Intelligent Transportation Systems Market, By Product (Advanced Traveller Information System, Advanced Traffic Management System, Advanced Public Transportation System, Advanced Transportation Pricing Systems and Cooperative Vehicle Systems), by Application and Geography (NA, EU, APAC, LATAM and MEA) Analysis, Share, Trends, Size, & Forecast from 2014 2025
Report Code: av410
Industry: Semiconductor and Electronics
Publiced On: 2020-09-01
Pages: 101
Format:
REPORT HIGHLIGHT
The Intelligent Transportation Systems market is estimated to represent a global market of USD 25.37 billion by 2017 with growth rate of 10.2%.
Market Dynamics
Intelligent Traffic Systems (ITS) are aimed at optimizing travel for consumers. It involves reducing the road congestion problems to the minimum. ITS encompasses a host of services that provides data on the traffic situation, real-time information of best mode of transport, checking if seats are available or not. Overall, it makes the entire system smarter to a point that the user is well aware of the situation even before they leave. A survey by nationwide.com suggests that 40% of the issues are caused by bottlenecks, 25% occurs due to traffic accidents. A consumer that has access to this data in real-time can avoid the route, thus improving the overall situation. It is estimated that in the U.S alone 1.9 billion gallons of fuel is wasted in congestion. ITS aims at circumventing this situation.
Initiatives to improve road safety and reduce road accidents remains the key driver for this segment. Based on news published in the Indian Express (April 2019), Mumbai, one of the most congested cities in the world is estimated to get a traffic management system investment worth INR 891 crores. Government initiatives such as this continue to act as a catalyst to boost this industry. Various substitutes and alternative methods are being used in order to manage congestion better, these alternative systems could be a restraining factor.
Product Takeaway
Based on the type of products categorized under ITS, it is segmented as Advanced traveller information system (ATIS), Advanced Traffic Management System (ATMS), Advanced Transportation Pricing Systems (ATPS), Advanced Public Transportation System (APTS) and Cooperative Vehicle Systems. It is estimated that the ATIS segment is growing exponentially within the forecasted period. This system is inclusive of help in seeking route, safety solutions and warnings in case of exigencies. Advanced traffic management systems (ATMS) aims at significantly reducing the travel time for users. These intelligent systems also help in reducing pollution by lowering down the greenhouse gases.
Application Takeaway
The application segment for ITS is further segment into Traffic Management, Road Safety and Security, Freight Management, Public Transport, Environment Protection, Automotive Telematics, Parking Management, Road User Charging. These systems utilize the existing infrastructure and available systems in a smart way. Enhancing the overall connectively by effective management systems reduces the load. ITS enhances not just management, it protects the environment, calls for an organized parking system and better environmental practices that aim to reduce the stress caused by traffic. It also reduces the financial burden that countries face to expand and improve infrastructure when just better management does the job using existing infrastructure.
Regional Takeaway
With respect to the region, Asia Pacific is the fastest-growing market. Countries such as India & China are the most affected by traffic havoc. These countries are looking at better management systems for road, railways, air traffic, etc. Due to population and congestion, these countries are applying innovative solutions to reduce congestion menace. Currently, North America remains the leader in the implementation of ITS. The government of China is also investing over the US $500 million of better traffic management systems. Penang Smart Parking (PSP) system, is a system installed by the Penang government that also gives information on road blocks and parking availability. This app was launched for the public in August 2019.
Key Vendor Takeaway
Companies that are synonymous with ITS industry are Garmin International Inc., Hitachi Ltd, Siemens AG, WS Atkins PLC, Thales Group, EFKON AG, Iteris, Inc., Telenav, Inc., Nuance Communications Incorporation, and TomTom NV.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 to 2017
- Base Year – 2018
- Estimated Year – 2019
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCT
- Advanced traveller information system (ATIS)
- Advanced Traffic Management System(ATMS)
- Advanced Transportation Pricing Systems (ATPS)
- Advanced Public Transportation System (APTS)
- Cooperative Vehicle Systems
MARKET, BY APPLICATION
- Traffic Management
- Road Safety and Security
- Freight Management
- Public Transport
- Environment Protection
- Automotive Telematics
- Parking Management
- Road User Charging
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. INTELLIGENT TRANSPORTATION SYSTEMS MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Product
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. INTELLIGENT TRANSPORTATION SYSTEMS KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. INTELLIGENT TRANSPORTATION SYSTEMS INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. INTELLIGENT TRANSPORTATION SYSTEMS MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. INTELLIGENT TRANSPORTATION SYSTEMS MARKET – BY PRODUCT
6.1. Overview
6.1.1. Segment Share Analysis, By Product, 2018 & 2025 (%)
6.2. Advanced traveller information system (ATIS)
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Advanced Traffic Management System(ATMS)
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Advanced Transportation Pricing Systems (ATPS)
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Advanced Public Transportation System (APTS)
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.6. Cooperative Vehicle Systems
6.6.1. Overview
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. INTELLIGENT TRANSPORTATION SYSTEMS MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2018 & 2025 (%)
7.2. Traffic Management
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Road Safety and Security
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Freight Management
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Public Transport
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6. Environment Protection
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.7. Automotive Telematics
7.7.1. Overview
7.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.8. Parking Management
7.8.1. Overview
7.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.9. Road User Charging
7.9.1. Overview
7.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. INTELLIGENT TRANSPORTATION SYSTEMS MARKET– BY GEOGRAPHY
8.1. Introduction
8.1.1. Segment Share Analysis, By Region, 2018 & 2025 (%)
8.2. North America
8.2.1. Overview
8.2.2. Key Manufacturers in North America
8.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.2.4. North America Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.2.5. North America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.2.6. U.S.
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.7. Canada
8.2.7.1. Overview
8.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Key Manufacturers in Europe
8.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.3.4. Europe Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.3.5. Europe Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.3.6. Germany
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.7. Italy
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.8. United Kingdom
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.9. France
8.3.9.1. Overview
8.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.10. Rest of Europe
8.3.10.1. Overview
8.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Key Manufacturers in Asia Pacific
8.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.4.4. Asia Pacific Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.4.5. Asia Pacific Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.4.6. India
8.4.6.1. Overview
8.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.7. China
8.4.7.1. Overview
8.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.8. Japan
8.4.8.1. Overview
8.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.9. South Korea
8.4.9.1. Overview
8.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.10. Rest of APAC
8.4.10.1. Overview
8.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Latin America
8.5.1. Overview
8.5.2. Key Manufacturers in Latin America
8.5.3. Latin America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.5.4. Latin America Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.5.5. Latin America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.5.6. Brazil
8.5.6.1. Overview
8.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.7. Mexico
8.5.7.1. Overview
8.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.8. Argentina
8.5.8.1. Overview
8.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.9. Rest of LATAM
8.5.9.1. Overview
8.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6. Middle East and Africa
8.6.1. Overview
8.6.2. Key Manufacturers in Middle East and Africa
8.6.3. Middle East and Africa Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.6.4. Middle East and Africa Market Size and Forecast, By Product, 2014 – 2025 (US$ Million)
8.6.5. Middle East and Africa Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.6.6. Saudi Arabia
8.6.6.1. Overview
8.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6.7. United Arab Emirates
8.6.7.1. Overview
8.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. Garmin International Inc.
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Hitachi Limited
9.3. Siemens AG
9.4. WS Atkins PLC
9.5. Thales Group
9.6. EFKON AG
9.7. Iteris, Inc.
9.8. Telenav, Inc.
9.9. Nuance Communications Incorporation
9.10. TomTom NV
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. References
11.3. Abbreviations
11.4. Disclaimer
11.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Intelligent Transportation Systems market: Product snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Product
TABLE Global Intelligent Transportation Systems market, by Product 2014-2025 (USD Million)
TABLE Intelligent Transportation Systems market: Application Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Intelligent Transportation Systems market, by Application 2014-2025 (USD Million)
fTABLE Intelligent Transportation Systems market: Regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Intelligent Transportation Systems market, by Region 2014-2025 (USD Million)
TABLE North America Intelligent Transportation Systems market, by Country, 2014-2025 (USD Million)
TABLE North America Intelligent Transportation Systems market, by Product, 2014-2025 (USD Million)
TABLE North America Intelligent Transportation Systems market, by Application, 2014-2025 (USD Million)
TABLE Europe Intelligent Transportation Systems market, by country, 2014-2025 (USD Million)
TABLE Europe Intelligent Transportation Systems market, by Product, 2014-2025 (USD Million)
TABLE Europe Intelligent Transportation Systems market, by Application, 2014-2025 (USD Million)
TABLE Asia Pacific Intelligent Transportation Systems market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Intelligent Transportation Systems market, by Product, 2014-2025 (USD Million)
TABLE Asia Pacific Intelligent Transportation Systems market, by Application, 2014-2025 (USD Million)
TABLE Latin America Intelligent Transportation Systems market, by country, 2014-2025 (USD Million)
TABLE Latin America Intelligent Transportation Systems market, by Product, 2014-2025 (USD Million)
TABLE Latin America Intelligent Transportation Systems market, by Application, 2014-2025 (USD Million)
TABLE Middle East and Africa Intelligent Transportation Systems market, by country, 2014-2025 (USD Million)
TABLE Middle East and Africa Intelligent Transportation Systems market, by Product, 2014-2025 (USD Million)
TABLE Middle East and Africa Intelligent Transportation Systems market, by Application, 2014-2025 (USD Million)
List of Figures
FIGURE Intelligent Transportation Systems market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Product segment market share analysis, 2018 & 2025
FIGURE Product segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Advanced traveller information system (ATIS) market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Advanced Traffic Management System(ATMS) market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Advanced Transportation Pricing Systems (ATPS) market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Advanced Public Transportation System (APTS) market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Cooperative Vehicle Systems market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Application segment market share analysis, 2018 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Traffic Management application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Road Safety and Security application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Freight Management application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Public Transport application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Environment Protection application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Automotive Telematics application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Parking Management application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Road User Charging application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2018 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Intelligent Transportation Systems market share and leading players, 2018
FIGURE Europe Intelligent Transportation Systems market share and leading players, 2018
FIGURE Asia Pacific Intelligent Transportation Systems market share and leading players, 2018
FIGURE Latin America Intelligent Transportation Systems market share and leading players, 2018
FIGURE Middle East and Africa Intelligent Transportation Systems market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Spain market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Italy market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE UK market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE France market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Japan market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE South Korea market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Singapore market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of APAC market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market share analysis by country, 2018
FIGURE Brazil market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mexico market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Argentina market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of LATAM market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market share analysis by country, 2018
FIGURE Saudi Arabia market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE United Arab Emirates market size, forecast and trend analysis, 2014 to 2025 (USD Million)
