The global Intelligent Transportation System market was valued at USD +25 billion in 2019 and is anticipated to register a CAGR of +10% over the forecast period.
With the design of smart cities transmuting cities into digital societies, facilitating the lives of its citizens in all its aspects, the intelligent transport system Market is becoming an indispensable element of all. In any city, mobility is a major concern. Whether to go to school, college or office or for any other purpose, citizens use the transportation system to get around the city. Harnessing citizens with a smart transportation system can save them time and make the city smarter. Intelligent Transport System (ITS) aims to optimize traffic efficiency by minimizing traffic problems. It enriches users with advance traffic information, practical real-time information on local traffic, seat availability, and more. An intelligent transportation system (ITS) is a technology, application or platform that improves the quality of transportation, or achieves other outcomes based on applications that monitor, manage or enhance transportation systems.
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Intelligence Transportation System market Key Players:-
Advantech Co., Ltd., Bestmile SA, Clever Devices Ltd., Denso Corporation, EFKON AG, ETA Transit Systems, GMV Group, Hitachi, Ltd., Kapsch Trafficcom, Lanner Electronics, Moxa Inc., Nuance Communications, PTV Group, Q-Free ASA, Rhythm Engineering, Telegroup, Thales Group, TomTom N.V., Transmax Pty Ltd., Trapeze Group, WS Atkins PLC, and Xerox Corporation.
- Emergency vehicle notification systems
- Automatic road enforcement
- Variable speed limits
- Dynamic traffic light sequence
- Collision avoidance systems
Across the global, different regions such as China, America, Africa, Japan, Asia Pacific, and India are considered to give a gist about the outline of different top-level industries. Different surveys are aggregated from various industry experts and case studies that are responsible for the growth of the industries. The major key players are also listed in the report, to give a clear vision of competition level at the global and regional platform.
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Furthermore, it takes a closer look at various norms, government policies, rules, and regulations. This research has been done with proven research methodologies like qualitative and quantitative research methodologies. Different info graphics have been used while curating the report of the global Intelligent Transportation System market. The report profiles a few of the companies operating in the global market
Table of Content:-
Chapter1: The global Intelligent Transportation System market Overview 2019
Chapter2: Market drivers and challenges
Chapter3: Market Global Economic Indicators
Chapter4: Market Competitive scenario
Chapter5: Global Intelligent Transportation System market Size and Forecast 2019 to 2026
Chapter6: Project Logistics Market Forces Analysis
Chapter7: Market Trend 2019
Chapter8: Market by geography
Chapter9: Key Market Insights
Chapter10: Intelligent Transportation System market Development Trend Analysis
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