Global Intelligent Transportation System (ITS) Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI11241543

Publication Date:

November 28, 2024

Pages:

130

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Automotive) [2]

Components [3]

Automotive [4]

Description:

The global Intelligent Transportation System (ITS) market size was valued at US$ 881.8 million in 2023. With growing demand in downstream market, the Intelligent Transportation System (ITS) is forecast to a readjusted size of US$ 1561.6 million by 2030 with a CAGR of 8.5% during review period.
The research report highlights the growth potential of the global Intelligent Transportation System (ITS) market. Intelligent Transportation System (ITS) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Intelligent Transportation System (ITS). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Intelligent Transportation System (ITS) market.
An intelligent transportation system (ITS) is an advanced application which, without embodying intelligence as such, aims to provide innovative services relating to different modes of transport and traffic management and enable users to be better informed and make safer, more coordinated, and 'smarter' use of transport networks.
On the basis of application, the intelligent traffic control application held the largest share in 2017. This involves a much closer interaction between all of its constituents: drivers, pedestrians, public transportation, and traffic management systems. Adaptive signal systems, driver advisory and route planning, and automated vehicles are some of the goals set up to increase the efficiency of actual systems.
Key Features:
The report on Intelligent Transportation System (ITS) market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Intelligent Transportation System (ITS) market. It may include historical data, market segmentation by Type (e.g., Advanced Traffic Management System, Advanced Traveler Information System), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Intelligent Transportation System (ITS) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Intelligent Transportation System (ITS) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Intelligent Transportation System (ITS) industry. This include advancements in Intelligent Transportation System (ITS) technology, Intelligent Transportation System (ITS) new entrants, Intelligent Transportation System (ITS) new investment, and other innovations that are shaping the future of Intelligent Transportation System (ITS).
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Intelligent Transportation System (ITS) market. It includes factors influencing customer ' purchasing decisions, preferences for Intelligent Transportation System (ITS) product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Intelligent Transportation System (ITS) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Intelligent Transportation System (ITS) market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Intelligent Transportation System (ITS) market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Intelligent Transportation System (ITS) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Intelligent Transportation System (ITS) market.
Market Segmentation:
Intelligent Transportation System (ITS) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Advanced Traffic Management System
Advanced Traveler Information System
ITS-Enabled Transportation Pricing System
Advanced Public Transportation System
Commercial Vehicle Operation
Segmentation by application
Fleet Management and Asset Monitoring
Intelligent Traffic Control
Collision Avoidance
Parking Management
Passenger Information Management
Ticketing Management
Emergency Vehicle Notification
Automotive Telematics
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thales
Siemens
Garmin
Kapsch Trafficcom
Tomtom International
Cubic
Q-Free
Efkon
Flir Systems
Denso
Geotoll
Electricfeel
Doublemap
Bestmile
Nutonomy

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Intelligent Transportation System (ITS) Market Size 2019-2030
2.1.2 Intelligent Transportation System (ITS) Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Intelligent Transportation System (ITS) Segment by Type
2.2.1 Advanced Traffic Management System
2.2.2 Advanced Traveler Information System
2.2.3 ITS-Enabled Transportation Pricing System
2.2.4 Advanced Public Transportation System
2.2.5 Commercial Vehicle Operation
2.3 Intelligent Transportation System (ITS) Market Size by Type
2.3.1 Intelligent Transportation System (ITS) Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Intelligent Transportation System (ITS) Market Size Market Share by Type (2019-2024)
2.4 Intelligent Transportation System (ITS) Segment by Application
2.4.1 Fleet Management and Asset Monitoring
2.4.2 Intelligent Traffic Control
2.4.3 Collision Avoidance
2.4.4 Parking Management
2.4.5 Passenger Information Management
2.4.6 Ticketing Management
2.4.7 Emergency Vehicle Notification
2.4.8 Automotive Telematics
2.5 Intelligent Transportation System (ITS) Market Size by Application
2.5.1 Intelligent Transportation System (ITS) Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Intelligent Transportation System (ITS) Market Size Market Share by Application (2019-2024)
3 Intelligent Transportation System (ITS) Market Size by Player
3.1 Intelligent Transportation System (ITS) Market Size Market Share by Players
3.1.1 Global Intelligent Transportation System (ITS) Revenue by Players (2019-2024)
3.1.2 Global Intelligent Transportation System (ITS) Revenue Market Share by Players (2019-2024)
3.2 Global Intelligent Transportation System (ITS) Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Intelligent Transportation System (ITS) by Regions
4.1 Intelligent Transportation System (ITS) Market Size by Regions (2019-2024)
4.2 Americas Intelligent Transportation System (ITS) Market Size Growth (2019-2024)
4.3 APAC Intelligent Transportation System (ITS) Market Size Growth (2019-2024)
4.4 Europe Intelligent Transportation System (ITS) Market Size Growth (2019-2024)
4.5 Middle East & Africa Intelligent Transportation System (ITS) Market Size Growth (2019-2024)
5 Americas
5.1 Americas Intelligent Transportation System (ITS) Market Size by Country (2019-2024)
5.2 Americas Intelligent Transportation System (ITS) Market Size by Type (2019-2024)
5.3 Americas Intelligent Transportation System (ITS) Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Intelligent Transportation System (ITS) Market Size by Region (2019-2024)
6.2 APAC Intelligent Transportation System (ITS) Market Size by Type (2019-2024)
6.3 APAC Intelligent Transportation System (ITS) Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Intelligent Transportation System (ITS) by Country (2019-2024)
7.2 Europe Intelligent Transportation System (ITS) Market Size by Type (2019-2024)
7.3 Europe Intelligent Transportation System (ITS) Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Intelligent Transportation System (ITS) by Region (2019-2024)
8.2 Middle East & Africa Intelligent Transportation System (ITS) Market Size by Type (2019-2024)
8.3 Middle East & Africa Intelligent Transportation System (ITS) Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Intelligent Transportation System (ITS) Market Forecast
10.1 Global Intelligent Transportation System (ITS) Forecast by Regions (2025-2030)
10.1.1 Global Intelligent Transportation System (ITS) Forecast by Regions (2025-2030)
10.1.2 Americas Intelligent Transportation System (ITS) Forecast
10.1.3 APAC Intelligent Transportation System (ITS) Forecast
10.1.4 Europe Intelligent Transportation System (ITS) Forecast
10.1.5 Middle East & Africa Intelligent Transportation System (ITS) Forecast
10.2 Americas Intelligent Transportation System (ITS) Forecast by Country (2025-2030)
10.2.1 United States Intelligent Transportation System (ITS) Market Forecast
10.2.2 Canada Intelligent Transportation System (ITS) Market Forecast
10.2.3 Mexico Intelligent Transportation System (ITS) Market Forecast
10.2.4 Brazil Intelligent Transportation System (ITS) Market Forecast
10.3 APAC Intelligent Transportation System (ITS) Forecast by Region (2025-2030)
10.3.1 China Intelligent Transportation System (ITS) Market Forecast
10.3.2 Japan Intelligent Transportation System (ITS) Market Forecast
10.3.3 Korea Intelligent Transportation System (ITS) Market Forecast
10.3.4 Southeast Asia Intelligent Transportation System (ITS) Market Forecast
10.3.5 India Intelligent Transportation System (ITS) Market Forecast
10.3.6 Australia Intelligent Transportation System (ITS) Market Forecast
10.4 Europe Intelligent Transportation System (ITS) Forecast by Country (2025-2030)
10.4.1 Germany Intelligent Transportation System (ITS) Market Forecast
10.4.2 France Intelligent Transportation System (ITS) Market Forecast
10.4.3 UK Intelligent Transportation System (ITS) Market Forecast
10.4.4 Italy Intelligent Transportation System (ITS) Market Forecast
10.4.5 Russia Intelligent Transportation System (ITS) Market Forecast
10.5 Middle East & Africa Intelligent Transportation System (ITS) Forecast by Region (2025-2030)
10.5.1 Egypt Intelligent Transportation System (ITS) Market Forecast
10.5.2 South Africa Intelligent Transportation System (ITS) Market Forecast
10.5.3 Israel Intelligent Transportation System (ITS) Market Forecast
10.5.4 Turkey Intelligent Transportation System (ITS) Market Forecast
10.5.5 GCC Countries Intelligent Transportation System (ITS) Market Forecast
10.6 Global Intelligent Transportation System (ITS) Forecast by Type (2025-2030)
10.7 Global Intelligent Transportation System (ITS) Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Thales
11.1.1 Thales Company Information
11.1.2 Thales Intelligent Transportation System (ITS) Product Offered
11.1.3 Thales Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Thales Main Business Overview
11.1.5 Thales Latest Developments
11.2 Siemens
11.2.1 Siemens Company Information
11.2.2 Siemens Intelligent Transportation System (ITS) Product Offered
11.2.3 Siemens Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Siemens Main Business Overview
11.2.5 Siemens Latest Developments
11.3 Garmin
11.3.1 Garmin Company Information
11.3.2 Garmin Intelligent Transportation System (ITS) Product Offered
11.3.3 Garmin Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Garmin Main Business Overview
11.3.5 Garmin Latest Developments
11.4 Kapsch Trafficcom
11.4.1 Kapsch Trafficcom Company Information
11.4.2 Kapsch Trafficcom Intelligent Transportation System (ITS) Product Offered
11.4.3 Kapsch Trafficcom Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Kapsch Trafficcom Main Business Overview
11.4.5 Kapsch Trafficcom Latest Developments
11.5 Tomtom International
11.5.1 Tomtom International Company Information
11.5.2 Tomtom International Intelligent Transportation System (ITS) Product Offered
11.5.3 Tomtom International Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Tomtom International Main Business Overview
11.5.5 Tomtom International Latest Developments
11.6 Cubic
11.6.1 Cubic Company Information
11.6.2 Cubic Intelligent Transportation System (ITS) Product Offered
11.6.3 Cubic Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Cubic Main Business Overview
11.6.5 Cubic Latest Developments
11.7 Q-Free
11.7.1 Q-Free Company Information
11.7.2 Q-Free Intelligent Transportation System (ITS) Product Offered
11.7.3 Q-Free Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Q-Free Main Business Overview
11.7.5 Q-Free Latest Developments
11.8 Efkon
11.8.1 Efkon Company Information
11.8.2 Efkon Intelligent Transportation System (ITS) Product Offered
11.8.3 Efkon Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Efkon Main Business Overview
11.8.5 Efkon Latest Developments
11.9 Flir Systems
11.9.1 Flir Systems Company Information
11.9.2 Flir Systems Intelligent Transportation System (ITS) Product Offered
11.9.3 Flir Systems Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Flir Systems Main Business Overview
11.9.5 Flir Systems Latest Developments
11.10 Denso
11.10.1 Denso Company Information
11.10.2 Denso Intelligent Transportation System (ITS) Product Offered
11.10.3 Denso Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Denso Main Business Overview
11.10.5 Denso Latest Developments
11.11 Geotoll
11.11.1 Geotoll Company Information
11.11.2 Geotoll Intelligent Transportation System (ITS) Product Offered
11.11.3 Geotoll Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Geotoll Main Business Overview
11.11.5 Geotoll Latest Developments
11.12 Electricfeel
11.12.1 Electricfeel Company Information
11.12.2 Electricfeel Intelligent Transportation System (ITS) Product Offered
11.12.3 Electricfeel Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Electricfeel Main Business Overview
11.12.5 Electricfeel Latest Developments
11.13 Doublemap
11.13.1 Doublemap Company Information
11.13.2 Doublemap Intelligent Transportation System (ITS) Product Offered
11.13.3 Doublemap Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Doublemap Main Business Overview
11.13.5 Doublemap Latest Developments
11.14 Bestmile
11.14.1 Bestmile Company Information
11.14.2 Bestmile Intelligent Transportation System (ITS) Product Offered
11.14.3 Bestmile Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Bestmile Main Business Overview
11.14.5 Bestmile Latest Developments
11.15 Nutonomy
11.15.1 Nutonomy Company Information
11.15.2 Nutonomy Intelligent Transportation System (ITS) Product Offered
11.15.3 Nutonomy Intelligent Transportation System (ITS) Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Nutonomy Main Business Overview
11.15.5 Nutonomy Latest Developments
12 Research Findings and Conclusion

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