1. Market Research
  2. > Transportation
  3. > Passenger Transportation Market Trends
  4. > Intelligent Transport Systems (ITS) Market in North America 2015-2019

Intelligent Transport Systems (ITS) Market in North America 2015-2019

  • July 2015
  • -
  • Infiniti Research Limited
  • -
  • 78 pages

Summary

Table of Contents

Search Inside

About Intelligent Transport Systems (ITS)
An ITS is a sophisticated application, which provides solutions related to various modes of transport and traffic management. It allows commuters to be informed about the traffic situation, and enhances road safety. The traffic management process is also streamlined with the optimization of quality, and the reduction in time required for implementation of decisions as well as in costs incurred. The various types of ITS include ATMS, road user charging, ETC, public transport ITS, freight and commercial ITS, security and crime reduction ITS, road safety systems, ITS communications, and automotive and infotainment telematics. These solutions are mostly used by governments, municipal authorities, and the construction sector, to handle congestion, prevent accidents, detect the location of vehicles, and also to check vehicle emission levels.

Technavio analysts forecast the ITS Market in North America to grow at a CAGR of 6.49%, in terms of revenue, during 2014-2019.


Covered in this Report
The report covers the present scenario and the growth prospects of the ITS Market in North America for the period 2015-2019. The market covered in the report includes roadway transportation only. To calculate the market size, we consider revenue generated from the sales of ITS products. We also present the vendor landscape and a corresponding detailed analysis of the top five vendors in the ITS Market in North America.

The Technavio report, namely ITS Market in North America 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. We discuss the major drivers influencing market growth and also the challenges facing the vendors and the market as a whole. We evaluate the key trends emerging in the market as well.

The ITS Market in North America is segmented on the basis of its product type:
- Automotive and Infotainment Telematics
- Freight and Commercial ITS
- ITS Communications
- Network Management
- Public Transport ITS
- Road Safety
- Security and Crime Reduction ITS

Key Vendors
- Denso
- KAPSCH
- Q-Free
- Thales
- TransCore

Other Prominent Vendors
- 3M
- Addco
- Agero
- Grenobloise d'Electronique et d'Automatismes
- Hitachi
- International Road Dynamics
- Lanner
- Metro Infrasys
- Mitsubishi Heavy Industries
- Omron
- Perceptics
- SAIC
- Savari
- Sensys
- TRMI Systems Integration
- Watchdata
- Xerox

Market Driver
- Need to Reduce Traffic Congestion
- For a full and detailed list, view our report

Market Challenge
- High Cost of Operation and Maintenance
- For a full and detailed list, view our report

Market Trend
- Increase in Sophistication and Accuracy of ITS
- For a full and detailed list, view our report


Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Smart Parking Market by System, Technology, Component, Parking Management by Solution, and Vertical - Global Forecast to 2021

Smart Parking Market by System, Technology, Component, Parking Management by Solution, and Vertical - Global Forecast to 2021

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“Increasing vehicle sales and limited parking availability are expected to fuel the demand for smart parking in passenger cars” The passenger car smart parking market is projected to grow at a CAGR ...

Global Intelligent Transportation Systems Market, Analysis and Forecast: 2017 – 2022; (Focus on Advanced Traffic Management, Electronic Tolling, Smart Parking, Revenue Collection, Railway Crossing Management, Freight Management, & Tunnel Management)

Global Intelligent Transportation Systems Market, Analysis and Forecast: 2017 – 2022; (Focus on Advanced Traffic Management, Electronic Tolling, Smart Parking, Revenue Collection, Railway Crossing Management, Freight Management, & Tunnel Management)

  • $ 4199
  • Industry report
  • March 2017
  • by BIS Research

The global ITS market is estimated to reach $72.32 billion by 2022. Description The overall demand for intelligent transportation systems (ITS) is increasing significantly owing to factors such as growing ...

Global Parking Management Market 2017-2021

Global Parking Management Market 2017-2021

  • $ 3500
  • Industry report
  • January 2017
  • by Infiniti Research Limited

About Parking Management Parking management systems help people find parking spots quickly and provide necessary guidelines to make the whole process smooth, reducing frustration and enhancing the visito ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.