Global Intelligent Transportation Systems Market Scrutinised in New TechSci Research Report Now Available at MarketPublishers.com04 Feb 2016 • by Natalie Aster
LONDON – The global market for intelligent transportation systems (ITS) is set to witness growing adoption of ITS across different application fields (traffic monitoring, tolling management, etc.).
However, the market growth is restricted by a number of factors, such as a high cost of installation and slow growth in the global infrastructure, to name a few.
The global marketplace is expected to grow at a double digit rate (10 percent) from 2015 through 2020.
The market is very fragmented, and many companies offer their solutions in the field of ITS in a large number of countries.
As of 2014, South and North America held the lion’s share of the market. APAC is expected to witness rapid market growth in the upcoming years.
Agero, Hitachi, Siemens and Thales are some of major companies involved in this marketplace.
New research study “Global Intelligent Transportation Systems Market By System, By Application and Competition Forecast and Opportunities, 2010-2020” drawn up by TechSci Research offers an up-close look at the global ITS marketplace. The report comprises a 360-degree view of the market. It estimates current market sizing and forecast market size changes in the years to come. The study estimates market shares and limelights performance of largest regional markets. The research report canvasses market dynamics and focuses in market trends and developments. It delves deep into the competition in this market and unveils market attractiveness index. The research report also casts light on market opportunities.
Global Intelligent Transportation Systems Market By System, By Application and Competition Forecast and Opportunities, 2010-2020
Published: January, 2016
Price: US$ 3,700.00
More new reports by this publisher are available at TechSci Research page.