Home / Automotive & Transportation / Intelligent Transportation Systems And Services (Itss) Market By System Type (Traveller Information, Transportation Management, Road Pricing, Public Transportation, Cooprative Vehicle), By Application (Traffic Management, Road Safety And Surveillance, Freight Management, Public Transport, Environment Protection, Automotive Telematics, Parking Management, Road User Charging), By Component (Hardware, Services) - Growth, Share, Opportunities & Competitive Analysis, 2015 -2022

Intelligent Transportation Systems And Services (Itss) Market By System Type (Traveller Information, Transportation Management, Road Pricing, Public Transportation, Cooprative Vehicle), By Application (Traffic Management, Road Safety And Surveillance, Freight Management, Public Transport, Environment Protection, Automotive Telematics, Parking Management, Road User Charging), By Component (Hardware, Services) - Growth, Share, Opportunities & Competitive Analysis, 2015 -2022

Published: Mar 2016 | Report Code: 57714-03-16

The market for intelligent transportation systems and services is growing steadily with rising need to reduce traffic congestions particularly in metropolitan cities across the world. In addition, intelligent transportation systems offer benefits such reduced fuel consumption, travelling delays and environment protection.

Rising awareness about the benefits of this technology is expected to spur the demand for ITSS particularly in emerging markets. This is expected to motivate players across the value chain of this industry to introduce innovative technologies to maintain their footholds in this potential industry.

The global intelligent transportation systems and services (ITSS) market was valued at US$ 52.34 Bn in 2014, and is likely to cross US$ 80.00 Bn by 2022, growing at a CAGR of 6.0% through the forecast period 2015 to 2022.

Intelligent Transportation Systems and Services (ITSS) Market
  
Purpose of the Report

The purpose of research study “Global Intelligent Transportation Systems and Services (ITSS) Market - Growth, Share, Opportunities, and Competitive Analysis, is to provide exhaustively analysis of intelligent transportation systems and services industry to key industry players, trade partners, ITS component manufacturers, investors, transportation authorities and other participants across the value chain of ITSS industry.

This report provides in-depth analysis of the ITSS industry including current and future technology trends, demand-supply trends, market estimate and forecasts. In addition, report includes key factors influencing and inhibiting the market growth, competitive analysis with market winning strategies adopted by key players in ITSS industry. The report would aid market players in strategic decision making such as new product developments, regional expansion and market investments.

Target Audience

  • Intelligent Transportation Systems Manufacturers
  • ITSS System Integrators
  • Component Manufacturers
  • ITS solutions Suppliers and Distributors
  • ITSS Software Providers
  • Traffic Authorities
  • Governments
  • Other End-users

USP and Key Offerings

The report titled “Intelligent Transportation Systems and Services (ITSS) Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers in-depth analysis of the global ITSS industry along with the market size (revenue in US$ Bn) and forecast for the duration 2015 to 2022.

This comprehensive study provides detailed analysis of key market segments based on system type, application, component and Geography. This study also includes competitive profiling of the major ITS system manufacturers and service providers, market positioning of key players, their market winning strategies and recent developments.

Other strategic analyses provided in the study include:

  • Current and future market trends (technology and demand-supply trends)
  • Market dynamics: drivers market restraints, and their impact analysis
  • PESTEL Analysis of ITSS industry
  • Competitive analysis and market positioning
  • Historical market size revenue (US$ Bn)
  • Market Forecast for the period (2015 – 2022)
  • SRC (Segment-Region-Country) Analysis

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Intelligent Transportation Systems and Services (ITSS) Market
2.2 Global Intelligent Transportation Systems and Services (ITSS) Market, By System Type, 2014
2.3 Global Intelligent Transportation Systems and Services (ITSS) Market, By Technology
2.4 Global Intelligent Transportation Systems and Services (ITSS) Market, By Components
2.5 Global Intelligent Transportation Systems and Services (ITSS) Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Intelligent Transportation Systems and Services (ITSS) Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Y-o-Y %)
3.2 Market Inclination Insights
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Attractive Investment Proposition
3.7 Intelligent Transportation Systems and Services (ITSS) Industry - PESTEL Analysis
3.8 Competitive Analysis
3.8.1 Market Positioning of Key Vendors

