Global Intelligent transportation system Market, By Type (ATIS, ATMS, ATPS, APTS, EMS), Application (Traffic Management, Public Transport), Transportation Mode (Roadways, Railways, Airways), and Region - Industry Analysis and Forecast to 2025
The global intelligent transportation system market is expected to grow from USD 23.25 billion in 2020 to USD 34.02 billion by 2025 at a CAGR of 7.9%.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global intelligent transportation system market. The historic years considered for the study are 2016-2018, the base year is 2019, the estimated year is 2020, and the forecast period is 2021-2025.
Key players operating in the global Intelligent transportation system market are Agero, Inc., Hitachi, Ltd., Garmin International, Inc., DENSO CORPORATION, ADDCO, EFKON GmbH, Iteris, Inc., Kapsch TrafficCom, Lanner, Nuance Commination, Inc., Sensys Networks, Inc., Siemens, Telenav, Inc., Q-Free ASA, Ricardo, Thales Group, TomTom International, TransCore, and Xerox Corporation.
Market Definition
Intelligent transportation system is an advanced application which uses real-time information coupled with leading-edge communication technologies to provide traffic efficiency. The intelligent transportation system can sense, analyze, and control transportation in order to improve safety, mobility, and efficiency. Its advantages include speed control, reduction in stops and delays at an intersection, capacity management, and incident management.
Market Drivers
l Rising concerns toward public safety
l Growing traffic congestion
l Development of smart cities
Market Restraints
l High installation costs
Market Opportunities
l Increasing public-private partnerships
l Rapid developments in connected vehicles industry
Market Challenges
l Achieving interoperable and standard ITS architecture globally
Critical Questions Answered in the Report
l What are the key trends in the global intelligent transportation system market?
l How the market (and its various sub-segments) has grown in the last four years and what would be the growth rate in the next five years?
l What are the key strategies adopted by the major vendors to lead in the global intelligent transportation system market?
l What is the market share of the top vendors?
The study extensively uses both secondary and primary research methodologies. More than 180 industry experts from different phases of the value chain (supply side, demand side, resellers/distributors, and independent consultants) were interviewed to gain key insights about the market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecasted period.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Rising concerns toward public safety
4.2.2 Growing traffic congestion
4.2.3 Development of smart cities
4.3 Restraints
4.3.1 High installation costs
4.4 Opportunities
4.4.1 Increasing public-private partnerships
4.4.2 Rapid developments in connected vehicles industry
4.5 Challenges
4.5.1 Achieving interoperable and standard ITS architecture globally
4.6 Porter's Five Forces Model Analysis
4.7 Value Chain Analysis
4.8 Regulatory Landscape
5 Global Intelligent Transportation System Market, By Type
5.1 Introduction
5.2 ATIS
5.3 ATMS
5.4 ATPS
5.5 APTS
5.6 EMS
6 Global Intelligent Transportation System Market, By Application
6.1 Introduction
6.2 Traffic Management
6.3 Road Safety and Security
6.4 Smart Ticketing
6.5 Freight Management
6.6 Automotive Telematics
6.7 Road Tolling System
6.8 Others
7 Global Intelligent Transportation System Market, By Transportation Mode
7.1 Introduction
7.2 Roadways
7.3 Railways
7.4 Airways
8 Global Intelligent Transportation System Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5 the Middle East and Africa
8.6 South America
9 Competitive Landscape
9.1 Introduction
9.2 Vendor Evaluation Criteria
9.3 Vendor Share Analysis, 2019
9.4 Recent Developments, 2017-2020
9.4.1 New Product Launches
9.4.2 Partnerships
9.4.3 Mergers or Acquisitions
9.4.4 Business Expansions
10 Company Profiles
(This section covers the Business Overview, Financial Overview, Product and Service Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)
10.1 Agero, Inc.
10.2 Hitachi, Ltd.
10.3 Garmin International, Inc.
10.4 DENSO CORPORATION
10.5 ADDCO
10.6 EFKON GmbH
10.7 Iteris, Inc.
10.8 Kapsch TrafficCom
10.9 Lanner
10.10 Nuance Commination, Inc.
10.11 Sensys Networks, Inc.
10.12 Siemens
10.13 Telenav, Inc.
10.14 Q-Free ASA
10.15 Ricardo
10.16 Thales Group
10.17 TomTom International
10.18 TransCore
10.19 Xerox Corporation
11 Appendix
11.1 Discussion Guide
11.2 Customization Options
11.3 Related Reports
List of Tables
Table 1 Global Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 2 Global Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 3 Global Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 4 Global Intelligent Transportation System Market, By Region, 2016-2025 (USD Million)
Table 5 North America Intelligent Transportation System Market, By Country, 2016-2025 (USD Million)
Table 6 North America Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 7 North America Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 8 North America Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 9 US Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 10 US Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 11 US Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 12 Canada Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 13 Canada Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 14 Canada Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 15 Mexico Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 16 Mexico Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 17 Mexico Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 18 Europe Intelligent Transportation System Market, By Country, 2016-2025 (USD Million)
Table 19 Europe Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 20 Europe Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 21 Europe Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 22 Germany Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 23 Germany Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 24 Germany Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 25 UK Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 26 UK Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 27 UK Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 28 France Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 29 France Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 30 France Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 31 Italy Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 32 Italy Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 33 Italy Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 34 Spain Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 35 Spain Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 36 Spain Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 37 Rest of Europe Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 38 Rest of Europe Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 39 Rest of Europe Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 40 Asia-Pacific Intelligent Transportation System Market, By Country, 2016-2025 (USD Million)
Table 41 Asia-Pacific Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 42 Asia-Pacific Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 43 Asia-Pacific Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 44 China Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 45 China Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 46 China Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 47 India Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 48 India Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 49 India Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 50 Japan Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 51 Japan Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 52 Japan Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 53 South Korea Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 54 South Korea Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 55 South Korea Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 56 Rest of Asia-Pacific Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 57 Rest of Asia-Pacific Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 58 Rest of Asia-Pacific Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 59 Middle East and Africa Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 60 Middle East and Africa Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 61 Middle East and Africa Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
Table 62 South America Intelligent Transportation System Market, By Type, 2016-2025 (USD Million)
Table 63 South America Intelligent Transportation System Market, By Application, 2016-2025 (USD Million)
Table 64 South America Intelligent Transportation System Market, By Transportation Mode, 2016-2025 (USD Million)
List of Figures
Figure 1 Global Intelligent Transportation System Market: Market Segmentation
Figure 2 Global Intelligent Transportation System Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top Down Approach
Figure 5 Bottom Up Approach
Figure 6 Data Triangulation
Figure 7 Global Intelligent Transportation System Market: Drivers, Restraints, Opportunities, and Challenges
Figure 8 Global Intelligent Transportation System Market: Porter's Five Forces Model Analysis
Figure 9 Global Intelligent Transportation System Market: Value Chain Analysis
Figure 10 Global Intelligent Transportation System Market Share Analysis, By Type, 2020 and 2025
Figure 11 Global Intelligent Transportation System Market Share Analysis, By Application, 2020 and 2025
Figure 12 Global Intelligent Transportation System Market Share Analysis, By Transportation Mode, 2020 and 2025
Figure 13 Global Intelligent Transportation System Market Share Analysis, By Region, 2020 and 2025
Figure 14 North America Intelligent Transportation System Market Share Analysis, By Country, 2020 and 2025
Figure 15 North America Intelligent Transportation System Market Share Analysis, By Type, 2020 and 2025
Figure 16 North America Intelligent Transportation System Market Share Analysis, By Application, 2020 and 2025
Figure 17 North America Intelligent Transportation System Market Share Analysis, By Transportation Mode, 2020 and 2025
Figure 18 Europe Intelligent Transportation System Market Share Analysis, By Country, 2020 and 2025
Figure 19 Europe Intelligent Transportation System Market Share Analysis, By Type, 2020 and 2025
Figure 20 Europe Intelligent Transportation System Market Share Analysis, By Application, 2020 and 2025
Figure 21 Europe Intelligent Transportation System Market Share Analysis, By Transportation Mode, 2020 and 2025
Figure 22 Asia-Pacific Intelligent Transportation System Market Share Analysis, By Country, 2020 and 2025
Figure 23 Asia-Pacific Intelligent Transportation System Market Share Analysis, By Type, 2020 and 2025
Figure 24 Asia-Pacific Intelligent Transportation System Market Share Analysis, By Application, 2020 and 2025
Figure 25 Asia-Pacific Intelligent Transportation System Market Share Analysis, By Transportation Mode, 2020 and 2025
Figure 26 Middle East and Africa Intelligent Transportation System Market Share Analysis, By Type, 2020 and 2025
Figure 27 Middle East and Africa Intelligent Transportation System Market Share Analysis, By Application, 2020 and 2025
Figure 28 Middle East and Africa Intelligent Transportation System Market Share Analysis, By Transportation Mode, 2020 and 2025
Figure 29 South America Intelligent Transportation System Market Share Analysis, By Type, 2020 and 2025
Figure 30 South America Intelligent Transportation System Market Share Analysis, By Application, 2020 and 2025
Figure 31 South America Intelligent Transportation System Market Share Analysis, By Transportation Mode, 2020 and 2025
Figure 32 Global Intelligent Transportation System Market: Competitive Benchmarking
Figure 33 Global Intelligent Transportation System Market: Vendor Share Analysis, 2019