Global Intelligent Transport System (ITS) Market 2017-2021

  • ID: 4328286
  • Report
  • Region: Global
  • 86 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • 3M
  • Agero
  • EFKON
  • KLD Engineering
  • Neology
  • Q-Free
  • MORE
About Intelligent Transport System (ITS)

An intelligent transport system (ITS) is a sophisticated solution that provides solutions related to different modes of traffic and transport management. The traffic management process is rationalized with the optimization of quality, reduction of the costs incurred, and the time taken to implement decisions. The different types of ITS include network management systems, public transport ITS, freight and commercial ITS, road safety system, security and crime reduction ITS, Communication ITS, and automotive and infotainment telematics.

The analysts forecast the global intelligent transport system (its) market to grow at a CAGR of 8.70% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global intelligent transport system market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the global ITS market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Intelligent Transport System (ITS) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • 3M
  • Kapsch Group
  • Neology
  • Q-Free
  • Siemens
  • TransCore
Other prominent vendors
  • ADDCO LLC
  • Agero
  • DENSO CORPORATION
  • EFKON
  • International Road Dynamics
  • KLD Engineering
  • Lanner
  • Peek Traffic Corporation
  • Traffic Tech (Gulf)
Market drivers
  • Increasing road traffic congestion in Asian countries
  • For a full, detailed list, view the full report
Market challenges
  • Higher setup cost and operating cost
  • For a full, detailed list, view the full report
Market trends
  • Impact of standardization in ITS
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • 3M
  • Agero
  • EFKON
  • KLD Engineering
  • Neology
  • Q-Free
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by solution type
  • Global ITS market segmentation by solution type
  • Global ITS market by network management
  • Global ITS market by automotive and infotainment telematics
  • Global ITS market by road safety system
  • Global ITS market by communication ITS
  • Global ITS market by security and crime reduction
  • Global ITS market by freight and commercial ITS
  • Global ITS market by public transportation ITS
PART 07: Geographical segmentation
  • Global ITS market segmentation by geography
  • ITS market in Americas
  • ITS market in APAC
  • ITS market in EMEA
PART 08: Key leading countries
  • US
  • Singapore
  • Japan
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Impact of standardization in ITS
  • Benefits of ITS will lead the market in future
  • Innovations in ITS
PART 12: Vendor landscape
  • Competitive scenario
  • 3M
  • Kapsch Group
  • Neology
  • Q-Free
  • Siemens
  • TransCore
  • Other prominent vendors
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global ITS market 2016-2021 ($ billions)
Exhibit 02: Five forces analysis
Exhibit 03: Global ITS market segmentation by solution type 2016 and 2021 (% revenue)
Exhibit 04: Growth rate of various solutions in global ITS market 2017-2021
Exhibit 05: Global ITS market by network management 2016-2021 ($ billions)
Exhibit 06: Global ITS market by tolling system 2016-2021 ($ billions)
Exhibit 07: Tolling system in Malaysia and Singapore 2016 (approximate)
Exhibit 08: Global ITS market by automotive and infotainment telematics 2016-2021 ($ billions)
Exhibit 09: Car fleet leasing market in the US 2016-2021 ($ millions)
Exhibit 10: Global ITS market by road safety system 2016-2021 ($ billions)
Exhibit 11: Technologies used in road safety system market
Exhibit 12: Global ITS market by communication ITS 2016-2021 ($ billions)
Exhibit 13: Benefits of adopting communication systems
Exhibit 14: Global ITS market by security and crime reduction 2016-2021 ($ billions)
Exhibit 15: Global ITS market by freight and commercial ITS 2016-2021 ($ billions)
Exhibit 16: Global freight and commercial ITS market by geography 2016 (revenue %)
Exhibit 17: Global ITS market by public transportation ITS 2016-2021 ($ billions)
Exhibit 18: Global ITS market segmentation by geography 2016 and 2021 (% revenue)
Exhibit 19: Region-wise growth rate of global ITS market 2017-2021
Exhibit 20: ITS market in Americas 2016-2021 ($ billions)
Exhibit 21: ITS market in APAC 2016-2021 ($ billions)
Exhibit 22: ITS market in EMEA 2016-2021 ($ billions)
Exhibit 23: Key driver and challenge of ITS market in US
Exhibit 24: Key driver and challenge of ITS market in Singapore
Exhibit 25: Key driver and challenge of ITS market in Japan
Exhibit 26: Road freight transportation market in North America 2015-2021 ($ billions)
Exhibit 27: Setup cost and maintenance of ITS products (per product cost)
Exhibit 28: Benefits of ITS product implementation
Exhibit 29: 3M: Products offerings under ITS
Exhibit 30: 3M: Key developments
Exhibit 31: Kapsch TrafficCom: Solutions offered
Exhibit 32: Kapsch TrafficCom: Key developments
Exhibit 33: Sub-segmentation of AVI solutions
Exhibit 34: Neology: Key developments
Exhibit 35: Q-Free: Product offerings
Exhibit 36: Q-Free: Key developments
Exhibit 37: Siemens: Key developments
Exhibit 38: TransCore: Business segmentation
Exhibit 39: TransCore: Key developments
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • 3M
  • Agero
  • EFKON
  • KLD Engineering
  • Neology
  • Q-Free
  • MORE
New Report Released: - Global Intelligent Transport System (ITS) Market 2017-2021

The author of the report recognizes the following companies as the key players in the global intelligent transport system market: 3M, Kapsch Group, Neology, Q-Free, Siemens, and TransCore.

Other Prominent Vendors in the market are: ADDCO LLC, Agero, DENSO CORPORATION, EFKON, International Road Dynamics, KLD Engineering, Lanner, Peek Traffic Corporation, and Traffic Tech (Gulf).

Commenting on the report, an analyst from the research team said: “One trend in the market is impact of standardization in ITS. Standardization of ITS to provide uniform platform is the current issue in the global ITS market. Standardization implies creating a common platform to handle variance in devices.”

According to the report, one driver in the market is increasing road traffic congestion in Asian countries. The urban traffic road congestion is increasing across the world because of the increasing disposable income and ineffective public transportation. These factors are stronger in the Asian countries compared with the rest of the world. The middle-class population in the Asian countries is around 60% of the global middle-class population, and their disposable income will grow at a CAGR of around 15.29% between 2016 and 2020. The increase in disposable income is expected to increase the vehicle sales in the Asian countries by around 9% in 2018.

Further, the report states that one challenge in the market is higher setup cost and operating cost. The ITS equipment requires high capital investment for setting up. This is because the feedstock cost for ITS product manufacturing is high. A software platform is required to build an ITS equipment. Procurement of software, electronics chips and camera, and sensors and transponders is the major cost consumption factor of ITS manufacturing. The marketing and promotion cost for ITS products is minimal as these products have an inbuilt demand from public players and large corporates.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • 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)
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll