openPR Logo
Press release

Intelligent Transportation Systems (ITS) Market Continue to Rise the Growth Opportunities at a CAGR of 11.9% by 2027

12-28-2021 11:36 AM CET | IT, New Media & Software

Press release from: Coherent Market Insights

global intelligent transportation systems (ITS) market

global intelligent transportation systems (ITS) market

The global intelligent transportation systems (ITS) market was valued at US$ 30.1 Bn in 2019 and is forecast to reach a value of US$ 74.3 Bn by 2027 at a CAGR of 11.9% between 2020 and 2027.

Wireless technologies used in ITS systems are developing constantly to improve the reliability and interoperability of transportation networks. Both short distance and long-distance wireless communication technologies are advancing rapidly to support current and future applications of ITS. These wireless communication technologies have a wide range of applications in ITS including electronic toll charging (ETC), vehicle navigation systems, and other advanced traveler information systems. Recently, 5.9 MHz DSRC was introduced to improve the performance of toll systems at highway tolls. Europe has also approved this technology for ETC on highways. Continuous development and standardization of the DSRC technology are expected to increase its applications in the field of V2X communication systems to reduce accidents and improve road safety. Communication Air Interface Long and Medium (CALM) range also has a huge potential as it provides continuous wireless communication between roadside infrastructure and vehicles.

๐‘ท๐’“๐’๐’‡๐’Š๐’๐’Š๐’๐’ˆ ๐‘ฒ๐’†๐’š ๐‘ช๐’๐’Ž๐’‘๐’‚๐’๐’Š๐’†๐’”:=
โžผ Siemens AG,
โžผ TomTom NV,
โžผ Hitachi Ltd,
โžผ Thales Group,
โžผ WS Atkins PLC,
โžผ Telenav, Inc.,
โžผ Nuance Communications Incorporation,
โžผ Kapsch TrafficCom AG,
โžผ EFKON AG, Iteris, Inc.,
โžผ Garmin International Inc.

๐—ก๐—ฒ๐˜„ ๐—ฌ๐—ฒ๐—ฎ๐—ฟ ๐—ฆ๐—ฎ๐—น๐—ฒ | ๐—š๐—ฒ๐˜ ๐—˜๐—ป๐—ผ๐—ฟ๐—บ๐—ผ๐˜‚๐˜€ ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜‚๐—ป๐˜ ๐—จ๐—ฝ ๐˜๐—ผ ๐Ÿด๐Ÿฌ% ๐๐ฎ๐ฒ ๐๐จ๐ฐ @
https://www.coherentmarketinsights.com/insight/buy-now/4174

๐Š๐ž๐ฒ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:=
โžผ In-depth analysis of the market insightful information
โžผ Strategic initiatives focusing on the leading vendors.
โžผ Detailed SWOT analysis & PEST analysis of the market.
โžผ Crucial facts & figures about dominant regions
โžผ Trending factors influencing the market in the geographical regions.
โžผ Opportunities and threats faced by the existing vendors in Global Market.

๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐€๐ง๐ฌ๐ฐ๐ž๐ซ๐ฌ ๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ:-
โ–บ What is the market size and forecast of the Global Intelligent Transportation Systems (ITS) Market?
โ–บ What are the inhibiting factors and impact of COVID-19 shaping the Global Intelligent Transportation Systems (ITS) Market during the forecast period?
โ–บ Which are the products/segments/applications/areas to invest in over the forecast period in the Global Intelligent Transportation Systems (ITS) Market?
โ–บ What is the competitive strategic window for opportunities in the Global Intelligent Transportation Systems (ITS) Market?
โ–บ What are the technology trends and regulatory frameworks in the Global Intelligent Transportation Systems (ITS) Market?
โ–บ What is the market share of the leading vendors in the Global Intelligent Transportation Systems (ITS) Market?
โ–บ What modes and strategic moves are considered suitable for entering the Global Intelligent Transportation Systems (ITS) Market?

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐˜€:-
Mr. Shah
Coherent Market Insights
Email: sales@coherentmarketinsights.com

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:-
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are also committed to playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. We create value for clients through our highly reliable and accurate reports.

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 Intelligent Transportation Systems (ITS) Market Continue to Rise the Growth Opportunities at a CAGR of 11.9% by 2027 here

News-ID: 2512451 • Views: โ€ฆ

More Releases from Coherent Market Insights

Meal Replacement Market Market to Hit $22.01 Bn by 2032 with a CAGR of 5.8% |Abbott Laboratories, Amway, Atkins, Blue Diamond Growers
Meal Replacement Market Market to Hit $22.01 Bn by 2032 with a CAGR of 5.8% |Abb โ€ฆ
The Meal Replacement Market is estimated to be valued at USD 14.82 Bn in 2025 and is expected to reach USD 22.01 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2025 to 2032. The latest report from Coherent Market Insights examines the growth prospects of the Meal Replacement Market Market from 2025 to 2032. This in-depth analysis covers industry size, market share, business trends, key growthโ€ฆ
Deep Cycle Battery Market, Market Outlook : Projected to Exceed USD 4.73 Billion by 2032 with a 7.9% CAGR |C&D Technologies Inc., Crown Battery Manufacturing Co., East Penn Manufacturing Co. Inc., EnerSys
Deep Cycle Battery Market, Market Outlook : Projected to Exceed USD 4.73 Billion โ€ฆ
The deep cycle battery market is estimated to be valued at USD 2.77 billion in 2025 and is expected to reach USD 4.73 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.9% from 2025 to 2032. The latest report from Coherent Market Insights examines the growth prospects of the Deep Cycle Battery Market, Market from 2025 to 2032. This in-depth analysis covers industry size, market share, businessโ€ฆ
Consumer Electronics Packaging Market Market Projected to Witness Huge Growth by 2025-2032 |Hangzhou Xunda Packaging Co., Smurfit Kappa Group PLC, DS Smith Plc, Pregis Corporation
Consumer Electronics Packaging Market Market Projected to Witness Huge Growth by โ€ฆ
The consumer electronics packaging market is estimated to be valued at USD 26.57 Bn in 2025 and is expected to reach USD 81.72 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 17.4% from 2025 to 2032. The latest report from Coherent Market Insights examines the growth prospects of the Consumer Electronics Packaging Market Market from 2025 to 2032. This in-depth analysis covers industry size, market share, business trends,โ€ฆ
Ceramic Armor Market Market Set to Witness Significant Growth by 2025-2032 |Koninklijke DSM N.V., BAE Systems, Morgan Advanced Materials , Saint-Gobain S.A.
Ceramic Armor Market Market Set to Witness Significant Growth by 2025-2032 |Koni โ€ฆ
The global ceramic armor market is estimated to be valued at USD 2.75 Bn in 2025 and is expected to reach USD 4.08 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2032. The latest report from Coherent Market Insights examines the growth prospects of the Ceramic Armor Market Market from 2025 to 2032. This in-depth analysis covers industry size, market share, business trends,โ€ฆ

All 5 Releases


More Releases for Intelligent

Intelligent Process Automation Market
Intelligent Process Automation (IPA) is rapidly emerging as one of the most transformative technologies in the business world. By combining artificial intelligence (AI), machine learning (ML), robotic process automation (RPA), and other cutting-edge tools, IPA helps organizations automate complex business processes, optimize workflows, and improve operational efficiency. Businesses across various sectors, including manufacturing, finance, healthcare, and logistics, are increasingly adopting IPA solutions to reduce operational costs, enhance productivity, and improveโ€ฆ
Intelligent solar protection
Convenient control of awnings with smart-home technology Solar protection for balconies, patios and windows is a talking point every summer - especially in view of climate change which is bringing us unusually hot periods ever more frequently. Awnings that can be controlled automatically are particularly suitable when it comes to preventing interiors from heating up. And that is where markilux comes in: for this purpose the supplier offers many different modelsโ€ฆ
Intelligent Care Support Market
โ€œIntelligent Care Support Marketโ€ study by โ€œThe Insight Partnersโ€ provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies revenues. It concludes with precise and authenticโ€ฆ
Global Intelligent Motor Control Market By Type (Low Voltage Intelligent Motor C โ€ฆ
This report studies the Intelligent Motor Control Market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Intelligent Motor Control Market by product type and applications/end industries. These details further contain a basic summary of the company, merchant profile, and the product range of the company in question. Theโ€ฆ
Intelligent Transportation System Market
Intelligent Transportation System Market โ€“ Global Industry Analysis and Forecast (2017-2026) โ€“ By Offering, by type, by Component, Application, and Geography Intelligent Transportation System Market was valued US$ 20.2 Bn in 2017 and is expected to reach US$ 40.5 Bn by 2026 at CAGR of 9.08% during forecast period. Intelligent Transportation System Market (ITS) is a computerized system with diverse applications connected with vehicle transportation. Also, it provides travelers with important informationโ€ฆ
Global Intelligent Prosthetics Market 2018 | Blatchford, Intelligent Prosthetic โ€ฆ
Press Release โ€“ 24 Aug 2018 Research and Development News -- . . Latest Update "Global Intelligent Prosthetics Market Research Report 2018" with Industries Survey | Global Current Growth and Future. ' ' This report studies the global Intelligent Prosthetics market status and forecast, categorizes the global Intelligent Prosthetics market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, Asia-Pacific, Southโ€ฆ