Intelligent Transportation System Market - Traffic Management Systems Will Continue to Lead the Market Until 2019, Representing 30.72% of the Overall Market Value.
The global intelligent transportation systems (ITS) market is highly fragmented in nature with no company clearly dominating the overall market. The increasing partnership between public sector users and large manufacturers is contributing to a high degree of competition. Strong financial earnings are providing multinational companies in the market to gain a competitive edge over other companies to develop innovative and advanced technology products, says Transparency Market Research in a new study. Some of the key players are Kapsch TrafficCom, Siemens...
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