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Global Intelligent Transportation System (ITS) Market 2019-2025

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  • August 2019
  • Region: Global
  • Orion Market Research Private Limited
  • ID: 4841450
UP TO OFF until Dec 31st 2022
Global Intelligent Transportation System (ITS) Market Size, Share & Trends Analysis Report by System Type (Advanced Public Transportation System, Advanced Traveler Information System, Advanced Traffic Management System, Commercial Vehicle Operation & ITS Enabled Transportation Pricing System), and by Application (Freight Management, Public Transport Management, Automotive Telematics Management, Parking Management, Road Tolling Management and Other) and Forecast, 2019-202

Intelligent Transportation System (ITS) is a software which is largely accepted across the developed and emerging economies to enhance the safety in transportations. ITS system has its applications in roadways and metro/underground rail systems. It uses advanced technologies such as Global Positioning System (GPS), Dedicated Short Range Communication (DSRC), Carrier Access for Land Mobiles (CALM), and other technologies. Moreover, increasing traffic congestion problem and favorable initiatives taken by the government for effective traffic management are some of the factors which drive the global ITS market growth. For instance, the US Department of Transport (DOT) is focusing on intelligent vehicles, intelligent infrastructure and a combination of both. A Federal ITS program has been started by DOT which would make investigation and research initiatives through proper investment. However, factor such as slow growth of infrastructure due to the high cost of installation in the emerging region is one the restraint which hinders the market growth.

The global ITS market is segmented on the basis of system type, and application. On the basis of system type, the market is sub-segmented into the advanced public transportation system, advanced traveler information system, advanced traffic management system, commercial vehicle operation, and ITS enabled transportation pricing system. Moreover, on the basis of application, the market is divided into freight management, public transport management, automotive telematics management, parking management, road tolling management and other. ITS enabled road tolling management system segment has a significant market share as it offers enhanced visibility into the overall timeline of buses & trains. Furthermore, the increasing number of passengers in public transport and increasing investment in real-time information systems are expected to help passengers by providing real-time status. Geographically, the market is segmented on the basis of major regions, including North America, Europe, Asia-pacific and Rest of the world (RoW). The companies providing ITS solutions include FLIR Systems, Inc., Hitachi, Ltd., IBM Corp., Iteris, Inc., Advantech Co., Ltd., AECOM, Clever Devices Ltd., Cubic Corp., and Denso Corp. among others.

Research Methodology

The market study of the global ITS market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include
  • Financial reports of companies involved in the market
  • Authentic public databases
  • Whitepapers, research-papers and news blogs
  • Company websites and their product catalog

The report is intended for the ITS solution providers, technology investors, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market Segmentation
1. Global ITS Market Research and Analysis by System Type
2. Global ITS Market Research and Analysis by Application

The Report Covers
  • Comprehensive research methodology of the global ITS market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Insights about market determinants which are stimulating the global ITS market.
  • Detailed and extensive market segments with regional distribution of forecast revenues.
  • Extensive profiles and recent developments of market players.

Table of Contents

1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Definition
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. AECOM Overview Financial Analysis SWOT Analysis Recent Developments
3.3.2. Kapsch AG Overview Financial Analysis SWOT Analysis Recent Developments
3.3.3. Hitachi, Ltd. Overview Financial Analysis SWOT Analysis Recent Developments
3.3.4. FLIR Systems, Inc. Overview Financial Analysis SWOT Analysis Recent Developments
3.3.5. Cubic Corp. Overview Financial Analysis SWOT Analysis Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global ITS Market by System Type
5.1.1. Advanced Public Transportation System
5.1.2. Advanced Traveller Information System
5.1.3. Advanced Traffic Management System
5.1.4. Commercial vehicle Operation
5.1.5. ITS Enabled Transportation Pricing System
5.2. Global ITS Market by Application
5.2.1. Freight Management
5.2.2. Public Transport Management
5.2.3. Automotive Telematics Management
5.2.4. Parking Management
5.2.5. Road Tolling Management
5.2.6. Other (Ticket Management, Emergency vehicle Notification)
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Advantech Co., Ltd.
7.2. AECOM
7.3. Clever Devices Ltd.
7.4. Cubic Corp.
7.5. Denso Corp.
7.6. Efkon GmbH
7.7. ETA Transit
7.8. FLIR Systems, Inc.
7.9. Hitachi, Ltd.
7.10. IBM Corp.
7.11. Iteris, Inc.
7.12. Kapsch AG
7.13. Kofax, Inc.
7.14. Lanner Electronics, Inc.
7.15. ORTANA
7.16. Ricardo
7.17. Roper Technologies, Inc.
7.18. Siemens AG
7.19. Sumitomo Electric Industries, Ltd.
7.20. TagMaster
7.21. Thales Group
7.22. Tollman International Pvt. Ltd.
7.23. Transmax Pty Ltd.
7.24. Trapeze Group
7.25. VaaaN Infra Pvt. Ltd.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Advantech Co., Ltd.
  • Clever Devices Ltd.
  • Cubic Corp.
  • Denso Corp.
  • Efkon GmbH
  • ETA Transit
  • FLIR Systems, Inc.
  • Hitachi, Ltd.
  • IBM Corp.
  • Iteris, Inc.
  • Kapsch AG
  • Kofax, Inc.
  • Lanner Electronics, Inc.
  • Ricardo
  • Roper Technologies, Inc.
  • Siemens AG
  • Sumitomo Electric Industries, Ltd.
  • TagMaster
  • Thales Group
  • Tollman International Pvt. Ltd.
  • Transmax Pty Ltd.
  • Trapeze Group
  • VaaaN Infra Pvt. Ltd.