AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Key Manufacturers of Intelligent Transportation System Market Study:
Ricardo (United Kingdom), EFKON (Austria), TOMtom International (Netherlands), Iteris (United States), Lanner Electronics (Taiwan), Siemens (Germany), WS Atkins (United Kingdom), Kapsch Trafficcom (Austria), Q-Free ASA (Norway) and Transcore (United States)
In the last few years, Global market of Intelligent Transportation System developed rapidly. Major factors driving the market are Rising Technological Developments in Developing Economies
On the basis of applications, the Intelligent Transportation System market is segmented by Traffic management, Environment protection, Freight management, Public transport, Road safety and security, Automotive telematics, Road user charging and Parking management.
Recent Industry Highlights:
In March 2019, Siemens has launched digital lab for intelligent traffic systems. It will monitor, collect analyse the data to develop important technologies.
Some of the other players that are also part of study are ZTE (China). The Global Intelligent Transportation System market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Intelligent Transportation System market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Intelligent Transportation System market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Transportation services providers, Transport infrastructure planners, Transport operators, Governments and urban planning agencies, Value-added resellers (VARs) and distributors, Public transportation departments, Investors and venture capitalists, Independent software vendors, Solution vendors and Networking and communication services providers.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.