Intelligent Traffic Management System Market by Type Industry and Mode of Operation Global Opportunity Analysis and Industry Forecast, 2021–2027|| Cubic Corporation, SNC-Lavalin Group, Thales Group

The intelligent traffic management system is defined as an advanced application that without embodying intelligence as such aims to provide innovative services related to different modes of transport and traffic management.

A Traffic light timing in real-time The smart traffic management system helps traffic lights to operate in real-time conditions. Traffic operates based on traffic congestion automatically. Safety from road accidents Due to the deployment of this system, the chances of road accidents can be minimized.

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Key Players-
• Cubic Corporation
• SNC-Lavalin Group (Atkins)
• Thales Group
• International Business Machines Corporation
• General Electric Company
• Siemens AG
• Kapsch TrafficCom
• TomTom International BV
• Q-Free ASA
• TransCore

This report gauges income development at worldwide, provincial, and national levels and gives an examination of the most recent industry patterns in every one of the sub-sections from 2021 to 2027. For this review, Grand View Research has portioned the worldwide canny traffic the executive's framework market report dependent on arrangement and area
The Global Intelligent Traffic Management System Market Segmentation-
• Solution Outlook -
• Traffic Monitoring System
• Traffic Signal Control System
• Traffic Enforcement Camera
• Integrated Corridor Management
• Intelligent Driver Information System
• Others
• Regional Outlook-
• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa (MEA)

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North America ruled the worldwide market with a portion of more than 35% in 2020. The United States Department of Transportation (DOT) has been intensely putting resources into innovative work, execution, and reception of canny traffic the board frameworks the nation over. Headways in correspondence advancements are upgrading the transformation of the transportation network across the district. Versatile and radio gadgets including short-range committed innovation are empowering drivers, cargo administrators, travel travelers, and transport specialists to embrace V2V correspondence. The utilization of this innovation is expected to increment with the number of vehicles across the locale, driving the interest in ITMS arrangements.

The Asia Pacific provincial market is relied upon to observe huge development over the gauge time frame. As indicated by UN 2017 total populace prospects, Asia's populace is probably going to arrive at 5.26 billion by 2050, and around 64% of the district's populace is relied upon to become metropolitan. To lessen the weight of the locale's diminishing area conveying limit, states in the district are zeroing in on working on the generally actual framework. Transportation being an essential part of the actual foundation, the interest for ITMS is relied upon to increment fundamentally in the district sooner rather than later. Nations like China, Japan, South Korea, and India are expected to lead the ITMS market. Drives attempted by government bodies in the area are relied upon to fuel the development of the market. For example, in 2017, China gave a five-year plan for building up a cutting-edge, proficient, green, protected, insightful, and extensive transportation framework.

Table of Contents:
Chapter 1. Market Overview
Chapter 2. Market Competition by Players / Suppliers
Chapter 3. Sales and Revenue by Type, by Application, by regions
Chapter 4. Monitoring Market Sales and revenue
Chapter 5. Manufacturing Cost Analysis
Chapter 6. Industrial Chain, Sourcing Strategy, and Down Stream Buyers
Chapter 7. Strategy Analysis, Distributors/Traders
Chapter 8. Market effective factors Analysis
Chapter 9. Market Size and Forecast
Chapter10. Conclusion
Chapter11. Appendix

Rebecca Parker
(Report Consultant)
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www.reportconsultant.com

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