Intelligent Transport Systems Its Market

Intelligent Transport Systems Its Market

Intelligent Transport Systems (ITS) Market: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)

  • XPLREP399

  • February, 2018

  • 345 Pages

  • IoT

Overview of the global intelligent transport systems market

Global intelligent transport systems market is developing rapidly with a healthy CAGR during the assessed period. North America is expected to be the dominant market in 2017 in terms of revenue for intelligent transport systems. In the coming years, APEJ is expected to be a key market for sustainable revenue generation. Developing countries such as China are expected to account for high market shares in the APEJ region for the ITS market. Establishing strong supply chains and distribution channels are major practices followed by ITS vendors in China to expand their business opportunities. Smart technology such as smart parking and collision avoidance systems are the two applications which are showcasing high CAGRs.

Increased inclination towards better transport infrastructure is a new trend in the global intelligent transport systems market

Development of smart vehicles is one of the major trends shaping the global intelligent transport system market. These smart vehicles operate on intelligently controlled roads by deploying state of art infrastructure and latest technologies. However to operate with this technology, it is necessary for smart vehicles to have intelligent transport systems. This trend is expected to push the growth of the global ITS market.

Purchase Options
Intelligent Transport Systems (ITS) Market: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)
Buy Now
Custom Market Research Services

Custom Market Research Services

xploreMR offers custom market reserch services that help clients to get information on their business scenario required where syndicated solutions are not enough

Why Choose XploreMR

Why Choose XploreMR
  • Analyst Support

    Our analysts go above and beyond to answer your specific queries. We are with you throughout the entire journey – from initial discussion to post-purchase.

  • Country-wise Analysis & Forecasting

    As we track markets at country-level, we are able to offer hard-to-find market intelligence in both developed and emerging countries.

  • High Quality At Competitive Pricing

    We believe high quality market research shouldn’t be out of reach for businesses. Our competitively-priced market research reports ensure businesses of all sizes have access to quality information

Intelligent Transport Systems Its Market

Popular Reports

report
Global Market Study on Face and Voice Biometrics: Government Sector Projected to be the Most Attractive End Use Industry Segment During 2017 - 2025

Report Introduction Passwords and PINS to gain access to systems increasingly seem like a 20th century technology that should be consigned to the pages of history. The 21st century is poise ...

report
Global Market Study on Internet of Things (IoT) Analytics: North America Projected to Register High Y-o-Y Growth Rates During 2017-2025

The Internet of Things is an intrinsic part of connecting electronic devices with each other and enabling seamless communication within smart homes, cities, transportation, and other products. IoT ana ...