The global Intelligent Transportation System (ITS) Market is expected to reach USD 48.17 Billion by 2027, according to a new report by Emergen Research. The increasing number of on-road vehicles and inefficient existing transport infrastructure will encourage the need for an intelligent transportation system. Actions by the government towards establishing a more reliable infrastructure and running the transport system easily are anticipated to grow the market globally.

The Intelligent Transportation System research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on the detailed analysis of the technological and product developments undertaken by these companies.

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 Key companies profiled in the report include:

Thales Group, Garmin, Siemens, Tomtom International BV, Flir Systems, Inc., Q-Free, Cisco Systems, Efkon GMBH, Indra Sistemas, S.A., and Denso Corporation.

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Intelligent Transportation System market?

What are the key product types and applications of the Intelligent Transportation System industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Intelligent Transportation System market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Intelligent Transportation System Market by 2027?

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 Market Segmentation

• Mode of Transport Outlook (Revenue, USD Billion; 2017-2027)

  • Roadways
  • Airways
  • Railways

• Systems Outlook (Revenue, USD Billion; 2017-2027)

  • Advanced Traveler Information System
  • Advanced Public Transportation System
  • Advanced Traffic Management System
  • ITS-Enabled Transportation Pricing System
  • Commercial Vehicle Operation

• Application Outlook (Revenue, USD Billion; 2017-2027)

  • Intelligent Traffic Control
  • Parking Management
  • Fleet Management and Asset Monitoring
  • Collision Avoidance
  • Passenger Information Management
  • Emergency Vehicle Notification
  • Ticketing Management
  • Automotive Telematics

Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

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ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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