The global intelligent transportation systems industry market is expected to grow from USD 3.5 billion in 2017 to USD 5.2 billion by 2030, at a CAGR of 7.6% during the forecast period. The growth of this market is driven by the increasing demand for intelligent transportation systems in various industries such as rail, aviation, and automotive sectors due to their ability to improve safety and reduce traffic congestion.
The advanced traffic management segment accounted for the largest share of the global intelligent transportation systems industry in 2017 and is expected to continue its dominance throughout the forecast period owing to its wide range of applications across various industries such as rail, aviation, and automotive sectors. The electronic tolling segment accounted for a significant share of this market in 2017 owing to its wide range of applications across various industries such as rail, aviation, and automotive sectors which are expected to drive its growth over the next few years.
Some Of The Growth Factors Of This Market:
- The Intelligent Transportation Systems Industry is expected to reach $3,890 million by 2022.
- The Intelligent Transportation Systems Industry is expected to grow due to the increasing demand for transportation systems in developing countries and the need for more efficient transportation systems in developed countries.
- The Intelligent Transportation Systems Industry is also growing due to the increased use of technology in vehicles and infrastructure.
- Other factors that are driving growth are increased government spending on intelligent transportation systems.
Industry Growth Insights published a new data on “Intelligent Transportation Systems Industry Market”. The research report is titled “Intelligent Transportation Systems Industry Market research by Types (Advanced Traffic Management, Electronic Tolling, Smart Parking), By Applications (Railway Crossing Management, Freight Management & Tunnel Management), By Players/Companies Cubic Corporation, Siemens AG, Thales SA, TomTom NV, TransCore, LP, Xerox Corporation, Denso Corporation, Garmin Ltd, Hitachi Ltd, Iteris Inc, Kapsch TrafficCom AG, Nuance Communications, Inc, Q-Free ASA, Savari Inc”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Transportation Systems Industry Market Research Report
By Type
Advanced Traffic Management, Electronic Tolling, Smart Parking
By Application
Railway Crossing Management, Freight Management & Tunnel Management
By Companies
Cubic Corporation, Siemens AG, Thales SA, TomTom NV, TransCore, LP, Xerox Corporation, Denso Corporation, Garmin Ltd, Hitachi Ltd, Iteris Inc, Kapsch TrafficCom AG, Nuance Communications, Inc, Q-Free ASA, Savari Inc
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Transportation Systems Industry Market Report Segments:
The global Intelligent Transportation Systems Industry market is segmented on the basis of:
Types
Advanced Traffic Management, Electronic Tolling, Smart Parking
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 Crossing Management, Freight Management & Tunnel Management
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:
- Cubic Corporation
- Siemens AG
- Thales SA
- TomTom NV
- TransCore, LP
- Xerox Corporation
- Denso Corporation
- Garmin Ltd
- Hitachi Ltd
- Iteris Inc
- Kapsch TrafficCom AG
- Nuance Communications, Inc
- Q-Free ASA
- Savari Inc
Highlights of The Intelligent Transportation Systems Industry 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 Traffic Management
- Electronic Tolling
- Smart Parking
- By Application:
- Railway Crossing Management
- Freight Management & Tunnel Management
- 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 Transportation Systems Industry 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?
The Intelligent Transportation Systems industry is a $60 billion global market that employs over 1.5 million people. The industry provides solutions for managing traffic congestion, improving safety, and reducing environmental impact.
Some of the major companies in the intelligent transportation systems industry market are Cubic Corporation, Siemens AG, Thales SA, TomTom NV, TransCore, LP, Xerox Corporation, Denso Corporation, Garmin Ltd, Hitachi Ltd, Iteris Inc, Kapsch TrafficCom AG, Nuance Communications, Inc, Q-Free ASA, Savari Inc.
