Technology brings the ultimate revolution in the transportation industry. It will be an interesting and exciting phase for the transportation industry. With every rising day, new future transportation technologies are finding their way into the transport industry.
The transportation industry is no exception in the upturn of technological innovations. A simple Google patent search shows that countless new patents in the field of transportation engineering have been registered in the last ten years alone.
According to the reports and analysis, the smart transportation market is expected to reach around $ 100 billion, with an annual growth of 9%.
This article explains the future transportation technologies that will soon be introduced in the coming years and their impact on economic growth.
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What Is Transportation Technology Of The Future?
The transportation technology of the future is at an all-time high with creative solutions helping us get down the block, across the country or the globe, and even into space.
The future of transport includes the transition to new, smarter energy sources, modes of transport, and physical and technological infrastructure to support these transport innovations.
These technologies have completely turned the status quo of the transportation sector on its head and have had a lasting impact on how we get around. Due to the enormous potential of these technologies, transportation engineering has become one of the fastest-growing and competitive fields in the world.
Why Is New Transportation Technology Important?
Innovations in the transportation technology of the future arise essentially from three necessities: efficiency, lightness, and safety.
Scientists and professionals from the transportation industry work side by side to ensure that these new technologies get more people (or things) to their destinations faster, safer, and with as few resources as possible.
As a result of this, we’ve seen, for example, a shift from coal-fueled trains to ultra-fast, high-speed trains, luxury aircraft to budget-friendly, cost-saving models, and a shift from fuel-guzzling vehicles to 100% electric cars.
With the further development of technologies such as AI, data science, manufacturing, and deep learning, the vehicles themselves are also being further developed.
These fields act as the backbone for everything from autonomous vehicles to aerospace travel and even act as the base for transportation platforms like Uber and Lyft.
What Problems Should New Transport Technologies Solve?
Human challenges and technological advances are leading to a wave of transportation innovations around the world. Issues such as overpopulation, climate change, and wealth inequality make these advances particularly attractive to cities and businesses, despite the many regulatory and logistical challenges these new ideas bring with them.
Among the problems that future transportation technologies aim to solve are the transportation problems:
- Greenhouse gas emissions. The transport industry is banking on climate change and its role in a changing world. Expect engineers to highlight cleaner solutions to limit CO2 emissions and gasoline instead of using renewable energy alternatives.
- Preventable deaths. Nearly 37,133 people die in car accidents in the United States annually. Speeding and distracted driving play a big role in these accidents. New technologies hope to find safer routes for drivers.
- Road congestion. Many cities have already used their infrastructure to the full. Transportation technology tries to reduce transportation jams by looking for alternatives to conventional roads.
- Security. With new technologies come new security risks. Developers need to learn how new technologies like flying drones can not only be invented but also protected from hackers. Since terrorists have attacked transport ships, the security risk is particularly great.
- Poverty. Affordable, environmentally friendly and inventive transportation technology will be necessary to achieve income equality around the world. Regardless of whether someone makes $10,000 or $200,000, they need to be able to work efficiently and safely.
- Speed: The amount of time spent commuting — due to miles traveled or transportation congestion — comprise years of our lives that could be put to more productive use. Transportation technology hopes to make travel quicker and more efficient by traveling at high speeds.
Are Future Transportation Technologies Really Possible?
Technology makes it easy to collect data to improve the methods at hand. Future transportation technologies are possible and can be achieved using the Internet of Things (IoT) by integrating real-time data from internet-connected devices.
Governments use this information to make transportation smarter. IoT, Big Data, and AI will make the transportation industry boom in the near future. Data engineering will be a key thing.
To understand every aspect of transportation, I want to take you on the journey of some of the future transportation technologies and how they will work.
What Are The Future Transportation Technologies?
The highly anticipated age of future transportation technologies includes autonomous cars, electric cars, hyperloops, and other types of innovations that will shock the world.
This would be really interesting as the new and advanced modes of transport would completely replace the current ones.
Let’s take a look at future transportation technologies.
Electric vehicles have a massive impact on how we get around, whether in the city or across the country. Tesla and Nissan popularized the electric car, which runs entirely on battery power to get us where we need to go.
Instead of filling up at a gas station, electric vehicles need a battery charge to get back on the road. Today’s most advanced electric vehicles can travel from 150 miles to 350 miles on a single charge.
These vehicles are fantastic examples of transportation technology as they fundamentally change the way vehicles work and drive.
Autonomous cars will overwhelm the existing automotive industry, making its biggest and most breathtaking change since it was first introduced in the early 20th century.
Slowly and gradually people are getting used to the self-driving thing. An autonomous car is said to be safer than human-powered cars because it can overcome human error.
