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Segmentation: Global Intelligent Transportation System (ITS) Market By Protocol (Short Range, Long Range, IEEE 1512, TMDD), Offering (Hardware, Software, Services), System (ATMS, EMS, ATIS, ITS-Enabled Transportation Pricing System, ATPS, APTS, Cooperative Systems, ANPR, Commercial Vehicle Operation), Application (Roadways, Railways, Aviation, Maritime), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Analysis: Global intelligent transportation system (ITS) market is expected to rise to an estimated value of USD 63.36 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the better management of accidents, emergency services, allocation of limited resources as well as better logistics requirement in aviation and maritime applications.
- Political (Political policy and stability as well as trade, fiscal and taxation
- Economical (Interest rates, employment or unemployment rates, raw material
- costs and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends,
- attitude changes and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research
- and development)
- Legal (Employment legislation, consumer law, health and safety, international
- as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste
- disposal and sustainability)
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The market share (by revenue) for the public players will be based on the information available in the public domain, and for the private players, such information will be provided on best effort basis, which will entirely be based on primary interviews and latest developments of the companies
Intelligent Transportation System (ITS) Market competition by TOP Players are: Few of the major competitors currently working in the global intelligent transportation system (ITS) market are Thales Group; Siemens; Garmin Ltd.; Cubic Corporation; EFKON; TomTom Telematics BV; FLIR Systems, Inc.; GeoToll; ElectricFeel AG; DENSO CORPORATION; DoubleMap; Bestmile SA; nuTonomy; Iteris, Inc.; Ricardo; TransCore; Lanner Electronics Incorporated; Savari, Inc.; Agero, Inc.; Hitachi Transport System, Ltd.; Sensys Networks, Inc.; Atkins; Conduent, Inc.; Advantech Co., Ltd.; Clever Devices Ltd; ETA Transit; GMV; Moxa Inc.; PTV AG; RHYTHM ENGINEERING; Telegroup; Transmax Pty Ltd.; Trapeze Software ULC; Neology, Inc.; 3M; International Road Dynamics Inc.; KLD Engineering, P.C.; Peek Traffic Corporation; Traffic Tech (Gulf) W.L.L. among others.
This report studies the top producers and consumers, focuses on product capacity, value, consumption, market share and growth opportunity in these key regions, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Strategic Points Covered in Table of Content of Global Intelligent Transportation System (ITS) Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Intelligent Transportation System (ITS) Market
Chapter 2: Exclusive Summary – the basic information of the Intelligent Transportation System (ITS) Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Intelligent Transportation System (ITS) Market
Chapter 4: Presenting the Intelligent Transportation System (ITS) Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region
Chapter 6: Evaluating the leading manufacturers of the Intelligent Transportation System (ITS) Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2028).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Intelligent Transportation System (ITS) Market is a valuable source of guidance for individuals and companies in decision framework.
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