DUBLIN, May 5, 2022 /PRNewswire/ — The “Intelligent Traffic Management System Market Share, Size, Trends, Industry Analysis Report, By Components; By Product; By Region; Segment Forecast, 2022 – 2030” report has been added to ResearchAndMarkets.com’s offering.
The global intelligent traffic management system market size is expected to reach USD 19.83 billion by 2030 according to a new study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.
With rapid urbanization, traffic congestion and management have become the core challenges for people living in urban areas. A rise in the number of vehicles across the globe is one of the leading causes for increased congestion which has further led to the higher demand for intelligent transportation systems in place of the traditional method of managing the transportation system.
On the other hand, infrastructure development can improve transportation efficiency, but it comes at a high cost in terms of time, effort, and money. Efficient control and intelligent management make it possible to contain the effects of rising expenses associated with the congestion in metropolitan areas. As a result, the advancement of novel technologies and more efficient communication systems have a significant impact on the usage of intelligent transportation control systems.
Based on components, the video walls market segment is expected to grow at a significant rate owing to the increased use of video walls in team-based command and control center environments that serve as a critical data hub as well as public authorities and utilities operating at city, regional, state, and federal levels, which in turn, is projected to drive the demand for intelligent transportation systems.
Rapid improvements in areas such as data transmission, mobility, cloud, and sensors, which integrate the IoT architecture, are expected to exacerbate the intelligent transportation market’s growth. However, a lack of standardization and uniformity in the solutions may result in compatibility concerns, limiting the market’s growth.
Major participants such as Kapsch TrafficCom AG, Cisco, Cubic Corporation, SWARCO, FLIR, General Electric Company, Huawei, IBM, TomTom International BV, PTV Group, Q-Free ASA, Siemens AG, Thales Group, Chevron, and Transcore are some of the key players operating in the global market.
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Research Methodology
4. Global Intelligent Traffic Management System Market Insights
4.1. Intelligent Traffic Management System Market – Industry Snapshot
4.2. Intelligent Traffic Management System Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Rapid urbanization
4.2.1.2. Rising number of vehicles
4.2.2. Restraints and Challenges
4.2.2.1. Privacy and security concerns
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Intelligent Traffic Management System Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Intelligent Traffic Management System Market, by Product
5.1. Key Findings
5.2. Introduction
5.2.1. Global Intelligent Traffic Management System, by Product, 2018 – 2030 (USD Billion)
5.3. Integrated Urban Traffic Control
5.3.1. Global Intelligent Traffic Management System Market, by Integrated Urban Traffic Control, by Region, 2018 – 2030 (USD Billion)
5.4. Variable / Dynamic Message Signs
5.4.1. Global Intelligent Traffic Management System Market, by Variable / Dynamic Message Signs, by Region, 2018 – 2030 (USD Billion)
5.5. Emergency Response
5.5.1. Global Intelligent Traffic Management System Market, by Emergency Response, by Region, 2018 – 2030 (USD Billion)
5.6. Border Control System
5.6.1. Global Intelligent Traffic Management System Market, by Border Control System, by Region, 2018 – 2030 (USD Billion)
5.7. Electronic Toll Collection
5.7.1. Global Intelligent Traffic Management System Market, by Electronic Toll Collection, by Region, 2018 – 2030 (USD Billion)
5.8. Parking Management
5.8.1. Global Intelligent Traffic Management System Market, by Parking Management, by Region, 2018 – 2030 (USD Billion)
5.9. Violation and Measurement
5.9.1. Global Intelligent Traffic Management System Market, by Violation and Measurement, by Region, 2018 – 2030 (USD Billion)
5.10. Tunnel Management
5.10.1. Global Intelligent Traffic Management System Market, by Tunnel Management, by Region, 2018 – 2030 (USD Billion)
5.11. Freeway Management
5.11.1. Global Intelligent Traffic Management System Market, by Freeway Management, by Region, 2018 – 2030 (USD Billion)
6. Global Intelligent Traffic Management System Market, by Components
6.1. Key Findings
6.2. Introduction
6.2.1. Global Intelligent Traffic Management System Market, by Components, 2018 – 2030 (USD Billion)
6.3. Traffic Controllers and Signals
6.3.1. Global Intelligent Traffic Management System Market, by Traffic Controllers and Signals, by Region, 2018 – 2030 (USD Billion)
6.4. Surveillance Cameras
6.4.1. Global Intelligent Traffic Management System Market, by Surveillance Cameras, by Region, 2018 – 2030 (USD Billion)
6.5. Video Walls
6.5.1. Global Intelligent Traffic Management System Market, by Video Walls, by Region, 2018 – 2030 (USD Billion)
6.6. Server
6.6.1. Global Intelligent Traffic Management System Market, by Server, by Region, 2018 – 2030 (USD Billion)
6.7. 3D Simulators
6.7.1. Global Intelligent Traffic Management System Market, by 3D Simulators, by Region, 2018 – 2030 (USD Billion)
6.8. GUI Workstation
6.8.1. Global Intelligent Traffic Management System Market, by GUI Workstation, by Region, 2018 – 2030 (USD Billion)
6.9. Detectors & Sensors
6.9.1. Global Intelligent Traffic Management System Market, by Detectors & Sensors, by Region, 2018 – 2030 (USD Billion)
6.10. Other Components
6.10.1. Global Intelligent Traffic Management System Market, by Other Components, by Region, 2018 – 2030 (USD Billion)
7. Global Intelligent Traffic Management System Market, by Geography
8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
8.1.1. Expansion
8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
9.1. Chevron
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Recent Development
9.2. Cisco
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Recent Development
9.3. Cubic Corporation
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Recent Development
9.4. FLIR
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Recent Development
9.5. General Electric Company
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Recent Development
9.6. Huawei
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Recent Development
9.7. IBM
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Recent Development
9.8. Kapsch TrafficCom AG
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Recent Development
9.9. PTV Group
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Recent Development
9.10. Q-Free ASA
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Recent Development
9.11. Siemens AG
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Recent Development
9.12. SWARCO
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Recent Development
9.13. Thales Group
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Recent Development
9.14. TomTom International BV
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Recent Development
9.15. Transcore
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Recent Development
For more information about this report visit https://www.researchandmarkets.com/r/xvtp5i
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