Europe Smart Transportation Market Trends

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Europe Smart Transportation Market Size, Share, and Trends Analysis Report Trends

  • ICT
  • Sep 2021
  • Europe
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Advancements in AI, and Machine Learning (ML)”

  • AI and ML are being integrated into transportation systems to enhance operational efficiency. These technologies enable predictive maintenance, optimize traffic management, and improve system reliability by analyzing vast datasets to identify patterns and predict congestion.
  • The integration of smart grids with transportation systems allows for efficient energy distribution, especially for electric vehicles (EVs). Smart grids support bidirectional energy flow, enabling vehicles to not only consume but also supply energy back to the grid, enhancing overall energy efficiency.
    • For instance, in March 2023, Alstom SA launched the Low Emission Access to Public Transport (LEAP) program in Bengaluru, deploying electric autorickshaws for last-mile connectivity to metro stations..
  • Governments are promoting sustainable transportation, electric vehicles (EVs), and data-driven traffic management systems through funding, regulations, and partnerships with tech firms.