Global Intelligent Transport System Market – Industry Trends and Forecast to 2027

  • ICT
  • Upcoming Report
  • Oct 2020
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Intelligent Transport System Market, By Component (Hardware, Software and Services), System (Advanced Traffic Management System, Advanced Traveler Information System and others), Application (Fleet Management and Asset Monitoring System, Intelligent Traffic System, Collision Avoidance System and others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027

Intelligent Transport System Market Market Analysis and Insights : Global Intelligent Transport System Market

Intelligent transport system market is expected to grow at a CAGR of 8.63% in the forecast period of 2020 to 2027. Data Bridge Market Research report on intelligent transport system market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

The use of technologies in the identification, regulation, analysis and communication for ground transportation purposes to improve well-being, portability and expertise is known as the market for intelligent transport systems. ITS integrates a range of uses that provide data for easing blockage, enhancing movement administration, reducing ecological effects and increasing the benefits of transportation to business customers and individuals in general.

Public safety concerns is increasing rapidly, adopting eco-friendly automobile technology and developing smart cities globally are the factors driving the growth of the intelligent transport system market. Installation of ITS is expensive and infrastructure growth is slow are the factors restraining the intelligent transport system market. Growth in the public-private partnership acts as an opportunity. Achievement of interoperable and standard ITS architecture worldwide is one of the challenges faced by the intelligent transport system market.

This intelligent transport system market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research intelligent transport system market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Intelligent Transport System Market Scope and Market Size

Intelligent transport system market is segmented on the basis of component, system and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • Based on component, the intelligent transportation system market is segmented into hardware, software and services.
  • Based on system, the intelligent transportation system market is segmented into advanced traffic management system, advanced traveler information system, ITS-enable transportation pricing system, advanced public transportation system and commercial vehicle operation.
  • Based on application, the intelligent transportation system market is segmented into fleet management and asset monitoring system, intelligent traffic system, collision avoidance system, parking management system, passenger information system, ticketing management system, emergency vehicle notification system and automotive telematics system.

Intelligent Transport System Market Country Level Analysis

Intelligent transport system market is analysed and market size, volume information is provided by country, component, system and application as referenced above.

The countries covered in the market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America will dominate the intelligent transport system market because of the adoption of ITS for countering traffic congestion and boosting safety on roads is responsible for the growth of the ITS market in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Intelligent Transport System Market Share Analysis

Intelligent transport system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to intelligent transport system market.

The major players covered in the intelligent transport system market report are Thales Group, Siemens AG, Garmin Ltd., Kapsch Trafficcom, Tomtom International BV, Q-Free ASA, Denso Corporation, Efcon AG, Lanner Electronics, Savari Inc., Transcore Inc., Iteris Inc., Atkins Group, Ricardo Plc., 3M, Hitachi, Nuance Communications Incorporation, Telenav Inc. and Lanner Electronics Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Intelligent Transport System Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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