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Intelligent Transportation System (ITS) Market to 2025 - Global Analysis and Forecast by System, Components and Applications

Publication Month: Jul 2018 | No. of Pages: 150 | Report Code: TIPTE100000134 | Category: Technology, Media and Telecomunications | Status: Upcoming
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  • Intelligent transportation systems (ITS) is integrated application of information and communication technologies with an aim to provide highly efficient transportation related services and traffic management. In addition, ITS aids in improving the operational efficiency, enhancing road safety, maintaining sustainability of transportation networks and reducing traffic congestion. Various elements such as sensors, telematics, communication devices, and other data analysis applications form the integral components of an intelligent transportation system. Intelligent transportation system can be widely deployed in various applications as it makes use of parking availability system, collision avoidance system, and traffic enforcement camera among others.

    The increasing number of vehicles leading to traffic congestion has contributed to the need of intelligent transportation system for advance traffic control measures, thereby, propelling the global ITS market. In addition, the global ITS market is bolstered as various governments across the world are framing specific programs and taking initiatives to implement ITS, owing to an alarming need of deploying an efficient transportation system. For instance, the U.S. Department of Transport (DOT) is focusing extensively upon manufacturing intelligent vehicles and deploying intelligent infrastructure. The U.S. DOT has started a Federal ITS program with an aim to make research initiatives, investigative study and support the deployment of the intelligent system through an organized investment. Furthermore, the implementation of ITS can contribute in significant pollution reduction, thereby, benefiting the environment.

    The major factor hindering the global ITS market is the slow growth of intelligent infrastructure owing to high installation cost for monitoring and controlling devices. Another key factor restricting the global ITS market is the lack of standardization and interoperability between different types of transportation and telecom technologies. However, the introduction of smart vehicles enabled with intelligent transportation system is expected to provide better driving experience, and is thus expected to contribute significantly towards the growth of the global ITS market. Another factor analyzed to propel the growth of intelligent transportation systems is public private partnerships (PPP) for advanced traffic management. Also, initiatives such as vehicle to infrastructure (V2I) and vehicle to vehicle (V2V) communication are estimated to be key factors boosting the global intelligent transportation system market.

    The intelligent transportation system market has been segmented on the basis of system into advanced traveler information system (ATIS), advanced public transportation system (APTS), advanced traffic management system (ATMS), advanced transportation pricing system (ATPS), commercial vehicle operation (CVO), and ITS-enabled transportation pricing system. Additionally, the intelligent transportation system market has been fragmented based on components such as interface board, sensors, surveillance camera, monitoring & detection systems, telecommunication network, and software among others. In addition, the intelligent transportation system market has been segmented based on applications, namely: traffic signal control system, traffic monitoring system, fleet management & asset monitoring system, parking availability system, traffic enforcement camera, collision avoidance system, and automotive telematics among others.

    Geography, the global ITS market has been segmented into five regions as North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). Presently North America, followed by Europe, leads the global ITS market owing to increased investment in ITS solutions from both public and private domains. However, increasing investments to develop infrastructural facilities throughout Asia Pacific (APAC) (especially in nations such as China, Japan, and India) is expected to nurture exponential growth opportunities for the intelligent transportation system market during the forecast period.

    Some of the key players operating within the global ITS market include Agero, Inc., Xerox Corporation, Lanner Electronics Incorporated, Nuance Communications, Inc., Denso Corporation, Q-Free ASA, Siemens AG, Hitachi, Ltd., WS Atkins PLC, EFKON AG, Iteris, Inc., Garmin Ltd., Telenav, Inc., TomTom International BV, Kapsch TrafficCom AG, Thales Group, TransCore, LP, Addco LLC, Agero, Inc., Ricardo plc, and Sensys Networks, Inc. among others.

    1 Table of Contents
    1.1 List of Tables
    1.2 List of Figures

    2 Introduction
    2.1 TIP Research Report Guidance

    3 Key Takeaways

    4 Intelligent Transport System Market Landscape
    4.1 Overview
    4.2 Definitions
    4.3 Value Chain Analysis

    5 Intelligent Transport System Market - Key Industry Dynamics
    5.1 Key Market Drivers
    5.2 Key Market Restraints
    5.3 Key Market Opportunities
    5.4 Future Trends

    6 Intelligent Transport System Market - Five Forces Analysis
    6.1 Overview
    6.2 Global Intelligent Transport System Market - Five Forces Analysis

    7 Global Intelligent Transport System Market Analysis
    7.1 Global Sales Revenue and Forecasts to 2025
    7.2 Global Intelligent Transport System Market, Competitive Landscape
    7.2.1 Market Share or Market Positioning of Key Players, 2014

    8 Global Intelligent Transport System Market Revenue and Forecasts to 2025 - Systems
    8.1 Overview
    8.1.1 Segment Share (%), 2014 & 2025
    8.2 Advanced Traveler Information System (ATIS)
    8.3 Advanced Public Transportation System (APTS)
    8.4 Advanced Traffic Management System (ATMS)
    8.5 Advanced Transportation Pricing System (ATPS)
    8.6 Commercial Vehicle Operation (CVO)
    8.7 ITS-Enabled Transportation Pricing System

    9 Global Intelligent Transport System Market Revenue and Forecasts to 2025 - Components
    9.1 Overview
    9.1.1 Segment Share (%), 2014 & 2025
    9.2 Interface Board
    9.3 Sensors
    9.4 Surveillance Camera
    9.5 Monitoring & Detection Systems
    9.6 Telecommunication Network
    9.7 Others (Software, etc.)

    10 Global Intelligent Transport System Market Revenue and Forecasts to 2025 - Applications
    10.1 Overview
    10.1.1 Segment Share (%), 2014 & 2025
    10.2 Traffic Signal Control System
    10.3 Traffic Monitoring System
    10.4 Fleet Management & Asset Monitoring System
    10.5 Parking Availability System
    10.6 Traffic Enforcement Camera
    10.7 Collision Avoidance System
    10.8 Others (Automotive Telematics, etc.)

    11 Global Intelligent Transport System Market Revenue and Forecasts to 2025 - Geographical Analysis
    11.1 Overview
    11.1.1 Segment Share (%), 2014 & 2025
    11.2 North America
    11.2.1 U.S.
    11.2.2 Canada
    11.2.3 Mexico
    11.3 Europe
    11.3.1 France
    11.3.2 Germany
    11.3.3 Italy
    11.3.4 Spain
    11.3.5 UK
    11.3.6 Rest of Europe
    11.4 Asia Pacific (APAC)
    11.4.1 Japan
    11.4.2 China
    11.4.3 India
    11.4.4 Australia
    11.4.5 Rest of APAC
    11.5 Middle East & Africa (MEA)
    11.5.1 Saudi Arabia
    11.5.2 UAE
    11.5.3 South Africa
    11.5.4 Rest of MEA
    11.6 South America (SAM)
    11.6.1 Brazil
    11.6.2 Rest of SAM

    12 Global Intelligent Transport System Market, Key Company Profiles
    12.1 Agero, Inc.
    12.1.1 Key Facts
    12.1.2 Business Description
    12.1.3 Financial Overview
    12.1.4 SWOT Analysis
    12.1.5 Key Developments
    12.2 Xerox Corporation
    12.2.1 Key Facts
    12.2.2 Business Description
    12.2.3 Financial Overview
    12.2.4 SWOT Analysis
    12.2.5 Key Developments
    12.3 Lanner Electronics Incorporated
    12.3.1 Key Facts
    12.3.2 Business Description
    12.3.3 Financial Overview
    12.3.4 SWOT Analysis
    12.3.5 Key Developments
    12.4 Nuance Communications, Inc.
    12.4.1 Key Facts
    12.4.2 Business Description
    12.4.3 Financial Overview
    12.4.4 SWOT Analysis
    12.4.5 Key Developments
    12.5 Denso Corporation
    12.5.1 Key Facts
    12.5.2 Business Description
    12.5.3 Financial Overview
    12.5.4 SWOT Analysis
    12.5.5 Key Developments
    12.6 Q-Free ASA
    12.6.1 Key Facts
    12.6.2 Business Description
    12.6.3 Financial Overview
    12.6.4 SWOT Analysis
    12.6.5 Key Developments
    12.7 Siemens AG
    12.7.1 Key Facts
    12.7.2 Business Description
    12.7.3 Financial Overview
    12.7.4 SWOT Analysis
    12.7.5 Key Developments
    12.8 Hitachi, Ltd.
    12.8.1 Key Facts
    12.8.2 Business Description
    12.8.3 Financial Overview
    12.8.4 SWOT Analysis
    12.8.5 Key Developments
    12.9 WS Atkins PLC
    12.9.1 Key Facts
    12.9.2 Business Description
    12.9.3 Financial Overview
    12.9.4 SWOT Analysis
    12.9.5 Key Developments
    12.10 EFKON AG
    12.10.1 Key Facts
    12.10.2 Business Description
    12.10.3 Financial Overview
    12.10.4 SWOT Analysis
    12.10.5 Key Developments
    12.11 Iteris, Inc.
    12.11.1 Key Facts
    12.11.2 Business Description
    12.11.3 Financial Overview
    12.11.4 SWOT Analysis
    12.11.5 Key Developments
    12.12 Garmin Ltd.
    12.12.1 Key Facts
    12.12.2 Business Description
    12.12.3 Financial Overview
    12.12.4 SWOT Analysis
    12.12.5 Key Developments
    12.13 Telenav, Inc.
    12.13.1 Key Facts
    12.13.2 Business Description
    12.13.3 Financial Overview
    12.13.4 SWOT Analysis
    12.13.5 Key Developments
    12.14 TomTom International BV
    12.14.1 Key Facts
    12.14.2 Business Description
    12.14.3 Financial Overview
    12.14.4 SWOT Analysis
    12.14.5 Key Developments
    12.15 Kapsch TrafficCom AG
    12.15.1 Key Facts
    12.15.2 Business Description
    12.15.3 Financial Overview
    12.15.4 SWOT Analysis
    12.15.5 Key Developments
    12.16 Thales Group
    12.16.1 Key Facts
    12.16.2 Business Description
    12.16.3 Financial Overview
    12.16.4 SWOT Analysis
    12.16.5 Key Developments
    12.17 TransCore, LP
    12.17.1 Key Facts
    12.17.2 Business Description
    12.17.3 Financial Overview
    12.17.4 SWOT Analysis
    12.17.5 Key Developments
    12.18 Addco LLC
    12.18.1 Key Facts
    12.18.2 Business Description
    12.18.3 Financial Overview
    12.18.4 SWOT Analysis
    12.18.5 Key Developments
    12.19 Agero, Inc.
    12.19.1 Key Facts
    12.19.2 Business Description
    12.19.3 Financial Overview
    12.19.4 SWOT Analysis
    12.19.5 Key Developments
    12.20 Ricardo plc
    12.20.1 Key Facts
    12.20.2 Business Description
    12.20.3 Financial Overview
    12.20.4 SWOT Analysis
    12.20.5 Key Developments
    12.21 Sensys Networks, Inc.
    12.21.1 Key Facts
    12.21.2 Business Description
    12.21.3 Financial Overview
    12.21.4 SWOT Analysis
    12.21.5 Key Developments
    13 Appendix
    13.1 About TIP
    13.2 Glossary of Terms
    13.3 Methodology
    13.3.5 Coverage
    13.3.6 Secondary Research
    13.3.7 Primary Research
    13.4 Contact Us
    13.5 Disclaimer

    Companies Mentioned

    - Agero, Inc.
    - Xerox Corporation
    - Lanner Electronics Incorporated
    - Nuance Communications, Inc.
    - Denso Corporation
    - Q-Free ASA
    - Siemens AG
    - Hitachi, Ltd.
    - WS Atkins PLC
    - EFKON AG
    - Iteris, Inc.
    - Garmin Ltd.
    - Telenav, Inc.
    - TomTom International BV
    - Kapsch TrafficCom AG
    - Thales Group
    - TransCore, LP
    - Addco LLC
    - Ricardo plc
    - Sensys Networks, Inc.