ABI: Japan, S. Korea Show Ambitious Goals for Intelligent Transportation Systems
July 31, 2007 // Published as a news service by IHS
| |
| Tools for Engineers |
| IHS sells products and services designed to meet the needs of today's engineers. To learn more, and for a free quote, please complete the form below. |
|
Japan and Korea lead the world in intelligent transportation systems (ITS), and national government agendas are among the most significant drivers for the development of ITS there.
According to ABI Research, this leadership role leverages an already positive market climate for ITS services and consumer demand for telematics and location-based service (LBS) applications for vehicles.
"The Japanese and South Korean governments, having assessed the environmental issues and social costs produced by transportation systems, have identified their primary ITS goals," said ABI Research senior analyst Andy Bae.
"They include lower accident rates, increased pedestrian safety and reduced traffic congestion with its benefits of lower fuel consumption. Cooperating with manufacturers, these governments are starting to launch ambitious field tests and pilot services."
In South Korea, the government will invest a total of $3.2 billion from 2007 to 2020 in the National ITS 21 Plan.
"Its aim is to install vehicle operation management systems and traffic information data terminals in all public buses," said Bae. "Installation of electronic payment systems on mass transit vehicles is expected to be completed by the end of 2011."
Meanwhile, Japan is launching an ambitious ITS program - Smartway 2007 - on the Tokyo Metropolitan Expressway in October 2007. Analysts said full-scale deployment throughout Japan will start in 2008.
"Japan is currently entering a more mature stage," Bae said. "The Japanese traffic information service scheme aims to implement advanced technologies progressively in conjunction with ITS projects, technologies such as AHS (advanced cruise-assist highway system) to eliminate the potential causes of accidents in high-speed environments and ASV (advanced safety vehicle) to offer safer 'smart driving' via vehicle-to-vehicle communications.”
Electronic toll collection (ETC) is another part of the overall picture in both countries, and analysts estimate a 26% compound annual growth rate (CAGR) in South Korea to the end of the current forecast period in 2012. Japan is attempting to expand ETC applications by using in-vehicle ETC units for cashless service at parking lots and filling stations.
Source: ABI Research.