Press release
Global Intelligent Transport System (ITS) Market to grow at a CAGR of 8.70% during the period 2017-2021
"The Report Global Intelligent Transport System (ITS) Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"An intelligent transport system (ITS) is a sophisticated solution that provides solutions related to different modes of traffic and transport management. The traffic management process is rationalized with the optimization of quality, reduction of the costs incurred, and the time taken to implement decisions. The different types of ITS include network management systems, public transport ITS, freight and commercial ITS, road safety system, security and crime reduction ITS, Communication ITS, and automotive and infotainment telematics.
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Technavios analysts forecast the global intelligent transport system (its) market to grow at a CAGR of 8.70% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global intelligent transport system market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the global ITS market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Intelligent Transport System (ITS) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
3M
Kapsch Group
Neology
Q-Free
Siemens
TransCore
Other prominent vendors
ADDCO LLC
Agero
DENSO CORPORATION
EFKON
International Road Dynamics
KLD Engineering
Lanner
Peek Traffic Corporation
Traffic Tech (Gulf)
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Market driver
Increasing road traffic congestion in Asian countries
For a full, detailed list, view our report
Market challenge
Higher setup cost and operating cost
For a full, detailed list, view our report
Market trend
Impact of standardization in ITS
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Five forces analysis
PART 06: Market segmentation by solution type
Global ITS market segmentation by solution type
Global ITS market by network management
Global ITS market by automotive and infotainment telematics
Global ITS market by road safety system
Global ITS market by communication ITS
Global ITS market by security and crime reduction
Global ITS market by freight and commercial ITS
Global ITS market by public transportation ITS
PART 07: Geographical segmentation
Global ITS market segmentation by geography
ITS market in Americas
ITS market in APAC
ITS market in EMEA
PART 08: Key leading countries
US
Singapore
Japan
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
PART 11: Market trends
Impact of standardization in ITS
Benefits of ITS will lead the market in future
Innovations in ITS
PART 12: Vendor landscape
Competitive scenario
3M
Kapsch Group
Neology
Q-Free
Siemens
TransCore
Other prominent vendors
PART 13: Appendix
List of abbreviations
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