Advanced Traffic Management System

Electronic Toll Collection Market worth $14.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 12, 2024
Form factor, Telephone numbers in Hungary, Component, Urbanization, Radar engineering details, Ultra, Commercial, Piezoelectric sensor, Roper Technologies, Magnetometer, Statistics, Advanced Traffic Management System, Row, Carriageway, ANPR, Accident, Safety, Air pollution, GNSS, Acoustics, Database, DSRC, RFID, Government, Environment, Transport, Induction, Cubic Corporation, Tag, Host, Collection, Hardware, Airline

The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.

Key Points: 
  • The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.
  • Back Office & Other Services segment accounted for the larger share of ~75% of the electronic toll collection market in 2029.
  • Asia Pacific is expected to hold the largest share of the electronic toll collection market during the forecast period.
  • The key players in electronic toll collection companies include Kapsch TrafficCom AG (Austria); Conduent, Inc. (US); TransCore (US); Thales (France); Cubic Corporation (US).

Electronic Toll Collection Market worth $14.7 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 12, 2024
Form factor, Telephone numbers in Hungary, Component, Urbanization, Radar engineering details, Ultra, Commercial, Piezoelectric sensor, Roper Technologies, Magnetometer, Statistics, Advanced Traffic Management System, Row, Carriageway, ANPR, Accident, Safety, Air pollution, GNSS, Acoustics, Database, DSRC, RFID, Government, Environment, Transport, Induction, Cubic Corporation, Tag, Host, Collection, Hardware, Airline

The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.

Key Points: 
  • The highway segment accounted for the larger share of ~91% of the electronic toll collection market in 2029.
  • Back Office & Other Services segment accounted for the larger share of ~75% of the electronic toll collection market in 2029.
  • Asia Pacific is expected to hold the largest share of the electronic toll collection market during the forecast period.
  • The key players in electronic toll collection companies include Kapsch TrafficCom AG (Austria); Conduent, Inc. (US); TransCore (US); Thales (France); Cubic Corporation (US).

Global Intelligent Transportation Systems (ITS) Strategic Business Report 2024: Market to Reach $52.6 Billion by 2030 - Increasing Number of Mega Cities Favors Future Growth

Retrieved on: 
Monday, February 19, 2024
ITS, Business case, Growth, ATMS, Policy, Advanced Traffic Management System, Investment, Intelligent transportation system, Mobile phone

DUBLIN, Feb. 19, 2024 /PRNewswire/ -- The "Intelligent Transportation Systems (ITS) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 19, 2024 /PRNewswire/ -- The "Intelligent Transportation Systems (ITS) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Intelligent Transportation Systems (ITS) estimated at US$27.4 Billion in the year 2022, is projected to reach a revised size of US$52.6 Billion by 2030, growing at a CAGR of 8.5% over the analysis period 2022-2030.
  • Growth in the Advanced Traveler Information System (atis) segment is estimated at 7.1% CAGR for the next 8-year period.
  • The U.S. Market is Estimated at $10.7 Billion, While China is Forecast to Grow at 12.3% CAGR
    The Intelligent Transportation Systems (ITS) market in the U.S. is estimated at US$10.7 Billion in the year 2022.

Actelis Receives Order For City of Napa Intelligent Traffic Management System

Retrieved on: 
Thursday, February 1, 2024
Copper, Advanced Traffic Management System, Internet of things, Pedestrian, City, Safety, Collection, ATMS, Municipal council, ASNS, LRSP, Road

Actelis’ local partner, Econolite , ordered and installed the solution, completing an Advanced Traffic Management System (ATMS) upgrade project at some of the busiest intersections in the city.

Key Points: 
  • Actelis’ local partner, Econolite , ordered and installed the solution, completing an Advanced Traffic Management System (ATMS) upgrade project at some of the busiest intersections in the city.
  • Like many popular destinations where there is a strong combination of drivers, bikers, and pedestrians, Napa is very concerned with traffic safety.
  • In order to reduce the number of collisions, traffic signal patterns can be modified, and Actelis’ system enables the city to make remote signal timing changes as needed.
  • The City of Napa and Econolite chose Actelis for this important project for two main reasons – networking flexibility and security.

Ohio Department of Transportation Taps Honda to Lead Two-year Project to Advance Road Condition Management System

Retrieved on: 
Thursday, November 9, 2023
Knowledge, ITS, Geier v. American Honda Motor Co., ATMS, DriveOhio, DOT, Data analysis, GPS, NYSE, UC, ADAS, Big data, Parsons Corporation, Dots, PSN, Data collection, Organization, Maintenance, Research, Coalition for Disaster Resilient Infrastructure, IPI, Advanced driver-assistance system, University of Cincinnati, AEB, Environment, Sensing, Risk, Intelligent transportation system, UC Irvine Institute of Transportation Studies, Advanced Traffic Management System, Vserv Digital Services, University, Information services, Algorithm, American Honda Motor Company, Motorcycle, Ohio Department of Transportation, Ontario Basic Income Pilot Project, ODOT, Sustainability, Lane centering, Automotive industry, Road, Construction, Transport

The partners will develop a road condition management system that will use vehicle-generated data to identify and report hazardous road conditions in Ohio.

Key Points: 
  • The partners will develop a road condition management system that will use vehicle-generated data to identify and report hazardous road conditions in Ohio.
  • Honda will lead the project, leveraging the research it conducted in 2022 and the Honda Drive Data Service* from Honda Motor Co., Ltd., with the funding to cover project work by the three partners.
  • Honda pilots prototype road condition management system with three tech partners and Ohio Department of Transportation.
  • The initiative will build on a pilot program conducted by the Honda Research Institute in 2022, which evaluated a road condition management system using GPS coordinates and cameras to collect real-time road condition information.

Kimley-Horn Launches Advanced Traffic Signal Priority and Preemption Software

Retrieved on: 
Monday, October 23, 2023
ITS, Traction, ATMS, NTCIP, Kimley-Horn, EVP, GPS, Crash, NCTCOG, Intelligent transportation system, Protocol, Priority, National Transportation Communications for Intelligent Transportation System Protocol, Safety, Advanced Traffic Management System, Artificial intelligence, Public transport, School, FSP, City, Travel, Ecosystem, North Central Texas Council of Governments, TSP, Transport, Rail transport, Road

RALEIGH, N.C., Oct. 23, 2023 /PRNewswire-PRWeb/ -- Transportation systems management and operations engineers can now deploy joint Artificial Intelligence (AI)-powered Traffic Signal Priority (TSP), Freight Signal Priority (FSP), and Emergency Vehicle Preemption (EVP) applications in one software system.

Key Points: 
  • "The software revolution has finally come to traffic signal priority and preemption," said Jason Castillo, traffic management software Practice Builder at Kimley-Horn.
  • Traction Priority ™ from Kimley-Horn is a cloud-based traffic signal software that responds to real-time GPS feeds from existing equipment on buses, trucks, emergency vehicles, and more.
  • "The software revolution has finally come to traffic signal priority and preemption," said Jason Castillo, traffic management software Practice Builder at Kimley-Horn.
  • Traction Priority can operate on its own with an agency's existing Advanced Traffic Management System (ATMS) or integrated with Kimley-Horn's traffic management software, including:
    KITS ™ ATMS for arterial and freeway ITS device management.

Software-defined Vehicle Market worth $419.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, September 14, 2023
BlackBerry Limited, AGV, Algorithm, SUV, Continental, Connectivity, Consumer, Volkswagen Group, Environment, Embedded, Electronics, XC90, Harman International, Gasoline, Continental AG, LCV, FlexRay, Hardware, Processor, Navigation, Integration, Behavior, Safety, Advanced Traffic Management System, Forklift, Carriageway, Robert Bosch GmbH, System, Logic, Compass, MOST, Pallet, Connection form, Transport, Government, Nvidia, ADAS, Industrial, LIN, ICE, Volvo, HCV, RF, Satellite navigation device, Video game, Aviation, Region, Valeo, Infotainment, Software, Application, Ethernet, Geography

The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.

