Air Sea Logistics & Automotive Transportation News

New report shares details about the Global intelligent transportation system market segments

Automotive and Transportation Market Research

The Global Intelligent Transportation System (ITS) Market size, in terms of value, is expected to grow from USD 32,540 Million in 2015 to USD 57,195 Million by 2022, at a CAGR of 8.7% during 2016-2022.


An intelligent transportation method is a modern usage which, without embodying intelligence as such, aims to feature new products and services designed for alternative modes of transport and additionally traffic control and then permits many different investors to be more effective informed to make less dangerous, way more systematic, and even more intelligent application of conveyance network. 

Global Intelligent Transportation System Market Size 

The Global Intelligent Transportation System Market size, on the subject of recognition, is predicted to grow from USD 32,540 Million in 2015 to USD 57,195 Million by 2022, at a CAGR of 8.7% during 2016-2022. Railways, the backbone of the transportation systems in several regions, is evolving all the time as well as rising increasingly more complex.

The adoption of railway intelligent transportation system will be a method on the way to making inexpensive outside over alternate styles of transport.