Report Details

Intelligent Transportation System Market: Overview

One of the major causes driving demand for intelligent transportation systems around the world is the need to give passengers and drivers with real-time traffic information from various places. Other factors expected to fuel overall growth include an increase in the number of vehicles on the road, aging infrastructure, and a lack of traffic data management. The desire to improve traffic flow across highways and corridors in cities has resulted in a growing need for alternative traffic management technology. Using creative and advanced data analytics technology, transportation authorities can handle the growing traffic problem.

Intelligent Transportation System Market: Growth Factors

The use of Intelligent Transportation System aids in the provision of real-time traffic statistics that can aid in the resolution of escalating traffic congestion issues. Sensors that measure vehicle speed, traffic signals, pre-emption alarms, and other traffic-related data are sent into intelligent signal controls. Data from numerous sensors is processed by sophisticated algorithms before being sent back to the controllers. Collecting real-time traffic statistics aids in traffic signal control. To increase mobility, Intelligent Transportation System assists drivers in identifying quicker and traffic-free routes.

REPORT SNAPSHOT & REPORTING DATA TIMEFRAME
Parameter Details
Historical Date ( Actual Data) 2016 - 2020
Base Year Data 2020
Current Year Data 2021
Projected Data 2021 - 2026
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered product type, application, region
Regional scope North America; Europe; Asia Pacific; Central & South America; Middle East & Africa
Country Scope U.S.; Canada; Mexico; Germany; France; U.K.; China; Japan; South Korea; Singapore; Malaysia; Brazil; Saudi Arabia
Customization scope Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options Avail customized purchase options to meet your exact research needs. Explore purchase options

Advances in emergency services and traffic management enable authorities to respond more quickly and efficiently to accidents and emergencies. The use of such devices reduces travel time and improves traffic management efficiency. The usage of public transportation, such as buses and trains, reduces carbon dioxide emissions and pollutants in the air.

Intelligent Transportation System Market: Segmentation

On the basis of type of the Intelligent Transportation Systems, the intelligent transportation system (ITS) market can be segmented into: Advanced Transportation Pricing Systems (ATPS), Emergency Management System (EMS), Advanced Traveller Information System (ATIS), Advanced Traffic Management System (ATMS), Advanced Public Transportation System (APTS), and Commercial Vehicle Operation. The increasing traffic congestion on roadways throughout the world is credited with the highest market size for Advanced Traffic Management Systems (ATMS). To overcome this issue, the Advanced Traffic Management System is projected to be widely applied around the world. Among the applications included in the Advanced Traffic Management System are dynamic messaging signs, traffic signals, and ramp metering, among others. Bad traffic signal management contribute significantly to traffic congestion and, to a considerable extent, an increase in overall travel time. ATMS aids in the detection of hazardous weather conditions, roadway dangers, and accidents, as well as providing a comprehensive view of overall traffic movement. They are equipped with current traffic control technologies, which aid in the reduction of traffic congestion and the efficient utilization of road space. On the basis of application of the Intelligent Transportation Systems, the intelligent transportation system (ITS) market can be segmented into: Collision Avoidance, Parking Management, Fleet Management and Asset Monitoring, Intelligent Traffic Control, Passenger Information Management, Emergency Vehicle Notification, Ticketing Management, and Automotive Telematics. The market is growing due to rising demand for driver assistance systems and automatic driving systems. Factors such as the desire to alleviate traffic congestion and increased financing by various governments for the installation of ITS in automotive telematics systems are also contributing to the market's rapid expansion.

Intelligent Transportation System Market: Regional Analysis

The Intelligent Transportation System Market for Roadways has been divided into four regions depending on geography: North America, Europe, Asia Pacific, and Rest of the World. During the projection period, North America is expected to have the biggest market share. The use of ITS to alleviate traffic congestion and improve road safety is moving the ITS market in North America forward. Another key driver for this industry is government financing and assistance for the development of ITS across North America.

Intelligent Transportation System Market: Competitive Players

Some of the major market players in the Intelligent Transportation System Market include Siemens, Cubic Corporation, Kapsch TrafficCom, Thales Group, Garmin, TomTom International BV, Q-Free ASA, Denso Corporation, FLIR Systems, Inc., Indra Sistemas, and EFKON GmbH.

