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Published: Mar, 2018 | Pages:
100 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)
The North America Intelligent Traffic Management System (ITMS) market size is expected to reach USD 10.4 billion by 2024, according to a new report by Grand View Research, Inc., exhibiting a 13.8% CAGR during the forecast period. Increasing encouragement for effective traffic management in smart cities has led to growing utilization of ITMS in North America. There is a soaring adoption of cloud computing and data analytics in traffic management, which further boosts the market. ITMS for traffic monitoring accounted for the maximum revenue share in 2016. This segment is expected to expand at a CAGR of 12.9 % over the course of the forecast period. ITMS is used for collecting, processing, analyzing, summarizing, and disseminating traffic data. Traffic monitoring systems include both software and hardware devices such as video surveillance systems, closed circuit televisions, loop detector systems, radar sensors, video detection software systems, and communication systems. Intelligent driver information systems are expected to register the highest CAGR of 18.4% over the forecast period. The segment is expected to reach USD 1.69 billion by 2024. Further key findings from the report suggest: • Intelligent driver information systems and integrated corridor management systems emerged as most prominent solutions in the ITMS market in 2016 and are anticipated to grow exponentially over the forecast period • The industry in Canada is projected to witness substantial growth over the next decade owing to various developments across the country, especially in the automotive industry. The market is expected to develop at a CAGR of 15.4% from 2017 to 2024 • Key players in the intelligent traffic management system market include ADDCO; Agero Inc.; Denso Corporation; and Hitachi Ltd.
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
Chapter 3 Market Snapshot
3.1 ITMS - Market snapshot & key buying criteria, 2014 - 2024
Chapter 4 ITMS Industry Outlook
4.1 Market segmentation
4.2 ITMS - Market size and growth prospects
4.3 ITMS - Value chain analysis
4.3.1 ICM solution by company
4.4 Market Dynamics
4.4.1 Market driver analysis
4.4.1.1 Necessity to reduce traffic congestion and improve road safety
4.4.1.2 Encouragement for effective traffic management in Smart cities
4.4.1.3 Adoption of cloud computing and data analytics in traffic management
4.4.2 Market restraint analysis
4.4.2.1 Difficulty in restructuring current infrastructure to provide smart traffic solution
4.5 Penetration & growth prospect mapping
4.6 ITMS - Key Company Analysis, 2016
4.7 ITMS - PESTEL analysis
Chapter 5 ITMS Solution Trend Analysis Outlook
5.1 Overview/Critical Research Insights
5.2 Competitive Scenario
5.3 Favorable Regulatory Policies
5.3.1 List of Standards for ITS Deployment:
5.4 ICM
5.5 Critical Research Insights
5.5.1 Case study
5.5.1.1 New York City pilot deployment program for connected vehicle
5.5.1.1.1 Challenge
5.5.1.1.2 Description
5.5.1.1.3 Benefits
5.5.1.2 Commercial Vehicle Information Systems and Networks (CVISN) core and expanded deployment program in U.S.
5.5.1.2.1 Objective
5.5.1.2.2 Description
5.5.1.2.3 Benefits
5.5.1.3 Smart City Columbus Ohio project plan (2016)
5.5.1.3.1 Objective
5.5.1.3.2 Description
5.5.1.3.3 Benefits
5.5.1.4 Deployment of Cooperative Intersection Collision Avoidance Systems (CICAS)
5.5.1.4.1 Objective
5.5.1.4.2 Description
5.5.1.4.3 Benefits
5.5.1.5 New York Midtown in Motion project
5.5.1.5.1 Objective
5.5.1.5.2 Description
5.5.1.5.3 Benefits
5.6 Key Company Analysis, by Solution
5.6.1 ITMS - Key Company Analysis by Traffic Monitoring Systems, 2016
5.6.2 ITMS - Key Company Analysis by Traffic Signal Control Systems, 2016
5.6.3 ITMS - Key Company Analysis by Traffic Enforcement Camera, 2016
5.6.4 ITMS - Key Company Analysis by Integrated Corridor Management (ICM), 2016
5.6.5 Key Company Analysis by Intelligent Driver Information Systems, 2016
5.7 Average contract sizes
5.8 Funding Sources for ITMS
Chapter 6 Intelligent Traffic Management Systems Solution Outlook
6.1 ITMS market share by solution, 2015 & 2024
6.1.1 North America ITMS market by product, 2014 - 2024
6.1.2 U.S. ITMS market by solution, 2014 - 2024
6.1.3 Canada
6.1.3.1 Canada ITMS market by solution, 2014 - 2024
Chapter 7 Competitive Landscape
7.1 ADCCO
7.1.1 Company overview
7.1.2 Financial performance
7.1.3 Product benchmarking
7.2 Agero, Inc.
7.2.1 Company overview
7.2.2 Financial performance
7.2.3 Product benchmarking
7.2.4 Strategic initiatives
7.3 DENSO Corporation
7.3.1 Company overview
7.3.2 Financial performance
7.3.3 Product benchmarking
7.3.4 Strategic initiatives
7.4 EFKON AG
7.4.1 Company overview
7.4.2 Financial performance
7.4.3 Product benchmarking
7.4.4 Strategic initiatives
7.5 Hitachi Ltd.
7.5.1 Company overview
7.5.2 Financial performance
7.5.3 Product benchmarking
7.5.4 Strategic initiatives
7.6 Garmin International, Inc.
7.6.1 Company overview
7.6.2 Financial performance
7.6.3 Product benchmarking
7.6.4 Strategic initiatives
7.7 Iteris, Inc.
7.7.1 Company overview
7.7.2 Financial performance
7.7.3 Product benchmarking
7.7.4 Strategic initiatives
7.8 Kapsch TrafficCom AG
7.8.1 Company overview
7.8.2 Financial performance
7.8.3 Product benchmarking
7.8.4 Strategic initiatives
7.9 Lanner Electronics, Inc.
7.9.1 Company overview
7.9.2 Financial performance
7.9.3 Product benchmarking
7.9.4 Strategic initiatives
7.10 Nuance Communications, Inc.
7.10.1 Company overview
7.10.2 Financial performance
7.10.3 Product benchmarking
7.10.4 Strategic initiatives
7.11 Q-Free ASA
7.11.1 Company overview
7.11.2 Financial performance
7.11.3 Product benchmarking
7.11.4 Strategic initiatives
7.12 Ricardo PLC
7.12.1 Company overview
7.12.2 Financial performance
7.12.3 Product benchmarking
7.12.4 Strategic initiatives
7.13 Sensys Networks Incorporation
7.13.1 Company overview
7.13.2 Financial performance
7.13.3 Product benchmarking
7.13.4 Strategic initiatives
7.14 Siemens AG
7.14.1 Company overview
7.14.2 Financial performance
7.14.3 Product benchmarking
7.14.4 Strategic initiatives
7.15 Telenav, Inc.
7.15.1 Company overview
7.15.2 Financial performance
7.15.3 Product benchmarking
7.15.4 Strategic initiatives
7.16 Thales Group
7.16.1 Company overview
7.16.2 Financial performance
7.16.3 Product benchmarking
7.16.4 Strategic initiatives
7.17 TomTom NV
7.17.1 Company overview
7.17.2 Financial performance
7.17.3 Product benchmarking
7.17.4 Strategic initiatives
7.18 TransCore, LP
7.18.1 Company overview
7.18.2 Financial performance
7.18.3 Product benchmarking
7.18.4 Strategic initiatives
7.19 WS Atkins PLC
7.19.1 Company overview
7.19.2 Financial performance
7.19.3 Product benchmarking
7.19.4 Strategic initiatives
7.20 Xerox Corporation
7.20.1 Company overview
7.20.2 Financial performance
7.20.3 Product benchmarking
7.20.4 Strategic initiatives
List of Tables TABLE 1 North America ITMS market, 2014 - 2024 (USD Million) TABLE 2 North America market estimates and forecasts by solution, 2014 - 2024 (USD Million) TABLE 3 Example DSS Response plan Strategies TABLE 4 Expected Annual ICM benefits of Pioneer AMS Sites TABLE 5 North America ITMS market by product, 2014 - 2024 (USD Million) TABLE 6 U.S. ITMS market by solution, 2014 - 2024 (USD Million) TABLE 7 Canada ITMS market by solution, 2014 - 2024 (USD Million)
List of Figures FIG. 1 Market segmentation FIG. 2 ITMS - Market size and growth prospects FIG. 3 ITMS - Value chain analysis FIG. 4 Market dynamics FIG. 5 Penetration & growth prospect mapping FIG. 6 Market share analysis 2016 FIG. 7 ITMS - PESTEL analysis FIG. 8 ITMS market share by solution, 2015 & 2024
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