Global smart transportation market is projected to reach $237,701 million by 2022, growing at a CAGR of +18 % from 2016 to 2022
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Smart Transportation System is an advanced transportation infrastructure that aims to provide innovative services for traffic and transport management systems. This transport also enables various users to be more coordinated, better informed, and make safer and smarter use of transport networks.
Smart transportation is applicable in parking management & guidance, passenger information, and traffic management.
The report studies the different product segments and end-user applications segment of the Smart Transportation System market.
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Compiling important data from relevant sources, the report estimates the growth of individual segments of the market. Also, the market size and the growth rate of each of the market segments have been discussed in the report.
The report pays very special attention to the growth exhibited by the Smart Transportation System market in key geographic segments and talks about all the favorable conditions propelling the market growth. Growth trajectory of the market across the key geographic segments is discussed in the report.
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Key operating players:
Accenture plc, Alstom SA, Cisco System Inc.,GE Transportation, IBM Corp., Indra Sistemas SA, Kapsch TrafficCom AG, Schneider Electric Co., Siemens AG
smart transportation systems can provide better safety and security by integrating intelligent communication systems in the infrastructure, thus, supplementing the market growth. ITS also encourages the development and promotion of substitute green fuels such as natural gas and biodiesel.
However, the need for high capital investment, owing to the complete restoration of the existing transport system, and large database requirement of road network, which may not be possible in developing nations, restrain this market growth.
The research on the global Smart Transportation System market will be useful to investors, regularity authorities, and policy makers, state the analysts. Independent research institutions, commercial entities, and non-profit organization in this sector can also benefit from the report.
Key companies operating in the global Smart Transportation System market are profiled by considering factors such as capacity production, products/services, applications, cost, gross, and revenue.
Finally, the research directs its focus towards the possible strengths, weaknesses, opportunities, and threats that can affect the growth of the global Smart Transportation System market. The feasibility of new projects is also measured in the report by the analysts.
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Table of Contents
Global Smart Transportation System Market Research Report 2017
Chapter 1 Smart Transportation System 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 Market Forecast
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