ITS UK calls on sector to support landmark economic study
1 July 2025: 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.”
Note to editors
- Access the survey and find out more about the study here: www.its-uk.org/economic-study
- Results from the study are expected to be published in Autumn 2025.
- About ITS UK: Intelligent Transport Systems UK (ITS UK) is the voice of the transport technology industry. ITS UK provides a national platform to support the roll out of technology for a cleaner, safer and more effective transport network, both at home and abroad. We support our 180+ members – from both the private and public sector, and covering all sizes and disciplines – through advocacy to policy makers, connecting people and organisations, promoting the industry overseas and supporting innovation across the intelligent transport ecosystem. www.its-uk.org
- About Capital Economics: Capital Economics is a world-leading independent macro-economic research consultancy, providing award-winning macroeconomic, financial market and sectoral analysis to serve a diverse global client base. The consultancy team at Capital Economics was founded over 10 years ago and has since delivered over 400 projects in 30 countries. The team undertakes bespoke research projects to support customers across a variety of industries and geographies. Over the years, they have produced numerous reports helping trade associations and businesses quantify their value to the economy.