The global Intelligent Transportation System (ITS) Market is expected to reach USD 48.17 Billion by 2027, according to a new report by Emergen Research. The increasing number of on-road vehicles and inefficient existing transport infrastructure will encourage the need for an intelligent transportation system. Actions by the government towards establishing a more reliable infrastructure and running the transport system easily are anticipated to grow the market globally.
The global health crisis has gravely affected the Intelligent Transportation System industry, disrupting the global supply chains and bringing about volatility in prices and product demand. However, industry experts believe that the global Intelligent Transportation System market will regain traction in the post-COVID scenario. The report further offers a preliminary and a future assessment of the pandemic’s impact on this lucrative business space.
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Key companies profiled in the report include:
Thales Group, Garmin, Siemens, Tomtom International BV, Flir Systems, Inc., Q-Free, Cisco Systems, Efkon GMBH, Indra Sistemas, S.A., and Denso Corporation.
Key Questions Answered by the Report:
What are the key product types and applications of the Intelligent Transportation System industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Intelligent Transportation System market?
How is the competitive landscape of the Intelligent Transportation System market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Intelligent Transportation System Market by 2027?
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Mode of Transport Outlook (Revenue, USD Billion; 2017-2027)
Systems Outlook (Revenue, USD Billion; 2017-2027)
- Advanced Traveler Information System
- Advanced Public Transportation System
- Advanced Traffic Management System
- ITS-Enabled Transportation Pricing System
- Commercial Vehicle Operation
Application Outlook (Revenue, USD Billion; 2017-2027)
- Intelligent Traffic Control
- Parking Management
- Fleet Management and Asset Monitoring
- Collision Avoidance
- Passenger Information Management
- Emergency Vehicle Notification
- Ticketing Management
- Automotive Telematics
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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