Intelligent Transportation System (ITS) Market

Intelligent Transportation System (ITS) by Application (Variable Traffic Message Signs, Traffic Signal Control Systems, Collision Avoidance Systems, Traffic Monitoring, Fleet Management & Asset Monitoring, Parking Availability Systems, and Traffic Enforcement Cameras) By System (Advanced Traffic Management System, Advanced Traveler Information System, Commercial Vehicle Operation, Vehicle-to-Vehicle Interaction and Vehicle-to-Infrastructure Interaction, Advanced Public Transportation System (APTS), and ITS - Enabled Transportation Pricing System) By Region (North America, Europe, Asia Pacific, and Rest of the World)

  • Report ID : MD1359
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  • Pages : 214
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  • Tables : 82
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  • Formats :

Intelligent Transportation System (ITS) refers to the advanced technologies of electronics and communications coupled with the computers to control and detect the transportation system to improve efficiency, safety, and service, and traffic situation through transmitting the information. The increasing population and rapid increase in car ownership in Asian countries have inflamed the negative effect caused by a vehicle. As A result massive rise in a traffic accident, and environmental deterioration owing to emission gas. These factors preferred to bring the necessity of the ITS system that would help the consumer for safety and enhance the transport system. However, the high cost of ITS Installation would limit the growth of the market.

intelligent transportation system (its) marketIntelligent Transportation System (ITS) Market revenue is estimated to be $USD Billion in 2022 and shall grow with a CAGR of XX.X% the forecast period of 2022 to 2031.

A key factor driving the growth of the ITS market are growing concerns for the public safety, development of smart cities worldwide, and concerns regarding security and surveillance. Besides, government regulation for effective traffic management has also stimulated the market growth. Developing smart vehicles compatible with ITS, and Industries are developing new technologies to reduce Co2 emission are expected to provide lucrative opportunities for the market over the forecast time.

SEGMENT ANALYSIS

Based on application, the traffic signal control systems segment occupied the largest market share in 2022, its system would enhance public transportation, and traffic management systems, and provide safety for drivers, and pedestrians. North America accounted for the maximum share in the global ITS market in 2022, driven by the strong presence of market players offering ITS products. While the Asia Pacific will grow at a high rate throughout the forecast period. The growth in this region is attributed to the growing population and an increasing number of megacities.

MARKET PLAYER ANALYSIS

Key players operating in the market include Denso Corporation, Affiliated Computer Services, Inc., Telenav, Inc., Lanner Electronics, Inc., Agero, Inc., AddcoLlc, Nuance Communications, Inc., Efkon AG, Thales Group, Ricardo Plc, and Sensys Networks, Inc., among others. Other industries in this domain that are growing at a high CAGR include Transportation Analytics Market and Blood transport Bags and Boxes Market.

COVERAGE HIGHLIGHTS

• Market Revenue Estimation and Forecast (2022 – 2031)
• Market Production Estimation and Forecast (2022 – 2031)
• Market Sales/Consumption Volume Estimation and Forecast (2022 – 2031)
• Breakdown of Revenue by Segments (2022 – 2031)
• Breakdown of Production by Segments (2022 – 2031)
• Breakdown of Sales Volume by Segments (2022 – 2031)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
• Regional Analysis and Market Data Breakdown

MARKET SEGMENTATION

By Application Outlook ($Revenue, 2022-2031)
• Variable Traffic Message Signs
• Traffic Signal Control Systems
• Collision Avoidance Systems
• Traffic Monitoring
• Fleet Management & Asset Monitoring
• Parking Availability Systems
• Traffic Enforcement Cameras

By System Outlook ($Revenue, 2022-2031)
• Advanced Traffic Management System
• Advanced Traveler Information System
• Commercial Vehicle Operation
• Vehicle-to-Vehicle Interaction and Vehicle-to-Infrastructure Interaction
• Advanced Public Transportation System (APTS)
• Its - Enabled Transportation Pricing System

By Regional Outlook ($Revenue, 2022-2031)
• North America
• Canada
• U.S
• Mexico
• Europe
• Germany
• France
• Italy
• U.K
• Rest of Europe 
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific
• Rest of the World
• Latin America
• Middle East
• Africa

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CHAPTER 1:    INTRODUCTION

1.1. Research Methodology

1.1.1. Desk Research

1.1.2. Data Synthesis

1.1.3. Data Validation & Market Feedback

1.1.4. Data Sources

CHAPTER 2:    EXECUTIVE SUMMARY

2.1. Global Market Outlook

2.2. Core Insights - Application

2.3. Core Insights – System

2.4. Core Insights – Geography

CHAPTER 3:    MARKET OVERVIEW

3.1.  Market Definition and Scope

3.2. Key Forces Shaping the Industry

3.2.1. Bargaining Power of Suppliers

3.2.2. Bargaining Power of Buyers

3.2.3. Threat of Substitutes

3.2.4. Threat of New Entrants

3.3. Market Dynamics

3.3.1. Drivers

3.3.1.1. Supply-side Drivers

3.3.1.2. Demand-side Drivers

3.3.2. Restraints

3.3.3. Opportunities

3.4. Industry Landscape - PESTEL Analysis

3.4.1. Political Landscape

3.4.2. Environmental Landscape

3.4.3. Social Landscape

3.4.4. Technology Landscape

3.4.5. Economic Landscape

CHAPTER 4:    MARKET BACKGROUND

4.1. Industry Value Chain Analysis

4.1.1. Upstream Participants

4.1.2. Downstream participants

4.2. Pricing Analysis and Forecast, 2018-2026

4.2.1. By Type

4.2.2. By Region

CHAPTER 5:    GLOBAL INTELLIGENT TRANSPORTATION SYSTEM (ITS) MARKET, BY APPLICATION

5.1. Overview

5.1.1. Market Volume and Forecast, 2018-2026

5.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026

5.2. Variable Traffic Message Signs

5.2.1. Key Market Trends, Growth Factors and Opportunities

5.2.2. Market Volume and Forecast, By Region

5.2.3. Market Revenue (US$ Million) and Forecast, By Region

5.3. Traffic Signal Control Systems

5.3.1. Key Market Trends, Growth Factors and Opportunities

5.3.2. Market Volume and Forecast, By Region

5.3.3. Market Revenue (US$ Million) and Forecast, By Region

5.4. Collision Avoidance Systems

5.4.1. Key Market Trends, Growth Factors and Opportunities

5.4.2. Market Volume and Forecast, By Region

5.4.3. Market Revenue (US$ Million) and Forecast, By Region

5.5. Traffic Monitoring

5.5.1. Key Market Trends, Growth Factors and Opportunities

5.5.2. Market Volume and Forecast, By Region

5.5.3. Market Revenue (US$ Million) and Forecast, By Region

5.6. Fleet Management & Asset Monitoring

5.6.1. Key Market Trends, Growth Factors and Opportunities

5.6.2. Market Volume and Forecast, By Region

5.6.3. Market Revenue (US$ Million) and Forecast, By Region

5.7. Parking Availability Systems

5.7.1. Key Market Trends, Growth Factors and Opportunities

5.7.2. Market Volume and Forecast, By Region

5.7.3. Market Revenue (US$ Million) and Forecast, By Region

5.8. Traffic Enforcement Cameras

5.8.1. Key Market Trends, Growth Factors and Opportunities

5.8.2. Market Volume and Forecast, By Region

5.8.3. Market Revenue (US$ Million) and Forecast, By Region

CHAPTER 6:    GLOBAL INTELLIGENT TRANSPORTATION SYSTEM (ITS) MARKET, BY SYSTEM

6.1. Overview

6.1.1. Market Volume and Forecast, 2018-2026

6.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026

6.2. Advanced Traffic Management System

6.2.1. Key Market Trends, Growth Factors and Opportunities

6.2.2. Market Volume and Forecast, By Region

6.2.3. Market Revenue (US$ Million) and Forecast, By Region

6.3. Advanced Traveler Information System

6.3.1. Key Market Trends, Growth Factors and Opportunities

6.3.2. Market Volume and Forecast, By Region

6.3.3. Market Revenue (US$ Million) and Forecast, By Region

6.4. Commercial Vehicle Operation

6.4.1. Key Market Trends, Growth Factors and Opportunities

6.4.2. Market Volume and Forecast, By Region

6.4.3. Market Revenue (US$ Million) and Forecast, By Region

6.5. Vehicle-to-Vehicle Interaction and Vehicle-to-Infrastructure Interaction

6.5.1. Key Market Trends, Growth Factors and Opportunities

