Intelligent Transportation System Market

Global Intelligent Transportation System Market Size, Trends & Analysis - Forecasts to 2029 By Mode of Transport (Roadways, Railways, Airways, and Maritime), By Type (Advanced Traffic Management Systems (ATMS), Advanced Transportation Pricing System (ATPS), Advanced Traveller Information System (ATIS), Advanced Public Transportation System (APTS), and Other Types), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Category Electronics, Semiconductors and Information & Communication Technology
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This report was recently updated on July 20 2024 with the latest and most recent market numbers

Global Intelligent Transportation System Market Size

The global intelligent transportation system (ITS) market is projected to grow at a CAGR of 8.6% from 2024 to 2029.

Intelligent transportation technology, such as smart traffic management and autonomous vehicles, is transforming urban mobility solutions, contributing to the ITS market growth. These advancements improve the efficiency and safety of transportation networks, lowering congestion and increasing traffic flow. The integration of connected vehicles with vehicle-to-infrastructure (V2I) communication systems allows for real-time traffic data sharing, enabling dynamic traffic signal control systems and smart parking systems. Such improvements have a substantial impact on the development of intelligent transportation solutions, this provides more smooth and efficient travel experiences.

The innovation in advanced traffic monitoring systems and transportation analytics has also contributed significantly to the expansion of the ITS market. These technologies provide detailed insights into traffic patterns, which contribute to optimizing traffic signal control and fleet management systems. Real-time traffic data is critical for successful traffic management because it enables authorities to respond quickly to accidents and change traffic signals to reduce delays. Furthermore, developments in public transportation technology, such as smart mobility solutions and ITS infrastructure, help buses, trains, and other mass transit systems run more efficiently, supporting sustainable urban mobility.

According to ITS market trends, the ongoing development of ITS infrastructure and advances in smart traffic management and intelligent transportation innovation are likely to fuel significant market growth. As a result, the global ITS market is expected to grow significantly, owing to the synergistic impacts of technical improvements and market dynamics.

The substantial initial expenditure required to build Intelligent Transportation Systems (ITS) infrastructure restricts market growth, restricting adoption rates in countries or organizations that cannot afford the upfront costs.

global intelligent transportation system market

Global Intelligent Transportation System Market: By Mode of Transport

The roadway segment is expected to hold the largest share of the market. The segment growth is due to the widespread implementation of advanced traffic management solutions, the demand for improved road safety, and increasing urbanization, which leads to greater traffic congestion. Furthermore, significant expenditures in smart city projects, infrastructure development, and the increasing use of connected vehicles and smart traffic lights are driving up demand for intelligent transportation systems on roads.

The maritime segment is expected to be the fastest-growing segment in the market from 2024 to 2029. The growth is owing to increasing global trade, the need for efficient port operations, and improved maritime safety. Innovations in autonomous shipping, real-time tracking, and navigation systems, as well as increased investments in smart ports, fuel the rise of intelligent transportation systems in maritime transport.

Global Intelligent Transportation System Market: By Type

The advanced traveller information system (ATIS) segment is anticipated to be the fastest-growing segment in the market from 2024 to 2029. The segment's growth is due to commuters' rising demand for real-time travel information. ATIS offers tailored route recommendations, traffic updates, and alternative transportation options, making travel more convenient and efficient. With the expansion of smartphone usage and the incorporation of ATIS into mobile apps and navigation systems, combined with advances in data analytics and AI, the segment is primed for significant growth in terms of enhancing the overall travel experience and reducing congestion.

The advanced traffic management systems (ATMS) segment is expected to hold the largest share of the market. The growth of the segment is due to its importance in reducing traffic congestion, improving road safety, and improving overall traffic flow. The increased adoption of smart city projects, combined with developments in real-time data analytics, adaptive traffic signal control, and incident detection systems, is driving demand for ATMs. Furthermore, government investments in infrastructure modernization drive this segment's growth.

asia pacific intelligent transportation system market

Global Intelligent Transportation System Market: By Region

North America is expected to be the largest region in the market. The primary reasons boosting the market growth in this region include the increasing adoption of intelligent transportation systems (ITS) in developed economies such as the United States and Canada. This dominance is driven by robust government programs, significant expenditures in smart city projects, and a strong emphasis on reducing traffic congestion and boosting transportation infrastructure efficiency. Furthermore, technological improvements and a robust ITS ecosystem strengthen North America's position in the global market.

Asia Pacific is predicted to witness rapid growth during the forecast period. The regional market growth is attributed to the increasing urbanization, population expansion, and rising traffic congestion in countries such as China, India, and Southeast Asian states. Government initiatives to update transportation infrastructure, together with investments in smart city projects and the adoption of new technologies such as IoT and AI, are driving the need for intelligent transportation systems (ITS). The region's growing middle-class drives demand for efficient and sustainable mobility solutions, which contributes to the ITS market's expansion.

Global Intelligent Transportation System Market Share and Competitor Analysis

Siemens AG, Thales Group, IBM Corporation, Garmin International Inc, Addco LLC, TomTom NV, Cubic Corporation, FLIR Systems, Lanner Electronics Inc., and Denso Corporation, among others, are some of the key players operating in the global intelligent transportation system market.

Please note: This is not an exhaustive list of companies profiled in the report.

Global Intelligent Transportation System Market: Recent Developments

In May 2024, Siemens announced a significant advancement in automation technology with the introduction of the Simatic Workstation. This new workstation integrates multiple functions of traditional hardware-based control systems into a single software-defined platform. It replaces separate PLCs, HMIs, and edge devices with centralized management capabilities, enabling synchronized updates and efficient scalability across manufacturing operations.

In March 2024, Thales and Neural Labs expanded their partnership to enhance smart city solutions through advanced software monetization and licensing capabilities. Thales' Sentinel platform now supports Neural Labs in deploying cloud-based licensing and SaaS offerings, enabling efficient management and distribution of software licenses across various locations. This partnership facilitates Neural Labs' scalability and operational flexibility, crucial for their growth in sectors such as intelligent transportation systems and video analytics for smart cities.

 

