Intelligent transportation Market may be a computerized system with diverse applications connected with vehicle transportation. Also, it provides travelers with important information while improving the security and efficiency of the transportation. Intelligent transportation systems within the market has been significantly rising owing to growing demand of vehicles and increasing urbanization resulting in space congestion within the town limits.
The Intelligent Transportation System Market is expected to grow more than USD 47 billion by 2027, at a CAGR of 15.3%.
Currently, Lack of interoperability and standardization is limiting the expansion of Intelligent transportation Market. Major restraint for market growth is, the slow growth of infrastructure, especially within the developing regions of the planet due to the high cost of installation. ITS market also can have many various goals, some will check out the way to direct volumes of traffic. Others may check out the way to improve the enforcement of traffic laws.
Intelligent transportation contributes to a discount in consumption of fuels and greenhouse emission emissions by preventing cars to stay in idle position and reducing traffic jam. Furthermore, major opportunity for the market lies in development of smart vehicles that might operate intelligently controlled roads by deploying state of art infrastructure and latest technologies. The intelligent transportation market is predicted to exhibit an accelerated growth over the forecast timeline owing to a rise within the adoption of smart transport systems to scale back traffic jam problems and favorable government initiatives which will foster the event of smart transport infrastructure. ITS combines various sorts of advanced communication & information technologies to make a network of systems that assist in managing traffic and alter the way users, businesses, and governments affect transportation. It is aimed toward providing advanced services to varied transportation modes and traffic management solutions like smart parking assistance, fleet management, intelligent traffic management, smart ticketing solutions, passenger information solution, security & surveillance, and mobility services. Various government initiatives for smart city development have also triggered the adoption of solutions to reinforce transport connectivity
Global Intelligent Transportation System market is segmented based on the Systems as Advanced Traffic Management System, Advanced Traveler Information System. On the basis of application, the global Intelligent Transportation System market is segregated as. The report segments global Intelligent Transportation System market based on Offering.
Global Intelligent Transportation System market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Intelligent Transportation System market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Intelligent Transportation System market manufacturers. The revenue generated from the sales of Intelligent Transportation System manufacturer has been calculated through primary and secondary research.
The market size estimation also considered leading players revenues as part of triangulation the key players considered are Thales Group (France), Siemens AG (Germany), Garmin Ltd. (Switzerland), Kapsch TrafficCom (Austria), TomTom International B.V. (Netherlands), Cubic Corporation (US), Q-Free ASA (Norway), EFKON GmbH (Austria), FLIR Systems, Inc. (US), Denso Corporation (Japan). in the Intelligent Transportation System market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes types of segmentation determined using secondary sources and verified through primary sources.
The Intelligent Transportation System Market has been segmented as below:
Intelligent Transportation System Market, By Application
Intelligent Transportation System Market, By System
Intelligent Transportation System Market, By Offering
Intelligent Transportation System Market, By Protocol
Intelligent Transportation System Market, By Region
Report scope:
The global Intelligent Transportation System market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.
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1 Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2 Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.3.1 Secondary Research
2.3.2 Primary Research
2.3.3 Models for Estimation
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach – Segmental Market Analysis
2.4.2 Top-Down Approach – Parent Market Analysis
3 Executive Summary
4 Intelligent Transportation System Market, By Application
4.1 Introduction
4.2 Collision Avoidance
4.2.1 Market Overview
4.2.2 Market Size and Forecast
4.3 Parking Management
4.3.1 Market Overview
4.3.2 Market Size and Forecast
4.4 Passenger Information Management
4.4.1 Market Overview
4.4.2 Market Size and Forecast
4.5 Ticketing Management
4.5.1 Market Overview
4.5.2 Market Size and Forecast
4.6 Emergency Vehicle Notification
4.6.1 Market Overview
4.6.2 Market Size and Forecast
4.7 Automotive Telematics
4.7.1 Market Overview
4.7.2 Market Size and Forecast
4.8 Fleet Management and Asset Monitoring
4.8.1 Market Overview
4.8.2 Market Size and Forecast
5 Intelligent Transportation System Market, By System
5.1 Introduction
5.2 ITS-Enabled Transportation Pricing System
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Advanced Public Transportation System
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Commercial Vehicle Operation
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Advanced Traffic Management System
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Advanced Traveller Information System
5.6.1 Market Overview
5.6.2 Market Size and Forecast
6 Intelligent Transportation System Market, By Offering
6.1 Introduction
6.2 Software
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Hardware
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Services
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7 Intelligent Transportation System Market, By Protocol
7.1 Introduction
7.2 IEEE 1512
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Traffic Management Data Dictionary
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Short Range
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Long Range
7.5.1 Market Overview
7.5.2 Market Size and Forecast
8 Intelligent Transportation System Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 By Application
8.2.2 By System
8.2.3 By Offering
8.2.4 By Protocol
8.2.5 By Country
8.2.5.1 U.S.
8.2.5.2 Canada
8.2.5.3 Mexico
8.3 Europe
8.3.1 By Application
8.3.2 By System
8.3.3 By Offering
8.3.4 By Protocol
8.3.5 By Country
8.3.5.1 U.K
8.3.5.2 Germany
8.3.5.3 Italy
8.3.5.4 France
8.3.5.5 Rest of Europe
8.4 Asia-Pacific
8.4.1 By Application
8.4.2 By System
8.4.3 By Offering
8.4.4 By Protocol
8.4.5 By Country
8.4.5.1 China
8.4.5.2 Australia
8.4.5.3 Japan
8.4.5.4 South Korea
8.4.5.5 India
8.4.5.6 Rest of APAC
8.5 Rest of the World
8.5.1 By Application
8.5.2 By System
8.5.3 By Offering
8.5.4 By Protocol
The Intelligent Transportation System Market has been segmented as below:
Intelligent Transportation System Market, By Application
Intelligent Transportation System Market, By System
Intelligent Transportation System Market, By Offering
Intelligent Transportation System Market, By Protocol
Intelligent Transportation System Market, By Region
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