Key Points: 
  • The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.
  • The software in ICE-based vehicles can control the speed, steering, braking, and the environment and decide how to get around safely.
  • Hardware is expected to account for the largest share of the software-defined vehicle market in 2023.
  • Asia Pacific market is expected to witness the highest CAGR in the software-defined vehicle market during the forecast period.

Software-defined Vehicle Market worth $419.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, September 14, 2023
BlackBerry Limited, AGV, Algorithm, SUV, Continental, Connectivity, Consumer, Volkswagen Group, Environment, Embedded, Electronics, XC90, Harman International, Gasoline, Continental AG, LCV, FlexRay, Hardware, Processor, Navigation, Integration, Behavior, Safety, Advanced Traffic Management System, Forklift, Carriageway, Robert Bosch GmbH, System, Logic, Compass, MOST, Pallet, Connection form, Transport, Government, Nvidia, ADAS, Industrial, LIN, ICE, Volvo, HCV, RF, Satellite navigation device, Video game, Aviation, Region, Valeo, Infotainment, Software, Application, Ethernet, Geography

The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.

Key Points: 
  • The ICE vehicle type segment is expected to account for the largest share of the software-defined vehicle market in 2023.
  • The software in ICE-based vehicles can control the speed, steering, braking, and the environment and decide how to get around safely.
  • Hardware is expected to account for the largest share of the software-defined vehicle market in 2023.
  • Asia Pacific market is expected to witness the highest CAGR in the software-defined vehicle market during the forecast period.

Econolite Acquires Western Pacific Signal, LLC

Retrieved on: 
Wednesday, August 2, 2023
Urban Planning, Technology, Other Transport, Public Transport, Construction & Property, Trucking, Rail, Engineering, Transport, Telecommunications, Logistics, Supply Chain Management, Manufacturing, Software, Networks, Mobile, Wireless, Hardware, Data Management, ASC, WPS, Organization, Intelligent transportation system, Acquisition, 2600-series (CTA), ITS, David A. McIntee, Advanced Traffic Management System, Growth, Nikolay Umov, ATMS

Econolite, part of Umovity and the leader in One-Stop-Shop advanced traffic management solutions, announced today the acquisition of its distribution partner, Western Pacific Signal, LLC (WPS).

Key Points: 
  • Econolite, part of Umovity and the leader in One-Stop-Shop advanced traffic management solutions, announced today the acquisition of its distribution partner, Western Pacific Signal, LLC (WPS).
  • WPS, headquartered in San Leandro, California, was formed in 1997 and has maintained continued growth for over 25 years, serving the transportation management industry throughout the Western U.S. WPS is a professional services provider, distributor, and integrator of Intelligent Transportation Systems (ITS), Adaptive Signal Control (ASC), Advanced Traffic Management Systems (ATMS), and Connected Vehicle (CV) systems.
  • This acquisition will allow Econolite to expand its One-Stop-Shop of ITS solutions while gaining a depth of talent with experienced technical sales and field support technicians in Western United States.
  • “The incredible synergies between our two organizations will enable us to continue to innovate and deliver enhanced solutions and services to support the evolving needs of transportation agencies.”

People Counting System Market worth $2.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, April 19, 2023
Magnetometer, Temperature, Supermarket, Time of flight, Induction, Video content analysis, Region, Transport, Environment, Acoustics, VMS, PIS, Piezoelectric sensor, Final good, PTZ, Museum, SM Supermalls, Growth, Advanced Traffic Management System, Operational display system, Carriageway, Technological applications of superconductivity, IP, Row, IR, Radar engineering details, University, Stereopsis, Berjaya Times Square, Retail, Video game, Aviation, Service, Software, Hardware, Analog, Eurotech, Geography

These hardware components can be easily integrated with people counting software to build a complete people counting system.

Key Points: 
  • These hardware components can be easily integrated with people counting software to build a complete people counting system.
  • Asia Pacific is expected to be the leading region in the people counting system market during the forecast period.
  • All these factors are expected to spur the growth of the people counting system market in the region in the near future.
  • The study includes an in-depth competitive analysis of these key players in the people counting system market with their company profiles, recent developments, and key market strategies.