|02-13-2019 10:26 PM CET - Logistics & Transport||
Comprehensive Report on Smart Transportation Systems Market by top leading key players like Addco, Affiliated Computer Services, Agero, Denso Corporation, Efkon AG, Garmin, Kapsch Trafficcom, Lanner Electronics
Press release from: The Insight Partners
Smart transportation system is advanced applications of information, communication technologies and management strategies in order to provide highly efficient services related transportation and traffic management. Besides this, smart transportation systems offers improved operational efficiency, enhancing road safety, and less traffic congestion. Smart transportation system has broadly application in parking availability system, traffic enforcement camera, collision avoidance system and so on.
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To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Smart Transportation Systems Market
To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
The report aims to provide an overview of global smart transportation systems market with detailed market segmentation by component, system, application and geography. The global smart transportation systems market is expected to witness high growth during the forecast period. Increase in number of vehicles and traffic congestion is driving the smart transportation systems market.
Key Players- Addco LLC, Affiliated Computer Services, Inc., Agero, Inc., Denso Corporation, Efkon AG, Garmin Ltd., Kapsch Trafficcom, Lanner Electronics, Inc., Tomtom International Bv and Thales Group.
As leading companies in Smart transportation systems market continues to broaden their addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world. Various companies in the value chain are acquiring other local players and operating through joint ventures with retailers in the market to maintain their position in market and provide efficient solutions to its customers.
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Smart transportation systems Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
Reasons to Buy the Report
• The report helps the market leaders and new entrants in the Smart transportation systems market in the following ways:
• The report segments the market into various subsegments; hence, it covers the market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and its subsegments.
• The report helps understand the overall growth of the market. It provides information on the key market drivers, restraints, challenges, and opportunities.
• The report helps better understand competitors and gain more insights to strengthen organizations’ position in the market. In addition to this, the report presents the positioning of the key players based on their product offerings and business strategies.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Company: The Insight Partners
Contact: Sameer Joshi
This release was published on openPR.
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