Smart Transportation Market Poised for Global Expansion: Analysing Technology Trends and Business Opportunities

The latest study released on the global 'Smart Transportation' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Smart Transportation' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
Alstom (France), Cisco System (United States), Cubic (United States), General Electric (United States), Indra Sistema (Spain), IBM (United States), Kapsch (Austria), LG CNS (South Korea), Conduent Inc. (United States), Trimble (United States), TomTom (Netherlands), Hitachi (Japan)
Smart transportation is an array of technologies that helps to achieve a goal of efficient energy management, improve the quality of life and safety of urban citizens. Though, the technological infrastructure across the world is growing at significant pace, the emerging countries still needs substantial development in the area of smart transportation and networking infrastructure. The European Commission has put forward an investment plan worth USD 13 billion in the transport infrastructure for 276 transport projects, selected under the Connecting Europe Facility (CEF).

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Smart Transportation Market various segments and emerging territory.

Influencing Market Trend
• Surging demand of autonomous vehicles in various developed economies such as United States, United Kingdom, France and others
• Encourages the development and promotion of green fuels
Market Drivers
• Rise in traffic congestions owing to increase in number of vehicles across the world
• Smooth flow of traffic and time saving in commutation of vehicles
Opportunities:
• Surging government focus on reducing greenhouse gas emission and curbing alarming levels of traffic congestion
• Rise in demand of efficient transportation and networks worldwide

Analysis by Type (Ticketing Management System, Parking Management System, Integrated Supervision System, Traffic Management System), Application (Autonomous/driverless vehicles, Route information and route guidance, Shared mobility, Transit hubs, Video management, Others), Transportation Mode (Airways, Roadways, Railways, Maritime)

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The regional analysis of Global Smart Transportation Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

In January 2019, Cubic Corporation announced the acquisition of GRIDSMART Technologies Inc., a market-leading, technology-driven business with a differentiated video tracking offering in the Intelligent Traffic Systems (ITS) market.

In November 2018, Kapsch TrafficCom announced its acquisition of eTrans Systems, a Virginia-based provider of connected and autonomous vehicle (CAV) solutions that provide the foundation for a wide range of safety and mobility applications. The acquisition enriches the Kapsch

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/11805-global-smart-transportation-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Smart Transportation market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Smart Transportation market.

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This release was published on openPR.