Edison, NJ -- (SBWIRE) -- 06/07/2021 -- The latest released Intelligent Transportation Systems (Its) market research of 106 pages suggests that the industry has made modest progress in tech-driven transformation since 2017. Many organizations have yet to scale their end use applications beyond pilots and proofs-of-concept. Yet, there is a group of manufacturers in Intelligent Transportation Systems (Its) Market that are making significant progress in driving use cases at scale. Characteristics of this group offers an insight into best practice in shaping the Global Intelligent Transportation Systems (Its) Market. Some of the players profiled in research coverage are Kapsch Trafficcom (Austria), Q-Free ASA (Norway), Tomtom International BV (the Netherlands), Efcon AG (Austria), Transcore Inc. (U.S.), Lanner Electronics (Taiwan), Iteris Inc. (U.S.), Thales Group (France), Siemens AG (Germany), Atkins Group (U.K.), Ricardo plc. (U.K.), Denso Corporation (Japan), Savari Inc. (U.S.) & Garmin Ltd. (Switzerland).

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Specifically, Intelligent Transportation Systems (Its) suppliers/manufacturers would need to understand the most probable future industry scenarios – one in which multiple player categories are likely to benefit or, in more extreme cases, by type of player such as OEMs or distributors, who can be expected to dominate the Intelligent Transportation Systems (Its) aftermarket landscape. The need to create a path for themselves that considers their strategic aspirations, the shape of their presence in the Global Intelligent Transportation Systems (Its) market, their partnerships and position within the value chain, and the tools that enable and deepen their relationships with their customers. By managing key dimensions identified with the study, Intelligent Transportation Systems (Its) suppliers/manufacturers can turn as powerful engine of growth in years to come.

Industry needs to build capability outside its traditional core competencies, says Research

The Intelligent Transportation Systems (Its) Market study aims to provide detailed company profile, product specifications, geographic footprints, capacity, production and consumption side analysis, and 2019-2020 market shares of each company. With the help of statistical analysis, the report depicts the total market of Intelligent Transportation Systems (Its) industry; then the total market is further broken down by application [Traffic Management, Road Safety And Security, Freight Management, Public Transport, Environment Protection, Automotive Telematics, Parking Management & Road User Charging] and type [, Hardware, Software & Services] and country.

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Geographic Analysis includes breakdown by

The global version of report covers following regions and country:
- North America (United States, Canada and Mexico)
- Europe (Germany, the UK, France, Italy, Netherlands, Belgium, Russia, Spain, NORDICS, and Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Taiwan, and Southeast Asia {Indonesia, Thailand, Philippines, Malaysia and Vietnam}, Others)
- South America (Brazil, Argentina, Chile and Rest of South America)
- Middle East and Africa (South Africa, Turkey, Israel, GCC Countries and Rest of Africa)

Moreover, the emerging markets of Intelligent Transportation Systems (Its) will create new needs and pressure to act for the industry. At the same time, its players will face challenges from the increasing pace of Intelligent Transportation Systems (Its) industry consolidation, especially in North America and Europe.

Important Features of Global Intelligent Transportation Systems (Its) Market Research Study:

=> Comparative Intelligent Transportation Systems (Its) Market Share Analysis by Manufacturers (2019-2020); Reveals Market Position, % Share and Product/Segment Revenue.
=> Intelligent Transportation Systems (Its) Market Size Estimates from 2016-2026; Showcasing Trend and Growth Analysis by Value and Sales Volume.
=> In-depth analysis of upstream suppliers, downstream buyers, raw materials cost analysis of Intelligent Transportation Systems (Its).
=> Current and Future Market Scenario; Highlighting Changing Market Dynamics.

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To come out ahead and benefit from arising opportunities, Intelligent Transportation Systems (Its) manufacturers and suppliers will need to assess the likely impact of these disruptive trends on their business.

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