The insights highlighted in the Intelligent Transportation System (ITS) report are pivotal in shaping a resilient future amidst unprecedented health and economic challenges. This comprehensive market analysis not only provides essential data but also offers strategic solutions that directly impact revenue. It serves as a crucial tool in overcoming obstacles, especially those posed by the economic fallout of the Covid-19 pandemic. The services provided in this market research report represent a modernized approach to strategy formulation, offering actionable insights and an unparalleled breadth of industry and technology coverage.

Adhering to a stringent timeline, the Intelligent Transportation System (ITS) report is delivered to clients with precision. The DBMR team, known for its unparalleled resilience and integrated methodologies, diligently works to produce the finest market report. This document plays a vital role in uncovering optimal market opportunities and supplying essential information to facilitate business growth. Addressing complex challenges, the report presents viable solutions, streamlining the decision-making process for businesses. Our commitment to excellence ensures timely delivery, and our post-sales support remains unparalleled, offering clients dedicated assistance in addressing queries and requests with exceptional performance.

Data Bridge Market Research analyses that the intelligent transportation system (ITS) market, valued at USD 28.25 billion in 2022, will reach USD 59.12 billion by 2030, growing at a CAGR of 9.67% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.     

𝗧𝗼 𝗚𝗲𝘁 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝗽𝗼𝗿𝘁, 𝗩𝗶𝘀𝗶𝘁 @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-intelligent-transportation-system-its-market

𝗗𝗿𝗶𝘃𝗲𝗿:

• Growing urbanization and population drives the market growth

The growing urbanization and population in cities have resulted in significant challenges such as traffic congestion, road accidents, and pollution. ITS solutions utilize technologies like real-time traffic monitoring, adaptive signal control, and smart routing algorithms to address these issues and optimize traffic flow and reduce congestion. Moreover, ITS promotes road safety through systems like intelligent speed control, collision avoidance, and driver assistance systems. By improving traffic management and enhancing road safety, ITS helps alleviate the negative impacts of urbanization, leading to more efficient transportation, reduced accidents, and decreased pollution levels in cities.

• The need for efficient transportation drives the market

The need for efficient transportation is a key driver for the adoption of intelligent transportation systems (ITS). As the demand for reliable and smooth transportation grows, ITS offers solutions to optimize traffic flow, reduce travel times, and enhance overall transportation efficiency. Through technologies like real-time traffic monitoring, intelligent signal control, and dynamic route guidance, ITS can effectively manage congestion, minimize delays, and improve the overall flow of vehicles. This driver is particularly relevant in congested urban areas and major transportation hubs where efficient movement of people and goods is crucial. By implementing ITS solutions, transportation systems can operate more efficiently, leading to improved productivity, reduced travel times, and enhanced user satisfaction.

𝗦𝗼𝗺𝗲 𝗸𝗲𝘆 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗺𝗲𝗻𝘁𝗶𝗼𝗻𝗲𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗮𝗿𝗲:

• Thales (France)
• Siemens (Germany)
• Cubic Transportation Systems, Inc (U.S.)
• EFKON GmbH (Austria)
• TomTom International BV (Netherlands)
• Teledyne FLIR LLC (U.S.)
• GeoToll, Inc. (U.S.)
• Electricfeel (Switzerland)
• DENSO CORPORATION (Japan)
• Iteris, Inc. (U.S.)
• Ricardo (U.K.)
• TransCore (U.S.)
• Lanner (Taiwan)
• Agero, Inc. (U.S.)
• LOGISTEED, Ltd (Japan)
• Sensys Networks, Inc. (U.S.)
• Conduent Business Services, LLC (U.S.)
• Advantech Co., Ltd. (Taiwan)
• Clever Devices Ltd (U.S.)
• ETA Transit Systems, Inc. (U.S.)
• GMV Innovating Solutions S.L. (Spain)
• Moxa Inc. (Taiwan)
• RHYTHM ENGINEERING (U.S.)
• Telegroup (Serbia)
• Transmax Pty Ltd. (Australia)
• Trapeze Software ULC (Canada)
• 3M (U.S.)

𝗞𝗲𝘆 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝘁𝗵𝗮𝘁 𝗦𝘁𝘂𝗱𝘆 𝗶𝘀 𝗴𝗼𝗶𝗻𝗴 𝘁𝗼 𝗽𝗿𝗼𝘃𝗶𝗱𝗲:

·       The 360-degree Intelligent Transportation System (ITS) overview based on a global and regional level

·       Market Share & Sales Revenue by Key Players & Emerging Regional Players

·       A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]

·       May vary depending upon availability and feasibility of data with respect to Industry targeted

·       Patent Analysis** No of patents / Trademark filed in recent years.

·       A complete and useful guide for new market aspirants

·       Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations

·       Various Intelligent Transportation System (ITS) industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:

By Mode of Transport (Roadways, Railways, Airways), Offering (Hardware, Software, Services), System (Advanced Traffic Management System, Advanced Traveller Information System, Advanced Transportation Management System (ATMS), ITS-Enabled Transportation Pricing System, Advanced Public Transportation System, Commercial Vehicle Operation, Emergency Medical System (EMS), Advanced Transportation Pricing System (ATPS), Advanced Public Transportation System (APTS), Cooperative Vehicles System (CVS), Automatic Number Plate Recognition System (ANPR)), Application (Roadways, Railways, Aviation, Maritime)

The countries covered in the Global Intelligent Transportation System (Its) Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

𝗧𝗮𝗯𝗹𝗲 𝗼𝗳 𝗖𝗼𝗻𝘁𝗲𝗻𝘁𝘀:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Key leading countries

Vendor Landscape

Vendor Analysis

Appendix

𝗧𝗼 𝗞𝗻𝗼𝘄 𝗠𝗼𝗿𝗲 𝗔𝗯𝗼𝘂𝘁 𝗧𝗵𝗶𝘀 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁, 𝗩𝗶𝘀𝗶𝘁 @ https://www.databridgemarketresearch.com/reports/global-intelligent-transportation-system-its-market

𝗔𝗯𝗼𝘂𝘁 𝗗𝗮𝘁𝗮 𝗕𝗿𝗶𝗱𝗴𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵:

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