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Intelligent Transportation System Market by Offering, System (Advanced Traffic Management System, Advanced Traveler Information System, ITS-Enabled Transportation Pricing System), Application, and Geography - Global Forecast to 2023

Intelligent Transportation System Market by Offering, System (Advanced Traffic Management System, Advanced Traveler Information System, ITS-Enabled Transportation Pricing System), Application, and Geography - Global Forecast to 2023

“Intelligent transportation system (ITS) market in roadways is projected to grow at a CAGR of 5.65% between 2018 and 2023”
The ITS market in roadways is expected to be worth USD 23.35 billion in 2018 and USD 30.74 billion by 2023, at a CAGR of 5.65% between 2018 and 2023. The growth of the overall market can be attributed to driving factors such as increasing concerns related to public safety, increasing traffic congestion problem, and favorable government initiatives for effective traffic management. However, high expenses associated with ITS installation and relatively slow growing infrastructure sector restrain the growth of the ITS market.

“Intelligent traffic control is the major application of ITS in roadways”
The intelligent traffic control application in roadways accounted for the largest share of the overall ITS market in 2017. An intelligent traffic control involves a much closer interaction between all of its constituents: drivers, pedestrians, public transportation, and traffic management systems. Adaptive signal systems, driver advisory and route planning, and automated vehicles are some of the goals set up to increase the efficiency of actual systems.

“Advanced traffic management system accounted for the largest market size in 2017”
The advanced traffic management system accounted for the largest market size in 2017. Advanced traffic management systems (ATMS) include ITS applications that focus on traffic control devices, such as traffic signals, ramp metering, and dynamic message signs on highways that provide drivers real-time messaging about traffic or highway status.

“ITS market in APAC to grow at the highest CAGR”
The demand for ITS in roadways is expected to highly increase in APAC in the near future, and the market in this region is estimated to grow at the highest CAGR during the forecast period. Increasing number of mega cities and growing population in developed and developing countries has increased the need for ITS. ITS involves the revamp of overall technological aspects such as GPS, carrier access for land mobiles, and dedicated short-range communication (DSRC).

In the process of determining and verifying the market size for several segments and subsegments obtained through secondary research, extensive primary interviews have been conducted with officials from the key players. The breakup of the profile of primaries has been given below:
By Company Type: Tier 1 = 25%, Tier 2 = 35%, and Tier 3 = 40%
By Designation: C-Level Executives = 35%, Directors = 25%, and Others = 40%
By Region: North America = 43%, Europe = 29%, APAC = 14%, and RoW = 14%

Companies that provide a range of customized solutions are expected to emerge as the game changers in this market.

The key players in the ITS market in roadways profiled in the report are as follows:
1. Thales (France)
2. Siemens (Germany)
3. Garmin (Switzerland)
4. Kapsch TrafficCom (Austria)
5. TomTom (Netherlands)
6. Q-Free (Norway)
7. Denso (Japan)
8. EFKON (Austria)
9. FLIR Systems (US)
10. Cubic (US)

Research Coverage:
In this report, segments such as offering, system, application, and geography have been covered. The report also discusses drivers, restraints, opportunities, and challenges pertaining to the market. The report gives a detailed view of the market across 4 main regions: North America, Europe, APAC, and RoW. Value chain analysis have also been included in the report.

Reasons to Buy the Report:
This report includes statistics pertaining to the ITS market in roadways, by offering, system, application, and geography, along with market size of each subsegment.
Major drivers, restraints, opportunities, and challenges for the market have been provided in detail in this report.
This report would help stakeholders to understand their competitors better and gain more insights to enhance their company’s position in the market. The competitive landscape section includes competitor ecosystem and recent development strategies adopted by the key players in the market such as product launches and developments, partnerships, and mergers and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF STUDY
    • DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR STUDY
    • CURRENCY
    • PACKAGE SIZE
    • LIMITATIONS
    • MARKET STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • MAJOR OPPORTUNITIES IN THE INTELLIGENT TRANSPORTATION SYSTEM MARKET
    • INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY OFFERING
    • INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS IN APAC
    • NORTH AMERICA HELD LARGEST SHARE OF INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS IN 2017
    • INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS, BY APPLICATION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS FOR ITS IN ROADWAYS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • MARKET DYNAMICS FOR ITS IN RAILWAYS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
    • MARKET DYNAMICS FOR ITS IN AVIATION
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
    • MARKET DYNAMICS FOR ITS IN MARITIME
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
    • VALUE CHAIN ANALYSIS
  • ITS MARKET, BY PROTOCOL
    • INTRODUCTION
    • SHORT RANGE
      • WAVE (IEEE 802.11)
      • WPAN (IEEE 802.15)
    • LONG RANGE
      • WIMAX (IEEE 802.11)
      • OFDM
    • IEEE 1512
    • TRAFFIC MANAGEMENT DATA DICTIONARY (TMDD)
    • OTHERS
  • ITS MARKET FOR ROADWAYS, BY OFFERING
    • INTRODUCTION
      • Table ITS MARKET FOR ROADWAYS, BY OFFERING, 2015–2023 (USD BILLION)
    • HARDWARE
      • Table ITS MARKET FOR HARDWARE IN ROADWAYS, BY COMPONENT, 2015–2023 (USD BILLION)
      • INTERFACE BOARD
        • Table ITS MARKET FOR INTERFACE BOARDS IN ROADWAYS, BY SUBCOMPONENT, 2015–2023 (USD BILLION)
      • SENSOR
        • Table ITS MARKET FOR SENSORS IN ROADWAYS, BY SUBCOMPONENT, 2015–2023 (USD BILLION)
        • Table ITS MARKET FOR SENSORS IN ROADWAYS, BY SUBCOMPONENT, 2015–2023 (MILLION UNITS)
      • SURVEILLANCE CAMERA
        • Table ITS MARKET FOR SURVEILLANCE CAMERAS IN ROADWAYS, BY SUBCOMPONENT, 2015–2023 (USD BILLION)
        • Table ITS MARKET FOR SURVEILLANCE CAMERAS IN ROADWAYS, BY SUBCOMPONENT, 2015–2023 (MILLION UNITS)
      • TELECOMMUNICATION NETWORK
        • Table ITS MARKET FOR TELECOMMUNICATION NETWORKS IN ROADWAYS, BY SUBCOMPONENT, 2015–2023 (USD BILLION)
      • MONITORING AND DETECTION SYSTEM
        • Table ITS MARKET FOR MONITORING AND DETECTION SYSTEMS IN ROADWAYS, BY SUBCOMPONENT, 2015–2023 (USD BILLION)
      • OTHERS
        • Table ITS MARKET FOR OTHER HARDWARE COMPONENTS IN ROADWAYS, BY SUBCOMPONENT, 2015–2023 (USD BILLION)
    • SOFTWARE
      • Table ITS MARKET FOR SOFTWARE IN ROADWAYS, BY COMPONENT, 2015–2023 (USD BILLION)
      • VISUALIZATION SOFTWARE
      • VIDEO DETECTION MANAGEMENT SOFTWARE
      • TRANSIT MANAGEMENT SYSTEM
      • OTHERS
    • SERVICES
      • Table ITS MARKET IN ROADWAYS, BY SERVICE, 2015–2023 (USD BILLION)
      • BUSINESS AND CLOUD SERVICES
      • SUPPORT AND MAINTENANCE SERVICES
  • ITS MARKET IN ROADWAYS, BY SYSTEM
    • INTRODUCTION
      • Table ITS MARKET FOR ROADWAYS, BY SYSTEM, 2015–2023 (USD BILLION)
