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United States Intelligent Transportation Systems Market Valuation – 2024-2031
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United States Intelligent Transportation Systems Market: Definition/Overview
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What's inside a TRI industry report?
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What Significant Role Have Advancements in Technology Played in Driving the Growth of the United States Intelligent Transportation Systems Market?
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How Does an Economic Downturn Impact the Demand for United States Intelligent Transportation Systems?
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Category-Wise Acumens
Which Technology Type Category Holds the Dominant Market Share in the United States Intelligent Transportation Systems Market?
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Will the Road Safety & Security Segment Turn into an Epicenter of Growth in the United States Intelligent Transportation Systems Market?
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Country/Region Wise Acumens
Will the Development of Metropolitan and Suburban Districts in the United States Upsurge Intelligent Transportation Systems Market?
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Competitive Landscape
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Latest Developments
Report Scope
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United States Intelligent Transportation Systems Market, By Category
Technology Type
Application
Component
System Type
End-Users
Location
Region
Research Methodology of The Research Insights:
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Pivotal Questions Answered in the Study
What was the estimated market value of the United States intelligent transportation systems market in 2024?
What is the projected growth rate of the United States intelligent transportation systems market during the forecast period?
What factors are driving the growth of the United States intelligent transportation systems market?
Who are the top players in the United States intelligent transportation systems market?
How can I get a sample report/company profiles for the United States Intelligent Transportation Systems Market?
                   
                                                    


                            
                            

                                             

             Frequently Asked Questions About This Report
            

                                                                

                                    

                                      
                                            
                                    
                                    

                                    

                                        

                                            
In 2024, the United States intelligent transportation systems market boasted an estimated value of approximately USD 6336.12 Million, showcasing robust demand within the industry.

                                        

                                    

                                

                                                                

                                    

                                      
                                            
                                    
                                    

                                    

                                        

                                            
According to our analyst, the market is expected to grow at a CAGR of 8.83%, indicating sustained demand and potential expansion opportunities within the industry over the coming years.

                                        

                                    

                                

                                                                

                                    

                                      
                                            
                                    
                                    

                                    

                                        

                                            
The growth of the United States intelligent transportation systems market is driven by factors such as technological advancements, increasing government initiatives, and growing demand for efficient and sustainable transportation solutions.

                                        

                                    

                                

                                                                

                                    

                                      
                                            
                                    
                                    

                                    

                                        

                                            
Some of the prominent players in the market include Cubic Corporation, Garmin, Siemens, Thales Group, Kapsch TrafficCom, Q-Free, EFKON, FLIR Systems, and Denso Corporation.

                                        

                                    

                                

                                                                

                                    

                                      
                                            
                                    
                                    

                                    

                                        

                                            
The sample report for the United States Intelligent Transportation Systems Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

                                        

                                    

                                

                                                            
                           

                            


TABLE OF CONTENTS 


1 INTRODUCTION


1.1 MARKET DEFINITION

1.2 MARKET SEGMENTATION

1.3 RESEARCH TIMELINES

1.4 ASSUMPTIONS

1.5 LIMITATIONS


2 RESEARCH METHODOLOGY


2.1 DATA MINING

2.2 SECONDARY RESEARCH

2.3 PRIMARY RESEARCH

2.4 SUBJECT MATTER EXPERT ADVICE

2.5 QUALITY CHECK

2.6 FINAL REVIEW

2.7 DATA TRIANGULATION

2.8 BOTTOM-UP APPROACH

2.9 TOP-DOWN APPROACH

2.10 RESEARCH FLOW


3 EXECUTIVE SUMMARY


3.1 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET OVERVIEW

3.2 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS ECOLOGY MAPPING

3.3 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS

ABSOLUTE MARKET OPPORTUNITY

3.4 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET,

BY OFFERING (USD MILLION)

3.5 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET,

BY SOLUTION TYPE (USD MILLION)

3.6 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET,

BY TYPE (USD MILLION)

3.7 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET,

BY END USER (USD MILLION)

