The global intelligent transport system (ITS) market is expected to grow from USD 3.5 billion in 2016 to USD 5.2 billion by 2030, at a CAGR of 6.6% during the forecast period. The growth of the market can be attributed to factors such as increasing demand for public transportation and freight services, growing need for safety on roads, and increasing investments in ITS infrastructure by governments across the globe.
The network management systems segment is expected to lead the ITS market during the forecast period owing to its wide range of applications in various industries such as railways, highways, and freight & commercial ITS. The public transport ITS segment is projected to grow at a higher CAGR than other segments due to increased investments by governments across regions in this sector for improving passenger safety and reducing traffic congestion on roads.
Some Of The Growth Factors Of This Market:
- The growth of the ITS market is driven by the increasing demand for intelligent transportation systems in emerging economies such as India and China.
- The increasing number of vehicles on roads, growing population, and urbanization are some factors that are driving the growth of the ITS market.
- Increasing investments in smart infrastructure projects by governments across the globe is also driving the growth of this market.
- Increasing focus on safety and security will drive this market.
Industry Growth Insights published a new data on “Intelligent Transport System (ITS) Market”. The research report is titled “Intelligent Transport System (ITS) Market research by Types (Network Management Systems, Public Transport ITS, Freight And Commercial ITS, Road Safety System), By Applications (Railway, Highway, Freight, Other), By Players/Companies 3M, Kapsch Group, Neology, Q-Free, Siemens, TransCore, ADDCO LLC, Agero, DENSO CORPORATION, EFKON, International Road Dynamics, KLD Engineering, Lanner, Peek Traffic Corporation, Traffic Tech (Gulf)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Transport System (ITS) Market Research Report
By Type
Network Management Systems, Public Transport ITS, Freight And Commercial ITS, Road Safety System
By Application
Railway, Highway, Freight, Other
By Companies
3M, Kapsch Group, Neology, Q-Free, Siemens, TransCore, ADDCO LLC, Agero, DENSO CORPORATION, EFKON, International Road Dynamics, KLD Engineering, Lanner, Peek Traffic Corporation, Traffic Tech (Gulf)
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Intelligent Transport System (ITS) Market Report Segments:
The global Intelligent Transport System (ITS) market is segmented on the basis of:
Types
Network Management Systems, Public Transport ITS, Freight And Commercial ITS, Road Safety System
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
Railway, Highway, Freight, Other
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:
- 3M
- Kapsch Group
- Neology
- Q-Free
- Siemens
- TransCore
- ADDCO LLC
- Agero
- DENSO CORPORATION
- EFKON
- International Road Dynamics
- KLD Engineering
- Lanner
- Peek Traffic Corporation
- Traffic Tech (Gulf)
 Market Overview.svg)
Highlights of The Intelligent Transport System (ITS) 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:
- Network Management Systems
- Public Transport ITS
- Freight And Commercial ITS
- Road Safety System
- By Application:
- Railway
- Highway
- Freight
- Other
- 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 Intelligent Transport System (ITS) 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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 Market Statistics.svg)
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?
ITS is a suite of technologies that allow for the safe and efficient movement of people and goods through an urban area. ITS technologies can include things like traffic signals, road signs, parking meters, and cameras. ITS helps to improve traffic flow by managing congestion and providing real-time information about conditions on the roads.
Some of the key players operating in the intelligent transport system (its) market are 3M, Kapsch Group, Neology, Q-Free, Siemens, TransCore, ADDCO LLC, Agero, DENSO CORPORATION, EFKON, International Road Dynamics, KLD Engineering, Lanner, Peek Traffic Corporation, Traffic Tech (Gulf).
The intelligent transport system (its) market is expected to grow at a compound annual growth rate of 6.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intelligent Transport System (ITS) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Intelligent Transport System (ITS) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intelligent Transport System (ITS) Market - Supply Chain
4.5. Global Intelligent Transport System (ITS) Market Forecast
4.5.1. Intelligent Transport System (ITS) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intelligent Transport System (ITS) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intelligent Transport System (ITS) Market Absolute $ Opportunity
5. Global Intelligent Transport System (ITS) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Intelligent Transport System (ITS) Market Size and Volume Forecast by Type
5.3.1. Network Management Systems
5.3.2. Public Transport ITS
5.3.3. Freight And Commercial ITS
5.3.4. Road Safety System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intelligent Transport System (ITS) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Intelligent Transport System (ITS) Market Size and Volume Forecast by Application
6.3.1. Railway
6.3.2. Highway
6.3.3. Freight
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intelligent Transport System (ITS) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Intelligent Transport System (ITS) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Intelligent Transport System (ITS) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Intelligent Transport System (ITS) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Intelligent Transport System (ITS) Demand Share Forecast, 2019-2026
9. North America Intelligent Transport System (ITS) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Intelligent Transport System (ITS) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Intelligent Transport System (ITS) Market Size and Volume Forecast by Application
9.4.1. Railway
9.4.2. Highway
9.4.3. Freight
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intelligent Transport System (ITS) Market Size and Volume Forecast by Type
9.7.1. Network Management Systems
9.7.2. Public Transport ITS
9.7.3. Freight And Commercial ITS
9.7.4. Road Safety System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Intelligent Transport System (ITS) Demand Share Forecast, 2019-2026
10. Latin America Intelligent Transport System (ITS) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Intelligent Transport System (ITS) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Intelligent Transport System (ITS) Market Size and Volume Forecast by Application
10.4.1. Railway
10.4.2. Highway
10.4.3. Freight
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intelligent Transport System (ITS) Market Size and Volume Forecast by Type
10.7.1. Network Management Systems
10.7.2. Public Transport ITS
10.7.3. Freight And Commercial ITS
10.7.4. Road Safety System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Intelligent Transport System (ITS) Demand Share Forecast, 2019-2026
11. Europe Intelligent Transport System (ITS) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Intelligent Transport System (ITS) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Intelligent Transport System (ITS) Market Size and Volume Forecast by Application
11.4.1. Railway
11.4.2. Highway
11.4.3. Freight
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intelligent Transport System (ITS) Market Size and Volume Forecast by Type
11.7.1. Network Management Systems
11.7.2. Public Transport ITS
11.7.3. Freight And Commercial ITS
11.7.4. Road Safety System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Intelligent Transport System (ITS) Demand Share, 2019-2026
12. Asia Pacific Intelligent Transport System (ITS) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Intelligent Transport System (ITS) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Intelligent Transport System (ITS) Market Size and Volume Forecast by Application
12.4.1. Railway
12.4.2. Highway
12.4.3. Freight
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intelligent Transport System (ITS) Market Size and Volume Forecast by Type
12.7.1. Network Management Systems
12.7.2. Public Transport ITS
12.7.3. Freight And Commercial ITS
12.7.4. Road Safety System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Intelligent Transport System (ITS) Demand Share, 2019-2026
13. Middle East & Africa Intelligent Transport System (ITS) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Intelligent Transport System (ITS) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Intelligent Transport System (ITS) Market Size and Volume Forecast by Application
13.4.1. Railway
13.4.2. Highway
13.4.3. Freight
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intelligent Transport System (ITS) Market Size and Volume Forecast by Type
13.7.1. Network Management Systems
13.7.2. Public Transport ITS
13.7.3. Freight And Commercial ITS
13.7.4. Road Safety System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Intelligent Transport System (ITS) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Intelligent Transport System (ITS) Market: Market Share Analysis
14.2. Intelligent Transport System (ITS) Distributors and Customers
14.3. Intelligent Transport System (ITS) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kapsch Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Neology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Q-Free
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TransCore
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ADDCO LLC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Agero
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DENSO CORPORATION
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EFKON
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. International Road Dynamics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. KLD Engineering
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Lanner
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Peek Traffic Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Traffic Tech (Gulf)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