Chapter 4 Global Intelligent Transportation Systems and Services (ITSS) Market Analysis, By System Type
4.1 Overview
4.2 Tornado Analysis
4.3 Traveller Information Systems
4.3.1 Global Traveller Information Systems Market Revenue, 2013 – 2022, (US$ Bn)
4.4 Transportation Management Systems
4.4.1 Global Transportation Management Systems Market Revenue, 2013 – 2022, (US$ Bn)
4.5 Road Pricing Systems
4.5.1 Global Road Pricing Systems Market Revenue, 2013 – 2022, (US$ Bn)
4.6 Public Transportation Systems
4.6.1 Global Public Transportaion Systems Market Revenue, 2013 – 2022, (US$ Bn)
4.7 Cooprative Vehicle
4.7.1 Global Cooperative Vehicle Market Revenue, 2013 – 2022, (US$ Bn)

Chapter 5 Global Intelligent Transportation Systems and Services (ITSS) Market Analysis, By Application
5.1 Overview
5.2 Tornado Analysis
5.3 Traffic Management
5.3.1 Global ITSS Market for Traffic Management Revenue, 2013 – 2022, (US$ Bn)
5.4 Road Safety and Surveillance
5.4.1 Global ITSS Market for Road Safety and Surveillance Revenue, 2013 – 2022, (US$ Bn)
5.5 Freight Management
5.5.1 Global ITSS Market for Freight Managment Revenue, 2013 – 2022, (US$ Bn)
5.6 Public Transport
5.6.1 Global ITSS Market for Public Transport Revenue, 2013 – 2022, (US$ Bn)
5.7 Environment Protection
5.7.1 Global ITSS Market for Environment Protection Revenue, 2013 – 2022, (US$ Bn)
5.8 Automotive Telematics
5.8.1 Global ITSS Market for Automotive Telematics, 2013 – 2022, (US$ Bn)
5.9 Parking Management
5.9.1 Global ITSS Market for Parking Management, 2013 – 2022, (US$ Bn)
5.9 Road User Charging
5.9.1 Global ITSS Market for Road User Charging, 2013 – 2022, (US$ Bn)

Chapter 6 Global Intelligent Transportation Systems and Services (ITSS) Market Analysis, By Component
6.1 Overview
6.2 Tornado Analysis
6.3 Hardware
6.3.1 Global ITSS Market for Hardware Revenue, 2013 – 2022, (US$ Bn)
6.4 Services
6.4.1 Global ITSS Market for Software Revenue, 2013 – 2022, (US$ Bn)

Chapter 7 North America Intelligent Transportation Systems and Services (ITSS) Market Analysis
7.1 Overview
7.1.1 North America Intelligent Transportation Systems and Services (ITSS) Market Revenue and Growth, 2013 – 2022, (US$ Bn)
7.2 North America Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By System Type, 2013 – 2022 (US$ Bn)
7.2.1 SRC Analysis
7.3 North America Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Application, 2013 – 2022 (US$ Bn)
7.3.1 SRC Analysis
7.4 North America Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Component, 2013 – 2022 (US$ Bn)
7.4.1 SRC Analysis
7.5 North America Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Country, 2013 – 2022 (US$ Bn)
7.5.1 SRC Analysis

Chapter 8 Europe Intelligent Transportation Systems and Services (ITSS) Market Analysis
8.1 Overview
8.1.1 Europe Intelligent Transportation Systems and Services (ITSS) Market Revenue and Growth, 2013 – 2022, (US$ Bn)
8.2 Europe Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By System Type, 2013 – 2022 (US$ Bn)
8.2.1 SRC Analysis
8.3 Europe Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Application, 2013 – 2022 (US$ Bn)
8.3.1 SRC Analysis
8.4 Europe Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Component, 2013 – 2022 (US$ Bn)
8.4.1 SRC Analysis
8.5 Europe Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Country, 2013 – 2022 (US$ Bn)
8.5.1 SRC Analysis

Chapter 9 Asia Pacific Intelligent Transportation Systems and Services (ITSS) Market Analysis
9.1 Overview
9.1.1 Asia Pacific Intelligent Transportation Systems and Services (ITSS) Market Revenue and Growth, 2013 – 2022, (US$ Bn)
9.2 Asia Pacific Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By System Type, 2013 – 2022 (US$ Bn)
9.2.1 SRC Analysis
9.3 Asia Pacific Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Application, 2013 – 2022 (US$ Bn)
9.3.1 SRC Analysis
9.4 Asia Pacific Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Component, 2013 – 2022 (US$ Bn)
9.4.1 SRC Analysis
9.5 Asia Pacific Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Country, 2013 – 2022 (US$ Bn)
9.5.1 SRC Analysis