3.8 FUTURE MARKET OPPORTUNITIES


4 MARKET OUTLOOK


4.1 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET OUTLOOK


4.2 MARKET EVOLUTION


4.3 MARKET DRIVERS


4.3.1 INCREASE IN TRAFFIC FATALITIES

4.3.2 EMERGING IOT TECHNOLOGIES PROJECT TO DRIVE THE MARKET

GROWTH


4.4 RESTRAINTS


4.4.1 THE HIGH INSTALLATION COST OF INTELLIGENT TRANSPORT SYSTEMS


4.5 OPPORTUNITIES


4.5.1 THE EMERGENCE OF CONNECTED AND AUTONOMOUS VEHICLES

(CAVS) TO AID IN FURTHER GROWTH

4.5.2 AUTOMOTIVE INTELLIGENT TRANSPORT SYSTEMS (ITS)


4.6 IMPACT OF COVID-19 ON UNITED STATES INTELLIGENT

TRANSPORTATION SYSTEMS MARKET 


4.7 PORTER’S FIVE FORCES


4.7.1 THE THREAT OF NEW ENTRANT

4.7.2 BARGAINING POWER OF SUPPLIERS

4.7.3 BARGAINING POWER OF BUYERS

4.7.4 THREAT OF SUBSTITUTES

4.7.5 INDUSTRIAL RIVALRY


4.8 VALUE CHAIN ANALYSIS


5 MARKET, BY OFFERING


5.1 OVERVIEW


5.2 HARDWARE


5.3 SOFTWARE


5.3.1 SENSORS (VEHICLE DETECTION SENSORS, PEDESTRIAN PRESENCE SENSORS, SPEED SENSORS)

5.3.2 SURVEILLANCE CAMERAS (THERMAL CAMERAS, AID CAMERAS)

5.3.3 TELECOMMUNICATION NETWORK (FIBER OPTIC CABLE, COPPER

LINES, WIRELESS MEDIA)

5.3.4 OTHERS (MONITORING AND DETECTION SYSTEMS, LINKED TRAFFIC CONTROLLERS AND VARIABLE MESSAGE SIGNBOARDS)


6 MARKET, BY SOLUTION TYPE


6.1 OVERVIEW

6.2 EVP

6.3 SIGNAL PRIORITY

6.4 FLEET MANAGEMENT

6.5 TRANSPORTATION SAFETY

6.6 TRAFFIC CONTROL

6.7 TOLLING

6.8 PARKING & TRAFFIC LAW ENFORCEMENT


7 MARKET, BY TYPE


7.1 OVERVIEW

7.2 ATMS

7.3 APTS

7.4 ATIS

7.5 ATPS

7.6 EMS


8 MARKET, BY END USER


8.1 OVERVIEW

8.2 EMS

8.3 FIRE DEPARTMENT

8.4 POLICE DEPARTMENT

8.5 TRAFFIC CONTROL

8.6 TRANSIT MANAGEMENT


9 MARKET, BY GEOGRAPHY


9.1 OVERVIEW

9.2 NORTHEAST UNITED STATES

9.3 SOUTHWEST UNITED STATES

9.4 WEST UNITED STATES

9.5 SOUTHEAST UNITED STATES

9.6 MIDWEST UNITED STATES


10 COMPETITIVE LANDSCAPE


10.1 OVERVIEW

10.2 COMPANY MARKET RANKING ANALYSIS

10.3 COMPANY REGIONAL FOOTPRINT

10.4 COMPANY INDUSTRY FOOTPRINT


10.5 ACE MATRIX


10.5.1 ACTIVE

10.5.2 CUTTING EDGE

10.5.3 EMERGING

10.5.4 INNOVATORS


11 COMPANY PROFILES


11.1 SIEMENS


11.1.1 COMPANY OVERVIEW

11.1.2 COMPANY INSIGHTS

11.1.3 SEGMENT BREAKDOWN

11.1.4 PRODUCT BENCHMARKING

11.1.5 SWOT ANALYSIS

11.1.6 WINNING IMPERATIVES

11.1.6.1 CURRENT FOCUS & STRATEGIES

11.1.6.2 THREAT FROM COMPETITION


11.2 THALES GROUP


11.2.1 COMPANY OVERVIEW

11.2.2 COMPANY INSIGHTS

11.2.3 SEGMENT BREAKDOWN

11.2.4 PRODUCT BENCHMARKING

11.2.5 SWOT ANALYSIS

11.2.6 WINNING IMPERATIVES

11.2.6.1 CURRENT FOCUS & STRATEGIES

11.2.6.2 THREAT FROM COMPETITION


11.3 TELEDYNE FLIR


11.3.1 COMPANY OVERVIEW

11.3.2 COMPANY INSIGHTS

11.3.3 PRODUCT BENCHMARKING

11.3.4 SWOT ANALYSIS

11.3.5 WINNING IMPERATIVES

11.3.5.1 CURRENT FOCUS & STRATEGIES

11.3.5.2 THREAT FROM COMPETITION


11.4 GARMIN


11.4.1 COMPANY OVERVIEW

11.4.2 COMPANY INSIGHTS

11.4.3 SEGMENT BREAKDOWN

11.4.4 PRODUCT BENCHMARKING


11.5 TOMTOM


11.5.1 COMPANY OVERVIEW

11.5.2 COMPANY INSIGHTS

11.5.3 SEGMENT BREAKDOWN

11.5.4 PRODUCT BENCHMARKING


11.6 KAPSCH TRAFFICCOM


11.6.1 COMPANY OVERVIEW

11.6.2 COMPANY INSIGHTS

11.6.3 PRODUCT BENCHMARKING


11.7 Q-FREE


11.7.1 COMPANY OVERVIEW

11.7.2 COMPANY INSIGHTS

11.7.3 PRODUCT BENCHMARKING


11.8 CUBIC CORPORATION


11.8.1 COMPANY OVERVIEW

11.8.2 COMPANY INSIGHTS

11.8.3 PRODUCT BENCHMARKING


11.9 CONDUENT, INC


11.9.1 COMPANY OVERVIEW

11.9.2 COMPANY INSIGHTS

11.9.3 PRODUCT BENCHMARKING


11.10 DAKTRONICS


11.10.1 COMPANY OVERVIEW

11.10.2 COMPANY INSIGHTS

11.10.3 PRODUCT BENCHMARKING


LIST OF TABLES


TABLE 1 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY

OFFERING, 2022-2030 (USD MILLION)


TABLE 2 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY HARDWARE, 2022-2030 (USD MILLION)


TABLE 3 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY SOLUTION TYPE, 2022-2030 (USD MILLION)


TABLE 4 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY TYPE, 2022-2030 (USD MILLION)


TABLE 5 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY END USER, 2022-2030 (USD MILLION)


TABLE 6 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY GEOGRAPHY, 2022-2030 (USD MILLION)


TABLE 7 NORTHEAST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY OFFERING, 2022-2030 (USD MILLION)


TABLE 8 NORTHEAST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY HARDWARE, 2022-2030 (USD MILLION)


TABLE 9 NORTHEAST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY SOLUTION TYPE, 2022-2030 (USD MILLION)


TABLE 10 NORTHEAST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY TYPE, 2022-2030 (USD MILLION)


TABLE 11 NORTHEAST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY END USER, 2022-2030 (USD MILLION)


TABLE 12 SOUTHWEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY OFFERING, 2022-2030 (USD MILLION)


TABLE 13 SOUTHWEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY HARDWARE, 2022-2030 (USD MILLION)


TABLE 14 SOUTHWEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY SOLUTION TYPE, 2022-2030 (USD MILLION)


TABLE 15 SOUTHWEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY TYPE, 2022-2030 (USD MILLION)


TABLE 16 SOUTHWEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY END USER, 2022-2030 (USD MILLION)


TABLE 17 WEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY OFFERING, 2022-2030 (USD MILLION)


TABLE 18 WEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY HARDWARE, 2022-2030 (USD MILLION)


TABLE 19 WEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY SOLUTION TYPE, 2022-2030 (USD MILLION)


TABLE 20 WEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS

MARKET, BY TYPE, 2022-2030 (USD MILLION)


TABLE 21 WEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY END USER, 2022-2030 (USD MILLION)


TABLE 22 SOUTHEAST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY OFFERING, 2022-2030 (USD MILLION)


TABLE 23 SOUTHEAST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY HARDWARE, 2022-2030 (USD MILLION)


TABLE 24 SOUTHEAST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY SOLUTION TYPE, 2022-2030 (USD MILLION)


TABLE 25 SOUTHEAST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY TYPE, 2022-2030 (USD MILLION)


TABLE 26 SOUTHEAST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY END USER, 2022-2030 (USD MILLION)


TABLE 27 MIDWEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY OFFERING, 2022-2030 (USD MILLION)


TABLE 28 MIDWEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY HARDWARE, 2022-2030 (USD MILLION)


TABLE 29 MIDWEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY SOLUTION TYPE, 2022-2030 (USD MILLION)


TABLE 30 MIDWEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY TYPE, 2022-2030 (USD MILLION)


TABLE 31 MIDWEST UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY END USER, 2022-2030 (USD MILLION)


TABLE 32 COMPANY MARKET RANKING ANALYSIS


TABLE 33 COMPANY REGIONAL FOOTPRINT


TABLE 34 COMPANY INDUSTRY FOOTPRINT


TABLE 35 SIEMENS: PRODUCT BENCHMARKING


TABLE 36 SIEMENS: WINNING IMPERATIVES


TABLE 37 THALES GROUP: PRODUCT BENCHMARKING


TABLE 38 THALES GROUP: WINNING IMPERATIVES


TABLE 39 TELEDYNE FLIR: PRODUCT BENCHMARKING


TABLE 40 GARMIN: PRODUCT BENCHMARKING


TABLE 41 TOMTOM: PRODUCT BENCHMARKING


TABLE 42 KAPSCH TRAFFICCOM: PRODUCT BENCHMARKING


TABLE 43 Q-FREE: PRODUCT BENCHMARKING


TABLE 44 CUBIC CORPORATION: PRODUCT BENCHMARKING


TABLE 45 CONDUENT, INC.: PRODUCT BENCHMARKING


TABLE 46 DAKTRONICS: PRODUCT BENCHMARKING


LIST OF FIGURES


FIGURE 1 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET SEGMENTATION

FIGURE 2 RESEARCH TIMELINES

FIGURE 3 DATA TRIANGULATION

FIGURE 4 MARKET RESEARCH FLOW

FIGURE 5 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY OFFERING (USD MILLION)

