Intelligent Transportation System Market

Edition 2018

Electronic Toll Collection, Parking Management, Emergency Vehicle Notification System, Electronic Tax Collection, Vehicle Number Plate Detection, Collision Avoidance System, Traveler Information Services, Dynamic Traffic Light sequence, Vehicle Speed Recognition etc.

Intelligent Transportation System – A step towards smart cities

Technology advancements such as IoT, AI, connected Vehicles, telematics and infotainment has enforced the quick adoption and deployment of highly advanced Intelligent Transportation System (ITS)

Intelligent Transportation System (ITS) is gaining high pace adoption in many countries especially China and other Asian countries owing to the burgeoning vehicle ownership. The deployment of Intelligent Transportation System (ITS) has reduced traffic congestion to large extent and subsequently increased the vehicle efficiency. Moreover, the benefits of ITS also includes the enhancement of safety, traffic efficiency, time saving, and reduced fuel consumption. Technology advancement has further boosted the growth of Intelligent Transportation System (ITS) market. Several technologies for managing and monitoring traffic are used to facilitate the transportation system. These includes wireless communication, navigation, traffic signal control systems, real time traffic management, vehicle speed recognition, vehicle number plat recognition, parking guidance system, etc.

Electronic Toll Collection (ETC), Ramp Meter, traveler information system, Traffic Signal Co-ordination (TSC), Transit Signal Priority (TSP) and Red light camera are some of the ITS technologies already being deployed in many countries. Government organizations are taking initiatives to develop and implement Intelligent Transportation System (ITS) in prime areas to prevent crashes, reduce traffic congestion, and CO2 emission.

 Increasing demand for vehicle computation and real time operating systems has driven the growth of Intelligent Transportation System (ITS). The penetration of Artificial Intelligence (AI) and other embedded software platforms is the most popular trend in Intelligent Transportation System (ITS). Competition has raised in the industry to enhance the ITS products and sensor capabilities and increase the market share. Technology companies and sensor providers are jointly working and undertaking government projects to develop and deploy highly efficient systems.

M14 Intelligence’s research study on Intelligent Transportation System (ITS) offers you the global market scenario and future growth prospect of the industry. Our exhaustive market outlook provides you with true industry sentiments about the Intelligent Transportation System (ITS) technology and helps you identify the major pain points in the business.

The study on Intelligent Transportation System (ITS) offers-

 

  • 1. The global Intelligent Transportation System (ITS) market outlook

  • 2. The changing dynamics of the Intelligent Transportation System (ITS) industry

  • 3. The current and future trends in Intelligent Transportation System (ITS) industry and factors driving and restraining the market growth

  • 4. The safety rules and regulation imposed by traffic, law enforcement and government organizations

  • 5. Investment and other strategic initiatives by leading companies

  • 6. Insights from industry experts

  • 7. Excerpt of interviews with leading industry players

Report Highlights

Pages Analysis:

300+
Companies Analysed:

250+
Data Tables:

180+
Infograhs:

150+
Exclusive Interviews:

60+
Companies Profiled:

30+
Market Segmentation:

5 Level
Regions Analyzed:

5+
Countries Analysis:

10+

Quick Access

  1. What is the status of Intelligent Transportation System market in 2017 and how will it be in the near future?
  2. Which technologies are dominant in the Intelligent Transportation System solutions and what will be their future market share?
  3. Which geographical region will be most favorable in deployment of ITS solutions?
  4. What is penetration rate of emerging technologies such as artificial intelligence in Intelligent Transportation System (ITS)?
  5. What are the changing government perspectives in adopting the ITS solutions?
  6. Which markets will be highly favorable for investment in ITS technologies?
  7. Which companies are the leading technology providers for ITS solutions and what are their future plans?
  8. What are the reasons for major acquisitions in the recent years and what will be their effect on future markets?
  9. What are the barriers in implementation of ITS technologies?
  10. What technologies will dominate the ETC market and what will be their market share in the coming decade?
  11. How will be the market distribution between leading ETC technologies, RFID and DSRC?
  12. What will the market share of Infrared based solutions in ETC and the factors which will have effect on the technology?
  13. How will cost effectiveness affect the future of the existing technologies in ETC market?
  14. Which markets will prove to be highly profitable for DSRC, GNSS/GPS, RFID, Infrared and Video tolling based ETC solutions?
  15. What are the major factors driving the ITS market changes in terms of market size, profitability, number of subscribers and technological deployments?
  16. Which ETC technology will have maximum share of subscriptions and what will be the factors responsible for it?
  17. Which are the strategies followed by technology providers?
  18. What are the trend, dynamics, market size and forecast of Intelligent Transportation System (ITS) market?
  19. Which are the major recent partnerships, investments and acquisitions accelerating the market growth?
  20. How companies are gaining a competitive advantage over each other in the Intelligent Transportation System (ITS) market?

The report is a comprehensive, 360 degree look at the Intelligent Transportation System (ITS) industry. This research study is an outcome of 12 months of desk research which includes extensive use of secondary research directories and databases. By interviewing the marketplace and leveraging M14 Emerging Technology Intelligence experience as a global thought leaders in payment technology and skills in forecasting and analysis, we are confident that we have constructed the most comprehensive and insightful research study on Intelligent Transportation System (ITS) available in the market. The research methodology adopted for the study is based on the following outlined building blocks.

  1. Ecosystem analysis

This stage of research focuses on understanding, analyzing, and shortlisting leading players operating in the Intelligent Transportation System (ITS) industry – OEMs, Tier 1 Suppliers, Tier 2 Suppliers, and other Technology Providers (15+ – OEMS and 200+ Technology Providers Analyzed). The organic and inorganic growth strategies adopted by these players across the value chain are analyzed, which are product developments and launches, strategic partnerships, expansions, and mergers and acquisitions. This stage also includes the analysis of regulatory frameworks in place, safety ratings, and market readiness in different countries across all the major geographies

  1. Supply and demand side analysis

This stage of research focuses on identifying historical sales trend and estimating the future trend of sales demand. The supply and demand of components used in the Intelligent Transportation System (ITS) and the timeline of the launch of products and services are also analyzed in this phase of the research.

  1. Technological analysis

Examining the different technological features and building blocks of Intelligent Transportation System (ITS) available in the market is done in this phase of the research. The technology cost and sales model with the market impact is also critically analyzed in the technological analysis phase of the research.

  1. Estimation and forecast

With all sales data, adoption rates, market penetration rates, market trends, factors and future impacts available, the estimation and forecasting on this available data is conducted using proprietary trend tracking model.

  1. Validating and precision making

The validating of our research study and sourcing other related information is done by interviewing industry experts and company insiders along with the industry stakeholders. The information and data points sourced through interview process is approximately 40% of the total research process.

The report focuses on the below broader sections of the market –

  1. Changing dynamics of the Intelligent Transportation System (ITS) industry
    1. Major business and technological trends, key benefits, drivers, challenges, and opportunities
    2. Recent & Future Intelligent Transportation System (ITS) trends
    3. Investments & funding in Intelligent Transportation System (ITS) market
    4. Rule and regulations imposed on deployment of Intelligent Transportation System (ITS)
    5. Government initiative and future ITS projects
  2. Increasing competition in the market
    1. Supply and value chain of Intelligent Transportation System (ITS) market
    2. Recent strategic developments and its impact
    3. Intelligent Transportation System (ITS) companies & competition
    4. Biggest investors & R&D spenders
    5. Assessment of key players’ strategies
    6. Company profiles- Intelligent Transportation System (ITS)
  3. Intelligent Transportation System (ITS) market estimation and forecasts – Region and country level analysis

7 Regions Analyzed are – NAFTA, Western Europe, Asia Pacific, Central & South America, Eastern & Central Europe, Middle East and Africa

10+ Countries Analyzed – U.S., Canada, Germany, Japan, China, and U.K. among others

  1. Intelligent Transportation System (ITS) market share estimation and forecasts by applications including- Electronic Toll Collection (ETC), parking management, public transportation, road safety & security, fleet management, and others
  2. Penetration of various electronic systems and components in Intelligent Transportation System (ITS) market- wireless communication, software platforms, AI, signaling component, monitoring and detection component, interface boards, surveillance sensors and others
  3. Penetration of technologies in Intelligent Transportation System (ITS)- RFID, GNSS/GPS, DSRC, Infrared, and Video tolling
    1. Global and country level market penetration
  4. Key Player Analysis- key development and strategies adopted
Key Questions Report Answers
  1. What is the status of Intelligent Transportation System market in 2017 and how will it be in the near future?
  2. Which technologies are dominant in the Intelligent Transportation System solutions and what will be their future market share?
  3. Which geographical region will be most favorable in deployment of ITS solutions?
  4. What is penetration rate of emerging technologies such as artificial intelligence in Intelligent Transportation System (ITS)?
  5. What are the changing government perspectives in adopting the ITS solutions?
  6. Which markets will be highly favorable for investment in ITS technologies?
  7. Which companies are the leading technology providers for ITS solutions and what are their future plans?
  8. What are the reasons for major acquisitions in the recent years and what will be their effect on future markets?
  9. What are the barriers in implementation of ITS technologies?
  10. What technologies will dominate the ETC market and what will be their market share in the coming decade?
  11. How will be the market distribution between leading ETC technologies, RFID and DSRC?
  12. What will the market share of Infrared based solutions in ETC and the factors which will have effect on the technology?
  13. How will cost effectiveness affect the future of the existing technologies in ETC market?
  14. Which markets will prove to be highly profitable for DSRC, GNSS/GPS, RFID, Infrared and Video tolling based ETC solutions?
  15. What are the major factors driving the ITS market changes in terms of market size, profitability, number of subscribers and technological deployments?
  16. Which ETC technology will have maximum share of subscriptions and what will be the factors responsible for it?
  17. Which are the strategies followed by technology providers?
  18. What are the trend, dynamics, market size and forecast of Intelligent Transportation System (ITS) market?
  19. Which are the major recent partnerships, investments and acquisitions accelerating the market growth?
  20. How companies are gaining a competitive advantage over each other in the Intelligent Transportation System (ITS) market?
Research Methodology

The report is a comprehensive, 360 degree look at the Intelligent Transportation System (ITS) industry. This research study is an outcome of 12 months of desk research which includes extensive use of secondary research directories and databases. By interviewing the marketplace and leveraging M14 Emerging Technology Intelligence experience as a global thought leaders in payment technology and skills in forecasting and analysis, we are confident that we have constructed the most comprehensive and insightful research study on Intelligent Transportation System (ITS) available in the market. The research methodology adopted for the study is based on the following outlined building blocks.

  1. Ecosystem analysis

This stage of research focuses on understanding, analyzing, and shortlisting leading players operating in the Intelligent Transportation System (ITS) industry – OEMs, Tier 1 Suppliers, Tier 2 Suppliers, and other Technology Providers (15+ – OEMS and 200+ Technology Providers Analyzed). The organic and inorganic growth strategies adopted by these players across the value chain are analyzed, which are product developments and launches, strategic partnerships, expansions, and mergers and acquisitions. This stage also includes the analysis of regulatory frameworks in place, safety ratings, and market readiness in different countries across all the major geographies

  1. Supply and demand side analysis

This stage of research focuses on identifying historical sales trend and estimating the future trend of sales demand. The supply and demand of components used in the Intelligent Transportation System (ITS) and the timeline of the launch of products and services are also analyzed in this phase of the research.

  1. Technological analysis

Examining the different technological features and building blocks of Intelligent Transportation System (ITS) available in the market is done in this phase of the research. The technology cost and sales model with the market impact is also critically analyzed in the technological analysis phase of the research.

  1. Estimation and forecast

With all sales data, adoption rates, market penetration rates, market trends, factors and future impacts available, the estimation and forecasting on this available data is conducted using proprietary trend tracking model.

  1. Validating and precision making

The validating of our research study and sourcing other related information is done by interviewing industry experts and company insiders along with the industry stakeholders. The information and data points sourced through interview process is approximately 40% of the total research process.

Scope and Coverage

The report focuses on the below broader sections of the market –

  1. Changing dynamics of the Intelligent Transportation System (ITS) industry
    1. Major business and technological trends, key benefits, drivers, challenges, and opportunities
    2. Recent & Future Intelligent Transportation System (ITS) trends
    3. Investments & funding in Intelligent Transportation System (ITS) market
    4. Rule and regulations imposed on deployment of Intelligent Transportation System (ITS)
    5. Government initiative and future ITS projects
  2. Increasing competition in the market
    1. Supply and value chain of Intelligent Transportation System (ITS) market
    2. Recent strategic developments and its impact
    3. Intelligent Transportation System (ITS) companies & competition
    4. Biggest investors & R&D spenders
    5. Assessment of key players’ strategies
    6. Company profiles- Intelligent Transportation System (ITS)
  3. Intelligent Transportation System (ITS) market estimation and forecasts – Region and country level analysis

7 Regions Analyzed are – NAFTA, Western Europe, Asia Pacific, Central & South America, Eastern & Central Europe, Middle East and Africa

10+ Countries Analyzed – U.S., Canada, Germany, Japan, China, and U.K. among others

  1. Intelligent Transportation System (ITS) market share estimation and forecasts by applications including- Electronic Toll Collection (ETC), parking management, public transportation, road safety & security, fleet management, and others
  2. Penetration of various electronic systems and components in Intelligent Transportation System (ITS) market- wireless communication, software platforms, AI, signaling component, monitoring and detection component, interface boards, surveillance sensors and others
  3. Penetration of technologies in Intelligent Transportation System (ITS)- RFID, GNSS/GPS, DSRC, Infrared, and Video tolling
    1. Global and country level market penetration
  4. Key Player Analysis- key development and strategies adopted

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