The Intelligent transportation systems market has been one of the growing markets with an increase in traffic congestion, developing road infrastructure and increasing comfort and safety needs of the travelers. The technological advancement in communication and information technology along with “ITS” has improved the overall safety and security in the transportation sector. Intelligent transportation systems vary in technologies applied, from basic management systems such as car navigation; traffic signal control systems; container management systems; variable message signs; automatic number plate recognition or speed cameras to monitor applications, such as security CCTV systems; and to more advanced applications that integrate live data and get feedback from number of other sources, such as parking guidance and information systems; weather information; bridge deicing systems; and others. Additionally, predictive techniques are being developed to allow advanced modeling and comparison with historical baseline data.
Scope of the report
This 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.
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