(MENAFN- WiredHearld) The proposed market report of Acumen Research and Consulting on the global Intelligent Transportation System (ITS) market evaluates the opportunities in the current market, and provides updates and insights corresponding to different segments involved in the global Intelligent Transportation System (ITS) market over the forecast period 2014-2024. The global Intelligent Transportation System (ITS) market report further exhibits the estimated data for 2014, and forecast data up to 2024 in terms of value (US$ Mn) and volume (MT).
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The present study exhibits the trends and market dynamics of the Intelligent Transportation System (ITS) market in seven major regions - North America, Latin America, Europe, Asia Pacific, Japan, Oceania, and Middle East and Africa. The report also includes the study of the current issues with consumers and various future opportunities for the market.
Market Segmentation
Global Intelligent Transportation System Market, By Type
Global Intelligent Transportation System Market, By Application
- Traffic Management
- Freight Management
- Public Transport
- Road Safety and Security
- Automotive Telematics
- Environment Protection
- Road Tolling System
- Parking Management
Global Intelligent Transportation System Market, By Geography
- North America.
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa (MEA)
Report Description
The report explores the global Intelligent Transportation System (ITS) market for the period 20192026. The primary objective of the report is to provide insights into key developments in the market that are consistently supporting the transformation of global businesses associated with Intelligent Transportation System (ITS). It is very important to consider that in an ever-wavering economy, we provide the estimated (Y-o-Y) year-on-year growth rate in addition to the Compound Annual Growth Rate (CAGR) for the overall forecast, to better understand the analysis and evaluation of the global Intelligent Transportation System (ITS) market, and to discover equitable opportunities.
Yet another key feature of this report is that the estimation of the global Intelligent Transportation System (ITS) market and the corresponding revenue forecast is carried out in terms of absolute dollar opportunity. This is usually not prioritized while forecasting overall market numbers. Absolute dollar opportunity analysis is very essential in evaluating the degree of opportunity that a provider can observe to execute, as well as to contrast the potential resources from a sales perspective in the global market.
The report starts with an elaborate executive summary, the market definition of various segmentations that are included, and their respective shares in the global Intelligent Transportation System (ITS) market. The report further incorporates the major macroeconomic factors that have an effect on the growth of the market. The report also highlights the various market dynamics, which include the drivers, restraints, opportunities, and trends in the global market. The report further underlines the study of the present issues with industrial processing and opportunities for the growth of market. It also encompasses value chain analysis that provides a structural view of overall profitability from the manufacturers to the end users of the market. In order to provide users with a clear view of the global Intelligent Transportation System (ITS) market, we have exhibited a competitive analysis of key market players and their strategic expansions. The competitive dashboard presents a detailed comparison of Intelligent Transportation System (ITS) manufacturers on valuable parameters such as key product offerings, total revenue, key developments, and key strategies. The study intensifies the global Intelligent Transportation System (ITS) market attractiveness analysis by sugar type, form type, end use, source, and region.
To evaluate the overall market size of the Intelligent Transportation System (ITS) market, the report considers various fundamental aspects based on secondary research. Furthermore, it emphasizes quantitative evaluation such as market shares by nature, form, end use, distribution channel, region, and other qualitative data from primary respondents, which have been consolidated to arrive at clear and accurate market estimations. The forecast presented in the Intelligent Transportation System (ITS) market report arrives at the total revenue being generated, and the expected revenue contribution in the future by the global market.
Detailed profiles of companies that manufacture Intelligent Transportation System (ITS) are included in the report to analyze their developmental strategies, key product offerings, and recent developments, as they have a significant role in the global market.
Key Players & Strategies
Siemens AG, Hitachi Ltd and Kapsch TrafficCom are key players in the ITS market. This is mainly due to the diverse customer base and a broad range of state-of - the-art technologies used in the smart transportation system industry. Denso Corporation, Efkon Ag, Garmin International and Lanner Electronics are among other prominent sellers, among others.
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