Market Overview:
The global roadways and railways intelligent transport systems market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced traveler information systems, railways intelligent transport systems, and advanced public transportation systems across the globe. Additionally, the growing trend of cooperative vehicle systems is also expected to fuel the growth of this market in the coming years.
Product Definition:
The term "roadways and railways intelligent transport systems" generally refers to a range of technologies that can be used to manage traffic flow on roads and railways. These systems can include things like variable speed limits, real-time traffic information, and congestion charging schemes. The goal of these systems is to make the transportation network more efficient and reduce congestion.
Advanced Traveler Information Systems (ATIS):
Advanced traveler information systems (ATIS) is a system that provides real-time information to travelers about the status of various transportation modes such as buses, trains, airplanes and cruise ships. The primary function of an ATIS system is to provide accurate and up-to-date information regarding the location and status of vehicles in transit. It also enables passengers to obtain real-time transport schedule for all modes from a single platform.
Railways Intelligent Transport Systems (ITS):
Railways intelligent transport systems (ITS) is an integrated system that comprises of vehicle tracking, condition monitoring, and information management technologies used for improving the efficiency and safety of rail transportation. It provides real-time information to the concerned authorities in case of any accident or mishap occurs on railway tracks.
The key application areas include public transportation, roadways & railways intelligent transport systems market, traffic control center applications etc.
Application Insights:
Roadways application segment accounted for the largest share in 2016 and is projected to grow at a CAGR of XX% from 2017 to 2030. The growing importance of roadways as a mode of transportation has led to an increase in the adoption of driver¢â‚¬â„¢s aids such as Global Positioning Systems (GPS) and vehicle tracking systems, which, in turn, is expected to drive its demand over the forecast period.
The railways application segment is anticipated witness significant growth during the forecast period owing to increasing government investments for expanding railway infrastructure across various regions. For instance, according with China¢â‚¬â„¢s Ministry Of Railways ¢â€š¹€œ 2015 - 2020", China plans to invest USD 4 trillion in rail network expansion which includes new railway construction and improvements on existing railways.
Regional Analysis:
The North American region dominated the global market in 2017 and is expected to maintain its position over the forecast period. The growth can be attributed to increasing investments in infrastructure development, technological advancements, and government initiatives. For instance, according to a white paper released by the Government of Canada on March 22nd 2018 titled “A New Vision†it was stated that “Innovation is at the heart of our new vision for transportation.
The Asia Pacific regional intelligent transport systems market is anticipated to witness significant growth over the forecast period owing high investment opportunities in developing countries such as India & China along with other South East Asian economies.
Growth Factors:
- Increasing demand for intelligent transport systems from the logistics and transportation sector to optimize operations and improve safety.
- Rising government investment in intelligent transport systems to manage traffic congestion and improve urban mobility.
- Proliferation of smart cities which are increasingly adopting intelligent transport systems for efficient management of resources.
- Development of next-generation technologies such as autonomous vehicles, which will require deployment of advanced ITS infrastructure.
Scope Of The Report
Report Attributes
Report Details
Report Title
Roadways & Railways Intelligent Transport Systems Market Research Report
By Type
Advanced Traveler Information Systems (ATIS), Railways Intelligent Transport Systems (ITS), Advanced Public Transportation Systems (APTS), Cooperative Vehicle Systems, Others
By Application
Roadways, Railways
By Companies
Siemens AG, Cisco Systems, Inc., ZTE Corporation, IBM, Microsoft, Intel Corporation, Oracle, Computer Science Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Roadways & Railways Intelligent Transport Systems Market Report Segments:
The global Roadways & Railways Intelligent Transport Systems market is segmented on the basis of:
Types
Advanced Traveler Information Systems (ATIS), Railways Intelligent Transport Systems (ITS), Advanced Public Transportation Systems (APTS), Cooperative Vehicle Systems, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Roadways, Railways
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens AG
- Cisco Systems, Inc.
- ZTE Corporation
- IBM
- Microsoft
- Intel Corporation
- Oracle
- Computer Science Corporation
Highlights of The Roadways & Railways Intelligent Transport Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Advanced Traveler Information Systems (ATIS)
- Railways Intelligent Transport Systems (ITS)
- Advanced Public Transportation Systems (APTS)
- Cooperative Vehicle Systems
- Others
- By Application:
- Roadways
- Railways
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Roadways & Railways Intelligent Transport Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Roadways & Railways Intelligent Transport Systems (RITS) is a global consortium of transportation agencies, technology providers and research organizations working together to develop innovative technologies for intelligent transportation systems.
Some of the major companies in the roadways & railways intelligent transport systems market are Siemens AG, Cisco Systems, Inc., ZTE Corporation, IBM, Microsoft, Intel Corporation, Oracle, Computer Science Corporation.
The roadways & railways intelligent transport systems market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Roadways & Railways Intelligent Transport Systems Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Roadways & Railways Intelligent Transport Systems Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Roadways & Railways Intelligent Transport Systems Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Roadways & Railways Intelligent Transport Systems Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Roadways & Railways Intelligent Transport Systems Market Size & Forecast, 2018-2028 4.5.1 Roadways & Railways Intelligent Transport Systems Market Size and Y-o-Y Growth 4.5.2 Roadways & Railways Intelligent Transport Systems Market Absolute $ Opportunity
Chapter 5 Global Roadways & Railways Intelligent Transport Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Roadways & Railways Intelligent Transport Systems Market Size Forecast by Type
5.2.1 Advanced Traveler Information Systems (ATIS)
5.2.2 Railways Intelligent Transport Systems (ITS)
5.2.3 Advanced Public Transportation Systems (APTS)
5.2.4 Cooperative Vehicle Systems
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Roadways & Railways Intelligent Transport Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Roadways & Railways Intelligent Transport Systems Market Size Forecast by Applications
6.2.1 Roadways
6.2.2 Railways
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Roadways & Railways Intelligent Transport Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Roadways & Railways Intelligent Transport Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Roadways & Railways Intelligent Transport Systems Analysis and Forecast
9.1 Introduction
9.2 North America Roadways & Railways Intelligent Transport Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Roadways & Railways Intelligent Transport Systems Market Size Forecast by Type
9.6.1 Advanced Traveler Information Systems (ATIS)
9.6.2 Railways Intelligent Transport Systems (ITS)
9.6.3 Advanced Public Transportation Systems (APTS)
9.6.4 Cooperative Vehicle Systems
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Roadways & Railways Intelligent Transport Systems Market Size Forecast by Applications
9.10.1 Roadways
9.10.2 Railways
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Roadways & Railways Intelligent Transport Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Roadways & Railways Intelligent Transport Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Roadways & Railways Intelligent Transport Systems Market Size Forecast by Type
10.6.1 Advanced Traveler Information Systems (ATIS)
10.6.2 Railways Intelligent Transport Systems (ITS)
10.6.3 Advanced Public Transportation Systems (APTS)
10.6.4 Cooperative Vehicle Systems
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Roadways & Railways Intelligent Transport Systems Market Size Forecast by Applications
10.10.1 Roadways
10.10.2 Railways
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Roadways & Railways Intelligent Transport Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Roadways & Railways Intelligent Transport Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Roadways & Railways Intelligent Transport Systems Market Size Forecast by Type
11.6.1 Advanced Traveler Information Systems (ATIS)
11.6.2 Railways Intelligent Transport Systems (ITS)
11.6.3 Advanced Public Transportation Systems (APTS)
11.6.4 Cooperative Vehicle Systems
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Roadways & Railways Intelligent Transport Systems Market Size Forecast by Applications
11.10.1 Roadways
11.10.2 Railways
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Roadways & Railways Intelligent Transport Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Roadways & Railways Intelligent Transport Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Roadways & Railways Intelligent Transport Systems Market Size Forecast by Type
12.6.1 Advanced Traveler Information Systems (ATIS)
12.6.2 Railways Intelligent Transport Systems (ITS)
12.6.3 Advanced Public Transportation Systems (APTS)
12.6.4 Cooperative Vehicle Systems
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Roadways & Railways Intelligent Transport Systems Market Size Forecast by Applications
12.10.1 Roadways
12.10.2 Railways
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Roadways & Railways Intelligent Transport Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Roadways & Railways Intelligent Transport Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Roadways & Railways Intelligent Transport Systems Market Size Forecast by Type
13.6.1 Advanced Traveler Information Systems (ATIS)
13.6.2 Railways Intelligent Transport Systems (ITS)
13.6.3 Advanced Public Transportation Systems (APTS)
13.6.4 Cooperative Vehicle Systems
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Roadways & Railways Intelligent Transport Systems Market Size Forecast by Applications
13.10.1 Roadways
13.10.2 Railways
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Roadways & Railways Intelligent Transport Systems Market: Competitive Dashboard
14.2 Global Roadways & Railways Intelligent Transport Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens AG
14.3.2 Cisco Systems, Inc.
14.3.3 ZTE Corporation
14.3.4 IBM
14.3.5 Microsoft
14.3.6 Intel Corporation
14.3.7 Oracle
14.3.8 Computer Science Corporation