Intelligent Transportation Systems Market was valued at USD 29.88 Billion in 2024 and is expected to reach USD 79.32 Billion by 2035, with a CAGR of 15.16% from 2024 to 2035.
Intelligent Transportation Systems (ITS) are cutting-edge technologies employed in transportation infrastructure and vehicles to enhance safety, efficiency, and mobility. These systems are traffic control, computerized collection of tolls, traveler data in real-time, and vehicle control by remote. In addition, ITS applications range from reducing traffic congestion and enhancing public transport efficiency to enhancing road safety through real-time monitoring and communication between vehicles and infrastructure.
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Key Intelligent Transportation System Companies:
- Advantech Co., Ltd.
- Aireon
- Alstom SA
- Cubic Corporation
- EFKON GmbH
- Hitachi, Ltd.
- Indra Sistemas, S.A.
- Iteris, Inc.
- Kapsch TrafficCom AG
- KONGSBERG
- L3Harris Technologies, Inc.
- Navico Group
- NEC Corporation
- Siemens AG
- Spire Global
- Teledyne Technologies Incorporated
- Thales
- TransCore
- Wabtec Corporation
Global Intelligent Transportation System Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global intelligent transportation system market based on mode of transportation roadway offering, roadway system type, roadway application, railway offering, railway system type, railway application, airway offering, airway system type, airway application, maritime offering, maritime system type, maritime application, and region.
- Intelligent Transportation System Mode of Transportation Outlook (Revenue, USD Billion, 2018 – 2035)
- Roadway
- Railway
- Airway
- Maritime
- Intelligent Transportation System Roadway Offering Outlook (Revenue, USD Billion, 2018 – 2035)
- Hardware
- Interface Boards
- Sensors
- Surveillance Cameras
- Telecommunication Networks
- Monitoring and Detection Systems
- Others
- Software
- Visualization Software
- Video Detection Management Software
- Transit Management Software
- Others
- Services
- Cloud services
- Business services
- Professional services
- Hardware
- Intelligent Transportation System Roadway System Type Outlook (Revenue, USD Billion, 2018 – 2035)
- Advanced Traveler Information System (ATIS)
- Advanced Traffic Management System (ATMS)
- Advanced Transportation Pricing System (ATPS)
- Advanced Public Transportation System (APTS)
- Emergency Medical System (EMS)
- Intelligent Transportation System Roadway Application Outlook (Revenue, USD Billion, 2018 – 2035)
- Traffic Management
- Road Safety and Security
- Freight Management
- Public Transport
- Environment Protection
- Automotive Telematics
- Parking Management
- Road Tolling Systems
- Others
- Intelligent Transportation System Railway Offering Outlook (Revenue, USD Billion, 2018 – 2035)
- Hardware
- Interface Boards
- Sensors
- Surveillance Cameras
- Telecommunication Networks
- Monitoring and Detection Systems
- Others
- Software
- Visualization Software
- Video Detection Management Software
- Transit Management Software
- Others
- Services
- Cloud services
- Business services
- Professional services
- Hardware
- Intelligent Transportation System Railway System Type Outlook (Revenue, USD Billion, 2018 – 2035)
- Advanced Traveler Information System (ATIS)
- Advanced Traffic Management System (ATMS)
- Advanced Transportation Pricing System (ATPS)
- Advanced Public Transportation System (APTS)
- Emergency Medical System (EMS)
- Intelligent Transportation System Railway Application Outlook (Revenue, USD Billion, 2018 – 2035)
- Rail-running Operation and Collision Avoidance
- Passenger Information Management
- Smart Ticketing
- Security Surveillance
- Emergency Notification
- Others
- Intelligent Transportation System Airway Offering Outlook (Revenue, USD Billion, 2018 – 2035)
- Hardware
- Interface Boards
- Sensors
- Surveillance Cameras
- Telecommunication Networks
- Monitoring and Detection Systems
- Others
- Software
- Visualization Software
- Video Detection Management Software
- Transit Management Software
- Others
- Services
- Cloud services
- Business services
- Professional services
- Hardware
- Intelligent Transportation System Airway System Type Outlook (Revenue, USD Billion, 2018 – 2035)
- Advanced Traveler Information System (ATIS)
- Advanced Traffic Management System (ATMS)
- Advanced Transportation Pricing System (ATPS)
- Advanced Public Transportation System (APTS)
- Emergency Medical System (EMS)
- Intelligent Transportation System Airway Application Outlook (Revenue, USD Billion, 2018 – 2035)
- Security Surveillance
- Shuttle Bus Tracking
- Traveler Information Management
- Aircraft Traffic Management
- Smart Ticketing
- Emergency Notification
- Others
- Intelligent Transportation System Maritime Offering Outlook (Revenue, USD Billion, 2018 – 2035)
- Hardware
- Interface Boards
- Sensors
- Surveillance Cameras
- Telecommunication Networks
- Monitoring and Detection Systems
- Others
- Software
- Visualization Software
- Video Detection Management Software
- Transit Management Software
- Others
- Services
- Cloud services
- Business services
- Professional services
- Hardware
- Intelligent Transportation System Maritime System Type Outlook (Revenue, USD Billion, 2018 – 2035)
- Advanced Traveler Information System (ATIS)
- Advanced Traffic Management System (ATMS)
- Advanced Transportation Pricing System (ATPS)
- Advanced Public Transportation System (APTS)
- Emergency Medical System (EMS)
- Intelligent Transportation System Maritime Application Outlook (Revenue, USD Billion, 2018 – 2035)
- Freight Arrival & Transit
- Real-time Weather Information Tracking
- Container Movement Scheduling
- Emergency Notification
- Others
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Regional Insights
North America dominated the market share of more than 35.0% in 2022. The region is dominated by key global players and is highly set up with a number of technologies to develop and implement the latest and innovative technologies, including machine learning, big data, and cloud computing, to tackle the growing traffic and public transit system. Regional governments’ strong focus on the development of transportation infrastructure is propelling the ITS market growth.
Intelligent Transportation System (ITS) market in Europe is facing an enormous challenge as far as traffic congestion is concerned, resulting in increased traffic flows, increased travelling times, and energy and non-renewable resource wastage. Governments and transport authorities in response are converting to ITS technology to maximize flow of traffic, minimize congestion, and upgrade outdated infrastructure. More so, main firms in the region are quite engaged in the region’s efforts towards environmental conservation and concentrating on reducing energy utilization.
U.K. Intelligent Transportation System (ITS) Market Trends
The Intelligent Transportation System (ITS) market in the U.K. held a 19.1% revenue share of the European market in 2022.
The growing transportation infrastructure, positive economic policies, and government plans for digitization and sustainable transportation infrastructure have increased the growth of the intelligent transportation market in the U.K.
Germany Intelligent Transportation System (ITS) Market Trends
The Intelligent Transportation System (ITS) market in Germany is in high demand be due to increased traffic congestion, road safety, and increasing pollution. In addition, the rise in urban populations is putting pressure on the available transportation system and infrastructure. These are expected to increase the demand for intelligent transportation systems in Germany.
