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Published Date: 2013-10-02Number of Pages: 130

Intelligent Transportation System (ITS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019

Intelligent transportation systems integrate information and communication technologies with existing transportation networks to improve its operating efficiency and improve individuals travel experience. Dwindling transportation network expansion space and growing number of vehicle owners in metropolitan areas increases pressure on transportation authorities to improve the performance of existing transportation network. Effective use of wireless communication devices, computers, sensors, telematics and data analysis applications in existing transportation networks reduces congestion, traveling delays and improves road user safety. In addition, ITS provides higher economic benefits in terms of reduced fuel consumptions, traveling delays and road accidents over its deployment and maintenance cost through its life. Increasing awareness about these benefits in both developed as well as developing economies is expected to spur the demand for ITS through the estimated period. 

 

Several type of intelligent transportation systems are introduced from its inception which include advanced traveler information system (ATIS), advanced transportation management systems (ATMS), advanced transportation pricing systems (ATPS), advanced public transportation systems (APTS) and cooperative vehicle systems. Transportation management systems accounted for the largest market share in the global ITS market in 2012. This segment is expected maintain its dominance due to increasing demand for traffic control solutions particularly for adaptive signaling systems across the world. Highway operates across the world are installing electronic toll charging systems to reduce traffic at toll centers. Advanced public transportation segment is expected see the fastest growth in the global ITS market. This is because public transportation operators are investing highly in electronic fare collection systems and dynamic display systems. It is done to provide real-time public transit information to passengers. 

 

ITS systems are used for range of applications include traffic management, road safety and surveillance, freight management, public transport, environment protection, automotive telematics, parking management and road user charging. ITS systems used for traffic management accounted for the largest market share in 2012. This is particularly due to increased investments in the traffic reduction solution from government across the world.  However, fastest growth is expected in the systems used for environment protection as countries across the world are focusing on to improve quality of life by controlling vehicle emissions. Telematics market represents another potential segment in the global ITS market as vehicle manufacturers are installing these systems for competitive product offering. In addition, vehicle owners are also installing these systems in their cars to access real-time traveling information.

 

By geography, North America held largest market share due to increased investment in ITS solutions from both public and private sectors. However, Asia-Pacific is expected to be the fastest growing region through the estimated period. U.S., U.K and Japan represents the developed market for ITS and invested heavily in the advanced technologies. Lack of interoperability is the major challenge in implementing the ITS system. This is due to different standards followed by several different users of ITS. Due to this U.S., Europe, Japan and several other countries in Asia-Pacific are focusing on developing mandatory standards and schemes to improve interoperability of ITS. Developing countries such as India, China and Brazil have not invested heavily in ITS have large growth potential in the future.

 

The global ITS industry comprises with large number of domestic and international players. Each player has fragmented market share and looking to increase their market share through technology innovation and global expansion. Siemens AG, Hitachi Ltd, and Kapsch TrafficCom are some recognized players due to their brand name, advanced technology products and global presence. Some other leading players in this industry include EFKON AG, Denso Corp, TomTom NV, Thales Group, Xerox Company, IBM Corp and others.

 

 

Chapter 1 Preface

1.1 Report description

1.2 Market segmentation

1.3 Research scope and definitions

1.4 Research methodology

 

Chapter 2 Executive summary

 

Chapter 3 Global intelligent transportation systems market overview

3.1 Global intelligent transportation systems (ITS) industry – Introduction

3.2 ITS Architecture

3.3 Market dynamics

      3.3.1 Market drivers

               3.3.1.1 Improve performance of existing transportation networks

               3.3.1.2 Increasing need to improve road safety

               3.3.1.3 High benefit to cost ratio

      3.3.2 Market restraints

               3.3.2.1 Negative impact of economic slowdown on ITS funding

               3.3.2.2 Lack of interoperability between ITSs and infrastructure

      3.3.3 Opportunity

               3.3.3.1 Improving standardization in wireless communication technologies

3.4 Value chain analysis

3.5 Porter’s five forces analysis

      3.5.1 Bargaining power of suppliers

      3.5.2 Bargaining power of buyers

      3.5.3 Threat of new entrants

      3.5.4 Threat from substitutes

      3.5.5 Degree of competition

3.6 Compititive landscape

 

