[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Intelligent Transportation System Market Size study & Forecast, by Component (Hardware, Software, Services) by Application (Ticketing and Tolling System, Traffic Management, Freight Management, Advanced Traveller Information System, Advanced Public Transportation System, Security and Surveillance, Others), by End User (Roadways, Railways, Waterways, Airways) and Regional Analysis, 2023-2030

March 2024 | 200 pages | ID: G2134CFE67DFEN
Bizwit Research & Consulting LLP

US$ 4,950.00

E-mail Delivery (PDF), Hard Copy Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Global Intelligent Transportation System Market is valued approximately at USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Intelligent Transportation System (ITS) is an integration of advanced technologies into transportation infrastructure and vehicles to enhance safety, efficiency, and overall effectiveness of transportation systems. ITS employs information and communication technologies to manage and optimize various aspects of transportation, including traffic management, vehicle operations, public transportation, and traveler information. Moreover, the increasing traffic congestion, rising inclination of governments towards CO2 emission reduction from transportation industry and increasing demand for connected vehicles that anticipated to create the lucrative demand for the market during forecast period 2023-2030.

Additionally, the growing urban population plays a crucial role in supporting the growth of the Intelligent Transportation System market. Urban areas often experience high traffic congestion due to the concentration of people and vehicles. ITS solutions can help manage and alleviate traffic congestion by optimizing traffic flow, reducing travel times and improving overall transportation efficiency. According to The World Bank, in 2020, or approximately 4.38 billion people that are around 55% of the world's population were living in the urban areas. In addition, it is predicted that by 2045, there are around 6 million people living in cities, an increase of 1.5 times annually. As a result, the growing urbanization is anticipated to support the market growth. Moreover, the development of smart cities and investment in railways is anticipated to create lucrative opportunity for the market growth. However, the high installation cost of ITS and complexity regarding interoperability between user & control unit stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Intelligent Transportation System Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the supportive government initiatives and funding, growing focus on road safety, and increasing adoption of electric and connected vehicles. Whereas, the Asia Pacific region is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the rapid urbanization, cohesive government investments and initiatives and growing smart city development.

Major market player included in this report are:

Alstom SA

NEC Corporation

Siemens AG

Thales Group

Navico Group

Kapsch TrafficCom AG

Cubic Transportation Systems, Inc.

Denso Corporation

Teledyne Flir LLC

Garmin Ltd.

Recent Developments in the Market:
  • In October 2022, Cubic Transportation Systems, Inc. has been awarded a five-year Traffic Scotland Systems Contract (TSSC) by Transport Scotland. Under this agreement, Cubic will offer support, maintenance, modernization, and development services to ensure optimal availability of the systems responsible for delivering the Traffic Scotland Service.
Global Intelligent Transportation System Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered – Component, Application, End User, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Hardware

Software

Services

By Application:

Ticketing and Tolling System

Traffic Management

Freight Management

Advanced Traveller Information System

Advanced Public Transportation System

Security and Surveillance

Others

By End User:

Roadways

Railways

Waterways

Airways

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Intelligent Transportation System Market, by region, 2020-2030 (USD Billion)
  1.2.2. Intelligent Transportation System Market, by Component, 2020-2030 (USD Billion)
  1.2.3. Intelligent Transportation System Market, by Application, 2020-2030 (USD Billion)
  1.2.4. Intelligent Transportation System Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL INTELLIGENT TRANSPORTATION SYSTEM MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL INTELLIGENT TRANSPORTATION SYSTEM MARKET DYNAMICS

3.1. Intelligent Transportation System Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Increasing traffic congestion
    3.1.1.2. Rising inclination of governments towards CO2 emission reduction from transportation industry
    3.1.1.3. Increasing demand for connected vehicles
    3.1.1.4. Growing urban population
  3.1.2. Market Challenges
    3.1.2.1. Complexity regarding interoperability between user & control unit
    3.1.2.2. High installation cost of ITS
  3.1.3. Market Opportunities
    3.1.3.1. Rapid development of smart cities
    3.1.3.2. Increasing investment in railways

CHAPTER 4. GLOBAL INTELLIGENT TRANSPORTATION SYSTEM MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economic
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COMPONENT

5.1. Market Snapshot
5.2. Global Intelligent Transportation System Market by Component, Performance - Potential Analysis
5.3. Global Intelligent Transportation System Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Intelligent Transportation System Market, Sub Segment Analysis
  5.4.1. Hardware
  5.4.2. Software
  5.4.3. Services

