Intelligent Transportation System Market Size by 2031
The intelligent transportation system market size is projected to reach US$ 66,355.13 million by 2031 from US$ 35,938.98 million in 2023. The market is expected to register a CAGR of 8.0% during 2023–2031. The implementation V2X for intelligent transportation systems is likely to emerge as a new trend during the forecast period.
Intelligent Transportation System Market Analysis
Roads (vital components of urban infrastructure) facilitate human mobility and logistics, serve as the basis of social and economic growth, and link cities, ports, and airports. Although road maintenance and development promote economic growth, the increased traffic volume leads to issues such as overcrowding and road accidents. The negative consequences of increasing vehicle ownership have been worse in recent years. It has led to a significant increase in road traffic injuries and environmental degradation due to greenhouse gas emissions. To improve traffic management and infrastructure, ITS uses a wide range of ICTs based on wired and wireless connections. It lowers transportation risks, eases traffic congestion, increases transportation efficiency, lowers pollution, and enhances the driving experience, road system safety, and capacity. By integrating cutting-edge communications technology into the transportation infrastructure and vehicles, ITS increases productivity, improves mobility and safety in transportation, and strengthens global connection. Thus, the demand for ITS is expected to grow in the upcoming years. The intelligent transportation system (ITS) market is majorly driven by increasing smart city initiatives and infrastructure development, rapid urbanization across regions, and government initiatives to enhance road safety. Further, the focus of government bodies to improve transportation infrastructure is expected to generate lucrative opportunities in the market during the forecast period. However, system integration challenges, cybersecurity threats, and high maintenance costs are factors hampering the market growth.
Intelligent Transportation System Market Overview
Intelligent transportation systems use state-of-the-art wireless, electronic, and automated technologies to monitor, assess, and control transportation networks. They use information and communications technology (ICT) to connect automobiles and transportation infrastructure. Thus, the advantages of wireless devices, sensor technologies, and smart ICT services have led to a surge in the adoption of ITS. Further, ITS has numerous applications in tolling, commercial vehicle operations, traffic operations, traveler information, and public transportation to improve traffic flow, prevent collisions, and enhance passenger comfort and safety.
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Intelligent Transportation System Market: Strategic Insights
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Intelligent Transportation System Market Drivers and Opportunities
Rapid Urbanization Across Regions to Fuel Market Growth
Traditional transportation infrastructure is perceived to be inefficient in resource allocation, pollution control, and traffic congestion. The increase in commuter traffic and vehicle ownership generates a persistent need for intelligent solutions and improved traffic management techniques. ITS aids in automated parking, smart traffic lights, and real-time public transport tracking. Transportation management is an important aspect of urban planning and development. According to the United Nations Economic Commission for Europe (UNECE), by 2050, 55% of the world's population is expected to live in urban areas. Further, according to the World Bank, 56% of the world's population, i.e., 4.4 billion inhabitants, currently live in cities. This trend is expected to continue, with the urban population reaching new heights by 2050, wherein nearly 7 of 10 people may live in cities. Given that cities create over 80% of the world's GDP, well-managed urbanization can promote sustainable growth by boosting productivity. Thus, urban expansion and development boost the intelligent transportation system market growth.
Government Focus on Transportation Infrastructure
The construction of metro facilities, new airports, and railway networks is growing worldwide. In March 2023, the Canadian Kelowna City Council approved the funding of US$ 90 million for the Kelowna Airport terminal expansion project. As of 2023, six new airports were under construction in the US. In 2022, the Government of India announced its plans to build 220 airports by the end of 2025. In 2023, the Indian government approved US$ 3.93 billion for seven transformative railway projects to boost connectivity. In November 2021, The US Congress passed the Bipartisan Infrastructure Deal to repair and rebuild roads and bridges across the country by investing US$ 110 billion. By focusing on climate change mitigation, resilience, equity, and safety for all users, the investment is aligned to transform poor roads and highways in the country in the next five years. According to a joint statement by the US President and Canada's Prime Minister in March 2023, under the Canadian Critical Minerals Infrastructure Fund, ~US$ 1.09 billion (CAD 1.5 billion) will be invested to support clean energy and transportation infrastructure projects. Thus, the growing infrastructure development projects across the world are expected to create lucrative opportunities for the ITS market growth during the forecast period.
Intelligent Transportation System Market Report Segmentation Analysis
Key segments that contributed to the derivation of the intelligent transportation system market analysis are type, system, and application.
- Based on type, the intelligent transportation system market is segmented into hardware, software, and services. The hardware segment held the largest market share in 2023. The hardware category is further segmented into interface boards, sensor, surveillance camera, telecommunication network, monitoring and detection system, and others.
- Based on system, the intelligent transportation system market is segmented into advanced traffic management system (ATMS), advanced traveler information system (ATIS), ITS-enabled transportation pricing system (ITPS), advanced public transportation system (ATPS), commercial vehicle operation (CVO), and others. The advanced traffic management system (ATMS) segment held the largest market share in 2023.
- Based on application, the market is divided into fleet management and asset monitoring, intelligent traffic control, smart ticketing, variable traffic message sign, collision avoidance, and others. The intelligent traffic control segment held the largest share of the market in 2023.
Intelligent Transportation System Market Share Analysis by Geography
The geographic scope of the intelligent transportation system market report is mainly divided into five regions: North America, Asia Pacific, Europe, the Middle East & Africa, and South & Central America. Europe is the second-largest contributor to the global intelligent transportation system market, followed by Asia Pacific. Government bodies across this region are focusing on smart mobility and the implementation of ITS. For instance, in October 2023, with a view to accelerating digital transition and smarter mobility in the EU, the Council adopted a new framework for the deployment of ITS by revising the 2010 directive. Technology advancements such as automated and connected mobility, on-demand mobility apps, and multimodal transportation are all intended to be taken into consideration by the updated directive. Additionally, it seeks to improve interoperability and speed up the availability of digital data that supports navigation and multimodal trip planners. This will enable communication between automobiles and road infrastructure to alert drivers to unforeseen circumstances, such as a traffic bottleneck up ahead. On June 2, 2022, the Council adopted a general stance on this proposal. On June 9, 2023, a provisional agreement on the new directive's language was obtained after interinstitutional discussions with the European parliament.
Intelligent Transportation System Market Report Scope
Intelligent Transportation System Market News and Recent Developments
The intelligent transportation system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the intelligent transportation system market are listed below:
TomTom (TOM2), the location technology specialist, announced that it is deepening and extending its collaboration with Microsoft. TomTom’s maps and traffic data will power location-based services across Microsoft’s solutions, reaching hundreds of millions of people and organizations daily. The companies will work closely together on bringing innovations to market, including AI-infused products. In addition, TomTom is reaffirming Microsoft Azure as its preferred cloud provider. (Source: TomTom, Press Release, July 2024)
Kapsch TrafficCom's Automatic Number Plate Recognition (ANPR) software has received a big update lately. Depending on the application, the update can attain top performance in automatic number plate recognition. With the new ANPR software, artificial intelligence software was trained to detect number plates accurately and reliably using hundreds of thousands of photos in a GDPR-compliant manner. This will aid in the identification of vehicles without generating traffic congestion. (Source: Kapsch TrafficCom, Press Release, April 2023)
Intelligent Transportation System Market Report Coverage and Deliverables
The "Intelligent Transportation System Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Intelligent transportation system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Intelligent transportation system market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Intelligent transportation system market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the intelligent transportation system market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The robotics segment led the simultaneous localization and mapping market with a significant share in 2023.
The simultaneous localization and mapping market is expected to reach US$ 5,572.53 million by 2031.
Asia Pacific is anticipated to grow at the fastest CAGR over the forecast period.
Utilization of slam technology in space applications is expected to drive the growth of the simultaneous localization and mapping market in the coming years.
The key players operating in the simultaneous localization and mapping market include Sevensense Robotics AG; Rethink Robotics GmbH; NavVis GmbH; Kudan Inc; Exyn Technologies Inc; Slamcore Ltd; MAXST Co Ltd; FARO Technologies Inc; ANAVS GmbH; Nexxis; Kuka AG; Leica Geosystems AG; Applanix; Leishen Intelligent System Co., Ltd.; and Visimind AB.
Rising adoption of autonomous vehicles globally, increasing advent of industrial mobile robotics, and surging significance of small unmanned systems for cargo deliveries are the driving factors of simultaneous localization and mapping market.
The simultaneous localization and mapping market was estimated to be valued at US$ 481.52 million in 2023 and is anticipated to grow at a CAGR of 35.8% over the forecast period.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Intelligent Transportation System (ITS) Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. Intelligent Transportation System (ITS) Market – Key Market Dynamics
5.1 Intelligent Transportation System (ITS) Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Increasing Smart City Initiatives and Infrastructure Development
5.2.2 Rapid Urbanization Across Regions
5.2.3 Government Initiatives to Enhance Road Safety
5.3 Market Restraints
5.3.1 System Integration Challenges, Cybersecurity Threats, and High Maintenance Costs
5.4 Market Opportunities
5.4.1 Government Focus on Transportation Infrastructure
5.5 Future Trends
5.5.1 Vehicle-to-Everything (V2X) Communication
5.6 Impact of Drivers and Restraints:
6. Intelligent Transportation System (ITS) Market – Global Market Analysis
6.1 Intelligent Transportation System (ITS) Market Revenue (US$ Million), 2021–2031
6.2 Intelligent Transportation System (ITS) Market Forecast Analysis
7. Intelligent Transportation System (ITS) Market Analysis – by Type
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
7.1.2.1 Global Hardware Intelligent Transportation System (ITS) Market- Revenue and Forecast to 2031
7.2 Software
7.2.1 Overview
7.2.2 Software: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Services
7.3.1 Overview
7.3.2 Services: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
8. Intelligent Transportation System (ITS) Market Analysis – by System
8.1 Advanced Traffic Management System (ATMS)
8.1.1 Overview
8.1.2 Advanced Traffic Management System (ATMS): Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Advanced Traveler Information System (ATIS)
8.2.1 Overview
8.2.2 Advanced Traveler Information System (ATIS): Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
8.3 ITS-enabled Transportation Pricing System (ITPS)
8.3.1 Overview
8.3.2 ITS-enabled Transportation Pricing System (ITPS): Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
8.4 Advanced Public Transportation System (ATPS)
8.4.1 Overview
8.4.2 Advanced Public Transportation System (ATPS): Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
8.5 Commercial Vehicle Operation (CVO)
8.5.1 Overview
8.5.2 Commercial Vehicle Operation (CVO): Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
9. Intelligent Transportation System (ITS) Market Analysis – by Application
9.1 Fleet Management and Asset Monitoring
9.1.1 Overview
9.1.2 Fleet Management and Asset Monitoring: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Intelligent Traffic Control
9.2.1 Overview
9.2.2 Intelligent Traffic Control: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Smart Ticketing
9.3.1 Overview
9.3.2 Smart Ticketing: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
9.4 Variable Traffic Message Sign
9.4.1 Overview
9.4.2 Variable Traffic Message Sign: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
9.5 Collision Avoidance
9.5.1 Overview
9.5.2 Collision Avoidance: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10. Intelligent Transportation System (ITS) Market – Geographical Analysis
10.1 Overview
10.2 North America
10.2.1 North America Intelligent Transportation System (ITS) Market Overview
10.2.2 North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.2.3 North America: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.2.3.1 North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Type
10.2.3.1.1 North America: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.2.3.1.2 North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Hardware
10.2.4 North America: Intelligent Transportation System (ITS) Market Breakdown, by System
10.2.4.1 North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by System
10.2.5 North America: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.2.5.1 North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Application
10.2.6 North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Country
10.2.6.1 North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Country
10.2.6.2 United States: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.2.6.2.1 United States: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.2.6.2.1.1 United States: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.2.6.2.2 United States: Intelligent Transportation System (ITS) Market Breakdown, by System
10.2.6.2.3 United States: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.2.6.3 Canada: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.2.6.3.1 Canada: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.2.6.3.1.1 Canada: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.2.6.3.2 Canada: Intelligent Transportation System (ITS) Market Breakdown, by System
10.2.6.3.3 Canada: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.2.6.4 Mexico: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.2.6.4.1 Mexico: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.2.6.4.1.1 Mexico: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.2.6.4.2 Mexico: Intelligent Transportation System (ITS) Market Breakdown, by System
10.2.6.4.3 Mexico: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.3 Europe
10.3.1 Europe Intelligent Transportation System (ITS) Market Overview
10.3.2 Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.3.3 Europe: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.3.3.1 Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Type
10.3.3.1.1 Europe: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.3.3.1.2 Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Hardware
10.3.4 Europe: Intelligent Transportation System (ITS) Market Breakdown, by System
10.3.4.1 Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by System
10.3.5 Europe: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.3.5.1 Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Application
10.3.6 Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Country
10.3.6.1 Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Country
10.3.6.2 Germany: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.2.1 Germany: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.3.6.2.1.1 Germany: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.3.6.2.2 Germany: Intelligent Transportation System (ITS) Market Breakdown, by System
10.3.6.2.3 Germany: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.3.6.3 France: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.3.1 France: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.3.6.3.2 France: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.3.6.3.3 France: Intelligent Transportation System (ITS) Market Breakdown, by System
10.3.6.3.4 France: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.3.6.4 Italy: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.4.1 Italy: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.3.6.4.1.1 Italy: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.3.6.4.2 Italy: Intelligent Transportation System (ITS) Market Breakdown, by System
10.3.6.4.3 Italy: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.3.6.5 United Kingdom: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.5.1 United Kingdom: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.3.6.5.1.1 United Kingdom: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.3.6.5.2 United Kingdom: Intelligent Transportation System (ITS) Market Breakdown, by System
10.3.6.5.3 United Kingdom: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.3.6.6 Russia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.6.1 Russia: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.3.6.6.1.1 Russia: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.3.6.6.2 Russia: Intelligent Transportation System (ITS) Market Breakdown, by System
10.3.6.6.3 Russia: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.3.6.7 Rest of Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.3.6.7.1 Rest of Europe: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.3.6.7.1.1 Rest of Europe: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.3.6.7.2 Rest of Europe: Intelligent Transportation System (ITS) Market Breakdown, by System
10.3.6.7.3 Rest of Europe: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.4 Asia Pacific
10.4.1 Asia Pacific Intelligent Transportation System (ITS) Market Overview
10.4.2 Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.4.3 Asia Pacific: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.4.3.1 Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Type
10.4.3.1.1 Asia Pacific: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.4.3.1.2 Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Hardware
10.4.4 Asia Pacific: Intelligent Transportation System (ITS) Market Breakdown, by System
10.4.4.1 Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by System
10.4.5 Asia Pacific: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.4.5.1 Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Application
10.4.6 Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Country
10.4.6.1 Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Country
10.4.6.2 Australia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.2.1 Australia: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.4.6.2.1.1 Australia: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.4.6.2.2 Australia: Intelligent Transportation System (ITS) Market Breakdown, by System
10.4.6.2.3 Australia: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.4.6.3 China: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.3.1 China: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.4.6.3.1.1 China: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.4.6.3.2 China: Intelligent Transportation System (ITS) Market Breakdown, by System
10.4.6.3.3 China: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.4.6.4 India: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.4.1 India: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.4.6.4.2 India: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.4.6.4.3 India: Intelligent Transportation System (ITS) Market Breakdown, by System
10.4.6.4.4 India: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.4.6.5 Japan: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.5.1 Japan: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.4.6.5.2 Japan: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.4.6.5.3 Japan: Intelligent Transportation System (ITS) Market Breakdown, by System
10.4.6.5.4 Japan: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.4.6.6 South Korea: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.6.1 South Korea: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.4.6.6.2 South Korea: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.4.6.6.3 South Korea: Intelligent Transportation System (ITS) Market Breakdown, by System
10.4.6.6.4 South Korea: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.4.6.7 Rest of APAC: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.4.6.7.1 Rest of APAC: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.4.6.7.1.1 Rest of APAC: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.4.6.7.2 Rest of APAC: Intelligent Transportation System (ITS) Market Breakdown, by System
10.4.6.7.3 Rest of APAC: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.5 Middle East and Africa
10.5.1 Middle East and Africa Intelligent Transportation System (ITS) Market Overview
10.5.2 Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.5.3 Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.5.3.1 Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Type
10.5.3.1.1 Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.5.3.1.2 Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Hardware
10.5.4 Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by System
10.5.4.1 Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by System
10.5.5 Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.5.5.1 Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Application
10.5.6 Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Country
10.5.6.1 Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Country
10.5.6.2 South Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.2.1 South Africa: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.5.6.2.2 South Africa: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.5.6.2.3 South Africa: Intelligent Transportation System (ITS) Market Breakdown, by System
10.5.6.2.4 South Africa: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.5.6.3 Saudi Arabia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.3.1 Saudi Arabia: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.5.6.3.1.1 Saudi Arabia: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.5.6.3.2 Saudi Arabia: Intelligent Transportation System (ITS) Market Breakdown, by System
10.5.6.3.3 Saudi Arabia: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.5.6.4 United Arab Emirates: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.4.1 United Arab Emirates: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.5.6.4.1.1 United Arab Emirates: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.5.6.4.2 United Arab Emirates: Intelligent Transportation System (ITS) Market Breakdown, by System
10.5.6.4.3 United Arab Emirates: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.5.6.5 Rest of Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.5.6.5.1 Rest of Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.5.6.5.2 Rest of Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.5.6.5.3 Rest of Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by System
10.5.6.5.4 Rest of Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.6 South and Central America
10.6.1 South and Central America Intelligent Transportation System (ITS) Market Overview
10.6.2 South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.6.3 South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.6.3.1 South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Type
10.6.3.1.1 South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.6.3.1.2 South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Hardware
10.6.4 South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by System
10.6.4.1 South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by System
10.6.5 South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.6.5.1 South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Application
10.6.6 South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Country
10.6.6.1 South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast Analysis – by Country
10.6.6.2 Brazil: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.6.6.2.1 Brazil: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.6.6.2.1.1 Brazil: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.6.6.2.2 Brazil: Intelligent Transportation System (ITS) Market Breakdown, by System
10.6.6.2.3 Brazil: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.6.6.3 Argentina: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.6.6.3.1 Argentina: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.6.6.3.1.1 Argentina: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.6.6.3.2 Argentina: Intelligent Transportation System (ITS) Market Breakdown, by System
10.6.6.3.3 Argentina: Intelligent Transportation System (ITS) Market Breakdown, by Application
10.6.6.4 Rest of South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
10.6.6.4.1 Rest of South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by Type
10.6.6.4.1.1 Rest of South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by Hardware
10.6.6.4.2 Rest of South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by System
10.6.6.4.3 Rest of South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by Application
11. Competitive Landscape
11.1 Heat Map Analysis
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Cubic Transportation Systems Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Denso Corp
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Hitachi Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 EFKON GmbH
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Indra Sistemas SA
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Siemens AG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Cisco Systems Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Kapsch TrafficCom AG
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 TomTom International B.V.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Teledyne Technologies Inc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
List of Tables
Table 1. Intelligent Transportation System (ITS) Market Segmentation
Table 2. PEST Analysis
Table 3. List of Vendors
Table 4. Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Table 5. Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 6. Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million) – by System
Table 7. Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 8. North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 9. North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 10. North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 11. North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 12. North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 13. United States: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 14. United States: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 15. United States: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 16. United States: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 17. Canada: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 18. Canada: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 19. Canada: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 20. Canada: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 21. Mexico: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 22. Mexico: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 23. Mexico: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 24. Mexico: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 25. Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 26. Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 27. Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 28. Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 29. Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 30. Germany: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 31. Germany: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 32. Germany: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 33. Germany: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 34. France: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 35. France: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 36. France: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 37. France: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 38. Italy: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 39. Italy: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 40. Italy: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 41. Italy: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 42. United Kingdom: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 43. United Kingdom: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 44. United Kingdom: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 45. United Kingdom: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 46. Russia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 47. Russia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 48. Russia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 49. Russia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 50. Rest of Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 51. Rest of Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 52. Rest of Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 53. Rest of Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 54. Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 55. Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 56. Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 57. Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 58. Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 59. Australia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 60. Australia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 61. Australia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 62. Australia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 63. China: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 64. China: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 65. China: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 66. China: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 67. India: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 68. India: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 69. India: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 70. India: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 71. Japan: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 72. Japan: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 73. Japan: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 74. Japan: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 75. South Korea: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 76. South Korea: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 77. South Korea: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 78. South Korea: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 79. Rest of APAC: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 80. Rest of APAC: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 81. Rest of APAC: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 82. Rest of APAC: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 83. Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million) – by Type
Table 84. Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 85. Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million) – by System
Table 86. Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 87. Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 88. South Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 89. South Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 90. South Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 91. South Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 92. Saudi Arabia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 93. Saudi Arabia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 94. Saudi Arabia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 95. Saudi Arabia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 96. United Arab Emirates: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 97. United Arab Emirates: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million) – by Hardware
Table 98. United Arab Emirates: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million) – by System
Table 99. United Arab Emirates: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 100. Rest of Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 101. Rest of Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 102. Rest of Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 103. Rest of Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 104. South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 105. South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million) – by Hardware
Table 106. South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million) – by System
Table 107. South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 108. South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 109. Brazil: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 110. Brazil: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 111. Brazil: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 112. Brazil: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 113. Argentina: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 114. Argentina: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 115. Argentina: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 116. Argentina: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
Table 117. Rest of South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Type
Table 118. Rest of South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Hardware
Table 119. Rest of South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by System
Table 120. Rest of South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million) – by Application
List of Figures
Figure 1. Intelligent Transportation System (ITS) Market Segmentation, by Geography
Figure 2. Impact Analysis of Drivers and Restraints
Figure 3. Intelligent Transportation System (ITS) Market Revenue (US$ Million), 2021–2031
Figure 4. Intelligent Transportation System (ITS) Market Share (%) – by Type (2023 and 2031)
Figure 5. Hardware: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 6. Hardware: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 7. Software: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Services: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. Intelligent Transportation System (ITS) Market Share (%) – by System (2023 and 2031)
Figure 10. Advanced Traffic Management System (ATMS): Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Advanced Traveler Information System (ATIS): Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. ITS-enabled Transportation Pricing System (ITPS): Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Advanced Public Transportation System (ATPS): Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Commercial Vehicle Operation (CVO): Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Others: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Intelligent Transportation System (ITS) Market Share (%) – by Application (2023 and 2031)
Figure 17. Fleet Management and Asset Monitoring: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Intelligent Traffic Control: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. Smart Ticketing: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 20. Variable Traffic Message Sign: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Collision Avoidance: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Others: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. Intelligent Transportation System (ITS) Market Breakdown by Region, 2023 and 2031 (%)
Figure 24. North America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 25. North America: Intelligent Transportation System (ITS) Market Breakdown, by Type (2023 and 2031)
Figure 26. North America: Intelligent Transportation System (ITS) Market Breakdown, by Hardware (2023 and 2031)
Figure 27. North America: Intelligent Transportation System (ITS) Market Breakdown, by System (2023 and 2031)
Figure 28. North America: Intelligent Transportation System (ITS) Market Breakdown, by Application (2023 and 2031)
Figure 29. North America: Intelligent Transportation System (ITS) Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 30. United States: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 31. Canada: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 32. Mexico: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 33. Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 34. Europe: Intelligent Transportation System (ITS) Market Breakdown, by Type (2023 and 2031)
Figure 35. Europe: Intelligent Transportation System (ITS) Market Breakdown, by Hardware (2023 and 2031)
Figure 36. Europe: Intelligent Transportation System (ITS) Market Breakdown, by System (2023 and 2031)
Figure 37. Europe: Intelligent Transportation System (ITS) Market Breakdown, by Application (2023 and 2031)
Figure 38. Europe: Intelligent Transportation System (ITS) Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 39. Germany: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 40. France: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 41. Italy: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 42. United Kingdom: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 43. Russia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 44. Rest of Europe: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 45. Asia Pacific: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 46. Asia Pacific: Intelligent Transportation System (ITS) Market Breakdown, by Type (2023 and 2031)
Figure 47. Asia Pacific: Intelligent Transportation System (ITS) Market Breakdown, by Hardware (2023 and 2031)
Figure 48. Asia Pacific: Intelligent Transportation System (ITS) Market Breakdown, by System (2023 and 2031)
Figure 49. Asia Pacific: Intelligent Transportation System (ITS) Market Breakdown, by Application (2023 and 2031)
Figure 50. Asia Pacific: Intelligent Transportation System (ITS) Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 51. Australia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 52. China: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 53. India: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 54. Japan: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 55. South Korea: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 56. Rest of APAC: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 57. Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 58. Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by Type (2023 and 2031)
Figure 59. Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by Hardware (2023 and 2031)
Figure 60. Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by System (2023 and 2031)
Figure 61. Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by Application (2023 and 2031)
Figure 62. Middle East and Africa: Intelligent Transportation System (ITS) Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 63. South Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 64. Saudi Arabia: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 65. United Arab Emirates: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 66. Rest of Middle East and Africa: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 67. South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031 (US$ Million)
Figure 68. South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by Type (2023 and 2031)
Figure 69. South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by Hardware (2023 and 2031)
Figure 70. South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by System (2023 and 2031)
Figure 71. South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by Application (2023 and 2031)
Figure 72. South and Central America: Intelligent Transportation System (ITS) Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 73. Brazil: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 74. Argentina: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 75. Rest of South and Central America: Intelligent Transportation System (ITS) Market – Revenue and Forecast to 2031(US$ Million)
Figure 76. Heat Map Analysis
Figure 77. Heat Map Analysis
The List of Companies - Intelligent Transportation System Market
- Hitachi
- Siemens
- DENSO
- Cisco Systems, Inc.
- INDRA SISTEMAS SA
- EFKON GmbH
- Cubic Transportation Systems, Inc.
- Kapsch TrafficCom AG
- TomTom International BV
- Teledyne FLIR LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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