Published On : November 2017 Pages : 100 Category: Emerging & Next Generation Technologies Report Code : SE11327
Industry Outlook and Trend Analysis
The global Intelligent Transportation System (ITS) market was worth USD billion in the year 2017 and is expected to reach approximately USD billion by 2022, while registering itself at a compound annual growth rate (CAGR) of % during the forecast period. Intelligent Transportation System (ITS) is a blend of information technology and communication with transportation systems which builds the productivity of transport process and enhances traveler security. A proficient transportation system positively affects the low number of road mishaps, decrease in debilitate discharges and less travel time. Systems as such give comfort to explorers in the case of driving a vehicle independently or utilizing open transport. The requirement for incorporated versatile systems in public transit has been on the ascent because of worries of public safety. Contemporary transportation providers are seeking after flexible vehicle computing systems incorporating portable surveillance, monitoring and tracking to guarantee the security of their travelers and simplify implementation procedure. Nations, for example, India and France are concentrating on usage of these systems attributable to rising interest for enhanced traffic conditions and travel comfort for drivers and in addition pedestrians. The usage of data on real time basis to encourage better choices alongside the requirement for management of traffic focuses will empower clients to react productively, consequently expanding the interest for intelligent transportation systems. The business players are concentrating on improving the capacity and innovation of their items and administrations inferable from the existence of several competitors. For example, in July 2017, NXP Semiconductors N.V. and eSSys declared innovation organization in cutting edge Cooperative Intelligent Transportation System (C-ITS) venture proposed by Korean Ministry of Land, Infrastructure and Transport.
Type Outlook and Trend Analysis
The cooperative vehicle system is relied upon to be the quickest developing section developing at a significant pace in the following years. The expanding need to enhance the energy effectiveness of vehicles by lessening the toxin discharge is giving traction to the development. Different ventures, for example, the Cooperative Vehicle-Infrastructure Systems (CVIS) are attempted to plan and build up the advancements, which needs the communication of vehicles with each other and with the roadside infrastructure.
Application Outlook and Trend Analysis
In 2017 Environment protection portion was esteemed at USD million. This section is relied upon to witness quickest development attributable to the requirement for decreasing fumes outflows. It is one of the key needs of intelligent transportation systems, which is focused through bringing down of carbon dioxide and greenhouse gases concentration in thickly populated territories through traffic management. In 2017 Movement administration represented more than 30.5 percent of the general profit. These resolutions are utilized to enhance road networks by diminishing the financial pressure on administrative experts as it diminishes investment required to uphold traffic blockage control.
Regional Outlook and Trend Analysis
In 2017 Asia Pacific represented more than 23 percent income share and is expected to be the quickest developing area inferable from the adoption of ITS in Hong Kong, India, and Australia. Government controls and principles for ITS to deploy self-driving autonomous cars is boosting the requirement for systems like these in the district. For example, in the Republic of Korea, the distribution of ITS has expanded the average traffic speed by 20 percent. In 2017 North America ruled the market attributable to the instigating requirement from public and private division in the United States Government activities and arrangement of security advancements in business vehicles has expanded the buyer base over recent years.
Competitive Insights
The leading players in the market are Q-Free, Iteris Inc, Garmin International Inc, Kapsch TrafficCom AG, TomTom and Thales Group. Item advancement alongside mergers and acquisitions are the key procedures adopted by industry players. For example, Agero Inc. reported an association with Cambridge Mobile Telematics to create accident management solutions on real-time basis.
The global Intelligent Transportation System is segmented as follows-
By Type
By Application
By Region
Some of the key questions answered by the report are:
Market Classification
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Need for Road Safety
3.2.1.2. Cost-Effectiveness
3.2.1.3. Performance Enhancement of Transportation System
3.2.2. Restraints
3.2.2.1. Need for Interoperability
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Intelligent Transportation System (ITS) Market, By Type
4.1. Introduction
4.2. Intelligent Transportation System (ITS) Market Assessment and Forecast, By Type, 2012-2022
4.3. ATIS
4.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4. ATMS
4.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5. ATPS
4.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.6. APTS
4.6.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.7. Cooperative Vehicle System
4.7.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5. Intelligent Transportation System (ITS) Market, By Application
5.1. Introduction
5.2. The Intelligent Transportation System (ITS) Market Assessment and Forecast, By Application, 2012-2022
5.3. Traffic Management
5.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.4. Road Safety and Security
5.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.5. Freight Management
5.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.6. Public Transport
5.6.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.7. Environment Protection
5.7.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.8. Automotive Telematics
5.8.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.9. Parking management
5.9.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
5.10. Road user charging
5.10.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
6. Intelligent Transportation System (ITS) Market, By Region
6.1. Introduction
6.2. Intelligent Transportation System (ITS) Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.3. Intelligent Transportation System (ITS) Market Assessment and Forecast, By Application , 2012-2022 ($Million)
6.4. North America
6.4.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.4.2. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.4.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4.4. U.S.
6.4.4.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.4.4.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4.5. Canada
6.4.5.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.4.5.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.4.6. Mexico
6.4.6.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.4.6.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5. Europe
6.5.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.5.2. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.5.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.4. Germany
6.5.4.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.5.4.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.5. France
6.5.5.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.5.5.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.6. UK
6.5.6.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.5.6.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.7. Italy
6.5.7.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.5.7.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.8. Spain
6.5.8.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.5.8.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.5.9. Rest of Europe
6.5.9.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.5.9.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6. Asia-Pacific
6.6.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.6.2. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.6.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.4. Japan
6.6.4.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.6.4.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.5. China
6.6.5.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.6.5.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.6. Australia
6.6.6.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.6.6.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.7. India
6.6.7.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.6.7.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.8. South Korea
6.6.8.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.6.8.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.6.9. Rest of Asia-Pacific
6.6.9.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.6.9.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7. Rest of the World
6.7.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
6.7.2. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.7.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.4. Brazil
6.7.4.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.7.4.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.5. Turkey
6.7.5.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.7.5.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.6. Saudi Arabia
6.7.6.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.7.6.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.7. South Africa
6.7.7.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.7.7.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.8. United Arab Emirates
6.7.8.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.7.8.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
6.7.9. Others
6.7.9.1. Market Assessment and Forecast, By Type, 2012-2022 ($Million)
6.7.9.2. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
7. Company Profiles
7.1. ADCCO LLC
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Key Financials
7.1.4. Strategic Developments
7.2. Agero Inc.
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Key Financials
7.2.4. Strategic Developments
7.3. DENSO Corporation
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Key Financials
7.3.4. Strategic Developments
7.4. EFKON AG
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Key Financials
7.4.4. Strategic Developments
7.5. Hitachi Ltd
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.6. Nuance Communications Inc.
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.7. Garmin International Inc.
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.8. Iteris Inc.
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.9. Kapsch TrafficCom AG
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Key Financials
7.9.4. Strategic Developments
7.10. Lanner Electronics Inc.
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
List of Tables
Table 1.Global Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 2.ATIS Market, By Region, 2012-2022 ($Million)
Table 3.ATMS Market, By Region, 2012-2022 ($Million)
Table 4.ATPS Market, By Region, 2012-2022 ($Million)
Table 5.APTS Market, By Region, 2012-2022 ($Million)
Table 6.Cooperative Vehicle System Market, By Region, 2012-2022 ($Million)
Table 7.Global Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 8.Traffic Management Market, By Region, 2012-2022 ($Million)
Table 9.Road Safety and Security Market, By Region, 2012-2022 ($Million)
Table 10.Freight Management Market, By Region, 2012-2022 ($Million)
Table 11.Public Transport Market, By Region, 2012-2022 ($Million)
Table 12.Environment Protection Market, By Region, 2012-2022 ($Million)
Table 13.Automotive Telematics Market, By Region, 2012-2022 ($Million)
Table 14.Parking Management Market, By Region, 2012-2022 ($Million)
Table 15.Road User Charging Market, By Region, 2012-2022 ($Million)
Table 16.North America Intelligent Transportation System (ITS) Market, By Country, 2012-2022 ($Million)
Table 17.North America Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 18.North America Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 19.U.S. Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 20.U.S. Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 21.Canada Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 22.Canada Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 23.Mexico Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 24.Mexico Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 25.Europe Intelligent Transportation System (ITS) Market, By Country, 2012-2022 ($Million)
Table 26.Europe Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 27.Europe Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 28.Germany Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 29.Germany Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 30.France Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 31.France Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 32.UK Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 33.UK Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 34.Italy Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 35.Italy Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 36.Spain Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 37.Spain Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 38.Rest of Europe Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 39.Rest of Europe Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 40.Asia-Pacific Intelligent Transportation System (ITS) Market, By Country, 2012-2022 ($Million)
Table 41.Asia-Pacific Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 42.Asia-Pacific Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 43.Japan Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 44.Japan Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 45.China Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 46.China Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 47.Australia Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 48.Australia Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 49.India Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 50.India Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 51.South Korea Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 52.South Korea Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 53.Rest of Asia-Pacific Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 54.Rest of Asia-Pacific Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 55.Rest of the World Intelligent Transportation System (ITS) Market, By Country, 2012-2022 ($Million)
Table 56.Rest of the World Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 57.Rest of the World Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 58.Brazil Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 59.Brazil Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 60.Turkey Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 61.Turkey Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 62.Saudi Arabia Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 63.Saudi Arabia Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 64.South Africa Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 65.South Africa Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 66.United Arab Emirates Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 67.United Arab Emirates Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 68.Others Intelligent Transportation System (ITS) Market, By Type, 2012-2022 ($Million)
Table 69.Others Intelligent Transportation System (ITS) Market, By Application, 2012-2022 ($Million)
Table 70.ADCCO LLC: Key Strategic Developments, 2017-2017
Table 71.Agero Inc.: Key Strategic Developments, 2017-2017
Table 72.DENSO Corporation: Key Strategic Developments, 2017-2017
Table 73.EFKON AG: Key Strategic Developments, 2017-2017
Table 74.Hitachi Ltd: Key Strategic Developments, 2017-2017
Table 75.Nuance Communications Inc.: Key Strategic Developments, 2017-2017
Table 76.Garmin International Inc.: Key Strategic Developments, 2017-2017
Table 77.Iteris Inc.: Key Strategic Developments, 2017-2017
Table 78.Kapsch TrafficCom AG: Key Strategic Developments, 2017-2017
Table 79.Lanner Electronics Inc.: Key Strategic Developments, 2017-2017
List of Figures
Figure 1.Global Intelligent Transportation System (ITS) Market Share, By Type, 2017 & 2025
Figure 2.Global Intelligent Transportation System (ITS) Market, By Application, 2017, ($Million)
Figure 3.Global Intelligent Transportation System (ITS) Market, By Region, 2017, ($Million)
Figure 4.ADCCO LLC: Net Revenues, 2017-2017 ($Million)
Figure 5.ADCCO LLC: Net Revenue Share, By Segment, 2017
Figure 6.ADCCO LLC: Net Revenue Share, By Geography, 2017
Figure 7.Agero Inc.: Net Revenues, 2017-2017 ($Million)
Figure 8.Agero Inc.: Net Revenue Share, By Segment, 2017
Figure 9.Agero Inc.: Net Revenue Share, By Geography, 2017
Figure 10.DENSO Corporation: Net Revenues, 2017-2017 ($Million)
Figure 11.DENSO Corporation: Net Revenue Share, By Segment, 2017
Figure 12.DENSO Corporation: Net Revenue Share, By Geography, 2017
Figure 13.EFKON AG: Net Revenues, 2017-2017 ($Million)
Figure 14.EFKON AG: Net Revenue Share, By Segment, 2017
Figure 15.EFKON AG: Net Revenue Share, By Geography, 2017
Figure 16.Kapsch TrafficCom AG: Net Revenues, 2017-2017 ($Million)
Figure 17.Kapsch TrafficCom AG: Net Revenue Share, By Segment, 2017
Figure 18.Kapsch TrafficCom AG: Net Revenue Share, By Geography, 2017
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
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