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US Intelligent Transportation System Market (2022-2027) by Component, System, Mode of Transport, Application., Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5585455
  • Report
  • April 2022
  • Region: United States
  • 180 Pages
  • Infogence Global Research

FEATURED COMPANIES

  • Addco LLC
  • Cubic Corp
  • Denso Corp
  • Garmin International Inc
  • Indra Sistemas, S.A.
  • Kapsch Trafficcom
The US Intelligent Transportation System Market is estimated to be USD 9.0741 Bn in 2022 and is projected to reach USD 12.82 Bn by 2027, growing at a CAGR of 7.15%.



Market dynamics are forces that impact the prices and behaviors of the US Intelligent Transportation System Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Intelligent Transportation System Market is segmented based on Component, System, Mode of Trasport, and Application.
  • By Component, the market is classified into Hardware, Software, and Services.
  • By System, the market is classified into Advanced Traveler Information Systems (ATIS), ITs-Enabled Transportation Pricing Systems (ITPS), Advanced Public Transportation Systems (APTS), and Commercial Vehicle Operations (CVO) Systems.
  • By Mode of Trasport, the market is classified into Roadways, Railways, Aviation, and Maritime.
  • By Application, the market is classified into Fleet Management & Asset Monitoring, Traffic Monitoring & Management, Collision Avoidance, Parking Monitoring & Management, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Addco LLC, Conduent Inc, Cubic Corp, Daktronics, Denso Corp, FLIR Systems, Garmin International Inc, IBM Corp, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Intelligent Transportation System Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Intelligent Transportation System Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Intelligent Transportation System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Intelligent Transportation System Market

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

The US Intelligent Transportation System Market was estimated to be valued at $9.1 Billion in 2022.

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

The growth rate of the US Intelligent Transportation System Market is 7.1%, with an estimated value of $12.8 Billion by 2027.

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

The US Intelligent Transportation System Market is estimated to be worth $12.8 Billion by 2027.

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

Key companies in the US Intelligent Transportation System Market include Addco LLC, Conduent Inc, Cubic Corp, Daktronics, Denso Corp, FLIR Systems, Garmin International Inc, IBM Corp and Iteris Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Addco LLC
  • Cubic Corp
  • Denso Corp
  • Garmin International Inc
  • Indra Sistemas, S.A.
  • Kapsch Trafficcom

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Government Efforts to Ensure Road and Public Safety
4.1.2 Increased Need to Reduce Traffic Congestion
4.1.3 Favorable Government Initiatives for Effective Traffic Management
4.1.4 High Adoption of Ecofriendly Automobile Technology
4.1.5 Rapid Development of Smart Cities Globally
4.2 Restraints
4.2.1 High Installation Cost of Intelligent Transport System
4.3 Opportunities
4.3.1 Increasing Focus of Automobile Companies in Designing and Developing Smart Vehicles Compatible with ITS
4.3.2 Growing Number of Economically and Technologically Advanced Countries
4.4 Challenges
4.4.1 Achieving Interoperable and Standard ITS Architecture Worldwide
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US' Intelligent Transportation System Market, By Component
6.1 Introduction
6.2 Hardware
6.2.1 Interface Boards
6.2.1.1 Multifunctional Boards
6.2.1.2 Vehicle Detection Boards
6.2.1.3 Communication Boards
6.2.2 Sensors
6.2.2.1 Vehicle Detection Sensors
6.2.2.2 Pedestrian Presence Sensors
6.2.2.3 Speed Sensors
6.2.3 Surveillance Cameras
6.2.3.1 Thermal Cameras
6.2.3.2 Aid Cameras
6.2.4 Telecommunication Networks
6.2.4.1 Fiber Optic Cables
6.2.4.2 Copper Lines
6.2.4.3 Wireless Media
6.2.5 Monitoring And Detection Systems
6.2.5.1 Automatic Number Plate Recognition Systems
6.2.5.2 Intelligent Traffic Controllers
6.2.6 Others
6.2.6.1 Linked Traffic Controllers
6.2.6.2 Variable Message Signboards
6.3 Software
6.3.1 Visualization Software
6.3.2 Video Detection Management Software
6.3.3 Transit Management Software
6.3.4 Others
6.3.5 Services
6.3.5.1 Business And Cloud Services
6.3.5.2 Support And Maintenance Services
7 US' Intelligent Transportation System Market, By System
7.1 Introduction
7.2 Advanced Traveler Information Systems (ATIS)
7.3 ITs-Enabled Transportation Pricing Systems (ITPS)
7.4 1 Vehicle-To-Vehicle (V2V)
7.5 2 Vehicle-To-Infrastructure (V2I)
7.6 3 Vehicle-To-Everything (V2X) Communication
7.7 Advanced Public Transportation Systems (APTS)
7.8 Commercia
8 US' Intelligent Transportation System Market, By Mode of Trasport
8.1 Introduction
8.2 Roadways
8.3 Railways
8.4 Aviation
8.5 Maritime
9 US' Intelligent Transportation System Market, By Application
9.1 Introduction
9.2 Fleet Management & Asset Monitoring
9.3 Traffic Monitoring & Management
9.4 Collision Avoidance
9.5 Parking Monitoring & Management
9.6 Others
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 Addco LLC
11.2 Conduent Inc
11.3 Cubic Corp
11.4 Daktronics
11.5 Denso Corp
11.6 FLIR Systems
11.7 Garmin International Inc
11.8 IBM Corp
11.9 Indra Sistemas, S.A.
11.10 Iteris Inc
11.11 Kapsch Trafficcom
11.12 Lanner Electronics Inc
11.13 Siemens AG
11.14 Teledyne Flir LLC
11.15 Thales Group
11.16 Tomtom International B.V.
11.17 WS Atkins plc
12 Appendix
12.1 Questionnaire
Note: Product cover images may vary from those shown
  • Addco LLC
  • Conduent Inc
  • Cubic Corp
  • Daktronics
  • Denso Corp
  • FLIR Systems
  • Garmin International Inc
  • IBM Corp
  • Indra Sistemas, S.A.
  • Iteris Inc
  • Kapsch Trafficcom
  • Lanner Electronics Inc
  • Siemens AG
  • Teledyne Flir LLC
  • Thales Group
  • Tomtom International B.V.
  • WS Atkins plc
Note: Product cover images may vary from those shown