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National Deployment Estimate of the Metropolitan ITS Infrastructure : Updated with 2010 Deployment Data, 7th Revision
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2011-12-01
[PDF-866.83 KB]
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OCLC Number:788560599
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NTL Classification:NTL-INTELLIGENT TRANSPORTATION SYSTEMS-INTELLIGENT TRANSPORTATION SYSTEMS;NTL-ECONOMICS AND FINANCE-ECONOMICS AND FINANCE;NTL-ECONOMICS AND FINANCE-Funding;
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Abstract:The purpose of this report is to provide a summary and back-up information on the methodology, data sources, and results for the estimate of Intelligent Transportation Systems (ITS) capital expenditures in the top 75 metropolitan areas as of FY 2010. It is the 7th in a series of estimates that are derived from an initial forecast of the full deployment cost for ITS in Metropolitan areas across the United States, and subsequent ITS Deployment Survey results.
From 1997 to 2010 the ITS deployment among the 75 largest metropolitan areas has increased 185% or $12 billion from $6.5 billion to $18.5 billion (and $3 billion since 2005). This highlights the significant and steady growth in ITS expenditures that has occurred since the first ITS deployment survey was conducted in 1997.
The deployments made through 2010 represent 41.9% of the estimated total costs for full ITS deployment in these areas. In other words, the average market penetration of deployed ITS is about 42% in the typical large metropolitan area of the United States. From 2005 through 2010 roughly $600 million per year was invested on average by the largest 75 metropolitan areas. On average this equates to about $8.0 million per year per large metropolitan area without any special deployment program. This includes investments from all sources including federal, state, local and private funding.
Note, this work provides a conservative estimate of the ITS deployment since it does not include ITS investments in small and medium urban or rural areas. Nor does it capture reinvestment and the evolution of ITS systems to the next generation of technologies once the initial deployment has been made.
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