Report

1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.3 INCLUSIONS AND EXCLUSIONS 27
1.4 STUDY SCOPE 27
1.4.1 MARKETS COVERED 27
1.4.2 YEARS CONSIDERED 29
1.5 CURRENCY CONSIDERED 29
1.6 UNIT CONSIDERED 29
1.7 STAKEHOLDERS 29
1.8 SUMMARY OF CHANGES 30
1.9 IMPACT OF RECESSION 30
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
2.1.1 SECONDARY DATA 32
2.1.1.1 Key secondary sources - organizations 32
2.1.1.2 Secondary sources 32
2.1.2 PRIMARY DATA 33
2.1.2.1 Primary interviews with experts 33
2.1.2.2 Key data from primary sources 34
2.1.2.3 Key industry insights 35
2.1.2.4 Breakdown of primaries 35
2.2 FACTOR ANALYSIS 36
2.3 MARKET SIZE ESTIMATION METHODOLOGY 37
2.3.1 BOTTOM-UP APPROACH 37
2.3.1.1 Approach to arrive at market size using bottom-up analysis
(demand side) 37
2.3.2 TOP-DOWN APPROACH 38
2.3.2.1 Approach to arrive at market size using top-down analysis
(supply side) 38
2.4 DATA TRIANGULATION 39
2.5 RESEARCH ASSUMPTIONS 40
2.6 RESEARCH LIMITATIONS 40
2.7 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON INTELLIGENT TRANSPORTATION SYSTEM MARKET 41
2.8 RISK ASSESSMENT 41
3 EXECUTIVE SUMMARY 42
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INTELLIGENT TRANSPORTATION
SYSTEM MARKET 46
4.2 INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE 46
4.3 INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY OFFERING 47
4.4 ROADWAYS: INTELLIGENT TRANSPORTATION SYSTEM MARKET,
BY APPLICATION AND REGION 47
4.5 INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY REGION 48
5 MARKET OVERVIEW 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 49
5.2.1 DRIVERS 50
5.2.1.1 Rapid urbanization across regions 50
5.2.1.2 Government initiatives to increase road safety 50
5.2.1.3 Rising development of smart cities globally 51
5.2.1.4 Increasing demand for mobility services 51
5.2.2 RESTRAINTS 52
5.2.2.1 High upfront costs of implementation 52
5.2.2.2 Slow technology adoption in emerging economies 53
5.2.3 OPPORTUNITIES 53
5.2.3.1 Growing public-private partnerships 53
5.2.3.2 Growing demand from emerging economies 54
5.2.4 CHALLENGES 54
5.2.4.1 Complexity of data management and privacy 54
5.3 VALUE CHAIN ANALYSIS 55
5.4 ECOSYSTEM ANALYSIS 56
5.5 INVESTMENT AND FUNDING SCENARIO 58
5.6 PRICING ANALYSIS 58
5.6.1 PRICING ANALYSIS OF ITS HARDWARE BY KEY PLAYERS 58
5.7 AVERAGE SELLING PRICE TREND 59
5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS 59
5.9 TECHNOLOGY ANALYSIS 60
5.9.1 KEY TECHNOLOGIES 60
5.9.1.1 Vehicle to Everything 60
5.9.1.2 Data Analytics 60
5.9.2 COMPLEMENTARY TECHNOLOGY 61
5.9.2.1 Internet of Things (IoT) 61
5.9.2.2 5G 61
5.9.3 ADJACENT TECHNOLOGY 61
5.9.3.1 Artificial Intelligence 61
?
5.10 IMPACT OF AI ON INTELLIGENT TRANSPORTATION SYSTEM MARKET 62
5.10.1 INTRODUCTION 62
5.10.2 FUTURE OF INTELLIGENT TRANSPORTATION SYSTEMS: ADVANCEMENTS DRIVEN BY AI 63
5.11 PORTER'S FIVE FORCES ANALYSIS 65
5.12 KEY STAKEHOLDERS & BUYING CRITERIA 67
5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 67
5.12.2 BUYING CRITERIA 68
5.13 CASE STUDY ANALYSIS 69
5.13.1 INTELLIGENT TRANSPORT SYSTEM IMPLEMENTED IN DEHRADUN INDIA 69
5.13.2 ANALOG AND DIGITAL COMBINED IN SHENZHEN TO CREATE INTELLIGENT TRANSPORT SYSTEM 69
5.13.3 CUBIC CORPORATION TRAFFIC MANAGEMENT SOLUTION DEPLOYED IN MEXICO 70
5.13.4 INTELLIGENT TRANSPORT SYSTEM IMPLEMENTED IN EGYPT 70
5.14 TRADE ANALYSIS 71
5.14.1 IMPORT SCENARIO 71
5.14.2 EXPORT SCENARIO 71
5.15 PATENT ANALYSIS 72
5.16 KEY CONFERENCES & EVENTS IN 2024 & 2025 75
5.17 TARIFF ANALYSIS 75
5.18 REGULATORY LANDSCAPE 76
5.18.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
5.18.2 SAFETY STANDARDS FOR INTELLIGENT TRANSPORT SYSTEM 79
6 PROTOCOLS FOR INTELLIGENT TRANSPORTATION SYSTEMS 80
6.1 INTRODUCTION 80
6.2 SHORT RANGE 80
6.2.1 WAVE (IEEE 802.11) 80
6.2.2 WPAN (IEEE 802.15) 81
6.3 LONG RANGE 81
6.3.1 WIMAX (IEEE 802.11) 81
6.3.2 OFDM 81
6.4 IEEE 1512 81
6.5 TRAFFIC MANAGEMENT DATA DICTIONARY 82
6.6 OTHERS 82
7 EVOLUTION OF TECHNOLOGIES IN INTELLIGENT TRANSPORTATION SYSTEMS 83
7.1 INTRODUCTION 83
7.2 AUTONOMOUS VEHICLES 83
7.3 PLATOONING 83
7.4 SMART ROADS 84
7.5 DRONE DELIVERY 84
8 INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE 85
8.1 INTRODUCTION 86
8.2 ROADWAYS 88
8.2.1 INCREASING NEED TO ENHANCE ROAD SAFETY TO FUEL GROWTH 88
8.3 RAILWAYS 88
8.3.1 EFFICIENCY AND RELIABILITY DRIVE DEMAND IN RAILWAYS 88
8.4 AVIATION 88
8.4.1 GROWING NEED FOR AUTOMATIC SURVEILLANCE TO BOOST GROWTH 88
8.5 MARITIME 89
8.5.1 HIGH DEMAND FOR MARITIME SAFETY AND SECURITY TO DRIVE GROWTH 89
9 INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,
BY OFFERING 90
9.1 INTRODUCTION 91
9.2 HARDWARE 93
9.2.1 INTERFACE BOARDS 94
9.2.1.1 Multifunctional boards 94
9.2.1.1.1 Growing demand due to versatility 94
9.2.1.2 Vehicle detection boards 95
9.2.1.2.1 Increasing use due to accuracy 95
9.2.1.3 Communication boards 95
9.2.1.3.1 Growing demand to facilitate real-time data exchange 95
9.2.2 SENSORS 96
9.2.2.1 Vehicle detection sensors 96
9.2.2.1.1 Increasing use of vehicle detection sensors in road safety 96
9.2.2.2 Pedestrian presence sensors 96
9.2.2.2.1 Growing demand in traffic management 96
9.2.2.3 Speed sensors 96
9.2.2.3.1 Increasing use in detecting and tracking vehicle speed 96
9.2.3 SURVEILLANCE CAMERAS 97
9.2.3.1 Thermal cameras 97
9.2.3.1.1 Growing use due to high accuracy 97
9.2.3.2 AID cameras 97
9.2.3.2.1 Increasing use in computer vision 97
9.2.4 TELECOMMUNICATION NETWORKS 98
9.2.4.1 Fiber optic cables 98
9.2.4.1.1 High data speed and large data capacity lead to increasing use 98
9.2.4.2 Copper lines 99
9.2.4.2.1 High demand due to reliability and compatibility 99
9.2.4.3 Wireless media 99
9.2.4.3.1 Increasing demand in short-range wireless applications 99
9.2.5 MONITORING & DETECTION SYSTEMS 100
9.2.5.1 Automatic number plate recognition system 100
9.2.5.1.1 Growing use in security and traffic management 100
9.2.5.2 Intelligent traffic controllers 100
9.2.5.2.1 Increasing use in remote monitoring 100
9.2.6 OTHERS 101
9.2.6.1 Linked traffic controllers 101
9.2.6.1.1 Find application in optimizing traffic flow 101
9.2.6.2 Variable message signboards 101
9.2.6.2.1 Safety considerations to drive adoption 101
9.3 SOFTWARE 102
9.3.1 VISUALIZATION SOFTWARE 103
9.3.1.1 Increasing complexity of transportation networks to drive segment 103
9.3.2 VIDEO DETECTION MANAGEMENT SOFTWARE 103
9.3.2.1 Segment propelled by necessity to enhance traffic monitoring 103
9.3.3 TRANSIT MANAGEMENT SOFTWARE 104
9.3.3.1 Increasing use to streamline operations and management of public transit systems 104
9.3.4 OTHERS 104
9.4 SERVICES 104
9.4.1 BUSINESS & CLOUD SERVICES 105
9.4.1.1 Flexibility and scalability to drive growth 105
9.4.2 SUPPORT & MAINTENANCE SERVICES 105
9.4.2.1 Ensure performance of ITS components 105
10 INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,
BY SYSTEM 106
10.1 INTRODUCTION 107
10.2 ADVANCED TRAFFIC MANAGEMENT 109
10.2.1 INCREASING DEMAND DUE TO RAPID URBANIZATION 109
10.3 ADVANCED TRAVELER INFORMATION 110
10.3.1 GROWING USE TO IMPROVE TRAFFIC EFFICIENCY 110
10.4 ITS-ENABLED TRANSPORTATION PRICING 111
10.4.1 REDUCED TRANSPORT CONGESTION - KEY DRIVER 111
10.5 ADVANCED PUBLIC TRANSPORTATION SYSTEM 113
10.5.1 TECHNOLOGICAL ADVANCEMENTS IN TRANSPORTATION TO DRIVE GROWTH 113
10.6 COMMERCIAL VEHICLE OPERATIONS 114
10.6.1 NEED FOR STREAMLINED OPERATIONS TO INCREASE USAGE 114
11 INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,
BY APPLICATION 116
11.1 INTRODUCTION 117
11.2 FLEET MANAGEMENT & ASSET MONITORING 119
11.2.1 REGULATORY COMPLIANCE AND SAFETY REQUIREMENTS TO FUEL DEMAND 119
11.3 INTELLIGENT TRAFFIC CONTROL 119
11.3.1 TRAFFIC MONITORING SYSTEMS 120
11.3.1.1 Rapid urbanization to drive demand 120
11.3.2 TRAFFIC SIGNAL CONTROL SYSTEMS 120
11.3.2.1 Technological advancements to lead to high demand 120
11.3.3 TRAFFIC ENFORCEMENT CAMERAS 121
11.3.3.1 Emerging as effective solution to traffic management 121
11.3.4 VARIABLE TRAFFIC MESSAGE SIGNBOARDS 121
11.3.4.1 Growing use due to versatility 121
11.4 COLLISION AVOIDANCE 121
11.4.1 INCREASE IN ROAD SAFETY CONCERNS TO BOOST GROWTH 121
11.5 PARKING MANAGEMENT 122
11.5.1 URBANIZATION AND TECHNOLOGICAL ADVANCEMENTS TO DRIVE DEMAND 122
11.6 PASSENGER INFORMATION MANAGEMENT 123
11.6.1 AVAILABILITY OF REAL-TIME DATA AT EVERY STOP - KEY DRIVER 123
11.7 TICKETING MANAGEMENT 124
11.7.1 INCREASING USE DUE TO OPERATIONAL EFFICIENCY 124
11.8 EMERGENCY VEHICLE NOTIFICATION 124
11.8.1 COMMUNICATION OF APPROACHING EMERGENCY VEHICLES
TO DRIVE GROWTH 124
11.9 AUTOMOTIVE TELEMATICS 125
11.9.1 STREAMLINED FLEET MANAGEMENT TO INCREASE DEMAND 125
12 INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR RAILWAYS,
BY APPLICATION 127
12.1 INTRODUCTION 128
12.2 RAIL-RUNNING OPERATION & COLLISION AVOIDANCE 130
12.2.1 SAFETY REGULATIONS TO DRIVE SEGMENT GROWTH 130
12.3 PASSENGER INFORMATION MANAGEMENT 130
12.3.1 GROWING USAGE TO MEET CUSTOMER DEMAND FOR INSTANT INFORMATION 130
12.4 SMART TICKETING 131
12.4.1 INCREASING USE TO ENHANCE OPERATIONAL EFFICIENCY 131
12.5 SECURITY & SURVEILLANCE 132
12.5.1 VULNERABILITY TO SECURITY THREATS NECESSITATES USE 132
12.6 EMERGENCY NOTIFICATION 133
12.6.1 NEED FOR WIDE-SCALE COMMUNICATION IN EMERGENCIES TO DRIVE DEMAND 133
12.7 OTHER APPLICATIONS 134
13 INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR AVIATION,
BY APPLICATION 135
13.1 INTRODUCTION 136
13.2 SECURITY & SURVEILLANCE 138
13.2.1 RISING FOCUS ON SECURITY BY GOVERNMENTS TO DRIVE SEGMENT 138
13.3 SHUTTLE BUS TRACKING 139
13.3.1 RISING DEMAND FOR REAL-TIME BUS TRACKING TO AVOID DELAYS 139
13.4 TRAVELER INFORMATION MANAGEMENT 140
13.4.1 STRINGENT REGULATIONS BY AVIATION AUTHORITIES TO BOOST GROWTH 140
13.5 SMART TICKETING 141
13.5.1 INCREASING DEMAND FOR PASSENGER CONVENIENCE TO DRIVE SEGMENT 141
