United States Intelligent Transportation System (ITS) Market Report 2022 with Key Players

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U.S. Intelligent Transportation Systems Market

U.S. Intelligent Transportation Systems Market

U.S. Intelligent Transportation Systems Market

Dublin, June 29, 2022 (GLOBE NEWSWIRE) — The “U.S. Intelligent Transportation Systems Market (2022-2027) by Component, System, Transportation Mode, Application., Competitive Analysis and Impact of Covid-19 with Ansoff Analysis” report has been added to from ResearchAndMarkets.com offer.

The U.S. Intelligent Transportation Systems Market is estimated at USD 9.0741 Billion in 2022 and is projected to reach USD 12.82 Billion by 2027, growing at a CAGR of 7.15%.

Market dynamics are forces that impact pricing and stakeholder behaviors in the US Intelligent Transportation System market. These forces create price signals that result from changes in the supply and demand curves for a given product or service.

The forces of market dynamics can be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand and supply. Human emotions can also drive decisions, influence the market and create price signals.

As market dynamics impact supply and demand curves, policymakers aim to determine how best to use various financial tools to stem various strategies aimed at accelerating growth and reducing risk.

Company Profiles

The report provides a detailed analysis of competitors in the market. It covers the analysis of financial performance of listed companies in the market. The report also offers detailed information about recent development and competitive scenario of the companies.

Some of the companies covered in this report are Addco LLC, Conduent Inc, Cubic Corp, Daktronics, Denso Corp, FLIR Systems, Garmin International Inc, IBM Corp, etc.

Competitive quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their industry position score and market performance score.

The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc

Ansoff analysis

The report presents a detailed analysis of the Ansoff Matrix for the U.S. Intelligent Transportation Systems Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design business growth strategies.

The matrix can be used to assess approaches in four strategies viz. Market development, market penetration, product development and diversification. The matrix is ​​also used for risk analysis to understand the risk associated with each approach.

The analyst analyzes the U.S. intelligent transportation systems market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis done on the industry and industry players, the analyst has designed appropriate strategies for market growth.

Report Highlights:

  • A comprehensive analysis of the market, including the parent industry

  • Important market dynamics and trends

  • Market segmentation

  • Historical, current and projected market size based on value and volume

  • Market shares and strategies of the main players

  • Recommendations for companies to strengthen their presence in the market

Main topics covered:

1 Description of the report

2 Research methodology

3 Executive Summary
3.1 Presentation
3.2 Market Size, Segmentations and Outlook

4 Market dynamics
4.1 Drivers
4.1.1 Government efforts to ensure road and public safety
4.1.2 Increased need to reduce traffic congestion
4.1.3 Government initiatives supporting effective traffic management
4.1.4 High Adoption of Environmentally Friendly Automotive Technologies
4.1.5 Rapid Development of Smart Cities Globally
4.2 Constraints
4.2.1 High Installation Cost of Intelligent Transportation System
4.3 Opportunities
4.3.1 Increased Emphasis by Automakers on Designing and Developing ITS-Enabled Smart Vehicles
4.3.2 Growing Number of Economically and Technologically Advanced Countries
4.4 Challenges
4.4.1 Realization of an interoperable and standardized ITS architecture worldwide

5 Market Analysis
5.1 Regulatory scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff matrix analysis

6 U.S. Intelligent Transportation System Market, By Component
6.1 Presentation
6.2 Material
6.2.1 Interface cards
6.2.1.1 Multifunctional Boards
6.2.1.2 Vehicle detection tables
6.2.1.3 Communication boards
6.2.2 Sensors
6.2.2.1 Vehicle detection sensors
6.2.2.2 Pedestrian presence sensors
6.2.2.3 Speed ​​sensors
6.2.3 Surveillance cameras
6.2.3.1 Thermal cameras
6.2.3.2 Aid cameras
6.2.4 Telecommunication networks
6.2.4.1 Fiber optic cables
6.2.4.2 Copper lines
6.2.4.3 Wireless media
6.2.5 Surveillance and detection systems
6.2.5.1 Automatic license plate recognition systems
6.2.5.2 Intelligent traffic controllers
6.2.6 Others
6.2.6.1 Linked traffic controllers
6.2.6.2 Variable message signs
6.3 Software
6.3.1 Visualization software
6.3.2 Video detection management software
6.3.3 Transit management software
6.3.4 Others
6.3.5 Services
6.3.5.1 Commercial and cloud services
6.3.5.2 Support and maintenance services

7 U.S. Intelligent Transportation System Market, By System
7.1 Presentation
7.2 Advanced Passenger Information Systems (ATIS)
7.3 IT-based transport pricing systems (ITPS)
7.4 1 Vehicle-to-vehicle (V2V)
7.5 2 Vehicle-Infrastructure (V2I)
7.6 3 Vehicle-to-everything (V2X) communication
7.7 Advanced Transit Systems (APTS)
7.8 Commercial

8 U.S. Intelligent Transportation System Market, By Transportation Mode
8.1 Presentation
8.2 Pavements
8.3 Railways
8.4 Aviation
8.5 Shipping

9 U.S. Intelligent Transportation System Market, By Application
9.1 Presentation
9.2 Fleet management and asset monitoring
9.3 Traffic monitoring and management
9.4 Collision avoidance
9.5 Parking monitoring and management
9.6 Others

10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 Mergers and Acquisitions and Investments
10.3.2 Partnerships and collaborations
10.3.3 Product Developments and Improvements

11 company profiles
11.1 Addco LLC
11.2 Conduit Inc.
11.3 Cubic body
11.4 Daktronics
11.5 Denso Corp.
11.6 FLIR Systems
11.7 Garmin International Inc.
11.8 IBM Corp.
11.9 Indra Systems, SA
11.10 Iteris Inc.
11.11 Kapsch Trafficcom
11.12 Lanner Electronics Inc.
11.13 Siemens AG
11.14 Teledyne Flir LLC
11:15 a.m. Thales Group
11.16 Tomtom International B.V.
11.17 WS Atkins plc

For more information on this report, visit https://www.researchandmarkets.com/r/q8wrn0

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