Recent developments in cloud computing and emerging technologies such as AI, IoT, and LiDAR have turned autonomous cars from a vision to a current reality as so many companies have announced they will be launching autonomous cars and test drives of these cars are already underway Cities of the world.
Companies like Waymo and Tesla are at the forefront of the autonomous revolution. Recently, Drive.ai, a Silicon Valley-based startup developing self-driving car software, announced that it would offer free rides to passengers in Frisco, Texas.
Automakers work hard to deliver vehicles that are efficient and offer high performance. Studies have shown that reducing vehicle weight by 10% improves fuel efficiency by 6% or more.
One of the best ways to make the material lightweight is to replace iron and steel with some other metals like carbon fiber constructions and magnesium-aluminum alloys.
However, manufacturers are still working to turn the idea into a reality.
Convertible Cab cum Loads
Carpooling of the future would have the ability to morph into different forms. In addition to their versatility, this would also increase the basic level of their functionality.
Toyota has developed a concept vehicle known as the E-Pallet that can be converted from a regular taxi into a shop selling goods of all kinds or into a delivery van.
In practical terms, this means that a taxi can become a t-shirt shop in the morning and a grocery delivery van in the evening.
Companies would also modify seats in vans and buses to make them more convertible in the future. User data on certain personalized routes would also see the light of day soon.
Companies like Amazon, UPS, DHL, etc. are working on developing drones for quick mile delivery. The production of such drones is a technological challenge. Companies in this sector are working to make delivery drones a reality.
The most exciting transportation technology right now is aerospace. Companies like SpaceX, Blue Origin, and Virgin Galactic are struggling to be the first to offer commercial spaceflight. So you no longer have to be a NASA astronaut to realize your childhood dream of flying through space.
The rise of commercial space travel has brought a number of incredible technological advances, including the use of reusable rocket boosters (as shown in the video above). Originally, missile ships dropped their boosters about 2 minutes after launch.
These boosters were unique and fell back to earth in a burning heap. SpaceX has developed boosters that move gently back to earth with excellent precision.
The reusability of these missiles is an achievement in cost-saving travel technology that is now opening up space travel to civilians (albeit currently extremely wealthy civilians).
Tesla and its founder Elon Musk have a well-deserved reputation for being technological outsiders. Another plan by Musk is to create a localized, futuristic subway system.
The system enables people to avoid transportation and commute quickly. The downside, however, is the risk of congestion and a standstill at the entrance of the tunnel as more and more people will use these capsules as a super-fast means of transportation.
Tesla has completed the construction of the first section of tunnel in the city that will transport people in their own cars or pedestrian pods at speeds of up to 250 km/h.
In the United States, the construction of new subway systems is progressing more slowly. But the futuristic loop is already being tried out in Los Angeles.
Hyperloop, as the name suggests, is a sealed pipe or pipe system through which a pod can move free of air resistance or friction in order to move people or objects at high speed. Tesla and Hyperloop One are two of the largest companies developing Hyperloop.
Hyperloop is one of the most widely used technologies in transportation. It is a tube that uses the physical properties of a vacuum to transport users from one place to another.
The projects are developing in different locations around the world. This project will help reduce the complexity of inner-city transportation. This can mean a complete revolution in the transportation industry.
This would allow passengers to travel at a top speed of 600 miles per hour, which is more than twice the top speed of the fastest train.
There are many challenges associated with developing Hyperloop, including the arduous task of building a vacuum tube over hundreds of kilometers of land and investing billions of dollars.
Otherwise, the Hyperloop may only drive in a straight line so that the passengers do not get sick. Getting environmental and other permits for the purpose of the hyperloop is a daunting task, and many people assume that it is over the top and extravagant.
Magnetic Levitation Trains
Maglev trains (short for “Magnetic Levitation”) hover about 4 inches above their tracks and are powered by electrically charged magnets. The drivers claim the trains are exceptionally comfortable and stable.
Maglev trains have been recorded to travel at a speed of 375 miles per hour (mph). Maglev trains are already in operation in China and Germany and are expected to be a widely used mode of transport around the world by 2030.
Flying cabs seem straight out of a science fiction novel or fantasy of the human mind, but the flying cab project is as realistic as it gets. Big companies like Uber, Boeing, and Airbus have started developing this technology.
Whether it’s a startup or a large company, flying taxis will be the future of the transportation industry. Uber has announced that it will develop flying taxis with support from NASA by 2023.
Uber’s goal is to build a flying taxi that is electrically powered and that will take passengers to their destinations.
An example of such a flying taxi is the Volocopter, an autonomous aircraft powered by electrical energy. Volocopter is currently being tested in Dubai.
Under the agreement between the two, Uber will share its plans to implement a ride-sharing center for urban aviation.
