Automotive Desk

Intelligent Transport System (ITS) Market Insights, Forecast to 2020 Analysis by Application, Size, Production, Market Share, Consumption, Trends and Forecast 2027

Pressemeddelelse   •   Mar 11, 2020 19:41 CET

The main objective of this report is to define, describe, and forecast the global Intelligent Transport System (ITS) market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes the competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in Intelligent Transport System (ITS) market.

Download Free Sample Copy, Click Here@ https://www.visionresearchreports.com/report/sampl...

The global intelligent transportation system market size is expected to reach US$ 70.1 Bn by 2027, expanding at a CAGR of above 12.9% during the forecast period 2020 to 2027.

The global intelligent transportation system market is likely to be driven by the need to adopt smarter transport modes that are safer, user friendly, and more coordinated. The intelligent transportation system employs communication technology and captured information in transportation in order to improve efficiency, safety, and reduce traffic issues. The intelligent transportation system can boost the adoption of public transport by making it more effective, tackle traffic congestion issue, and shorten the travel duration, which in turn is likely to reduce vehicle emissions. Implementation of intelligent transportation system enables operators to obtain real-time details, which help them to manage fleets and update operations and schedules.

Key Drivers and Restraints

  • Wireless technologies employed in the intelligent transportation system are evolving consistently to improve the interoperability and reliability of transportation networks. Wireless communication technologies are improving regularly to boost the application of intelligent transportation system, irrespective of the distance traveled by the vehicle.
  • Demand for intelligent transportation system is increasing due to a rise in the number of vehicles on roads, which are facing increasing issues such as heavy traffic and accidents. Consequently, governments of various countries are adopting the intelligent transportation system to reduce the impact of such problems. These are the key factors driving the intelligent transportation system market.
    Wireless communication technologies are used for diverse applications in the intelligent transportation system including electronic toll charging (ETC), vehicle navigation systems, and other advanced traveler information systems.
  • A new technology introduced was the 5.9 MHz DSRC system, which can be used to improve the performance and efficiency of toll systems on highways. Europe has incorporated the ETC technology on its highways.
  • Standardization and continuous development of the DSRC technology are expected to increase its applications in the field of V2X communication systems to reduce accidents and improve road safety

The Intelligent Transport System (ITS) market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Intelligent Transport System (ITS) market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Intelligent Transport System (ITS) market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Intelligent Transport System (ITS) market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Intelligent Transport System (ITS) market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Intelligent Transport System (ITS) capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Intelligent Transport System (ITS) by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Intelligent Transport System (ITS) market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Intelligent Transport System (ITS) market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Intelligent Transport System (ITS) market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Intelligent Transport System (ITS) industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Intelligent Transport System (ITS) 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, global presence, production sites and facilities, production capacities, 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 (ITS) market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Intelligent Transport System (ITS) market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Intelligent Transport System (ITS) market. These factors have benefited the growth of the global market for Intelligent Transport System (ITS). Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Intelligent Transport System (ITS). The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

Prominent players operating in the global intelligent transportation system market include Siemens AG, WS Atkins PLC, Hitachi Ltd, EFKON AG, Iteris, Inc., Nuance Communications Incorporation Garmin International Inc., TomTom NV, Telenav, Inc., and Thales Group.

Segmentation

  • By System
    • Advanced Traveler Information Systems (ATIS)
    • Advanced Transportation Management Systems (ATMS)
    • Advanced Transportation Pricing System (APTS)
    • Advanced Public Transportation System (APTS)
    • Cooperative Vehicle Systems (CVO)
    • Automatic Number Plate Recognition Systems (ANPR)
  • By Application
    • Traffic Management
    • Road Safety & Surveillance
    • Freight Management
    • Road User Charging
    • Parking Management
    • Automotive Telematics
    • Parking Management
    • Automated Vehicles
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K.
      • Italy
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • India
      • Rest of Asia Pacific
    • Middle East & Africa
      • U.A.E
      • South Africa
      • Rest of Middle East & Africa
    • Latin America
      • Brazil
      • Rest of Latin America

In this study, the years considered to estimate the market size of Intelligent Transport System (ITS) are as follows:

  • History Year: 2016-2019
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Quick Buy This Premium Report From Here: https://www.visionresearchreports.com/report/cart/34479

