Press release
Global Intelligent Transportation System Market is expected to thrive at impressive CAGR by 2022 & Top Key Players are Denso, EFKON, Kapsch Traffic Com and 3M
Market Dynamics
With more and more people migrating to the cities and urban areas, the importance of intelligent transportation is also gaining importance. It has become a must along with more infrastructures like highways, roads and public transport options. It has become paramount for governments around the world to not only reduce traffic snarls but also decrease accidents significantly. There is also a dire need for reducing emissions from vehicles to curb air pollution. Congestion on road can be managed by streamlining traffic. As the ITS can effectively solve all these problems, therefore the demand for such an application is expected to rise.
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Market Segmentation
The market for intelligent transportation software can be on the basis of the product such as Network management, Freight and commercial ITS, Public transport its, Security and crime reduction ITS, Automotive and infotainment telematics, Road safety systems and ITS communication. Geographically North America dominates the ITS market. However, the market can see slow growth rate due to saturation.
Key Players
The key players are 3M, Denso, EFKON, Kapsch Traffic Com and so on.
Report Contents Regional Analysis Report Highlights
Global Market segments
Global Market Drivers, Restraints and Opportunities
Global Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Global Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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Phone: +1 313 462 0609
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