FIGURE 6 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY SOLUTION TYPE (USD MILLION)

FIGURE 7 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY TYPE (USD MILLION)

FIGURE 8 UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY

END USER (USD MILLION)

FIGURE 9 FUTURE MARKET OPPORTUNITIES

FIGURE 10UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET OUTLOOK

FIGURE 11VALUE CHAIN ANALYSIS

FIGURE 12UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY OFFERING

FIGURE 13UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY SOLUTION TYPE

FIGURE 14UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY TYPE

FIGURE 15UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY

END USER

FIGURE 16UNITED STATES INTELLIGENT TRANSPORTATION SYSTEMS MARKET, BY GEOGRAPHY, 2022-2030 (USD MILLION)

FIGURE 17ACE MATRIX

FIGURE 18SIEMENS: COMPANY INSIGHT

FIGURE 19SIEMENS: BREAKDOWN

FIGURE 20SIEMENS: SWOT ANALYSIS

FIGURE 21THALES GROUP: COMPANY INSIGHT

FIGURE 22THALES GROUP: BREAKDOWN

FIGURE 23THALES GROUP: SWOT ANALYSIS

FIGURE 24TELEDYNE FLIR: COMPANY INSIGHT

FIGURE 25TELEDYNE FLIR: SWOT ANALYSIS

FIGURE 26GARMIN: COMPANY INSIGHT

FIGURE 27GARMIN: BREAKDOWN

FIGURE 28TOMTOM: COMPANY INSIGHT

FIGURE 29TOMTOM: BREAKDOWN

FIGURE 30KAPSCH TRAFFICCOM: COMPANY INSIGHT

FIGURE 31Q-FREE: COMPANY INSIGHT

FIGURE 32CUBIC CORPORATION: COMPANY INSIGHT

FIGURE 33CONDUENT, INC.: COMPANY INSIGHT

FIGURE 34DAKTRONICS: COMPANY INSIGHT




The research starts with the extensive procurement process of data/information and statistics from company annual reports, government websites, statistics agencies, and paid databases. This information creates a base for the study. The information also helps to define the scope and to narrow down the area for study for the market. This raw information is processed and analyzed to extract crisp data points which currently affect or are likely to affect the industry during the forecast period. After analyzing the information, a proprietary statistical tool is used for market estimation and forecast, which generates the quantitative figures of the market/sub-segments in the current scenario as well as for the forecast period. 

After estimating the markets and estimates, the numbers are verified with industry participants and key opinion leaders. The wide network of industry participants add value to the research and verify the numbers and estimates provided in the study. At the last stage of the research process, a final report is prepared, which is then published on different websites as well as distributed through various channels. The below figure contains the different stages of the research process to produce the report.



1.1 DATA MINING
Data mining is an extensive part of our research process. It involves the procurement of market data and related information from different verified and credible sources. This step helps to obtain raw information about the industry and their Drivetrain, the monetary process for different end uses, the pool of market participants, and the nature of the industry and scope of the study. The data mining stage comprises both primary and secondary sources of information.
1.2 SECONDARY RESEARCH
In the secondary research process, various sources are used to identify and gather industry trends and information for the research process. We at TRI have access to some of the most diversified and extensive paid databases, which give us the most accurate data/information on markets Customers, and pricing. Mentioned below is a detailed list of sources that have been used for this study. Please note that this list is not limited to the names as mentioned; we also access other data sources depending on the need.
1.3 PRIMARY RESEARCH
In the primary research process, in-depth primary interviews are conducted with the CXOs to understand the market share, customer base, pricing strategies, channel partners, and other necessary information. Besides, in-depth primary interviews are conducted with the CXOs of vendors, channel partners, and others to validate the supply-side information. In addition, various key industry participants from both the supply and demand side are interviewed to obtain qualitative and quantitative information on the market. In-depth interviews with key primary respondents, including industry professionals, subject matter experts (Corporates), industry consultants, and C-Component executives of major companies, are conducted to obtain critical qualitative and quantitative information pertaining to the market, as well as to assess the prospects for market growth during the forecast period. Detailed information on these primary respondents is mentioned below. 
1.4 FORCASTING TECHNIQUES
We at Markstats Research Insights Private Limited follow an extensive process for arriving at market estimations, which involves the use of multiple forecasting techniques as mentioned below.
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