Intelligent Transport System (ITS)
is a sophisticated solution that provides solutions related to
different modes of traffic and transport management. The traffic
management process is rationalized with the optimization of quality,
reduction of the costs incurred, and the time taken to implement
decisions. The different types of ITS include network management
systems, public transport ITS, freight and commercial ITS, road safety
system, security and crime reduction ITS, Communication ITS, and
automotive and infotainment telematics.
The Global Intelligent Transport System (Its) Market to grow at a CAGR of 8.70% during the period 2017-2021.
Covered in this report
The report covers the present scenario
and the growth prospects of the global intelligent transport system
market for 2017-2021. To calculate the market size, the report considers
the revenue generated by different vendors through the global ITS
market.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Global Intelligent Transport System (ITS)
Market 2017-2021, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the market
landscape and its growth prospects over the coming years. The report
also includes a discussion of the key vendors operating in this market.
Key vendors
• 3M
• Kapsch Group
• Neology
Other prominent vendors
• ADDCO LLC
• Agero
• DENSO CORPORATION
Market driver
• Increasing road traffic congestion in Asian countries
• For a full, detailed list, view our report
Market challenge
• Higher setup cost and operating cost
• For a full, detailed list, view our report
Market trend
• Impact of standardization in ITS
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our
analyst’s time when you purchase this market report. Details are
provided within the report.
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