Increasing traffic and growing population in urban areas, and the rise in the adoption of smart cities are key factors contributing to the high growth of the Intelligent Transportation System.
The global Intelligent Transportation System (ITS) Market is expected to reach USD 48.17 Billion by 2027, according to a new report by Emergen Research. The increasing number of on-road vehicles and inefficient existing transport infrastructure will encourage the need for an intelligent transportation system. Actions by the government towards establishing a more reliable infrastructure and running the transport system easily are anticipated to grow the market globally.
Companies considered and profiled in this market study
Thales Group, Garmin, Siemens, Tomtom International BV, Flir Systems, Inc., Q-Free, Cisco Systems, Efkon GMBH, Indra Sistemas, S.A., and Denso Corporation, among others.
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The report offers a detailed research study of the Intelligent Transportation System market. It also takes into account the competitive landscape, market competition, segmentation, leading regions, regional growth, market size, and other factors crucial for the market in the forecast period. The study gives data pertaining to manufacturing processes, cost analysis, pricing structure, and other studies imperative for understanding the Intelligent Transportation System market.
Key highlights of the Intelligent Transportation System Report:
The report encompasses segmentation and market information break down, including key participants. If you are involved in the Global Intelligent Transportation System industry or aspire to be involved, this report is a must-have. The report makes an in-depth study on the market share, growth rate, market drivers, future trends, restraints, opportunities, and challenges.
- Mode of Transport Outlook (Revenue, USD Billion; 2017-2027)
- Systems Outlook (Revenue, USD Billion; 2017-2027)
- Advanced Traveler Information System
- Advanced Public Transportation System
- Advanced Traffic Management System
- ITS-Enabled Transportation Pricing System
- Commercial Vehicle Operation
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Intelligent Traffic Control
- Parking Management
- Fleet Management and Asset Monitoring
- Collision Avoidance
- Passenger Information Management
- Emergency Vehicle Notification
- Ticketing Management
- Automotive Telematics
Scope of the Report:
The study provides a detailed analysis of the Intelligent Transportation System market on a global as well regional scale and covers the assessment of the key geographies of the world with regards to the market size, market volume, revenue generation, production and consumption patterns, import/export, and supply and demand ratio. The leading geographies studied in the report include North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The regional analysis segment of the report includes the functioning of the key players in each region, regions, product type, end-users, and applications.
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Furthermore, the years considered for the study are as follows:
Historical year – 2016-2018
Base year – 2019
Forecast period – 2020 to 2027
The report objectives are:
- To evaluate Intelligent Transportation System status, future forecast, growth opportunity, key market, and key players.
- To present the Global Intelligent Transportation System development in the different regions of the world.
- To strategically study and segment the key players and comprehensively analyze their development plan and strategies.
- To define, describe, and forecast the market by product type, market, and key regions.
Key points discussed in the report for Global Intelligent Transportation System Market:
Chapter 1: Introduction, market driving force product, Objectives of the Study, and Research Scope of the Intelligent Transportation System market
Chapter 2: Exclusive Summary –vital information of the Intelligent Transportation System Market.
Chapter 3: Market Dynamics- Drivers, Trends, and Challenges of the Intelligent Transportation System Market
Chapter 4: Intelligent Transportation System Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Market segmentation by Type, End-User and Region 2016-2018
Chapter 6: Analysis of the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 7 & 8: Appendix, Methodology and Data Source…Continued
Finally, Intelligent Transportation System Market is a valuable source of guidance for individuals and companies.
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Data Sources & Methodology
The sources from where we obtain our data involve opinions of industry experts from the Global Intelligent Transportation System Market, including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All these sources were consulted to gather and authenticate subjective & quantitative data and determine the future predictions for this market.
In the elaborated primary research method undertaken for this report, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were utilized to attain qualitative and quantitative aspects of this research study. When it comes to secondary sources, we looked at the company’s annual reports, press releases, websites, investor presentations, conference call transcripts, webinars, journals, regulators, national customs, and industry associations.
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About Emergen Research
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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