Intelligent Transport System Market
Intelligent Transport System Market Study by Traffic Management, Traveler Information, Transportation Pricing, Public Transportation, and Emergency Medical Systems from 2024 to 2034
Analysis of Intelligent Transport System Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Intelligent Transport System Market Outlook (2024 to 2034)
Revenue from the global intelligent transport system market size is estimated at US$ 30.66 billion in 2024 and is projected to climb to US$ 63.77 billion by the end of 2034. The market has been evaluated to expand at a noteworthy CAGR of 7.6% from 2024 to 2034.
Advanced traffic management systems (ATMS) are the talk of the town as authorities and public safety organizations are able respond to accidents and emergencies more quickly and effectively with these systems at their disposal.
Such solutions are used to improve road infrastructure and networks. The intelligent transport network helps improve the competence of the overall transport process and passenger safety. Availability of advanced transportation systems helps reduce travel time besides road accidents.
Intelligent transport technology is used in traffic control systems, automatic recognition of number plates, weather information, CCTV cameras, and vehicle navigation. Governments worldwide are spending more on transportation management systems, which is benefitting market players to a great extent.
Key Market Growth Drivers
- A key intelligent transport system market trend is the growing need for real-time traffic data to evaluate maps and forecast traffic congestion.
- Increasing integration of electronic and communication technologies in transport systems in several countries to effectively deal with traffic concerns.
- Demand for intelligent transportation systems is increasing at a significant pace as they help provide easy access to transportation services and improve passenger and freight mobility.
- Intelligent transportation systems are contributing to the reduction of greenhouse gas emissions and fuel consumption by decreasing the level of traffic congestion.
- Governments across the world are investing heavily in the development of smart transportation infrastructure to enhance public safety and reduce traffic congestion, substantially contributing to the intelligent transport system market growth.
- Integration of the Internet of Things (IoT), machine learning, and big data analytics is improving the efficiency of intelligent transport solutions.
- With the help of the latest technologies, market players are enabling real-time processing, efficient traffic management, and predictive analytics.
- Several countries such as India, Japan, China, and others are focusing on developing smart cities, which is contributing to the intelligent transport system market size expansion as these are required for safe and sustainable transportation systems.
- In today’s digital and globalization age, which has helped boom the e-Commerce industry, the need for smart transport systems has skyrocketed across the world.
| Report Attribute | Detail |
|---|---|
| Intelligent Transport System Market Size (2024E) | US$ 30.66 Billion |
| Forecasted Market Value (2034F) | US$ 63.77 Billion |
| Global Market Growth Rate (2024 to 2034) | 7.6% CAGR |
| North America Market Share (2024E) | 33% |
| East Asia Market Growth Rate (2024 to 2034) | 8.7% CAGR |
| Hardware Segment Value (2034F) | US$ 31.89 Billion |
| Intelligent Traffic Control Segment Value (2034F) | US$ 16.58 Billion |
| Key Companies Profiled | Thales Group; TransCore; Siemens AG; Garmin Ltd.; Efkon AG; Lanner Electronics Inc.; Kapsch Trafficcom; Ricardo Plc; Tomtom International BV; Iteris Inc.; Q-Free ASA; Atkins Group; Denso Corporation; Parsons Corporation. |
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What is Negatively Influencing Market Growth to Some Extent?
“Compatibility and Integrity Issues with Existing Infrastructure”
The main issue that is negatively affecting the adoption of ITS is integrating these with existing infrastructure due to the necessity for smooth operability among various systems and technologies.
As such, revamping or modifying the current traffic control methods, data platforms, and communication channels will have to be resorted to accommodate the ITS constituents which is always a tough task. Sometimes compatibility issues arise from different standards, protocols, and technologies used by legacy systems and new intelligent transport systems.
Ensuring continuous operation during integration processes can be operationally challenging, requiring careful planning and coordination to avoid disruptions in transportation services. These complexities necessitate significant technical expertise and resources, making the integration of smart transport systems a formidable task for several countries.
