Intelligent Road System Market 2018 Key Country Analysis: Ricardo Plc, TomTom International BV, Siemen AG, WS Atkins PLC, Kapsch Trafficcom, Q-Free ASA, EFKON AG, Iteris, Lanner Electronics, Roper Technologies

Intelligent Road System Market Research Report 2018 - Global analysis by Key Companies, Application, Market Share, Growth Rate, and Key Country forecast to 2022. Intelligent Road System depth Market analysis is done for North America, Europe, APAC and Rest of the World Intelligent Road System Market growing at rapid pace over the forecast period of 2018 to 2022.

Key Players:

Some of the major players in Global Intelligent Road System Market include Ricardo Plc, TomTom International BV, Siemen AG, WS Atkins PLC, Kapsch Trafficcom, Q-Free ASA, EFKON AG, Iteris Inc., Lanner Electronics Inc., Roper Technologies Inc. and others.

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Market Highlights:

Modern transportation systems are complex and independent. The effective management of intelligent road systems requires better, faster, more comprehensive information about the current and future state of the system, and better management and control tools. Intelligent Road System helps to reduce the environmental impact of road travel by reducing congestion and crashes, improving driver performance, and helping to manage the
transportation system well. Increase in number of applicants in transportation operations has raised the complexity in logistic networks. Moreover, in the current scenario the demand of new form of transportation system is used to move data and information more efficiently among partners, increase freight visibility and also used to increase the interaction with logistic information. The advancement in technology from traditional transportation management system to intelligent road management system lead to improve the performance of transportation operators.

According to MRFR, the Intelligent Road System market is expected to reach $48.62 billion by 2022 growing at a CAGR of 11.62%.

Growing population and increasing vehicles have led to increased traffic congestion and need for effective traffic management. The advancement in technology from traditional transportation management system to intelligent road management system lead to improve the performance of transportation operators. These systems are also used in area that includes freight transportation, fleet management and control, placement of identification of freight and vehicle and city logistics. With the use of such systems the fluidity of truck traffic has been drastically increased and ensures a sufficient level of control and reporting.

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Market Research Analysis:

Intelligent Road System incorporates a broad range of wireless and traditional based information and electronics technologies. The increasing demand of intelligent road system shows and immense opportunity for wireless communication market that includes device and application. Various active close circuit cameras (CCTV) and sensors are utilized to provide real-time information, whereas GPS technology with different image processing techniques are used for navigation systems.

Intelligent Road Systems are used for the utilization of IT technology and services in the field of transportation. The technology like geometric is supporting in most of the intelligent road system services with navigation & mapping tools and GIS. It is an application in transportation industry that is widely been used across the globe.

Further, Regional analysis for Intelligent Road System market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region would account for larger share in Intelligent Road System market. Europe has emerged as the fastest growing market during forecast period 2016-2022.

Key Findings:

Intelligent Road System Market is expected to grow at compound annual growth rate of 11% from year 2016 to year 2022.

North America expected to dominate the market of intelligent road system throughout the forecast period.

By Type segment- computational technology is expected to be the fastest growing market with 13% CAGR in the global market.

By Application- Emergency Vehicle Notification System is expected to be the fastest growing market with 15% CAGR in the global market.

Segments:

Global Intelligent Road System Market can be segmented as follows:

Segmentation by Type: Wireless Communication, Computational Technologies, Floating Car Data/ Floating Cellular Data, Sensing Technologies and others.

Segmentation by Application: Emergency Vehicle Notification System, Automatic Road Enforcement, Variable Speed Limits, Collision Avoidance System among others.

Regional Analysis of Intelligent Road System Market:

By Region, North America has the leading market for intelligent road system and is expected to dominate the market over forecast period due to rising driver safety, reducing congestion and regulatory initiatives. Asia-pacific is the fastest growing region in intelligent road system market. China among all major developing economy is expected to grow at the highest CAGR of 15.54% over the forecast period.

Target Audience:

Intelligent transportation system providers
Network providers
Software providers
Navigation and GPS manufacturers
Research & consultancy
Government
Technology investors

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TABLE OF CONTENTS

Intelligent Road System Market Overview
Global Intelligent Road Systems Market Competition by Manufacturers Global Intelligent Road Systems Supply (Production), Consumption, Export, Import by Region
Global Intelligent Road Systems Production and Revenue (Value) by Types Global Intelligent Road Systems Market Analysis by Application
Global Intelligent Road Systems Manufacturers Profile / Analysis
Intelligent Road Systems Manufacturing Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/ Traders
Market Effect Factors Analysis

Research Finding and Conclusion :

The report for Intelligent Road System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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