6.5.2. Market Volume and Forecast, By Region

6.5.3. Market Revenue (US$ Million) and Forecast, By Region

6.6. Advanced Public Transportation System (APTS)

6.6.1. Key Market Trends, Growth Factors and Opportunities

6.6.2. Market Volume and Forecast, By Region

6.6.3. Market Revenue (US$ Million) and Forecast, By Region        

6.7. Its - Enabled Transportation Pricing System

6.7.1. Key Market Trends, Growth Factors and Opportunities

6.7.2. Market Volume and Forecast, By Region

6.7.3. Market Revenue (US$ Million) and Forecast, By Region        

CHAPTER 7:    GLOBAL INTELLIGENT TRANSPORTATION SYSTEM (ITS)   MARKET, BY GEOGRAPHY

7.1. Overview

7.2. North America

7.2.1. Key Market Trends, Growth Factors and Opportunities

7.2.2. Market Volume and Forecast, By Application

7.2.3. Market Volume and Forecast, By System

7.2.4. Market Revenue and Forecast, By Application

7.2.5. Market Revenue and Forecast, By System

7.2.6. Market Revenue and Forecast, By Country

7.2.7. U.S.

7.2.7.1. Market Volume and Forecast

7.2.7.2. Market Revenue and Forecast

7.2.8. Canada

7.2.8.1. Market Volume and Forecast

7.2.8.2. Market Revenue and Forecast

7.2.9. Mexico

7.2.9.1. Market Volume and Forecast

7.2.9.2. Market Revenue and Forecast

7.3. Europe

7.3.1. Market Volume and Forecast, By Application

7.3.2. Market Volume and Forecast, By System

7.3.3. Market Revenue and Forecast, By Application

7.3.4. Market Revenue and Forecast, By System

7.3.5. Market Revenue and Forecast, By Country

7.3.6. Germany

7.3.6.1. Market Volume and Forecast, By Application

7.3.6.2. Market Revenue and Forecast, By System

7.3.7. UK

7.3.7.1. Market Volume and Forecast, By Application

7.3.7.2. Market Revenue and Forecast, By System

7.3.8. France

7.3.8.1. Market Volume and Forecast, By Application

7.3.8.2. Market Revenue and Forecast, By System

7.3.9. Italy

7.3.9.1. Market Volume and Forecast, By Application

7.3.9.2. Market Revenue and Forecast, By System

7.3.10. Rest of Europe

7.3.10.1. Market Volume and Forecast, By Application

7.3.10.2. Market Revenue and Forecast, By System

7.4. Asia-Pacific

7.4.1. Market Volume and Forecast, By Application

7.4.2. Market Volume and Forecast, By System

7.4.3. Market Revenue and Forecast, By Application

7.4.4. Market Revenue and Forecast, By System

7.4.5. Market Revenue and Forecast, By Country

7.4.6. China

7.4.6.1. Market Volume and Forecast, By Application

7.4.6.2. Market Revenue and Forecast, By System

7.4.7. India

7.4.7.1. Market Volume and Forecast, By Application

7.4.7.2. Market Revenue and Forecast, By System

7.4.8. Japan

7.4.8.1. Market Volume and Forecast, By Application

7.4.8.2. Market Revenue and Forecast, By System

7.4.9. South Korea

7.4.9.1. Market Volume and Forecast, By Application

7.4.9.2. Market Revenue and Forecast, By System

7.4.10. Rest of Asia-Pacific

7.4.10.1. Market Volume and Forecast, By Application

7.4.10.2. Market Revenue and Forecast, By System

7.5. REST OF THE WORLD

7.5.1. Market Volume and Forecast, By Application

7.5.2. Market Volume and Forecast, By System

7.5.3. Market Revenue and Forecast, By Application

7.5.4. Market Revenue and Forecast, By System

7.5.5. Market Revenue and Forecast, By Country

7.5.6. Latin America

7.5.6.1. Market Volume and Forecast, By Application

7.5.6.2. Market Revenue and Forecast, By System

7.5.7. Middle East

7.5.7.1. Market Volume and Forecast, By Application

7.5.7.2. Market Revenue and Forecast, By System

7.5.8. Africa

7.5.8.1. Market Volume and Forecast, By Application

7.5.8.2. Market Revenue and Forecast, By System

CHAPTER 8:    COMPETITIVE LANDSCAPE

8.1. Intelligent Transportation System (ITS) Market Share Analysis, 2018

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