Intelligent Transportation Systems Market May See a Big Move : Major Giants Thales Group, Siemens, Garmin, Cubic

Latest released the research study on Global Intelligent Transportation Systems Market, offers a detailed overview of the factors influencing the global business scope. Intelligent Transportation Systems Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Intelligent Transportation Systems Market. The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Thales Group (France), Siemens (Germany), Kapsch TrafficCom (Austria), Garmin (United States), TomTom International BV (Netherlands), Cubic Corporation (United States), Q-Free ASA (Norway), EFKON GmbH (Austria), FLIR Systems, Inc.(United States) and Indra Sistemas (Spain)

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Brief Overview on Intelligent Transportation Systems
The development of smart cities globally will help to boost the global Intelligent Transportation Systems market in the forecasted period. Intelligent transportation systems have garnered immense popularity over the past couple of decades, due to considerable advancements in information technology, the onset of cost-effective smart devices, and giant strides taken by sensing technologies. The necessity for presenting real-time traffic information of different regions to passengers and drivers is one of the significant factors driving the demand for intelligent transportation systems across the world. Furthermore, in 2020, the Intelligent Transportation Systems market will be hindered owing to the COVID-19 crisis, which has impacted demand, interrupted production, and disrupted the supply chain. So, numerous key players are going through flat or lower unit sales. Though, with economic stimulus packages declared by many nations such as Japan, the U.S., China, France, Italy, India, U.K., and Germany, is expected to generate great opportunities for transportation infrastructure development

Intelligent Transportation Systems Market Data Breakdown and Market Segmentation:
Study by Application (Fleet Management and Asset Monitoring, Intelligent Traffic Control, Collision Avoidance, Parking Management, Passenger Information Management, Ticketing Management, Emergency Vehicle Notification, Automotive Telematics), Vehicle Type (Emergency vehicle, Commercial vehicle, Transit vehicle, Maintenance and Construction vehicle), System (Advanced Traffic Management System, Advanced Traveler Information System, ITS-Enabled Transportation Pricing System, Advanced Public Transportation System, Commercial Vehicle Operation), Offerings (Hardware, Software, Services)

Market Trend

  • Rising favorable government initiatives for effective traffic management
  • High adoption of ecofriendly automobile technology


Market Drivers

  • Growing concerns toward public safety
  • Increasing traffic congestion



  • Designing and developing smart vehicles compatible with ITS
  • The growing number of economically and technologically advanced countries

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Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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– Latest industry influencing trends and development scenario
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– Assisting in allocating marketing investments

Strategic Points Covered in Table of Content of Global Intelligent Transportation Systems Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Intelligent Transportation Systems market
Chapter 2: Exclusive Summary – the basic information of the Global Intelligent Transportation Systems Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Global Intelligent Transportation Systems
Chapter 4: Presenting the Global Intelligent Transportation Systems Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2020
Chapter 6: Evaluating the leading manufacturers of the Global Intelligent Transportation Systems market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Global Intelligent Transportation Systems Market is a valuable source of guidance for individuals and companies.

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Data Sources & Methodology
The primary sources involve the industry experts from the Global Intelligent Transportation Systems Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weightage.

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.
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