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY TYPE

4.1   Introduction

4.2   Intelligent Transportation System Market: Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2023 & 2029

4.4   Advanced Traffic Management Systems (ATMS)

4.4.1        Advanced Traffic Management Systems (ATMS) Market Estimates and Forecast, 2021-2029 (USD Million)

4.5   Advanced Transportation Pricing System (ATPS)

4.5.1        Advanced Transportation Pricing System (ATPS) Market Estimates and Forecast, 2021-2029 (USD Million)

4.6   Advanced Traveler Information System (ATIS)

4.6.1        Advanced Traveler Information System (ATIS) Market Estimates and Forecast, 2021-2029 (USD Million)

4.7   Advanced Public Transportation System (APTS)

4.7.1        Advanced Public Transportation System (APTS) Market Estimates and Forecast, 2021-2029 (USD Million)

4.8   Other Types

4.8.1        Other Types Market Estimates and Forecast, 2021-2029 (USD Million)

5          GLOBAL INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE OF TRANSPORT

5.1   Introduction

5.2   Intelligent Transportation System Market: Mode of Transport Scope Key Takeaways

5.3   Revenue Growth Analysis, 2023 & 2029

5.4   Roadways

5.4.1        Roadways Market Estimates and Forecast, 2021-2029 (USD Million)

5.5   Railways

5.5.1        Railways Market Estimates and Forecast, 2021-2029 (USD Million)

5.6   Airways

5.6.1        Airways Market Estimates and Forecast, 2021-2029 (USD Million)

5.7   Maritime

5.7.1        Maritime Market Estimates and Forecast, 2021-2029 (USD Million)

6          GLOBAL INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY REGION

6.1   Introduction

6.2   North America Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.1        By Type

6.2.2        By Mode of Transport

6.2.3        By Country

6.2.3.1     U.S. Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.1.1        By Type

6.2.3.1.2        By Mode of Transport

6.2.3.2     Canada Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.2.1        By Type

6.2.3.2.2        By Mode of Transport

6.2.3.3     Mexico Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.3.1        By Type

6.2.3.3.2        By Mode of Transport

6.3   Europe Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.1        By Type

6.3.2        By Mode of Transport

6.3.3        By Country

6.3.3.1     Germany Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.1.1        By Type

6.3.3.1.2        By Mode of Transport

6.3.3.2     U.K. Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.2.1        By Type

6.3.3.2.2        By Mode of Transport

6.3.3.3     France Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.3.1        By Type

6.3.3.3.2        By Mode of Transport

6.3.3.4     Italy Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.4.1        By Type

6.3.3.4.2        By Mode of Transport

6.3.3.5     Spain Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.5.1        By Type

6.3.3.5.2        By Mode of Transport

6.3.3.6     Netherlands Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Type

6.3.3.6.2        By Mode of Transport

6.3.3.7     Rest of Europe Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Type

6.3.3.6.2        By Mode of Transport

6.4   Asia Pacific Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.1        By Type

6.4.2        By Mode of Transport

6.4.3        By Country

6.4.3.1     China Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.1.1        By Type

6.4.3.1.2        By Mode of Transport

6.4.3.2     Japan Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.2.1        By Type

6.4.3.2.2        By Mode of Transport

6.4.3.3     India Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.3.1        By Type

6.4.3.3.2        By Mode of Transport

6.4.3.4     South Korea Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.4.1        By Type

6.4.3.4.2        By Mode of Transport

6.4.3.5     Singapore Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.5.1        By Type

6.4.3.5.2        By Mode of Transport

6.4.3.6     Malaysia Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Type

6.4.3.6.2        By Mode of Transport

6.4.3.7     Thailand Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Type

6.4.3.6.2        By Mode of Transport

6.4.3.8     Indonesia Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.7.1        By Type

6.4.3.7.2        By Mode of Transport

6.4.3.9     Vietnam Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.8.1        By Type

6.4.3.8.2        By Mode of Transport

6.4.3.10  Taiwan Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.10.1 By Type

6.4.3.10.2 By Mode of Transport

6.4.3.11  Rest of Asia Pacific Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.11.1 By Type

6.4.3.11.2 By Mode of Transport

6.5   Middle East and Africa Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.1        By Type

6.5.2        By Mode of Transport

6.5.3        By Country

6.5.3.1     Saudi Arabia Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.1.1        By Type

6.5.3.1.2        By Mode of Transport

6.5.3.2     U.A.E. Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.2.1        By Type

6.5.3.2.2        By Mode of Transport

6.5.3.3     Israel Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.3.1        By Type

6.5.3.3.2        By Mode of Transport

6.5.3.4     South Africa Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.4.1        By Type

6.5.3.4.2        By Mode of Transport

6.5.3.5     Rest of Middle East and Africa Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.5.1        By Type

6.5.3.5.2        By Mode of Transport

6.6   Central and South America Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.1        By Type

6.6.2        By Mode of Transport

6.6.3        By Country

6.6.3.1     Brazil Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.1.1        By Type

6.6.3.1.2        By Mode of Transport

6.6.3.2     Argentina Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.2.1        By Type

6.6.3.2.2        By Mode of Transport

6.6.3.3     Chile Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Type

6.6.3.3.2        By Mode of Transport

6.6.3.3     Rest of Central and South America Intelligent Transportation System Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Type

6.6.3.3.2        By Mode of Transport

7          COMPETITIVE LANDCAPE

7.1   Company Market Share Analysis

7.2   Four Quadrant Positioning Matrix

7.2.1        Market Leaders

7.2.2        Market Visionaries

7.2.3        Market Challengers

7.2.4        Niche Market Players

7.3   Vendor Landscape

7.3.1        North America

7.3.2        Europe

7.3.3        Asia Pacific

7.3.4        Rest of the World

7.4   Company Profiles  

7.4.1        Siemens AG

7.4.1.1 Business Description & Financial Analysis

7.4.1.2 SWOT Analysis

7.4.1.3 Products & Services Offered

7.4.1.4 Strategic Alliances between Business Partners

7.4.2        Thales Group

7.4.2.1 Business Description & Financial Analysis

7.4.2.2 SWOT Analysis

7.4.2.3 Products & Services Offered

7.4.2.4 Strategic Alliances between Business Partners

7.4.3        Garmin International Inc

7.4.3.1 Business Description & Financial Analysis

7.4.3.2 SWOT Analysis

7.4.3.3 Products & Services Offered

7.4.3.4 Strategic Alliances between Business Partners

7.4.4        Addco LLC

7.4.4.1 Business Description & Financial Analysis

7.4.4.2 SWOT Analysis

7.4.4.3 Products & Services Offered

7.4.4.4 Strategic Alliances between Business Partners

7.4.5        TomTom NV

7.4.5.1 Business Description & Financial Analysis

7.4.5.2 SWOT Analysis

7.4.5.3 Products & Services Offered

7.4.5.4 Strategic Alliances between Business Partners

7.4.6        IBM

7.4.6.1 Business Description & Financial Analysis

7.4.6.2 SWOT Analysis

7.4.6.3 Products & Services Offered

7.4.6.4 Strategic Alliances between Business Partners

7.4.7        Cubic Corporation  

7.4.7.1 Business Description & Financial Analysis

7.4.7.2 SWOT Analysis

7.4.7.3 Products & Services Offered

7.4.7.4 Strategic Alliances between Business Partners

7.4.8        FLIR Systems

7.4.8.1 Business Description & Financial Analysis

7.4.8.2 SWOT Analysis

7.4.8.3 Products & Services Offered

7.4.8.4 Strategic Alliances between Business Partners

7.4.9        Lanner Electronics Inc.

7.4.9.1 Business Description & Financial Analysis

7.4.9.2 SWOT Analysis

7.4.9.3 Products & Services Offered

7.4.9.4 Strategic Alliances between Business Partners

7.4.10      Denso Corporation

7.4.10.1 Business Description & Financial Analysis

7.4.10.2 SWOT Analysis

7.4.10.3 Products & Services Offered

7.4.10.4 Strategic Alliances between Business Partners

7.4.11      Other Companies

7.4.11.1 Business Description & Financial Analysis

7.4.11.2 SWOT Analysis

7.4.11.3 Products & Services Offered

7.4.11.4 Strategic Alliances between Business Partners

8          RESEARCH METHODOLOGY

8.1   Market Introduction

8.1.1        Market Definition

8.1.2        Market Scope & Segmentation

8.2   Information Procurement

8.2.1        Secondary Research

8.2.1.1 Purchased Databases

8.2.1.2 GMEs Internal Data Repository

8.2.1.3 Secondary Resources & Third Party Perspectives

8.2.1.4 Company Information Sources

8.2.2        Primary Research

8.2.2.1 Various Types of Respondents for Primary Interviews

8.2.2.2 Number of Interviews Conducted throughout the Research Process

8.2.2.3 Primary Stakeholders

8.2.2.4 Discussion Guide for Primary Participants

8.2.3        Expert Panels

8.2.3.1 Expert Panels Across 30+ Industry

8.2.4        Paid Local Experts

8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

8.3   Market Estimation

8.3.1        Top-Down Approach

8.3.1.1 Macro-Economic Indicators Considered

8.3.1.2 Micro-Economic Indicators Considered

8.3.2        Bottom Up Approach

8.3.2.1 Company Share Analysis Approach

8.3.2.2 Estimation of Potential Product Sales

8.4   Data Triangulation

8.4.1        Data Collection

8.4.2        Time Series, Cross Sectional & Panel Data Analysis

8.4.3        Cluster Analysis

8.5   Analysis and Output

8.5.1        Inhouse AI Based Real Time Analytics Tool

8.5.2        Output From Desk & Primary Research

8.6   Research Assumptions & Limitations

8.6.1        Research Assumptions

8.6.2        Research Limitations

LIST OF TABLES

1 Global Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

2 Advanced Traffic Management Systems (ATMS) Market, By Region, 2021-2029 (USD Million)      

3 Advanced Transportation Pricing System (ATPS) Market, By Region, 2021-2029 (USD Million)   

4 Advanced Public Transportation System (APTS) Market, By Region, 2021-2029 (USD Million)     

5 Advanced Traveler Information System (ATIS) Market, By Region, 2021-2029 (USD Million)        

6 Other Types Market, By Region, 2021-2029 (USD Million)   

7 Global Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

8 Roadways Market, By Region, 2021-2029 (USD Million)       

9 Railways Market, By Region, 2021-2029 (USD Million)

10 Airways Market, By Region, 2021-2029 (USD Million)

11 maritime Market, By Region, 2021-2029 (USD Million)

