Thursday, February 11th, 2016 - WiseGuyReports

Intelligent Transportation System (ITS) Products & Applications - Global Market Outlook (2015-2022) adds “Intelligent Transportation System (ITS) Products & Applications - Global Market Outlook (2015-2022)” to its research database.

According to Stratistics MRC, the Intelligent Transportation System (ITS) market is expected to reach $42.67 billion by 2022 growing at a CAGR of 12.21%. Growing population and increasing vehicles have led to increased traffic congestion and need for effective traffic management. The factors favoring the market include, increasing government funding, reducing pollution, rising need for road safety improvements, and increasing traffic congestion. However, high installation costs, sluggish infrastructure growth and need of interoperability between ITS and existing infrastructure are restraining the market growth. 

Complete report details @                                           

Advanced Traffic Management System (ATMS) is leading the ITS market and is expected to dominate the market during forecast period due to its special functions such as real time monitoring, traffic camera monitoring, road weather information monitoring and incident monitoring, traffic signal controlling, and automatic warning. Advanced Public Transportation Systems (APTS) is also expected to witness rapid growth during the forecast period. Traffic management applications dominate the ITS market and expected to continue its growth during the forecast period. Environment protection and road user charging are expected to be the fastest growing segments. 

North America has the leading market for ITS and is expected to dominate the market over forecast period due to rising driver safety, reducing congestion and regulatory initiatives. Asia Pacific is expected to grow at the highest CAGR over the forecast period. Some of the major players in the market include, Transcore Inc., Hitachi Ltd, Siemens AG, Thales Group, Xerox Corporation, Kapsch Trafficcom, Q-Free, EFKON AG, Lanner Electronics Inc, Denso Corporation, Garmin Ltd., EFKON AG, TOMtom International BV, Savari Inc. and Nuance Communications. 

Products Covered: 
• Advanced Transportation Management Systems (ATMS) 
• Advanced Public Transportation Systems (APTS) 
• Advanced Transportation Pricing Systems (ATPS) 
• Advanced Traveler Information Systems (ATIS) 
• Cooperative Vehicle Systems 
Applications Covered: 
• Automotive Telematics 
• Traffic Management 
• Collision Avoidance system 
• Road User Charging 
• Road Safety and Security 
• Traffic Signal Control 
• Freight Management (Commercial) 
• Parking Management 
• Public Transport 
• Environment Protection 
• Traffic Enforcement Camera 
Components Covered: 
• Sensor 
o Speed Sensor 
o Vehicle Detection Sensor 
o Pedestrian Presence Sensor 
• Surveillance Camera 
o AID Camera 
o Thermal Camera 
• Software 
o Transit Management System 
o Visualization Software 
o Video Detection Management 
o Others 
• Interface Board 
o Vehicle Detection Board 
o Communication Board 
o Multifunctional Board 
• Monitoring and Detection System 
o Intelligent Traffic Controller 
o Automatic Number Plate Recognition 
• Telecommunication Network 
o Wireless 
o Fiber Optics 
o Copper Lines 
• Others

Order a Purchase Report Copy @        

Regions Covered: 
• North America 
o US 
o Canada 
o Mexico 
• Europe 
o Germany 
o France 
o Italy 
o UK 
o Spain 
o Rest of Europe 
• Asia Pacific 
o Japan 
o China 
o India 
o Australia 
o New Zealand 
o Rest of Asia Pacific 
• Rest of the World 
o Middle East 
o Brazil 
o Argentina 
o South Africa 
o Egypt

What our report offers: 
- Market share assessments for the regional and country level segments 
- Market share analysis of the top industry players 
- Strategic recommendations for the new entrants 
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets 
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
- Strategic recommendations in key business segments based on the market estimations 
- Competitive landscaping mapping the key common trends 
- Company profiling with detailed strategies, financials, and recent developments 
- Supply chain trends mapping the latest technological advancement                                                            

Check Discount on this report @                                                                                              



Contact Profile


Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

Our Market Research Reports and Consulting Services 

Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories. The Wise Guy Reports team prides itself in being the chosen source for market research reports, report customizations services, and other ancillary services such as a Newsletter service and corporate service for large organizations.

Hundreds of large and small organizations across virtually every industry sector worldwide are currently reaping rich dividends from the sharp insights provided by market research reports sourced through Wise Guy Reports. 

Gaining an insight into emerging trends, opportunities and potential threats is key to long-term sustenance in a competitive environment. The handpicked collection of market research reports on Wise Guy Reports is centred on this proven principle.

Norah Trent
P: +44 208 133 9349
M: +1 646 845 9349


Intelligent Transportation System, Intelligent Transportation System Industry,Intelligent Transportation System Market,Intelligent Transportation System Market Trends, Intelligent Transportation System Industry Trends, Intelligent Transportation System




More Formats