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Automotive and Transportation

Global Intelligent Transportation System Market Size study, by Type (Advanced Traveler Information System (ATIS), Advanced Traffic Management Systems (ATMS), Advanced Public Transportation System (APTS), Advanced Transportation Pricing Systems (ATPS), Emergency Management System (EMS)), by Application (Traffic Management, Road Safety and Security, Public Transport, Environment Protection, Parking Management, Automotive Telematics, Others) and Regional Forecasts 2020-2027

  • BIZ3921554
  • 200 Pages
  • June 2020
  • Automotive and Transportation
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Global Intelligent Transportation System Market is valued at approximately USD 26.5 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.8% over the forecast period 2020-2027. An intelligent transportation system (ITS) is a sophisticated technology that aims to offer advanced services relating to distinct modes of transport and traffic management solutions, such as smart parking assistance, fleet management, intelligent traffic management, and so on. These systems also enable the customers to be better informed about the traffic management and make safer, and more coordinated use of transport networks. ITS system involves its usage in road transport, as well as an effective metro/underground rail system. ITS entails the restoration of overall technological aspects, such as GPS, Dedicated Short Range Communication (DSRC), Carrier Access for Land Mobiles (CALM), many more. Therefore, this factor is anticipated to accelerate market growth around the world. Furthermore, the increasing number of smart cities projects in the developed & developing nations, along with the rapidly growing number of vehicles on the road are few other factors responsible for the market growth during the forecast period. For instance, as per the government insider, in 2018, there are 1000 smart city pilot projects around the world of which China is to home to 500 smart city pilot projects, covering large as well as small cities. Further, the country has invested USD 46.52 billion in 2017 for the development of pilot projects. This, in turn, is likely to accelerate the usage of intelligent transportation systems around the world. Recently, the COVID-19 is widely spread throughout the world, thus various regional governments are putting temporary restrictions on the movement of goods, services, and people to prevent the spread of novel coronavirus, and thus, causing supply disruptions and shortage of raw material. This is likely to inhibit the production and demand for intelligent transportation systems thereby the market would decline significantly at least in this year. However, the high installation & maintenance cost and increased data complexity issues are the major factors hindering the market growth over the forecast period of 2020-2027.

The regional analysis of the global Intelligent Transportation System market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the high adoption of IoT sensors in an extensive range of road transport applications, along with the significant initiatives opt by the market vendors for promoting the use of ITS in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rapidly growing digitization in the field of the transportation infrastructure, along with the rise in the number of road crashes or fatalities would create lucrative growth prospects for the Intelligent Transportation System market across the Asia-Pacific region.

Major market player included in this report are:

ADDCO

Agero, Inc.

Denso Corporation

EFKON GmbH

Hitachi, Ltd.

Garmin Ltd.

Iteris, Inc.

Kapsch TrafficCom AG

Lanner Inc.

Nuance Communications

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Advanced Traveller Information System (ATIS)

Advanced Traffic Management Systems (ATMS)

Advanced Public Transportation System (APTS)

Advanced Transportation Pricing Systems (ATPS)

Emergency Management System (EMS)

By Application:

Traffic Management

Road Safety and Security

Public Transport

Environment Protection

Parking Management

Automotive Telematics

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Intelligent Transportation System Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. Intelligent Transportation System Market, by Region, 2018-2027 (USD Billion)

1.2.2. Intelligent Transportation System Market, by Type, 2018-2027 (USD Billion)

1.2.3. Intelligent Transportation System Market, by Application, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Intelligent Transportation System Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Intelligent Transportation System Market Dynamics

3.1. Intelligent Transportation System Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Intelligent Transportation System Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Intelligent Transportation System Market, by Type