12 Regional Analysis, 2021-2029 (USD Million)              

13 North America Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

14 North America Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

15 North America Intelligent Transportation System Market, By COUNTRY, 2021-2029 (USD Million)

16 U.S. Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

17 U.S. Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

18 Canada Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

19 Canada Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

20 Mexico Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

21 Mexico Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

22 Europe Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

23 Europe Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

24 Europe Intelligent Transportation System Market, By Country, 2021-2029 (USD Million)           

25 Germany Intelligent Transportation System Market, By Type, 2021-2029 (USD Million) 

26 Germany Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)     

27 U.K. Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

28 U.K. Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

29 France Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

30 France Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

31 Italy Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

32 Italy Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

33 Spain Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

34 Spain Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

35 Netherlands Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

36 Netherlands Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

37 Rest Of Europe Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

38 Rest Of Europe Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

39 Asia Pacific Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

40 Asia Pacific Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

41 Asia Pacific Intelligent Transportation System Market, By Country, 2021-2029 (USD Million)

42 China Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

43 China Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

44 Japan Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

45 Japan Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

46 India Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

47 India Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

48 South Korea Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

49 South Korea Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

50 Singapore Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

51 Singapore Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

52 Thailand Intelligent Transportation System Market, By Type, 2021-2029 (USD Million) 

53 Thailand Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)     

54 Malaysia Intelligent Transportation System Market, By Type, 2021-2029 (USD Million) 

55 Malaysia Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)     

56 Indonesia Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

57 Indonesia Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

58 Vietnam Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)   

59 Vietnam Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

60 Taiwan Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

61 Taiwan Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

62 Rest of APAC Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

63 Rest of APAC Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)     

64 Middle East and Africa Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)       

65 Middle East and Africa Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)              

66 Middle East and Africa Intelligent Transportation System Market, By Country, 2021-2029 (USD Million)     

67 Saudi Arabia Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

68 Saudi Arabia Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

69 UAE Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

70 UAE Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

71 Israel Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

72 Israel Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

73 South Africa Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

74 South Africa Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

75 Rest Of Middle East and Africa Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)     

76 Rest Of Middle East and Africa Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million) 

77 Central and  South America Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)     

78 Central and South America Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million) 

79 Central and South America Intelligent Transportation System Market, By Country, 2021-2029 (USD Million)

80 Brazil Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

81 Brazil Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

82 Chile Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

83 Chile Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

84 Argentina Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)

85 Argentina Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)

86 Rest Of Central and South America Intelligent Transportation System Market, By Type, 2021-2029 (USD Million)          

87 Rest Of Central and South America Intelligent Transportation System Market, By Mode of Transport, 2021-2029 (USD Million)       

