Latest Developments in Global Road Safety Market

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Latest Developments in Global Road Safety Market

  • ICT
  • Feb 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In November 2024, Abertis introduced the Zero Accidents AI Challenge, a global initiative calling on startups to create AI-powered solutions to eliminate road accidents. This challenge seeks to integrate satellite and vehicle data with artificial intelligence to enhance traffic management and safety. By fostering innovation, Abertis aims to predict, prevent, and manage accidents more effectively, reinforcing its dedication to safer roads. The winning solution will receive financial support for a pilot project, with finalists gaining opportunities to collaborate with Abertis
  • In September 2024, SMA Road Safety unveiled three groundbreaking products—Leonidas, Hercules, and Ermes—to enhance road safety. These solutions utilize advanced energy-absorbing technologies to minimize crash impact, improve roadside infrastructure, and reduce fatalities. Designed to absorb kinetic energy upon collision, they aim to protect drivers and pedestrians alike. SMA Road Safety continues to lead in passive road safety innovations, ensuring safer roads worldwide. The Leonidas crash cushions have already been installed on Dubai’s Sheikh Zayed Road to safeguard interchanges
  • In May 2024, EFKON-STRABAG partnered with IIT Bombay, IIT Mandi, and IIT Roorkee to advance road safety and transportation innovation across India. This collaboration focuses on intelligent transportation systems (ITS), landslide management solutions (LMS), and road safety awareness programs. IIT Bombay leads research on ITS, fostering knowledge exchange and skill development. IIT Mandi implements LMS for early landslide warnings, enhancing highway safety. IIT Roorkee drives road safety education, targeting young learners. These initiatives aim to reduce accidents and improve infrastructure nationwide
  • In May 2023, Nokia introduced new Core network software solutions designed for public safety and power utility sectors, addressing field and wide area network (FAN/WAN) needs. These solutions enhance mission-critical communications, offering secure, carrier-grade capabilities for enterprises and governments. Nokia aims to modernize large-scale networks, improve automation, and boost efficiency. The expansion strengthens its leadership in private wireless solutions, supporting 4G and 5G data, voice, and IoT applications. The market for these solutions is expected to grow significantly by 2027
  • In March 2022, Melbourne launched the world’s smartest traffic management system, the Intelligent Corridor, along Nicholson Street, spanning 2.5 kilometers. Developed by the University of Melbourne, Kapsch TrafficCom, and the Victorian Department of Transport, this system integrates sensors, cloud-based AI, and machine learning algorithms to optimize traffic flow. It aims to reduce congestion, enhance road safety, and lower emissions, benefiting drivers, pedestrians, and cyclists. The corridor continuously fine-tunes its performance using real-time data, setting a global benchmark for smart traffic solutions