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Intelligent Transportation System Market Size, Share & Trends Analysis Report By Type, By Application (Traffic Management, Road Safety and Security, Freight Management, Public Transport), By Region, And Segment Forecasts, 2022 - 2030

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    Report

  • 170 Pages
  • December 2022
  • Region: Global
  • Grand View Research
  • ID: 3972828
Description Jump to:
The global intelligent transportation system market size is expected to reach USD 51.29 billion by 2030 expanding at a significant CAGR of 7.7% from 2022 to 2030. The continuous advancements in technologies of transportation networks have triggered the need for an efficient transportation system. The latest technologies, such as blind-spot detection and electronic toll collection lead to continuously redefining the expectations and prospects for sustainable management of transportation networks and traffic. At this juncture, the growing need to present real-time traffic information, including artificial intelligence and virtual reality, to drivers and passengers is emerging as one of the key factors driving the demand for intelligent transportation system solutions.

The growing adoption of telecommunications technologies and the evolution of IT systems are expected to help reduce traffic congestion, delays, and air pollution. Furthermore, the implementation of modern traffic control strategies that focus on utilizing real-time data and simultaneously address the impact criteria, such as emission control; the integration of intelligent transportation systems with smart grid and other energy distribution and charging systems can potentially help distribution agencies in utilizing the real-time data to draft capacity expansion strategies for the future. According to the reports of the Intelligent Transportation System Development Strategy prepared by the Department of Transport of the Republic of Korea, intelligent transportation systems can help in reducing traffic congestion, fuel consumption, and greenhouse emissions, and prevent automobile idling.

The growing volumes of data in transportation management are driving the need for more sophisticated data processing solutions. As such, intelligent transportation systems are implementing AI and its applications to track data in real-time and optimize efficiency. For instance, in November 2021, TomTom International BV introduced TomTom IndiGo, an open digital cockpit software platform. The platform unifies all passenger and driver displays through a common user interface that gives access to climate control, an audio system, extensive vehicle settings, and the latest apps & services.

Intelligent Transportation System Market Report Highlights

  • The Advanced Traveler Information System (ATMS) segment is expected to witness considerable growth of CAGR at 6.9% over the forecast period. The system acquires, analyzes, and presents information with the help of traffic management solutions and offers real-time data, which includes the location of incidents, weather and road conditions, optimal routes, and lane restrictions
  • The traffic management segment accounted for the largest market share of over 30% in 2021. The technology is primarily to improve the flow of vehicle traffic and the huge losses from traffic congestion. Traffic management systems also help in enhancing the operational performance and reliability of road networks
  • The North American regional market is expected to reach USD 18,586.7 million by 2030. The region has a strong demand for advanced telecommunications technology and aggressive investments in research and development, deployment, and adoption of ITS across the U.S., which gives a stronghold over the global market

Table of Contents

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.2.1 Purchased Database
1.2.2 Internal Database
1.2.3 List of secondary sources
1.2.4 Primary Research
1.3 List of Data Sources
1.4 Market Formulation & Publishing
1.5 Data Validation & Publishing
1.6 List of Abbreviations
Chapter 2 Executive Summary
2.1 Intelligent Transportation System Market - Industry Snapshot & Key Buying Criteria, 2017 - 2030
2.2 Global Intelligent Transportation System Market, 2017 - 2030
2.2.1 Global Intelligent Transportation System market, by region, 2017 - 2030
2.2.2 Global Intelligent Transportation System market, by type, 2017 - 2030
2.2.3 Global Intelligent Transportation System market, by application, 2017 - 2030
Chapter 3 Intelligent Transportation System Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Intelligent Transportation System Market - Value Chain Analysis
3.4 Intelligent Transportation System Market Dynamics
3.4.1 Market driver analysis
3.4.2 Market restraints analysis
3.4.3 Market opportunity analysis
3.5 Penetration and Growth Prospect Mapping
3.6 Intelligent Transportation System Market - Porter’s Five Forces Analysis
3.7 Intelligent Transportation System Market - PESTEL Analysis
3.8 Intelligent Transportation System Market - COVID - 19 Impact Analysis
Chapter 4 Intelligent Transportation System Type Outlook
4.1 Intelligent Transportation System Market Share By Type, 2021
4.2 ATIS
4.2.1 ATIS market, 2017 - 2030
4.3 ATMS
4.3.1 ATMS market, 2017 - 2030
4.4 ATPS
4.4.1 ATPS market, 2017 - 2030
4.5 APTS
4.5.1 APTS market, 2017 - 2030
4.6 EMS
4.6.1 EMS market, 2017 - 2030
Chapter 5 Intelligent Transportation System Application Outlook
5.1 Intelligent Transportation System Market Share By Application, 2021
5.2 Traffic Management
5.2.1 Intelligent transportation system market in traffic management, 2017 - 2030
5.3 Road Safety & Security
5.3.1 Intelligent transportation system market in road safety & security, 2017 - 2030
5.4 Freight Management
5.4.1 Intelligent Transportation System market in freight management, 2017 - 2030
5.5 Public Transport
5.5.1 Intelligent transportation system market in public transport, 2017 - 2030
5.6 Environment Protection
5.6.1 Intelligent transportation system market in environment protection, 2017 - 2030
5.7 Automotive Telematics
5.7.1 Intelligent transportation system market in automotive telematics, 2017 - 2030
5.8 Parking Management
5.8.1 Intelligent transportation system market in parking management, 2017 - 2030
5.9 Road Tolling Systems
5.9.1 Intelligent transportation system market in road tolling systems, 2017 - 2030
Chapter 6 Intelligent Transportation System Regional Outlook
6.1 Intelligent Transportation System Market Share by Region, 2021
6.2 North America
6.2.1 North America intelligent transportation system market, 2017 - 2030
6.2.2 North America intelligent transportation system market, by type, 2017 - 2030
6.2.3 North America intelligent transportation system market, by application, 2017 - 2030
6.2.4 U.S.
6.2.4.1 U.S. intelligent transportation system market, 2017 - 2030
6.2.4.2 U.S. intelligent transportation system market, by type, 2017 - 2030
6.2.4.3 U.S. intelligent transportation system market, by application, 2017 - 2030
6.2.5 Canada
6.2.5.1 Canada intelligent transportation system market, 2017 - 2030
6.2.5.2 Canada intelligent transportation system market, by type, 2017 - 2030
6.2.5.3 Canada intelligent transportation system market, by application, 2017 - 2030
6.2.6 Mexico
6.2.6.1 Mexico intelligent transportation system market, 2017 - 2030
6.2.6.2 Mexico intelligent transportation system market, by type, 2017 - 2030
6.2.6.3 Mexico intelligent transportation system market, by application, 2017 - 2030
6.3 Europe
6.3.1 Europe intelligent transportation system market, 2017 - 2030
6.3.2 Europe intelligent transportation system market, by type, 2017 - 2030
6.3.3 Europe intelligent transportation system market, by application, 2017 - 2030
6.3.4 Germany
6.3.4.1 Germany intelligent transportation system market, 2017 - 2030
6.3.4.2 Germany intelligent transportation system market, by type, 2017 - 2030
6.3.4.3 Germany intelligent transportation system market, by application, 2017 - 2030
6.3.5 U.K.
6.3.5.1 U.K. intelligent transportation system market, 2017 - 2030
6.3.5.2 U.K. intelligent transportation system market, by type, 2017 - 2030
6.3.5.3 U.K. intelligent transportation system market, by application, 2017 - 2030
6.3.6 France
6.3.6.1 France intelligent transportation system market, 2017 - 2030
6.3.6.2 France intelligent transportation system market, by type, 2017 - 2030
6.3.6.3 France intelligent transportation system market, by application, 2017 - 2030