Country-wise Insights
The North American region is expected to hold 33% of the worldwide intelligent transport system market share in 2024. Demand for intelligent transport systems is being driven by the significant emphasis that various government organizations in the region are placing on enhancing the regional transportation network.
Rising traffic and the subsequent congestion and several public-private collaboration attempts to implement intelligent vehicle systems are driving market growth in the region.
What Makes the United States a Lucrative Market for Intelligent Transport System Providers?
“Focus on Integrating Latest Technologies for Better Traffic Management”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 4.5 Billion |
| Growth Rate (2024 to 2034) | 7.4% CAGR |
| Projected Value (2034F) | US$ 9.16 Billion |
The United States is among the top leaders in terms of technological innovations. Intelligent transport system companies are focusing on the integration of artificial intelligence, IoT, ML, and big data analytics to facilitate real-time traffic monitoring, analysis of traffic patterns, and immediate data collection.
Use of predictive analytics helps forecast traffic challenges and improve traffic flow, where decision-making processes are enhanced by AI algorithms in traffic management. Therefore, these technologies are integrated into ITS for better management of transportation networks that are more efficient and effective, the result being minimized congestion alongside enhancement of mobility.
What is the Demand Outlook for Intelligent Transport Systems in South Korea?
“Government Initiatives Promoting Development of Smart Cities”
| Attribute | South Korea |
|---|---|
| Market Value (2024E) | US$ 1.6 Billion |
| Growth Rate (2024 to 2034) | 9.1% CAGR |
| Projected Value (2034F) | US$ 3.83 Billion |
The South Korean government is participating actively in the expansion of the market for intelligent transport systems, which involves several initiatives and significant investments.
Advanced ITS technologies are becoming popular courtesy of programs geared toward smart city schemes. Thus, these undertakings are helping boost the security of public places, lessening jams on roads, as well as advancing how mass transit systems work efficiently.
These drive the desire to develop public safety, lessen the congestion of transport, and alter public systems for transportation to be effective. Instead, the public bodies dedicate themselves to a better, secure, sustainable urban transport system that is more efficient through ITS development and implementation, and which, in addition, supports the country’s development.
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Category-wise Insights
Based on system, the market is classified into advanced traffic management systems, advanced traveler information systems, advanced transportation pricing systems, advanced public transportation systems, and emergency medical systems.
Advanced traffic management systems are maintaining the lead in the market. Rising investments by governments in such systems, the use of high-end technology to ensure safe and comfortable commutes, and the penetration of advanced infrastructure by the regional transportation department due to less traffic congestion are the factors driving the demand for advanced traffic management systems.
Why is Demand for the Intelligent Transport System Hardware So High?
“ITS Hardware Facilitating Data Collection and Real-Time Traffic Management”
| Attribute | Hardware |
|---|---|
| Segment Value (2024E) | US$ 16.56 Billion |
| Growth Rate (2024 to 2034) | 8.1% CAGR |
| Projected Value (2034F) | US$ 31.89 Billion |
Demand for intelligent transport hardware is rising due to the indispensable and tangible nature of these components in the implementation of ITS solutions.
Core hardware such as traffic cameras, sensors, traffic signal controllers, and electronic display boards build up the physical infrastructure of ITS. In data collection, real-time traffic management, and vehicular-traffic systems communication these tools perform important roles.
Software and services are vital for data analysis as well as support provision, but installation and maintenance of hardware are overwhelmingly essential for the initial setup and effectiveness of ITS solutions.
Why is Adoption of Intelligent Traffic Control Gaining Traction?
“Role of Intelligent Traffic Control in Ensuring Smooth Traffic Flow”
| Attribute | Intelligent Traffic Control |
|---|---|
| Segment Value (2024E) | US$ 7.66 Billion |
| Growth Rate (2024 to 2034) | 8% CAGR |
| Projected Value (2034F) | US$ 16.58 Billion |
Application of intelligent transport systems is increasing in intelligent traffic control since they offer advanced solutions for controlling and optimizing traffic flow at any given time. ITS technologies such as adaptive traffic signal control, real-time traffic monitoring, and predictive analytics allow for an effective way of traffic congestion management which decreases travel times and ensures safety on roads.
Intelligent traffic control systems use data from several sources such as sensors, cameras, and GPS, to obtain real-time traffic data delivery for drivers, change signals, and respond to emergencies more quickly. This further results in smooth traffic flow, making ITS the preferred choice by various countries' governments for traffic control.
Competitive Landscape
Significant partnerships with governments are expected to open new avenues for key players in the intelligent transport system market. Such collaborations are having a positive response from both, the people and government, towards intelligent transport systems, which is driving market expansion.
- In June 2024, Dubai's Roads and Transport Authority (RTA) began the study and design of Phase II of the ITS Improvement and Expansion Project following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to broaden the scope of intelligent traffic systems and support Dubai's efforts to become the smartest city in the world.
- In January 2024, along with many partners, the United States-based technology company Parsons Corporation introduced the Freight Intelligent Transportation System (FITS) at the Port of Oakland. Parsons' present role as a FITS system integrator will be expanded by the five-year contract to include 24-hour operations and maintenance of FITS devices and applications.
- In April 2022, as part of the InTranSE- II program, the Ministry of Electronics and Information Technology (MeitY) introduced several applications under the Intelligent Transportation System (ITS) to enhance the traffic situation in India.
Fact.MR provides detailed information about the price points of key providers of intelligent transport systems positioned across the world, sales growth, production capacity, and speculative technological expansion, in this updated market report.
Know thy Competitors
Competitive landscape highlights only certain players
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Segmentation of Intelligent Transport System Market Research
-
By Product Offering :
- Hardware
- Software
- Services
-
By System :
- Advanced Traffic Management System (ATMS)
- Advanced Traveler Information System (ATIS)
- Advanced Transportation Pricing System (ATPS)
- Advanced Public Transportation System (APTS)
- Emergency Medical System (EMS)
-
By Application :
- Intelligent Traffic Control
- Collision Avoidance
- Parking Management
- Ticketing Management
- Automotive Telematics
- Fleet Management & Asset Monitoring
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. System
- 6.2. Product Offering
- 6.3. Application
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by System
- 7.1. Advanced Traffic Management System (ATMS)
- 7.2. Advanced Traveler Information System (ATIS)
- 7.3. Advanced Transportation Pricing System (ATPS)
- 7.4. Advanced Public Transportation System (APTS)
- 7.5. Emergency Medical System (EMS)
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Offering
- 8.1. Hardware
- 8.2. Software
- 8.3. Services
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
- 9.1. Intelligent Traffic Control
- 9.2. Collision Avoidance
- 9.3. Parking Management
- 9.4. Ticketing Management
- 9.5. Automotive Telematics
- 9.6. Fleet Management & Asset Monitoring
- 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. East Asia
- 10.6. South Asia & Pacific
- 10.7. Middle East & Africa
- 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 18. Sales Forecast 2024 to 2034 by System, Product Offering, Application, and Region for 30 Countries
- 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 20. Company Profile
- 20.1. Thales Group
- 20.2. TransCore
- 20.3. Siemens AG
- 20.4. Garmin Ltd.
- 20.5. Efkon AG
- 20.6. Lanner Electronics Inc.
- 20.7. Kapsch Trafficcom
- 20.8. Ricardo Plc
- 20.9. Tomtom International BV
- 20.10. Iteris Inc.
