Global Intelligent Transport System Market Analysis & Trends - Industry Forecast to 2027
The Global Intelligent Transport System Market is poised to grow strong during the forecast period 2017 to 2027.. Some of the prominent trends that the market is rising government initiatives for effective traffic management and growing population in developed and developing countries.
Based on system, the market is categorized into, advanced public transportation systems (Apts), advanced transportation pricing systems (ATPS), advanced transportation management systems (ATMS), advanced traveler information systems (ATIS), commercial vehicle operation.
By Component, the market is divided into automatic vehicle monitoring and detection system, tele-communication networks, surveillance, camera, software, sensors, interface boards and other components. Moreover automatic vehicle monitoring and detection system is classified into intelligent traffic controller, parking space detection and automatic number plate recognition. In addition tele-communication networks are bifurcated into wireless, fiber optic. Further wireless is segmented into Bluetooth, Wi-Fi and ZigBee. Moreover surveillance camera is categorized into aid camera and thermal camera. Further, software is segregated into video detection management software, visualization software and other softwares. Moreover, Sensors are divided into pressure sensors, temperature sensors, image sensors (2d &3d), distance measurement sensors, proximity sensors, magnetic sensors, optical sensors, thermal sensor, speed sensor, vehicle detection sensor and other sensors. In addition, interface boards are categorized into aid boards, vehicle detection board, communication board and other interface boards.
Amongst Application the market is bifurcated into collision avoidance systems, fleet management and asset monitoring, environment protection, road user charging, parking management, automotive telematics, road safety & surveillance and traffic management.
On the basis of technologies and standards the market is segregated into cooperative intelligent transport system (C-ITS), radio data system-traffic message channel (RDS-TMS), radio frequency identification (RFID), near field communication (NFC), radiowave & infrared beacon, dedicated short range communication (DSRS), wireless and sensor network, global positioning system and cloud service.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2027. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
- Rest of Europe
- New Zealand
- Rest of Asia Pacific
- Saudi Arabia
- Rest of Middle East
- Rest of Latin America
Rest of the World
- South Africa
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2027, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2027
- Market opportunities and recommendations for new investments
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