The new research report on Intelligent Transportation System Market offered by DecisionDatabases.com provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast Upto 2022.
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The global Intelligent Transportation System market research report provides detailed information about the industry based on the revenue (USD MN) for the forecast period. The research study is a descriptive analysis of this market emphasizing the market drivers and restraints that govern the overall market growth.
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The trends and future prospects for the market are also included in the report which gives an intellectual understanding of the Intelligent Transportation System industry. Furthermore, the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. This market is classified into different segments with detailed analysis of each with respect to geography for the study period.
A glimpse of the major drivers and restraints affecting the Intelligent Transportation System market is mentioned below :
A. Drivers :
- Solutions for traffic congestion
- Increasing fund allocation by various governments
- Reducing environmental pollution
B. Restraints :
- High installation cost
- Slow growth in infrastructure
The intelligent transportation system market has been segmented based on component such as interface board, sensor, software, surveillance camera, telecommunication network, monitoring and detection system and others. Interface Board is further segmented into multifunctional board, vehicle detection board and communication board. Sensor is further segmented into vehicle detection sensor, pedestrian presence sensor and speed sensor. Software is segmented into visualization software, video detection management software, transit management system and others (algorithms). Surveillance Camera is segmented into thermal camera and AID camera. Telecommunication Network is segmented into fiber optic, copper lines and wireless (zigbee, Wi-Fi, bluetooth) etc.
C. Major player assessed in the report is :
- Denso Corporation
- EFKON AG
- Garmin Ltd.
- Kapsch Trafficcom
- Nuance Communications
- Q-Free ASA
- Savari Inc.
Geographically, the Intelligent Transportation System market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
D. SEGMENTATIONS IN REPORT :
1. Intelligent Transportation System Market Analysis by Applications :
- Fleet Management and Asset Monitoring
- Traffic Monitoring System
- Traffic Signal Control System
- Collision Avoidance System
- Variable Traffic Message Sign
- Parking Availability System
- Traffic Enforcement Camera
2. Intelligent Transportation System Market Analysis by System :
- Advanced Traffic Management System (ATMS)
- Advanced Traveler Information System (ATIS)
- Vehicle to Vehicle (V2V) and Vehicle to Infrastructure (V2I) Communication
- ITS-Enabled Transportation Pricing System
- Advanced Public Transportation System (APTS)
- Commercial Vehicle Operation (CVO)
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