Intelligent Transportation Systems Market Growth:

Washington, D.C., United States: Straits Research's latest report on, Intelligent Transportation Systems Market - Global Industry Overview and Forecast 2022-2030, highlights potential, risk factor analyses, and enhanced with strategic and tactical decision-making assistance. The growth and regulatory factors impacting information consumption, the availability of highly dependable items in the market, and the improvement in operating efficiency of Intelligent Transportation Systems industry players. According to the Straits Research, Intelligent Transportation Systems Market Size is Projected to grow at a CAGR of 5.75% during the forecast period. Intelligent Transportation Systems Market Scope report covers market trends and development, drivers, capacities, technologies, and the changing dynamics of the Intelligent Transportation Systems Market.

Competitive Landscape

Some of the prominent players operating in the Intelligent Transportation Systems market are

  1. Siemens (Germany)
  2. Thales Group (France)
  3. Kapsch TrafficCom (Austria)
  4. Cubic Corporation (US)
  5. Conduent, Inc. (US)
  6. Garmin Ltd. (US)
  7. TomTom International BV (Netherlands)
  8. Teledyne FLIR Systems, Inc. (US)
  9. Indra Sistemas (Spain); and Denso Corporation (Japan)

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Studies explore the effects of COVID-19 on the upstream, midstream, and downstream sectors of the industry. In addition, this analysis provides extensive market estimations by putting an emphasis on data covering numerous factors that encompass market dynamics such as market drivers, market barriers, market opportunities, market risks, and industry news and trends.

This research also provides a dashboard view of prominent Organization, highlighting their effective marketing tactics, market share and most recent advances in both historical and current settings.

Global Intelligent Transportation Systems Market: Segmentation

As a result of the Intelligent Transportation Systems market segmentation, the market is divided into sub-segments based on product type, application, as well as regional and country-level forecasts.

  1. Based on Offering
    1. Hardware
      1. Interface Boards
        1. Multifunctional boards
        2. Vehicle detection boards
        3. Communication boards
    2. Sensors
      1. Vehicle detection sensors
      2. Pedestrian presence sensors
      3. Speed sensors
    3. Surveillance Cameras
      1. Thermal cameras
      2. AID cameras
    4. Telecommunication Networks
      1. Fiber optic cables
      2. Copper lines
      3. Wireless media
    5. Monitoring and Detection Systems
      1. Automatic number plate recognition systems
      2. Intelligent traffic controllers
    6. Others (Linked Traffic Controllers and Variable Message Signboards)
    7. Software
      1. Visualization Software
      2. Video Detection Management Software
      3. Transit Management Software
      4. Others
    8. Services
      1. Business and Cloud Services
      2. Support and Maintenance Services
  2. Based on System
    1. Advanced Traffic Management Systems (ATMs)
    2. Advanced Traveller Information Systems (ATIS)
    3. ITS-enabled Transportation Pricing Systems (ITPS)
    4. Advanced Public Transportation Systems (APTS)
    5. Commercial Vehicle Operation (CVO) Systems
  3. Based on Roadways Application
    1. Intelligent Traffic Control
      1. Traffic Monitoring Systems
      2. Traffic Signal Control Systems
      3. Traffic Enforcement Cameras
      4. Variable Traffic Message Signboards
    2. Collision Avoidance
    3. Parking Management
    4. Passenger Information Management
    5. Ticketing Management
    6. Emergency Vehicle Notification
    7. Automotive Telematics
    8. Fleet Management and Asset Monitoring
  4. Based on Railways Application
    1. Rail-running Operation and Collision Avoidance
    2. Passenger Information Management
    3. Smart Ticketing
    4. Security & Surveillance
    5. Emergency Notification
    6. Others
  5. Based on Aviation Application
    1. Security & Surveillance
    2. Shuttle Bus Tracking
    3. Traveller Information Management
    4. Smart Ticketing
    5. Aircraft Management
    6. Emergency Notification
    7. Others
  6. Based on the Maritime Application
    1. Freight Arrival & Transit
    2. Real-time Weather Information Tracking
    3. Container Movement Scheduling
    4. Emergency Notification
    5. Others

The report forecasts revenue growth at all the geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2022 to 2030 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:

  • North America (U.S., Canada)
  • Europe (U.K., Germany, France, Italy)
  • Asia Pacific (China, India, Japan, Singapore, Malaysia)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

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The following are the report's key features:

  • It gives useful information on the Global Intelligent Transportation Systems Market.
  • Information for the years 2022-2030 is provided.
  • Market-related important factors are highlighted.
  • The latest technological innovations, government restrictions, and developments are presented.
  • This paper investigates advertising and marketing techniques, market trends, and analysis.
  • Growth projections and analyses by forecast 2030.
  • The statistical analysis of the market's leading competitors is emphasised.
  • Intelligent Transportation Systems Market summary based on extensive study.

Other aspects of the report include:

  • Provides a complete review of important tactics in numerous firms, with an emphasis on corporate structure, R&D processes, localization strategies, manufacturing capabilities, sales, and performance.
  • Provides essential product portfolio information, including product planning, development, and positioning.
  • Analyzes the role of significant market participants, as well as their collaborations, mergers, and acquisitions.

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