Press release
Global Intelligent Transportation System Market - Trends Forecast 2016-2022
Intelligent Transportation System MarketWiseguyreports.Com Adds “Intelligent Transportation System Market -Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database.
Description:
Intelligent Transport System (ITS) is a computerized system with diverse applications connected with vehicle transportation, that provides live feeds with the help of sophisticated sensors of smartphones and the equipment is installed across the roadside, including cameras mounted on the traffic poles. Intelligent Transport System (ITS) is majorly being used and deployed for capturing real time navigation, lane disciple, traffic updates and predicting travel time. The objective of ITS is to improve effectiveness, efficiency and safety in road transportation system. This technology is successfully being deployed in various developed countries such as Japan, Singapore, United States, and United Kingdom with the motive to improve the performance of transportation system by controlling conjunction, and ensuring safety and convenience for travelers.
The major growth driver for intelligent transportation system is the rising concern for traffic congestion, followed by an increase in the need for road safety improvements and the shift of freight industry from unorganized to organized sector. However, the lack of proper infrastructure for implementation of ITS in developing and under developed economies, is inhibiting the growth of the Global Intelligent Transportation System market. The global intelligent transportation system market is expected to be USD 42.67 billion by the end of forecast period with CAGR of ~12.21%.
.....
Request for Sample Report@ https://www.wiseguyreports.com/sample-request/1130267-global-intelligent-transportation-system-market-trends-forecast-2016-2022
The global intelligent transportation system market is segmented by products, by applications, by component and by regions. On the basis of products, the market is segmented as advanced transportation management systems (ATMS), advanced public transportation systems (APTS), advanced transportation pricing systems (ATPS), advanced traveler information systems (ATIS) and cooperative vehicle systems. On the basis of applications, the market is categorized as automotive telematics, traffic management, collision avoidance system, road user charging, road safety and security, traffic signal control, freight management (commercial), parking management, public transport, environment protection and traffic enforcement camera. On the basis of components, the market is divided as sensor, surveillance camera, software, interface board, monitoring and detection system, telecommunication network and others.
Enquiry before Buying @ https://www.wiseguyreports.com/enquiry/1130267-global-intelligent-transportation-system-market-trends-forecast-2016-2022
Key Players:
The key players of Intelligent Transportation System are Roper Industries, Inc.(U.S), Hitachi Ltd. (Japan), Siemens AG (Germany), Thales S.A. (France), Xerox Corporation (U.S.), BRISA (Portugal), Kapsch AG (Austria)¸Q-Free ASA (Norway), Efkon AG (Austria), Lanner Electronics Inc.(Taiwan), Denso Corporation (Japan), TomTom International BV(Netherlands), Savari Inc.( U.S.), Nuance Communications Inc.(U.S), Garmin Ltd.( Switzerland) and others.
Global Intelligent Transportation System Market - Trends & Forecast, 2016-2022:
• To provide detailed analysis of the market structure along with forecast for the next 5 years for the various segments and sub-segments of the global Intelligent Transport System market development and demand market
• Upcoming technologies, high growth geographies and countries were identified
• Regional and country specific demand and forecast for Intelligent Transport System were studied
• Key segments covered in the report are: product, application, component and region.
Target Audience:
• Intelligent transportation system providers
• Network providers
• Software providers
• Navigation and GPS manufacturers
• Research & consultancy
• Government
• Technology investors
Key Findings:
• Intelligent Transportation System Market is expected to grow at compound annual growth rate of 12.21% between the 2016 and 2022.
• Asia-Pacific is projected to dominate the market of intelligent transportation system throughout the forecast period.
• By Product, Advanced Public Transportation Systems (APTS) accounts for the largest market share of 13.89% in the global market, followed by Advanced Transportation Management Systems (ATMS) accounting for 12.39% of the total market share.
• By Application, Road User Charging accounts for the largest market share of 14.75% in the global market, followed by Environment Protection accounting for 14.73% of the market share.
• Major Drivers of the market have been identified as the increasing concern of traffic congestion and the rise in the number of government initiatives whereas the major market restraints are the lack of proper infrastructure for implementation in developing and under-developed economies and the high Cost for ITS safety systems does not allow high penetration
Regional and Country Analysis of Intelligent Transportation System Market
North America has dominated the market in 2016 which is followed by Asia-pacific. Europe is expected to grow at a CAGR of 12.83% during the forecast period. Asia Pacific is expected to grow from a market size of USD 5.65 billion in 2016 to USD 12.10 billion by 2022. ROW is expected to grow at a CAGR of 8.67% during the forecast period.
The reports also covers country level analysis:
• North America
o US
o Canada
• Europe
o France
o Germany
o Italy
o Spain
o United Kingdom
o Rest of Europe
• Asia – Pacific
o China
o India
o Indonesia
o Japan
o South Korea
o Others
• Middle East & Africa
….
Continued
Buy now @ https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=1130267
Contact US:
NORAH TRENT
Partner Relations & Marketing Manager
sales@wiseguyreports.com
Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
About Us:
Wise Guy Reports Is Part Of The Wise Guy Consultants Pvt. Ltd. And Offers Premium Progressive Statistical Surveying, Market Research Reports, Analysis & Forecast Data For Industries And Governments Around The Globe. Wise Guy Reports Features An Exhaustive List Of Market Research Reports From Hundreds Of Publishers Worldwide. We Boast A Database Spanning Virtually Every Market Category And An Even More Comprehensive Collection Of Market Research Reports Under These Categories And Sub-Categories.
Addres:
: Wise Guy Research Consultants Pvt Ltd
: Pune – 411028
: Maharashtra, Global
: Ph: +91 841 198 5042
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 Global Intelligent Transportation System Market - Trends Forecast 2016-2022 here
News-ID: 540848 • Views: …
More Releases from WISE GUY RESEARCH CONSULTANTS PVT LTD

Global LIMS Industry Analysis 2020 Market Growth, Trends, Opportunities And Fore …
LIMS Market 2020-2026
New Study Reports “LIMS Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
Report Summary:-
The Global LIMS Market Report 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, LIMS Market Distribution, And Competitive Landscape Study Of Significant Industry Players. Every Segment Of The Global LIMS Market Is Extensively Assessed In The…

Asthma Drugs Market 2020 Global Industry Sales, Supply, Demand, Consumption, Ana …
Asthma Drugs Market 2020-2026
New Study Reports “Asthma Drugs Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
Report Summary:-
The Global Asthma Drugs Market Report 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, Asthma Drugs Market Distribution, And Competitive Landscape Study Of Significant Industry Players. Every Segment Of The Global Asthma Drugs Market Is Extensively Assessed In The Research…

Virtual Reality in Education 2020 Global Market Key Players - Alchemy VR, Avanti …
Virtual Reality in Education Market 2020-2026
New Study Reports “Virtual Reality in Education Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
Report Summary:-
The Global Virtual Reality in Education Market Report 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, Virtual Reality in Education Market Distribution, And Competitive Landscape Study Of Significant Industry Players. Every Segment Of The Global…

Online Jewelry 2020 Global Market Key Players - Cartier, Tiffany & Co, Pandora, …
Online Jewelry Market 2020-2026
New Study Reports “Online Jewelry Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
Report Summary:-
The Global Online Jewelry Market Report 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, Online Jewelry Market Distribution, And Competitive Landscape Study Of Significant Industry Players. Every Segment Of The Global Online Jewelry Market Is Extensively Assessed In The Research…
More Releases for Transport
Route Runners Auto Transport: Making Open Car Transport Easy
When it comes to shipping a vehicle, choosing the right transport method is key. For many individuals and businesses, open car transport remains the most cost-effective and efficient option. At Route Runners Car Transport Company [http://routerunnersautotransport.com/], customers can count on professional and affordable open car shipping services, backed by years of experience and a strong reputation in the auto transport industry.
Route Runners Car Transport Company is a trusted name offering…
Industry Leader CRC Transport Expands Auto Transport Services Nationwide
CRC Transport strengthens its footprint with expanded vehicle shipping and fleet logistics services, ensuring reliable transport for businesses and individuals.
Image: https://www.globalnewslines.com/uploads/2025/03/66f8b949bd58a433ce3f4cd0883e60c1.jpg
CRC Transport LLC [https://crctransport.us/], a leading provider of auto transport services [https://web.facebook.com/crctransportllc?_rdc=1&_rdr], is expanding operations across the United States to meet growing demand. The company is increasing its capacity to ensure businesses and individuals can access reliable and efficient vehicle transportation solutions.
With over a decade of industry experience, CRC Transport…
Countrywide Auto Transport Houston Launches Innovative Vehicle Transport Service …
Countrywide Auto Transport Houston has launched an innovative vehicle transport service aimed at providing fast, safe, and reliable auto shipping solutions across the U.S. This new service features advanced real-time tracking, nationwide coverage, and full insurance protection for transported vehicles, making it easier for individuals, dealerships, and businesses to ship vehicles with peace of mind.
Houston, TX - September 23, 2024 - Countrywide Auto Transport Houston [https://maps.app.goo.gl/b5yufLqmkrWr4VDp9], a trailblazer in the…
Refrigerated Transport Market Forecast Report by Mode of Transportation (Refrige …
The Refrigerated Transport Market
The global refrigerated transport market is on a trajectory of significant growth, with projections indicating an increase from $17.77 billion in 2023 to $27.07 billion by 2032. This expansion represents a compound annual growth rate (CAGR) of 4.79% from 2024 to 2032. The market's growth is primarily driven by the increasing demand for temperature-controlled logistics in supply chains to maintain the efficacy and shelf life of sensitive…
Countrywide Auto Transport Houston Introduces Innovative Vehicle Transport Solut …
Image: https://www.getnews.info/uploads/be5093d1c5731a7172fd589950dccdc0.png
Houston, TX - July 23, 2024 - Countrywide Auto Transport Houston, a leading player in the auto transport industry, is thrilled to announce the launch of its revolutionary vehicle transport services. This groundbreaking development is set to transform the way vehicles are transported across the nation, reaffirming Countrywide Auto Transport Houston's dedication to innovation and excellence in the auto transport sector.
Revving up the excitement, Countrywide Auto Transport Houston [https://maps.app.goo.gl/GYzGNcorAN4yzpeM6]…
Road Haulage Market SWOT Analysis by Key Players: Kindersly Transport, AM Cargo …
The business of transporting goods and service via roads is called road haulage. Haulage is the process of shifting goods from one place other either vertically or horizontally.
The road haulage market is expected to expand at a notable growth rate during the forecast period owing to the increase in demand for rapid, safe, and efficient ground transportation. Expansion of transportation and automotive industries has propelled the road haulage market. Increase…