Could Now Be the Best Time to Target Key Opportunities across the US Transportation Market Spectrum?
The political landscape is reflecting market ambition
Many US states are looking to improve demand management by implementing intelligent transport system (ITS) and vehicle-to-everything (V2X) technology, expanding their public transit networks, and developing active transportation infrastructure and shared mobility services to increase system flexibility and efficiency.
According to a new report by Frost & Sullivan, commissioned by the British Embassy in Washington, electrification of public transit fleets ranks high on the agenda of states like California, Florida, and New York, all connected to the net zero agenda. More than 12 out of the 20 states researched were pushing forward on autonomous mobility plans, with California, Texas, Tennessee, Pennsylvania, and Virginia either piloting or already offering commercial autonomous mobility solutions.
The report further underscores the opportunities presented by port and intermodal freight hub development projects in states like California, Florida, Georgia, and North Carolina. Expansion of freight rail capacity was a major focus area in many states, with high-speed rail a prominent feature of transport plans in California, Georgia, and Texas.
Access the United States - Future of Transportation Report Here.