Press release
Intelligent Transportation System (ITS) Market 2020 Future Growth Outlook : Siemens AG, Kapsch TrafficCom, and Hitachi Ltd., Denso Corporation, Efkon Ag, Garmin International, and Lanner Electronics
Looking out to 2020, it's expected to be a big year for Global Intelligent Transportation System (ITS) Market in terms of growth. As more companies move some or all of their applications, emerging players are poised to benefit.Some of the players from the overall coverage being profiled in Intelligent Transportation System (ITS) Market report are Siemens AG, Kapsch TrafficCom, and Hitachi Ltd., Denso Corporation, Efkon Ag, Garmin International, and Lanner Electronics, Xerox Corporation, WS Atkins PLC, TransCore, LP, TomTom NV, Thales Group, Telenav, Siemens AG, Sensys Networks Incorporation, Ricardo PLC, Q-Free ASA, Nuance Communications, Inc., Lanner Electronics, ., Kapsch TrafficCom AG, Garmin International, Iteris, and others.
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Intelligent Transportation System (ITS) Market is expected to grow globally with an estimated CAGR of 7.40% to reach USD 51.41 billion by 2028.
The factors such as increasing concerns related to public safety, growing traffic congestion problem, and increasing favorable initiatives taken by the government for effective traffic management have proved to be the major driving forces for ITS market. The need for presenting real-time traffic information to drivers and passengers is one of the key factors driving the demand for ITS.
The Intelligent Transportation System (ITS) Market is segmented based on Type
o Advanced Traveler Information Systems (ATIS)
o Advanced Transportation Management Systems (ATMS)
o Advanced Transportation Pricing Systems (APTS)
o Advanced Public Transportation Systems (APTS)
o Cooperative Vehicle Systems (CVO)
o Advanced Rural Transportation System (ARTS)
o Automatic Number Plate Recognition Systems (ANPR)
The Intelligent Transportation System (ITS) Market is segmented based on Protocol
o Short Range
o Long Range
o IEEE 1512
o Traffic Management Data Dictionary (TMDD)
o Others
The Intelligent Transportation System (ITS) Market is segmented based on Offering
o Hardware
o Software
o Visualization Software
o Video Detection Management Software
o Transit Management System
o Others
o Services
o Business and Cloud Services
o Support and Maintenance Services
The Intelligent Transportation System (ITS) Market is segmented based on Application
o Traffic Management
o Road Safety & Surveillance
o Freight Management
o Public Transport
o Environment Protection
o Automotive Telematics
o Parking Management
o Road Tolling System
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Some of the Major Highlights of TOC covers: Intelligent Transportation System (ITS) Market
Chapter 1: Intelligent Transportation System (ITS) Market Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2: Intelligent Transportation System (ITS) Market Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3: Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Chapter 4: Intelligent Transportation System (ITS) Market, By Region
Chapter 5: Intelligent Transportation System (ITS) Market Company Profile
Intelligent Transportation System (ITS) Market Business Overview
Financial Data
Product Landscape
Strategic Outlook
SWOT Analysis
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Contact:
Mr. A Naidu
Research for Markets
Tel: +44 8000-4182-37 (UK)
Email: alan.naidu@researchformarkets.com
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
About Research for Markets:
Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.
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