13.6 AIRCRAFT MANAGEMENT 142
13.6.1 EXPANDING GLOBAL FLEET OF PRIVATE AND CORPORATE AIRCRAFT TO DRIVE SEGMENT 142
13.7 EMERGENCY NOTIFICATION 143
13.7.1 SAFETY AND SECURITY CONCERNS LEAD TO ADOPTION OF EMERGENCY SYSTEMS 143
13.8 OTHER APPLICATIONS 144
14 INTELLIGENT TRANSPORTATION SYSTEM MARKET IN MARITIME,
BY APPLICATION 146
14.1 INTRODUCTION 147
14.2 FREIGHT ARRIVAL & TRANSIT 149
14.2.1 RISING INTERNATIONAL TRADE VOLUME TO FUEL DEMAND 149
14.3 REAL-TIME WEATHER INFORMATION TRACKING 150
14.3.1 RISING NEED TO INCREASE EFFICIENCY IN MARITIME OPERATIONS TO FUEL DEMAND 150
14.4 CONTAINER MOVEMENT SCHEDULING 150
14.4.1 INCREASING USAGE TO MITIGATE PORT CONGESTION 150
14.5 EMERGENCY NOTIFICATION 151
14.5.1 WIDE-SCALE ADOPTION TO MONITOR AND REDUCE CHANCES OF MARINE ACCIDENTS 151
14.6 OTHER APPLICATIONS 152
15 INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY REGION 154
15.1 INTRODUCTION 155
15.2 NORTH AMERICA 156
15.2.1 NORTH AMERICA: RECESSION IMPACT 159
15.2.2 US 159
15.2.2.1 Increasing public and private collaborations to drive market 159
15.2.3 CANADA 159
15.2.3.1 Government and private investments in intelligent transportation systems to drive growth 159
15.2.4 MEXICO 160
15.2.4.1 Modernization of public transit through ITS to boost market 160
15.3 EUROPE 160
15.3.1 EUROPE: RECESSION IMPACT 163
15.3.2 GERMANY 163
15.3.2.1 Collaborations to drive deployment of ITS products 163
15.3.3 FRANCE 164
15.3.3.1 Rising focus on sustainable mobility to drive demand 164
15.3.4 UK 164
15.3.4.1 Government and private partnerships for revival of public transportation to fuel growth 164
15.3.5 ITALY 164
15.3.5.1 Government initiatives to promote ITS to propel growth 164
15.3.6 SPAIN 165
15.3.6.1 EU aid to modernize transportation network to fuel growth 165
15.3.7 BELGIUM 165
15.3.7.1 Goal to achieve emission-free public transportation to drive demand 165
15.3.8 DENMARK 165
15.3.8.1 Developments in transportation system to boost market 165
15.3.9 AUSTRIA 165
15.3.9.1 Growing adoption of ITS to manage urban congestion 165
15.3.10 SWEDEN 166
15.3.10.1 Adoption of online standards to increase usage of ITS 166
15.3.11 REST OF EUROPE 166
15.4 ASIA PACIFIC 166
15.4.1 ASIA PACIFIC: RECESSION IMPACT 169
15.4.2 CHINA 169
15.4.2.1 Investment in R&D to drive market 169
15.4.3 JAPAN 169
15.4.3.1 Emphasis on innovation to drive market growth 169
15.4.4 INDIA 169
15.4.4.1 Indigenous ITS solutions by government to boost market 169
15.4.5 SOUTH KOREA 170
15.4.5.1 Government initiatives for cooperative ITS to drive market 170
15.4.6 AUSTRALIA 170
15.4.6.1 Upgrades to existing ITS to fuel growth 170
15.4.7 REST OF ASIA PACIFIC 170
?
15.5 REST OF THE WORLD 170
15.5.1 ROW: RECESSION IMPACT 172
15.5.1.1 GCC Countries 173
15.5.1.1.1 Road safety concerns and demand for accessible transportation options to fuel market 173
15.5.1.2 Rest of Middle East 173
15.5.1.2.1 Rapid urbanization to drive market 173
15.5.2 SOUTH AMERICA 174
15.5.2.1 Growing economy and government investments to drive market growth 174
16 COMPETITIVE LANDSCAPE 175
16.1 OVERVIEW 175
16.2 KEY PLAYER STRATEGIES 175
16.2.1 PRODUCT PORTFOLIO 176
16.2.2 REGIONAL FOCUS 176
16.2.3 MANUFACTURING FOOTPRINT 176
16.2.4 ORGANIC/INORGANIC STRATEGIES 176
16.3 REVENUE ANALYSIS OF TOP COMPANIES 176
16.4 MARKET SHARE ANALYSIS 177
16.5 COMPANY VALUATION AND FINANCIAL METRICS 180
16.6 BRAND/PRODUCT COMPARISON 181
16.7 COMPANY EVALUATION MATRIX: KEY PLAYERS 181
16.7.1 STARS 181
16.7.2 EMERGING LEADERS 182
16.7.3 PERVASIVE PLAYERS 182
16.7.4 PARTICIPANTS 182
16.7.5 COMPANY FOOTPRINT 184
16.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES 189
16.8.1 PROGRESSIVE COMPANIES 189
16.8.2 RESPONSIVE COMPANIES 189
16.8.3 DYNAMIC COMPANIES 189
16.8.4 STARTING BLOCKS 189
16.8.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 191
16.9 COMPETITIVE SCENARIO 193
16.9.1 PRODUCT LAUNCHES 193
16.9.2 DEALS 194
16.9.3 EXPANSIONS 198
16.9.4 OTHER DEVELOPMENTS 198
?
17 COMPANY PROFILES 202
17.1 KEY PLAYERS 202
17.1.1 SIEMENS 202
17.1.1.1 Business overview 202
17.1.1.2 Products/Solutions/Services offered 204
17.1.1.3 Recent developments 205
17.1.1.3.1 Other developments 205
17.1.1.4 MnM view 206
17.1.1.4.1 Right to win 206
17.1.1.4.2 Strategic choices 206
17.1.1.4.3 Weaknesses and competitive threats 206
17.1.2 HITACHI, LTD. 207
17.1.2.1 Business overview 207
17.1.2.2 Products/Solutions/Services offered 209
17.1.2.3 Recent developments 210
17.1.2.3.1 Deals 210
17.1.2.3.2 Other developments 210
17.1.2.4 MnM view 210
17.1.2.4.1 Right to win 210
17.1.2.4.2 Strategic choices 210
17.1.2.4.3 Weaknesses and competitive threats 211
17.1.3 CUBIC CORPORATION 212
17.1.3.1 Business overview 212
17.1.3.2 Products/Solutions/Services offered 212
17.1.3.3 Recent developments 214
17.1.3.3.1 Product launches 214
17.1.3.3.2 Deals 214
17.1.3.3.3 Expansions 215
17.1.3.3.4 Other developments 215
17.1.3.4 MnM view 216
17.1.3.4.1 Right to win 216
17.1.3.4.2 Strategic choices 216
17.1.3.4.3 Weaknesses and competitive threats 216
17.1.4 CONDUENT, INC. 217
17.1.4.1 Business overview 217
17.1.4.2 Products/Solutions/Services offered 218
17.1.4.3 Recent developments 220
17.1.4.3.1 Other developments 220
17.1.4.4 MnM view 221
17.1.4.4.1 Right to win 221
17.1.4.4.2 Strategic choices 221
17.1.4.4.3 Weaknesses and competitive threats 221
17.1.5 KAPSCH TRAFFICCOM AG 222
17.1.5.1 Business overview 222
17.1.5.2 Products/Solutions/Services offered 224
17.1.5.3 Recent developments 225
17.1.5.3.1 Deals 225
17.1.5.3.2 Other developments 225
17.1.5.4 MnM view 226
17.1.5.4.1 Right to win 226
17.1.5.4.2 Strategic choices 226
17.1.5.4.3 Weaknesses and competitive threats 226
17.1.6 DENSO CORPORATION 227
17.1.6.1 Business overview 227
17.1.6.2 Products/Solutions/Services offered 229
17.1.6.3 Recent developments 230
17.1.6.3.1 Product Launches 230
17.1.6.3.2 Other Developments 230
17.1.7 TELEDYNE TECHNOLOGIES INCORPORATED 231
17.1.7.1 Business overview 231
17.1.7.2 Products/Solutions/Services offered 233
17.1.7.3 Recent developments 234
17.1.7.3.1 Product Launches 234
17.1.7.3.2 Deals 234
17.1.7.3.3 Expansions 235
17.1.8 INDRA SISTEMAS, S.A. 236
17.1.8.1 Business overview 236
17.1.8.2 Products/Solutions/Services offered 238
17.1.8.3 Recent developments 239
17.1.8.3.1 Deals 239
17.1.8.3.2 Other developments 240
17.1.9 GARMIN LTD. 241
17.1.9.1 Business overview 241
17.1.9.2 Products/Solutions/Services offered 243
17.1.9.3 Recent developments 245
17.1.9.3.1 Deals 245
17.1.10 TOMTOM INTERNATIONAL BV 246
17.1.10.1 Business overview 246
17.1.10.2 Products/Solutions/Services offered 248
17.1.10.3 Recent developments 249
17.1.10.3.1 Product Launches 249
17.1.10.3.2 Deals 249
17.1.10.3.3 Expansions 250
17.1.10.3.4 Other developments 251
17.2 OTHER PLAYERS 251
17.2.1 VERRA MOBILITY 251
17.2.2 SWARCO 252
17.2.3 ST ENGINEERING 253
17.2.4 ITERIS, INC. 254
17.2.5 Q-FREE 255
17.2.6 SERCO GROUP PLC 256
17.2.7 EFKON GMBH 257
17.2.8 LANNER 258
17.2.9 SENSYS GATSO GROUP AB 259
17.2.10 TAGMASTER 260
17.2.11 RICARDO 261
17.2.12 TRANSMAX PTY LTD. 262
17.2.13 DAKTRONICS, INC. 263
17.2.14 GEOTOLL 264
17.2.15 CELLINT 265
18 ADJACENT MARKET 266
18.1 INTRODUCTION 266
18.2 ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY 266
18.3 RADIO-FREQUENCY IDENTIFICATION 267
18.3.1 LARGE-SCALE UTILIZATION IN ETC SYSTEMS TO ACCELERATE
SEGMENT GROWTH 267
18.4 DEDICATED SHORT-RANGE COMMUNICATION 269
18.4.1 HIGH ADOPTION OF DSRC TECHNOLOGY-BASED ETC SYSTEMS IN EUROPE TO FUEL MARKET GROWTH 269
18.5 OTHER TECHNOLOGIES 270
19 APPENDIX 272
19.1 INSIGHTS FROM INDUSTRY EXPERTS 272
19.2 DISCUSSION GUIDE 273
19.3 KNOWLEDGESTORE: MARKETSANDMARKETS� SUBSCRIPTION PORTAL 277
19.4 CUSTOMIZATION OPTIONS 279
19.5 RELATED REPORTS 279
19.6 AUTHOR DETAILS 280

TABLE 1 INTELLIGENT TRANSPORTATION SYSTEM MARKET: RESEARCH ASSUMPTIONS 40
TABLE 2 INTELLIGENT TRANSPORT SYSTEM MARKET: ROLE IN ECOSYSTEM 57
TABLE 3 AVERAGE SELLING PRICE OF ITS HARDWARE, BY TYPE 59
TABLE 4 INTELLIGENT TRANSPORT SYSTEM MARKET: PORTER'S FIVE FORCES ANALYSIS 65
TABLE 5 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY MODE (%) 67
TABLE 6 KEY BUYING CRITERIA FOR MODES 68
TABLE 7 PATENTS IN INTELLIGENT TRANSPORTATION SYSTEM MARKET 73
TABLE 8 INTELLIGENT TRANSPORT SYSTEM MARKET: CONFERENCES & EVENTS,
2024 & 2025 75
TABLE 9 MFN TARIFF FOR HS CODE 8530-COMPLIANT PRODUCTS EXPORTED BY GERMANY 76
TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 76
TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 77
TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 78
TABLE 13 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 78
TABLE 14 SAFETY STANDARDS FOR INTELLIGENT TRANSPORT SYSTEM 79
TABLE 15 INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE,
2020-2023 (USD MILLION) 87
TABLE 16 INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE,
2024-2029 (USD MILLION) 87
TABLE 17 ROADWAYS: INTELLIGENT TRANSPORTATION SYSTEM MARKET,
BY OFFERING, 2020-2023 (USD MILLION) 91
TABLE 18 ROADWAYS: INTELLIGENT TRANSPORTATION SYSTEM MARKET,
BY OFFERING, 2024-2029 (USD MILLION) 92
TABLE 19 ROADWAYS: ITS MARKET FOR HARDWARE OFFERINGS, BY TYPE,
2020-2023 (USD MILLION) 93
TABLE 20 ROADWAYS: ITS MARKET FOR HARDWARE OFFERINGS, BY TYPE,
2024-2029 (USD MILLION) 94
TABLE 21 ROADWAYS: ITS HARDWARE MARKET, BY TYPE, 2020-2023 (THOUSAND UNITS) 94
TABLE 22 ROADWAYS: ITS HARDWARE MARKET, BY TYPE, 2024-2029 (THOUSAND UNITS) 94
TABLE 23 ROADWAYS: ITS HARDWARE MARKET FOR INTERFACE BOARDS, BY TYPE,
2020-2023 (USD MILLION) 95
TABLE 24 ROADWAYS: ITS HARDWARE MARKET FOR INTERFACE BOARDS, BY TYPE,
2024-2029 (USD MILLION) 96
TABLE 25 ROADWAYS: ITS HARDWARE MARKET FOR SENSORS, BY TYPE,
2020-2023 (USD MILLION) 97
TABLE 26 ROADWAYS: ITS HARDWARE MARKET FOR SENSORS, BY TYPE,