5.1. Market Snapshot

5.2. Global Intelligent Transportation System Market by Type, Performance - Potential Analysis

5.3. Global Intelligent Transportation System Market Estimates & Forecasts by Type 2017-2027 (USD Billion)

5.4. Intelligent Transportation System Market, Sub Segment Analysis

5.4.1. Advanced Traveler Information System (ATIS)

5.4.2. Advanced Traffic Management Systems (ATMS)

5.4.3. Advanced Public Transportation System (APTS)

5.4.4. Advanced Transportation Pricing Systems (ATPS)

5.4.5. Emergency Management System (EMS)

Chapter 6. Global Intelligent Transportation System Market, by Application

6.1. Market Snapshot

6.2. Global Intelligent Transportation System Market by Application, Performance - Potential Analysis

6.3. Global Intelligent Transportation System Market Estimates & Forecasts by Application 2017-2027 (USD Billion)

6.4. Intelligent Transportation System Market, Sub Segment Analysis

6.4.1. Traffic Management

6.4.2. Road Safety and Security

6.4.3. Public Transport

6.4.4. Environment Protection

6.4.5. Parking Management

6.4.6. Automotive Telematics

6.4.7. Others

Chapter 7. Global Intelligent Transportation System Market, Regional Analysis

7.1. Intelligent Transportation System Market, Regional Market Snapshot

7.2. North America Intelligent Transportation System Market

7.2.1. U.S. Intelligent Transportation System Market

7.2.1.1. Type breakdown estimates & forecasts, 2017-2027

7.2.1.2. Application breakdown estimates & forecasts, 2017-2027

7.2.2. Canada Intelligent Transportation System Market

7.3. Europe Intelligent Transportation System Market Snapshot

7.3.1. U.K. Intelligent Transportation System Market

7.3.2. Germany Intelligent Transportation System Market

7.3.3. France Intelligent Transportation System Market

7.3.4. Spain Intelligent Transportation System Market

7.3.5. Italy Intelligent Transportation System Market

7.3.6. Rest of Europe Intelligent Transportation System Market

7.4. Asia-Pacific Intelligent Transportation System Market Snapshot

7.4.1. China Intelligent Transportation System Market

7.4.2. India Intelligent Transportation System Market

7.4.3. Japan Intelligent Transportation System Market

7.4.4. Australia Intelligent Transportation System Market

7.4.5. South Korea Intelligent Transportation System Market

7.4.6. Rest of Asia Pacific Intelligent Transportation System Market

7.5. Latin America Intelligent Transportation System Market Snapshot

7.5.1. Brazil Intelligent Transportation System Market

7.5.2. Mexico Intelligent Transportation System Market

7.6. Rest of The World Intelligent Transportation System Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. ADDCO

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. Agero, Inc.

8.2.3. Denso Corporation

8.2.4. EFKON GmbH

8.2.5. Hitachi, Ltd.

8.2.6. Garmin Ltd.

8.2.7. Iteris, Inc.

8.2.8. Kapsch TrafficCom AG

8.2.9. Lanner Inc.

8.2.10. Nuance Communications

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Intelligent Transportation System market, report scope

TABLE 2. Global Intelligent Transportation System market estimates & forecasts by region 2017-2027 (USD Billion)

TABLE 3. Global Intelligent Transportation System market estimates & forecasts by Type 2017-2027 (USD Billion)

TABLE 4. Global Intelligent Transportation System market estimates & forecasts by Application 2017-2027 (USD Billion)

TABLE 5. Global Intelligent Transportation System market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 6. Global Intelligent Transportation System market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 7. Global Intelligent Transportation System market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global Intelligent Transportation System market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global Intelligent Transportation System market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global Intelligent Transportation System market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global Intelligent Transportation System market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global Intelligent Transportation System market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global Intelligent Transportation System market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global Intelligent Transportation System market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global Intelligent Transportation System market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. Global Intelligent Transportation System market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. Global Intelligent Transportation System market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 18. Global Intelligent Transportation System market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 19. Global Intelligent Transportation System market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 20. Global Intelligent Transportation System market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 21. U.S. Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 22. U.S. Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 23. U.S. Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 24. Canada Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 25. Canada Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 26. Canada Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 27. UK Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 28. UK Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 29. UK Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 30. Germany Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 31. Germany Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 32. Germany Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 33. France Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 34. France Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 35. France Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 36. Spain Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 37. Spain Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 38. Spain Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 39. Italy Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 40. Italy Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 41. Italy Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 42. ROE Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 43. ROE Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 44. ROE Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 45. China Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 46. China Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 47. China Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 48. India Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 49. India Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 50. India Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 51. Japan Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 52. Japan Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 53. Japan Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 54. Australia Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 55. Australia Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 56. Australia Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 57. South Korea Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 58. South Korea Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 59. South Korea Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 60. ROPAC Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 61. ROPAC Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 62. ROPAC Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 63. Brazil Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 64. Brazil Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 65. Brazil Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 66. Mexico Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 67. Mexico Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 68. Mexico Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 69. ROLA Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 70. ROLA Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 71. ROLA Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 72. ROW Intelligent Transportation System market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 73. ROW Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 74. ROW Intelligent Transportation System market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 75. List of secondary sources, used in the study of global Intelligent Transportation System market

TABLE 76. List of primary sources, used in the study of global Intelligent Transportation System market

TABLE 77. Years considered for the study

TABLE 78. Exchange rates considered

 
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