Intelligent Transportation System Market: By Type Segmentation Analysis:

  • Advanced Transportation Pricing Systems (ATPS)
  • Emergency Management System (EMS)
  • Advanced Traveller Information System (ATIS)
  • Advanced Traffic Management System (ATMS)
  • Advanced Public Transportation System (APTS)
  • Commercial Vehicle Operation

Intelligent Transportation System Market: By Application Segmentation Analysis:

  • Collision Avoidance
  • Parking Management
  • Fleet Management and Asset Monitoring
  • Intelligent Traffic Control
  • Passenger Information Management
  • Emergency Vehicle Notification
  • Ticketing Management
  • Automotive Telematics

Intelligent Transportation System Market: Regional Segmentation Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia

    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

 

Frequently Asked Questions

What are the key factors driving Intelligent Transportation System Market?

One of the major causes driving demand for intelligent transportation systems around the world is the need to give passengers and drivers with real-time traffic information from various places. Other factors expected to fuel overall growth include an increase in the number of vehicles on the road, aging infrastructure, and a lack of traffic data management.

What will be the value of the Intelligent Transportation System Market during 2020- 2026?

According to the report published by Market Research Store, global demand for intelligent transportation systems market is expected to generate revenue of around USD 6,822.13 Million by end of 2026, growing at a CAGR of around 19.4% between 2021 and 2026.

Which region will make substantial contributions to global revenues from Intelligent Transportation System Market?

During the projection period, North America is expected to have the biggest market share. The use of ITS to alleviate traffic congestion and improve road safety is moving the ITS market in North America forward. Another key driver for this industry is government financing and assistance for the development of ITS across North America.

What are the key players leveraging Intelligent Transportation System Market?

Some of the major market players in the Intelligent Transportation System Market include Siemens, Cubic Corporation, Kapsch TrafficCom, Thales Group, Garmin, TomTom International BV, Q-Free ASA, Denso Corporation, FLIR Systems, Inc., Indra Sistemas, and EFKON GmbH.

