Categories
Smart Mobility

Ettifos to Participate in Singapore National V2X Project

Ettifos to Participate in Singapore National V2X Project

Press Release



updated: Sep 29, 2020 15:00 EDT


Ettifos (Dr. Yong Je Lim, CEO) announced on September 29 that it had signed a Research Collaboration Agreement (RCA) with Nanyang Technological University, Singapore (NTU Singapore), School of Electrical and Electronic Engineering. This RCA reinforced the R&D partnership with NTU’s Connected Smart Mobility (COSMO) Program, where Ettifos is participating as a founding member of the COSMO Industry Consortium. The COSMO Program is a national project led by NTU that focuses on the creation of next-generation V2X architecture and ecosystems for smart mobility applications. Specifically, Ettifos and NTU will be working to create hybrid (DSRC + C-V2X) V2X communication software, framework, and applications that will be validated on the campus-wide V2X testbed infrastructure in the NTU Smart Campus.

As the world continues the debate on whether to establish DSRC (WAVE) or C-V2X (LTE V2X/5G NR V2X) as the standard for V2X ecosystem deployment, the COSMO program has preferred to instead develop and test architecture and platforms that are able to accommodate both V2X communication methodologies and provide an unbiased assessment on how hybrid C-V2X and DSRC can be adopted by the industry.

A spokesperson for Ettifos claims that by positioning itself as a part of the COSMO Program, Ettifos hopes to establish itself as a major player in the global market as a 5G Cellular + hybrid V2X Roadside Unit (RSU) and On-board Unit (OBU) distributor. Ettifos also believes that its participation in the program will increase its capacity to manage and research V2X equipment management systems.

Ettifos is a California, U.S.-based communications technology startup founded in 2018. It has positioned itself as a major competitor of Qualcomm through its proprietary technology developed in-house for DSRC and 3GPP Release 14/15-based C-V2X solutions and Software Defined Radio (SDR)-based 5G NR V2X Sidelink modems and solutions.​

Source: Ettifos Co.

Published at Tue, 29 Sep 2020 19:00:00 +0000

Categories
Smart Mobility

Traffic Management System Market to Hit $25B by 2026; Global Market Insights, Inc.

Traffic Management System Market to Hit $25B by 2026; Global Market Insights, Inc.

Some of the major traffic management system market participants include Siemens AG, IBM Corporation, Jenoptik AG, Accenture PLC, Iteris Inc., Cubic Corporation, Global Traffic Technologies, LLC, Accenture PLC, Citilog S.A. (Axis AB), Kapsch TrafficCom AG, Cisco Systems, Inc., Lanner Inc., and Dahua Technology


Global Market Insights, Inc. has recently added a new report on the traffic management system market, which estimates the market valuation for traffic management systems will cross US $25 billion by 2026. Growing adoption of innovative traffic management systems, powered with technologies such as IoT and video analytics for effective traffic management systems, will drive market growth.

The integration of video analytics into traffic management systems provides in-depth insights into daily traffic and curbs congestions while transferring information to the traffic management console. Video analytics software can be pre-installed on the central server system or built into cameras that capture real-time images. The algorithm helps to differentiate between pedestrians and vehicles, improving pedestrian safety. Analytics also helps to detect traffic velocity, thereby detecting traffic congestion precisely. The software can be used to identify and read vehicle license plate numbers that can be used for toll, traffic control, or to identify suspicious activities.

Request a sample of this research report at https://www.gminsights.com/request-sample/detail/2363

The on-premise deployment model will grow at a remarkable rate in the traffic management system market over the forecast timespan. It offers benefits of low risk of data breaches and cyberattacks compared to cloud-based model. The capturing of confidential and sensitive data makes this model highly beneficial to fulfill regulatory requirements for data storage and transfer. However, the costs associated with maintaining and managing data will result in increasing demand for cloud-based solutions in the long run. Companies are rapidly adopting a cloud-based deployment model due to low infrastructure requirements and affordable costs.

The adaptive traffic control market is forecast to witness significant gains in the traffic management market at the end of 2026. It is a system designed to work in response to real-time traffic scenarios. This system aims to resolve traffic congestion by enabling real-time variation of signal duration. It analyzes data pertaining to traffic at a particular time and provides instant and synchronized responses to alter the predefined signal duration. A study conducted by the Federal Highway Administration (FHWA) states that adaptive traffic signals improve travel time by 10% on an average. Advanced traffic management technologies improve road safety and reduce traffic congestions and greenhouse gas emissions.

North America will provide significant growth opportunities for the traffic management market due to the advanced technology infrastructure in the region. The U.S. is among the earliest adopters of advanced technologies. From the years 2012 to 2016, Surtrac, an intelligent traffic signal control system from Rapid Flow Technology, has been deployed at 50 intersections across several areas in Pittsburgh, Pennsylvania. The system helped to reduce travel time by 26%, wait time at intersections by 41%, and emissions by 21%.

Similarly, in January 2018, the Dallas government partnered with Telefonaktiebolaget LM Ericsson to install an advanced traffic management system based on Ericsson’s connected urban transport solution in the country. The solution enabled the government to analyze real-time data from sensors and cameras to dynamically control traffic lights and message signs.