The intelligent transportation systems industry market is expected to grow at a compound annual growth rate of 7.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intelligent Transportation Systems Industry Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Intelligent Transportation Systems Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intelligent Transportation Systems Industry Market - Supply Chain
4.5. Global Intelligent Transportation Systems Industry Market Forecast
4.5.1. Intelligent Transportation Systems Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intelligent Transportation Systems Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intelligent Transportation Systems Industry Market Absolute $ Opportunity
5. Global Intelligent Transportation Systems Industry 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 Transportation Systems Industry Market Size and Volume Forecast by Type
5.3.1. Advanced Traffic Management
5.3.2. Electronic Tolling
5.3.3. Smart Parking
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intelligent Transportation Systems Industry 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 Transportation Systems Industry Market Size and Volume Forecast by Application
6.3.1. Railway Crossing Management
6.3.2. Freight Management & Tunnel Management
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intelligent Transportation Systems Industry 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 Transportation Systems Industry 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 Transportation Systems Industry 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 Transportation Systems Industry 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 Transportation Systems Industry Demand Share Forecast, 2019-2026
9. North America Intelligent Transportation Systems Industry 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 Transportation Systems Industry 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 Transportation Systems Industry Market Size and Volume Forecast by Application
9.4.1. Railway Crossing Management
9.4.2. Freight Management & Tunnel Management
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intelligent Transportation Systems Industry Market Size and Volume Forecast by Type
9.7.1. Advanced Traffic Management
9.7.2. Electronic Tolling
9.7.3. Smart Parking
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 Transportation Systems Industry Demand Share Forecast, 2019-2026
10. Latin America Intelligent Transportation Systems Industry 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 Transportation Systems Industry 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 Transportation Systems Industry Market Size and Volume Forecast by Application
10.4.1. Railway Crossing Management
10.4.2. Freight Management & Tunnel Management
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intelligent Transportation Systems Industry Market Size and Volume Forecast by Type
10.7.1. Advanced Traffic Management
10.7.2. Electronic Tolling
10.7.3. Smart Parking
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 Transportation Systems Industry Demand Share Forecast, 2019-2026
11. Europe Intelligent Transportation Systems Industry 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 Transportation Systems Industry 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 Transportation Systems Industry Market Size and Volume Forecast by Application
11.4.1. Railway Crossing Management
11.4.2. Freight Management & Tunnel Management
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intelligent Transportation Systems Industry Market Size and olume Forecast by Type
11.7.1. Advanced Traffic Management
11.7.2. Electronic Tolling
11.7.3. Smart Parking
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 Transportation Systems Industry Demand Share, 2019-2026
12. Asia Pacific Intelligent Transportation Systems Industry 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 Transportation Systems Industry 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 Transportation Systems Industry Market Size and Volume Forecast by Application
12.4.1. Railway Crossing Management
12.4.2. Freight Management & Tunnel Management
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intelligent Transportation Systems Industry Market Size and Volume Forecast by Type
12.7.1. Advanced Traffic Management
12.7.2. Electronic Tolling
12.7.3. Smart Parking
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 Transportation Systems Industry Demand Share, 2019-2026
13. Middle East & Africa Intelligent Transportation Systems Industry 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 Transportation Systems Industry 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 Transportation Systems Industry Market Size and Volume Forecast by Application
13.4.1. Railway Crossing Management
13.4.2. Freight Management & Tunnel Management
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intelligent Transportation Systems Industry Market Size and Volume Forecast by Type
13.7.1. Advanced Traffic Management
13.7.2. Electronic Tolling
13.7.3. Smart Parking
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 Transportation Systems Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Intelligent Transportation Systems Industry Market: Market Share Analysis
14.2. Intelligent Transportation Systems Industry Distributors and Customers
14.3. Intelligent Transportation Systems Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cubic Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Thales SA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. TomTom NV
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TransCore, LP
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Xerox Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Denso Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Garmin Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hitachi Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Iteris Inc
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kapsch TrafficCom AG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nuance Communications, Inc
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Q-Free ASA
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Savari Inc
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