Table Of Content

  • Chapter 1 Executive Summary
    • 1.1. Introduction of Intelligent Transportation Systems
    • 1.2. Global Intelligent Transportation Systems Market, 2020 & 2026 (USD Million)
    • 1.3. Global Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 1.4. Global Intelligent Transportation Systems Market Absulute Revenue Opportunity, 2016 – 2026 (USD Million)
    • 1.5. Global Intelligent Transportation Systems Market Incremental Revenue Opportunity, 2020 – 2026 (USD Million)
    • 1.6. COVID-19 Impacts on Intelligent Transportation Systems Market
      • 1.6.1. COVID-19 Impact on the Players
      • 1.6.2. Business Strategies and Recommendations
  • Chapter 2 Intelligent Transportation Systems Market – Type Analysis
    • 2.1. Global Intelligent Transportation Systems Market – Type Overview
    • 2.2. Global Intelligent Transportation Systems Market Share, by Type, 2020 & 2026 (USD Million)
    • 2.3. Advanced Transportation Pricing Systems (ATPS)
      • 2.3.1. Global Advanced Transportation Pricing Systems (ATPS) Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 2.4. Emergency Management System (EMS)
      • 2.4.1. Global Emergency Management System (EMS) Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 2.5. Advanced Traveller Information System (ATIS)
      • 2.5.1. Global Advanced Traveller Information System (ATIS) Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 2.6. Advanced Traffic Management System (ATMS)
      • 2.6.1. Global Advanced Traffic Management System (ATMS) Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 2.7. Advanced Public Transportation System (APTS)
      • 2.7.1. Global Advanced Public Transportation System (APTS) Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 2.8. Commercial Vehicle Operation
      • 2.8.1. Global Commercial Vehicle Operation Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
  • Chapter 3 Intelligent Transportation Systems Market – Application Analysis
    • 3.1. Global Intelligent Transportation Systems Market – Application Overview
    • 3.2. Global Intelligent Transportation Systems Market Share, by Application, 2020 & 2026 (USD Million)
    • 3.3. Cullision Avoidance
      • 3.3.1. Global Cullision Avoidance Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 3.4. Parking Management
      • 3.4.1. Global Parking Management Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 3.5. Fleet Management and Asset Monitoring
      • 3.5.1. Global Fleet Management and Asset Monitoring Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 3.6. Intelligent Traffic Contrul
      • 3.6.1. Global Intelligent Traffic Contrul Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 3.7. Passenger Information Management
      • 3.7.1. Global Passenger Information Management Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 3.8. Emergency Vehicle Notification
      • 3.8.1. Global Emergency Vehicle Notification Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 3.9. Ticketing Management
      • 3.9.1. Global Ticketing Management Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 3.10. Automotive Telematics
      • 3.10.1. Global Automotive Telematics Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 3.11. Others
      • 3.11.1. Global Others Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
  • Chapter 4 Intelligent Transportation Systems Market – Regional Analysis
    • 4.1. Global Intelligent Transportation Systems Market Regional Overview
    • 4.2. Global Intelligent Transportation Systems Market Share, by Region, 2020 & 2026 (USD Million)
    • 4.3. North America
      • 4.3.1. North America Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
        • 4.3.1.1. North America Intelligent Transportation Systems Market, by Country, 2016 - 2026 (USD Million)
      • 4.3.2. North America Intelligent Transportation Systems Market, by Type, 2016 – 2026
        • 4.3.2.1. North America Intelligent Transportation Systems Market, by Type, 2016 – 2026 (USD Million)
      • 4.3.3. North America Intelligent Transportation Systems Market, by Application, 2016 – 2026
        • 4.3.3.1. North America Intelligent Transportation Systems Market, by Application, 2016 – 2026 (USD Million)
      • 4.3.4. U.S.
        • 4.3.4.1. U.S. Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.3.5. Canada
        • 4.3.5.1. Canada Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 4.4. Europe
      • 4.4.1. Europe Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
        • 4.4.1.1. Europe Intelligent Transportation Systems Market, by Country, 2016 - 2026 (USD Million)
      • 4.4.2. Europe Intelligent Transportation Systems Market, by Type, 2016 – 2026
        • 4.4.2.1. Europe Intelligent Transportation Systems Market, by Type, 2016 – 2026 (USD Million)
      • 4.4.3. Europe Intelligent Transportation Systems Market, by Application, 2016 – 2026
