According to a research, global reductions in Carbon Dioxide (CO2) emissions through smart traffic management systems will reach 205 Million Metric Tones (MMT) by 2027, a 41% increase from 145.7 MMT in 2022.
The key influencing element will be reduced congestion through improved traffic regulation. To minimise congestion and pollution, smart traffic management use digital technology to regulate traffic based on real-time data.
According to a new Juniper Research report, the environmental benefits of smart traffic management systems are extremely compelling, including considerable reductions in congestion and prioritisation of greener transportation choices.
According to the analysis, smart junctions would reduce travel time by 36 hours per year on average for each driver globally by 2027.
Furthermore, investment in smart junctions is expected to reach $10.2 billion by 2027, up from $5.7 billion in 2022. It expects smart junction providers to concentrate on boosting communication between road vehicles and the local road network ecosystem, echoing the government's smart city plans. Vendors must take use of 5G's low-latency capabilities, along with machine learning algorithms, to allow real-time network modifications and improved traffic flow.
According to the study, cyber security must be considered throughout the installation of smart traffic systems in order to maximise public support while addressing concerns about data collecting and storage.
Because user data is communicated at every stage of the process, smart traffic management systems must be prioritised for cyber security deployment.
Given the potential for cyber assaults to disrupt infrastructure via denial of service, the research emphasised the importance of effective cyber security procedures to minimise risks to road infrastructure integrity.
On the one hand, the Pune Mahanagar Parivahan Mahamandal Limited (PMPML) generates the largest daily income, but on the other, the company has trouble getting its electric buses (e-buses) charged at various electric depots (e-depots).More