Worldwide Intelligent Transportation System (ITS) Market Show Positive Long Term Growth with CAGR 6.91% by 2022

Crystal Market Research offer Research Report On “The global Intelligent Transportation System (ITS) market was worth USD 14.58 billion in the year 2012 and is expected to reach approximately USD 28.45 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 6.91% during the forecast

Intelligent Transportation System Industry Overview:
Intelligent Transportation System (ITS) is a blend of information technology and communication with transportation systems which builds the productivity of transport process and enhances traveler security. A proficient transportation system positively affects the low number of road mishaps, decrease in debilitate discharges and less travel time. Systems as such give comfort to explorers in the case of driving a vehicle independently or utilizing open transport

Prominent Players: The leading players in the market are Q-Free, Iteris Inc, Garmin International Inc, Kapsch TrafficCom AG, TomTom andThales Group. Item advancement alongside mergers and acquisitions are the key procedures adopted by industry players. For example, Agero Inc. reported an association with Cambridge Mobile Telematics to create accident management solutions on real-time basis.

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Intelligent Transportation System Industry Trends:
Contemporary transportation providers are seeking after flexible vehicle computing systems incorporating portable surveillance, monitoring and tracking to guarantee the security of their travelers and simplify implementation procedure. Nations, for example, India and France are concentrating on usage of these systems attributable to rising interest for enhanced traffic conditions and travel comfort for drivers and in addition pedestrians. The usage of data on real time basis to encourage better choices alongside the requirement for management of traffic focuses will empower clients to react productively, consequently expanding the interest for intelligent transportation systems. The business players are concentrating on improving the capacity and innovation of their items and administrations inferable from the existence of several competitors. For example, in July 2016, NXP Semiconductors N.V. and eSSys declared innovation organization in cutting edge Cooperative Intelligent Transportation System (C-ITS) venture proposed by Korean Ministry of Land, Infrastructure and Transport.

Market Classification
Intelligent Transportation System (ITS) Market, By Type, Estimates and Forecast, 2012-2022 ($Million)
ATIS
ATMS
ATPS
APTS
Cooperative vehicle system

Intelligent Transportation System (ITS) Market, By Application, Estimates and Forecast, 2012-2022 ($Million)
Traffic Management
Road Safety and Security
Freight Management
Public Transport
Environment Protection
Automotive Telematics
Parking Management
Road User Charging

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Growth Boosters of the Market:
In 2015 Environment protection portion was esteemed at USD 546.6 million. This section is relied upon to witness quickest development attributable to the requirement for decreasing fumes outflows. It is one of the key needs of intelligent transportation systems, which is focused through bringing down of carbon dioxide and greenhouse gases concentration in thickly populated territories through traffic management. In 2015 Movement administration represented more than 30.5 percent of the general profit. These resolutions are utilized to enhance road networks by diminishing the financial pressure on administrative experts as it diminishes investment required to uphold traffic blockage control.

Major TOC of %%% Market:
1. Introduction
1.1. Report Description
1.2. Research Methodology
…
2. Executive Summary
2.1. Key Highlights
…
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Need for Road Safety
3.2.1.2. Cost-Effectiveness
3.2.1.3. Performance Enhancement of Transportation System
3.2.2. Restraints
3.2.2.1. Need for Interoperability
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
…
4. Intelligent Transportation System (ITS) Market, By Type
4.1. Introduction
4.2. Intelligent Transportation System (ITS) Market Assessment and Forecast, By Type, 2012-2022
4.3. ATIS
4.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4. ATMS
4.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5. ATPS
...CONTINUED FOR TOC

List of Table:
Table 70.ADCCO LLC: Key Strategic Developments, 2015-2017
Table 71.Agero Inc.: Key Strategic Developments, 2015-2017
Table 72.DENSO Corporation: Key Strategic Developments, 2015-2017
Table 73.EFKON AG: Key Strategic Developments, 2015-2017
Table 74.Hitachi Ltd: Key Strategic Developments, 2015-2017
Table 75.Nuance Communications Inc.: Key Strategic Developments, 2015-2017
Table 76.Garmin International Inc.: Key Strategic Developments, 2015-2017
Table 77.Iteris Inc.: Key Strategic Developments, 2015-2017
Table 78.Kapsch TrafficCom AG: Key Strategic Developments, 2015-2017
Table 79.Lanner Electronics Inc.: Key Strategic Developments, 2015-2017
Continue…

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