        • 4.4.3.1. Europe Intelligent Transportation Systems Market, by Application, 2016 – 2026 (USD Million)
      • 4.4.4. Germany
        • 4.4.4.1. Germany Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.4.5. France
        • 4.4.5.1. France Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.4.6. U.K.
        • 4.4.6.1. U.K. Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.4.7. Italy
        • 4.4.7.1. Italy Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.4.8. Spain
        • 4.4.8.1. Spain Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.4.9. Rest of Europe
        • 4.4.9.1. Rest of Europe Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 4.5. Asia Pacific
      • 4.5.1. Asia Pacific Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
        • 4.5.1.1. Asia Pacific Intelligent Transportation Systems Market, by Country, 2016 - 2026 (USD Million)
      • 4.5.2. Asia Pacific Intelligent Transportation Systems Market, by Type, 2016 – 2026
        • 4.5.2.1. Asia Pacific Intelligent Transportation Systems Market, by Type, 2016 – 2026 (USD Million)
      • 4.5.3. Asia Pacific Intelligent Transportation Systems Market, by Application, 2016 – 2026
        • 4.5.3.1. Asia Pacific Intelligent Transportation Systems Market, by Application, 2016 – 2026 (USD Million)
      • 4.5.4. China
        • 4.5.4.1. China Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.5.5. Japan
        • 4.5.5.1. Japan Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.5.6. India
        • 4.5.6.1. India Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.5.7. South Korea
        • 4.5.7.1. South Korea Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.5.8. South-East Asia
        • 4.5.8.1. South-East Asia Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.5.9. Rest of Asia Pacific
        • 4.5.9.1. Rest of Asia Pacific Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 4.6. Latin America
      • 4.6.1. Latin America Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
        • 4.6.1.1. Latin America Intelligent Transportation Systems Market, by Country, 2016 - 2026 (USD Million)
      • 4.6.2. Latin America Intelligent Transportation Systems Market, by Type, 2016 – 2026
        • 4.6.2.1. Latin America Intelligent Transportation Systems Market, by Type, 2016 – 2026 (USD Million)
      • 4.6.3. Latin America Intelligent Transportation Systems Market, by Application, 2016 – 2026
        • 4.6.3.1. Latin America Intelligent Transportation Systems Market, by Application, 2016 – 2026 (USD Million)
      • 4.6.4. Brazil
        • 4.6.4.1. Brazil Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.6.5. Mexico
        • 4.6.5.1. Mexico Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.6.6. Rest of Latin America
        • 4.6.6.1. Rest of Latin America Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
    • 4.7. The Middle-East and Africa
      • 4.7.1. The Middle-East and Africa Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
        • 4.7.1.1. The Middle-East and Africa Intelligent Transportation Systems Market, by Country, 2016 - 2026 (USD Million)
      • 4.7.2. The Middle-East and Africa Intelligent Transportation Systems Market, by Type, 2016 – 2026
        • 4.7.2.1. The Middle-East and Africa Intelligent Transportation Systems Market, by Type, 2016 – 2026 (USD Million)
      • 4.7.3. The Middle-East and Africa Intelligent Transportation Systems Market, by Application, 2016 – 2026
        • 4.7.3.1. The Middle-East and Africa Intelligent Transportation Systems Market, by Application, 2016 – 2026 (USD Million)
      • 4.7.4. GCC Countries
        • 4.7.4.1. GCC Countries Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.7.5. South Africa
        • 4.7.5.1. South Africa Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
      • 4.7.6. Rest of Middle-East Africa
        • 4.7.6.1. Rest of Middle-East Africa Intelligent Transportation Systems Market, 2016 – 2026 (USD Million)
  • Chapter 5 Intelligent Transportation Systems Market – Competitive Landscape
    • 5.1. Competitor Market Share – Revenue
    • 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    • 5.3. Strategic Developments
      • 5.3.1. Acquisitions and Mergers
      • 5.3.2. New Products
      • 5.3.3. Research & Development Activities
  • Chapter 6 Company Profiles
    • 6.1. Kapsch TrafficCom
      • 6.1.1. Company Overview
      • 6.1.2. Product/Service Portfulio
      • 6.1.3. Kapsch TrafficCom Sales, Revenue, and Gross Margin
      • 6.1.4. Kapsch TrafficCom Revenue and Growth Rate
      • 6.1.5. Kapsch TrafficCom Market Share
      • 6.1.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.2. Thales Group
      • 6.2.1. Company Overview
      • 6.2.2. Product/Service Portfulio
      • 6.2.3. Thales Group Sales, Revenue, and Gross Margin
      • 6.2.4. Thales Group Revenue and Growth Rate
      • 6.2.5. Thales Group Market Share
