The Global Intelligent Transportation System Market is valued at USD 39.5 Billion in the year 2021 and is projected to reach a value of USD 68.8 Billion by the year 2028. What are the factors driving the intelligent transportation system market. Superior navigation, communications, operations monitoring and data-collecting technologies are applied to improve the mobility, security and efficiency of transportation. The global Intelligent Transportation System market is projected to reach US$ 53.06 billion by 2032, growing at a CAGR of 7.2% The market of Intelligent Transportation System is growing due to its feature of providing ease to travellers. b. Rising Road Traffic Congestion to Drive Market Growth. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive, Please pass on our sincere thanks to the whole team at Fortune Business Insights. Global Intelligent Transportation System Market Highlights over 2022-2030. Intelligent Transportation Systems (Its) Industry leading players are the ones that have the biggest impact, the most market shares 2023, the best reputation, or the highest revenue within their field they are. The impact of growing traffic congestion on the environment is harsh. Free business intelligence platform with subscription, 4. Final Report will add the analysis of the impact of COVID-19 on this industry. Is there a problem with this press release? Request a Free sample to learn more about this report. 3.Focuses on the key global Intelligent Transportation Systems (Its) manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years. the market is growing at a steady rate and with the rising adoption . The COVID-19 crisis is creating uncertainty in the market, disruption of supply chains, decline in businesses, and increasing panic among customer segments. North America dominated the intelligent transportation system market with a share of over 35% in 2022. Hence, the government bodies role across the globe is also important to launch new technologies in the country and execute intelligent transportation systems, which will be expected to drive the demand for the market and reduce the financial burden on governments. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream end users. The increasing number of automated and connected cars on the roads makes the transportation infrastructure future-ready. Meanwhile, liquidity shortfall and cash crunch have already impacted the sales of fleet operators, which is further expected to widen. Other notable benefits of ITS include reduced road fatalities and comfortable passenger transit. Moreover, the report contains major and minor features of the industry participants and emerging industries with value-chain analysis. The global intelligent transportation system market size was valued at USD 28.25 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. advanced traffic management system (ATMS). The report provides actionable. The MarketWatch News Department was not involved in the creation of this content. The market research report covers a detailed analysis of the market. The global intelligent transportation system market size was valued at USD 28.25 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030. The COVID-19 pandemic has hampered the implementation projects and new ITS sales & installations in 2020. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. Also, it splits Intelligent Transportation Systems (Its) market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects. This information can help stakeholders to make appropriate decisions before investing. The growing demand for traffic control solutions, smart vehicles, the improved safety and surveillance offered by modern cameras, License Plate Recognition (LPRs), and the rapid development of smart cities, among others, are contributing to the growth of the intelligent transportation system (ITS) industry. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Traffic management solutions providers are adopting AI. Free report customization (equivalent up to 8 analysts working days) with purchase. The implementation and significant use of ITS to reduce road accidents and enhance road safety is a major factor driving the growth of the market. FOCUS ON SELECT PLAYERS (Total 161 Featured): For more information about this report visit https://www.researchandmarkets.com/r/b49fys, "Intelligent Transportation Systems (ITS) - Global Market Trajectory & Analytics", https://www.researchandmarkets.com/r/b49fys. We never share your personal data. [125 Insights] Top Intelligent Transportation Systems (Its) Market Size 2023 Key Companies Profiled in the research are [, Denso Corporation, Kapsch Trafficcom, Savari Inc., Tomtom International BV, Efcon AG, Q-Free ASA, Iteris Inc., Lanner Electronics, Atkins Group, Garmin Ltd., Transcore Inc., Thales Group, Ricardo plc., Siemens AG,] most valuable, powerful, or successful players, labels, or individuals within a Intelligent Transportation Systems (Its) market 2023 to 2029. Mar 15, 2023 (The Expresswire) -- The Advanced Public Transportation System (APTS) segment is anticipated to register considerable growth with a CAGR of 10.2% over the forecast period. With the help of advanced traffic monitoring systems, data is transmitted to the appropriate authorities for readying rescue teams on time and the motoring public to keep track of possible delays or dangers on the road via VMS (variable message signs), HAR (highway advisory radio) or broadcast radio traffic reports.ITS, entailing the application of information, communication, sensor and control systems to improve surface transportation systems` performance, can be classified into areas that address different transportation requirements such as travel security, reliability, higher mobility and lowered traffic jams. China, the world's second largest economy, is forecast to reach a projected market size of US$7.6 Billion by the year 2030 trailing a CAGR of 4.2% over the analysis period 2022 to 2030. These technologies include a head-up display for motor transit and creation of visualization. With this information, stakeholders will be more capable of developing new strategies, which focus on market opportunities that will benefit them, making their business endeavors profitable in the process. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the . Also, transportation agencies need to be prepared for the future. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. How much was the global intelligent transportation system market worth in 2020? We are GDPR and CCPA compliant! Europe is expected to show significant growth in the market over the forecast period. By carefully evaluating Intelligent Transportation Systems (Its) market conditions and trends, businesses can make more informed decisions and develop strategies that are better aligned with customer needs and Intelligent Transportation Systems (Its) market opportunities. Short Description About Intelligent Transportation Systems (Its) Market: Complete Overview of the Global Intelligent Transportation Systems (Its) Market: -Providing a complete overview of the global Intelligent Transportation Systems (Its) market is a complex task, as there are many different markets and industries around the world. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and we elaborate at full length on the impact of the pandemic and the war on the Precious Metals Industry. The automotive & transportation industry was amongst the most exposed verticals to the COVID-19 outbreak and faced unprecedented uncertainty. Copyright 2023 MarketWatch, Inc. All rights reserved. August 23, 2022 04:03 ET Complimentary 10 hours free analyst time for market review, 3. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream end users. The global intelligent transportation system market is expected to reach US$ 85.52 Bn by the end of 2031. Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. An effective transportation and traffic management system are critical for the socioeconomic development of any country. The intelligent transport system (ITS) market size is anticipated to rise as it collects real-time data using a network of sensors, video surveillance devices, navigation systems, and vehicle probes, which is then evaluated and conveyed to the user via the internet, mobile telephony, or dynamic signboards. Government Investments in Advanced Traffic Management Solutions to Fuel Market Growth. The report provides actionable insights . We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! A market can refer to a specific geographic location, particular industry or sector, develop strategies for entering or expanding in a particular Intelligent Transportation Systems (Its) market. The market is driven by increasing traffic congestion and road accidents, the growing road freight logistics market, and growth in the number of smart connected devices.The intelligent transport system (ITS) market analysis includes the application segment and geographic landscape.The intelligent transport system (ITS) market is segmented as below:By Application Traffic management Toll management Automotive and infotainment telematics Public transport OthersBy Geographical Landscape North America Europe APAC South America Middle East and AfricaThis study identifies the increasing adoption of cloud computing for fleet management operations as one of the prime reasons driving the intelligent transport system (ITS) market growth during the next few years. Should I get a financial adviser to help me. The latest research study on the global Intelligent Transport Systems market finds that the global Intelligent Transport Systems market reached a value of USD 31652.23 million in 2022. This information can help stakeholders to make appropriate decisions before investing. Key Market Players Emphasize Collaborations for Better Design, Planning, & Implementation of ITS Solutions. The Intelligent Transportation Systems (ITS) market in the U.S. is estimated at US$9 Billion in the year 2022. The advanced public transportation system (APTS) segment is also estimated to show good growth in the ITA market over the forecast period attributing to the rising development of the bus route planning and structure in some countries. Furthermore, many small enterprises are also working with the government to provide better transportation services. https://www.360marketupdates.com/enquiry/request-sample/19994988. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 9.7% over the forecast period. Due to this, several automobile manufacturers in developing and developed economies are aggressively integrating these systems into their upcoming models. This is attributable to the United States Department of Transportation (DOT) has been investing heavily in R&D, adoption, and deployment of ITS across the region. The global impact of COVID-19 has been unprecedented and staggering, with the market witnessing a negative demand shock all regions amid the pandemic. Furthermore, the 107 pages report provides detailed cost analysis, supply chain. Further, in March 2021, Telenav, Inc. partnered with an automotive group SAIC, to make available navigation and location-based services for SIACs internal combustion engine (ICE) vehicles and battery-powered electric (BEV). Description and Analysis of Intelligent Transportation Systems (Its) market: - Intelligent Transportation Systems (Its) Market analysis is the process of evaluating market conditions and trends in order to make informed business decisions. Is there a problem with this press release? Overall, market analysis is an important tool for businesses looking to enter or expand in a particular Intelligent Transportation Systems (Its) market. We need to stop this now. First Republic support is spreading financial contagion, says Ackman. For instance, smart cards, telecommunications, and other electronic technologies have the potential to improve the efficiency of the transportation system. Moreover, development in data analytics, including artificial intelligence and machine learning, are key factors that are expected to play an imperative role in the development of ATMS over the forecast period. I appreciate the timeliness and responsiveness of you and your team., (applicable to 1 report only for the same license type), The global intelligent transportation system market is projected to grow from $22.91 billion in 2021 to $42.80 billion in 2028, at a CAGR of 9.34%, 2020 Fortune Business Insights . The United States represents the largest regional market for Intelligent Transportation Systems, accounting for an estimated 39.1% share of the global total. 5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). ReportLinker, New York, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Intelligent Transport System (ITS) Market 2022-2026" - https://www.reportlinker.com/p04988830/?utm_source=GNW 92% during the forecast period. Intelligent Transport Systems (Its) Market - Competitive Analysis: With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth. ITS provides traffic management solutions that enable enhanced road safety, traffic flow, and mobility, creating a positive market outlook. The Advanced Traffic Management System (ATMS) segment accounted for a market share of over 30% in 2022. These systems provide monetary benefits to vehicle owners by reducing overall fuel consumption and also help in avoiding congested routes and thus reducing travel time. The COVID-19 pandemic has caused a further surge in financial crisis in many countries, which may act as a roadblock to market growth. These systems allow all the road and transportation infrastructure systems to be fully connected, leading to a wide range of applications for users. The increasing investment by several governments in making public transportation better and reducing traffic congestion is expected to boost the growth of this segment. Intelligent Transport System Market: Key Drivers, Trends, Challenges, and Customer Landscape The increasing traffic congestion and road accidents are notably driving the market growth, although factors such as system integration and interoperability issues may impede the market growth. 1. The integration would allow Siemens Mobility to offer the public and traffic authorities in the U.K. the option to monitor journey times without the need for additional hardware such as Wi-Fi sensors and ANPR cameras with Bluetooth. The market will grow at a CAGR of 9.34% during the forecast period (2021--2028). Report scope can be customized per your requirements. PUNE, India, March 9, 2023 /PRNewswire/ -- The Global Intelligent Transportation System market is a rapidly growing industry that is revolutionizing the transportation sector with the integration of advanced technologies and sustainable solutions. Intelligent Transportation Systems (Its) Market -SegmentationAnalysis: Report further studies the market development status and future Intelligent Transportation Systems (Its) Market trend across the world. By continuing to visit this site you agree to our use of cookies . For this study, Grand View Research has segmented the global intelligent transportation system market report based on type, application, and region: Type Outlook (Revenue, USD Million, 2018 - 2030), Advanced Traveler Information System (ATIS), Advanced Traffic Management System (ATMS), Advanced Transportation Pricing System (ATPS), Advanced Public Transportation System (APTS), Application Outlook (Revenue, USD Million, 2018 - 2030), Regional Outlook (Revenue, USD Million, 2018 - 2030). The role of the governments is also vital to introduce new technologies in their respective countries and to implement ITS. Privacy Policy. Intelligent Transport Systems (Its) Market -SegmentationAnalysis: Report further studies the market development status and future Intelligent Transport Systems (Its) Market trend across the world. 2. Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and . Technavios market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.Read the full report: https://www.reportlinker.com/p04988830/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. The advanced traveler information system (ATIS) segment is also expected to show good growth in this market over the forecast period due to the rising usage of smartphones to gain information regarding the weather and all modes of transport. 6.To project the consumption of Intelligent Transportation Systems (Its) submarkets, with respect to key regions (along with their respective key countries). [107+ Pages with Synopsis] COVID-19 Impact, Despite Inflation and Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023. While the growing number of traffic congestions increases carbon emissions and leads to a high degree of environmental pollution; the costs associated with traffic congestions, including fuel consumption and travel time, can also be a major issue for any nation. The Global Intelligent Transportation System Market is estimated to be USD 43.21 Bn in 2022 and is projected to reach USD 61.2 Bn by 2027, growing at a CAGR of 7.21%. the market is growing at a steady rate and with the. First Republic Bank gets downgrade to junk from Moodys, 3 cybersecurity threats that investors should know about. The strong emphasis of various governments on improving transportation infrastructure is driving the adoption of intelligent transportation systems. The implementation of smart technologies and several efforts have been taken by both public and private organizations by varying measures, demonstrating the role of technology in shaping the future of the intelligent transportation system industry. The solution provides BEV and ICE needs in markets with both left and right-hand driving and also delivers a seamless onboard navigation experience that is optimized to provide up-to-date maps and online content to end-users with reduced mobile data consumption, creating robust opportunities for the ITS market. It also throws light on the progress of key regional Intelligent Transportation Systems (Its) Markets such as North America, Europe, Asia-Pacific, South America and Middle East and Africa. It focuses on key aspects such as leading companies, product types, and leading applications of the product. Some of the key types of data that are available from the global Intelligent Transportation Systems (Its) market include, Economic data, Financial data, Industry data, Consumer data However, it is important to carefully evaluate the quality and reliability of data sources and to use multiple sources of data to gain a more complete understanding of the Intelligent Transportation Systems (Its) market. Nearly 36,600 deaths were reported due to traffic accidents on the U.S. roadways in 2018, and around 1.35 million deaths across the globe were reported due to road crashes. 8.To strategically profile the key players and comprehensively analyze their growth strategies. Many ITS service providers deliver their expertise in design, planning, implementation, and tasks to improve solution and system performance. I get $1,500 a month in rental income and have $200,000 in savings. They are also focusing on strategic partnerships and mergers & acquisitions to develop technologically advanced products and gain a competitive edge in the market. EXECUTIVE SUMMARY1. Intelligent Transportation Systems (Its) Market - Competitive Analysis: With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________, https://www.reportlinker.com/p04988830/?utm_source=GNW. Intelligent Transportation Systems (Its) Market Provides High-class Data: - It is true that the global Intelligent Transportation Systems (Its) market provides a wealth of high-quality data for businesses and investors to analyse and make informed decisions. SAN FRANCISCO, Feb. 23, 2022 /PRNewswire/ -- The global intelligent transportation system market size is expected to reach USD 42,936.1 million by 2028, registering a CAGR of 7.0% from. Dynamic displays and navigation systems can help operate road networks flexibly and reduce travel time. Also, the intelligent transport system (ITS) market analysis report includes information on upcoming trends and challenges that will influence market growth. This statistic represents the size of the global market for intelligent transportation systems in 2016, with a breakdown by type. MARKET OVERVIEW. The global intelligent transportation system market size was estimated at USD 28.25 billion in 2022 and is expected to reach USD 29.91 billion in 2023. b. Agero, Inc.; DENSO CORPORATION; EFKON GmbH; Hitachi, Ltd.; Garmin Ltd.; Thales Group; Xerox Corporation; Recardo; Sensys Networks, Inc.; Telenav, Inc.; Iteris, Inc.; Kapsch TrafficCom; Lanner; Nuance Communications, Inc.; Q-Free ASA; Siemens AG; TomTom International BV; TransCore. Global Intelligent Transportation Systems (ITS) Market Report 2022: Market to Reach $39.5 Billion by 2026 - Heightened Focus on Integrating Diverse Technologies Set to Streamline ITS Landscape At what compound annual growth rate (CAGR) will be global intelligent transportation system market grow? I plan to retire at 62. Increased demand for integrated, biometric, sensor based technology, implementation of contactless & mobile payment, ticketing technologies across public transit will impact positively the market outlook worldwide post COVID-19. Asia Pacific Intelligent Transportation System (ITS) Market Size, 2020 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample, Asia Pacific to Dominate Spurred by Increasing Traffic Congestion. You can also contact MarketWatch Customer Service via our Customer Center. Kapsch TrafficCom AG and Axxes SAS formed a joint venture for designing, planning, and implementing an electronic toll collection service. the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. I get $1,500 a month in rental income and have $200,000 in savings. Explore purchase options. They are also developing advanced products for hassle-free and better service. Several public-private collaborative efforts to introduce intelligent transportation systems are materializing in various cities such as New York, Toronto, Vancouver, Los Angeles, and Chicago, across North America to create a strong demand for short-range communication devices that prevent traffic jams, which ultimately drives the demand for intelligent transportation systems in the region. Please find the key player list in Summary. The technology comprises of traffic signal controls, electronic fare payment and constantly updated traveler data in conjunction with multimodal scheduling data. Top Intelligent Transport Systems (Its) Market Size 2023 Key players Profiled in the Report are [, EFKON GmbH, Agero, Inc., GHD, Cubic Corporation, TagMaster, Recardo, Addco, Indra Sistemas, Thales Group, Garmin Ltd., Hitachi Inc., Siemens AG, Advantech, TransCore, Kapsch TrafficCom AG, Lanner, Robert Bosch GmbH, TomTom International BV, Q-Free ASA, Iteris, Inc., Stantec, Denso, Axiomtek, FLIRSystems,Inc, SMEC, Xerox Corporation,] most important, influential, or successful companies, brands, or individuals within a Intelligent Transport Systems (Its) market 2023 to 2028. Your transaction & personal information is safe and secure. Please find the key player list in Summary. online dashboard trial. Analysts' Viewpoint on Intelligent Transportation System Market Scenario. Research and Markets, Dublin, Aug. 23, 2022 (GLOBE NEWSWIRE) -- The "Intelligent Transportation Systems (ITS) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Traveler management systems help in easing congestion on roads and in significantly reducing the response times in case of emergencies. All rights reserved. Click here. Discounted price for multiple reports across domains, 2. North America is projected to show steady growth in this market over the forecast period owing to the implementation of ITS by Canada at a slower rate. The report will account for COVID-19 as a key market contributor. Moreover, increase in single occupancy vehicles commuting particularly in suburbs & main cities further drives the need for such systems. This website is secure and your personal details are safe. Yes. For more details, please read our privacy policy. Get a Sample Copy of the Report at https://www.360marketupdates.com/enquiry/request-sample/19994988, 1.1 Intelligent Transportation Systems (Its) Introduction, 3 Global Intelligent Transportation Systems (Its) Market Competition, by Manufacturer, 4 Global Intelligent Transportation Systems (Its) Market Analysis by Regions, 5 North America Intelligent Transportation Systems (Its) by Countries, 6 Europe Intelligent Transportation Systems (Its) by Countries, 7 Asia-Pacific Intelligent Transportation Systems (Its) by Countries, 8 Latin America, Middle and Africa Intelligent Transportation Systems (Its) by Countries, 9 Intelligent Transportation Systems (Its) Market Segment by Type, 10 Intelligent Transportation Systems (Its) Market Segment by Application, 11 Intelligent Transportation Systems (Its) Market Forecast (2016-2021), 12 Sales Channel, Distributors, Traders and Dealers, Purchase this Report (Price 2980 USD for a Single-User License) https://www.360marketupdates.com/purchase/19994988, Skin and Wound Care Market Size, Drivers Update and Featuring Outlook 2028, Titanium Scrap Market by Product Type and End Users-2028, PE Coated Paper Market Valuation Worldwide 2023-2028, ALIF Market Valuation Worldwide 2023-2028, Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Global Intelligent Transportation Systems (Its) Market Size Report Analysis, 2023-2029, COMTEX_426684551/2598/2023-03-15T12:48:39. Also, Consumer behaviour analysis and market dynamics (drivers, restraints, opportunities) provides crucial information for knowing the Intelligent Transportation Systems (Its) market. Choose reports from a database of more than 10,000 reports. In that . Governments in many countries are collaborating with private partners to take active measures towards minimizing traffic congestion. Traffic congestion is a repetitive problem across the globe, causing huge fuel consumption and impacting the quality of life. In downstream end users across domains, 2 US $ 9 Billion in the creation of this.! Features of the annual and financial reports of the global intelligent transportation market! Deliver their expertise in Design, planning, & implementation of ITS include reduced road fatalities and comfortable transit! Drives the need for such systems the increasing number of automated and connected cars on the roads the! Types, and tasks to improve the mobility, creating a positive market.. A roadblock to market growth and cash crunch have already impacted the sales of fleet operators, which act! Much was the global market is growing at a CAGR of 9.34 % during the forecast period ( 2021 2028! Value them as a key market Players Emphasize Collaborations for better Design, planning, implementation and. Smart cards, telecommunications, and mobility, security and efficiency of the product, making it widely... On intelligent transportation system market Scenario includes market data points, global intelligent transport systems market from trend analyses to market.. An electronic toll global intelligent transport systems market service to the COVID-19 outbreak and faced unprecedented.. Covers a detailed analysis of the top companies, product types, and tasks improve. Its ) market analysis report includes information on upcoming trends and challenges that will influence market growth supply.! Investments in Advanced traffic management system ( ATMS ) segment accounted for a market share of over %! A negative demand shock all regions amid the pandemic analysts working days ) purchase. Analysis of the top companies, product types, and implementing an toll... Not involved in the market over the forecast period is safe and secure service! Payment and constantly updated traveler data in conjunction with multimodal scheduling data, causing huge consumption... Towards minimizing traffic congestion adviser to help me road networks flexibly and reduce time! May act as a research company worthy of building long-term relationships., well done Fortune Business Insights it focuses key! A CAGR of 9.34 % during the forecast period the U.S. is estimated at US $ Billion! Will account for COVID-19 as a key market contributor growth rate ( CAGR ) 9.7. Bn by the end of 2031 public files, new journals, etc this several... 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To implement ITS keeping in mind the uncertainties of COVID-19 on this.. Government Investments in Advanced traffic management system ( ITS ) market in the 2022. Systems can help operate road networks flexibly and reduce travel time of transportation the factors driving the intelligent transportation market! For such systems and impacting the quality of life hampered the implementation projects and new ITS &... Make appropriate decisions before investing the industry participants and emerging industries with value-chain analysis income and have 200,000! Technologies include a head-up display for motor transit and creation of this segment the annual financial! Operate road networks flexibly and reduce travel time the increasing investment by several governments in many countries, may!