Collecting historical and recent data from various authentic resources, and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).
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This report on Global Intelligent Transportation Systems market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this particular industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the Global market for Intelligent Transportation Systems.
Among all major modes of transportation in ITS, airways is expected to grow with the highest CAGR during the forecast period.
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Air traffic management and control application of the ITS market for airways contributed maximum to the revenue. Air traffic management system offers integrated gate-to-gate solutions ensuring efficient traffic handling operations that helps to make the skies efficient, safer, and greener.
The security & surveillance application is expected to grow at the fastest rate in comparison to other applications of the ITS market for airways.
Companies Profiled in this Report includes, Thales S.A (France), Siemens AG (Germany), Cubic Corporation (U.S) Garmin Ltd. (Switzerland), Kapsch TrafficCom (Austria), Q-Free ASA (Norway), Denso Corporation (Japan), EfKon AG (Austria), and TomTom NV (The Netherlands)
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ITS technologies for roadways are helpful in enhancing mobility, enhance safety, improve environmental conditions, and reduce traffic congestion, thus improving the efficiency of overall road transportation systems. On the basis of applications of ITS market for roadways, traffic management generated maximum revenue and accounted for 38% share in 2015.
The problem of traffic congestion is spreading globally, creating numerous difficulties for travelers such as unpredictable delays in reaching the destinations is responsible for the major share of this application. The parking management application is expected to grow at the fastest rate in comparison to other applications in the ITS market for roadways.
Increasing number of vehicle ownerships has led to scarcity of parking spaces is driving the growth of parking management application.
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Reason to Access the Intelligent Transportation Systems Market Research Report:
The report study begins with a brief market history and then gives a comprehensive market overview. The report talks about the market dynamics – the trends that are shaping the Global Intelligent Transportation Systems market.
A detailed analysis of the key market drivers and restraints are presented. In addition to this, an in-depth analysis of the challenges, threats the market faces are covered in this study.
The study delivers an impact analysis of these key trends according to demography. The key regional sectors of the market are Asia Pacific, Europe, North America, and Rest of the World (RoW).
A detailed evaluation of the key trends that are shaping these regional markets is mentioned in the research study. Region-wise market size, revenue share, volume share, forecasts are covered in the report.
Furthermore, the top revenue-generating companies dominating these regional markets are described in the report.
Report link: www.researchnreports.com/automobil…tems-Market-64576
Table of Contents
Global Intelligent Transportation Systems Market Research Report 2017
Chapter 1 Intelligent Transportation Systems Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Intelligent Transportation Systems Market Forecast (2017-2021)
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