- In November 2023 Hitachi ZeroCarbon Ltd. has partnered with FirstGroup plc to lead the UK’s shift towards electric buses. As part of FirstGroup’s decarbonization programme for their bus fleet and infrastructure, this collaboration will supply batteries to support the expansion of First Bus's electric fleet, enhancing air quality, alleviating congestion, and improving the customer experience
- In August 2023 NEC India has collaborated with Mowasalat to advance smart transportation in Qatar. This partnership will deliver seamless travel solutions for attendees of the tournament, including the rollout of an Intelligent Transport Management System (ITMS) for the Tournament Bus Service (TBS), ensuring a superior public transport experience for millions of football fans around the world
- In February 2023 AURA AERO and Thales have signed an agreement to create a new generation of connected avionics solutions, specifically designed for electric and hybrid regional aviation
- In January 2023 BASS released the BASSnet 2.11 Service Pack, featuring a new Carbon Intensity Indicator (CII) calculator, e-signatures for work and rest hours, and improved automation for IHM material declarations, boosting overall efficiency
- In November 2022 Trimble Viewpoint Vista, an ERP solution within the Trimble Construction One suite, was integrated with Hilti Group’s Hilti ON!Track asset management system. This integration enables unified tool tracking and more accurate job allocation, providing contractors with a single source of truth for managing tools and equipment
Frequently Asked Questions
The market is segmented based on Segmentation, By Transportation Mode (Roadways, Railways, Airways, and Waterways), Application (Mobility as a Service, Route Information and Route Guidance, Public Transport, Connected Cars, Video Management, and Others) – Industry Trends and Forecast to 2031
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The Global Smart Transportation Market size was valued at USD 129.59 USD Billion in 2023.
The Global Smart Transportation Market is projected to grow at a CAGR of 11.1% during the forecast period of 2024 to 2031.
The major players operating in the market include , Kapsch Traffic Com , Gemalto NV , Thales Group , Alstom , MSR,Traffic GmbH , Cubic Corporation , WS ATKINS PLC , Cisco System , Accenture , IBM , LG CNS , Indigo Group , Toshiba Corporation , Schneider Electric , Siemens ,.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
