Press release
Smart Transportation Market Share, Trends, Size, Research and Forecast 2020-2026
The global smart transportation market is projected to exhibit a significant growth, at a CAGR of around 9.8%, during the forecast period. The major factors responsible for the growth of the smart transportation market includes the growing research and development in the connected technology in transportation, offering a space for the newer trends in the smart transportation market. The growing urbanization and connected technology have been offering growth to the smart transportation market since past few years. Though, there are some new trends that are expected to be introduced in the smart transportation market in the near future.A full report of Smart Transportation Market is available at: https://www.omrglobal.com/industry-reports/smart-transportation-market
There are several factors that back up to the introduction of these new trends in the market, such as the partnership amongst the tech companies and businesses, introduction of smart city projects, which are therefore, contributing to the beginning of smart transportation across the globe. As, above all, the transportation plays a significant role in the development of smart cities. India and China are the two emerging economies that have an ongoing smart city projects as a vast level. Apart from these Asia-Pacific economies, several developed economies of the globe, such as the US, Germany, Japan will significantly adopt smart transportation technology in the near future. Therefore, the governments of these economies are trying their hands in the introduction of new trends in the smart transportation. Some of these trends are explained below-
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/smart-transportation-market
The introduction of connected trains may bolster the public transport facilities across the globe. This will create a more sustainable railway framework of the future. The integration of wireless connectivity in trains will offer dedicated trackside networks along with the cellular network that expects to work in conjunction with dedicated onboard equipment.
The wireless connectivity may transform the wasted time into ‘bonus’ time. This indicates that the flight commute leads to the wastage of time, sometimes almost a full working day or a ‘bonus day’. Therefore, with the smart transportation and connectivity, the travelers can get back to work and also spend their travelling time relatively more productively, whether its studying, working, or talking to your friends and family. Moreover, it will let consumers and organizations to adjust their working hours as per the time of the transportation.
Smart transportation market will have a better continuous connectivity for the rider, offering real-time CCTV monitoring, which will include behavior analysis and facial recognition. Moreover, the IoT-connected sensors can reduce the cost and optimize fleet usages, such as monitoring brakes, wheels, doors, and cooling system. At the time passenger service updates along with the other services will further reduce cost and enhance operations and services of the passengers.
Global Smart transportation Market-Segmentation
By Transportation Mode
• Railways
• Roadways
• Airways
• Maritime
By Application
• Ticketing Management System
• Parking Management System
• Traffic Management System
• Others (Integrated Supervision System)
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/smart-transportation-market
Global Smart transportation Market– Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Advantech Co., Ltd.
• ALSTOM Holdings
• Amadeus IT Group, S.A.
• Bentley Systems, Inc.
• Cisco Systems, Inc.
• Conduent Business Services, LLC
• Cubic Corp.
• Hitachi, Ltd.
• Huawei Technologies Co., Ltd.
• IBM Corp.
• Intel Corp.
• Kapsch Group
• Oracle Corp.
• Parsons Corp.
• SAP SE
• Siemens AG
• Stantec Inc.
• Thales Group
• The Descartes Systems Group Inc.
• Toshiba Corp.
• Trimble, Inc.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
For More Information, Visit https://www.omrglobal.com
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 Smart Transportation Market Share, Trends, Size, Research and Forecast 2020-2026 here
News-ID: 2203804 • Views: …
More Releases from Orion Market Research
Chelated Iron Agricultural Micronutrients Market Is Expected to Exhibit Signific …
Chelated iron agricultural micronutrients market is anticipated to grow at a CAGR of 6.9% during the forecast period. The rising inclination towards consuming healthy food has resulted in increasing focus on farmers boosting their agriculture productivity by using advanced nutrient ingredients and fertilizers. However, the rapid shift in consumer behaviour has also encouraged food manufacturers towards utilizing premium and high-quality supplements in their products to meet the current rising…
Canned Tuna Market is Likely to Increase at a Significantly High CAGR during For …
The global canned tuna market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period (2024-2031). The canned tuna market is driven by the launch of new product series in canned tuna domain. For instance, in May 2023, German firm Deutsche See launched new canned tuna products that are Marine Stewardship Council-certified, including tuna in sunflower oil in two different sizes. Further, in April 2023, Thai Union…
Biomedical Textiles Market Increasing Demand, Growth Analysis and Future Outlook …
The global biomedical textiles market is anticipated to grow at a CAGR of 6.2% during the forecast period (2024-2031). Biomedical textiles are used for a variety of medical applications, both implantable and non-implantable. They are used in surgical meshes, cardiovascular implants, artificial ligaments and tendons, wound dressings, bandages, adhesive tapes, surgical gowns, drapes, covers, braces, splints, and orthopedic supports. Compression garments are also produced using biomedical textiles that are designed to improve…
Digital Isolator Market (2023-2030): Industry Insights, SWOT Analysis, Market Si …
The global digital isolator market is anticipated to grow at a considerable CAGR of 8.2% during the forecast period. The replacement of conventional optocouplers with digital isolators is increasing during the forecast period due to which the digital isolator market witnesses growth. For instance, in April 2022, Texas Instruments ISOW14x2 isolated RS-485/RS-422 transceiver comes with a built-in isolated DC-DC converter, eliminating the need for a separate isolated power supply in…
More Releases for Corp
Investment Opportunities in 3D Display Market 2021-2027 for Sony Corp., Panasoni …
Allied Market Research published a new report, titled, "3D Display Market by Type (Volumetric Display, Stereoscopic Display, and HMD), Technology (Digital Light Processing (DLP), Plasma Display Panels (PDP), Organic LEDs (OLED), and LED), Access Methods (Screen Based Display and Micro Display), and Application (TV, Smartphones, Monitor, Mobile Computing Devices, Movie Projectors, HMD, and Others) - Global Opportunity Analysis and Industry Forecast, 2019-2027."
The market report provides an all-inclusive analysis of the…
Homeland Security Market Outlook - Post COVID-19 Scenario | IBM Corp, Lockheed M …
The homeland security market in Asia-Pacific region is projected to grow at significant rate during the forecast period, owing to increasing number terrorist activities, territorial wars, political unrest, protests, and government inclination towards police modernization in countries including India, Japan, China, and Sri Lanka.
North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period due to heavy investment…
Emerging 3D Display Market to 2027 | Sony Corp., Panasonic Corp., LG Electronics …
3D display provides three dimensional visualization and a sense of depth to the viewer. 3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense and engineering simulation. It is one of the new developments in the electronic industry as it offers a very immersive 3D viewing experience. Consumer electronics manufacturers (CEMs) are trying to change the user experience by enhancing their product…
3D Display Market | Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung El …
A new market research report on the Global 3D Display market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global 3D Display market. The Global 3D Display analysis is broken down on different segmentation levels including Market By Type, By Technology, By Access Methods, By Application.
3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense, and engineering simulation. It is one of the…
3D TV Market Is Thriving Worldwide | LG Corp, Samsung, Sony Corp, Sharp Corp, To …
HTF MI recently introduced Global and India 3D TV Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are LG Corp, Samsung, Sony Corp, Sharp Corp, Toshiba Corp,…
Global 4K Digital Signage Market 2018 - Sharp Corp., Sony Corp., JVC Kenwood Cor …
Apex Market Reports, recently published a detailed market research study focused on the “4K Digital Signage Market” across the global, regional and country level. The report provides 360° analysis of “4K Digital Signage Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of 4K…
