Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the mobility industry. This time, you get to discover five hand-picked smart traffic management solutions.
Out of 206, the Global Startup Heat Map highlights 5 Top Smart Traffic Management Solutions
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 206 exemplary startups & scaleups we analyzed for this research. Further, it highlights five automotive startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 201 smart traffic management solutions, get in touch with us.
Lightcrossing Technologies develops Holographic Traffic Signals
Founding Year: 2021
Location: Langley, Canada
Partner For: Accident Prevention
Canadian startup Lightcrossing Technologies develops holographic technology to reduce the number of road collisions on intersections. The startup’s hologram traffic wall technology uses a photographic recording of a light field instead of traditional images from camera lenses. This light field displays fully three-dimensional images that are visible without any special glasses or other intermediate optics. As their holographic signals cover the entire crosswalk, it enhances the visibility of signals, thereby greatly reducing the current problem of both pedestrians and drivers not correctly observing signals causing accidents and traffic congestion.
ThruGreen creates Smart Traffic Signals
Founding Year: 2017
Location: Dumfries, US
Partner For: CO2 Emission Reduction
US-based startup ThruGreen transforms old traffic signals into smart objects by connecting them to traffic data. ThruGreen achieves this through their plug-and-play hardware that is easily installed inside traffic signal cabinets, enriching them with traffic information. Additionally, the hardware is built to function with all major traffic hardware vendors and does not require any external hardware or detectors to be installed. In this way, the solution optimizes traffic signal changes based on traffic data, reducing the wait and idle time of vehicles at red lights.
Signali advances Intelligent Traffic Monitoring
Founding Year: 2018
Location: New Haven, US
Partner For: Traffic Analytics
US-based startup Signali develops intelligent traffic monitoring solutions. Its camera-based automated traffic monitoring solution collects traffic data in real-time. The camera does this by using computer vision, while the camera feeds are routed into their software analysis toolkit for further image analytics and processing. This system allows cameras in existing infrastructure to utilize computer vision-based monitoring, allowing cities to adapt their road infrastructure and optimize traffic flow.
Simplifai Systems offers Traffic Management AI
Founding Year: 2017
Location: Huddersfield, UK
Partner For: Urban Disaster Management
UK-based startup Simplifai Systems creates AI-based traffic management systems to reduce traffic congestions within cities. The startup’s artificial intelligence facilitates real-time traffic control strategies, dynamically changes traffic lights across a city, and achieves its goal through the manipulation of traffic flow and road occupancy. The AI also reduces traffic congestion by redirecting traffic around major sporting events and controlling the flow of traffic near accidents. Using this, cities are able to not only increase the efficiency of traffic flow but also reduce the number of emissions generated from vehicles.
Anukai offers Real-time Traffic Forecasts
Founding Year: 2018
Location: Patiala, India
Partner For: Traffic Signal Synchronization
Indian startup Anukai provides deep-learning-based traffic management systems with real-time information on traffic data. The startup’s InteLights solution is an internet of things (IoT)-enabled device that uses AI and cameras to monitor traffic and provide real-time forecasting data and traffic flow patterns. Besides this, it performs automatic number plate recognition, overspeeding, and red light violation detection. Moreover, InteLights is compatible with most analog and digital CCTV cameras and integrates with existing traffic infrastructure thereby reducing traffic congestion.
Discover more Automotive Startups
Automotive startups such as the examples highlighted in this report focus on traffic analytics, collision detection, and vehicle communication. While all of these technologies play a major role in advancing the automotive industry, they only represent the tip of the iceberg. To explore automotive technologies in more detail, let us look into your areas of interest. For a more general overview, download our free Automotive Innovation Report to save your time and improve strategic decision-making.