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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

Fiber lasers have for long been an indispensable asset to all manufacturing industries. Its unbeatable accuracy, efficiency and cost-effectiveness have made it an integral part of critical industrial processes across continents. On the other hand, the e-mobility industry is in its infancy. While it's true that sales of electric vehicles have seen an exponential increase during the last five years, the industry still has a long way to run. Some of the barriers afflicting the adoption of electric vehicles are critical in nature. The batteries used by the industry need much greater advancement before customers can drive long distances on a single charge. The lack of charging infrastructure in most countries has been a bugbear. Even the time taken to charge the battery completely leaves much to be desired. While it's being hailed as the ideal solution for future transportation, there is a lack of faith amongst users, coupled with a lack of understanding and awareness about the new technology. E-vehicles are also likely to suffer from a dull secondary market, owing to the obsolescence of technology.

The future of mobility on our planet has been a subject of speculation for many years. The move away from fossil fuels has been a certainty for many years. Different solutions to the transportation problem have been put forward by many.

The global interactive kiosks market is estimated to reach USD 73.35 Billion by 2020, at a CAGR of 9.2% between 2015 and 2020. The deployment of the interactive kiosks has improved sales of the provider owing to the efficiency in the service provided which has led to the reduction in the buyers waiting time and improved buying experience.