    • ADVANCED TRAFFIC MANAGEMENT SYSTEM (ATMS)
      • Table ITS MARKET FOR ADVANCED TRAFFIC MANAGEMENT SYSTEMS, BY REGION, 2015–2023 (USD BILLION)
    • ADVANCED TRAVELER INFORMATION SYSTEM (ATIS)
      • VEHICLE-TO-VEHICLE (V2V) AND VEHICLE-TO-INFRASTRUCTURE (V2I) COMMUNICATION
        • Table ITS MARKET FOR ADVANCED TRAVELER INFORMATION SYSTEMS, BY REGION, 2015–2023 (USD BILLION)
    • ITS-ENABLED TRANSPORTATION PRICING SYSTEM
      • Table ITS MARKET FOR ITS-ENABLED TRANSPORTATION PRICING SYSTEMS, BY REGION, 2015–2023 (USD BILLION)
    • ADVANCED PUBLIC TRANSPORTATION SYSTEM (APTS)
      • Table ITS MARKET FOR ADVANCED PUBLIC TRANSPORTATION SYSTEMS, BY REGION, 2015–2023 (USD BILLION)
    • COMMERCIAL VEHICLE OPERATION
      • Table ITS MARKET FOR COMMERCIAL VEHICLE OPERATIONS, BY REGION, 2015–2023 (USD BILLION)
  • ITS MARKET FOR ROADWAYS, BY APPLICATION
    • INTRODUCTION
      • Table ITS MARKET FOR ROADWAYS, BY APPLICATION, 2015–2023 (USD BILLION)
    • FLEET MANAGEMENT AND ASSET MONITORING
      • Table ITS MARKET FOR FLEET MANAGEMENT AND ASSET MONITORING APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • INTELLIGENT TRAFFIC CONTROL
      • TRAFFIC MONITORING
      • TRAFFIC SIGNAL CONTROL
      • TRAFFIC ENFORCEMENT CAMERAS
      • VARIABLE TRAFFIC MESSAGE SIGN
        • Table ITS MARKET FOR INTELLIGENT TRAFFIC CONTROL APPLICATIONS, BY SUBSYSTEM, 2015–2023 (USD BILLION)
        • Table ITS MARKET FOR INTELLIGENT TRAFFIC CONTROL, BY REGION, 2015–2023 (USD MILLION)
    • COLLISION AVOIDANCE
      • Table ITS MARKET FOR COLLISION AVOIDANCE APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • PARKING MANAGEMENT
      • Table ITS MARKET FOR PARKING MANAGEMENT APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • PASSENGER INFORMATION MANAGEMENT
      • Table ITS MARKET FOR PASSENGER INFORMATION MANAGEMENT APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • TICKETING MANAGEMENT
      • Table ITS MARKET FOR TICKETING MANAGEMENT APPLICATION, BY REGION, 2015–2023 (USD MILLION)
    • EMERGENCY VEHICLE NOTIFICATION
      • Table ITS MARKET FOR EMERGENCY VEHICLE NOTIFICATION APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • AUTOMOTIVE TELEMATICS
      • Table ITS MARKET FOR AUTOMOTIVE TELEMATICS APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
  • ITS MARKET FOR RAILWAYS, BY APPLICATION
    • INTRODUCTION
      • Table ITS MARKET FOR RAILWAYS, BY APPLICATION, 2015–2023 (USD BILLION)
    • RAIL-RUNNING OPERATION AND COLLISION AVOIDANCE
      • Table ITS MARKET FOR RAIL-RUNNING OPERATION & COLLISION AVOIDANCE APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • PASSENGER INFORMATION MANAGEMENT
      • Table ITS MARKET FOR PASSENGER INFORMATION MANAGEMENT APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • SMART TICKETING
      • Table ITS MARKET FOR SMART TICKETING APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • SECURITY AND SURVEILLANCE
      • Table ITS MARKET FOR SECURITY AND SURVEILLANCE APPLICATIONS, BY REGION,,2015–2023 (USD MILLION)
    • EMERGENCY NOTIFICATION
      • Table ITS MARKET FOR EMERGENCY NOTIFICATION APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • OTHERS
      • Table ITS MARKET FOR OTHER APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
  • ITS MARKET FOR AVIATION, BY APPLICATION
    • INTRODUCTION
      • Table ITS MARKET FOR AVIATION, BY APPLICATION, 2015–2023 (USD MILLION)
    • SECURITY AND SURVEILLANCE
      • Table ITS MARKET FOR SECURITY AND SURVEILLANCE APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • SHUTTLE BUS TRACKING
      • Table ITS MARKET FOR SHUTTLE BUS TRACKING APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • TRAVELER INFORMATION
      • Table ITS MARKET FOR TRAVELER INFORMATION APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • SMART TICKETING
