Results for tag: "City Congestion"

The City Congestion market within the Automotive industry is focused on reducing traffic congestion in urban areas. This is achieved through the use of technology such as connected vehicles, smart traffic signals, and autonomous vehicles. These technologies allow for more efficient traffic flow, reducing the amount of time spent in traffic and improving air quality. Additionally, these technologies can be used to reduce the number of accidents and improve safety. The City Congestion market is a rapidly growing sector of the Automotive industry, with many companies investing in the development of new technologies. Companies such as Waymo, Cruise, and Argo AI are leading the way in the development of autonomous vehicles, while companies such as TomTom, HERE Technologies, and Waze are developing connected vehicle and smart traffic signal technologies. Other companies such as Uber, Lyft, and Didi are investing in ride-sharing services to reduce the number of vehicles on the road. Show Less Read more