Global Intelligent Transportation System (ITS) Market Is Expected To Grow with a Healthy CAGR During 2018-2025

Qyresearchreports include new market research report "Global Intelligent Transportation System (ITS) Market Size, Status and Forecast 2025" to its huge collection of research reports.

This report studies the global Intelligent Transportation System (ITS) market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Intelligent Transportation System (ITS) market by companies, region, type and end-use industry.

An intelligent transportation system (ITS) is an advanced application which, without embodying intelligence as such, aims to provide innovative services relating to different modes of transport and traffic management and enable users to be better informed and make safer, more coordinated, and 'smarter' use of transport networks.

On the basis of application, the intelligent traffic control application held the largest share in 2017. This involves a much closer interaction between all of its constituents: drivers, pedestrians, public transportation, and traffic management systems. Adaptive signal systems, driver advisory and route planning, and automated vehicles are some of the goals set up to increase the efficiency of actual systems.

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North America held the largest share of the global ITS market in 2017, while APAC is the most promising region for the ITS market, and the market in APAC is expected to witness the highest CAGR because of the increasing number of megacities and the growing population in developed and developing countries.

In 2017, the global Intelligent Transportation System (ITS) market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

This report focuses on the global top players, covered
Thales
Siemens
Garmin
Kapsch Trafficcom
Tomtom International
Cubic
Q-Free
Efkon
Flir Systems
Denso
Geotoll
...

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India

Market segment by Type, the product can be split into
Advanced Traffic Management System
Advanced Traveler Information System
ITS-Enabled Transportation Pricing System
Advanced Public Transportation System
Commercial Vehicle Operation

Market segment by Application, split into
Fleet Management and Asset Monitoring
Intelligent Traffic Control
Collision Avoidance
Parking Management
Passenger Information Management
Ticketing Management
Emergency Vehicle Notification
Automotive Telematics

Complete report with detailed table of content is available at: https://www.qyresearchreports.com/report/global-intelligent-transportation-system-its-market-size-status-and-forecast-2025.htm

The study objectives of this report are:
To study and forecast the market size of Intelligent Transportation System (ITS) in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global 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.

In this study, the years considered to estimate the market size of Intelligent Transportation System (ITS) are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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This release was published on openPR.