ITS(Intelligent transportation systems) market 2025: Trends, Business Strategies and Opportunities with Key Players Analysis
ReportsWeb.com added “Intelligent Transportation System Market - Global Trends, 2017 Analysis and 2025 Forecasts” report to its research database. This Report is spread across 150 Pages and Supported by 10 Company Leaders.
(EMAILWIRE.COM, November 09, 2017 ) Intelligent transportation systems (its) is integrated application of information and communication technologies with an aim to provide highly efficient transportation related services and traffic management. In addition, ITS aids in improving the operational efficiency, enhancing road safety, maintaining sustainability of transportation networks and reducing traffic congestion. Various elements such as sensors, telematics, communication devices, and other data analysis applications form the integral components of an intelligent transportation system. Intelligent transportation system can be widely deployed in various applications as it makes use of parking availability system, collision avoidance system, and traffic enforcement camera among others.
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The major factor hindering the global ITS market is the slow growth of intelligent infrastructure owing to high installation cost for monitoring and controlling devices. Another key factor restricting the global ITS market is the lack of standardization and interoperability between different types of transportation and telecom technologies. However, the introduction of smart vehicles enabled with intelligent transportation system is expected to provide better driving experience, and is thus expected to contribute significantly towards the growth of the global ITS market. Another factor analyzed to propel the growth of intelligent transportation systems is public private partnerships (PPP) for advanced traffic management. Also, initiatives such as vehicle to infrastructure (V2I) and vehicle to vehicle (V2V) communication are estimated to be key factors boosting the global intelligent transportation system market.
Global Intelligent Transportation System Market Players:
- Agero, Inc.
- Xerox Corporation
- Lanner Electronics Incorporated
- Nuance Communications, Inc.
- Denso Corporation
- Q-Free ASA
- Siemens AG
- Hitachi, Ltd.
- WS Atkins PLC
- EFKON AG
- Iteris, Inc.
- Garmin Ltd.
- Telenav, Inc.
- TomTom International BV
- Kapsch TrafficCom AG
- Thales Group
- TransCore, LP
- Addco LLC
- Ricardo plc
- Sensys Networks, Inc.
Complete Report is Available http://www.reportsweb.com/intelligent-transportation-system-its-market-to-2025
The intelligent transportation system market has been segmented on the basis of system into advanced traveler information system (ATIS), advanced public transportation system (APTS), advanced traffic management system (ATMS), advanced transportation pricing system (ATPS), commercial vehicle operation (CVO), and ITS-enabled transportation pricing system. Additionally, the intelligent transportation system market has been fragmented based on components such as interface board, sensors, surveillance camera, monitoring & detection systems, telecommunication network, and software among others. In addition, the intelligent transportation system market has been segmented based on applications, namely: traffic signal control system, traffic monitoring system, fleet management & asset monitoring system, parking availability system, traffic enforcement camera, collision avoidance system, and automotive telematics among others.
Few Point in Table of Content
8 Global Intelligent Transport System Market Revenue and Forecasts to 2025 - Systems
8.1 Overview
8.1.1 Segment Share (%), 2014 & 2025
8.2 Advanced Traveler Information System (ATIS)
8.3 Advanced Public Transportation System (APTS)
8.4 Advanced Traffic Management System (ATMS)
8.5 Advanced Transportation Pricing System (ATPS)
8.6 Commercial Vehicle Operation (CVO)
8.7 ITS-Enabled Transportation Pricing System
9 Global Intelligent Transport System Market Revenue and Forecasts to 2025 - Components
9.1 Overview
9.1.1 Segment Share (%), 2014 & 2025
9.2 Interface Board
9.3 Sensors
9.4 Surveillance Camera
9.5 Monitoring & Detection Systems
9.6 Telecommunication Network
9.7 Others (Software, etc.)
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The major factor hindering the global ITS market is the slow growth of intelligent infrastructure owing to high installation cost for monitoring and controlling devices. Another key factor restricting the global ITS market is the lack of standardization and interoperability between different types of transportation and telecom technologies. However, the introduction of smart vehicles enabled with intelligent transportation system is expected to provide better driving experience, and is thus expected to contribute significantly towards the growth of the global ITS market. Another factor analyzed to propel the growth of intelligent transportation systems is public private partnerships (PPP) for advanced traffic management. Also, initiatives such as vehicle to infrastructure (V2I) and vehicle to vehicle (V2V) communication are estimated to be key factors boosting the global intelligent transportation system market.
Global Intelligent Transportation System Market Players:
- Agero, Inc.
- Xerox Corporation
- Lanner Electronics Incorporated
- Nuance Communications, Inc.
- Denso Corporation
- Q-Free ASA
- Siemens AG
- Hitachi, Ltd.
- WS Atkins PLC
- EFKON AG
- Iteris, Inc.
- Garmin Ltd.
- Telenav, Inc.
- TomTom International BV
- Kapsch TrafficCom AG
- Thales Group
- TransCore, LP
- Addco LLC
- Ricardo plc
- Sensys Networks, Inc.
Complete Report is Available http://www.reportsweb.com/intelligent-transportation-system-its-market-to-2025
The intelligent transportation system market has been segmented on the basis of system into advanced traveler information system (ATIS), advanced public transportation system (APTS), advanced traffic management system (ATMS), advanced transportation pricing system (ATPS), commercial vehicle operation (CVO), and ITS-enabled transportation pricing system. Additionally, the intelligent transportation system market has been fragmented based on components such as interface board, sensors, surveillance camera, monitoring & detection systems, telecommunication network, and software among others. In addition, the intelligent transportation system market has been segmented based on applications, namely: traffic signal control system, traffic monitoring system, fleet management & asset monitoring system, parking availability system, traffic enforcement camera, collision avoidance system, and automotive telematics among others.
Few Point in Table of Content
8 Global Intelligent Transport System Market Revenue and Forecasts to 2025 - Systems
8.1 Overview
8.1.1 Segment Share (%), 2014 & 2025
8.2 Advanced Traveler Information System (ATIS)
8.3 Advanced Public Transportation System (APTS)
8.4 Advanced Traffic Management System (ATMS)
8.5 Advanced Transportation Pricing System (ATPS)
8.6 Commercial Vehicle Operation (CVO)
8.7 ITS-Enabled Transportation Pricing System
9 Global Intelligent Transport System Market Revenue and Forecasts to 2025 - Components
9.1 Overview
9.1.1 Segment Share (%), 2014 & 2025
9.2 Interface Board
9.3 Sensors
9.4 Surveillance Camera
9.5 Monitoring & Detection Systems
9.6 Telecommunication Network
9.7 Others (Software, etc.)
About ReportsWeb:
ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
Contact Us:
Phone: +1-646-491-9876
Email Id: sales@reportsweb.com
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results