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Intelligent Transportation System Market Size, Share & Trends Analysis Report by Type (ATIS, ATMS, ATPS, APTS, EMS), by Application, by Region, and Segment Forecasts, 2021-2028

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    Report

  • 170 Pages
  • July 2021
  • Region: Global
  • Grand View Research
  • ID: 3972828

FEATURED COMPANIES

  • Addco
  • EFKON GmbH
  • Iteris, Inc.
  • Q-Free ASA
  • Siemens AG
  • TomTom International BV
The global intelligent transportation system market size is expected to reach USD 42,936.1 million by 2028, registering a CAGR of 7.0% from 2021 to 2028. Continued advances in the development of transportation networks have triggered the need for an efficient transportation system. At the same time, advances in the latest technologies, such as blind-spot detection and electronic toll collection, are continuously redefining the expectations and prospects for sustainable management of transportation networks and traffic. At this juncture, the growing need to present real-time traffic information to drivers and passengers is emerging as one of the key factors driving the demand for intelligent transportation system (ITS).



Advances in telecommunications technologies and the evolution of IT systems are expected to help in reducing traffic congestions. Given that modern traffic control strategies focus more on utilizing real-time data while simultaneously addressing impact criteria, such as emission control; the integration of ITS with smart grid and other energy distribution and charging systems can potentially help distribution agencies in utilizing the real-time data to draft capacity expansion strategies for the future. According to the ITS Development Strategy drafted by the Department of Transport of the Republic of Korea, intelligent transportation systems can help significantly in reducing traffic congestion, preventing automobile idling, and subsequently in reducing fuel consumption and hence greenhouse gas emissions.

The growing volumes of data involved in transportation management are driving the need for more sophisticated data processing solutions. As such, intelligent transportation systems are leveraging AI to track data in real-time and optimize efficiency. International Business Machine’s Watson is an example of the implementation of artificial intelligence (AI) in transportation management to identify damages to logistics assets leveraging cognitive visual recognition capabilities and to manage the network and optimize routes leveraging predictive analysis.

Intelligent Transportation System Market Report Highlights
  • The Advanced Traveler Information System (ATMS) segment is anticipated to register considerable growth over the forecast period. ATMS provides traffic management solutions that can potentially improve road safety while enhancing traffic flows and mobility. Traffic management solutions offer real-time data that can help in analyzing and responding to emergencies immediately.
  • The traffic management segment accounted for the largest market share of over 30% in 2020 and is expected to continue dominating the market over the forecast period. The increase in travel time and hence the fuel consumption and the subsequent monetary losses stemming from traffic congestions are driving the necessity for implementing efficient traffic management systems. Traffic management systems also help in enhancing the operational performance and reliability of road networks.
  • The North America regional market is anticipated to reach USD 16.13 billion by 2028. The regional market is expected to continue dominating the global market over the forecast period leveraging the advances in telecommunications technology and the aggressive investments in research and development, deployment, and adoption of intelligent transportation systems across the U.S..


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Frequently Asked Questions about the Global Intelligent Transportation System Market

What is the estimated value of the Global Intelligent Transportation System Market?

The Global Intelligent Transportation System Market was estimated to be valued at $25378.2 Million in 2020.

What is the growth rate of the Global Intelligent Transportation System Market?

The growth rate of the Global Intelligent Transportation System Market is 7.0%, with an estimated value of $42936.1 Million by 2028.

What is the forecasted size of the Global Intelligent Transportation System Market?

The Global Intelligent Transportation System Market is estimated to be worth $42936.1 Million by 2028.

Who are the key companies in the Global Intelligent Transportation System Market?

Key companies in the Global Intelligent Transportation System Market include Addco, Agero, Inc., DENSO CORPORATION, EFKON GmbH, Hitachi, Ltd., Garmin Ltd., Thales Group, Xerox Corporation and Sensys Networks, Inc..

