The global Intelligent Transportation System (ITS) Market is expected to reach USD 48.17 Billion by 2027, according to a new report by Emergen Research. The increasing number of on-road vehicles and inefficient existing transport infrastructure will encourage the need for an intelligent transportation system. Actions by the government towards establishing a more reliable infrastructure and running the transport system easily are anticipated to grow the market globally.

The latest study offers a granular analysis of the market’s major developmental parameters, along with its potential business avenues and market dynamics. The document is specially curated to offer a deep understanding of the competitive terrain of the global market. It further highlights the leading market rivals, their market positions, product portfolios, gross revenue shares, profit margins, pricing analysis, sales network & distribution channels, and financial standing.

Available Sample Report in PDF Version@ https://www.emergenresearch.com/request-sample/106

Competitive Terrain:

The global Intelligent Transportation System industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Thales Group, Garmin, Siemens, Tomtom International BV, Flir Systems, Inc., Q-Free, Cisco Systems, Efkon GMBH, Indra Sistemas, S.A., and Denso Corporation.

Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: https://www.emergenresearch.com/industry-report/intelligent-transportation-system-market

Additional information offered by the report:

• Along with a complete overview of the global Intelligent Transportation System market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Intelligent Transportation System market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

Segments Covered in this report are:

• Mode of Transport Outlook (Revenue, USD Billion; 2017-2027)

  • Roadways
  • Airways
  • Railways

• Systems Outlook (Revenue, USD Billion; 2017-2027)

  • Advanced Traveler Information System
  • Advanced Public Transportation System
  • Advanced Traffic Management System
  • ITS-Enabled Transportation Pricing System
  • Commercial Vehicle Operation

• Application Outlook (Revenue, USD Billion; 2017-2027)

  • Intelligent Traffic Control
  • Parking Management
  • Fleet Management and Asset Monitoring
  • Collision Avoidance
  • Passenger Information Management
  • Emergency Vehicle Notification
  • Ticketing Management
  • Automotive Telematics

Radical Highlights of the Intelligent Transportation System Market Report:

• Comprehensive overview of the Intelligent Transportation System market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and R&D advancements on the Intelligent Transportation System market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis