Intelligent Transportation Systems Market Set to Soar: 5.75% CAGR Forecast for the Coming Period

According to straits research the Intelligent Transportation Systems Market will grow at a CAGR of 5.75% during the forecast period.


Intelligent Transportation Systems Market Share:

Las Vegas, United States: Straits Research's latest report on, Intelligent Transportation Systems Market - Global Industry Overview and Forecast, highlights potential, risk factor analyses, and enhanced with strategic and tactical decision-making assistance. The growth and regulatory factors impacting information consumption, the availability of highly dependable items in the market, and the improvement in operating efficiency of Intelligent Transportation Systems industry players. According to straits research the Intelligent Transportation Systems Market will grow at a CAGR of 5.75% during the forecast period.Intelligent Transportation Systems Market Share report covers market trends and development, drivers, capacities, technologies, and the changing dynamics of the Intelligent Transportation Systems Market.

Competitive Landscape

Some of the prominent players operating in the Intelligent Transportation Systems market are

  • Siemens (Germany)
  • Thales Group (France)
  • Kapsch TrafficCom (Austria)
  • Cubic Corporation (US)
  • Conduent, Inc. (US)
  • Garmin Ltd. (US)
  • TomTom International BV (Netherlands)
  • Teledyne FLIR Systems, Inc. (US)
  • Indra Sistemas (Spain); and Denso Corporation (Japan)

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Studies explore the effects of COVID-19 on the upstream, midstream, and downstream sectors of the industry. In addition, this analysis provides extensive market estimations by putting an emphasis on data covering numerous factors that encompass market dynamics such as market drivers, market barriers, market opportunities, market risks, and industry news and trends.

This research also provides a dashboard view of prominent Organization, highlighting their effective marketing tactics, market share and most recent advances in both historical and current settings.

Global Intelligent Transportation Systems Market: Segmentation

As a result of the Intelligent Transportation Systems market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.

Based on Offering

  • Hardware
  • Interface Boards
  • Multifunctional boards
  • Vehicle detection boards
  • Communication boards
  • Sensors
  • Vehicle detection sensors
  • Pedestrian presence sensors
  • Speed sensors
  • Surveillance Cameras
  • Thermal cameras
  • AID cameras
  • Telecommunication Networks
  • Fiber optic cables
  • Copper lines
  • Wireless media
  • Monitoring and Detection Systems
  • Automatic number plate recognition systems
  • Intelligent traffic controllers
  • Others (Linked Traffic Controllers and Variable Message Signboards)
  • Software
  • Visualization Software
  • Video Detection Management Software
  • Transit Management Software
  • Others
  • Services
  • Business and Cloud Services
  • Support and Maintenance Services

Based on System

  • Advanced Traffic Management Systems (ATMs)
  • Advanced Traveller Information Systems (ATIS)
  • ITS-enabled Transportation Pricing Systems (ITPS)
  • Advanced Public Transportation Systems (APTS)
  • Commercial Vehicle Operation (CVO) Systems

Based on Roadways Application

  • Intelligent Traffic Control
  • Traffic Monitoring Systems
  • Traffic Signal Control Systems
  • Traffic Enforcement Cameras
  • Variable Traffic Message Signboards
  • Collision Avoidance
  • Parking Management
  • Passenger Information Management
  • Ticketing Management
  • Emergency Vehicle Notification
  • Automotive Telematics
  • Fleet Management and Asset Monitoring

Based on Railways Application

  • Rail-running Operation and Collision Avoidance
  • Passenger Information Management
  • Smart Ticketing
  • Security Surveillance
  • Emergency Notification
  • Others

Based on Aviation Application

  • Security Surveillance
  • Shuttle Bus Tracking
  • Traveller Information Management
  • Smart Ticketing
  • Aircraft Management
  • Emergency Notification
  • Others

Based on the Maritime Application

  • Freight Arrival Transit
  • Real-time Weather Information Tracking
  • Container Movement Scheduling
  • Emergency Notification
  • Others

Based on Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Belgium
    • Denmark
    • Austria
    • Sweden
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia Pacific
  • Rest of the world
    • South America
    • Middle East
    • Africa

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Market Highlights:

  • A company's revenue and the applications market are used by market analysts, data analysts, and others in connected industries to assess product values and regional markets.
  • But not limited to: reports from corporations, international Organization, and governments; market surveys; relevant industry news.
  • Examining historical market patterns, making predictions for the year 2022, as well as looking forward to 2030, using CAGRs (compound annual growth rates)
  • Historical and anticipated data on demand, application, pricing, and market share by country are all included in the study, which focuses on major markets such the United States, Europe, and China.
  • Apart from that, it sheds light on the primary market forces at work as well as the obstacles, opportunities, and threats that suppliers face. In addition, the worldwide market's leading players are profiled, together with their respective market shares.

Goals of the Study

  • Global Intelligent Transportation Systems market consumption (value) by main areas and countries, product type (and application), statistics from 2019 to 2020 will be examined till forecast 2030.
  • Identify the different subsegments of the Intelligent Transportation Systems market in order to better comprehend its structure.
  • Analysis of the value of the market, as well as the competitive landscape, Porter's five forces analysis and SWOT analysis of the top Intelligent Transportation Systems worldwide manufacturers are included in this report.
  • We'll look at how well each of the Intelligent Transportation Systems is doing and how much they contribute to market size.
  • Sharing in-depth information regarding the market's development factors (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • According to main geographies, the consumption of Intelligent Transportation Systems submarkets will be forecasted (along with their respective key countries).
  • To keep up with market changes, such as new product launches, expansions, and acquisitions.
  • To identify and assess the most important companies in the market, as well as their development plans.

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