2024-2029 (USD MILLION) 97
TABLE 27 ROADWAYS: ITS HARDWARE MARKET FOR SURVEILLANCE CAMERAS,
BY TYPE, 2020-2023 (USD MILLION) 98
TABLE 28 ROADWAYS: ITS HARDWARE MARKET FOR SURVEILLANCE CAMERAS,
BY TYPE, 2024-2029 (USD MILLION) 98
TABLE 29 ROADWAYS: ITS HARDWARE MARKET FOR TELECOMMUNICATION NETWORKS,
BY TYPE, 2020-2023 (USD MILLION) 99
TABLE 30 ROADWAYS: ITS HARDWARE MARKET FOR TELECOMMUNICATION NETWORKS,
BY TYPE, 2024-2029 (USD MILLION) 99
TABLE 31 ROADWAYS: ITS HARDWARE MARKET FOR MONITORING & DETECTION SYSTEMS, BY TYPE, 2020-2023 (USD MILLION) 100
TABLE 32 ROADWAYS: ITS HARDWARE MARKET FOR MONITORING & DETECTION SYSTEM,
BY TYPE, 2024-2029 (USD MILLION) 101
TABLE 33 ROADWAYS: ITS MARKET FOR OTHER HARDWARE OFFERINGS, BY TYPE,
2020-2023 (USD MILLION) 101
TABLE 34 ROADWAYS: ITS MARKET FOR OTHER HARDWARE OFFERINGS, BY TYPE,
2024-2029 (USD MILLION) 102
TABLE 35 ROADWAYS: ITS MARKET FOR SOFTWARE OFFERINGS, BY TYPE,
2020-2023 (USD MILLION) 103
TABLE 36 ROADWAYS: ITS MARKET FOR SOFTWARE OFFERINGS, BY TYPE,
2024-2029 (USD MILLION) 103
TABLE 37 ROADWAYS: ITS MARKET FOR SERVICE OFFERINGS, BY TYPE,
2020-2023 (USD MILLION) 104
TABLE 38 ROADWAYS: ITS MARKET FOR SERVICE OFFERINGS, BY TYPE,
2024-2029 (USD MILLION) 105
TABLE 39 ROADWAYS: ITS MARKET, BY SYSTEM, 2020-2023 (USD MILLION) 108
TABLE 40 ROADWAYS: ITS MARKET, BY SYSTEM, 2024-2029 (USD MILLION) 108
TABLE 41 ROADWAYS: ITS MARKET FOR ADVANCED TRAFFIC MANAGEMENT,
BY APPLICATION, 2020-2023 (USD MILLION) 109
TABLE 42 ROADWAYS: ITS MARKET FOR ADVANCED TRAFFIC MANAGEMENT,
BY APPLICATION, 2024-2029 (USD MILLION) 109
TABLE 43 ROADWAYS: ITS MARKET FOR ADVANCED TRAFFIC MANAGEMENT, BY REGION, 2020-2023 (USD MILLION) 110
TABLE 44 ROADWAYS: ITS MARKET FOR ADVANCED TRAFFIC MANAGEMENT, BY REGION, 2024-2029 (USD MILLION) 110
TABLE 45 ROADWAYS: ITS MARKET FOR ADVANCED TRAVELER INFORMATION,
BY APPLICATION, 2020-2023 (USD MILLION) 110
TABLE 46 ROADWAYS: ITS MARKET FOR ADVANCED TRAVELER INFORMATION,
BY APPLICATION, 2024-2029 (USD MILLION) 111
TABLE 47 ROADWAYS: ITS MARKET FOR ADVANCED TRAVELER INFORMATION, BY REGION, 2020-2023 (USD MILLION) 111
TABLE 48 ROADWAYS: ITS MARKET FOR ADVANCED TRAVELER INFORMATION, BY REGION, 2024-2029 (USD MILLION) 111
TABLE 49 ROADWAYS: ITS MARKET FOR ITS-ENABLED TRANSPORTATION PRICING,
BY APPLICATION, 2020-2023 (USD MILLION) 112
TABLE 50 ROADWAYS: ITS MARKET FOR ITS-ENABLED TRANSPORTATION PRICING,
BY APPLICATION, 2024-2029 (USD MILLION) 112
TABLE 51 ROADWAYS: ITS MARKET FOR ITS-ENABLED TRANSPORTATION PRICING,
BY REGION, 2020-2023 (USD MILLION) 112
TABLE 52 ROADWAYS: ITS MARKET FOR ITS-ENABLED TRANSPORTATION PRICING,
BY REGION, 2024-2029 (USD MILLION) 112
TABLE 53 ROADWAYS: ITS MARKET FOR ADVANCED PUBLIC TRANSPORTATION,
BY APPLICATION, 2020-2023 (USD MILLION) 113
TABLE 54 ROADWAYS: ITS MARKET FOR ADVANCED PUBLIC TRANSPORTATION,
BY APPLICATION, 2024-2029 (USD MILLION) 113
TABLE 55 ROADWAYS: ITS MARKET FOR ADVANCED PUBLIC TRANSPORTATION, BY REGION, 2020-2023 (USD MILLION) 114
TABLE 56 ROADWAYS: ITS MARKET FOR ADVANCED PUBLIC TRANSPORTATION, BY REGION, 2024-2029 (USD MILLION) 114
TABLE 57 ROADWAYS: ITS MARKET FOR COMMERCIAL VEHICLE OPERATIONS,
BY APPLICATION, 2020-2023 (USD MILLION) 114
TABLE 58 ROADWAYS: ITS MARKET FOR COMMERCIAL VEHICLE OPERATIONS,
BY APPLICATION, 2024-2029 (USD MILLION) 115
TABLE 59 ROADWAYS: ITS MARKET FOR COMMERCIAL VEHICLE OPERATIONS, BY REGION, 2020-2023 (USD MILLION) 115
TABLE 60 ROADWAYS: ITS MARKET FOR COMMERCIAL VEHICLE OPERATIONS, BY REGION, 2024-2029 (USD MILLION) 115
TABLE 61 ROADWAYS: ITS MARKET, BY APPLICATION, 2020-2023 (USD MILLION) 118
TABLE 62 ROADWAYS: ITS MARKET, BY APPLICATION, 2024-2029 (USD MILLION) 118
TABLE 63 ROADWAYS: ITS MARKET FOR FLEET MANAGEMENT & ASSET MONITORING,
BY SYSTEM, 2020-2023 (USD MILLION) 119
TABLE 64 ROADWAYS: ITS MARKET FOR FLEET MANAGEMENT & ASSET MONITORING,
BY SYSTEM, 2024-2029 (USD MILLION) 119
TABLE 65 ROADWAYS: ITS MARKET FOR INTELLIGENT TRAFFIC CONTROL, BY TYPE,
2020-2023 (USD MILLION) 120
TABLE 66 ROADWAYS: ITS MARKET FOR INTELLIGENT TRAFFIC CONTROL, BY TYPE,
2024-2029 (USD MILLION) 120
TABLE 67 ROADWAYS: ITS MARKET FOR INTELLIGENT TRAFFIC CONTROL, BY SYSTEM, 2020-2023 (USD MILLION) 121
TABLE 68 ROADWAYS: ITS MARKET FOR INTELLIGENT TRAFFIC CONTROL, BY SYSTEM, 2024-2029 (USD MILLION) 121
TABLE 69 ROADWAYS: ITS MARKET FOR COLLISION AVOIDANCE, BY SYSTEM,
2020-2023 (USD MILLION) 122
TABLE 70 ROADWAYS: ITS MARKET FOR COLLISION AVOIDANCE, BY SYSTEM,
2024-2029 (USD MILLION) 122
TABLE 71 ROADWAYS: ITS MARKET FOR PARKING MANAGEMENT, BY SYSTEM,
2020-2023 (USD MILLION) 122
TABLE 72 ROADWAYS: ITS MARKET FOR PARKING MANAGEMENT, BY SYSTEM,
2024-2029 (USD MILLION) 123
TABLE 73 ROADWAYS: ITS MARKET FOR PASSENGER INFORMATION MANAGEMENT,
BY SYSTEM, 2020-2023 (USD MILLION) 123
TABLE 74 ROADWAYS: ITS MARKET FOR PASSENGER INFORMATION MANAGEMENT,
BY SYSTEM, 2024-2029 (USD MILLION) 123
