Global Intelligent Transportation System Market Research Report 2021 - Impact of COVID-19 on the Market

An intelligent transportation system (ITS) is an advanced application which, without embodying intelligence as such, aims to provide innovative services relating to different modes of transport and traffic management and enable users to be better informed and make safer, more coordinated, and 'smarter' use of transport networks.
The Intelligent Transportation System market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

Considering the influence of COVID-19 on the global Intelligent Transportation System market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the Intelligent Transportation System Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in Intelligent Transportation System market are:
TOMtom International BV
Q-Free
Kapsch Trafficcom
Xerox Corporation
Atkins
Savari Inc
Denso Corporation
Lanner Electronics Inc
China ITS
Hitachi Ltd
Thales Group
Iteris, Inc
EFKON AG
Ricardo PLC
Transcore Inc
ZTE
Siemens AG

Most important types of Intelligent Transportation System products covered in this report are:
Acoustic sensors
Optical Instruments
Software
Others

Most widely used downstream fields of Intelligent Transportation System market covered in this report are:
Traffic Management
Road Safety and Surveillance
Freight Management
Public Transport
Environment Protection
Automotive Telematics
Parking Management
Road User Charging
Automated Vehicles
Others

Major Region

s or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

Years considered for this report:

Historical Years:

2016-2020

Base Year:

2020

Estimated Year:

2021

Forecast Period:

2021-2026