Global Infrastructure Investment Needs Top $50 Trillion through 2030, Offering Vast Opportunity to Engineers and Developers

Rapidly advancing technologies will relieve some of the pressure and potential congestion caused by ever-growing automobile, truck, ship and airplane traffic. These technologies can be grouped in three broad areas: 1) self-driving cars and trucks, 2) improved traffic control in the skies and on the roads, and 3) improvements in freight handling and tracking technologies. Many of these advances will be based upon utilizing remote data sensors and the Internet of Things (IoT) to gather data 24/7, analyze that input and make rapid changes or recommendations in order to reduce congestion, improve conditions or project supply chain needs.

Self-driving (autonomous) automobiles and trucks will be of particular benefit on today’s highly congested roads and highways. It is relatively easy for self-driving vehicles to understand and respond to road conditions on long stretches of divided highway, with prominent striping, little or no cross-traffic and fewer impediments like stop signs and sharp turns than found on city streets. These vehicles will be able to travel while closely spaced on highways, reducing the need for new highway construction. They will also travel together at consistent speeds, meaning less stop and go driving. Fully self-driving vehicles could eventually become so advanced that they can provide passenger transportation on crowded city streets, with safety records that will far exceed those of human drivers. The term Mobility Services is widely used to describe car-sharing strategies like Uber and other alternative personal transportation systems, including bicycle sharing.

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Global Infrastructure Investment Needs Top $50 Trillion through 2030, Offering Vast Opportunity to Engineers and Developers, Business and Industry Trends Analysis

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