TABLE 75 ROADWAYS: ITS MARKET FOR TICKETING MANAGEMENT, BY SYSTEM,
2020-2023 (USD MILLION) 124
TABLE 76 ROADWAYS: ITS MARKET FOR TICKETING MANAGEMENT, BY SYSTEM,
2024-2029 (USD MILLION) 124
TABLE 77 ROADWAYS: ITS MARKET FOR EMERGENCY VEHICLE NOTIFICATION, BY SYSTEM, 2020-2023 (USD MILLION) 125
TABLE 78 ROADWAYS: ITS MARKET FOR EMERGENCY VEHICLE NOTIFICATION, BY SYSTEM, 2024-2029 (USD MILLION) 125
TABLE 79 ROADWAYS: ITS MARKET FOR AUTOMOTIVE TELEMATICS, BY SYSTEM,
2020-2023 (USD MILLION) 125
TABLE 80 ROADWAYS: ITS MARKET FOR AUTOMOTIVE TELEMATICS, BY SYSTEM,
2024-2029 (USD MILLION) 126
TABLE 81 ITS MARKET FOR RAILWAYS, BY APPLICATION, 2020-2023 (USD MILLION) 129
TABLE 82 ITS MARKET FOR RAILWAYS, BY APPLICATION, 2024-2029 (USD MILLION) 129
TABLE 83 RAILWAYS: ITS MARKET FOR RAIL-RUNNING OPERATION & COLLISION AVOIDANCE, BY REGION, 2020-2023 (USD MILLION) 130
TABLE 84 RAILWAYS: ITS MARKET FOR RAIL-RUNNING OPERATION & COLLISION AVOIDANCE, BY REGION, 2024-2029 (USD MILLION) 130
TABLE 85 RAILWAYS: ITS MARKET FOR PASSENGER INFORMATION MANAGEMENT,
BY REGION, 2020-2023 (USD MILLION) 131
TABLE 86 RAILWAYS: ITS MARKET FOR PASSENGER INFORMATION MANAGEMENT,
BY REGION, 2024-2029 (USD MILLION) 131
TABLE 87 RAILWAYS: ITS MARKET FOR SMART TICKETING, BY REGION,
2020-2023 (USD MILLION) 132
TABLE 88 RAILWAYS: ITS MARKET FOR SMART TICKETING, BY REGION,
2024-2029 (USD MILLION) 132
TABLE 89 RAILWAYS: ITS MARKET FOR SECURITY & SURVEILLANCE, BY REGION,
2020-2023 (USD MILLION) 133
TABLE 90 RAILWAYS: ITS MARKET FOR SECURITY & SURVEILLANCE, BY REGION,
2024-2029 (USD MILLION) 133
TABLE 91 RAILWAYS: ITS MARKET FOR EMERGENCY NOTIFICATION, BY REGION,
2020-2023 (USD MILLION) 133
TABLE 92 RAILWAYS: ITS MARKET FOR EMERGENCY NOTIFICATION, BY REGION,
2024-2029 (USD MILLION) 134
TABLE 93 RAILWAYS: ITS MARKET FOR OTHER APPLICATIONS, BY REGION,
2020-2023 (USD MILLION) 134
TABLE 94 RAILWAYS: ITS MARKET FOR OTHER APPLICATIONS, BY REGION,
2024-2029 (USD MILLION) 134
TABLE 95 ITS MARKET FOR AVIATION, BY APPLICATION, 2020-2023 (USD MILLION) 137
TABLE 96 ITS MARKET FOR AVIATION, BY APPLICATION, 2024-2029 (USD MILLION) 137
TABLE 97 AVIATION: ITS MARKET FOR SECURITY & SURVEILLANCE, BY REGION,
2020-2023 (USD MILLION) 138
TABLE 98 AVIATION: ITS MARKET FOR SECURITY & SURVEILLANCE, BY REGION,
2024-2029 (USD MILLION) 139
TABLE 99 AVIATION: ITS MARKET FOR SHUTTLE BUS TRACKING, BY REGION,
2020-2023 (USD MILLION) 139
TABLE 100 AVIATION: ITS MARKET FOR SHUTTLE BUS TRACKING, BY REGION,
2024-2029 (USD MILLION) 140
TABLE 101 AVIATION: ITS MARKET FOR TRAVELER INFORMATION MANAGEMENT, BY REGION, 2020-2023 (USD MILLION) 140
TABLE 102 AVIATION: ITS MARKET FOR TRAVELER INFORMATION MANAGEMENT, BY REGION, 2024-2029 (USD MILLION) 141
TABLE 103 AVIATION: ITS MARKET FOR SMART TICKETING, BY REGION,
2020-2023 (USD MILLION) 141
TABLE 104 AVIATION: ITS MARKET FOR SMART TICKETING, BY REGION,
2024-2029 (USD MILLION) 142
TABLE 105 AVIATION: ITS MARKET FOR AIRCRAFT MANAGEMENT, BY REGION,
2020-2023 (USD MILLION) 142
TABLE 106 AVIATION: ITS MARKET FOR AIRCRAFT MANAGEMENT, BY REGION,
2024-2029 (USD MILLION) 143
TABLE 107 AVIATION: ITS MARKET FOR EMERGENCY NOTIFICATION, BY REGION,
2020-2023 (USD MILLION) 143
TABLE 108 AVIATION: ITS MARKET FOR EMERGENCY NOTIFICATION, BY REGION,
2024-2029 (USD MILLION) 144
TABLE 109 AVIATION: ITS MARKET FOR OTHER APPLICATIONS, BY REGION,
2020-2023 (USD MILLION) 144
TABLE 110 AVIATION: ITS MARKET FOR OTHER APPLICATIONS, BY REGION,
2024-2029 (USD MILLION) 145
TABLE 111 MARITIME: ITS MARKET, BY APPLICATION, 2020-2023 (USD MILLION) 148
TABLE 112 MARITIME: ITS MARKET, BY APPLICATION, 2024-2029 (USD MILLION) 148
TABLE 113 MARITIME: ITS MARKET FOR FREIGHT ARRIVAL & TRANSIT, BY REGION,
2020-2023 (USD MILLION) 149
TABLE 114 MARITIME: ITS MARKET FOR FREIGHT ARRIVAL & TRANSIT, BY REGION,
2024-2029 (USD MILLION) 149
TABLE 115 MARITIME: ITS MARKET FOR REAL-TIME WEATHER INFORMATION TRACKING,
BY REGION, 2020-2023 (USD MILLION) 150
TABLE 116 MARITIME: ITS MARKET FOR REAL-TIME WEATHER INFORMATION TRACKING,
BY REGION, 2024-2029 (USD MILLION) 150
TABLE 117 MARITIME: ITS MARKET FOR CONTAINER MOVEMENT SCHEDULING,
BY REGION, 2020-2023 (USD MILLION) 151
TABLE 118 MARITIME: ITS MARKET FOR CONTAINER MOVEMENT SCHEDULING,
BY REGION, 2024-2029 (USD MILLION) 151
TABLE 119 MARITIME: ITS MARKET FOR EMERGENCY NOTIFICATION, BY REGION,
2020-2023 (USD MILLION) 152
TABLE 120 MARITIME: ITS MARKET FOR EMERGENCY NOTIFICATION, BY REGION,
2024-2029 (USD MILLION) 152
TABLE 121 MARITIME: ITS MARKET FOR OTHER APPLICATIONS, BY REGION,
2020-2023 (USD MILLION) 152
TABLE 122 MARITIME: ITS MARKET FOR OTHER APPLICATIONS, BY REGION,
2024-2029 (USD MILLION) 153
TABLE 123 INTELLIGENT TRANSPORT SYSTEM MARKET, BY REGION,
2020-2023 (USD MILLION) 155
TABLE 124 INTELLIGENT TRANSPORT SYSTEM MARKET, BY REGION,
2024-2029 (USD MILLION) 156