- 20.11. Q-Free ASA
- 20.12. Atkins Group
- 20.13. Denso Corporation
- 20.14. Parsons Corporation
- 21. Assumptions and Acronyms Used
- 22. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by System, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by System, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by System, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Product Offering, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Product Offering, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Offering, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by System, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by System, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by System, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Product Offering, 2019 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Product Offering, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product Offering, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by System, 2019 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by System, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by System, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Product Offering, 2019 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Product Offering, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Offering, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 37: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Western Europe Market Value (US$ Mn) Analysis, by System, 2019 to 2023
Table 41: Western Europe Market Value (US$ Mn) Analysis, by System, 2024 to 2034
Table 42: Western Europe Market Value (US$ Mn) Opportunity Analysis, by System, 2024 to 2034
Table 43: Western Europe Market Value (US$ Mn) Analysis, by Product Offering, 2019 to 2023
Table 44: Western Europe Market Value (US$ Mn) Analysis, by Product Offering, 2024 to 2034
Table 45: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Product Offering, 2024 to 2034
Table 46: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 47: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 48: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 49: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 50: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: Eastern Europe Market Value (US$ Mn) Analysis, by System, 2019 to 2023
Table 53: Eastern Europe Market Value (US$ Mn) Analysis, by System, 2024 to 2034
Table 54: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by System, 2024 to 2034
Table 55: Eastern Europe Market Value (US$ Mn) Analysis, by Product Offering, 2019 to 2023
Table 56: Eastern Europe Market Value (US$ Mn) Analysis, by Product Offering, 2024 to 2034
Table 57: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Product Offering, 2024 to 2034
Table 58: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 59: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 60: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 61: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 62: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: East Asia Market Value (US$ Mn) Analysis, by System, 2019 to 2023
Table 65: East Asia Market Value (US$ Mn) Analysis, by System, 2024 to 2034
Table 66: East Asia Market Value (US$ Mn) Opportunity Analysis, by System, 2024 to 2034
Table 67: East Asia Market Value (US$ Mn) Analysis, by Product Offering, 2019 to 2023
Table 68: East Asia Market Value (US$ Mn) Analysis, by Product Offering, 2024 to 2034
Table 69: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Offering, 2024 to 2034
Table 70: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 71: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 72: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 73: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 74: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: South Asia & Pacific Market Value (US$ Mn) Analysis, by System, 2019 to 2023
Table 77: South Asia & Pacific Market Value (US$ Mn) Analysis, by System, 2024 to 2034
Table 78: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by System, 2024 to 2034
Table 79: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Offering, 2019 to 2023
Table 80: South Asia & Pacific Market Value (US$ Mn) Analysis, by Product Offering, 2024 to 2034
Table 81: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Product Offering, 2024 to 2034
Table 82: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 83: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 84: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 85: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 86: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 87: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 88: MEA Market Value (US$ Mn) Analysis, by System, 2019 to 2023
Table 89: MEA Market Value (US$ Mn) Analysis, by System, 2024 to 2034
Table 90: MEA Market Value (US$ Mn) Opportunity Analysis, by System, 2024 to 2034
Table 91: MEA Market Value (US$ Mn) Analysis, by Product Offering, 2019 to 2023
Table 92: MEA Market Value (US$ Mn) Analysis, by Product Offering, 2024 to 2034
Table 93: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Offering, 2024 to 2034
Table 94: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 95: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 96: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by System, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by System, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by System, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Product Offering, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Product Offering, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Product Offering, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by System, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by System, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by System, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Product Offering, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Product Offering, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Product Offering, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by System, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by System, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by System, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Product Offering, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Product Offering, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Product Offering, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 50: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 52: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Western Europe Market Share and BPS Analysis by System, 2024 & 2034
Figure 57: Western Europe Market Y-o-Y Growth Projections by System, 2024 to 2034
Figure 58: Western Europe Market Attractiveness Analysis by System, 2024 to 2034
Figure 59: Western Europe Market Share and BPS Analysis by Product Offering, 2024 & 2034
Figure 60: Western Europe Market Y-o-Y Growth Projections by Product Offering, 2024 to 2034
Figure 61: Western Europe Market Attractiveness Analysis by Product Offering, 2024 to 2034
Figure 62: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 63: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 64: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 66: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 70: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 71: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: Eastern Europe Market Share and BPS Analysis by System, 2024 & 2034
Figure 74: Eastern Europe Market Y-o-Y Growth Projections by System, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness Analysis by System, 2024 to 2034
Figure 76: Eastern Europe Market Share and BPS Analysis by Product Offering, 2024 & 2034
Figure 77: Eastern Europe Market Y-o-Y Growth Projections by Product Offering, 2024 to 2034
Figure 78: Eastern Europe Market Attractiveness Analysis by Product Offering, 2024 to 2034
Figure 79: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 80: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 81: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 82: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 83: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 84: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 85: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 86: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 87: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 88: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 89: East Asia Market Share and BPS Analysis by System, 2024 & 2034
Figure 90: East Asia Market Y-o-Y Growth Projections by System, 2024 to 2034
Figure 91: East Asia Market Attractiveness Analysis by System, 2024 to 2034
Figure 92: East Asia Market Share and BPS Analysis by Product Offering, 2024 & 2034
Figure 93: East Asia Market Y-o-Y Growth Projections by Product Offering, 2024 to 2034
Figure 94: East Asia Market Attractiveness Analysis by Product Offering, 2024 to 2034
Figure 95: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 96: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 97: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 98: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 99: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 100: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 101: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 102: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 103: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 104: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 105: South Asia & Pacific Market Share and BPS Analysis by System, 2024 & 2034
Figure 106: South Asia & Pacific Market Y-o-Y Growth Projections by System, 2024 to 2034
Figure 107: South Asia & Pacific Market Attractiveness Analysis by System, 2024 to 2034
Figure 108: South Asia & Pacific Market Share and BPS Analysis by Product Offering, 2024 & 2034
Figure 109: South Asia & Pacific Market Y-o-Y Growth Projections by Product Offering, 2024 to 2034
Figure 110: South Asia & Pacific Market Attractiveness Analysis by Product Offering, 2024 to 2034
Figure 111: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 112: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 113: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 114: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 115: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 116: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 117: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 118: MEA Market Share Analysis by Country, 2024 & 2034
Figure 119: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 120: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 121: MEA Market Share and BPS Analysis by System, 2024 & 2034
Figure 122: MEA Market Y-o-Y Growth Projections by System, 2024 to 2034
Figure 123: MEA Market Attractiveness Analysis by System, 2024 to 2034
Figure 124: MEA Market Share and BPS Analysis by Product Offering, 2024 & 2034
Figure 125: MEA Market Y-o-Y Growth Projections by Product Offering, 2024 to 2034
Figure 126: MEA Market Attractiveness Analysis by Product Offering, 2024 to 2034
Figure 127: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 128: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 129: MEA Market Attractiveness Analysis by Application, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
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- FAQs -
What is the size of the intelligent transport system market at present?
The global market for intelligent transport systems is forecasted at a value of US$ 30.66 billion in 2024.
What are the future projections for the global market?
The intelligent transport system market is forecasted to reach US$ 63.78 billion by 2034.
At what rate is the market for intelligent transport system projected to grow?
Sales of intelligent transport systems are forecasted to increase at 7.6% CAGR between 2024 and 2034.
What pace is the Japan market projected to grow at?
The market in Japan is expected to expand at a CAGR of 8.9% through 2034.
What is the market size of intelligent transport systems in East Asia?
The market in East Asia is projected to generate revenue worth US$ 7.2 billion in 2024.
Which application accounts for a significant market share?
Intelligent traffic control solutions are projected to account for 26% of revenue share by 2034.
Who are the top intelligent transport system manufacturers?
Top companies manufacturing intelligent transport systems include Thales Group, Transcore, Siemens AG, Garmin Ltd., and Efkon AG.
Intelligent Transport System Market