Intelligent Transportation System Market

The market is predicted to display a fast development over the forecast timeline due to a rise in the implementation of smart transport systems to decrease traffic bottleneck problems and favorable government creativities that will foster the progress of smart transport infrastructure. ITS combines numerous types of advanced communication & information technologies to form a network of systems that contribute to handling traffic and change the way users, businesses, and governments deal with transport. It is expected at providing advanced services to many transference methods and traffic management solutions such as smart parking assistance, fleet management, intelligent traffic management, smart ticketing solutions, passenger information solution, security & surveillance, and mobility services. Numerous government creativities for smart city development have also activated the acceptance of resolutions to enhance transport connectivity. The growth factor of the market is the fast implementation of IoT to convert the transportation industry by automating roadway, airway, waterway, & railway transportation systems and providing better user knowledge. The acceptance of IoT solutions for smart cities and transportation offers real-time visibility and accurate data, permitting governments to recover their efficiency while developing smarter cities. Additionally, a rise in the use of real-time data by traffic authorities to solve traffic congestion issues and decrease the chances of accidents will also drive the demand for ITS. The global market is segregated on the basis of Protocol as Short Range, Long Range, IEEE 1512, Traffic Management Data Dictionary (TMDD), and Others. Based on Offering the global market is segmented in Hardware, Software, and Services. Based on System the global market is segmented in Advanced Traffic Management System (ATMS), Advanced Traveler Information System (ATIS), ITS-Enabled Transportation Pricing System, Advanced Public Transportation System (APTS), and Commercial Vehicle Operation. Based on Application, the global market is segmented in Fleet Management and Asset Monitoring, Intelligent Traffic Control, Collision Avoidance, Parking Management, Passenger Information Management, Ticketing Management, Emergency Vehicle Notification, and Automotive Telematics. The report also bifurcates the global market based on Solution in Rail Network Operation, Integrated Rail Operation, Security and Encryption Framework, and Asset Management and Maintenance. The global market is segmented in Air Traffic Management, Airline and Airport Operations, and Others.

The global market report provides geographical analysis covering regions, such as North America, Europe, Asia Pacific, South America, and Middle East & Africa. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Thales, Siemens, Garmin, Kapsch Trafficcom, Tomtom International, Cubic, Q-Free, Efkon, Flir Systems, Denso, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

The global Intelligent Transportation System market has been segmented as below:

By Protocol

• Short Range
  • WAVE
  • WPAN
• Long Range
  • WIMAX
  • OFDM
• IEEE 1512
• Traffic Management Data Dictionary (TMDD)
• Others

By Offering

• Hardware
  • Interface Board
    • Multifunctional Board
    • Vehicle Detection Board
    • Communication Board
  • Sensor
    • Vehicle Detection Sensor
    • Pedestrian Presence Sensor
    • Speed Sensor
  • Surveillance Camera
    • Thermal Camera
    • Aid Camera
  • Telecommunication Network
    • Fiber Optics
    • Copper Line
    • Wireless Media
  • Monitoring and Detection System
    • Automatic Number Plate Detection
    • Intelligent Traffic Controller
  • Others
    • Linked Traffic Controller
    • Variable Message Sign
• Software
  • Visualization Software
  • Video Detection Management Software
  • Transit Management System
  • Others
• Services
  • Business and Cloud Services
  • Support and Maintenance Services

By System

• Advanced Traffic Management System (ATMS)
• Advanced Traveler Information System (ATIS)
• ITS-Enabled Transportation Pricing System
• Advanced Public Transportation System (APTS)
• Commercial Vehicle Operation

By Application

• Fleet Management and Asset Monitoring
  • Traffic Monitoring
  • Traffic Signal Control
  • Traffic Enforcement Cameras
  • Variable Traffic Message Sign
• Intelligent Traffic Control
• Collision Avoidance
• Parking Management
• Passenger Information Management
• Ticketing Management
• Emergency Vehicle Notification
• Automotive Telematics

By Solution

• Rail Network Operation 
• Integrated Rail Operation
• Security and Encryption Framework
• Asset Management and Maintenance 

By System

• Air Traffic Management
• Airline and Airport Operations
• Others

By Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

By Company

• Thales
• Siemens
• Garmin
• Kapsch Trafficcom
• Tomtom International
• Cubic
• Q-Free
• Efkon
• Flir Systems
• Denso
• Addco LLC
• Conduent Inc
• Daktronics
• EFKON AG
• IBM Corp
• Indra Sistemas, S.A.
• Iteris Inc
• Lanner Electronics Inc
• Teledyne Flir LLC
• WS Atkins plc
  

The report covers the below scope:

• Global market sizes from 2019 to 2025, along with CAGR for 2019-2025
• Market size comparison for 2019 vs 2025, with actual data for 2019, estimates for 2020 and forecast from 2021 to 2025
• Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis of competition pattern, portfolio comparisons, development trends, and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2020
• Projected year - 2021
• Forecast period - 2021 to 2025

Report Scope:

The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include Thales, Siemens, Garmin, Kapsch Trafficcom, Tomtom International, Cubic, Q-Free, Efkon, Flir Systems, Denso, and others.

Why Buy this Report:

• Gain detailed insights on the Intelligent Transportation System industry trends
• Find a complete analysis of the market status
• Identify the market opportunities and growth segments
• Analyze competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted the existing players in the industry is as follows:

• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

2. Research Methodology

            2.1 Research Scope

            2.2 Market Research Process

            2.3 Research Data Analysis

                        2.4.1 Secondary Research

                        2.4.2 Primary Research

                        2.4.3 Models for Estimation

            2.5 Market Size Estimation

                        2.5.1 Bottom-Up Approach - Segmental Market Analysis

                        2.5.2 Top-Down Approach - Parent Market Analysis

3. Executive Summary
4. Market Overview

            4.1 Introduction

                        4.2.1 Drivers

                        4.2.2 Restraints

                        4.2.3 Opportunities

                        4.2.4 Challenges

            4.2 Porter's Five Force Analysis

5. Intelligent Transportation System Market, By Protocol

            5.1 Introduction

            5.2 Short Range

                        5.2.1 Market Overview

                        5.2.2 Market Size and Forecast

            5.3 Long Range

                        5.3.1 Market Overview

                        5.3.2 Market Size and Forecast

            5.4 IEEE 1512

                        5.4.1 Market Overview

                        5.4.2 Market Size and Forecast

            5.5 Traffic Management Data Dictionary (TMDD)

                        5.5.1 Market Overview

                        5.5.2 Market Size and Forecast

            5.6 Others

                        5.6.1 Market Overview

                        5.6.2 Market Size and Forecast

6. Intelligent Transportation System Market, By Offering

            6.1 Introduction

            6.2 Hardware

                        6.2.1 Market Overview

                        6.2.2 Market Size and Forecast

            6.3 Software

                        6.3.1 Market Overview

                        6.3.2 Market Size and Forecast

            6.4 Services

                        6.4.1 Market Overview

                        6.4.2 Market Size and Forecast

7. Intelligent Transportation System Market, By System

            7.1 Introduction

            7.2 Advanced Traffic Management System (ATMS)

                        7.2.1 Market Overview

                        7.2.2 Market Size and Forecast

            7.3 Advanced Traveler Information System (ATIS)

                        7.3.1 Market Overview

                        7.3.2 Market Size and Forecast

            7.4 ITS-Enabled Transportation Pricing System

                        7.4.1 Market Overview

                        7.4.2 Market Size and Forecast

            7.5 Advanced Public Transportation System (APTS)

                        7.5.1 Market Overview

                        7.5.2 Market Size and Forecast

            7.6 Commercial Vehicle Operation

                        7.6.1 Market Overview

                        7.6.2 Market Size and Forecast

8. Intelligent Transportation System Market, By Application

            8.1 Introduction

            8.2 Fleet Management and Asset Monitoring

                        8.2.1 Market Overview

                        8.2.2 Market Size and Forecast

            8.3 Intelligent Traffic Control

                        8.3.1 Market Overview

                        8.3.2 Market Size and Forecast

            8.4 Collision Avoidance

                        8.4.1 Market Overview

                        8.4.2 Market Size and Forecast

            8.5 Parking Management

                        8.5.1 Market Overview

                        8.5.2 Market Size and Forecast

            8.6 Passenger Information Management

                        8.6.1 Market Overview

                        8.6.2 Market Size and Forecast

            8.7 Ticketing Management

                        8.7.1 Market Overview

                        8.7.2 Market Size and Forecast

            8.8 Emergency Vehicle Notification

                        8.8.1 Market Overview

                        8.8.2 Market Size and Forecast

            8.9 Automotive Telematics

                        8.9.1 Market Overview

                        8.9.2 Market Size and Forecast

9. Intelligent Transportation System Market, By Solution

            9.1 Introduction

            9.2 Rail Network Operation 

                        9.2.1 Market Overview

                        9.2.2 Market Size and Forecast

            9.3 Integrated Rail Operation

                        9.3.1 Market Overview

                        9.3.2 Market Size and Forecast

            9.4 Security and Encryption Framework

                        9.4.1 Market Overview

                        9.4.2 Market Size and Forecast

            9.5 Asset Management and Maintenance 

                        9.5.1 Market Overview

                        9.5.2 Market Size and Forecast

10. Intelligent Transportation System Market, By System

            10.1 Introduction

            10.2 Air Traffic Management

                        10.2.1 Market Overview

                        10.2.2 Market Size and Forecast

            10.3 Airline and Airport Operations

                        10.3.1 Market Overview

                        10.3.2 Market Size and Forecast

            10.4 Others

                        10.4.1 Market Overview

                        10.4.2 Market Size and Forecast

11. Intelligent Transportation System Market, By Geography

            11.1 Introduction

            11.2 North America

                        11.2.1 North America Market, By Protocol

                        11.2.2 North America Market, By Offering

                        11.2.3 North America  Market, By System

                        11.2.4 North America Market, By Application

                        11.2.5 North America Market, By Solution

                        11.2.6 North America Market, By System

            11.3 Europe

                        11.3.1 Europe Market, By Protocol

                        11.3.2 Europe Market, By Offering

                        11.3.3 Europe Market, By System

                        11.3.4 Europe Market, By Application

                        11.3.5 Europe Market, By Solution

                        11.3.6 Europe Market, By System

            11.4 Asia Pacific

                        11.4.1 Asia Pacific Market, By Protocol

                        11.4.2 Asia Pacific Market, By Offering

                        11.4.3 Asia Pacific Market, By System

                        11.4.4 Asia Pacific Market, By Application

                        11.4.5 Asia Pacific Market, By Solution

                        11.4.6 Asia Pacific Market, By System

            11.5 South America

                        11.5.1 South America Market, By Protocol

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