Through the lens of an ever-changing mobility landscape, we explore the key aspects of how technology is improving infrastructure planning and what to look for as emerging trends for transport Infratech.
Six Emerging Trends For Infratech
C.A.S.E = Connected. Autonomous. Shared. Electrified.
C.A.S.E will underpin a change in transportation. Driven by the evolution of these four pillars the future of transport will see a shift to become ‘experiential’.
Below are some emerging trends we are seeing as the application for shared mobility platforms increase.
1. CONGESTION PRICING
Connected infrastructure will enable new pricing models.
2. OCCUPANCY VALIDATION
Greater connection to commuters will allow for an improved experience.
3. AUTONOMOUS VEHICLES
Will be a place of experience and redefine the commute.
4. SMART PARKING
Shared space will drive utilisation efficiencies.
5. LAST MILE
Shared mobility will be the answer to ‘induced demand’.
6. CARBON NEUTRAL
Precincts will adopt mobility wallet concepts.
The future transport vision is Connected, Autonomous, Shared and Electrified (C.A.S.E.). Rather than waste time battling traffic, this concept promises a future of productivity gains by substituting the daily grind for an ‘experiential’ journey. Productivity can be directly tied to population spread and movements between two areas of interest. Inaccessible or costly proprietary data sources are giving way to entrepreneurial tenacity in a bid to strive toward greater ‘efficiency’. As a result, shared mobility is fast becoming a key talking point across verticals. The once theorised implications for network efficiency are now a reality influencing more than just transportation planners and their agencies.
3-Tier Approach: Shared Mobility
Increasingly, organisations are turning to innovative mobility solutions instead of building more expensive car parking spaces. For clients working with us, our methodology is simple. We see the future of corporate transport adopting a 3-tier shared mobility approach to minimise the need for parking infrastructure.
Reshaping shuttle and transit services
For urbanised areas, the accessibility of high-density development is a critical aspect of the viability and ongoing utilisation of infrastructure investment. Consolidating trips with agile, medium capacity vehicles improves access and increases coverage of vital services.
- Accessibility is critical for utilisation
- Shared data modelling scenarios support ongoing asset accessibility
- Improve the efficiency of surrounding infrastructure
2. Shared Mobility Integrations
More options with less spend on infrastructure
Validating higher occupancy vehicle trips invites the opportunity to improve asset utilisation. Single-occupancy vehicles are a leading cause of lost productivity. Through variable pricing, occupancy can be the incentive to drive change and improve asset utilisation.
- Make an asset work hard for your organisation
- Mitigate the future risk of an asset through increased utilisation
3. Mobility Wallets
Mobility-as-a-Service is fast becoming a reality. Soon you will be able to access the entire transport network for a monthly subscription cost. Placing this concept as a tactic for corporations to improve access to their sites will strengthen workplace connectivity and retention.
- Incentivise mobility modes to support an integrated transportation strategy
- Give your employment base convenient options to get to and from work
Impacting the built environment
From a transport perspective, the more you make a resource available under certain conditions, the more people will use it, resulting in greater congestion and ongoing issues as a response to the demand. Infrastructure, during the build phase, is no different. This phenomenon is called ‘induced demand’ and is providing organisations with an opportunity to benefit from a 3-tier approach to shared mobility.
Reducing single-occupancy vehicle (SOV) travel during and post-development.
We are seeing an increase in interest for shared mobility technology platforms to provide new mechanisms for reducing single-occupancy vehicle travel. From a commercial perspective we are seeing high rise buildings requiring less parking and developers requiring more transportation management plans to unlock development approval.
Mitigating induced congestion during the construction phase has been a topic partially addressed through workplace travel plans enforced by local governments during the development application process.
Real-time data of vehicle movements and occupancy validation from shared mobility trips (balanced with the right incentives) now provides a real tangible solution to reducing vehicles on-site that may spill into the surrounding neighbourhood during a project lifespan.
Recently, Brisbane City Council has proposed an increase of car space allocation per apartment for all new developments. Why not provide a mechanism to maintain the current car space to apartment size ratio and introduce a levy on single occupancy? Or on vehicle usage to incentivise a reduction in inner-city congestion?
Project scenarios with shared mobility
Project data has shown a 44% decrease in fleet size requirements.
The sheer cost of maintaining a fleet of vehicles to shuttle employees and contractors to and from a site can run into the 10’s of millions of dollars over a project lifespan. Modelling and optimising passenger movements upfront can have a significant impact on the infrastructure required to service the user base.
- Simulation of service requirements saves money
- Reduction of SOV usage contributes to long-term utilisation
- Increased utilisation maximises ROI
Why transport infratech?
‘Transport Infratech’ is quickly becoming a market validated by its role within one of the few constants in our lives—infrastructure investment. $57 trillion in infrastructure is needed to keep up with global GDP growth by 2030. It is estimated that a further $1.63 trillion could be saved annually by productivity changes. Such a massive opportunity for reduced spending gives weight to increased collaboration between technology providers and infrastructure developers. Due to the sheer impact on our lives, shared mobility is clearly a market of interest, attracting significant investment on a global stage. The demand-responsive shared mobility market is predicted to be a $500B industry by 2030, according to Frost and Sullivan.
“Future transport will be limited to imagination, not legacy.”
Find new ways to decrease cost, improve retention and reduce the reliance on costly infrastructure.
- Increase productivity by minimising single-occupancy vehicle usage
- Improve utilisation estimates with shared mobility data
- Minimise the cost of parking infrastructure by incentivising shared trips