Table of Content

1. Preface

1.1. Report Description

1.2. Market Segmentation

1.3. Report Scope and Definition

2. Assumptions and Research Methodology

3. Executive Summary : Global Intelligent Transportation System Market

3.1. Global Intelligent Transportation System Market Value (US$ Bn), 2016-2027

4. Market Overview

4.1. Market Taxonomy

4.2. Introduction

4.3. Intelligent Transportation System (ITS) Architecture

4.4. Market Dynamics

4.4.1. Drivers

4.4.2. Restraints

4.4.3. Opportunity

4.4.4. Key Trend Analysis

4.5. Porter’s Five Force Analysis

4.6. Value Chain Analysis

4.6.1. List of Key Manufacturers

4.6.2. List of Customers

4.6.3. Level of Integration

4.7. Statutory and Regulatory Requirements

4.8. SWOT Analysis

5. Global Intelligent Transportation System Market Size & Y-o-Y Growth Analysis

6. Global Intelligent Transportation System Market Analysis and Forecast, by Type

6.1. Introduction & Definition

6.2. Market Growth & Y-O-Y projection

6.3. Global Intelligent Transportation System Market Value (US$ Bn) Forecast, by Product, 2016-2027

6.3.1. ATIS

6.3.2. ATMS

6.3.3. ATPS

6.3.4. APTS

6.3.5. Cooperative Vehicle Systems

6.3.6. ANPR

7. Global Intelligent Transportation System Market Analysis and Forecast, by Application

7.1. Introduction & Definition

7.2. Global Intelligent Transportation System Market Value (US$ Bn) Forecast, by Application, 2016-2027

7.2.1. Traffic Management

7.2.2. Road Safety & Surveillance

7.2.3. Freight Management

7.2.4. Public Transport

7.2.5. Environmental Protection

7.2.6. Automotive Telematics

7.2.7. Parking Management

7.2.8. Road User Charging

7.2.9. Automated Vehicles

8. Global Intelligent Transportation System Market Analysis and Forecast, by Region

8.1. Global Intelligent Transportation System Market Value (US$ Bn) Forecast, by Region, 2016-2027

8.1.1. North America

8.1.2. Latin America

8.1.3. Europe

8.1.4. Asia Pacific

8.1.5. Middle East & Africa

9. North America Intelligent Transportation System Market Value (US$ Bn) Forecast, 2016-2027

9.1. Key Trend Analysis

9.2. North America Intelligent Transportation System Market Value (US$ Bn) Forecast, by Product

9.2.1. ATIS

9.2.2. ATMS

9.2.3. ATPS

9.2.4. APTS

9.2.5. Cooperative Vehicle Systems

9.2.6. ANPR

9.3. North America Intelligent Transportation System Market Value (US$ Bn) Forecast, by Application

9.3.1. Traffic Management

9.3.2. Road Safety & Surveillance

9.3.3. Freight Management

9.3.4. Public Transport

9.3.5. Environmental Protection

9.3.6. Automotive Telematics

9.3.7. Parking Management

9.3.8. Road User Charging

9.3.9. Automated Vehicles

9.4. North America Intelligent Transportation System Market Value (US$ Bn) Forecast, by Country

9.4.1. U.S.

9.4.2. Canada

9.4.3. Mexico

9.5. North America Intelligent Transportation System Market Attractiveness, by Type

9.6. North America Intelligent Transportation System Market Attractiveness, by Application

9.7. North America Intelligent Transportation System Market Attractiveness, by Region

9.8. North America Intelligent Transportation System Market: PEST Analysis

10. Latin America Intelligent Transportation System Market Value (US$ Bn) Forecast, 2016-2027

10.1. Key Trend Analysis

10.2. Latin America Intelligent Transportation System Market Value (US$ Bn) Forecast, by Product

10.2.1. ATIS

10.2.2. ATMS

10.2.3. ATPS

10.2.4. APTS

10.2.5. Cooperative Vehicle Systems

10.2.6. ANPR

10.3. Latin America Intelligent Transportation System Market Value (US$ Bn) Forecast, by Application

10.3.1. Traffic Management

10.3.2. Road Safety & Surveillance

10.3.3. Freight Management

10.3.4. Public Transport

10.3.5. Environmental Protection

10.3.6. Automotive Telematics

10.3.7. Parking Management

10.3.8. Road User Charging

10.3.9. Automated Vehicles

10.4. Latin America Intelligent Transportation System Market Value (US$ Bn) Forecast, by Country and Sub-region

10.4.1. Brazil

10.4.2. Rest of Latin America

10.5. Latin America Intelligent Transportation System Market Attractiveness, by Type

10.6. Latin America Intelligent Transportation System Market Attractiveness, by Application

10.7. Latin America Intelligent Transportation System Market Attractiveness, by Country and Sub-Region

10.8. Latin America Intelligent Transportation System Market: PEST Analysis

11. Europe Intelligent Transportation System Market Value (US$ Bn) Forecast, 2016-2027

11.1. Key Trend Analysis

11.2. Europe Intelligent Transportation System Market Value (US$ Bn) Forecast, by Product

11.2.1. ATIS

11.2.2. ATMS

11.2.3. ATPS

11.2.4. APTS

11.2.5. Cooperative Vehicle Systems

11.2.6. ANPR

11.3. Europe Intelligent Transportation System Market Value (US$ Bn) Forecast, by Application

11.3.1. Traffic Management

11.3.2. Road Safety & Surveillance

11.3.3. Freight Management

11.3.4. Public Transport

11.3.5. Environmental Protection

11.3.6. Automotive Telematics

11.3.7. Parking Management

11.3.8. Road User Charging

11.3.9. Automated Vehicles

11.4. Europe Intelligent Transportation System Market Value (US$ Bn) Forecast, by Country and Sub-region

11.4.1. Germany

11.4.2. U.K.

11.4.3. France

11.4.4. Italy

11.4.5. Rest of Europe

11.5. Europe Intelligent Transportation System Market Attractiveness, by Type

11.6. Europe Intelligent Transportation System Market Attractiveness, by Application

11.7. Europe Intelligent Transportation System Market Attractiveness, by Country and Sub-Region

11.8. Europe Intelligent Transportation System Market: PEST Analysis

12. Asia Pacific Intelligent Transportation System Market Value (US$ Bn) Forecast, 2016-2027

12.1. Key Trend Analysis

12.2. Asia Pacific Intelligent Transportation System Market Value (US$ Bn) Forecast, by Type

12.2.1. ATIS

12.2.2. ATMS

12.2.3. ATPS

12.2.4. APTS

12.2.5. Cooperative Vehicle Systems

12.2.6. ANPR

12.3. Asia Pacific Intelligent Transportation System Market Value (US$ Bn) Forecast, by Application

12.3.1. Traffic Management

12.3.2. Road Safety & Surveillance

12.3.3. Freight Management

12.3.4. Public Transport

12.3.5. Environmental Protection

12.3.6. Automotive Telematics

12.3.7. Parking Management

12.3.8. Road User Charging

12.3.9. Automated Vehicles

12.4. Asia Pacific Intelligent Transportation System Market Value (US$ Bn) Forecast, by Country and Sub-region

12.4.1. China

12.4.2. India

12.4.3. Japan

12.4.4. ASEAN

12.4.5. Rest of Asia Pacific

12.5. Asia Pacific Intelligent Transportation System Market Attractiveness, by Type

12.6. Asia Pacific Intelligent Transportation System Market Attractiveness, by Application

12.7. Asia Pacific Intelligent Transportation System Market Attractiveness, by Country and Sub-Region

12.8. Asia Pacific Intelligent Transportation System Market: PEST Analysis

13. Middle East & Africa Intelligent Transportation System Market Value (US$ Bn) Forecast, 2016-2027

13.1. Key Trend Analysis

13.2. Middle East & Africa Intelligent Transportation System Market Value (US$ Bn) Forecast, by Product

13.2.1. ATIS

13.2.2. ATMS

13.2.3. ATPS

13.2.4. APTS

13.2.5. Cooperative Vehicle Systems

13.2.6. ANPR

13.3. Middle East & Africa Intelligent Transportation System Market Value (US$ Bn) Forecast, by Application

13.3.1. Traffic Management

13.3.2. Road Safety & Surveillance

13.3.3. Freight Management

13.3.4. Public Transport

13.3.5. Environmental Protection

13.3.6. Automotive Telematics

13.3.7. Parking Management

13.3.8. Road User Charging

13.3.9. Automated Vehicles

13.4. Middle East & Africa Intelligent Transportation System Market Value (US$ Bn) Forecast, by Country and Sub-region

13.4.1. UAE

13.4.2. South Africa

13.4.3. Rest of Middle East & Africa

13.5. Middle East & Africa Intelligent Transportation System Market Attractiveness, by Type

13.6. Middle East & Africa Intelligent Transportation System Market Attractiveness, by Application

13.7. Middle East & Africa Intelligent Transportation System Market Attractiveness, by Country and Sub-region

13.8. Middle East & Africa Intelligent Transportation System Market: PEST Analysis

14. Competition Landscape

14.1. Key Market Players (Details – Overview, Overall Revenue, Recent Developments, Strategy)

14.2. Market Share Analysis By Company (2018)

14.3. Market Player – Competition Matrix (By Tier and Size of companies)

14.4. Company Footprint

14.4.1. Siemens AG

14.4.2. Hitachi Ltd

14.4.3. WS Atkins PLC

14.4.4. Nuance Communications Incorporation

14.4.5. EFKON AG

14.4.6. Garmin International Inc.

14.4.7. Iteris, Inc.

14.4.8. Telenav, Inc.

14.4.9. Thales Group

14.4.10. TomTom NV

Request to Buy this Premium Report from here@ https://www.visionresearchreports.com/report/cart/34479

About Us

Vision Research Reports is unquestionably an expert in providing research reports on a diverse number of subjects including Alternative and Green Energy, Chemical, Energy, Glass, Machinery, Manufacturing, and Pharmaceuticals and Materials. We cater to distinguished MNCs, private equity firms, SMEs and Chinese companies pertaining to their market research data requirements.

We offer generic and amalgamated studies as well as customized studies to our clients based on their specific requirements. Our modus operandi constitutes of detailed and meticulous market surveys, company profiling, competitive landscaping and primary interviews. Our prudent insights have been vital in the inception of many investment programs, new project development programs, startups and technology breakthroughs.

Contact Us

Kevin Roy

Website:- https://www.visionresearchreports.com

E:- sales@visionresearchreports.com

Follow Us:- https://www.linkedin.com/company/vision-research-reports