      • Table ITS MARKET FOR SMART TICKETING APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • AIRCRAFT MANAGEMENT
      • Table ITS MARKET FOR AIRCRAFT MANAGEMENT APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • EMERGENCY NOTIFICATION
      • Table ITS MARKET FOR EMERGENCY NOTIFICATION APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • OTHERS
      • Table ITS MARKET FOR OTHER APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
  • ITS MARKET IN MARITIME, BY APPLICATION
    • INTRODUCTION
      • Table ITS MARKET FOR MARITIME, BY APPLICATION, 2015–2023 (USD BILLION)
    • FREIGHT ARRIVAL AND TRANSIT
      • Table ITS MARKET FOR FREIGHT ARRIVAL AND TRANSIT APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • REAL-TIME WEATHER INFORMATION
      • Table ITS MARKET FOR REAL-TIME WEATHER INFORMATION APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • SCHEDULING OF CONTAINER MOVEMENT
      • Table ITS MARKET FOR SCHEDULING OF CONTAINER MOVEMENT APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • EMERGENCY NOTIFICATION
      • Table ITS MARKET FOR EMERGENCY NOTIFICATION APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
    • OTHERS
      • Table ITS MARKET FOR OTHER APPLICATIONS, BY REGION, 2015–2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table ITS MARKET FOR ROADWAYS, BY REGION, 2015–2023 (USD BILLION)
      • Table ITS MARKET FOR RAILWAYS, BY REGION, 2015–2023 (USD BILLION)
      • Table ITS MARKET FOR AVIATION, BY REGION, 2015–2023 (USD BILLION)
      • Table ITS MARKET FOR MARITIME, BY REGION, 2015–2023 (USD BILLION)
    • NORTH AMERICA
      • Table ITS MARKET FOR ROADWAYS IN NORTH AMERICA, BY COUNTRY, 2015–2023 (USD BILLION)
      • Table ITS MARKET FOR ROADWAYS IN NORTH AMERICA, BY SYSTEM, 2015–2023 (USD BILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table ITS MARKET FOR ROADWAYS IN EUROPE, BY COUNTRY, 2015–2023 (USD BILLION)
      • Table ITS MARKET FOR ROADWAYS IN EUROPE, BY SYSTEM, 2015–2023 (USD BILLION)
      • UK
      • GERMANY
      • FRANCE
      • ITALY
      • SPAIN
      • BELGIUM
      • POLAND
      • DENMARK
      • AUSTRIA
      • SWEDEN
      • REST OF EUROPE
    • APAC
      • Table ITS MARKET FOR ROADWAYS IN APAC, BY COUNTRY, 2015–2023 (USD BILLION)
      • Table ITS MARKET FOR ROADWAYS IN APAC, BY SYSTEM, 2015–2023 (USD BILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • INDIA
      • AUSTRALIA
      • REST OF APAC
    • REST OF WORLD (ROW)
      • Table ITS MARKET FOR ROADWAYS IN ROW, BY COUNTRY, 2015–2023 (USD BILLION)
      • Table ITS MARKET FOR ROADWAYS IN ROW, BY SYSTEM, 2015–2023 (USD BILLION)
      • SOUTH AMERICA
      • AFRICA
      • MIDDLE EAST
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS OF PLAYERS, 2017
      • Table MARKET RANKING FOR INTELLIGENT TRANSPORTATION SYSTEM (ITS) MARKET, 2017
    • COMPETITIVE SCENARIO
      • PRODUCT DEVELOPMENTS AND LAUNCHES
        • Table PRODUCT DEVELOPMENTS AND LAUNCHES, 2015–2017
      • PARTNERSHIPS, CONTRACTS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, CONTRACTS, AGREEMENTS, AND COLLABORATIONS, 2017
      • ACQUISITIONS
        • Table ACQUISITIONS, 2016-2017
  • COMPANY PROFILE
    • KEY PLAYERS
      • THALES
      • SIEMENS
      • GARMIN
      • KAPSCH TRAFFICCOM
      • TOMTOM INTERNATIONAL
      • CUBIC
      • Q-FREE
      • EFKON
      • FLIR SYSTEMS
      • DENSO
    • KEY INNOVATORS
      • GEOTOLL
      • ELECTRICFEEL
      • DOUBLEMAP
      • BESTMILE
      • NUTONOMY
    • OTHER COMPANIES IN ITS MARKET
      • ITERIS
      • RICARDO
      • SAVARI
      • TRANSCORE
      • LANNER ELECTRONICS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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