+12% CAGR Growth To Be Achieved By Intelligent Transportation System Market Through 2023 Report Studied Focusing On Top Companies Like Q-Free, Hitachi, Thales Group, Xerox Corp., Siemens, Lanner Electronics, Denso Corporation, Garmin, EFKON AG

transportation formulates a significant chunk of daily activities that one had to perform, either for business or pleasure. Additionally, the goods that one uses to perform common tasks do not reach them without going through the transportation sector, right from the place of manufacture to their homes. With apparent importance of the transportation sector, the connected vendors are forever aspiring for intelligent systems that can increase their efficiencies, increase employee safety, enables tracking, and highlights voids that can be filled for greater profits. The concept of intelligent transportation systems has proven its worth in traffic management, public transport, road safety and surveillance, and a number of other applications.

“Research N Reports Analyst Predicts The Intelligent Transportation System Market Expected To Grow at a CAGR of +12% During Forecast Period.”

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Top Key Players Profiled in the report are:
Transcore, Q-Free, Thales Group, Xerox Corporation, Kapsch Trafficcom, EFKON AG, Hitachi, Siemens, Lanner Electronics, Denso Corporation, Garmin, EFKON AG, TOMtom International BV, Savari, Nuance Communications

The development of smart vehicles is one of the major trends shaping the global intelligent transportation system market. This smart car uses state-of-the-art infrastructure and state-of-the-art technology to operate on intelligently controlled roads. However, to work with this technology smart cars must have intelligent transportation systems. This trend is expected to accelerate the growth of the global ITS market.

This system not only provides new infrastructure opportunities but also gives you the opportunity to rework older infrastructure. For example, in April 2017, the Ministry for Transporting Germany announced that about 70% of its transport investments would be used for innovation and improvement projects, compared with 56% of previous transport strategies.

Another recent trend in this market relates to major companies operating in the global market for intelligent transportation systems that are joining the 5G Automotive Association to expand product innovation. Technological advances will increase demand for better transportation infrastructure. This allows you to use tourist information systems, lamp meters, electronic bill collection, traffic signal adjustments and a red-light camera. Governments around the world are taking initiative to focus on state-of-the-art technology research related to advanced products such as vehicle special networks. This major trend is poised to foster growth in the global market for intelligent transportation systems.

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This report provides detailed market analysis and forecasts for a variety of applications related to the ITS market, such as traffic management, public transport, road safety and security, bill collection, parking management, cargo management, tunnel management and safety and environmental monitoring.

Emphasizing key momentum and deterrence in this market, this report provides a detailed study of the various applications of ITS used in railroads, including railway crossing management, cargo services, cost control, passenger services and infotainment. The global ITS market for aircraft is divided into applications such as air traffic management, security and surveillance, shuttle bus tracking, traveler information, smart ticketing and emergency notification. The report also integrates the ITS market for marine, breakdown due to applied vessel traffic management, cargo arrivals and departures, real-time weather information and emergency notifications. The report examines the role of key market players included in the enterprise.

Table of Contents
Global Intelligent Transportation System Market Research Report.
Chapter 1 Intelligent Transportation System Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…

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