TABLE 125 NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM, 2020-2023 (USD MILLION) 157
TABLE 126 NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM, 2024-2029 (USD MILLION) 158
TABLE 127 NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 158
TABLE 128 NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 158
TABLE 129 EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,
BY SYSTEM, 2020-2023 (USD MILLION) 162
TABLE 130 EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,
BY SYSTEM, 2024-2029 (USD MILLION) 162
TABLE 131 EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY,
2020-2023 (USD MILLION) 162
TABLE 132 EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY,
2024-2029 (USD MILLION) 163
TABLE 133 ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM, 2020-2023 (USD MILLION) 167
TABLE 134 ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS, BY SYSTEM, 2024-2029 (USD MILLION) 168
TABLE 135 ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 168
TABLE 136 ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 168
TABLE 137 ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,
BY SYSTEM, 2020-2023 (USD MILLION) 171
TABLE 138 ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET FOR ROADWAYS,
BY SYSTEM, 2024-2029 (USD MILLION) 171
TABLE 139 ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY REGION,
2020-2023 (USD MILLION) 171
TABLE 140 ROW: INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY COUNTRY,
2024-2029 (USD MILLION) 172
TABLE 141 MIDDLE EAST & AFRICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET,
BY COUNTRY, 2020-2023 (USD MILLION) 172
TABLE 142 MIDDLE EAST & AFRICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET,
BY COUNTRY, 2024-2029 (USD MILLION) 173
TABLE 143 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN INTELLIGENT TRANSPORTATION SYSTEM 175
TABLE 144 DEGREE OF COMPETITION IN INTELLIGENT TRANSPORTATION SYSTEM
MARKET, 2023 177
TABLE 145 INTELLIGENT TRANSPORTATION SYSTEM MARKET: MODE FOOTPRINT 185
TABLE 146 INTELLIGENT TRANSPORTATION SYSTEM MARKET: OFFERING FOOTPRINT 186
TABLE 147 INTELLIGENT TRANSPORTATION SYSTEM MARKET: ROADWAY SYSTEM FOOTPRINT 187
TABLE 148 INTELLIGENT TRANSPORTATION SYSTEM MARKET: REGION FOOTPRINT 188
TABLE 149 INTELLIGENT TRANSPORTATION SYSTEM MARKET: KEY STARTUPS/SMES 191
TABLE 150 INTELLIGENT TRANSPORTATION SYSTEM MARKET: MODE FOOTPRINT
(KEY STARTUPS/SMES) 191
TABLE 151 INTELLIGENT TRANSPORTATION SYSTEM MARKET: OFFERING FOOTPRINT
(KEY STARTUPS/SMES) 192
TABLE 152 INTELLIGENT TRANSPORTATION SYSTEM MARKET: ROADWAYS, BY SYSTEM
(KEY STARTUPS/SMES) 192
TABLE 153 INTELLIGENT TRANSPORTATION SYSTEM MARKET: REGION FOOTPRINT
(KEY STARTUPS/SMES) 193
TABLE 154 INTELLIGENT TRANSPORTATION SYSTEM MARKET: PRODUCT LAUNCHES, 2021?2023 193
TABLE 155 INTELLIGENT TRANSPORTATION SYSTEM MARKET: DEALS, 2021-2023 194
TABLE 156 INTELLIGENT TRANSPORTATION SYSTEM: EXPANSIONS, 2021-2023 198
TABLE 157 INTELLIGENT TRANSPORTATION SYSTEM: OTHER DEVELOPMENTS, 2021-2023 198
TABLE 158 SIEMENS: COMPANY OVERVIEW 202
TABLE 159 SIEMENS: OTHER DEVELOPMENTS 205
TABLE 160 HITACHI, LTD.: COMPANY OVERVIEW 207
TABLE 161 HITACHI, LTD.: DEALS 210
TABLE 162 HITACHI, LTD.: OTHER DEVELOPMENTS 210
TABLE 163 CUBIC CORPORATION: COMPANY OVERVIEW 212
TABLE 164 CUBIC CORPORATION: PRODUCT LAUNCHES 214
TABLE 165 CUBIC CORPORATION: DEALS 214
TABLE 166 CUBIC CORPORATION: EXPANSIONS 215
TABLE 167 CUBIC CORPORATION: OTHER DEVELOPMENTS 215
TABLE 168 CONDUENT, INC.: COMPANY OVERVIEW 217
TABLE 169 CONDUENT, INC.: OTHER DEVELOPMENTS 220
TABLE 170 KAPSCH TRAFFICCOM AG: COMPANY OVERVIEW 222
TABLE 171 KAPSCH TRAFFICCOM AG : DEALS 225
TABLE 172 KAPSCH TRAFFICCOM AG: OTHER DEVELOPMENTS 225
TABLE 173 DENSO CORPORATION: COMPANY OVERVIEW 227
TABLE 174 DENSO CORPORATION: PRODUCT LAUNCHES 230
TABLE 175 DENSO CORPORATION: OTHER DEVELOPMENTS 230
TABLE 176 TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY OVERVIEW 231
TABLE 177 TELEDYNE TECHNOLOGIES INCORPORATED: PRODUCT LAUNCHES 234
TABLE 178 TELEDYNE TECHNOLOGIES INCORPORATED: DEALS 234
TABLE 179 TELEDYNE TECHNOLOGIES INCORPORATED: EXPANSIONS 235
TABLE 180 INDRA SISTEMAS, S.A.: COMPANY OVERVIEW 236
TABLE 181 INDRA SISTEMAS, S.A.: DEALS 239
TABLE 182 INDRA SISTEMAS, S.A.: OTHER DEVELOPMENTS 240
TABLE 183 GARMIN LTD.: COMPANY OVERVIEW 241
TABLE 184 GARMIN LTD.: DEALS 245
TABLE 185 TOMTOM INTERNATIONAL BV: COMPANY OVERVIEW 246
TABLE 186 TOMTOM INTERNATIONAL BV: PRODUCT LAUNCHES 249
TABLE 187 TOMTOM INTERNATIONAL BV: DEALS 249
TABLE 188 TOMTOM INTERNATIONAL BV: EXPANSIONS 250
TABLE 189 TOMTOM INTERNATIONAL BV: OTHER DEVELOPMENTS 251
TABLE 190 ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY,
2020-2023 (USD MILLION) 266
TABLE 191 ELECTRONIC TOLL COLLECTION MARKET, BY TECHNOLOGY,
2024-2029 (USD MILLION) 267

FIGURE 1 INTELLIGENT TRANSPORTATION SYSTEM MARKET SEGMENTATION 28
FIGURE 2 INTELLIGENT TRANSPORTATION SYSTEM MARKET: RESEARCH DESIGN 31