88 Siemens AG: Products & Services Offering

89 Thales Group: Products & Services Offering          

90 Garmin International Inc: Products & Services Offering

91 Addco LLC: Products & Services Offering  

92 TomTom NV: Products & Services Offering 

93 IBM: Products & Services Offering 

94 Cubic Corporation : Products & Services Offering             

95 FLIR Systems: Products & Services Offering             

96 Lanner Electronics Inc., Inc: Products & Services Offering         

97 Denso Corporation: Products & Services Offering             

98 Other Companies: Products & Services Offering  

LIST OF FIGURES

1 Global Intelligent Transportation System Market Overview

2 Global Intelligent Transportation System Market Value From 2021-2029 (USD Million)

3 Global Intelligent Transportation System Market Share, By Type (2023)

4 Global Intelligent Transportation System Market Share, By Mode of Transport (2023)

5 Global Intelligent Transportation System Market, By Region (Asia Pacific Market)

6 Technological Trends In Global Intelligent Transportation System Market

7 Four Quadrant Competitor Positioning Matrix

8 Impact Of Macro & Micro Indicators On The Market

9 Impact Of Key Drivers On The Global Intelligent Transportation System Market

10 Impact Of Challenges On The Global Intelligent Transportation System Market

11 Porter’s Five Forces Analysis

12 Global Intelligent Transportation System Market: By Type Scope Key Takeaways

13 Global Intelligent Transportation System Market, By Type Segment: Revenue Growth Analysis

14 Advanced Traffic Management Systems (ATMS) Market, By Region, 2021-2029 (USD Million)

15 Advanced Transportation Pricing System (ATPS) Market, By Region, 2021-2029 (USD Million)          

16 Advanced Public Transportation System (APTS)Market, By Region, 2021-2029 (USD Million)

17 Advanced Traveler Information System (ATIS) Market, By Region, 2021-2029 (USD Million)          

18 Other Types Market, By Region, 2021-2029 (USD Million)     

19 Global Intelligent Transportation System Market: By Mode of Transport Scope Key Takeaways

20 Global Intelligent Transportation System Market, By Mode of Transport Segment: Revenue Growth Analysis

21 Roadways Market, By Region, 2021-2029 (USD Million)        

22 Railways Market, By Region, 2021-2029 (USD Million)

23 Airways Market, By Region, 2021-2029 (USD Million)

24 Maritime Market, By Region, 2021-2029 (USD Million)

25 Regional Segment: Revenue Growth Analysis

26 Global Intelligent Transportation System Market: Regional Analysis

27 North America Intelligent Transportation System Market Overview

28 North America Intelligent Transportation System Market, By Type

29 North America Intelligent Transportation System Market, By Mode of Transport

30 North America Intelligent Transportation System Market, By Country

31 U.S. Intelligent Transportation System Market, By Type

32 U.S. Intelligent Transportation System Market, By Mode of Transport

33 Canada Intelligent Transportation System Market, By Type

34 Canada Intelligent Transportation System Market, By Mode of Transport

35 Mexico Intelligent Transportation System Market, By Type

36 Mexico Intelligent Transportation System Market, By Mode of Transport

37 Four Quadrant Positioning Matrix

38 Company Market Share Analysis

39 Siemens AG: Company Snapshot

40 Siemens AG: SWOT Analysis

41 Siemens AG: Geographic Presence

42 Thales Group: Company Snapshot

43 Thales Group: SWOT Analysis

44 Thales Group: Geographic Presence

45 Garmin International Inc: Company Snapshot

46 Garmin International Inc: SWOT Analysis

47 Garmin International Inc: Geographic Presence

48 Addco LLC: Company Snapshot

49 Addco LLC: Swot Analysis

50 Addco LLC: Geographic Presence

51 TomTom NV: Company Snapshot

52 TomTom NV: SWOT Analysis

53 TomTom NV: Geographic Presence

54 IBM: Company Snapshot

55 IBM: SWOT Analysis

56 IBM: Geographic Presence

57 Cubic Corporation : Company Snapshot

58 Cubic Corporation : SWOT Analysis

59 Cubic Corporation : Geographic Presence

60 FLIR Systems: Company Snapshot

61 FLIR Systems: SWOT Analysis

62 FLIR Systems: Geographic Presence

63 Lanner Electronics Inc., Inc.: Company Snapshot

64 Lanner Electronics Inc., Inc.: SWOT Analysis

65 Lanner Electronics Inc., Inc.: Geographic Presence

66 Denso Corporation: Company Snapshot

67 Denso Corporation: SWOT Analysis

68 Denso Corporation: Geographic Presence

69 Other Companies: Company Snapshot

70 Other Companies: SWOT Analysis

71 Other Companies: Geographic Presence

The Global Intelligent Transportation System Market has been studied from the year 2019 till 2029. However, the CAGR provided in the report is from the year 2024 to 2029. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Intelligent Transportation System Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Intelligent Transportation System Market.

Intelligent Transportation System Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Intelligent Transportation System Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Intelligent Transportation System Market Share

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Frequently Asked Questions

The global intelligent transportation system market is projected to grow at a CAGR of 8.6% from 2024 to 2029.
Siemens AG, Thales Group, IBM Corporation, Garmin International Inc, Addco LLC, TomTom NV, Cubic Corporation, FLIR Systems, Lanner Electronics Inc., and Denso Corporation, among others, are some of the key players operating in the global intelligent transportation system market.
Opportunities in the global intelligent transportation system market include enhanced traffic management, reduced congestion, improved safety, integration of smart technologies, and increased adoption of electric and autonomous vehicles. Growing urbanization and government initiatives for smart city projects further drive the demand for advanced transportation solutions.
The increasing urbanization, the growing need to reduce traffic congestion, advancements in communication technologies, government initiatives for smart cities, and rising demand for real-time traffic data and analytics to enhance road safety and efficiency are the major drivers for global intelligent transportation system market growth.

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