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Intelligent Transportation System (ITS) Market Size, Share & Trends Analysis Report By Type (ATIS, ATMS, ATPS, APTS, EMS), By Application (Road Safety & Security, Public Transport), And Segment Forecasts, 2019 - 2025

  • ID: 3972828
  • Report
  • April 2019
  • Region: Global
  • 130 pages
  • Grand View Research
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FEATURED COMPANIES

  • ADCCO LLC
  • DENSO Corporation
  • Hitachi Ltd.
  • Kapsch TrafficCom AG
  • Q-Free ASA
  • Siemens AG
  • MORE
The global intelligent transportation system market size is projected to reach USD 51,09 billion by 2025, at a CAGR of 10.5% over the forecast period, according to this new report. Road traffic related deaths have been increasing over the past few years. The usage of ITS to reduce road accidents and to increase safety, in general, is a major driving force for the ITS market. The demand for Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) communication to enhance the road safety is expected to gain momentum over the next few years.

An effective transportation system is critical for the socio-economic development of any country. ITS associations estimate that the use of systems, such as the Advanced Traffic Management Systems (ATMS) effectively reduce the travel time by 25% and the waiting time at a signal by 20% to 30%. They also help curb emissions of greenhouse gasses such as methane, carbon dioxide, and nitrous oxide. The use of Electronic Tolling Systems (ETS) and ramp metering systems also helps reduce the traffic congestion and maintain the overall traffic flow. The limited space for transportation network expansion is expected to further impact congestion costs, which in turn will fuel the demand over the forecast period.

Intelligent transportation system helps improve the supply chain process performance and yields a high benefit to cost ratio; deploying these systems results in a significantly high ratio (8:1) as compared to a traditional transportation network. Users can also cut down on costs through real-time transportation systems. On account of these factors, transportation service providers have increased the investment in ITS over the past few years.

Further key findings from the study suggest:
  • Advanced public transport system is expected to witness the fastest CAGR of 12.1% from 2019 to 2025
  • Stringent regulations to improve driver safety in developed markets of Europe and North America are expected to contribute to the ITS market growth
  • The U.S. road tolling systems segment is expected to expand at a CAGR of 7.1%, while public transport segment is projected to witness the highest CAGR of 8.6% over the forecast period
  • Asia Pacific is expected to grow at a significant CAGR of 13% during the forecast period, owing to increasing government initiatives and deployments of ITS

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ADCCO LLC
  • DENSO Corporation
  • Hitachi Ltd.
  • Kapsch TrafficCom AG
  • Q-Free ASA
  • Siemens AG
  • MORE
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources

Chapter 2 Executive Summary

Chapter 3 Market Snapshot
3.1 ITS - Market snapshot & key buying criteria, 2015 - 2025

Chapter 4 ITS Industry Outlook
4.1 Market segmentation
4.2 ITS- Market size and growth prospects
4.3 ITS -Value chain analysis
4.3.1 Vendor Landscape
4.4 Market Dynamics
4.4.1 Market driver analysis
4.4.1.1 Need for road safety
4.4.1.2 Performance enhancement of transportation system
4.4.1.3 Cost-effectiveness
4.4.2 Market restraint analysis
4.4.2.1 Need for interoperability
4.5 Industry Analysis - Porter’s
4.6 Penetration & growth prospect mapping
4.7 ITS - Key Company Analysis, 2018
4.8 ITS- PESTEL analysis

Chapter 5 ITS Type Outlook
5.1 ITS market share by type, 2015 & 2025
5.2 ATIS
5.2.1 ATIS market estimates and forecasts, 2015 - 2025 (USD Million)
5.3 ATMS
5.3.1 ATMS market estimates and forecasts, 2015 - 2025 (USD Million)
5.4 ATPS
5.4.1 ATPS market estimates and forecasts, 2015 - 2025 (USD Million)
5.5 APTS
5.5.1 APTS market estimates and forecasts, 2015 - 2025 (USD Million)
5.6 EMS
5.6.1 EMS market estimates and forecasts, 2015 - 2025 (USD Million)

