By Lakshmi Manoj – Director – Growth & Strategy at Selfdrive
Disruptive technology has become a driving factor in almost all sectors and the automotive industry is no exception. Powered by accelerating digitisation, this industry is breaking barriers created by the COVID-19 pandemic and is set to enter the future age in style with sleek, speedy and safe models. Whether it is Artificial Intelligence (AI), big data analytics or Internet of Things (IoT), technology has ignited astounding changes that leave no choice for the automotive industry except to catch up. Consumers clearly have a choice: To own or to subscribe, rent or lease – Mobility on Demand (MOD), which brings local public transportation and private transit options into one place.
Self-driving technology, subscriptions, on-demand mobility, electric vehicles (EVs), car sharing / AI based product offering, electric vehicles (EVs) are among the key trends that the industry is presently witnessing.
Self-driving vehicles can sense the surrounding environment and navigate without human intervention since they rely on mapping algorithms and data obtained from multiple sensors. The model sensors include radar-like technical systems and a stereoscopic vision system, GPS, Optical Object Recognition and Real-time Positioning Systems.
The benefit of smart mobility, both for makers and users, has encouraged authorities to move in the right direction. Self-driving pods are changing the name of the game. The autonomous pod sector has been vying to create products and services aimed at eventually facilitating mass public transport through driverless technology. As of now, such pods can take visitors on selected routes. Rigorous tests ensure that even without a driver, the vehicles are safe while on the move and stop instantly when necessary. READ MORE
Smart way Transportation Market by Solution (Traffic Management, Smart Ticketing, Parking Management, Integrated Supervision, Passenger Information, Insurance Telematics Solution), by Service (Consulting Service, Deployment and Integration, Support and Maintenance) - Forecast to 2022Smart way Transportation Market – OverviewThe smart transportation is an advanced transportation system provides innovative services associated with different modes of transport and traffic management for avoiding various problems including traffic accidents, congestion, and vehicle carbon emission.
The smart transportation system involves vehicles, drivers, passengers, road operators, interacting with each other.
The adoption of fleet management in smart transportation provides vehicles with a smarter solution that offers real-time visibility of driver performance, vehicle location, fuel consumption, travelling mileage speed, idle times, and increases efficiency & productivity of the vehicles.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2467The adoption of advanced technologies including cloud computing, big data, evolution of wireless network, machine to machine(M2M), Internet of things (IoT), and government initiatives to support smart technologies in existing transportation are some of the factors that are impacting the growth of Smart Way Transportation Market.
However, high capital investment and with lack reliable database for road network are some of the factors that hinder the growth of smart transportation market.Global Smart Transportation Market - SegmentationSegmentation by solution: traffic management solution, smart ticketing solution, parking management solution, integrated supervision solution, passenger information solution, insurance telematics solution, and others.Segmentation by services: consulting services, deployment and integration, and support & maintenance.Segmentation by region: North America, Europe, Asia-Pacific and rest of the world.Key PlayersThe prominent players in the Smart way Transportation Market are - Cisco Systems, Inc. (U.S.), General Electric Company (U.S.), Alstom SA (France), Cubic Corporation (U.S.), Kapsch (Austria), IBM Corporation (U.S.), Thales Group (France), Siemens AG (Germany), AECOM (U.S.), Accenture Plc (Ireland), LG CNS Co. Ltd. (Korea), TomTom International B.V. (Netherlands) among others.Global Smart Transportation Market - Regional AnalysisTransportation sector has been widely impacted by rapid advancement in artificial intelligence, and self-driving technologies.
Smart transportation market is highly developed in Europe and the major factor contributing to the growth of this market is Europe being the hub of automotive manufacturing.
Additionally, the smart transportation technology is backed up by European Union road safety initiatives.
The internet offers thousands of the best online shops where you are able to invest in what ever you desire.
You will find retailers promoting electronic goods, garments, medication, tours and even retailers selling contact lenses and musical instruments.
So here are some ideas to seek out the very best online stores for obtaining issues.
When browsing you find that most websites have a URL starting with 'http'.
When the site is just not secure, this data can fall inside the incorrect hands, and will be used wrongly.
Go through review sites Next, you have to verify out review sites of online retailers.
Thread Salon offers the best way to remove facial hair for women by an expert.
Book your appointment at [email protected].
Having trouble with the myrouter local setup?
want to learn the best way for Myrouter Local Setup.
Then you can visit the HTTP myrouter local 192.168 1.1. link and you are required to enter the username and password for login successfully.
