Press release
Intelligent Transport Systems market will reach USD 132.45 billion by 2032, key players- Redflex Holdings Limited, THALES Company, Garmin International Inc., BAE SYSTEMS PLC Company, NORTHROP GRUMMAN CORPORATION, Kapsch Trafficcom AG., WS ATKINS PLC, Q-fr
The global intelligent transportation system (ITS) market is projected to reach USD 132.45 billion by 2032 from an estimated USD 41.56 billion in 2021, at a CAGR of 11.45% from 2021 to 2032. The growth of the ITS market can be attributed to the high adoption of ecofriendly automobile technology and the increasing importance of environmental conservation.In addition, the Global Intelligent Transport Systems market study also covers several factors such as market status, key market trends, growth forecast, and growth opportunities. Furthermore, we analyze the challenges faced by the Global Intelligent Transport Systems market in terms of global and regional basis.
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Key Players Mentioned in the Global Intelligent Transport Systems Market Research Report: Redflex Holdings Limited, THALES Company, Garmin International Inc., BAE SYSTEMS PLC Company, NORTHROP GRUMMAN CORPORATION, Kapsch Trafficcom AG., WS ATKINS PLC, Q-free ASA, BT Signaal, WSP Parsons Brinckerhoff, TomTom International BV, Transcore Inc., Denso Corporation, Savari Inc, CISCO SYSTEMS, INC., MOUCHEL GROUP PLC, EFKON AG, Nuance Communication Inc.
This research report categorizes the ITS market based on offering, system, application, and geography.
Intelligent Transportation System Market:
Based on by Offering
Hardware
Interface Boards
Multifunctional boards
Vehicle detection boards
Communication boards
Sensors
Vehicle detection sensors
Pedestrian presence sensors
Speed sensors
Surveillance Cameras
Thermal cameras
AID cameras
Telecommunication Networks
Fiber optic cables
Copper lines
Wireless media
Monitoring and Detection Systems
Automatic number plate recognition systems
Intelligent traffic controllers
Others (Linked Traffic Controllers and Variable Message Signboards)
Software
Visualization Software
Video Detection Management Software
Transit Management Software
Others
Services
Business and Cloud Services
Support and Maintenance Services
Based on System
Advanced Traffic Management Systems (ATMS)
Advanced Traveler Information Systems (ATIS)
ITS-enabled Transportation Pricing Systems (ITPS)
Advanced Public Transportation Systems (APTS)
Commercial Vehicle Operation (CVO) Systems
Based on Roadways Application
Intelligent Traffic Control
Traffic Monitoring Systems
Traffic Signal Control Systems
Traffic Enforcement Cameras
Variable Traffic Message Signboards
Collision Avoidance
Parking Management
Passenger Information Management
Ticketing Management
Emergency Vehicle Notification
Automotive Telematics
Fleet Management and Asset Monitoring
Based on Railways Application
Rail-running Operation and Collision Avoidance
Passenger Information Management
Smart Ticketing
Security & Surveillance
Emergency Notification
Others
Based on Aviation Application
Security & Surveillance
Shuttle Bus Tracking
Traveler Information Management
Smart Ticketing
Aircraft Management
Emergency Notification
Others
Based on Maritime Application
Freight Arrival & Transit
Real-time Wheather Information Tracking
Container Movement Scheduling
Emergency Notification
Others
Regional overview
North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa are the provincial order of the worldwide Intelligent Transport Systems market.
Competitive Outlook
The record includes full-size qualitative and quantitative market records, similarly to the studies strategies used to acquire numerous conclusions. This Intelligent Transport Systems market studies document includes an in-depth listing of the market's top players further to sure data on every corporation, collectively with an industrial agency company profile, sales shares, a strategic evaluation, and modern developments.
The objective of the studies:
- To provide a detailed analysis of the market structure along with a forecast of the various segments and sub-segments of the global Intelligent Transport Systems Market.
-Provide information on factors affecting the growth of the market. To analyze the Intelligent Transport Systems Market based on various factors- price analysis, supply chain analysis, Gate Five force analysis, etc.
-Provide historical and forecast revenue of market segments and sub-segments for four major geographies and their countries - North America, Europe, Asia, Latin America and Rest of the World.
-Provide country level market analysis relative to current market size and future prospects.
- To provide country level market analysis for the segment by application, product type and sub-segments.
-Provide a strategic profile of the major market players, by deeply analyzing their core competencies and drawing a competitive landscape for the market.
- Track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Intelligent Transport Systems Market.
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Impact of COVID-19
The effect of the COVID-19 outbreak at the Intelligent Transport Systems market is investigated on this exam. Furthermore, there is a wealth of information available approximately the COVID-19 pandemic market's capacity and present-day effect. The studies consist of a radical examination of the previous market in addition to an assessment of potential opportunities over the forecast period 2022-2029.
Table of Contents:
1 Study Coverage
2 Market by Type
3 Market by Application
4 Global Intelligent Transport Systems Competitor Landscape by Company
5 Global Intelligent Transport Systems Market Size by Region
6 Segment in Region Level & Country Level
7 Company Profiles
8 Industry Chain and Sales Channels Analysis
9 Research Findings and Conclusion
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