Intelligent Transportation System (ITS) Industry is Driven by Rising Need for Public Safety & Effective Traffic Management

Market Research Future published a half cooked research report on Intelligent Transportation System. Global Market for Intelligent Transportation System is majorly driven by factors such as increasing need of Road Safety Improvements and Shift of Freight Industry from Unorganized to Organized Sector.

Market Overview:

Global Intelligent Transportation System Market is expected to reach USD 42.6 billion in the year 2022. Rising need for public Safety & Effective Traffic Management are some of the key factor which is supporting the Market of Intelligent Transportation System. Intelligent Transport Systems (ITS) include Traffic and Congestion Monitoring and Management Systems, with an Integration of Traffic Control Centers. Access Control and Route Guidance Systems offer a range of benefits for a city. Goods delivery companies often introduce ITS because they can optimize trips with the combination of global positioning system (GPS) technologies and existing logistics programs. Such traffic management and control systems have significant efficiency benefits for both public and private transport. Therefore they make an effective contribution to the sustainable city goals.

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Major Key Players:

• Lanner Electronics Inc.(Taiwan),
• Denso Corporation (Japan),
• Hitachi Ltd. (Japan),
• Roper Technologies, Inc. (U.S.),
• Siemens AG (Germany),
• Thales Group (France),
• Xerox Corporation (U.S.),
• BRISA (Portugal),
• Kapsch Trafficcom (Austria),
• Q Free (Norway),
• EFKON AG (Austria),
• TomTom International BV (Netherlands),
• Savari Inc.(U.S.),
• Nuance Communications Inc.(U.S.),
• Garmin Ltd.(Switzerland)

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Market Segments for Intelligent Transportation System Market:

• Segmentation by Type: Advanced Transportation System, Advanced Public Transportation System, Advanced Transportation Pricing System, Cooperative Vehicle Systems and others.
• Segmentation by Component: Sensors, Surveillance Camera, Software, Interface Board, Monitoring & Detection System, and others.
• Segmentation by Applications: Telematics, Traffic Management, Parking Management, Environment Protection, Traffic Signal Control, Road Safety & Security and others

Access the market data and market information presented through more than 50 market data tables and 25 figures spread over 100 numbers of pages of the project report “Intelligent Transportation System Market- Global Forecast to 2022”

Target Audience:
• Intelligent transportation system providers
• Network providers
• Software providers
• Navigation and GPS manufacturers
• Research & consultancy
• Government
• Technology investors

List of Tables
TABLE 1 Pestle Analysis - U.S.
TABLE 2 Pestle Analysis- IRELAND
TABLE 3 Pestle Analysis- CHINA
TABLE 4 Pestle Analysis- JAPAN
TABLE 5 Pestle Analysis- GERMANY

Continued….

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https://www.marketresearchfuture.com/reports/virtual-private-network-market

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