FEATURED COMPANIES

  • Addco
  • EFKON GmbH
  • Iteris, Inc.
  • Q-Free ASA
  • Siemens AG
  • TomTom International BV

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Intelligent Transportation System Market - Industry Snapshot & Key Buying Criteria, 2018 - 2028
2.2 Global Intelligent Transportation System Market, 2018 - 2028
2.2.1 Global Intelligent Transportation System market, by region, 2018 - 2028
2.2.2 Global Intelligent Transportation System market, by type, 2018 - 2028
2.2.3 Global Intelligent Transportation System market, by application, 2018 - 2028
Chapter 3 Intelligent Transportation System Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Intelligent Transportation System Market - Value Chain Analysis
3.3.1 Vendor landscape
3.4 Intelligent Transportation System Market Dynamics
3.4.1 Favorable Regulatory Policies
3.4.2 Market driver analysis
3.4.3 Market restraints analysis
3.4.4 Market opportunity analysis
3.5 Penetration and Growth Prospect Mapping
3.6 Intelligent Transportation System Market - Porter’s Five Forces Analysis
3.7 Intelligent Transportation System Market - Company Ranking Analysis, 2020
3.8 Intelligent Transportation System Market - PESTEL Analysis
3.9 Intelligent Transportation System Market - COVID-19 Impact Analysis
Chapter 4 Intelligent Transportation System Type Outlook
4.1 Intelligent Transportation System Market Share By Type, 2020
4.2 ATIS
4.2.1 ATIS market, 2018 - 2028
4.3 ATMS
4.3.1 ATMS market, 2018 - 2028
4.4 ATPS
4.4.1 ATPS market, 2018 - 2028
4.5 APTS
4.5.1 APTS market, 2018 - 2028
4.6 EMS
4.6.1 EMS market, 2018 - 2028
Chapter 5 Intelligent Transportation System Application Outlook
5.1 Intelligent Transportation System Market Share By Application, 2020
5.2 Traffic Management
5.2.1 Intelligent transportation system market in traffic management, 2018 - 2028
5.3 Road Safety & Security
5.3.1 Intelligent transportation system market in road safety & security, 2018 - 2028
5.4 Freight Management
5.4.1 Intelligent Transportation System market in freight management, 2018 - 2028
5.5 Public Transport
5.5.1 Intelligent transportation system market in public transport, 2018 - 2028
5.6 Environment Protection
5.6.1 Intelligent transportation system market in environment protection, 2018 - 2028
5.7 Automotive Telematics
5.7.1 Intelligent transportation system market in automotive telematics, 2018 - 2028
5.8 Parking Management
5.8.1 Intelligent transportation system market in parking management, 2018 - 2028
5.9 Road Tolling Systems
5.9.1 Intelligent transportation system market in road tolling systems, 2018 - 2028
Chapter 6 Intelligent Transportation System Regional Outlook
6.1 Intelligent Transportation System Market Share by Region, 2020
6.2 North America
6.2.1 North America intelligent transportation system market, 2018 - 2028
6.2.2 North America intelligent transportation system market, by type, 2018 - 2028
6.2.3 North America intelligent transportation system market, by application, 2018 - 2028
6.2.4 U.S.
6.2.4.1 U.S. intelligent transportation system market, 2018 - 2028
6.2.4.2 U.S. intelligent transportation system market, by type, 2018 - 2028
6.2.4.3 U.S. intelligent transportation system market, by application, 2018 - 2028
6.2.5 Canada
6.2.5.1 Canada intelligent transportation system market, 2018 - 2028
6.2.5.2 Canada intelligent transportation system market, by type, 2018 - 2028
6.2.5.3 Canada intelligent transportation system market, by application, 2018 - 2028
6.2.6 Mexico
6.2.6.1 Mexico intelligent transportation system market, 2018 - 2028
6.2.6.2 Mexico intelligent transportation system market, by type, 2018 - 2028
6.2.6.3 Mexico intelligent transportation system market, by application, 2018 - 2028
6.3 Europe
6.3.1 Europe intelligent transportation system market, 2018 - 2028
6.3.2 Europe intelligent transportation system market, by type, 2018 - 2028
6.3.3 Europe intelligent transportation system market, by application, 2018 - 2028
6.3.4 Germany
6.3.4.1 Germany intelligent transportation system market, 2018 - 2028
6.3.4.2 Germany intelligent transportation system market, by type, 2018 - 2028
6.3.4.3 Germany intelligent transportation system market, by application, 2018 - 2028
6.3.5 U.K.
6.3.5.1 U.K. intelligent transportation system market, 2018 - 2028
6.3.5.2 U.K. intelligent transportation system market, by type, 2018 - 2028
6.3.5.3 U.K. intelligent transportation system market, by application, 2018 - 2028
6.3.6 France
6.3.6.1 France intelligent transportation system market, 2018 - 2028
6.3.6.2 France intelligent transportation system market, by type, 2018 - 2028
