India has the second
largest population in the world and still witnessing exponential growth.
Perhaps, it is one of the many reasons behind rapid infrastructural development
activities across the country. Be it the expanding residential sector to
habitat people or the construction of schools, universities, & corporate
facilities, India is witnessing advancements in every face associated with the
well-being of people, thereby providing them the best public services.
An ITS (Intelligent
Transport System) is an application that intends to bring efficiency to
people's lives by providing them with better services associated with transport
& traffic management. It enables users to procure prior information about
traffic, local convenience, real-time running, and seat availability, among
other aspects, to minimize travel time while catering to safety & comfort.
Hence, owing to the
increasing penetration of these systems, a recent research study by MarkNtel Advisors
has projected around 14% for the India
intelligent Transportation System Market during 2022-27. Now, let's
read the blog further to learn a few things about ITS & its potential in
the country.
Defining &
Understanding Intelligent Transportation Systems
An Intelligent
Transportation System is a prominent part of the Internet of Things, exhibiting
technologies like Vehicle to Vehicle & Vehicle to Infrastructure,
incorporating wireless & wire-line communication mechanisms to function. It
is an application based upon sensing, analyzing, controlling, and communicating
ground transportation
to bring safety, mobility, and efficiency. Such technologies include an
extensive range of applications that process & share data to provide the
following advantages:
- Ease congestion
- Improve traffic management
- Minimize environmental impact
The entire transportation
industry is procuring ITS for various applications like:
- Electronic toll collection
- Ramp meters
- Traffic light cameras
- Traffic-signal coordination
- Transit signal priority
- Traveler-information systems
Due to such capabilities,
the adoption of ITS shall escalate swiftly in the future for operations like:
- Fleet monitoring
- Toll & ticket management
- Transportation pricing
- Telematics & traffic
monitoring
Hence, with the growing
utilization of these systems in the transportation industry of India, travelers
can attain real-time information & analytics at ease.
As the economic conditions of people in India are improving, the
expenditure is seen extensively on private ownership of automobiles, resulting
in a rising vehicle fleet, which is why traffic congestion is not something
unusual across the country. Yet, the growing utilization of ITS applications
presents numerous benefits like minimal stops & delays at intersections,
better speed control, travel time management, and capacity & incident
management, among others. These trends project new directions for the
intelligent transportation system market in the years ahead, wherein the
leading players in the industry will be laying out new developments &
innovations in the technology in order to cater to the burgeoning consumer requirements
across India.
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