Press release
Global Smart Transportation Market Anticipated To Grow With a Healthy Growth Rate of More Than 22.23% By 2025 To Reach USD 343.77 Billion | Analysis And Forecast by Top Key Players Kapsch, Accenture PLC., Cisco System, Inc., IBM Corporation.
Smart Transportation
Global Smart Transportation Market to reach USD 343.77 billion by 2025.
Global Smart Transportation Market valued approximately USD 56.45 billion in 2016 is anticipated to grow with a healthy growth rate of more than 22.23% over the forecast period 2018-2025. The major factors expected to augment the market are increasing governmental focus on building smart cities, escalating requirements for safety & security for the improvement of public safety, increasing number of smart cities and rising adoption of IoT. Smart transportation, a prime internet of things (IoT) vertical application, refers to the combined use of modern technologies and management strategies in transportation systems. These technologies intend to provide innovative services relating to diverse modes of transport & traffic management and facilitate users to be better informed and make safer and smarter use of transport networks.
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By Solutions:
• Traffic Management
• Passenger Information Parking
• Integrated Supervision
• Ticketing Management
• Others
By Services:
• Cloud Services
• Professional Services
• Business Services
By Regions:
• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the World
Furthermore, years considered for the study are as follows:
• Historical year 2015, 2016
• Base year 2017
• Forecast period 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Kapsch, Accenture PLC., Cisco System, Inc., IBM Corporation, Indra Sistema S.A., Alstom, SA., LG CNS Corporation, Xerox Corporation, General Electric Company, Cubic Corporation, and so on. New product launches and continuous technological innovations are also few of the key strategies adopted by the major players. Acquisitions & effective mergers are some of the strategies adopted by the key manufacturers.
Target Audience of the Smart Transportation Market Study:
Key Consulting Companies & Advisors
• Large, medium-sized, and small enterprises
• Venture capitalists
• Value-Added Resellers (VARs)
• Third-party knowledge providers
• Investment bankers
• Investors
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Chapter 1.Global Smart materials Market Definition and Scope
1.1.Research Objective
1.2.Market Definition
1.3.Scope of The Study
1.4.Years Considered for The Study
1.5.Currency Conversion Rates
1.6.Report Limitation
Chapter 2.Research Methodology
2.1.Research Process
2.1.1.Data Mining
2.1.2.Analysis
2.1.3.Market Estimation
2.1.4.Validation
2.1.5.Publishing
2.2.Research Assumption
Chapter 3.Executive Summary
3.1.Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2.Key Trends
Chapter 4.Global Smart materials Market Dynamics
4.1.Growth Prospects
4.1.1.Drivers
4.1.2.Restraints
4.1.3.Opportunities
4.2.Industry Analysis
4.2.1.Porters 5 Force Model
4.2.2.PEST Analysis
4.2.3.Value Chain Analysis
4.3.Analyst Recommendation & Conclusion
Chapter 5.Global Smart materials Market, By Products
5.1.Market Snapshot
5.2.Market Performance - Potential Model
5.3.Global Smart materials Market, Sub Segment Analysis
5.3.1.Piezoelectric
5.3.1.1.Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2.Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.Shape memory alloys
5.3.2.1.Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.2.Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.3.Electrostrictive
5.3.3.1.Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.3.2.Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.4.Magnetostrictive
5.3.4.1.Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.4.2.Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.5.Electrochromic
5.3.5.1.Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.5.2.Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 6.Global Smart materials Market, By Application
6.1.Market Snapshot
6.2.Market Performance - Potential Model
6.3.Global Smart materials Market, Sub Segment Analysis
6.3.1.Actuators & motors
6.3.1.1.Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.1.2.Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.2.Transducers
6.3.2.1.Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.2.2.Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.3.Sensors
6.3.3.1.Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.3.2.Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.4.Structural materials
6.3.4.1.Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.4.2.Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
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