Chapter 4 Global intelligent transportation systems market, by type 2011 - 2019

4.1 Introduction

4.2 Advanced traveler information systems (ATIS)

      4.2.1 Global advanced traveler information systems market size and forecast 2011 – 2019 (USD billion)

4.3 Advanced transportation management systems  (ATMS) 

      4.3.1 Global advanced transportation management system market size and forecast, 2011 – 2019 (USD billion)

4.4 Advanced transportation pricing systems (ATPS)

      4.4.1 Global advanced transportation pricing system (ATPS) market size and forecast, 2011 – 2019 (USD billion)

4.5 Advanced public transportation systems (APTS) 

      4.5.1 Global advanced public transportation system (APTS) market, size and forecast, 2011 – 2019 (USD billion)

4.6 Cooperative vehicle systems

      4.6.1 Global cooperative vehicle system market, size and forecast, 2011 - 2019

 

Chapter 5 Global intelligent transportation systems market, by application 2012 - 2018

5.1 Introduction

5.2 Traffic management

      5.2.1 Global ITS traffic management market size and forecast, 2011 – 2019 (USD billion)

5.3 Road safety and security

      5.3.1 Global ITS road safety and security market size and forecast, 2011 – 2019 (USD billion)

5.4 Freight management (Commercial)

      5.4.1 Global ITS freight management market size and forecast, 2011 – 2019 (USD billion)

5.5 Public transport

      5.5.1 Global ITS public transport market size and forecast, 2011 – 2019 (USD billion)

5.6 Environment protection

      5.6.1 Global ITS environment protection market size and forecast, 2011 – 2019 (USD billion)

5.7 Automotive telematics

      5.7.1 Global ITS automotive telematics market size and forecast, 2011 – 2019 (USD billion)

5.8 Parking management

      5.8.1 Global ITS parking management market size and forecast, 2011 – 2019 (USD billion)

5.9 Road user charging

      5.9.1 Global ITS road user charging market size and forecast, 2011 – 2019 (USD billion)

 

Chapter 6 Global intelligent transportation systems market, by region 2013 - 2019

6.1 Introduction

6.2 North America

      6.2.1 North America intelligent transportation system market size and forecast by country 2011 - 2019 (USD billion)

      6.2.2 North America intelligent transportation system market size and forecast by types 2011 - 2019 (USD billion)

      6.2.3 North America intelligent transportation system market size and forecast by applications 2011 - 2019 (USD billion)

6.3 Europe

      6.3.1 Europe intelligent transportation system market size and forecast by country 2011 - 2019 (USD billion)

      6.3.2 Europe intelligent transportation system market size and forecast by types 2011 - 2019 (USD billion)

      6.3.3 Europe intelligent transportation system market size and forecast by applications 2011 - 2019 (USD billion)

6.4 Asia-Pacific

      6.4.1 Asia-Pacific intelligent transportation system market size and forecast by country 2011 - 2019 (USD billion)

      6.4.2 Asia-Pacific intelligent transportation system market size and forecast by types 2011 - 2019 (USD billion)

      6.4.3 Asia-Pacific intelligent transportation system market size and forecast by applications 2011 - 2019 (USD billion)

6.5 Rest of the World (RoW)

      6.5.1 RoW intelligent transportation system market size and forecast by country 2011 - 2019 (USD billion)

      6.5.2 RoW intelligent transportation system market size and forecast by types 2011 - 2019 (USD billion)

      6.5.3 RoW intelligent transportation system market size and forecast by applications 2011 - 2019 (USD billion)

 