6.3.6.3 France intelligent transportation system market, by application, 2018 - 2028
6.4 Asia Pacific
6.4.1 Asia Pacific intelligent transportation system market, 2018 - 2028
6.4.2 Asia Pacific intelligent transportation system market, by type, 2018 - 2028
6.4.3 Asia Pacific intelligent transportation system market, by application, 2018 - 2028
6.4.4 China
6.4.4.1 China intelligent transportation system market, 2018 - 2028
6.4.4.2 China intelligent transportation system market, by type, 2018 - 2028
6.4.4.3 China intelligent transportation system market, by application, 2018 - 2028
6.4.5 India
6.4.5.1 India intelligent transportation system market, 2018 - 2028
6.4.5.2 India intelligent transportation system market, by type, 2018 - 2028
6.4.5.3 India intelligent transportation system market, by application, 2018 - 2028
6.4.6 Japan
6.4.6.1 Japan intelligent transportation system market, 2018 - 2028
6.4.6.2 Japan intelligent transportation system market, by type, 2018 - 2028
6.4.6.3 Japan intelligent transportation system market, by application, 2018 - 2028
6.4.7 South Korea
6.4.7.1 South Korea intelligent transportation system market, 2018 - 2028
6.4.7.2 South Korea intelligent transportation system market, by type, 2018 - 2028
6.4.7.3 South Korea intelligent transportation system market, by application, 2018 - 2028
6.5 South America
6.5.1 South America intelligent transportation system market, 2018 - 2028
6.5.2 South America intelligent transportation system market, by type, 2018 - 2028
6.5.3 South America intelligent transportation system market, by application, 2018 - 2028
6.5.4 Brazil
6.5.4.1 Brazil intelligent transportation system market, 2018 - 2028
6.5.4.2 Brazil intelligent transportation system market, by type, 2018 - 2028
6.5.4.3 Brazil intelligent transportation system market, by application, 2018 - 2028
6.5.5 Argentina
6.5.5.1 Argentina intelligent transportation system market, 2018 - 2028
6.5.5.2 Argentina intelligent transportation system market, by type, 2018 - 2028
6.5.5.3 Argentina intelligent transportation system market, by application, 2018 - 2028
6.6 MEA
6.6.1 MEA intelligent transportation system market, 2018 - 2028
6.6.2 MEA intelligent transportation system market, by type, 2018 - 2028
6.6.3 MEA intelligent transportation system market, by application, 2018 - 2028
6.6.4 UAE
6.6.4.1 UAE intelligent transportation system market, 2018 - 2028
6.6.4.2 UAE intelligent transportation system market, by type, 2018 - 2028
6.6.4.3 UAE intelligent transportation system market, by application, 2018 - 2028
6.6.5 KSA
6.6.5.1 KSA intelligent transportation system market, 2018 - 2028
6.6.5.2 KSA intelligent transportation system market, by type, 2018 - 2028
6.6.5.3 KSA intelligent transportation system market, by application, 2018 - 2028
Chapter 7 Competitive Landscape
7.1 Addco
7.1.1 Company overview
7.1.2 Product benchmarking
7.2 Agero, Inc.
7.2.1 Company overview
7.2.2 Financial performance
7.2.3 Product benchmarking
7.2.4 Strategic initiatives
7.3 DENSO CORPORATION
7.3.1 Company overview
7.3.2 Financial performance
7.3.3 Product benchmarking
7.3.4 Strategic initiatives
7.4 EFKON GmbH
7.4.1 Company overview
7.4.2 Product benchmarking
7.4.3 Strategic initiatives
7.5 Hitachi, Ltd.
7.5.1 Company overview
7.5.2 Financial performance
7.5.3 Product benchmarking
7.5.4 Strategic initiatives
7.6 Garmin Ltd.
7.6.1 Company overview
7.6.2 Financial performance
7.6.3 Product benchmarking
7.6.4 Strategic initiatives
7.7 Thales Group
7.7.1 Company overview
7.7.2 Financial performance
7.7.3 Product benchmarking
7.7.4 Strategic initiatives
7.8 Xerox Corporation
7.8.1 Company overview
7.8.2 Financial performance
7.8.3 Product benchmarking
7.8.4 Strategic initiatives
7.9 Ricardo
7.9.1 Company overview
7.9.2 Financial performance
7.9.3 Product benchmarking
7.9.4 Strategic initiatives
7.10 Sensys Networks, Inc.
7.10.1 Company overview
7.10.2 Financial performance
7.10.3 Product benchmarking
7.10.4 Strategic initiatives
7.11 Telenav, Inc.
7.11.1 Company overview
7.11.2 Financial performance
7.11.3 Product benchmarking
7.11.4 Strategic initiatives
7.12 Iteris, Inc.
7.12.1 Company overview
7.12.2 Financial performance
7.12.3 Product benchmarking
7.12.4 Strategic initiatives
7.13 Kapsch TrafficCom
7.13.1 Company overview
7.13.2 Financial performance
7.13.3 Product benchmarking
7.13.4 Strategic initiatives
7.14 Lanner
7.14.1 Company overview
7.14.2 Financial performance
7.14.3 Product benchmarking
7.14.4 Strategic initiatives
7.15 Nuance Communications, Inc.
7.15.1 Company overview
7.15.2 Financial performance
7.15.3 Product benchmarking
7.15.4 Strategic initiatives
7.16 Q-Free ASA