Browse key industry insights spread across 300 pages with 443 market data tables and 29 figures and charts from the report, “Traffic Management System Market Share & Forecast, 2020 – 2026” in detail, along with the table of contents:

https://www.gminsights.com/industry-analysis/traffic-management-system-market

Some major findings of the traffic management system market report are:

  • Rapid demographic growth and hyper urbanization in developing countries have led to an increase in the flow of traffic on roads. This has surged the demand for efficient traffic management systems to optimize traffic and ensure a safe road transport system.
     
  • Traffic management systems help to manage traffic congestions and avoid accidents on roads. Active traffic management (ATM) enables managing congestion based on prevailing and predicted traffic conditions. Electronic signs on roads alert commuters about road congestion, accidents, or information related to traffic conditions. ATMs monitor traffic and use the collected data to predict vehicle arrival patterns.
     
  • Smart traffic management systems enable real-time traffic monitoring that helps authorities to re-route traffic and avoid traffic jams. Smart transportation management centers powered by advanced traffic management systems enable authorities to respond promptly to emergencies.
     
  • Video surveillance cameras are installed above signals or mounted on every corner of intersection to catch traffic violators and monitor traffic congestion or accidents in real time. Smart traffic signals help to reduce congestion & idle time at intersections. Intelligent lights can manage vehicle queues and clear traffic irrespective of predefined timing system.
     
  • Automatic Incident Detection (AID) utilizes computers to constantly detect incidents and monitor traffic conditions. Road networks integrated with cameras and detectors aid in automated continuous monitoring of traffic. AID helps to detect vehicles going the wrong way, pedestrians or animals, and vehicle speed.
     
  • The robust telecom infrastructure in Europe and North America will support the implementation of smart traffic management systems. High investments in smart transportation projects in these regions will propel traffic management market growth.

Browse the report’s complete table of contents https://www.gminsights.com/toc/detail/traffic-management-system-market

Partial chapters of the report’s table of contents (TOC):

Chapter 3.    Traffic Management System Industry Insights

3.1.    Industry segmentation

3.2.    Industry landscape, 2016 – 2026

3.3.    Impact of coronavirus (COVID–19) pandemic

3.3.1. Global outlook

3.3.2. Regional outlook

3.3.2.1.    North America

3.3.2.2.    Europe

3.3.2.3.    Asia-Pacific

3.3.2.4.    Latin America

3.3.2.5.    MEA

3.3.3. Industry value chain

3.3.3.1.    Component suppliers

3.3.3.2.    Manufacturers

3.3.3.3.    Marketing & distribution channel

3.3.4. Competitive landscape

3.3.4.1.    Strategy

3.3.4.2.    Distribution network

3.3.4.3.    Business growth

3.4.    Industry ecosystem analysis

3.4.1. Vendor matrix

3.4.2. Distribution channel

3.5.    Technological & innovation landscape

3.5.1. Automatic number plate recognition (ANPR)

3.5.2. Facial recognition

3.5.3. Pedestrian detection

3.5.4. Impact of IoT

3.5.5. AI and machine learning

3.6.    Regulatory landscape

3.6.1. North America

3.6.2. Europe

3.6.3. Asia-Pacific

3.6.4. Latin America

3.6.5. MEA

3.7.    Smart city & transportation investments

3.7.1. North America

3.7.2. Europe

3.7.3. Asia-Pacific

3.7.4. Latin America

3.7.5. MEA

3.8.    Industry impact forces

3.8.1. Growth drivers

3.8.1.1.    Regulatory frameworks and policies for reduction of carbon footprint

3.8.1.2.    Growing PPP models in transportation industry in North America and Europe

3.8.1.3.    Need for efficient traffic control in Asia-Pacific and Latin America

3.8.1.4.    Rapid urbanization and government investment in smart transportation in Middle East & Africa

3.8.1.5.    Rapid adoption of IoT and network cameras for efficient traffic control in North America and Asia-Pacific

3.8.1.6.    Growing demand for smart public transport and route guidance in Europe

3.8.1.7.    Increasing focus on urban mobility development in Latin America

3.8.1.8.    High investment in smart mobility projects in MEA

3.8.2. Industry pitfalls & challenges

3.8.2.1.    High installation cost

3.8.2.2.    Data security & privacy concerns

3.8.2.3.    Lack of standardized and uniform technologies

3.9.    Growth potential analysis

3.10.    Porter’s analysis

3.11.    PESTEL analysis

Browse related report:

Smart Transportation Market Size By Mode of Transportation (Roadways, Railways, Airways), By Component (Software [Telematics, Parking Management, Ticket Management, Traffic Management, Security and Surveillance, Passenger Information System], Services [Training and Consulting Service, Integration Service, Support and Maintenance Service]), By Deployment Model (On-Premise, Cloud, Hybrid), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2018 – 2024

https://www.gminsights.com/industry-analysis/smart-transportation-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
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Source: Global Market Insights, Inc.

Published at Thu, 06 Aug 2020 08:10:00 +0000