(USGovernment-News.Com, February 20, 2019 ) Smart transportation system is advanced applications of information, communication technologies and management strategies in order to provide highly efficient services related transportation and traffic management. Besides this, smart transportation systems offers improved operational efficiency, enhancing road safety, and less traffic congestion. Smart transportation system has broadly application in parking availability system, traffic enforcement camera, collision avoidance system and so on.
The report aims to provide an overview of global smart transportation systems market with detailed market segmentation by component, system, application and geography. The global smart transportation systems market is expected to witness high growth during the forecast period. Increase in number of vehicles and traffic congestion is driving the smart transportation systems market.
Addco LLC Affiliated Computer Services, Inc. Agero, Inc. Denso Corporation Efkon AG Garmin Ltd. Kapsch Trafficcom Lanner Electronics, Inc. Tomtom International Bv Thales Group.
The objectives of this report is as follows:
- To provide overview of the global smart transportation systems market - To analyze and forecast the global smart transportation systems market on the basis of component, system and application - To provide market size and forecast till 2025 for overall smart transportation systems market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries - To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend - To provide exhaustive PEST analysis for all five regions - To profiles key smart transportation systems players influencing the market along with their SWOT analysis and market strategies
Reason to Buy: - Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global smart transportation systems Market - Highlights key business priorities in order to assist companies to realign their business strategies. - The key findings and recommendations highlight crucial progressive industry trends in the smart transportation systems Market, thereby allowing players to develop effective long term strategies. - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets. - Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it. - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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