6.4 Asia Pacific
6.4.1 Asia Pacific intelligent transportation system market, 2017 - 2030
6.4.2 Asia Pacific intelligent transportation system market, by type, 2017 - 2030
6.4.3 Asia Pacific intelligent transportation system market, by application, 2017 - 2030
6.4.4 China
6.4.4.1 China intelligent transportation system market, 2017 - 2030
6.4.4.2 China intelligent transportation system market, by type, 2017 - 2030
6.4.4.3 China intelligent transportation system market, by application, 2017 - 2030
6.4.5 India
6.4.5.1 India intelligent transportation system market, 2017 - 2030
6.4.5.2 India intelligent transportation system market, by type, 2017 - 2030
6.4.5.3 India intelligent transportation system market, by application, 2017 - 2030
6.4.6 Japan
6.4.6.1 Japan intelligent transportation system market, 2017 - 2030
6.4.6.2 Japan intelligent transportation system market, by type, 2017 - 2030
6.4.6.3 Japan intelligent transportation system market, by application, 2017 - 2030
6.4.7 South Korea
6.4.7.1 South Korea intelligent transportation system market, 2017 - 2030
6.4.7.2 South Korea intelligent transportation system market, by type, 2017 - 2030
6.4.7.3 South Korea intelligent transportation system market, by application, 2017 - 2030
6.5 Latin America
6.5.1 Latin America intelligent transportation system market, 2017 - 2030
6.5.2 Latin America intelligent transportation system market, by type, 2017 - 2030
6.5.3 Latin America intelligent transportation system market, by application, 2017 - 2030
6.5.7 Brazil
6.5.7.1 Brazil intelligent transportation system market, 2017 - 2030
6.5.7.2 Brazil intelligent transportation system market, by type, 2017 - 2030
6.5.7.3 Brazil intelligent transportation system market, by application, 2017 - 2030
6.5.8 Argentina
6.5.8.1 Argentina intelligent transportation system market, 2017 - 2030
6.5.8.2 Argentina intelligent transportation system market, by type, 2017 - 2030
6.5.8.3 Argentina intelligent transportation system market, by application, 2017 - 2030
6.6 MEA
6.6.1 MEA intelligent transportation system market, 2017 - 2030
6.6.2 MEA intelligent transportation system market, by type, 2017 - 2030
6.6.3 MEA intelligent transportation system market, by application, 2017 - 2030
6.6.4 UAE
6.6.4.1 UAE intelligent transportation system market, 2017 - 2030
6.6.4.2 UAE intelligent transportation system market, by type, 2017 - 2030
6.6.4.3 UAE intelligent transportation system market, by application, 2017 - 2030
6.6.5 KSA
6.6.5.1 KSA intelligent transportation system market, 2017 - 2030
6.6.5.2 KSA intelligent transportation system market, by type, 2017 - 2030
6.6.5.3 KSA intelligent transportation system market, by application, 2017 - 2030
Chapter 7 Competitive Analysis
7.1 Recent Developments and Impact Analysis, by Key Market Participants
7.2 Company/Competition Categorization
7.3 Vendor Landscape
7.3.1 Intelligent Transportation System Market: Key Company Market Ranking/Share Analysis, 2021
Chapter 8 Competitive Landscape
8.1 Agero, Inc.
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Product benchmarking
8.1.4 Strategic initiatives
8.2 DENSO CORPORATION
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Product benchmarking
8.2.4 Strategic initiatives
8.3 EFKON GmbH
8.3.1 Company overview
8.3.2 Financial performance
8.3.3 Product Benchmarking
8.3.4 Strategic initiatives
8.4 Hitachi, Ltd.
8.4.1 Company overview
8.4.2 Financial performance
8.4.3 Product benchmarking
8.4.4 Strategic initiatives
8.5 Garmin Ltd.
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Product benchmarking
8.5.4 Strategic initiatives
8.6 Thales Group
8.6.1 Company overview
8.6.2 Financial performance
8.6.3 Product benchmarking
8.6.4 Strategic initiatives
8.7 Xerox Corporation
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Product benchmarking
8.7.4 Strategic initiatives
8.8 Ricardo
8.8.1 Company overview
8.8.2 Financial performance
8.8.3 Product benchmarking
8.8.4 Strategic initiatives
8.9 Sensys Networks, Inc.
8.9.1 Company overview
8.9.2 Financial performance
8.9.3 Product benchmarking
8.9.4 Strategic initiatives
8.10 Telenav, Inc.
8.10.1 Company overview
8.10.2 Financial performance
8.10.3 Product benchmarking
8.10.4 Strategic initiatives
8.11 Iteris, Inc.
8.11.1 Company overview
8.11.2 Financial performance
8.11.3 Product benchmarking
8.11.4 Strategic initiatives
8.12 Kapsch TrafficCom
8.12.1 Company overview
8.12.2 Financial performance
8.12.3 Product benchmarking
8.12.4 Strategic initiatives
8.13 Lanner
8.13.1 Company overview
8.13.2 Financial performance
8.13.3 Product benchmarking
8.13.4 Strategic initiatives
8.14 Nuance Communications, Inc.
8.14.1 Company overview
8.14.2 Financial performance
8.14.3 Product benchmarking
8.14.4 Strategic initiatives
8.15 Q - Free ASA
8.15.1 Company overview
8.15.2 Financial performance
8.15.3 Product benchmarking
8.15.4 Strategic initiatives
8.16 Siemens AG
8.16.1 Company overview
8.16.2 Financial performance
8.16.3 Product benchmarking
8.16.4 Strategic initiatives
8.17 TomTom International BV
8.17.1 Company overview
8.17.2 Financial performance
8.17.3 Product benchmarking
8.17.4 Strategic initiatives
8.18 TransCore
8.18.1 Company overview
8.18.2 Product benchmarking
8.18.3 Strategic initiatives
8.18.4 Strategic initiatives
List of Tables
Table 1 Intelligent transportation system market - Industry snapshot & key buying criteria, 2017 - 2030
TABLE 2 Global intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 3 Global intelligent transportation system market, by region, 2017 - 2030 (USD Million)
TABLE 4 Global intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 5 Global intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 6 Vendor landscape
TABLE 7 ATIS market, 2017 - 2030 (USD Million)
TABLE 8 ATIS market, by region, 2017 - 2030 (USD Million)
TABLE 9 ATMS market, 2017 - 2030 (USD Million)
TABLE 10 ATMS market, by region, 2017 - 2030 (USD Million)
TABLE 11 ATPS market, 2017 - 2030 (USD Million)
TABLE 12 ATPS market, by region, 2017 - 2030 (USD Million)
TABLE 13 APTS market, 2017 - 2030 (USD Million)
TABLE 14 APTS market, by region, 2017 - 2030 (USD Million)
TABLE 15 EMS market, 2017 - 2030 (USD Million)
TABLE 16 EMS market, by region, 2017 - 2030 (USD Million)
TABLE 17 Intelligent transportation system market in traffic management, 2017 - 2030 (USD Million)
TABLE 18 Intelligent transportation system market in traffic management, by region, 2017 - 2030 (USD Million)
TABLE19 Intelligent transportation system market in road safety & security, 2017 - 2030 (USD Million)
TABLE 20 Intelligent transportation system market in road safety & security, by region, 2017 - 2030 (USD Million)
TABLE 21 Intelligent transportation system market in freight management, 2017 - 2030 (USD Million)
TABLE 22 Intelligent transportation system market in freight management, by region, 2017 - 2030 (USD Million)
TABLE 23 Intelligent transportation system market in public transport, 2017 - 2030 (USD Million)
TABLE 24 Intelligent transportation system market in public transport, by region, 2017 - 2030 (USD Million)
TABLE 25 Intelligent transportation system market in environment protection, 2017 - 2030 (USD Million)
TABLE 26 Intelligent transportation system market in environment protection, by region, 2017 - 2030 (USD Million)
TABLE 27 Intelligent transportation system market in automotive telematics, 2017 - 2030 (USD Million)
TABLE 28 Intelligent transportation system market in automotive telematics, by region, 2017 - 2030 (USD Million)
TABLE 29 Intelligent transportation system market in parking management, 2017 - 2030 (USD Million)
TABLE 30 Intelligent transportation system market in parking management, by region, 2017 - 2030 (USD Million)
TABLE 31 Intelligent transportation system market in road tolling systems, 2017 - 2030 (USD Million)
TABLE 32 Intelligent transportation system market in road tolling systems, by region, 2017 - 2030 (USD Million)
TABLE 33 North America intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 34 North America intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 35 North America intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 36 U.S. intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 37 U.S. intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 38 U.S. intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 39 Canada intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 40 Canada intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 41 Canada intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 42 Mexico intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 43 Mexico intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 44 Mexico intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 45 Europe intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 46 Europe intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 47 Europe intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 48 Germany intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 49 Germany intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 50 Germany intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 51 U.K. intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 52 U.K. intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 53 U.K. intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 54 France intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 55 France intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 56 France intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 57 Asia Pacific intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 58 Asia Pacific intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 59 Asia Pacific intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 60 China intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 61 China intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 62 China intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 63 India intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 64 India intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 65 India intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 66 Japan intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 67 Japan intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 68 Japan intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 69 South Korea intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 70 South Korea intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 71 South Korea intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 72 Latin America intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 73 Latin America intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 74 Latin America intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 75 Brazil intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 76 Brazil intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 77 Brazil intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 78 Argentina intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 79 Argentina intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 80 Argentina intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 81 MEA intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 82 MEA intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 83 MEA intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 84 UAE intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 85 UAE intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 86 UAE intelligent transportation system market, by application, 2017 - 2030 (USD Million)
TABLE 87 KSA intelligent transportation system market, 2017 - 2030 (USD Million)
TABLE 88 KSA intelligent transportation system market, by type, 2017 - 2030 (USD Million)
TABLE 89 KSA intelligent transportation system market, by application, 2017 - 2030 (USD Million)
List of Figures
FIG. 1 Market segmentation and scope
FIG. 2 Global intelligent transportation system market, 2017-2030 (USD Million)
FIG. 3 Intelligent transportation system market - Value chain analysis
FIG. 4 Intelligent transportation system market - Market dynamics
FIG. 5 Intelligent transportation system market - Key market driver impact
FIG. 6 Intelligent transportation system market - Key market restraints impact
FIG. 7 Intelligent transportation system market - Key market opportunity impact
FIG. 8 Key opportunities prioritized
FIG. 9 Intelligent transportation system market - Porter’s five forces analysis
FIG. 10 Intelligent transportation system market - Company ranking analysis, 2021
FIG. 11 Intelligent transportation system market - PESTEL analysis
FIG. 12 Intelligent transportation system market, by type, 2021
FIG. 13 Intelligent transportation system market, by application, 2021
FIG. 14 Intelligent transportation system market, by region, 2021
FIG. 15 Intelligent transportation system market - Regional takeaways
FIG. 16 North America intelligent transportation system market - Key takeaways
FIG. 17 Europe intelligent transportation system market - Key takeaways
FIG. 18 Asia Pacific intelligent transportation system market - Key takeaways
FIG. 19 Latin America intelligent transportation system market - Key takeaways
FIG. 20 MEA intelligent transportation system market - Key takeaways

Companies Mentioned

  • Agero, Inc.
  • DENSO CORPORATION
  • EFKON GmbH
  • Hitachi, Ltd.
  • Garmin Ltd.
  • Thales Group
  • Xerox Corporation
  • Ricardo
  • Sensys Networks, Inc.
  • Telenav, Inc.
  • Iteris, Inc.
  • Kapsch TrafficCom
  • Lanner
  • Nuance Communications, Inc.
  • Q - Free ASA
  • Siemens AG
  • TomTom International BV
  • TransCore

Methodology

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Table Information

Report AttributeDetails
No. of Pages170
PublishedDecember 2022
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 28.25 Billion
Forecasted Market Value ( USD ) by 2030 $ 51.29 Billion
Compound Annual Growth Rate7.7%
Regions CoveredGlobal
No. of Companies Mentioned18

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