      • 6.2.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.3. Siemens
      • 6.3.1. Company Overview
      • 6.3.2. Product/Service Portfulio
      • 6.3.3. Siemens Sales, Revenue, and Gross Margin
      • 6.3.4. Siemens Revenue and Growth Rate
      • 6.3.5. Siemens Market Share
      • 6.3.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.4. Q-Free ASA
      • 6.4.1. Company Overview
      • 6.4.2. Product/Service Portfulio
      • 6.4.3. Q-Free ASA Sales, Revenue, and Gross Margin
      • 6.4.4. Q-Free ASA Revenue and Growth Rate
      • 6.4.5. Q-Free ASA Market Share
      • 6.4.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.5. Cubic Corporation
      • 6.5.1. Company Overview
      • 6.5.2. Product/Service Portfulio
      • 6.5.3. Cubic Corporation Sales, Revenue, and Gross Margin
      • 6.5.4. Cubic Corporation Revenue and Growth Rate
      • 6.5.5. Cubic Corporation Market Share
      • 6.5.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.6. Garmin
      • 6.6.1. Company Overview
      • 6.6.2. Product/Service Portfulio
      • 6.6.3. Garmin Sales, Revenue, and Gross Margin
      • 6.6.4. Garmin Revenue and Growth Rate
      • 6.6.5. Garmin Market Share
      • 6.6.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.7. Denso Corporation
      • 6.7.1. Company Overview
      • 6.7.2. Product/Service Portfulio
      • 6.7.3. Denso Corporation Sales, Revenue, and Gross Margin
      • 6.7.4. Denso Corporation Revenue and Growth Rate
      • 6.7.5. Denso Corporation Market Share
      • 6.7.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.8. EFKON GmbH
      • 6.8.1. Company Overview
      • 6.8.2. Product/Service Portfulio
      • 6.8.3. EFKON GmbH Sales, Revenue, and Gross Margin
      • 6.8.4. EFKON GmbH Revenue and Growth Rate
      • 6.8.5. EFKON GmbH Market Share
      • 6.8.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.9. FLIR Systems, Inc.
      • 6.9.1. Company Overview
      • 6.9.2. Product/Service Portfulio
      • 6.9.3. FLIR Systems, Inc. Sales, Revenue, and Gross Margin
      • 6.9.4. FLIR Systems, Inc. Revenue and Growth Rate
      • 6.9.5. FLIR Systems, Inc. Market Share
      • 6.9.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.10. Indra Sistemas
      • 6.10.1. Company Overview
      • 6.10.2. Product/Service Portfulio
      • 6.10.3. Indra Sistemas Sales, Revenue, and Gross Margin
      • 6.10.4. Indra Sistemas Revenue and Growth Rate
      • 6.10.5. Indra Sistemas Market Share
      • 6.10.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
    • 6.11. TomTom International BV
      • 6.11.1. Company Overview
      • 6.11.2. Product/Service Portfulio
      • 6.11.3. TomTom International BV Sales, Revenue, and Gross Margin
      • 6.11.4. TomTom International BV Revenue and Growth Rate
      • 6.11.5. TomTom International BV Market Share
      • 6.11.6. Recent Initiatives, Funding/VC Activities, and Technulogical Innovations
  • Chapter 7 Intelligent Transportation Systems — Industry Analysis
    • 7.1. Introduction and Taxonomy
    • 7.2. Intelligent Transportation Systems Market – Key Trends
      • 7.2.1. Market Drivers
      • 7.2.2. Market Restraints
      • 7.2.3. Market Opportunities
    • 7.3. Value Chain Analysis
    • 7.4. Key Mandates and Regulations
    • 7.5. Technulogy Roadmap and Timeline
    • 7.6. Intelligent Transportation Systems Market – Attractiveness Analysis
      • 7.6.1. By Type
      • 7.6.2. By Application
      • 7.6.3. By Region
  • Chapter 8 Report Conclusion & Key Insights
    • 8.1. Key Insights from Primary Interviews & Surveys Respondents
    • 8.2. Key Takeaways from Analysts, Consultants, and Industry Leaders
  • Chapter 9 Research Approach & Methodulogy
    • 9.1. Report Description
    • 9.2. Research Scope
    • 9.3. Research Methodulogy
      • 9.3.1. Secondary Research
      • 9.3.2. Primary Research
      • 9.3.3. Statistical Models
        • 9.3.3.1. Company Share Analysis Model
        • 9.3.3.2. Revenue Based Modeling
      • 9.3.4. Research Limitations

Inquiry For Buying

Intelligent Transportation System

Please fill out the form. We will contact you within 24 hours:
All fields required...

Request Sample

Intelligent Transportation System

Please fill out the form. We will contact you within 24 hours:
All fields required...

×

Avail PDF Sample Report

Thank you for contacting us.

Thank you for your interest in our research report.

We will be sending you the sample copy of the report shortly. Meanwhile, if you have any specific research requirement then please let us know. We will be glad to assist you in case you have any additional questions, so feel free to get in touch

Thank you


Warm regards,
Sales | Manager - International Business and partner Relations
Direct line: +1 347 535 0815
Market Research Store
E-mail: sales@MarketResearchStore.com | Web: www.MarketResearchStore.com