This report provides exclusive insights into the COVID-19 impact on the Intelligent Transportation System Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Intelligent Transportation System Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Intelligent Transportation System Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on intelligent transportation system market provides in-depth analysis of segments and sub-segments in global as well as regional intelligent transportation system market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional intelligent transportation system market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global intelligent transportation system market. According to report the global intelligent transportation system market is projected to grow at a healthy CAGR over the forecast period of 2018-2024.
The report on global intelligent transportation system market covers segments such as component, type, and application. On the basis of component the global intelligent transportation system market is categorized into interface boards, sensors, software, surveillance camera, tele-communication networks, monitoring and detection system, and others. On the basis of the type the global intelligent transportation system market is categorized into advanced traveler information systems (ATIS), advanced transportation management systems (ATMS), advanced transportation pricing systems (ATPS), advanced public transportation systems (APTS), cooperative vehicle systems and automatic number plate recognition systems (ANPR). On the basis of application, the global intelligent transportation system market is categorized into traffic management, road safety and surveillance, freight management, public transport, environment protection, automotive telematics, parking management, road user charging and automated vehicles.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the forecast period 2018-2024.
The report provides profiles of the companies in the global intelligent transportation system market such as Denso Corporation, EFKON AG, Garmin International, Inc., Kapsch Trafficcom AG, Nuance Communications, Inc., Savari Inc., Thales Group, Tomtom N.V, Transcore Inc., and Q-Free ASA.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global intelligent transportation system market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of intelligent transportation system market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the intelligent transportation system market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the intelligent transportation system market to understand the present and future trends in this market and formulate their strategies accordingly.