7.16.1 Company overview
7.16.2 Financial performance
7.16.3 Product benchmarking
7.16.4 Strategic initiatives
7.17 Siemens AG
7.17.1 Company overview
7.17.2 Financial performance
7.17.3 Product benchmarking
7.17.4 Strategic initiatives
7.18 TomTom International BV
7.18.1 Company overview
7.18.2 Financial performance
7.18.3 Product benchmarking
7.18.4 Strategic initiatives
7.19 TransCore
7.19.1 Company overview
7.19.2 Product benchmarking
7.19.3 Strategic initiatives
List of Tables
Table 1 Intelligent transportation system market - Industry snapshot & key buying criteria, 2018 - 2028
Table 2 Global intelligent transportation system market, 2018 - 2028 (USD Million)
Table 3 Global intelligent transportation system market, by region, 2018 - 2028 (USD Million)
Table 4 Global intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 5 Global intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 6 Vendor landscape
Table 7 ATIS market, 2018 - 2028 (USD Million)
Table 8 ATIS market, by region, 2018 - 2028 (USD Million)
Table 9 ATMS market, 2018 - 2028 (USD Million)
Table 10 ATMS market, by region, 2018 - 2028 (USD Million)
Table 11 ATPS market, 2018 - 2028 (USD Million)
Table 12 ATPS market, by region, 2018 - 2028 (USD Million)
Table 13 APTS market, 2018 - 2028 (USD Million)
Table 14 APTS market, by region, 2018 - 2028 (USD Million)
Table 15 EMS market, 2018 - 2028 (USD Million)
Table 16 EMS market, by region, 2018 - 2028 (USD Million)
Table 17 Intelligent transportation system market in traffic management, 2018 - 2028 (USD Million)
Table 18 Intelligent transportation system market in traffic management, by region, 2018 - 2028 (USD Million)
Table19 Intelligent transportation system market in road safety & security, 2018 - 2028 (USD Million)
Table 20 Intelligent transportation system market in road safety & security, by region, 2018 - 2028 (USD Million)
Table 21 Intelligent transportation system market in freight management, 2018 - 2028 (USD Million)
Table 22 Intelligent transportation system market in freight management, by region, 2018 - 2028 (USD Million)
Table 23 Intelligent transportation system market in public transport, 2018 - 2028 (USD Million)
Table 24 Intelligent transportation system market in public transport, by region, 2018 - 2028 (USD Million)
Table 25 Intelligent transportation system market in environment protection, 2018 - 2028 (USD Million)
Table 26 Intelligent transportation system market in environment protection, by region, 2018 - 2028 (USD Million)
Table 27 Intelligent transportation system market in automotive telematics, 2018 - 2028 (USD Million)
Table 28 Intelligent transportation system market in automotive telematics, by region, 2018 - 2028 (USD Million)
Table 29 Intelligent transportation system market in parking management, 2018 - 2028 (USD Million)
Table 30 Intelligent transportation system market in parking management, by region, 2018 - 2028 (USD Million)
Table 31 Intelligent transportation system market in road tolling systems, 2018 - 2028 (USD Million)
Table 32 Intelligent transportation system market in road tolling systems, by region, 2018 - 2028 (USD Million)
Table 33 North America intelligent transportation system market, 2018 - 2028 (USD Million)
Table 34 North America intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 35 North America intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 36 U.S. intelligent transportation system market, 2018 - 2028 (USD Million)
Table 37 U.S. intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 38 U.S. intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 39 Canada intelligent transportation system market, 2018 - 2028 (USD Million)
Table 40 Canada intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 41 Canada intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 42 Mexico intelligent transportation system market, 2018 - 2028 (USD Million)
Table 43 Mexico intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 44 Mexico intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 45 Europe intelligent transportation system market, 2018 - 2028 (USD Million)
Table 46 Europe intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 47 Europe intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 48 Germany intelligent transportation system market, 2018 - 2028 (USD Million)
Table 49 Germany intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 50 Germany intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 51 U.K. intelligent transportation system market, 2018 - 2028 (USD Million)
