Concise Analysis of the International Intelligent Transportation System (ITS) Market - Forecasts to 2019

DUBLIN, Feb. 25, 2014 /PRNewswire/ --

Research and Markets

(

http://www.researchandmarkets.com/research/h6rnlb/intelligent

) has announced the addition of the

"Concise Analysis of the International Intelligent Transportation System (ITS) Market - Forecasts to 2019"

report to their offering.

(Logo: http://photos.prnewswire.com/prnh/20130307/600769)

Intelligent transportation systems integrate information and communication technologies with existing transportation networks to improve its operating efficiency and improve individuals travel experience. Dwindling transportation network expansion space and a growing number of vehicle owners in metropolitan areas increases pressure on transportation authorities to improve the performance of existing transportation networks. Effective use of wireless communication devices, computers, sensors, telematics and data analysis applications in existing transportation networks reduces congestion, traveling delays and improves road user safety. In addition, ITS provides higher economic benefits in terms of reduced fuel consumptions, traveling delays and road accidents over its deployment and maintenance cost through its life. Increasing awareness about these benefits in both developed as well as developing economies is expected to spur the demand for ITS through the estimated period.

Several types of intelligent transportation systems have been introduced from its inception which include advanced traveler information system (ATIS), advanced transportation management systems (ATMS), advanced transportation pricing systems (ATPS), advanced public transportation systems (APTS) and cooperative vehicle systems. Transportation management systems accounted for the largest market share in the global ITS market in 2012. This segment is expected to maintain its dominance due to increasing demand for traffic control solutions particularly for adaptive signaling systems across the world. Highway operates across the world are installing electronic toll charging systems to reduce traffic at toll centers.

Key Topics Covered:

1 Preface

2 Executive summary

3 Global intelligent transportation systems market overview

4 Global intelligent transportation systems market, by type 2011 - 2019

5 Global intelligent transportation systems market, by application 2012 - 2018

6 Global intelligent transportation systems market, by region 2013 - 2019

7 Company profiles

Companies Mentioned:

• ADCCO LLC
• Agero Inc
• DENSO Corporation
• EFKON AG
• Garmin International Inc
• Hitachi Ltd
• Iteris, Inc
• Kapsch TrafficCom AG
• Lanner Electronics Inc
• Nuance Communications Incorporation
• Q-Free ASA
• Ricardo PLC
• Sensys Networks Incorporation
• Siemens AG
• Telenav, Inc
• Thales Group
• TomTom NV
• TransCore Inc
• WS Atkins PLC
• Xerox Corporation

For more information visit http://www.researchandmarkets.com/research/h6rnlb/intelligent

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets