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Thursday, 5 June 2014

What will Drive Intelligent Transportation Systems Market Until 2020?

 Major companies involved in the Intelligent Transportation Systems market are Transcore Inc. (U.S.), Kapsch TrafficCom AG (Austria), Efkon AG (Austria), Q-Free ASA (Norway), Transdyn Inc. (U.S.), Lanner Electronics, Inc. (Taiwan), Ricardo plc (U.K.), Sigtec Pty Ltd. (Australia), Sensys Networks Inc. (U.S.), Traffic Tech (Jordan), and others


The five major ITS systems are mostly in demand and deployed in all across, they are Advanced Traffic Management System (ATMS), Advanced Traveller Information System (ATIS), ITS Enabled Transportation Pricing System, Advanced Public Transportation System (APTS), and Commercial Vehicle Operation (CVO). most of the toll collection booths on the newly developed highways and expressways will be installed with the ITS-enabled transportation pricing system. The Government of developed countries like the U.S., Germany, and developing countries like China,and so on are also taking various initiatives towards the deployment of the systems provided by the intelligent transport system market.

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Intelligent Transport System Market
Scope of the report

Research report categorizes the ITS market based on various applications, System, component, and geography; it also covers the revenue foretold from 2013 to 2020. It describes the demand for ITS in various regions. The report describes the applications mapping in the Intelligent Transportation Systems market with respect to the growth potential.

More Idea from @ 

http://www.marketsandmarkets.com/Market-Reports/intelligent-transport-systems-its-market-764.html

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