Intelligent Transport Systems UK (ITS UK) has called on the transport technology industry to support a landmark economic study of the sector by taking part in a survey.
Conducted in partnership with Capital Economics, the study aims to determine the economic value (GVA), jobs and tax revenue of the UK ITS sector, providing robust statistics to policymakers on how the industry can support economic growth.
A survey is available to fill in here, focusing on the economic activity of individual organisations. All responses will be treated confidentially and will be shared with Capital Economics exclusively.
Max Sugarman, chief executive of ITS UK, said: 'With the recent Spending Review, and the Government setting out a clear mission for growth, it is more essential than ever that the industry has robust evidence to show the value it provides to the economy.
'With Capital Economics, we are aiming to develop figures on the economic growth, jobs and tax revenue the sector provides, but to do so, we need the sector’s help.
'We’re asking all in the industry to fill in a confidential survey setting out their economic activity so we can build up a national picture of the sector, thereby helping us advocate the value of the industry to policymakers at this critical time for transport investment.'
Results from the study are expected to be published in autumn 2025.
