Global Intelligent Transportation System Market Projections, Future Opportunities Recorded For Period Till 2028 – Indian Defense News

The Global Intelligent transportation system The market report evaluates historical and current data along with an in-depth analysis of market dynamics. The report also throws light on the market growth driving and restraining factors that are expected to influence the growth of the market during the forecast period. Global Intelligent Transportation Systems Market studies the market scenario to offer growth projections for the Intelligent Transportation Systems industry for the forecast period 2020-2028.

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The global Intelligent Transportation Systems (ITS) market size was valued at USD 15.50 Billion in 2019 and is projected to reach USD 48.17 Billion by 2027 with a CAGR of 15.2%. The increase in market demand can be mainly associated with the growing demand for integrated safety and security systems for better public safety. Population growth is also expected to accelerate the growth of the market globally. The main purpose is to collect data and monitor real-time conditions, improve performance and others.

Competitive Landscape:

Global Intelligent Transportation Systems Market report provides comprehensive company data coverage including details of their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins , their sales network and distribution channel, their financial situation and their intelligent transportation system. market positioning.

The report also studies the business strategies and strategic alliances entered into by the companies to gain a firm footing in the Intelligent Transportation System market. The report sheds light on mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government agreements. The comprehensive competitive landscape analysis provides readers with a deeper understanding of competitors.

The main companies studied in the report are:

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

What is covered in the report:

Standard deliverables:

  • Intelligent Transportation Systems Market Size by Revenue and Volume
  • Driving and Restraining Forces of Intelligent Transportation System Market
  • Segmental analysis broken down into different sub-categories
  • Key Competitor Intelligent Transportation System Market Share Analysis
  • New product entry strategies
  • Location analysis
  • Intelligent Transportation System Market Forecast and Growth Projections

Our USPs

  • Analysis of the value chain and the competitive matrix
  • Analysis of production and consumption trends
  • Impacts of regulatory compliance on the production process
  • Alternative material sources and processes
  • Customer Mapping Strategies
  • Reduced facility utilization rate
  • Sources of Raw Materials
  • Designing alternative chemical pathways for increased efficiency

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The report offers an accurate forecast estimate of the Intelligent Transportation System industry based on recent technological advancements and research. It also offers valuable data to help investors formulate strategic business investment plans and capitalize on the emerging growth prospects in the Intelligent Transportation Systems market. The report studies the historical data of the Intelligent Transportation System market and offers valuable insights into key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects.

The segments covered in this report are:

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

    • Roadways
    • Airlines companies
    • Railways
  • Systems Outlook (Revenue, USD Billion; 2017-2027)

    • Advanced Traveler Information System
    • Advanced public transportation system
    • Advanced traffic management system
    • Transport pricing system compatible with ITS
    • Operation of commercial vehicles
  • Application Outlook (Revenue, USD Billion; 2017-2027)

    • Smart traffic control
    • Parking management
    • Fleet management and asset monitoring
    • Collision avoidance
    • Passenger Information Management
    • Emergency Vehicle Notice
    • Ticketing management
    • Automotive Telematics

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Settings Details
Market size estimation period 2020 – 2028
Base year considered 2019
Historical data 2015 – 2019
Forecast period 2020 – 2028
Quantitative units Revenue in USD Million and CAGR from 2020 to 2028
Segments Covered Types, applications, end users, regions and more.
Report cover Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization 10 hours of free customization and expert consultation
Pricing and purchase options Explore different shopping options and ask for discount to enjoy New Year’s discount

Regional analysis:

The report further examines the Intelligent Transportation System market in key regions of the world with respect to production & consumption patterns, import/export, supply & demand ratio, revenue generation, share & price. market size and the presence of leading players in the regions. The Intelligent Transportation System report also covers expansion plans undertaken by companies of the regions in the regional analysis section.

The regional market analysis includes information on production volume, consumption volume and patterns, revenue and growth rate for the forecast period 2020-2028.

According to the regional analysis, the market is primarily split across the key geographical regions as follows:

  • North America (US, Canada)
  • Europe (UK, Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

Key report objectives:

  • Intelligent Transportation System market size and share analysis and estimation for the projected period 2020-2027.
  • In-depth analysis of major market players by SWOT analysis and Porter’s Five Forces analysis to give a clear understanding of the competitive landscape.
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global intelligent transportation systems market.
  • Analysis of growth prospects for stakeholders and investors through the study of growth segments.
  • Strategic recommendations to established players and new entrants to capitalize on emerging growth opportunities.

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