Intelligent Transport Systems UK (ITS UK) is calling on the transport technology industry to support a landmark economic study to quantify the economic contribution of the UK sector, by filling in a survey.

Conducted in partnership with Capital Economics, the study will determine the economic value (GVA), jobs, and tax revenue from the sector, supporting ITS UK’s advocacy work by providing robust statistics to policymakers on how the sector can support economic growth.

A survey is now available for ITS UK members, wider transport technology firms and public sector bodies to fill in, asking questions around the economic activity of individual organisations. All responses will be treated confidential and will be shared with Capital Economics exclusively.

Max Sugarman, Chief Executive of ITS UK, said: “The transport technology sector plays a critical role in supporting a smarter, safer, greener and more efficient transport network. Yet, 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 sectors’ 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.

“We encourage all to fill in the survey – help us make the case for ITS, and for the role it plays as a strategically important sector for the economy.”

You can find the survey here.

(Logo – ITS UK)