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Intelligent Transportation Systems (ITS) Market Set to Witness Huge Growth by 2026 - Prominent Key Players: Siemens, Hitachi Data Systems, Nuance Communications, Garmin, Iteris, Inc., Thales

04-07-2020 02:06 PM CET | Logistics & Transport

Press release from: A2Z Market Research

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Intelligent Transportation Systems (ITS) Market Set to Witness

Intelligent transportation system (ITS) is majorly preferred for traffic management. Therefore, the traffic management segment held a major share of the market, as it presently has higher penetration. It accounted for 30.80% share of the market in 2018; however, the other segments are expected to challenge this segment during the forecast period.

The major factors that are expected to be driving the market are increasing concerns related to public safety, growing traffic congestion problem, and increasing favorable initiatives taken by the government for effective traffic management. The objective of the report is to define, describe, and forecast the ITS market size based on offering, system, application, and region.

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Top companies covered in this Report:
Siemens AG, Hitachi, WS Atkins PLC, Nuance Communications, EFKON AG, Garmin International Inc, Iteris, Telenav, Thales Group, TomTom NV

The key questions answered in this report:
1. What will be the Market Size and Growth Rate in the forecast year?
2. What are the Key Factors driving Intelligent Transportation Systems (ITS) Market?
3. What are the Risks and Challenges in front of the market?
4. Who are the Key Vendors in Intelligent Transportation Systems (ITS) Market?
5. What are the Trending Factors influencing the market shares?
6. What are the Key Outcomes of Porter's five forces model?
7. Which are the Global Opportunities for Expanding the Intelligent Transportation Systems (ITS) Market?

Various factors are responsible for the market's growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Intelligent Transportation Systems (ITS) market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Intelligent Transportation Systems (ITS) market's trajectory between forecast periods.

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Global Intelligent Transportation Systems (ITS) Market report provide insights on following points:
o Market definition of the global Intelligent Transportation Systems (ITS) market along with the analysis of different influencing factors like drivers, restraints, and opportunities.
o Extensive research on the competitive landscape of global Intelligent Transportation Systems (ITS) Market
o Identification and analysis of micro and macro factors that are and will effect on the growth of the market.
o A comprehensive list of key market players operating in the global Intelligent Transportation Systems (ITS) market.
o Analysis of the different market segments such as type, size, applications, and end-users.
o It offers a descriptive analysis of demand-supply chaining in the global Intelligent Transportation Systems (ITS) market.
o Statistical analysis of some significant economics facts
o Figures, charts, graphs, pictures to describe the market clearly.

Table of Contents
Global Intelligent Transportation Systems (ITS) Market Research Report
Chapter 1 Intelligent Transportation Systems (ITS) Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Intelligent Transportation Systems (ITS) Market Forecast

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