The increasing number of mega cities and the population growth in developed and developing countries has increased the importance of deploying an intelligent transport system (ITS). ITS system constitutes both, road transport and an efficient metro/underground rail system. ITS involves the revamp of overall technological aspects such as GPS, Carrier Access for Land Mobiles (CALM), Dedicated Short Range Communication (DSRC) etc. Globally, the concerned government departments understand the importance of implementing an efficient ITS system, which is an important driving factor for the market growth. Therefore, these departments are formulating specific programs and taking initiatives to implement the system.
The report Intelligent Transport System presents an in-depth synopsis of the competitive landscape of the market globally, thus helping establishments understand the primary threats and prospects that vendors in the market are dealt with. It also encompasses thorough business profiles of some of the prime vendors in the market. The report includes vast data relating to the recent discovery and technological expansions perceived in the market, complete with an examination of the impact of these intrusions on the markets future development.
Companies Profiled in this report includes, Hitachi Ltd, Siemens AG, Nuance Communications Incorporation, WS Atkins PLC, EFKON AG, Iteris Inc., Garmin International Inc., Telenav Inc., TomTom NV, and Thales Group.
On the other hand, factors such as high installation cost, slowness of infrastructural improvements in several emerging economies, and the lack of interoperability and standardization are some of the restrains hindering the growth of the intelligent transportation system market. Nevertheless, vendors of this market stand to gain new opportunities from the rising need for smart vehicles that are integrated with mobility technology and the growing requirement for public-private partnerships (PPPS).
Compressive outline of Intelligent Transport System market depending on key factors and segmentations such as end users, applications, regions and products is elaborated. Estimated revenue and volume growth of Intelligent Transport System market over the mentioned forecast period of 2018 to 2025 is also explained in detail.
The Global Intelligent Transport System Market is a remarkably classified, specialty market with the presence of a predetermined number of merchants. Manufacturers in the market compete in view of estimating, developments, reimbursements, reputation, distribution, and promotion. As the market is still in its development stage, small-scale merchants with ground-breaking solutions have the chances of being acquired by prevalent forerunners in the market
The research report not only offers readers a broad overview of the international industry but also provides a granular assessment of the regional market in several countries and regions. Furthermore, the report consists a part that acknowledges the competitive analysis of the global Intelligent Transport System market. These strategies followed by prominent players to stay ahead in the competition, the hurdles they are facing, competition they are dealing with, and the opportunities that are keeping them motivated are included in this section.
Global Intelligent Transport System Market Research Report 2018
Chapter 1 Global Intelligent Transport 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
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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