Market Overview: Intelligent Transportation System Market FY25-30

This reports provides an essential and dependable overview of the Intelligent Transportation System Market, serving as a guide for stakeholders navigating the industry's future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.

Intelligent Transportation System Market Report Coverage Details:

• Base Year: 2024

• Historical Data: 2020-23

• Forecast Period: 2025-2030

• CAGR: 6.1% (2025-2030)

The Global Intelligent Transportation System Market size was valued at around USD 48.88 billion in 2024 and is projected to reach USD 66.19 billion by 2030.

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Intelligent Transportation System Market Opportunity:

Emergence of Autonomous and Connected Vehicles and Infrastructure - The development and research towards the innovation of autonomous vehicles and research towards producing connected cars with each other and the surrounding infrastructure will create innovative opportunities for the market. For instance,

• In January 2021, Denso Corporation collaborated with Aeva, manufacturer of LiDAR and perception systems for autonomous vehicles, to develop sensing and perception systems to produce Frequency Modulated Continuous Wave (FMCW) LiDAR that can aid in assessing vehicle velocity and reflectivity.

Additionally, the emergence of smart cities and the installation of advanced technologies in different sectors calls for a connected traffic system with enhanced communication systems to avoid collisions and other traffic issues by integrating modern tech into the transport systems, improving infrastructure, etc., propagating market expansion.

Intelligent Transportation System Market Segmentation Analysis - FY25-30

Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Intelligent Transportation System Market (2025-30). We prioritize uncovering the pivotal factors that presently drive and will shape the industry's growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.

The Intelligent Transportation System Market segmentation is enlisted below:

By Component

• Hardware- Market Size & Forecast 2020-2030, USD Million

  • Sensors- Market Size & Forecast 2020-2030, USD Million

  • Interface Boards- Market Size & Forecast 2020-2030, USD Million

  • Surveillance Cameras- Market Size & Forecast 2020-2030, USD Million

  • Monitoring & Detection System- Market Size & Forecast 2020-2030, USD Million

  • Telecommunication Network- Market Size & Forecast 2020-2030, USD Million

  • Others (Electronic Toll Collection (ETC) Systems, Variable Message Signs (VMS), etc.) - Market Size & Forecast 2020-2030, USD Million

• Software- Market Size & Forecast 2020-2030, USD Million

  • Visualization Software- Market Size & Forecast 2020-2030, USD Million

  • Transit Management System- Market Size & Forecast 2020-2030, USD Million

  • Video Detection Management Software- Market Size & Forecast 2020-2030, USD Million

  • Others (Fleet Management Software, Smart Parking Software, etc.) - Market Size & Forecast 2020-2030, USD Million

• Services- Market Size & Forecast 2020-2030, USD Million

  • Professional- Market Size & Forecast 2020-2030, USD Million

  • Managed- Market Size & Forecast 2020-2030, USD Million

By Type

• Advanced Public Transportation System (APTS) - Market Size & Forecast 2020-2030, USD Million

• Advanced Traffic Management System (ATMS) - Market Size & Forecast 2020-2030, USD Million

• Advanced Traveler Information System (ATIS) - Market Size & Forecast 2020-2030, USD Million

• Advanced Transport Pricing System (ATPS) - Market Size & Forecast 2020-2030, USD Million

• Advanced Rural Transportation System (ARTS) - Market Size & Forecast 2020-2030, USD Million

• Commercial Vehicle Operation (CVO) - Market Size & Forecast 2020-2030, USD Million

• Others (Emergency Vehicle Priority (EVP) Systems, Intelligent Parking Management System, etc.) - Market Size & Forecast 2020-2030, USD Million

By Application

• Roadways - Market Size & Forecast 2020-2030, USD Million

  • Intelligent Traffic Control- Market Size & Forecast 2020-2030, USD Million

    • Traffic Monitoring Systems- Market Size & Forecast 2020-2030, USD Million

    • Traffic Signal Control Systems- Market Size & Forecast 2020-2030, USD Million

    • Traffic Enforcement Cameras- Market Size & Forecast 2020-2030, USD Million

    • Variable Traffic Message Signboards- Market Size & Forecast 2020-2030, USD Million

  • Collision Avoidance- Market Size & Forecast 2020-2030, USD Million

  • Parking Management- Market Size & Forecast 2020-2030, USD Million

  • Passenger Information Management- Market Size & Forecast 2020-2030, USD Million

  • Ticketing Management- Market Size & Forecast 2020-2030, USD Million

  • Emergency Vehicle Notification- Market Size & Forecast 2020-2030, USD Million

  • Automotive Telematics- Market Size & Forecast 2020-2030, USD Million

  • Fleet Management and Asset Monitoring- Market Size & Forecast 2020-2030, USD Million

• Railways- Market Size & Forecast 2020-2030, USD Million

  • Rail-running Operation and Collision Avoidance- Market Size & Forecast 2020-2030, USD Million

  • Passenger Information Management- Market Size & Forecast 2020-2030, USD Million

  • Smart Ticketing- Market Size & Forecast 2020-2030, USD Million

  • Security & Surveillance- Market Size & Forecast 2020-2030, USD Million

  • Emergency Notification- Market Size & Forecast 2020-2030, USD Million

  • Others (Railway Traffic Management, Predictive Maintenance, etc.) - Market Size & Forecast 2020-2030, USD Million

• Airways- Market Size & Forecast 2020-2030, USD Million

  • Security & Surveillance- Market Size & Forecast 2020-2030, USD Million

  • Traveler Information Management- Market Size & Forecast 2020-2030, USD Million

  • Smart Ticketing- Market Size & Forecast 2020-2030, USD Million

  • Aircraft Management- Market Size & Forecast 2020-2030, USD Million

  • Emergency Notification- Market Size & Forecast 2020-2030, USD Million

  • Others (Flight Planning and Optimization, Aircraft Diagnostics and Health Monitoring, etc.) - Market Size & Forecast 2020-2030, USD Million

• Maritime- Market Size & Forecast 2020-2030, USD Million

  • Freight Arrival & Transit- Market Size & Forecast 2020-2030, USD Million

  • Real-time Weather Information Tracking- Market Size & Forecast 2020-2030, USD Million

  • Container Movement Scheduling- Market Size & Forecast 2020-2030, USD Million

  • Emergency Notification- Market Size & Forecast 2020-2030, USD Million

  • Others (Marine Traffic Analytics, Maritime Security, etc.) - Market Size & Forecast 2020-2030, USD Million

By Deployment

• Cloud- Market Size & Forecast 2020-2030, USD Million

• On-Premise- Market Size & Forecast 2020-2030, USD Million

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By Region

• North America

• South America

• Europe

• The Middle East & Africa

• Asia-Pacific

Intelligent Transportation System Market Competitive Landscape

Denso Corporation, Iteris, Lanner Electronics, Agero, EFKON, Cisco, Flir System, Siemens, TransCore, Citilog, Hitachi, Ltd, Garmin Ltd, Sensys Networks, Inc., Kapsch TrafficCom AG, IBI Group, Others.

Intelligent Transportation System Industry News:

• In April 2023, Siemens unveiled a digital model of next-generation FREYR Battery factories developed using NVIDIA technology at the Hannover Messe 2023 trade show.

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Key Report Highlights   

• Market Dimensions & Projections

• Pricing Evaluation,

• Recent Strategic Moves by Companies,

• Primary Stakeholders,

• Analysis of Import and Export Trends,

• Competitive Landscape Assessment,

• Emerging Opportunities,

• Market Trends and Indicators

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