Chapter 10 Rest of the World (RoW) Intelligent Transportation Systems and Services (ITSS) Market Analysis
10.1 Overview
10.1.1 RoW Intelligent Transportation Systems and Services (ITSS) Market Revenue and Growth, 2013 – 2022, (US$ Bn)
10.2 RoW Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By System Type, 2013 – 2022 (US$ Bn)
10.2.1 SRC Analysis
10.3 RoW Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Application, 2013 – 2022 (US$ Bn)
10.3.1 SRC Analysis
10.4 RoW Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Component, 2013 – 2022 (US$ Bn)
10.4.1 SRC Analysis
10.5 RoW Intelligent Transportation Systems and Services (ITSS) Market Revenue Market Analysis, By Component, 2013 – 2022 (US$ Bn)
10.5.1 SRC Analysis

Chapter 11 Company Profiles
11.1 Garmin Ltd
11.2 Cobra Electronics Corporation
11.3 DENSO Corporation
11.4 Xerox Corporation
11.5 SWARCO AG
11.6 Siemens AG
11.7 Hitachi Ltd
11.8 Kapsch TrafficCom
11.9 Q-Free ASA
11.10 TomTom NV

Application Segmentation Analysis – Intelligent Transportation Systems and Services (ITSS) Market

Intelligent transportation systems and services (ITSS) are used for several applications which include road traffic management, efficient public transport facilities, freight management, road safety, environment protection, automotive telematics, parking management, electronic toll collection and vehicle safety and security.

Road traffic management is the largest application segment in the overall Intelligent transportation systems and services (ITSS) market and accounted for the largest revenue share in 2014. With rising population, number of vehicle and limited scope for road expansion metropolitan cities across the world are continuously facing congestion problems.

In order to reduce congestion, metropolitan cities are expected to invest significant amount in advance traffic management solutions to reduce congestion problems. Moreover, the public transport segment is expected to be the most attractive segment as public transport authorities are investing significant amount in advanced transportation and related solutions for more efficient services compare to private transportation facilities.

In addition, environment protection and automotive telematics applications are another attractive market segments for intelligent transportation systems and services (ITSS) vendors. Stringent emission control and road safety regulation in developed and developing markets are expected to influence the demand for environment protection, traffic management and road safety solutions in these markets.

Developed markets such as the U.S, UK and Singapore have introduced stringent road charging policies to reduce congestion on major roads during peak times. Some other countries particularly in Asia Pacific and Europe are expected to introduce such traffic control policies to reduce congestion in peak hours which is expected to spur the demand for road charging systems in these countries.  

 Intelligent Transportation Systems and Services (ITSS) Market

We have considered following type of intelligent transportation systems in the scope of “Intelligent Transportation Systems and Services Market” study.

  • Advanced Transportation Management Systems
  • Advanced Traveler Information Systems
  • Road Pricing Systems
  • Advanced Public Transportation Systems
  • Co-operative Vehicle Systems

Advanced public transportation systems are expected to see a lucrative growth through the forecast period 2015 – 2022 This is particularly due to increasing installation of automotive telematics systems, electronic fare payment systems and dynamic sign boards in order to improve the public confidence for public transports facilities over private transport. Advanced traffic management systems accounted for the largest revenue share in 2014 and is expected to remain the dominant segment over the forecast period with rising need to reduce congestion particularly developed and emerging economies across the world.

Advanced vehicle information systems are another attractive market segment in this market with rising demand for infotainment and navigation devices from both vehicle manufacturers and private vehicle owners in aftermarket. The market for road pricing system in developed economies is relatively mature and expected to grow with new highway and expressway projects. However, the market for electronic toll collection (ETC) system is growing rapidly in emerging markets such as China, Russia, Brazil India, and South Africa owing to new highway projects in these countries. There are two types of cooperative vehicle systems.

Vehicle to Infrastructure (V2I): Enables communication between vehicle and road side infrastructure.

Vehicle to Vehicle (V2V): Enables communication between two vehicles.

Cooperative vehicle systems are most commonly used to provide dynamic traffic information to driver and increase driver’s safety.

