Global Intelligent Transportation System (ITS) Market to Witness a Pronounce Growth During 2025 – QY research

This report studies the Intelligent Transportation System (ITS) market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

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An intelligent transportation system (ITS) is an advanced application which, without embodying intelligence as such, aims to provide innovative services relating to different modes of transport and traffic management and enable users to be better informed and make safer, more coordinated, and ‘smarter’ use of transport networks.

On the basis of application, the intelligent traffic control application held the largest share in 2017. This 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.

North America held the largest share of the global ITS market in 2017, while APAC is the most promising region for the ITS market, and the market in APAC is expected to witness the highest CAGR because of the increasing number of megacities and the growing population in developed and developing countries.

In 2017, the global Intelligent Transportation System (ITS) market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2018 and 2025.

This report focuses on the global top players, covered

Thales

Siemens

Garmin

Kapsch Trafficcom

Tomtom International

Cubic

Q-Free

Efkon

Flir Systems

Denso

Geotoll

Electricfeel

Doublemap

Bestmile

Nutonomy

Market segment by Regions/Countries, this report covers

North America

Europe

China

Rest of Asia Pacific

Central & South America

Middle East & Africa

Market segment by Type, the product can be split into

Advanced Traffic Management System

Advanced Traveler Information System

ITS-Enabled Transportation Pricing System

Advanced Public Transportation System

Commercial Vehicle Operation

Market segment by Application, the market can be split into

Fleet Management and Asset Monitoring

Intelligent Traffic Control

Collision Avoidance

Parking Management

Passenger Information Management

Ticketing Management

Emergency Vehicle Notification

Automotive Telematics

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About QYResearch

QYResearch, established in 2007, focuses on custom research, management consulting, IPO consulting, industry chain research, and data base &seminar services.

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