Intelligent Road Systems Market 2019
The intelligent road system is the tested route to mitigate the traffic congestion problem. It is an application that is designed to provide customized solutions to improve the transportation system. The major objective of this system is to evaluate, develop, analyze and integrate new technologies and concept to achieve the traffic efficiency. Intelligent road system is a computerized system with diverse applications connected with vehicle transportation, and provides live feeds with the help of sophisticated sensors of smartphone and the equipment is installed along roadside that includes cameras mounted on the traffic poles.
Intelligent road system market is growing at a rapid pace. Increasing concern about traffic congestion is one to the major market driver for the growth of intelligent road system market. In the current scenario people are more concerned about convenient, reliable and affordable travelling option. Intelligent road system helps to guide travelers in real time on daily basis, helping in avoidance of congestion. The study indicates that increasing need of road safety improvements is driving the intelligent road system market. Intelligent road systems use technology that enable government organizations and private users to keep transportation systems performing as efficiently and as safely as possible. Therefore increasing government initiatives are responsible for the growth of market during the forecast period.
The global intelligent road systems market had been valued at USD 25 billion in the year 2016, which is expected to reach USD 48 billion by the end of the forecast period; growing at ~ 11% CAGR.
Key Players
The key players in global intelligent road system market include Ricardo plc, TomTom International BV, Siemen AG, WS Atkins PLC, Kapsch Trafficcom, Q-Free ASA, EFKON AG, Iteris Inc., Lanner Electronics Inc., and Roper Technologies Inc..
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Target Audience
• Intelligent transportation system providers
• Network providers
• Software providers
• Navigation and GPS manufacturers
• Research & consultancy
• Government
• Technology investors
Key Findings
• On the basis of manufacturers, with respect to value analysis, Siemen AG accounts for largest market share in the year 2016.
• On the basis of types, with respect to value analysis, the computational technology accounts for the largest market share and is growing at 13.85% CAGR, approximately, during forecast period.
• On the basis of applications, with respect to value analysis the emergency vehicle notification system holds the largest market growing at 15.61% CAGR, approximately, by the end of forecast period.
• Geographically, North America has been projected to have the largest market share in global intelligent road systems market throughout the forecast period.
Regional and Country Analysis of Intelligent road systems Market Estimation and Forecast
The global intelligent road systems market is expected to grow at a promising rate during the forecast period, 2016-2022. Asia-Pacific is expected to be the fastest growing market due to the efforts taken for improving the performance of overall transportation system.
The report also cover country level analysis:
• North America
• Europe
• Asia – Pacific
o China
o India
o Japan
o Southeast Asia
o Rest of Asia-Pacific
• Rest of the World
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Table of Contents –Analysis of Key Points
1 Intelligent Road System Market Overview
2 Global Intelligent Road Systems Market Competition, By Manufacturers
3 Global Intelligent Road Systems Production, Revenue (Value), By Region (2012-2017)
4 Global Intelligent Road Systems Supply (Production), Consumption, Export, Import, By Region (2012-2017)
5 Global Intelligent Road Systems Production and Revenue (Value), By Types
6 Global Intelligent Road Systems Market Analysis, By Application
7 Global Intelligent Road Systems Manufacturers Profile/Analysis
7.1 Ricardo PLC
7.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2 Intelligent Road Systems Product Types, Application and Specification
7.1.2.1 Wireless Communication
7.1.2.2 Computational Technologies
7.1.3 Ricardo PLC Intelligent Road Systems Production, Revenue, Price and Gross Margin (2016 and 2017)
7.1.4 Main Business / Business Overview
7.2 EFKON AG
7.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.2.2 Intelligent Road Systems Product Types, Application and Specification
7.2.2.1 Wireless Communication
7.2.2.2 Computational Technologies
7.2.2.3 Main Business / Business Overview
7.3 TOMtom International BV
7.3.1 Company Basic Information, manufacturing Base, Sales Area and Its Competitors
7.3.2 Intelligent Road Systems Product Types, Application and Specification
7.3.2.1 Wireless Communication
7.3.2.2 Computational Technologies
7.3.3 TOMtom International BV Intelligent Road Systems Production, Revenue, Price and Gross Margin (2016 and 2017)
7.3.4 Main Business / Business Overview
7.4 Iteris, Inc.
7.4.1 Company Basic Information, manufacturing Base, Sales Area and Its Competitors
7.4.2 Intelligent Road Systems Product Types, Application and Specification
7.4.2.1 Wireless Communication
7.4.2.2 Computational Technologies
7.4.3 Iteris, Inc. Intelligent Road Systems Production, Revenue, Price and Gross Margin (2016 and 2017)
7.4.4 Main Business / Business Overview
7.5 Lanner Electronic Inc.
7.5.1 Company Basic Information, manufacturing Base, Sales Area and Its Competitors
7.5.2 Intelligent Road Systems Product Types, Application and Specification
7.5.2.1 Wireless Communication
7.5.2.2 Computational Technologies
7.5.3 Lanner Electronic Inc. Intelligent Road Systems Production, Revenue, Price and Gross Margin (2016 and 2017)
7.5.4 Main Business / Business Overview
7.6 Siemens AG
7.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.6.2 Intelligent Road Systems Product Types, Application and Specification
7.6.2.1 Wireless Communication
7.6.2.2 Computational Technologies
7.6.3 Siemens AG Intelligent Road Systems Production, Revenue, Price and Gross Margin (2016 and 2017)
7.6.4 Main Business / Business Overview
7.7 WS Atkins PLC
7.7.1 Company Basic Information, manufacturing Base, Sales Area and Its Competitors
7.7.2 Intelligent Road Systems Product Types, Application and Specification
7.7.2.1 Wireless Communication
7.7.2.2 Computational Technologies
7.7.3 WS Atkins PLC Intelligent Road Systems Production, Revenue, Price and Gross Margin (2016 and 2017)
7.7.4 Main Business / Business Overview
Continued…..
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