CHAPTER 6. GLOBAL INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Intelligent Transportation System Market by Application, Performance - Potential Analysis
6.3. Global Intelligent Transportation System Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Intelligent Transportation System Market, Sub Segment Analysis
  6.4.1. Ticketing and Tolling System
  6.4.2. Traffic Management
  6.4.3. Freight Management
  6.4.4. Advanced Traveller Information System
  6.4.5. Advanced Public Transportation System
  6.4.6. Security and Surveillance
  6.4.7. Others

CHAPTER 7. GLOBAL INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY END USER

7.1. Market Snapshot
7.2. Global Intelligent Transportation System Market by End User, Performance - Potential Analysis
7.3. Global Intelligent Transportation System Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
7.4. Intelligent Transportation System Market, Sub Segment Analysis
  7.4.1. Roadways
  7.4.2. Railways
  7.4.3. Waterways
  7.4.4. Airways

CHAPTER 8. GLOBAL INTELLIGENT TRANSPORTATION SYSTEM MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Intelligent Transportation System Market, Regional Market Snapshot
8.4. North America Intelligent Transportation System Market
  8.4.1. U.S. Intelligent Transportation System Market
    8.4.1.1. Component breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
    8.4.1.3. End User breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Intelligent Transportation System Market
8.5. Europe Intelligent Transportation System Market Snapshot
  8.5.1. U.K. Intelligent Transportation System Market
  8.5.2. Germany Intelligent Transportation System Market
  8.5.3. France Intelligent Transportation System Market
  8.5.4. Spain Intelligent Transportation System Market
  8.5.5. Italy Intelligent Transportation System Market
  8.5.6. Rest of Europe Intelligent Transportation System Market
8.6. Asia-Pacific Intelligent Transportation System Market Snapshot
  8.6.1. China Intelligent Transportation System Market
  8.6.2. India Intelligent Transportation System Market
  8.6.3. Japan Intelligent Transportation System Market
  8.6.4. Australia Intelligent Transportation System Market
  8.6.5. South Korea Intelligent Transportation System Market
  8.6.6. Rest of Asia Pacific Intelligent Transportation System Market
8.7. Latin America Intelligent Transportation System Market Snapshot
  8.7.1. Brazil Intelligent Transportation System Market
  8.7.2. Mexico Intelligent Transportation System Market
8.8. Middle East & Africa Intelligent Transportation System Market
  8.8.1. Saudi Arabia Intelligent Transportation System Market
  8.8.2. South Africa Intelligent Transportation System Market
  8.8.3. Rest of Middle East & Africa Intelligent Transportation System Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. Alstom SA
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. NEC Corporation
  9.3.3. Siemens AG
  9.3.4. Thales Group
  9.3.5. Navico Group
  9.3.6. Kapsch TrafficCom AG
  9.3.7. Cubic Transportation Systems, Inc.
  9.3.8. Denso Corporation
  9.3.9. Teledyne Flir LLC
  9.3.10. Garmin Ltd.

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Intelligent Transportation System Market, report scope
TABLE 2. Global Intelligent Transportation System Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Intelligent Transportation System Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global Intelligent Transportation System Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Intelligent Transportation System Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 6. Global Intelligent Transportation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Intelligent Transportation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Intelligent Transportation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Intelligent Transportation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Intelligent Transportation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Intelligent Transportation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Intelligent Transportation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Intelligent Transportation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Intelligent Transportation System Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Intelligent Transportation System Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Intelligent Transportation System Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Intelligent Transportation System Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Intelligent Transportation System Market
TABLE 71. List of primary sources, used in the study of global Intelligent Transportation System Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Intelligent Transportation System Market, research methodology
FIG 2. Global Intelligent Transportation System Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Intelligent Transportation System Market, key trends 2022
FIG 5. Global Intelligent Transportation System Market, growth prospects 2023-2030
FIG 6. Global Intelligent Transportation System Market, porters 5 force model
FIG 7. Global Intelligent Transportation System Market, pest analysis
FIG 8. Global Intelligent Transportation System Market, value chain analysis
FIG 9. Global Intelligent Transportation System Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Intelligent Transportation System Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Intelligent Transportation System Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Intelligent Transportation System Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Intelligent Transportation System Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Intelligent Transportation System Market, regional snapshot 2020 & 2030
FIG 15. North America Intelligent Transportation System Market 2020 & 2030 (USD Billion)
FIG 16. Europe Intelligent Transportation System Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Intelligent Transportation System Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Intelligent Transportation System Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Intelligent Transportation System Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


More Publications