Press release
Why Intelligent Transportation System Market are Booming So Rapidly? Industry in-Depth Analysis with Growing Trends | Advantech, Denso, GMV, Hitachi Data Systems, Moxa Inc., Nuance Communications, TomTom, Thales, Xerox
Higher funding for projects related to smart city development will create extensive acceptance of smart transportation solutions with the purpose of regulating city traffic flow. These solutions will facilitate better user access to transportation systems and will also accelerate the advancement of smart infrastructure.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/178
The burgeoning prevalence of IoT is supporting the automation of several transport sectors including airways, railways, roadways and maritime to enhance the commute experience through improved controls and operations, efficient traffic and passenger information management.
Worsening road traffic conditions and the ensuing demand for innovations in traffic management are the key driving forces behind the intelligent transportation system market expansion. Emerging road accident cases across the globe are creating severe concerns for government authorities regarding road safety. The International Transport Forum's Road Safety Annual report in 2017, stated that there was a 6.3% increase in U.S road fatalities from 2010 to 2016.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Advantech
2. Denso
3. GMV
4. Hitachi Data Systems
5. Moxa Inc.
6. Nuance Communications
7. TomTom
8. Thales
9. Xerox
10. Trapeze Group
With regards to the roadways intelligent transportation systems landscape, ATMS (Advanced Traffic Management Systems) accounted for over 34% of the market share in 2018, owing to the rising demand for better traffic management in major urban localities. ATMS systems work by receiving real-time data from traffic sensors deployed along the roadways and help develop efficient tactics for traffic management. Furthermore, the adoption of ATMS across the world is significantly escalated by the development of adaptive solutions for traffic control.
The operations and collision avoidance segment is estimated to account for an appreciable 30% of the railways intelligent transportation system market share by 2025. The implementation of precursory safety measures can mitigate the threat of accidents caused due to various factors like signal jumping and over-speeding by train loco pilots, among others.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/178
Meanwhile, the information display system segment of the airways intelligent transportation system market is projected to account for over 20% of the market share in 2025. The rising complexity of airport environments, quick access to operational and flight-related data becomes paramount. Smart display systems help to store, analyze and relay relevant real-time flight information to passengers and airport authorities alike through vast implementation throughout the airports.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Why Intelligent Transportation System Market are Booming So Rapidly? Industry in-Depth Analysis with Growing Trends | Advantech, Denso, GMV, Hitachi Data Systems, Moxa Inc., Nuance Communications, TomTom, Thales, Xerox here
News-ID: 1972919 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Transport
Public Transport Market Is Booming Worldwide | Metropolitan Transportation Autho …
A New Research on the Global Public Transport Market was conducted across a variety of industries in various regions to produce more than 150 page reports. This study is a perfect blend of qualitative and quantifiable information highlighting key market developments, industry and competitors' challenges in gap analysis and new opportunities and may be trending in the Public Transport market. Some are part of the coverage and are the core…
Yacht Transport Market Booming Worldwide with Top Transport Industry Players lik …
Yacht transport is the shipping of a yacht to a destination instead of sailing or motoring it. Yacht transport is an alternative to the traditional passaging (sailing or motoring) to reach desired destinations around the globe. Transport when compared to passaging is cost effective, safer and improves availability.
New market research report helps analyze the Yacht Transport market on a global basis and also offers forecast and statistics in terms of…
Road Haulage Market SWOT Analysis by Key Players: Kindersly Transport, AM Cargo …
The business of transporting goods and service via roads is called road haulage. Haulage is the process of shifting goods from one place other either vertically or horizontally.
The road haulage market is expected to expand at a notable growth rate during the forecast period owing to the increase in demand for rapid, safe, and efficient ground transportation. Expansion of transportation and automotive industries has propelled the road haulage market. Increase…
Yacht Transport Market Top Transport Industry - United Yacht Transport, Peters a …
This report on worldwide Yacht Transport Market is a detailed research examine that allows offers solutions and pertinent questions with respect to the rising trends and boom possibilities on this specific enterprise. It facilitates discover each of the distinguished limitations to growth, apart from figuring out the tendencies inside diverse application segments of the global Market for Yacht Transport Collecting historical and latest statistics from diverse proper resources, and relying…
Queensland Transport Infrastructure Conference supports growing transport infras …
The 7th Annual Queensland Transport Infrastructure Conference was held last week at the Brisbane Convention & Exhibition Centre to an audience of more than 200 delegates.
The conference signifies the transport infrastructure sector’s growing commitment towards the sharing of knowledge and industry best practices on some of the state’s largest transport projects.
Featuring more than 20 key speakers from a range of industry professionals from within the transport infrastructure sector, Chief…
Easy Transport Software a winner at £500 for smaller transport companies
Easy Transport continues to be excellent value for a very comprehensive transport job management system for smaller companies.
This easy-to-use system, produced by MSA Software Systems Ltd at Rochdale is used by hundreds of companies. It is ideal for start up companies or companies with small fleets. The software can by used for any transport requirement including couriers, people moving, goods, serrvices etc. Recent enhancements include displaying routes.The system runs…
