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Forecast analysis of China’s intelligent transportation market size and development trends in 2020

In recent years, driven by social and economic development and national policies, my country's urbanization process has developed rapidly. With the rapid growth of urbanization rate, there is a huge demand for urban transportation. Our country is not only one of the countries with the fastest construction speed of roads and other transportation infrastructure in the world today, but also one of the countries with the fastest growing transportation demand. Expressways are still the main direction of government investment in infrastructure construction.

According to data, 2.1895 billion yuan of highway construction investment was completed in 2019, an increase of 2.6% over the previous year. Among them, the investment in highway construction was 1,150.4 billion yuan, an increase of 15.4%; the investment in the construction of ordinary national and provincial highways was 492.4 billion yuan, a decrease of 10.3%; the investment in rural highway construction was 466.3 billion yuan, a decrease of 6.5%.

National policies continue to advance

According to the "National Highway Network Plan (2013-2030)", by 2030, my country's planned highway mileage will reach 118,000 kilometers, plus 18,000 kilometers of long-term prospect lines, and ordinary national highways will reach 265,000 kilometers. Intelligent transportation is closely related to the development of highway construction. Currently, among the investment per unit mileage of highways in my country, the proportion of investment in intelligent transportation systems accounts for an average of about 2% to 3%, which is significantly lower than the 10% to 15% ratio abroad. The huge scale of highway network construction will bring huge market demand in the field of intelligent transportation and management.

The smart transportation market is developing in an all-round way

With the gradual maturity of artificial intelligence technology and the promotion of multiple policies, intelligent highways have become the main development direction of highway transportation. Through the construction of infrastructure, highway network construction will continue to increase, and highway freight capacity will also continue to improve. Data shows that China's highway intelligent market developed rapidly from 2015 to 2017, growing from 14.99 billion yuan to 41.56 billion yuan, an increase of 26.57 billion yuan in three years, with an average annual compound growth rate of 40%. With the further development of intelligent highway construction in China, the market size will gradually increase. The China Business Industry Research Institute predicts that the scale of my country's intelligent highway market will exceed the 60 billion yuan mark in 2020.

Smart transportation is one of the most important scenarios for smart city applications

The core of smart cities is to use big data, cloud computing and other new generation information technologies to change the interaction between governments, enterprises and residents, to manage and operate the entire city on the basis of comprehensive digitalization of the city, to meet various needs including government affairs, people's livelihood, economic activities, etc. Intelligent transportation has become an important area that needs breakthroughs in the construction of smart cities in my country. There is huge space for the future development of smart cities. Smart transportation is one of the most important scenarios in new urbanization and smart city construction, and is strongly supported by policies.

In-depth integration of security technology and security engineering with intelligent transportation

Popular application of Internet of Things technology , making urban security evolve from a simple security protection system in the past to a comprehensive urban system. Urban security projects cover many fields. After security technology enters the field of intelligent transportation, it not only strengthens the original systems and applications, but also injects new vitality into the development of intelligent transportation. Innovative applications have appeared in many subdivisions, such as secondary image recognition, video traffic flow collection, video concentration, visual signal control, etc.

Intelligent transportation development trends

1. In-depth application of AI technology in the field of intelligent transportation

The subsystems of the traditional intelligent transportation system are independent of each other. New-generation technologies such as cloud computing and big data can not only guide the various subsystems of the traditional intelligent transportation system to develop in a deep and intelligent direction, but also promote the horizontal integration between the systems and stimulate more intelligence. Energy applications, data fusion and sharing among various systems have become the development trend of intelligent transportation systems. Intelligent traffic management will strengthen the innovative application of new technologies such as big data and artificial intelligence on the original basis. According to the specific scenarios of the transportation industry, the data, business and algorithms of the model will be integrated, and the gap between scientific computing and traditional business applications will be bridged through the construction of a new computing framework.

 

2. The construction of the vehicle networking system has triggered innovative changes in intelligent traffic management

 

The construction of the vehicle networking system is the result of the integration and development of intelligent transportation, intelligent terminals, urban traffic management and service platforms, and in-depth applications of 4G or next-generation wireless communication technologies. With the continuous improvement of the top-level design and overall planning of smart cities, the development of transportation informatization and even intelligent transportation industry has opened up a wide range of development space for the Internet of Vehicles, and further enhanced the speed of the development of the Internet of Vehicles through the development of the intelligent transportation industry. With the advancement of intelligent transportation construction and operation, the application of vehicle networking began Distributed in traffic jam control, traffic safety control, traffic information services, commercial operation services, etc., it has become the collection terminal and control node of the traffic condition perception network.

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