Page 15 - TT Magazine Feb-Mar 2019

NEWS

Intelligent Traffic Management Systems Market to New tech to
grow combat vehicle
number plate
ccording to a new infrastructure and growing reflect favourably on the
report by Fact. need for innovative global intelligent traffic thefts
AMR, the global technologies to manage and management systems
market of intelligent traffic monitor high-speed mobility market. esearchers are set
management systems is in an efficient manner are Rapid movement of to launch trials of
estimated to grow at a the leading factors impacting Rtechnologies that could
robust CAGR of 11.8% the growth intelligent traffic advanced technologies such improve vehicle identification
during 2017-2028, and management system market. as artificial intelligence, and combat number plate thefts
likely to surpass to a value Growing need to change robotics and others in North and misuse. One technology
of US$ 31 billion by 2026- or reshape transportation America has influenced it being trialled is Radio Frequency
Identification (RFID) sticker on a
end. Rapid inclination networks to avoid traffic to remain at the forefront vehicle’s front windscreen which
towards improving roadway jams is anticipated to of intelligent traffic
management systems will act as a third number plate,
market, contributing an according to researchers from
estimated revenue of more La Trobe university in Australia.
than US$ 3.9 billion in The sticker would self-destruct
2018. The US accounts for when removed, enabling police
relatively high share in the to identify vehicles that are
North America intelligent suspected to have a stolen or
traffic management systems cloned number plate.
market, and is projected The second technology
to expand at a promising is Dedicated Short Range
CAGR of 10.1% during the Communications (DSRC), a
forecast period. digital technology that can
communicate with road
infrastructure and could also
2019 Autonomous Vehicles Readiness Index be used to identify automated
vehicles in the future. Additional
his year, KPMG making progress toward a neighboring countries security features for number
conducted consumer future with autonomous to launch huge platoons plates, like holographic
Topinion research to vehicles. It shows that of driverless trucks to patterns on driver’s licences and
better understand public governments are prioritizing transport flowers on major passports will also be tested.
sentiment about AVs. the modernization of “Tulip Corridor” routes from The trials will determine
The findings revealed transport and taking steps Amsterdam to Antwerp how the technologies operate
a striking correlation that consider the real-life and Rotterdam to the Ruhr in practice and how they will
between countries lower impact of driverless cars and valley. integrate with existing systems
in AV preparedness having trucks. including Automatic Number
the most positive opinion In the 2019 AVRI Singapore was ranked Plate Recognition currently used
regarding AVs. The results (Autonomous Vehicle second, with a leading by police.
of the 2019 Autonomous Readiness Index), the university, it has created
Vehicles Readiness Index Netherlands ranked first a test town for driverless
tell us that all countries are which is working with vehicles complete with
traffic lights, bus stops,
skyscrapers and a rain
machine that recreates its
stormy tropical weather.
Countries were assessed
on 25 different measures
within four pillars: policy &
legislation; technology &
innovation; infrastructure;
and consumer acceptance.

www.trafficinfratech-com-500653.hostingersite.com February - March ’19 / TrafficInfraTech 15