NASA will use the latest airspace management computer models and simulations to assess the impact of small aircraft – from delivery drones to passenger aircraft with vertical take-off and landing capabilities – in crowded environments.
The German elevator manufacturer Thyssen Krupp is developing the world’s first ropeless elevator system that moves sideways.
Instead of the conventional car moving up and down a vertical shaft, the new system consists of several cars that operate on an electromagnetic track. Following the principles of maglev, the cabins move up one shaft, move horizontally, and descend another shaft, creating a continuous loop.
Sophisticated switches help guide the cars and are equipped with carbon fiber bearings (so-called loops) that they can use to change direction.
Compared to conventional cable-operated elevators, the new system requires fewer and smaller shafts, which increases the usable area of a building by up to 25 percent.
Bicycle sharing system
Alternatively, users who do not want to cycle through the main transport hubs can use a bicycle. In the bicycle sharing system, a user can rent a bicycle from the start of his journey and park it at his destination.
Now companies can use electric bicycles for a variety of deliveries, and in the future, they can do other services at a low cost. Research has shown that bike-sharing has a good impact on reducing transportation and thus controlling pollution.
Transportation technology isn’t just about moving people. It may also contain the technology that helps get our packages and products from point A to point B. One of the greatest advances in transportation technology for the shipping industry is last-mile robotics.
Instead of relying on a delivery driver or postal worker to deliver the item to your doorstep, companies are now using robots to traverse cities and glide down sidewalks to deliver your package right to your front door.
Amazon and FedEx are currently using robots in certain cities to deliver packages within a few kilometers of their fulfillment centers, and Domino’s Pizza is using robots to deliver their pizza orders on time.
Satellite-based Air Transportation control systems
The air transportation control systems in operation today are ground-based and use technologies from the 1960s. Satellite-based control systems enable air transportation controllers to work more efficiently.
The US is currently working on NextGen, a satellite-based air transportation control system that will be implemented gradually by 2025. GPS technology is used to increase accuracy and shorten routes.
NextGen is expected to save time and fuel, reduce flight delays, increase flight capacity and enable air transportation controllers to monitor aircraft with improved safety margins.
Once NextGen is deployed in American airports, planes will be able to fly closer together, making it easier to take direct routes and avoiding delays caused by “stacking” planes waiting to take off.
NextGen will reduce aircraft downtime both in the sky and at airports.
Automated Flight and Freight Check-In
Companies like Delta Airlines have long since implemented digital check-in for their commercial passenger airlines. Automated flight and cargo check-in is only the next step in the evolution of this technology and is already being adopted in a variety of industries.
This technology works like the Internet of Things, which has been revolutionizing commercial business for nearly a decade.
By networking shipping containers and other ULDs, shippers will be able to use software that automatically registers the weight, dimensions, and contents of each ULD, potentially saving hundreds of man-hours per year.
Not only does this save money by reducing the transportation time of drivers stuck in long queues at highway scales, it also makes cargo misplacement and accidentally moving cargo to the wrong place a thing of the past.
Put simply, when dispatchers know exactly what is in which container, where it was, and how much it weighs without having to check the manifest, they can move much more efficiently.
When you consider that many of these processes are automated, the increase in efficiency is even more noticeable.
How Will Future Transport Technology Affect Economic Growth?
The revolution in the transportation industry will also have an impact on economic growth.
The transport industry has been an important economic factor for decades. It plays a key role in economic growth, as there are economic opportunities associated with the transport of goods and people.
When transportation is good, new employment, investment, and market opportunities are created, which in turn lead to good economic growth. If we go in-depth, transportation can have three main effects on economic growth.
It offers a broader base of inputs such as raw materials, labor, energy, parts, and much more. All of these factors lead to increased productivity. The development of transportation connects the market with the global consumption, distribution, and production economy.
With the advancement of technology in the transportation field, the time required for transportation has been reduced. And it has a direct impact on the world economy. Efficient transportation leads to smoother passenger transportation, which enables faster economic growth.
The ability to move goods and passengers is fundamental to the economy. The more paths are made available, the lower the costs. In addition, economic growth will also increase.
With all of the above technologies, we will see a complete revolution in the future transportation industry. There are many profitable business ideas in transportation, and almost any one of them will succeed in the future.
We are moving towards the future where transportation will be as easy as sending emails or navigating the web in everyday life.
As the technology of the future becomes the technology of the present, the choice is yours to adapt or to become part of the past.
New technologies are exciting, but they also bring fear and uncertainty with them. You can reduce your anxiety by making sure you and your transportation investments are covered with auto insurance.
Whether you own a car that drives yourself or a car that is transported through tunnels underground, you can feel safer and more financially secure with a fully protected vehicle.
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