Table 52 U.K. intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 53 U.K. intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 54 France intelligent transportation system market, 2018 - 2028 (USD Million)
Table 55 France intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 56 France intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 57 Asia Pacific intelligent transportation system market, 2018 - 2028 (USD Million)
Table 58 Asia Pacific intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 59 Asia Pacific intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 60 China intelligent transportation system market, 2018 - 2028 (USD Million)
Table 61 China intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 62 China intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 63 India intelligent transportation system market, 2018 - 2028 (USD Million)
Table 64 India intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 65 India intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 66 Japan intelligent transportation system market, 2018 - 2028 (USD Million)
Table 67 Japan intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 68 Japan intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 69 South Korea intelligent transportation system market, 2018 - 2028 (USD Million)
Table 70 South Korea intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 71 South Korea intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 72 South America intelligent transportation system market, 2018 - 2028 (USD Million)
Table 73 South America intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 74 South America intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 75 Brazil intelligent transportation system market, 2018 - 2028 (USD Million)
Table 76 Brazil intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 77 Brazil intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 78 Argentina intelligent transportation system market, 2018 - 2028 (USD Million)
Table 79 Argentina intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 80 Argentina intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 81 MEA intelligent transportation system market, 2018 - 2028 (USD Million)
Table 82 MEA intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 83 MEA intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 84 UAE intelligent transportation system market, 2018 - 2028 (USD Million)
Table 85 UAE intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 86 UAE intelligent transportation system market, by application, 2018 - 2028 (USD Million)
Table 87 KSA intelligent transportation system market, 2018 - 2028 (USD Million)
Table 88 KSA intelligent transportation system market, by type, 2018 - 2028 (USD Million)
Table 89 KSA intelligent transportation system market, by application, 2018 - 2028 (USD Million)
List of Figures
Fig. 1 Market segmentation and scope
FIG. 2 Global intelligent transportation system market, 2018 - 2028 (USD Million)
FIG. 3 Intelligent transportation system market - Value chain analysis
FIG. 4 Intelligent transportation system market - Market dynamics
FIG. 5 Intelligent transportation system market - Key market driver impact
FIG. 6 Intelligent transportation system market - Key market restraints impact
FIG. 7 Intelligent transportation system market - Key market opportunity impact
FIG. 8 Key opportunities prioritized
FIG. 9 Intelligent transportation system market - Porter’s five forces analysis
FIG. 10 Intelligent transportation system market - Company ranking analysis, 2020
FIG. 11 Intelligent transportation system market - PESTEL analysis
FIG. 12 Intelligent transportation system market, by type, 2020
FIG. 13 Intelligent transportation system market, by application, 2020
FIG. 14 Intelligent transportation system market, by region, 2020
FIG. 15 Intelligent transportation system market - Regional takeaways
FIG. 16 North America intelligent transportation system market - Key takeaways
FIG. 17 Europe intelligent transportation system market - Key takeaways
FIG. 18 Asia Pacific intelligent transportation system market - Key takeaways
FIG. 19 South America intelligent transportation system market - Key takeaways
FIG. 20 MEA intelligent transportation system market - Key takeaways
  • Addco
  • Agero, Inc.
  • DENSO CORPORATION
  • EFKON GmbH
  • Hitachi, Ltd.
  • Garmin Ltd.
  • Thales Group
  • Xerox Corporation
  • Ricardo
  • Sensys Networks, Inc.
  • Telenav, Inc.
  • Iteris, Inc.
  • Kapsch TrafficCom
  • Lanner
  • Nuance Communications, Inc.
  • Q-Free ASA
  • Siemens AG
  • TomTom International BV
  • TransCore

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