FIGURE 3 REVENUE GENERATED BY COMPANIES FROM SALE OF INTELLIGENT TRANSPORTATION SYSTEMS 36
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 38
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 39
FIGURE 6 INTELLIGENT TRANSPORTATION SYSTEM MARKET: DATA TRIANGULATION 39
FIGURE 7 ROADWAYS SEGMENT EXPECTED TO DOMINATE IN 2024 43
FIGURE 8 SOFTWARE OFFERINGS TO GROW FASTEST IN FORECAST PERIOD 43
FIGURE 9 AUTOMOTIVE TELEMATICS TO WITNESS HIGHEST CAGR
DURING FORECAST PERIOD 44
FIGURE 10 ASIA PACIFIC TO BE FASTEST-GROWING REGIONAL MARKET
DURING FORECAST PERIOD 44
FIGURE 11 RAPID URBANIZATION AND DEVELOPMENT OF SMART CITIES
TO FUEL DEMAND FOR INTELLIGENT TRANSPORTATION SYSTEMS 46
FIGURE 12 AVIATION SEGMENT TO GROW FASTEST DURING FORECAST PERIOD 46
FIGURE 13 HARDWARE TO HOLD DOMINANT SHARE DURING FORECAST PERIOD 47
FIGURE 14 TICKETING MANAGEMENT AND NORTH AMERICA TO BE LARGEST
SHAREHOLDERS BY 2029 47
FIGURE 15 ASIA PACIFIC TO REGISTER HIGHEST CAGR BETWEEN 2024 AND 2029 48
FIGURE 16 INTELLIGENT TRANSPORT SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 49
FIGURE 17 INTELLIGENT TRANSPORT SYSTEM MARKET: IMPACT ANALYSIS OF DRIVERS 52
FIGURE 18 INTELLIGENT TRANSPORT SYSTEM MARKET: IMPACT ANALYSIS OF RESTRAINTS 53
FIGURE 19 INTELLIGENT TRANSPORT SYSTEM MARKET: IMPACT ANALYSIS OF OPPORTUNITIES 54
FIGURE 20 INTELLIGENT TRANSPORT SYSTEM MARKET: IMPACT ANALYSIS OF CHALLENGES 55
FIGURE 21 INTELLIGENT TRANSPORT SYSTEM MARKET: VALUE CHAIN ANALYSIS 55
FIGURE 22 INTELLIGENT TRANSPORT SYSTEM MARKET: ECOSYSTEM 56
FIGURE 23 DEALS IN TRANSPORT SECTOR FOR STARTUPS 2019-2023 58
FIGURE 24 AVERAGE SELLING PRICE OF THERMAL CAMERAS BY KEY PLAYERS 58
FIGURE 25 AVERAGE SELLING PRICE OF THERMAL CAMERAS, BY REGION (USD) 59
FIGURE 26 REVENUE SHIFT IN INTELLIGENT TRANSPORT SYSTEM MARKET 60
FIGURE 27 INTELLIGENT TRANSPORT SYSTEM MARKET: PORTER'S FIVE FORCES ANALYSIS 65
FIGURE 28 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY MODE 67
FIGURE 29 KEY BUYING CRITERIA FOR MODES 68
FIGURE 30 IMPORTS BY KEY COUNTRIES, 2019-2023 (USD MILLION) 71
FIGURE 31 EXPORTS BY KEY COUNTRIES, 2019-2023 (USD MILLION) 71
FIGURE 32 INTELLIGENT TRANSPORT SYSTEM MARKET: PATENT ANALYSIS, 2014?2024 72
FIGURE 33 INTELLIGENT TRANSPORTATION SYSTEM MARKET, BY MODE 86
FIGURE 34 AVIATION SEGMENT TO REGISTER HIGHEST CAGR IN ITS MARKET DURING FORECAST PERIOD 87
FIGURE 35 ITS MARKET FOR ROADWAYS: BY OFFERING 91
FIGURE 36 SOFTWARE SEGMENT TO REGISTER HIGHEST CAGR FOR ROADWAYS DURING FORECAST PERIOD 92
FIGURE 37 ITS MARKET: HARDWARE OFFERINGS 93
FIGURE 38 ITS MARKET: SOFTWARE OFFERINGS 102
FIGURE 39 ITS MARKET: SERVICE OFFERINGS 104
FIGURE 40 ITS MARKET FOR ROADWAYS: BY SYSTEM 107
FIGURE 41 COMMERCIAL VEHICLE OPERATIONS TO GROW FASTEST IN ROADWAYS DURING FORECAST PERIOD 108
FIGURE 42 ITS MARKET FOR ROADWAYS: BY APPLICATION 117
FIGURE 43 TICKETING MANAGEMENT TO HOLD LARGEST SHARE OF ITS MARKET FOR ROADWAYS IN 2024 117
FIGURE 44 ITS MARKET FOR RAILWAYS: BY APPLICATION 128
FIGURE 45 SMART TICKETING IN ITS MARKET FOR RAILWAYS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 128
FIGURE 46 ITS MARKET FOR AVIATION: BY APPLICATION 136
FIGURE 47 SMART TICKETING TO RECORD HIGHEST CAGR IN ITS MARKET FOR AVIATION DURING FORECAST PERIOD 137
FIGURE 48 ITS MARKET FOR MARITIME: BY APPLICATION 147
FIGURE 49 CONTAINER MOVEMENT SCHEDULING TO DOMINATE ITS MARKET FOR MARITIME DURING FORECAST PERIOD 147
FIGURE 50 REGIONAL SPLIT OF INTELLIGENT TRANSPORT SYSTEM MARKET 155
FIGURE 51 INTELLIGENT TRANSPORT SYSTEM MARKET IN ASIA PACIFIC TO REGISTER HIGHEST CAGR FROM 2023 TO 2028 155
FIGURE 52 NORTH AMERICA: INTELLIGENT TRANSPORTATION SYSTEM MARKET SNAPSHOT 157
FIGURE 53 EUROPE: INTELLIGENT TRANSPORTATION SYSTEM MARKET SNAPSHOT 161
FIGURE 54 ASIA PACIFIC: INTELLIGENT TRANSPORTATION SYSTEM MARKET SNAPSHOT 167
FIGURE 55 FIVE-YEAR REVENUE ANALYSIS OF TOP PLAYERS IN INTELLIGENT TRANSPORTATION SYSTEM MARKET 176
FIGURE 56 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023 178
FIGURE 57 COMPANY VALUATION, 2023 (USD BILLION) 180
FIGURE 58 FINANCIAL METRICS (EV/EBITDA), 2023 180
FIGURE 59 BRAND/PRODUCT COMPARISON 181
FIGURE 60 INTELLIGENT TRANSPORTATION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 183
FIGURE 61 INTELLIGENT TRANSPORTATION SYSTEM MARKET: COMPANY FOOTPRINT 184
FIGURE 62 INTELLIGENT TRANSPORTATION SYSTEM MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 190
FIGURE 63 SIEMENS: COMPANY SNAPSHOT 203
FIGURE 64 HITACHI, LTD.: COMPANY SNAPSHOT 208
FIGURE 65 CONDUENT, INC.: COMPANY SNAPSHOT 218
FIGURE 66 KAPSCH TRAFFICCOM AG: COMPANY SNAPSHOT 223
FIGURE 67 DENSO CORPORATION: COMPANY SNAPSHOT 228
FIGURE 68 TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY SNAPSHOT 232
FIGURE 69 INDRA SISTEMAS, S.A.: COMPANY SNAPSHOT 237
FIGURE 70 GARMIN LTD.: COMPANY SNAPSHOT 242
FIGURE 71 TOMTOM INTERNATIONAL BV: COMPANY SNAPSHOT 247