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North America intelligent transport systems (ITS) Market 2015-2019

Research and Markets’ latest report, Intelligent Transport Systems (ITS) Market in North America 2015-2019, expects the ITS market in North America to grow at a CAGR of 6.49 per cent in terms of revenue during 2014-2019. The report covers the present scenario and the growth prospects of the ITS market in North America for the period 2015-2019. The market covered in the report includes roadway transportation only. To calculate the market size, the report considers revenue generated from the sales of ITS p
August 20, 2015 Read time: 2 mins
7527 Research and Markets’ latest report, Intelligent Transport Systems (ITS) Market in North America 2015-2019, expects the ITS market in North America to grow at a CAGR of 6.49 per cent in terms of revenue during 2014-2019.

The report covers the present scenario and the growth prospects of the ITS market in North America for the period 2015-2019. The market covered in the report includes roadway transportation only. To calculate the market size, the report considers revenue generated from the sales of ITS products and presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the ITS market in North America.

According to the report, the market is dominated by five vendors: 4306 Denso Corporation, 81 Kapsch, 108 Q-Free, 596 Thales and 139 TransCore. Other prominent vendors include 4080 3M, Addco, 7291 Agero, 2213 Hitachi, 69 International Road Dynamics, 4962 Mitsubishi Heavy Industries, 1919 Perceptics, 6890 SAIC, Sensys and 4186 Xerox, amongst others.

The report is based on an in-depth market analysis, with inputs from industry experts and discusses the major drivers influencing market growth and also the challenges facing the vendors and the market as a whole. It also evaluates the key trends emerging in the market.

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    According to the latest research report from research and Markets, the global intelligent transportation system (ITS) market is expected to reach $24.75 billion by 2017 at an estimated CAGR of 12 per cent. North America is seen as a market leader in the ITS market. This report deals with all the driving factors, restraints, and opportunities for the ITS market, which are helpful in identifying trends and key success factors for the industry. The report also profiles companies active in the field of ITS a