Chapter 6 ITS Application Outlook
6.1 ITS market share by application, 2015 & 2025
6.2 Traffic Management
6.2.1 Traffic Management market estimates and forecasts, 2015 - 2025 (USD Million)
6.3 Road Safety and Security
6.3.1 Road Safety and Security market estimates and forecasts, 2015 - 2025 (USD Million)
6.4 Freight Management (Commercial)
6.4.1 Freight Management market estimates and forecasts, 2015 - 2025 (USD Million)
6.5 Public Transport
6.5.1 Public Transport market estimates and forecasts, 2015 - 2025 (USD Million)
6.6 Environment Protection
6.6.1 Environment Protection market estimates and forecasts, 2015 - 2025 (USD Million)
6.7 Automotive Telematics
6.7.1 Automotive Telematics market estimates and forecasts, 2015 - 2025 (USD Million)
6.8 Parking Management
6.8.1 Parking Management market estimates and forecasts, 2015 - 2025 (USD Million)
6.9 Road Tolling Systems
6.9.1 Road Tolling Systems market estimates and forecasts, 2015 - 2025 (USD Million)

Chapter 7 ITS Regional Outlook
7.1 ITS market share by region, 2015 & 2025
7.2 North America
7.2.1 North America ITS market by product, 2015 - 2025 (USD Million)
7.2.2 North America ITS market by application, 2015 - 2025 (USD Million)
7.2.3 U.S.
7.2.3.1 U.S. ITS market by product, 2015 - 2025 (USD Million)
7.2.3.2 U.S. ITS market by application, 2015 - 2025 (USD Million)
7.2.4 Canada
7.2.4.1 Canada ITS market by product, 2015 - 2025 (USD Million)
7.2.4.2 Canada ITS market by application, 2015 - 2025 (USD Million)
7.2.5 Mexico
7.2.5.1 Mexico ITS market by product, 2015 - 2025 (USD Million)
7.2.5.2 Mexico ITS market by application, 2015 - 2025 (USD Million)
7.3 Europe
7.3.1 Europe ITS market by product, 2015 - 2025
7.3.2 Europe ITS market by application, 2015 - 2025
7.3.3 Germany
7.3.3.1 Germany ITS market by product, 2015 - 2025 (USD Million)
7.3.3.2 Germany ITS market by application, 2015 - 2025 (USD Million)
7.3.4 France
7.3.4.1 France ITS market by product, 2015 - 2025 (USD Million)
7.3.4.2 France ITS market by application, 2015 - 2025 (USD Million)
7.3.5 U.K.
7.3.5.1 U.K. ITS market by product, 2015 - 2025 (USD Million)
7.3.5.2 U.K. ITS market by application, 2015 - 2025 (USD Million)
7.4 Asia Pacific
7.4.1 Asia Pacific ITS market by product, 2015 - 2025 (USD Million)
7.4.2 Asia Pacific ITS market by application, 2015 - 2025 (USD Million)
7.4.3 China
7.4.3.1 China ITS market by product, 2015 - 2025 (USD Million)
7.4.3.2 China ITS market by application, 2015 - 2025 (USD Million)
7.4.4 India
7.4.4.1 India ITS market by product, 2015 - 2025 (USD Million)
7.4.4.2 India ITS market by application, 2015 - 2025 (USD Million)
7.4.5 Japan
7.4.5.1 Japan ITS market by product, 2015 - 2025 (USD Million)
7.4.5.2 Japan ITS market by application, 2015 - 2025 (USD Million)
7.4.6 South Korea
7.4.6.1 South Korea ITS market by product, 2015 - 2025 (USD Million)
7.4.6.2 South Korea ITS market by application, 2015 - 2025 (USD Million)
7.5 MEA
7.5.1 MEA ITS market by product, 2015 - 2025 (USD Million)
7.5.2 MEA ITS market by application, 2015 - 2025 (USD Million)
7.5.3 UAE
7.5.3.1 UAE ITS market by product, 2015 - 2025 (USD Million)
7.5.3.2 UAE ITS market by application, 2015 - 2025 (USD Million)
7.5.4 KSA
7.5.4.1 KSA ITS market by product, 2015 - 2025 (USD Million)
7.5.4.2 KSA ITS market by application, 2015 - 2025 (USD Million)
7.6 RoW
7.6.1 RoW ITS market by product, 2015 - 2025 (USD Million)
7.6.1.1 RoW ITS market by application, 2015 - 2025 (USD Million)

