NJ New Jersey, USA -- (SBWire) -- 09/28/2023 --Advance Market Analytics added research publication document on Worldwide Aviation & Maritime Intelligent Transportation Systems Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Aviation & Maritime Intelligent Transportation Systems market. Some are the key & emerging players that are part of coverage and have being profiled are Stantec(Canada), Serco Group plc (United Kingdom) , Thales Group (France), Siemens (Germany), Intel Corporation (United States), TransCore (United States), Atkins Group (United Kingdom), Ricardo (United Kingdom), Republic ITS (United States), FUJITSU (Japan), Jacobs (United States, Steatite Ltd Steatite Ltd, Others.
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An intelligent transportation system (ITS) is a technology, application, or platform that improves the quality of transportation in order to achieve other outcomes based on applications that monitor, manage or enhance transportation systems. Furthermore, Intelligent Transportation System relies heavily on data collection and analysis. The main aim of the system is built to collect data and analyze it, the results are then used to control, manage and plan transportation. Sensors play an important role in data collection in the intelligent Transportation system. It has wide applications for monitoring speed alerts, Emergency notification systems,s, etc. The demand for the market is huge due wide application in various end-use industry
On November 2021 vontas has announced a new product initiatives group inside the organization. The aim of launching a new product is to invest in customer-focused innovation of ITS products and also expand its product portfolio
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 Aviation & Maritime Intelligent Transportation Systems Market various segments and emerging territory.
Influencing Market Trend
- Rising favorable government initiatives for effective traffic management and high adoption of eco-friendly aviation and maritime technology
Market Drivers
- Rising demand for smartphones as a device loaded with GPS and cloud services is a disruptive driving factor in the intelligent transport system market.. Similarly, such devices connected over the ITS can be used by individuals as well, by delivering real-time traffic, weather, and re-routing data via applications or direct messages.
Opportunities:
- Rapidly increasing advancements in technology such as data monitoring the real-time information like travel time, travel speed, delay, accidents on roads, change in route, diversions, work zone conditions, etc are creating another opportunity for investor and job creation due to demand in the market for implementation
Challenges:
- Frequently Coordination with different stakeholders, adopting different countries' ITS systems, keeping up with the technology, integrating with existing systems, and budget constraints is another challenging factor in the market
Analysis by Component (Hardware, Software, Service), Technology (Artificial intelligence, Virtual reality, Edge computing, Others), Application (Commercial, Private), Feature (Intelligent Information, Data Transmission, Data Analysis, Weather Forecasting, Others)
Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
- % Market Share, Segment Revenue, Swot Analysis for each profiled company [Stantec(Canada), Serco Group plc (United Kingdom) , Thales Group (France), Siemens (Germany), Intel Corporation (United States), TransCore (United States), Atkins Group (United Kingdom), Ricardo (United Kingdom), Republic ITS (United States), FUJITSU (Japan), Jacobs (United States, Steatite Ltd Steatite Ltd, Others]
- Business overview and Product/Service classification
- Product/Service Matrix [Players by Product/Service comparative analysis]
- Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
- Consumption, Capacity & Production by Players
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The regional analysis of Global Aviation & Maritime Intelligent Transportation Systems 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 2023-2028.
On March 2020 Siemens had acquired Republic ITS which is headquartered in Novato, California, United States. However, the company, which will be named Republic ITS, a Siemens Company, will become part of the Complete Transportation business of the Mobility Division of Siemens Industry, and be closely aligned with its ITS Solutions business.
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
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Highlights of the Report
- The future prospects of the global Aviation & Maritime Intelligent Transportation Systems market during the forecast period 2023-2028 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 Aviation & Maritime Intelligent Transportation Systems market.
