An intelligent transportation system (ITS) is an advanced application which, without embodying intelligence as such, aims to provide innovative services relating to different modes of transport and traffic management and enable users to be better informed and make safer, more coordinated, and 'smarter' use of transport networks.
This report aims to provide a comprehensive presentation of the global market for Intelligent Transportation System (ITS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Intelligent Transportation System (ITS). This report contains market size and forecasts of Intelligent Transportation System (ITS) in global, including the following market information:
Global Intelligent Transportation System (ITS) Market Revenue, 2018-2023, 2024-2029, ($ millions)
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Global top five companies in 2022 (%)
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The global Intelligent Transportation System (ITS) market was valued at US$ 927.5 million in 2022 and is projected to reach US$ 1573.9 million by 2029, at a CAGR of 7.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
On the basis of application, the intelligent traffic control application held the largest share in 2017. This involves a much closer interaction between all of its constituents: drivers, pedestrians, public transportation, and traffic management systems. Adaptive signal systems, driver advisory and route planning, and automated vehicles are some of the goals set up to increase the efficiency of actual systems.
We surveyed the Intelligent Transportation System (ITS) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Intelligent Transportation System (ITS) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Intelligent Transportation System (ITS) Market Segment Percentages, by Type, 2022 (%)
Advanced Traffic Management System
Advanced Traveler Information System
ITS-Enabled Transportation Pricing System
Advanced Public Transportation System
Commercial Vehicle Operation
Global Intelligent Transportation System (ITS) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Intelligent Transportation System (ITS) Market Segment Percentages, by Application, 2022 (%)
Fleet Management and Asset Monitoring
Intelligent Traffic Control
Collision Avoidance
Parking Management
Passenger Information Management
Ticketing Management
Emergency Vehicle Notification
Automotive Telematics
Global Intelligent Transportation System (ITS) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Intelligent Transportation System (ITS) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Intelligent Transportation System (ITS) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Intelligent Transportation System (ITS) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Thales
Siemens
Garmin
Kapsch Trafficcom
Tomtom International
Cubic
Q-Free
Efkon
Flir Systems
Denso
Geotoll
Electricfeel
Doublemap
Bestmile
Nutonomy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Intelligent Transportation System (ITS), market overview.
Chapter 2: Global Intelligent Transportation System (ITS) market size in revenue.
Chapter 3: Detailed analysis of Intelligent Transportation System (ITS) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Intelligent Transportation System (ITS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
Table of content
1 Introduction to Research & Analysis Reports
1.1 Intelligent Transportation System (ITS) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Intelligent Transportation System (ITS) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Intelligent Transportation System (ITS) Overall Market Size
2.1 Global Intelligent Transportation System (ITS) Market Size: 2022 VS 2029
2.2 Global Intelligent Transportation System (ITS) Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Intelligent Transportation System (ITS) Players in Global Market
3.2 Top Global Intelligent Transportation System (ITS) Companies Ranked by Revenue
3.3 Global Intelligent Transportation System (ITS) Revenue by Companies
3.4 Top 3 and Top 5 Intelligent Transportation System (ITS) Companies in Global Market, by Revenue in 2022
3.5 Global Companies Intelligent Transportation System (ITS) Product Type
3.6 Tier 1, Tier 2 and Tier 3 Intelligent Transportation System (ITS) Players in Global Market
3.6.1
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