Variable Message Signs for Intelligent Transportation System Market Analysis: Revenue, Types, Applications | Companies: Skyline Products Inc., Variable Message Signs Ltd., SWARCO AG, Shanghai Sansi Technology Co. Ltd, etc

The Global Variable Message Signs for Intelligent Transportation System Market is expected to reach US$ 20.5 million by 2023, expanding at a high CAGR by 2027.
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The intelligent information system is a technology that is used to manage transportation networks by providing information and communicating through technology used in vehicles and transport infrastructure. It makes use of communication systems such as Wi-Fi, radio, fiber optics, Bluetooth, and microwave systems, in order to sup
port state highway operations. The variable message signs are electronic signs that provide information about traffic congestion, travel times, speed limits, incidents, and road work to the travellers.

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Market Segmentation:
Following Top Key players are profiled in this Market Study:
Skyline Products Inc., Variable Message Signs Ltd., SWARCO AG, Shanghai Sansi Technology Co. Ltd., Kapsch TrafficCom AG, VIX Technology, Sigtec Pty Ltd., Denso, and others

By Applications: Active Urban Traffic Management, Freeways, Tunnels, Toll Facilities, Emergency (Hard Shoulder) management, Airport, Rails and Bus Passengers, Parking Guidance and Management

The key players in the variable message sign for intelligent transportation system in the market are Skyline Products Inc., Variable Message Signs Ltd., SWARCO AG, Shanghai Sansi Technology Co. Ltd., Kapsch TrafficCom AG, VIX Technology, Sigtec Pty Ltd., Denso, and others. Shanghai Sansi Technology, a Chinese company provides a wide range of LED displays, commercial displays and also variable message signs for highways and urban roads. SANSI variable message has acquired the majority market share in the China market, owing to the variety of product offerings for intelligent transport. This includes emergencies, construction, and road closure information displayed on LED screens that can withstand extreme weather conditions such as heat waves, rain, storms, and others.

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Regional Analysis:
North America
Europe
Asia Pacific
LATAM
Middle East Africa

APAC is the fastest growing region in Variable Message Signs for Intelligent Transportation System Market.
Asia Pacific is expected to be the fastest growing region in the Intelligent Transportation Systems market due to an increase in the deployment of ITS in countries such as India, China, and Australia. For instance, the Chinese government is focusing on the deployment of innovative transportations, with an emphasis on intelligent vehicles and intelligent transportation throughout the forecast period. The Middle East and Africa market is gaining attraction from various investors in the regions and thus can expect a healthy growth over the forecast period

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