Global Intelligent Transportation System Market Analysis & Trends - Industry Forecast to 2027
The Global Intelligent transportation system Market is poised to grow strong during the forecast period 2017 to 2027.. Some of the prominent trends that the market is witnessing includeincreasing public–private partnerships (PPPs), recent technological developments of intelligent transportation systems, requirement for advanced traffic congestion solutions.
By system, the market is fragmented into advanced traffic management system, advanced traveler information system, commercial vehicle operation, ITS ‐enabled transportation pricing system, vehicle-to-vehicle interaction and vehicle-to-infrastructure interaction, advanced public transportation system (APTS) and automatic number plate recognition (ANPR) systems.
Based on offering, the market is classified into hardware, software and other components. The hardware is classified into Tele-Communication Networks, Interface Boards, Sensors, Monitoring and Detection System and Surveillance Camera. The software segment is divided into Transit Management System, Video Detection Management Software, Visualization Software and other softwares. The other components are divided into Support and Maintenance Services, Business and Cloud Services. The tele-communication networks are further classified into fiber optics, wireless media and copper line. The Interface Boards are further segmented into vehicle detection board, communication board and multifunctional board. The sensors are further classified into pedestrian presence sensor, speed sensor and vehicle detection sensor. The Monitoring and Detection System are further segregated into intelligent traffic controller and automatic number plate detection. The surveillance camera is further sub-divided into aid camera and thermal camera.
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
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook