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Intelligent transportation solution provides real-time traffic statistics that helps in solving problems associated with traffic congestion. The system fetches information from sensors that analyze vehicle speed, pre-emption alarms, traffic signals, and other traffic-related data. Road safety and surveillance, traffic management, public transport, environment protection, freight management, automotive telematics, and parking management are some of the application areas of intelligent transportation solutions. Growing concern regarding the public safety and increasing traffic congestion is driving the market growth of the intelligent transportation system. The growing need for effective traffic management in order to reduce the traffic is again fueling market growth. Moreover, the increasing adoption of the intelligent transportation system for real-time traffic information as it helps in resolving growing traffic congestion is also propelling the market growth of the intelligent transportation system. The growing focus of manufacturers to create awareness regarding traffic management will further favor market growth in the near future. For instance, in July 2020, Huawei conducted an online summit of the Intelligent Traffic Management Solution with the theme of "Transform the Way We Move" to address challenges on traffic law enforcement, traffic violation inspection, and traffic control with advanced technologies including big data, AI, cloud, 5G, and more. From the geographical point of view, North America is expected to gain significant growth over the forecast period and this is attributed to the strong presence of IT & software companies coupled with the rapid adoption of intelligent transportation systems across the region. According to the International Trade Administration, the United States has the most advanced software and information technology (IT) services industry in the world. More than 40 percent of the $5 trillion global IT market is in North Ame

3D Printing, also known as additive manufacturing or computer-aided design, is the creation of an object by using a CAD (computer-aided design) model or a virtual three-dimensional model on a computer screen. The object is then printed in solid or semi-solid materials from the computer's digital design. This process is similar to how a 3-D printer makes a photo-realistic image, except with an additive printer, it uses the same principles that produce digital images but with less human interference. 3D printing is still in the nascent stage in various sectors. Market Insights Development and launch of novel software for 3D printing is expected to propel growth of the global 3D printing market over the forecast period. For instance, in July 2020, SprintRay released a new software feature dubbed 'Pixel Toning' to its digital dentistry ecosystem. Moreover, R&D in 3D bio-printed implants is also expected to aid in growth of the global 3D printing market over the forecast period. Read More @ https://coherentmarketinsights-blog.blogspot.com/2020/11/nexa3d-launches-xcure-new-post.html