with embedded sensors and microprocessors.