The global Intelligent Transportation System Market is highly fragmented due to the presence of various large numbers of players which forms a competitive environment. The report entails all-inclusive information associated with the latest market updates such as new ideas, market size, opportunity, growth path and trends for the forecast period of 2020-2026 to gain competitive edge across the globe. This report also highlights various important strategic mergers and acquisitions, company overview, financial details, and the latest development undertaken.
The research report also covers the
comprehensive profiles of the key players in the market and an in-depth view of
the competitive landscape worldwide. The major players in the intelligent
transportation system market include Affiliated Computer Services, Inc., Denso
Corporation, Agero, Inc., Addco Llc, Lanner Electronics, Inc., Nuance Communications,
Inc., Ricardo Plc, Sensys Networks, Inc., Telenav, Inc., Efkon AG and Thales
Group. This section includes a holistic view of the competitive landscape that
includes various strategic developments such as key mergers& acquisitions,
future capacities, partnerships, financial overviews, collaborations, new
product developments, new product launches, and other developments.
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Market
Dynamics
The increasing number of mega cities, the
population growth and recent government initiatives on transport and traffic
management, are the important driving factor for the market growth. The
intelligent transportation system market is expected to accelerate growth over
the forecast timeline due to an increase in the adoption of smart transport
systems by people to reduce traffic jamming problems and favorable government
initiatives on smart transport infrastructure. Rising technological
advancements, globalization, and the growing trend of intelligent airways
systems attributing rising prosperity in economies.
The report covers Porter’s Five Forces
Model, Market Attractiveness Analysis and Value Chain analysis. These tools
help to get a clear picture of the industry’s structure and evaluate the
competition attractiveness at a global level.
Additionally, these tools also give
inclusive assessment of each application and system segment in the global
market of intelligent transportation system.
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Global Intelligent Transportation System Market Research Report with detailed
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Market
Segmentation
The entire intelligent transportation
system market has been sub-categorized into type, application, and end-user.
The report provides an analysis of these subsets with respect to the
geographical segmentation. This research study will keep marketer informed and
helps to identify the target demographics for a product or service.
By
Application
·
Traffic Monitoring
·
Collision Avoidance Systems
·
Fleet Management & Asset
Monitoring
·
Traffic Signal Control Systems
·
Parking Availability Systems
·
Variable Traffic Message Signs
·
Traffic Enforcement Cameras
By
System
·
Advanced Traveler Information
System
·
Vehicle-to-Vehicle Interaction
and Vehicle-to-Infrastructure Interaction
·
Advanced Traffic Management
System
·
Advanced Public Transportation
System (APTS)
·
Commercial Vehicle Operation
·
ITS - Enabled Transportation
Pricing System
Regional
Analysis
This section covers regional segmentation
which accentuates on current and future demand for intelligent transportation
system market across North America, Europe, Asia-Pacific, Latin America, and
Middle East & Africa. Further, the report focuses on demand for individual
application segment across all the prominent regions.
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