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Intelligent Transportation System Market Size, Share & Trends Analysis Report By Type, By Application (Traffic Management, Road Safety & Security), By Region, And Segment Forecasts, 2023 - 2030

January 2023 | 160 pages | ID: I4D1BA295B8EN
Grand View Research, Inc.

US$ 4,950.00

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Intelligent Transportation System Market Growth & Trends

The global intelligent transportation system market size is expected to reach USD 52.24 billion by 2030 and is expected to expand at a CAGR of 8.3% from 2023 to 2030, according to a new Grand View Research, Inc. The continuous advancements in technologies of transportation networks have accelerated the demand for highly efficient transportation systems.

The latest technologies, such as electronic toll collection and blind-spot detection have led to continuously redefining the prospects and expectations for sustainable management of traffic and transportation networks. The growing need to present real-time traffic information, equipped with artificial intelligence and virtual reality, to enhance the safety of drivers and passengers is boosting the growth of the intelligent transportation system (ITS) industry.

The evolution of IT systems and growing telecommunications technologies adoption is anticipated to assist in reducing air pollution, traffic congestion, and delays. Furthermore, the implementation of modern traffic management systems that focus on utilizing real-time data and simultaneously address the impact criteria is creating a positive market outlook.

The integration of energy distribution & charging systems such as smart grids in ITS helps distribution agencies in real-time data utilizations to plan and implement capacity expansion strategies for the future. This is expected to support the market growth during the forecast period. According to the reports drafted by the Department of Transport of the Republic of Korea on the ITS development strategy, ITS can help in reducing traffic congestion, fuel consumption, greenhouse emissions, and prevent automobile idling.

The growing data volumes involved in ITS are creating the need for driving demand for advanced data processing solutions across the globe. The market players are developing their ITS solutions integrated with Artificial Intelligence (AI) and its applications to attract potential business clients. For instance, in December 2020, Lanner unveiled its Edge AI computing and connectivity services for multiple mobile applications.

The deployment of the Edge AI computing and connectivity services on ferries, fleets, subways, and trucks enabled fleet managers to digitalize their tasks and monitor distributed vehicles remotely with a consolidated management solution has accelerated the ITS industry growth.

Intelligent Transportation System Market Report Highlights
  • The Advanced Public Transportation System (APTS) segment is expected to witness considerable growth at 10.2% CAGR over the forecast period. The APTS system’s various benefits such as improving road congestion & community mobility offer an equitable transportation system and improve the fuel efficiency of the vehicles, creating robust market opportunities
  • The automotive telematics segment is anticipated to register the highest CAGR of 9.9% through 2030. Advancements in 5G connectivity, supportive government initiatives for the automobile sector, and the increasing role of smartphones in automotive applications, are expected to drive the segment growth notable in the forecast period
  • The Asia Pacific intelligent transportation system market is expected to witness considerable growth with a CAGR of 11.0% from 2023 to 2030. The high demand for advanced telecommunications and automotive technologies and heavy investments in the development and adoption of ITS solutions across Singapore, India, China, and Japan which is driving the ITS industry growth in the region
  • The rising adoption of the fourth industrial revolution is likely to boost the growth of smart cities across Asia Pacific countries, which, in turn, will accelerate the demand for intelligent transport solutions, supporting new demand trends in the industry
CHAPTER 1 METHODOLOGY AND SCOPE

1.1 Research Methodology
1.2 Research Scope and Assumptions
  1.2.1 Purchased Database
  1.2.2 GVR’s Internal Database
  1.2.3 List of secondary sources
  1.2.4 Primary Research
1.3 List of Data Sources
1.4 Market Formulation & Publishing
1.5 Data Validation & Publishing
1.6 List of Abbreviations

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Intelligent Transportation System Market - Industry Snapshot & Key Buying Criteria, 2018 - 2030
2.2 Global Intelligent Transportation System Market, 2018 - 2030
  2.2.1 Global Intelligent Transportation System market, by region, 2018 - 2030
  2.2.2 Global Intelligent Transportation System market, by type, 2018 - 2030
  2.2.3 Global Intelligent Transportation System market, by application, 2018 - 2030

CHAPTER 3 INTELLIGENT TRANSPORTATION SYSTEM INDUSTRY OUTLOOK

3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Intelligent Transportation System Market - Value Chain Analysis
3.4 Intelligent Transportation System Market Dynamics
  3.4.1 Market driver analysis
  3.4.2 Market restraints analysis
  3.4.3 Market opportunity analysis
3.5 Intelligent Transportation System Market - Porter’s Five Forces Analysis
3.6 Intelligent Transportation System Market - PESTEL Analysis
3.7 Intelligent Transportation System Market - COVID-19 Impact Analysis

CHAPTER 4 INTELLIGENT TRANSPORTATION SYSTEM TYPE OUTLOOK

4.1 Intelligent Transportation System Market Share By Type, 2022
4.2 ATIS
  4.2.1 ATIS market, 2018 - 2030
4.3 ATMS
  4.3.1 ATMS market, 2018 - 2030
4.4 ATPS
  4.4.1 ATPS market, 2018 - 2030
4.5 APTS
  4.5.1 APTS market, 2018 - 2030
4.6 EMS
  4.6.1 EMS market, 2018 - 2030

CHAPTER 5 INTELLIGENT TRANSPORTATION SYSTEM APPLICATION OUTLOOK

5.1 Intelligent Transportation System Market Share By Application, 2022
5.2 Traffic Management
  5.2.1 Intelligent transportation system market in traffic management, 2018 - 2030
5.3 Road Safety & Security
  5.3.1 Intelligent transportation system market in road safety & security, 2018 - 2030
5.4 Freight Management
  5.4.1 Intelligent Transportation System market in freight management, 2018 - 2030
5.5 Public Transport
  5.5.1 Intelligent transportation system market in public transport, 2018 - 2030
5.6 Environment Protection
  5.6.1 Intelligent transportation system market in environment protection, 2018 - 2030
5.7 Automotive Telematics
  5.7.1 Intelligent transportation system market in automotive telematics, 2018 - 2030
5.8 Parking Management
  5.8.1 Intelligent transportation system market in parking management, 2018 - 2030
5.9 Road Tolling Systems
  5.9.1 Intelligent transportation system market in road tolling systems, 2018 - 2030

CHAPTER 6 INTELLIGENT TRANSPORTATION SYSTEM REGIONAL OUTLOOK

6.1 Intelligent Transportation System Market Share by Region, 2022
6.2 North America
  6.2.1 North America intelligent transportation system market, 2018 - 2030
  6.2.2 North America intelligent transportation system market, by type, 2018 - 2030
  6.2.3 North America intelligent transportation system market, by application, 2018 - 2030
  6.2.4 U.S.
    6.2.4.1 U.S. intelligent transportation system market, 2018 - 2030
    6.2.4.2 U.S. intelligent transportation system market, by type, 2018 - 2030
    6.2.4.3 U.S. intelligent transportation system market, by application, 2018 - 2030
  6.2.5 Canada
    6.2.5.1 Canada intelligent transportation system market, 2018 - 2030
    6.2.5.2 Canada intelligent transportation system market, by type, 2018 - 2030
    6.2.5.3 Canada intelligent transportation system market, by application, 2018 - 2030
6.3 Europe
  6.3.1 Europe intelligent transportation system market, 2018 - 2030
  6.3.2 Europe intelligent transportation system market, by type, 2018 - 2030
  6.3.3 Europe intelligent transportation system market, by application, 2018 - 2030
  6.3.4 Germany
    6.3.4.1 Germany intelligent transportation system market, 2018 - 2030
    6.3.4.2 Germany intelligent transportation system market, by type, 2018 - 2030
    6.3.4.3 Germany intelligent transportation system market, by application, 2018 - 2030
  6.3.5 U.K.
    6.3.5.1 U.K. intelligent transportation system market, 2018 - 2030
    6.3.5.2 U.K. intelligent transportation system market, by type, 2018 - 2030
    6.3.5.3 U.K. intelligent transportation system market, by application, 2018 - 2030
  6.3.6 France
    6.3.6.1 France intelligent transportation system market, 2018 - 2030
    6.3.6.2 France intelligent transportation system market, by type, 2018 - 2030
    6.3.6.3 France intelligent transportation system market, by application, 2018 - 2030
6.4 Asia Pacific
  6.4.1 Asia Pacific intelligent transportation system market, 2018 - 2030
  6.4.2 Asia Pacific intelligent transportation system market, by type, 2018 - 2030
  6.4.3 Asia Pacific intelligent transportation system market, by application, 2018 - 2030
  6.4.4 China
    6.4.4.1 China intelligent transportation system market, 2018 - 2030
    6.4.4.2 China intelligent transportation system market, by type, 2018 - 2030
    6.4.4.3 China intelligent transportation system market, by application, 2018 - 2030
  6.4.5 India
    6.4.5.1 India intelligent transportation system market, 2018 - 2030
    6.4.5.2 India intelligent transportation system market, by type, 2018 - 2030
    6.4.5.3 India intelligent transportation system market, by application, 2018 - 2030
  6.4.6 Japan
    6.4.6.1 Japan intelligent transportation system market, 2018 - 2030
    6.4.6.2 Japan intelligent transportation system market, by type, 2018 - 2030
    6.4.6.3 Japan intelligent transportation system market, by application, 2018 - 2030
  6.4.7 South Korea
    6.4.7.1 South Korea intelligent transportation system market, 2018 - 2030
    6.4.7.2 South Korea intelligent transportation system market, by type, 2018 - 2030
    6.4.7.3 South Korea intelligent transportation system market, by application, 2018 - 2030
6.5 Latin America
  6.5.1 Latin America intelligent transportation system market, 2018 - 2030
  6.5.2 Latin America intelligent transportation system market, by type, 2018 - 2030
  6.5.3 Latin America intelligent transportation system market, by application, 2018 - 2030
  6.5.4 Brazil
    6.5.4.1 Brazil intelligent transportation system market, 2018 - 2030
    6.5.4.2 Brazil intelligent transportation system market, by type, 2018 - 2030
    6.5.4.3 Brazil intelligent transportation system market, by application, 2018 - 2030
  6.5.5 Mexico
    6.5.5.1 Mexico intelligent transportation system market, 2018 - 2030
    6.5.5.2 Mexico intelligent transportation system market, by type, 2018 - 2030
    6.5.5.3 Mexico intelligent transportation system market, by application, 2018 - 2030
  6.5.6 Argentina
    6.5.6.1 Argentina intelligent transportation system market, 2018 - 2030
    6.5.6.2 Argentina intelligent transportation system market, by type, 2018 - 2030
    6.5.6.3 Argentina intelligent transportation system market, by application, 2018 - 2030
6.6 MEA
  6.6.1 MEA intelligent transportation system market, 2018 - 2030
  6.6.2 MEA intelligent transportation system market, by type, 2018 - 2030
  6.6.3 MEA intelligent transportation system market, by application, 2018 - 2030
  6.6.4 UAE
    6.6.4.1 UAE intelligent transportation system market, 2018 - 2030
    6.6.4.2 UAE intelligent transportation system market, by type, 2018 - 2030
    6.6.4.3 UAE intelligent transportation system market, by application, 2018 - 2030
  6.6.5 KSA
    6.6.5.1 KSA intelligent transportation system market, 2018 - 2030
    6.6.5.2 KSA intelligent transportation system market, by type, 2018 - 2030
    6.6.5.3 KSA intelligent transportation system market, by application, 2018 - 2030

CHAPTER 7 COMPETITIVE ANALYSIS

7.1 Recent Developments and Impact Analysis, by Key Market Participants
7.2 Company/Competition Categorization
7.3 Vendor Landscape
  7.3.1 Intelligent Transportation System Market: Key Company Market Ranking/Share Analysis, 2022

CHAPTER 8 COMPETITIVE LANDSCAPE

8.1 Agero, Inc.
  8.1.1 Company overview
  8.1.2 Financial performance
  8.1.3 Product benchmarking
  8.1.4 Strategic initiatives
8.2 DENSO CORPORATION
  8.2.1 Company overview
  8.2.2 Financial performance
  8.2.3 Product benchmarking
  8.2.4 Strategic initiatives
8.3 EFKON GmbH
  8.3.1 Company overview
  8.3.2 Financial performance
  8.3.3 Product Benchmarking
  8.3.4 Strategic initiatives
8.4 Hitachi, Ltd.
  8.4.1 Company overview
  8.4.2 Financial performance
  8.4.3 Product benchmarking
  8.4.4 Strategic initiatives
8.5 Garmin Ltd.
  8.5.1 Company overview
  8.5.2 Financial performance
  8.5.3 Product benchmarking
  8.5.4 Strategic initiatives
8.6 Thales Group
  8.6.1 Company overview
  8.6.2 Financial performance
  8.6.3 Product benchmarking
  8.6.4 Strategic initiatives
8.7 Xerox Corporation
  8.7.1 Company overview
  8.7.2 Financial performance
  8.7.3 Product benchmarking
  8.7.4 Strategic initiatives
8.8 Ricardo
  8.8.1 Company overview
  8.8.2 Financial performance
  8.8.3 Product benchmarking
  8.8.4 Strategic initiatives
8.9 Sensys Networks, Inc.
  8.9.1 Company overview
  8.9.2 Financial performance
  8.9.3 Product benchmarking
  8.9.4 Strategic initiatives
8.10 Telenav, Inc.
  8.10.1 Company overview
  8.10.2 Financial performance
  8.10.3 Product benchmarking
  8.10.4 Strategic initiatives
8.11 Iteris, Inc.
  8.11.1 Company overview
  8.11.2 Financial performance
  8.11.3 Product benchmarking
  8.11.4 Strategic initiatives
8.12 Kapsch TrafficCom
  8.12.1 Company overview
  8.12.2 Financial performance
  8.12.3 Product benchmarking
  8.12.4 Strategic initiatives
8.13 Lanner
  8.13.1 Company overview
  8.13.2 Financial performance
  8.13.3 Product benchmarking
  8.13.4 Strategic initiatives
8.14 Nuance Communications, Inc.
  8.14.1 Company overview
  8.14.2 Financial performance
  8.14.3 Product benchmarking
  8.14.4 Strategic initiatives
8.15 Q-Free ASA
  8.15.1 Company overview
  8.15.2 Financial performance
  8.15.3 Product benchmarking
  8.15.4 Strategic initiatives
8.16 Siemens AG
  8.16.1 Company overview
  8.16.2 Financial performance
  8.16.3 Product benchmarking
  8.16.4 Strategic initiatives
8.17 TomTom International BV
  8.17.1 Company overview
  8.17.2 Financial performance
  8.17.3 Product benchmarking
  8.17.4 Strategic initiatives
8.18 TransCore
  8.18.1 Company overview
  8.18.2 Product benchmarking
  8.18.3 Strategic initiatives
  8.18.4 Strategic initiatives
LIST OF TABLES

TABLE 1 Intelligent transportation system market - Industry snapshot & key buying criteria, 2018 - 2030
TABLE 2 Global intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 3 Global intelligent transportation system market, by region, 2018 - 2030 (USD Million)
TABLE 4 Global intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 5 Global intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 6 Vendor landscape
TABLE 7 ATIS market, 2018 - 2030 (USD Million)
TABLE 8 ATIS market, by region, 2018 - 2030 (USD Million)
TABLE 9 ATMS market, 2018 - 2030 (USD Million)
TABLE 10 ATMS market, by region, 2018 - 2030 (USD Million)
TABLE 11 ATPS market, 2018 - 2030 (USD Million)
TABLE 12 ATPS market, by region, 2018 - 2030 (USD Million)
TABLE 13 APTS market, 2018 - 2030 (USD Million)
TABLE 14 APTS market, by region, 2018 - 2030 (USD Million)
TABLE 15 EMS market, 2018 - 2030 (USD Million)
TABLE 16 EMS market, by region, 2018 - 2030 (USD Million)
TABLE 17 Intelligent transportation system market in traffic management, 2018 - 2030 (USD Million)
TABLE 18 Intelligent transportation system market in traffic management, by region, 2018 - 2030 (USD Million)
TABLE 19 Intelligent transportation system market in road safety & security, 2018 - 2030 (USD Million)
TABLE 20 Intelligent transportation system market in road safety & security, by region, 2018 - 2030 (USD Million)
TABLE 21 Intelligent transportation system market in freight management, 2018 - 2030 (USD Million)
TABLE 22 Intelligent transportation system market in freight management, by region, 2018 - 2030 (USD Million)
TABLE 23 Intelligent transportation system market in public transport, 2018 - 2030 (USD Million)
TABLE 24 Intelligent transportation system market in public transport, by region, 2018 - 2030 (USD Million)
TABLE 25 Intelligent transportation system market in environment protection, 2018 - 2030 (USD Million)
TABLE 26 Intelligent transportation system market in environment protection, by region, 2018 - 2030 (USD Million)
TABLE 27 Intelligent transportation system market in automotive telematics, 2018 - 2030 (USD Million)
TABLE 28 Intelligent transportation system market in automotive telematics, by region, 2018 - 2030 (USD Million)
TABLE 29 Intelligent transportation system market in parking management, 2018 - 2030 (USD Million)
TABLE 30 Intelligent transportation system market in parking management, by region, 2018 - 2030 (USD Million)
TABLE 31 Intelligent transportation system market in road tolling systems, 2018 - 2030 (USD Million)
TABLE 32 Intelligent transportation system market in road tolling systems, by region, 2018 - 2030 (USD Million)
TABLE 33 North America intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 34 North America intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 35 North America intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 36 U.S. intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 37 U.S. intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 38 U.S. intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 39 Canada intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 40 Canada intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 41 Canada intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 42 Europe intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 43 Europe intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 44 Europe intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 45 Germany intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 46 Germany intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 47 Germany intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 48 U.K. intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 49 U.K. intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 50 U.K. intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 51 France intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 52 France intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 53 France intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 54 Asia Pacific intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 55 Asia Pacific intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 56 Asia Pacific intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 57 China intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 58 China intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 59 China intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 60 India intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 61 India intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 62 India intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 63 Japan intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 64 Japan intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 65 Japan intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 66 South Korea intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 67 South Korea intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 68 South Korea intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 69 Latin America intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 70 Latin America intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 71 Latin America intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 72 Brazil intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 73 Brazil intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 74 Brazil intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 75 Mexico intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 76 Mexico intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 77 Mexico intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 78 Argentina intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 79 Argentina intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 80 Argentina intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 81 MEA intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 82 MEA intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 83 MEA intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 84 UAE intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 85 UAE intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 86 UAE intelligent transportation system market, by application, 2018 - 2030 (USD Million)
TABLE 87 KSA intelligent transportation system market, 2018 - 2030 (USD Million)
TABLE 88 KSA intelligent transportation system market, by type, 2018 - 2030 (USD Million)
TABLE 89 KSA intelligent transportation system market, by application, 2018 - 2030 (USD Million)
LIST OF FIGURES

FIG. 1 Market segmentation and scope
FIG. 2 Global intelligent transportation system market, 2018 - 2030 (USD Million)
FIG. 3 Intelligent transportation system market - Value chain analysis
FIG. 4 Intelligent transportation system market - Market dynamics
FIG. 5 Intelligent transportation system market - Key market driver impact
FIG. 6 Intelligent transportation system market - Key market restraints impact
FIG. 7 Intelligent transportation system market - Key market opportunity impact
FIG. 8 Key opportunities prioritized
FIG. 9 Intelligent transportation system market - Porter’s five forces analysis
FIG. 10 Intelligent transportation system market - Company ranking analysis, 2022
FIG. 11 Intelligent transportation system market - PESTEL analysis
FIG. 12 Intelligent transportation system market, by type, 2022
FIG. 13 Intelligent transportation system market, by application, 2022
FIG. 14 Intelligent transportation system market, by region, 2022
FIG. 15 Intelligent transportation system market - Regional takeaways
FIG. 16 North America intelligent transportation system market - Key takeaways
FIG. 17 Europe intelligent transportation system market - Key takeaways
FIG. 18 Asia Pacific intelligent transportation system market - Key takeaways
FIG. 19 Latin America intelligent transportation system market - Key takeaways
FIG. 20 MEA intelligent transportation system market - Key takeaways?


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