Chapter 7 Company profiles

7.1 Siemens AG

      7.1.1 Company overview

      7.1.2 Financial overview:

      7.1.3 Business strategy:

      7.1.4 SWOT analysis

      7.1.5 Recent development

7.2 Hitachi Ltd

      7.2.1 Company overview:

      7.2.2 Financial overview

      7.2.3 Business strategy

      7.2.4 SWOT analysis

      7.2.5 Recent development

7.3 WS Atkins PLC

      7.3.1 Company overview

      7.3.2 Financial Overview

      7.3.3 Business strategy

      7.3.4 SWOT analysis

      7.3.5 Recent developments

7.4 Nuance Communications Incorporation

      7.4.1 Company overview

      7.4.2 Financial overview

      7.4.3 Business strategy

      7.4.4 SWOT analysis

      7.4.5 Recent developments

7.5 EFKON AG

      7.5.1 Company overview

      7.5.2 Financial overview

      7.5.3 Business strategy

      7.5.4 SWOT analysis

      7.5.5 Recent developments

7.6 Garmin International Inc.

      7.6.1 Company overview

      7.6.2 Financial overview

      7.6.3 Business strategy

      7.6.4 SWOT analysis

      7.6.5 Recent developments

7.7 Iteris, Inc.

      7.7.1 Company overview

      7.7.2 Financial overview

      7.7.3 Business strategy

      7.7.4 SWOT analysis

      7.7.5 Recent developments

7.8 Kapsch TrafficCom AG

      7.8.1 Company overview

      7.8.2 Financial overview

      7.8.3 Business strategy

      7.8.4 SWOT analysis

      7.8.5 Recent developments

7.9 Lanner Electronics Inc

      7.9.1 Company overview

      7.9.2 Financial overview

      7.9.3 Business strategy

      7.9.4 SWOT analysis

      7.9.5 Recent developments

7.10 Telenav, Inc

      7.10.1 Company overview

      7.10.2 Financial overview

      7.10.3 Business strategy

      7.10.4 SWOT analysis

      7.10.5 Recent developments

7.11 Thales Group

      7.11.1 Company overview

      7.11.2 Financial overview

      7.11.3 Business strategy

      7.11.4 SWOT analysis

      7.11.5 Recent developments

7.12 TomTom NV

      7.12.1 Company overview

      7.12.2 Financial overview

      7.12.3 Business strategy

      7.12.4 SWOT analysis

      7.12.5 Recent developments

7.13 TransCore Inc

      7.13.1 Company overview

      7.13.2 Financial overview

      7.13.3 Business strategy

      7.13.4 SWOT analysis

      7.13.5 Recent developments

7.14 ADCCO LLC

      7.14.1 Company overview

      7.14.2 Financial Overview

      7.14.3 Business strategy

      7.14.4 SWOT analysis

      7.14.5 Recent developments

7.15 Xerox Corporation

      7.15.1 Company overview

      7.15.2 Financial Overview

      7.15.3 Business strategy

      7.15.4 SWOT analysis

      7.15.5 Recent developments

7.16 Agero Inc.

      7.16.1 Company overview

      7.16.2 Financial Overview

      7.16.3 Business strategy

      7.16.4 SWOT analysis

      7.16.5 Recent developments

7.17 DENSO Corporation

      7.17.1 Company overview

      7.17.2 Financial Overview

      7.17.3 Business strategy

      7.17.4 SWOT analysis

      7.17.5 Recent developments

7.18 Q-Free ASA

      7.18.1 Company overview

      7.18.2 Financial overview

      7.18.3 Business strategy

      7.18.4 SWOT analysis

      7.18.5 Recent developments

7.19 Ricardo PLC

      7.19.1 Company overview

      7.19.2 Financial overview

      7.19.3 Business strategy

      7.19.4 SWOT analysis

      7.19.5 Recent developments

7.20 Sensys Networks Incorporation

      7.20.1 Company overview

      7.20.2 Financial overview

      7.20.3 Business strategy

      7.20.4 SWOT analysis

      7.20.5 Recent developments

List of Figures 

 

FIG. 1 Global intelligent transportation system market segmentation

FIG. 2 Global intelligent transportation systems (ITS) market size, by region 2012 (USD billion)

FIG. 3 Real-time intelligent transportation system architecture

FIG. 4 Road traffic death rate per 100,000 population, by region 2012

FIG. 5 Intelligent transportation systems industry – value chain

FIG. 6 Intelligent transportation systems industry – value chain

FIG. 7 Global intelligent transportation system market share (%) by type, 2012 & 2019

FIG. 8 Global advanced traveler information system (ATIS) market size and forecast, 2011 – 2019 (USD billion)

FIG. 9 Global advanced traveler information system (ATMS) market size and forecast, 2011 – 2019 (USD billion)

FIG. 10 Global advanced transportation pricing system (ATPS) market size and forecast, 2011 – 2019 (USD billion)

FIG. 11 Global advanced public transportation system (APTS) market size and forecast, 2011 – 2019 (USD billion)

FIG. 12 Global cooperative vehicle system market size and forecast, 2011 – 2019 (USD billion)

FIG. 13 Global ITS market by application, 2012 & 2019 (%)

FIG. 14 Global ITS market for traffic management market size and forecast 2011 – 2019 (USD billion)

FIG. 15 Global ITS road safety and security market size and forecast, 2011 – 2019 (USD billion)

FIG. 16 Global ITS freight management market size and forecast, 2011 – 2019 (USD billion)

FIG. 17 Global ITS public transport market size and forecast, 2011 – 2019 (USD billion)

FIG. 18 Global ITS environment protection market size and forecast, 2011 – 2019 (USD billion)

FIG. 19 Global ITS automotive telematics market size and forecast, 2011 – 2019 (USD billion)

FIG. 20 Global ITS parking management market size and forecast, 2011 – 2019 (USD billion)

FIG. 21 Global ITS road user charging market size and forecast 2011 – 2019 (USD billion)

FIG. 22 Global ITS market share by region, 2012 & 2019 (%)

FIG. 23 Siemens AG annual revenue, 2010 - 2012, (USD million)

FIG. 24 Hitachi Ltd annual revenue, 2010 - 2012, (USD million)

FIG. 25 Atkins intelligent transportation systems segment revenue, 2010 - 2012, (USD million)

FIG. 26 Nuance Communications Inc. annual revenue, 2010 – 2012 (USD million)

FIG. 27 Garmin Ltd. annual revenue, 2010 – 2012 (USD million)

FIG. 28 Iteris, Inc. annual revenue, 2010 – 2012 (USD million)

FIG. 29 Kapsch TrafficCom  annual revenue, 2010 – 2012 (USD million)

FIG. 30 Lanner Electronics Inc annual revenue, 2010 – 2012 (USD million)

FIG. 31 Telenav Inc annual revenue, 2010 - 2012 (USD million)

FIG. 32 Thales Group revenue, 2010 - 2012  (USD million)

FIG. 33 TomTom NV revenue, 2010 - 2012  (USD million)

FIG. 34 Xerox Company annual revenue,  2010 - 2012, (USD million)

FIG. 35 Denso Corporation annual revenue,  2010 - 2012, (USD million)

FIG. 36 Q-Free ASA annual revenue, 2010 – 2012 (USD million)

FIG. 37 Ricardo PLC annual revenue, 2010 – 2012 (USD million)

List of Tables

 

TABLE 1 Intelligent transportation systems market –  Snapshot (2012 & 2019)

TABLE 2 Drivers: impact analysis

TABLE 3 Restraints: impact analysis

TABLE 4 Leading players ranking in the global ITS market

TABLE 5 North America intelligent transportation system market size and forecast by country 2011 - 2019 (USD billion)

TABLE 6 North America intelligent transportation system market size and forecast by types 2011 - 2019 (USD billion)

TABLE 7 North America intelligent transportation system market size and forecast by applications 2011 - 2019 (USD billion)

TABLE 8 Europe intelligent transportation system market size and forecast by country 2011 - 2019 (USD billion)

TABLE 9 Europe intelligent transportation system market size and forecast by types 2011 - 2019 (USD billion)

TABLE 10 Europe intelligent transportation system market size and forecast by applications 2011 - 2019 (USD billion)

TABLE 11 Asia-Pacific intelligent transportation system market size and forecast by country 2011 - 2019 (USD billion)

TABLE 12 Asia-Pacific intelligent transportation system market size and forecast by types 2011 - 2019 (USD billion)

TABLE 13 Asia-Pacific intelligent transportation system market size and forecast by applications 2011 - 2019 (USD billion)

TABLE 14 RoW intelligent transportation system market size and forecast by country 2011 - 2019 (USD billion)

TABLE 15 RoW intelligent transportation system market size and forecast by types 2011 - 2019 (USD billion)

TABLE 16 RoW  intelligent transportation system market size and forecast by applications 2011 - 2019 (USD billion)

According to the WHO, almost 1.24 million people die every year due to road traffic crashes. Traffic death toll in the U.S. alone has increased by 14% during the first half of 2015, as reported by the National Safety Council. These statistics highlight the fact that the world today is in dire need of technologies to improve traffic safety. Dwindling network topology of transportation worldwide, in conjunction with the incessantly growing number of vehicle owners in metropolitan areas, leads to mounting pressure on transport authorities to introduce the latest technologies in existing transportation networks. This subsequently increases the demand for intelligent transportation system worldwide. 

Intelligent transportation systems (ITS) integrate existing transportation networks with the latest information and communication technologies to improve their operational efficiency as well as individual travel experience. The technology achieves the same by the effective use of sensors, communication devices, telematics, and data analysis applications. The implementation of the ITS technology will help reduce traffic congestion and consequent delays. Most importantly, though, it will improve road safety.

The report segments the global intelligent transportation systems market on the basis of product type, applications, and geography for the purpose of the study. Using industry-leading analytical tools such as SWOT analysis, the report weighs out the strengths and weaknesses of the market and evaluates the opportunities and threats that the market is likely to witness in the near future. 

Overview of the Global Intelligent Transportation System (ITS) Market

The global intelligent transportation system market, exhibiting a CAGR of 11.1%, is anticipated to reach a valuation of US$30.2 billion by 2019. The escalating need to improve the existing traffic network and growing focus on road safety will bolster the market for intelligent transportation systems. Apart from road safety, ITS also provides economic benefits such as curbing the incidence of road accidents and reduced travelling delays and fuel consumption. Such factors aid the growth of the global ITS market. 

Growing prevalence of standardization of wireless communication technologies provides immense potential and the global ITS market is anticipated to grow at a fast pace over the next couple of years, propelled by this opportunity. However, inadequate interoperability between existing infrastructure and advanced intelligent transportation systems is anticipated to impede growth of the global ITS market to an extent. The economic slowdown in various parts of the world in recent years is also likely to have an adverse impact on the overall market operations. 

By type, the segment of ATMS (advanced transportation management systems) held the largest share in the global ITS market. However, increased funding in dynamic display systems will boost the market segment of APTS (advanced public transportation systems) in the coming years. Whilst in terms of application, the segment of traffic management led the market in 2012, adoption of the latest strategies to curb carbon emission is expected to fuel the segment of environmental protection in the forthcoming years. 

Regionally, North America leads the global ITS market, occupying over 42.2% of the market. However, increasing investment to develop infrastructural facilities across Asia Pacific will foster exponential growth opportunities for the intelligent transportation systems market in the region. The market is likely to witness strong demand from India, Malaysia, China, and Thailand. 

Companies mentioned in the research report 

Leading companies profiled in the report include Hitachi Ltd, Sensys Networks Incorporation, Telenav, Inc., Garmin International Inc., Kapsch TrafficCom AG, TransCore Inc., Nuance Communications Incorporation, Xerox Corporation, WS Atkins PLC, Ricardo PLC, and others. 

The global intelligent transportation system market is segmented as below:

By type

  • Advanced traveler information systems (ATIS) 
  • Advanced transportation management systems (ATMS)
  • Advanced transportation pricing systems (ATPS)
  • Advanced public transportation systems (APTS)
  • Cooperative systems

By application

  • Traffic management
  • Road safety and surveillance
  • Freight management
  • Public transport
  • Environment protection
  • Automotive telematics
  • Parking management
  • Road user charging

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

This report gives you access to decisive data such as:

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for the coming years 

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth 
  • Up-to-date analyses of market trends and technological improvements 
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors 
  • An array of graphics and SWOT analysis of major industry segments 
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis 
  • Offers a clear understanding of the competitive landscape and key product segments


 
 
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