Chapter 8 Competitive Landscape
8.1 Company Profiles
8.2 ADCCO LLC
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Product benchmarking
8.3 Agero, Inc.
8.3.1 Company overview
8.3.2 Financial performance
8.3.3 Product benchmarking
8.3.4 Strategic initiatives
8.4 DENSO Corporation
8.4.1 Company overview
8.4.2 Financial performance
8.4.3 Product benchmarking
8.4.4 Strategic initiatives
8.5 EFKON AG
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Product benchmarking
8.5.4 Strategic initiatives
8.6 Hitachi Ltd.
8.6.1 Company overview
8.6.2 Financial performance
8.6.3 Product benchmarking
8.6.4 Strategic initiatives
8.7 Garmin International, Inc.
8.7.1 Company Overview
8.7.2 Financial Performance
8.7.3 Product benchmarking
8.7.4 Strategic initiatives
8.8 Iteris, Inc.
8.8.1 Company overview
8.8.2 Financial performance
8.8.3 Product benchmarking
8.8.4 Strategic initiatives
8.9 Kapsch TrafficCom AG
8.9.1 Company overview
8.9.2 Financial performance
8.9.3 Product benchmarking
8.9.4 Strategic initiatives
8.10 Lanner Electronics, Inc.
8.10.1 Company overview
8.10.2 Financial performance
8.10.3 Product benchmarking
8.10.4 Strategic initiatives
8.11 Nuance Communications, Inc.
8.11.1 Company overview
8.11.2 Financial performance
8.11.3 Product benchmarking
8.11.4 Strategic initiatives
8.12 Q-Free ASA
8.12.1 Company overview
8.12.2 Financial performance
8.12.3 Product benchmarking
8.12.4 Strategic initiatives
8.13 Ricardo PLC
8.13.1 Company overview
8.13.2 Financial performance
8.13.3 Product benchmarking
8.13.4 Strategic initiatives
8.14 Sensys Networks Incorporation
8.14.1 Company overview
8.14.2 Financial performance
8.14.3 Product benchmarking
8.14.4 Strategic initiatives
8.15 Siemens AG
8.15.1 Company overview
8.15.2 Financial performance
8.15.3 Product benchmarking
8.15.4 Strategic initiatives
8.16 Telenav, Inc.
8.16.1 Company overview
8.16.2 Financial performance
8.16.3 Product benchmarking
8.16.4 Strategic initiatives
8.17 Thales Group
8.17.1 Company overview
8.17.2 Financial performance
8.17.3 Product benchmarking
8.17.4 Strategic initiatives
8.18 TomTom NV
8.18.1 Company overview
8.18.2 Financial performance
8.18.3 Product benchmarking
8.18.4 Strategic initiatives
8.19 TransCore, LP
8.19.1 Company overview
8.19.2 Financial performance
8.19.3 Product benchmarking
8.19.4 Strategic initiatives
8.20 WS Atkins PLC
8.20.1 Company overview
8.20.2 Financial performance
8.20.3 Product benchmarking
8.20.4 Strategic initiatives
8.21 Xerox Corporation
8.21.1 Company overview
8.21.2 Financial performance
8.21.3 Product benchmarking
8.21.4 Strategic initiatives
*Full List of Tables and Figures Available on Enquiry.
Note: Product cover images may vary from those shown
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  • ADCCO LLC
  • Agero, Inc.
  • DENSO Corporation
  • EFKON AG
  • Hitachi Ltd.
  • Garmin International, Inc.
  • Iteris, Inc
  • Kapsch TrafficCom AG
  • Lanner Electronics, Inc.
  • Nuance Communications, Inc.
  • Q-Free ASA
  • Ricardo PLC
  • Sensys Networks Incorporation
  • Siemens AG
  • Telenav, Inc.
  • Thales Group
  • TomTom NV
  • TransCore, LP
  • WS Atkins PLC
  • Xerox Corporation
Note: Product cover images may vary from those shown
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