Intelligent Transportation Systems and Services (ITSS) Market

The global intelligent transportation systems and services market is divided into four regional markets i.e. Europe, North America, Asia Pacific and Rest of the World. North America was the largest regional market in 2014. The U.S. government and traffic authorities in the country are investing significant amount to reduce congestion and introducing mandatory regulations to reduce accidents which further expected to influence the growth of ITSS market in the U.S. Canada and Mexico are also introducing U.S. transportation standards to improve efficiency of their transportation networks.

Asia Pacific is the expected to be the fastest growing regional market. This growth is primarily attributed to rising adoption of intelligent transportation systems particularly in China, Australia and India. Rising number of vehicle registrations per year and limited space for road expansion are two major factors forcing India and China to invest in the road transportation improvement programs.

In Europe, EU7 countries (UK, Germany, Spain, Italy, France, Netherlands and Belgium) accounted for the largest market share in the overall Europe ITSS market. In Europe, CIS (Commonwealth of Independent States) region is expected to observe the fastest growth during the forecast period 2015 – 2022. This growth is primarily attributed to introduction of new investment program for deployment of intelligent transportation systems particularly in Russia.

Russia looking to improve efficiency of the existing transportation network and reduce congestion in the country. In the rest of the world ITSS market, South America is the largest market and Africa is expected to be the fastest growing region with rising deployment of ITSS in South Africa to support its economic growth.

Intelligent Transportation Systems and Services (ITSS) Market

Hismation: Intelligent Transportation Systems and Services (ITSS) Industry

Intelligent transportation systems and services include the use of information and communication technologies in order to reduce transportation related concerns such as traffic congestion, noise and air pollution. Following are some major components of the intelligent transportation systems and services (ITSS):

Vehicle level: Technologies integrated in vehicles such as dashboards, sensors, GPS systems, driver’s assistance systems, information processors to provide real-time information to driver

Roadside infrastructure: This level includes sensors by the side roads to collect real-time traffic data. Communication tools used at this level provide real-time traffic related information to drivers. Some major tools used at this level include roadside dynamic displays, sensors systems and signals to control traffic flow

Cooperative level: These systems enable the communication between vehicle to infrastructure and between vehicles.

Evolution of intelligent transportation systems and services (ITSS):

First phase of ITSS development (1960 – 1980)

First ITS program was introduced in 1960 in the U.S. with the deployment of Electronic Route Guidance Systems (ERGS) in order to provide real-time information to drivers. In 1970, ERGS system was integrated with interactive digital maps and this upgraded system was popular as Automatic Route Control System (ARCS) in the U.S.

Between 1970 and 1985, the U.S. has introduced Urban Traffic Control System (UTCS) for connecting major traffic signals and for automated signal timings for controlling traffic flow. Japan has also introduced its first ITS related program Automobile Traffic Control System (ATCS) between 1960 and 1970 with an intention to develop interactive route guidance systems.

Second phase of ITSS development (1980 – 1995)

Conditions for ITS development had improved during this phase and the U.S., Japan and Europe introduced several new ITS projects. In 1984, Japan started new project road/automobile communication system (RACS) which formed basis for today’s car navigation systems.

During this era Intelligent Vehicle-Highway Systems (IVHS) project was ongoing in the U.S. Europe had also introduced two more projects Dedicated Road Infrastructure for Vehicle Safety in Europe (DRIVE) and Program for a European Traffic System with Higher Efficiency and Unprecedented Safety (PROMETHEUS) during this period

Third Phase of ITSS development (1996 onwards)

Intelligent transportation systems and services have started gaining recognition during this phase and several countries have started deploying advanced technologies to control traffic and transportation related concerns.

With rising income opportunities, the global population in urban areas is increasing rapidly and it is predicted that more than 75% of the global population will live in metropolitan cities across the world. Rising population and increasing number of vehicles in these cities will force government and traffic authorities to deploy advance traffic management solutions for better traffic management. Japan, U.S., Singapore, UK and Germany represent matured markets for ITS.

Most of the ITS technologies are first developed, tested and implemented in these countries.  North America and Europe have made mandatory to install Electronic Stability Control (ESC) system in both commercial and passenger cars from 2011. ESC is a driver assistance system and enables drivers to avoid accidents caused due to skidding.

Several countries have observed a massive improvement in the performance of transportation network operations after deploying intelligent transportation systems and services (ITSS) by improving the efficiency of their existing transportation networks, reduce fuel consumption and the number of road accidents. ITSS is gaining popularity in emerging markets such as South Korea, China, Brazil, India, Russia, Australia and many other countries across the world with the rising awareness about the benefits of these technologies.  

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