Global Intelligent Transportation System Market size was valued at USD 43.0 billion in 2021 and is projected to reach USD 76.0 billion by 2028, growing at a CAGR of 9.75% from 2021 to 2028 according to a new report by Intellectual Market Insights Research.

The Intelligent Transportation System market research report comprises a thorough examination of the current and future scenario of this industry vertical. The research highlights major trends and opportunities, as well as challenges, for various segments and sub-segments, while broadening the company horizon. The study report also includes extensive information based on past and present patterns across several industry verticals to help find various expansion prospects. Throughout the forecast period, several estimations regarding market share, market size, and industry growth rate are presented. The research includes information on competitive analysis as well as consumption habits and pricing strategies depending on the Intelligent Transportation System market.

Scope of Intelligent Transportation System Market Report:

A recent market research report added to repository of Intellectual Market Insights Research is an in-depth analysis of Global Intelligent Transportation System Market. On the basis of historic growth analysis and current scenario of Intelligent Transportation System market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Intelligent Transportation System market. This further helps users with their developmental strategy.

This report examines all the key factors influencing growth of global Intelligent Transportation System market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Intelligent Transportation System market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, pricing strategies, innovation possibilities and much more.

The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

Intelligent Transportation System Market Players Analysis:

• Siemens (Germany)
• Thales Group (France)
• Kapsch TrafficCom (Austria)
• Cubic Corporation (US)
• Conduent, Inc. (US)
• Garmin Ltd. (US)
• TomTom International BV (Netherlands)
• Teledyne FLIR Systems, Inc. (US)
• Indra Sistemas (Spain)
• Denso Corporation (Japan)

Intelligent Transportation System Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2021-2028 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Intelligent Transportation System Market Segmentation Analysis:

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
• Software
  • Visualization Software
  • Video Detection Management Software
  • Transit Management Software
  • Others
• Services
  • Business and Cloud Services
  • Support and Maintenance Services

By 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

By 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

By Railways Application

• Rail-running Operation and Collision Avoidance
• Passenger Information Management
• Smart Ticketing
• Security & Surveillance
• Emergency Notification
• Others

By Aviation Application

• Security & Surveillance
• Shuttle Bus Tracking
• Traveler Information Management
• Smart Ticketing
• Aircraft Management
• Emergency Notification
• Others

By Maritime Application

• Freight Arrival & Transit
• Real-time Wheather Information Tracking
• Container Movement Scheduling
• Emergency Notification
• Others

The report also helps in understanding Global Intelligent Transportation System Market dynamics, structure by analyzing the market segments, and project the Global Intelligent Transportation System Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Intelligent Transportation System Market make the report investor’s guide.

Global Intelligent Transportation System Market Regional Analysis

North America accounted for the highest xx% market share in terms of revenue in the Intelligent Transportation System market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Intelligent Transportation System. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Intelligent Transportation System companies in economies such as Japan and China.

The objective of the report is to present comprehensive analysis of Global Intelligent Transportation System Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

Intelligent Transportation System Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S.
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report

The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.

The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 12 years data history and forecast.

The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.

Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.

The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase

To gain insightful analyses of the Intelligent Transportation System market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the Intelligent Transportation System market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the Intelligent Transportation System market. Besides the standard structure reports, we also provide custom research according to specific requirements.

Research Scope of Intelligent Transportation System Market

• Historic year: 2015- 2019
• Base year: 2020
• Forecast: 2021 to 2028
• Representation of Market revenue in USD Million

Intelligent Transportation System Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: