Smart Transportation Market 2020 World Analysis and Forecast Till 2026

Smart Transportation Market by Solution (Traffic Management, Smart Ticketing, Parking Management, Integrated Supervision, Passenger Information, Insurance Telematics Solution), by Service (Consulting Service, Deployment and Integration, Support and Maintenance) - Forecast to 2022Global Smart Transportation Market - OverviewRapid automation and technical advancements in automotive industry have encouraged the manufacturers to integrate smart technology in their transportation system.

Over the past few years, countries have witnessed an increase in the traffic which is directly affecting the probability of road accidents.

Smart transportation is expected to address all the aspects of transportation systems including smart parking, smart driving, pollution, and security system.

These aspects are expected to result in higher efficiency of transport system, with reduced commute time, and less traffic accidents.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/2467Rising demand of integrated security & safety for enhanced public safety is fuelling the market growth.

However, the growth of the market owing to lack of infrastructure in developing economies and high costs incurred in the implementation of smart transportation systems.Global Smart Transportation Market - SegmentationSegmentation by solution: traffic management solution, smart ticketing solution, parking management solution, integrated supervision solution, passenger information solution, insurance telematics solution, and others.Segmentation by services: consulting services, deployment and integration, and support & maintenance.Segmentation by region: North America, Europe, Asia-Pacific and rest of the world.Key PlayersThe prominent players in the Smart Transportation Market are - Cisco Systems, Inc. (U.S.), General Electric Company (U.S.), Alstom SA (France), Cubic Corporation (U.S.), Kapsch (Austria), IBM Corporation (U.S.), Thales Group (France), Siemens AG (Germany), AECOM (U.S.), Accenture Plc (Ireland), LG CNS Co. Ltd. (Korea), TomTom International B.V. (Netherlands) among others.Global Smart Transportation Market - Regional AnalysisTransportation sector has been widely impacted by rapid advancement in artificial intelligence, and self-driving technologies.

Smart transportation market is highly developed in Europe and the major factor contributing to the growth of this market is Europe being the hub of automotive manufacturing.

OCT 10, 2019: Smart Transportation Report by Material, Application, and Geography – Global Forecast to 2022 is a professional and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).To Request A Sample Copy Of This Report @:   https://www.radiantinsights.com/research/global-smart-transportation-market-research-report-2018/request-sampleThe report firstly introduced the Smart Transportation basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on.

Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc.

In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.The report includes six parts, dealing with:1.)

North American Smart Transportation Market;4.)

Market Entry and Investment Feasibility;6.)

Report Conclusion.To Browse Full Research Report @:https://www.radiantinsights.com/research/global-smart-transportation-market-research-report-2018Table of ContentsPart I Smart Transportation Industry OverviewChapter One Smart Transportation Industry Overview1.1 Smart Transportation Definition1.2 Smart Transportation Classification Analysis1.2.1 Smart Transportation Main Classification Analysis1.2.2 Smart Transportation Main Classification Share Analysis1.3 Smart Transportation Application Analysis1.3.1 Smart Transportation Main Application Analysis1.3.2 Smart Transportation Main Application Share Analysis1.4 Smart Transportation Industry Chain Structure Analysis1.5 Smart Transportation Industry Development Overview1.5.1 Smart Transportation Product History Development Overview1.5.1 Smart Transportation Product Market Development Overview1.6 Smart Transportation Global Market Comparison Analysis1.6.1 Smart Transportation Global Import Market Analysis1.6.2 Smart Transportation Global Export Market Analysis1.6.3 Smart Transportation Global Main Region Market Analysis1.6.4 Smart Transportation Global Market Comparison Analysis1.6.5 Smart Transportation Global Market Development Trend AnalysisChapter Two Smart Transportation Up and Down Stream Industry Analysis2.1 Upstream Raw Materials Analysis2.1.1 Upstream Raw Materials Price Analysis2.1.2 Upstream Raw Materials Market Analysis2.1.3 Upstream Raw Materials Market Trend2.2 Down Stream Market Analysis2.1.1 Down Stream Market Analysis2.2.2 Down Stream Demand Analysis2.2.3 Down Stream Market Trend AnalysisContinued…To See More Reports of This Category by Radiant Insights:https://www.radiantinsights.com/catalog/transport-and-logisticsAbout Radiant Insights:Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.

Smart transportation solutions generally comprise intelligent bridges, intelligent highways, intelligent traffic lights, and intelligent toll roads, smart bus systems, etc.

GPS navigation systems, electronic toll collection, electronic speed cameras, traffic alerting systems, and vehicle tracking systems are some of the technologies in use.

Other technologies in smart transportation systems may include automated route planning and scheduling, vehicle telematics, automated onboard computer systems, autonomous vehicle operation, e-mail or web-based communication with drivers, remote vehicle control, GPS network connectivity to determine vehicle position, real-time data on traffic conditions, fuel consumption, braking, and acceleration, and adaptive cruise control.

It can help minimize traffic problems by creating better and more efficient traffic scenarios.

It can also save the organization a lot of time and money when it comes to managing the mass traffic flow.

As the network fine-tunes its algorithms to prevent traffic bottlenecks, traffic delays may become less of a nuisance.

The  Smart Transportation Market  report additionally states import/trade utilization, free market activity figures, cost, value, volume and gross edges.

Few of the leading organizations’ names are listed here- Kapsch Traffic Com, Gemalto NV, Thales Group, Alstom, Schneider Electric, Siemens Ltd., MSR-Traffic, Cubic Corporation, WS ATKINS PLC, Cisco System, Inc., Accenture, IBM, LG CNS, Indigo Group and Toshiba Corporation and others.

Global smart transportation market is expected to  register a healthy CAGR of 19.7% in the forecast period of 2019 to 2026.Grab Sample Report + All Related Tables & Charts of Global Smart Transportation Market Study Now @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-smart-transportation-marketMarket Definition: The Smart Transportation is one of the most crucial and equipped with ITS (Intelligent Transportation System) based applications.

The smart sensor offers a wide range of applications in road transport including infrastructure, traffic management, mobility management, car navigation, container management systems, automatic number plate recognition and security CCTV systems applications Market TrendsOn the basis of solution the market is segmented into passenger information solution, traffic management solution,parking management solution, smart ticketing solution, insurance telematics solution and integrated supervision solution.

Focal points covered in this Smart Transportation Market reportThis Smart Transportation Market report provides pin point analysis of the market outlook and later establishes its comparison with current patterns.

Also it creates a relationship of the market outlook with Porter Five Force AnalysisThis research report is inclusive concept of the market progression.

Global Smart Transportation Market – OverviewThe smart transportation is an advanced transportation system provides innovative services associated with different modes of transport and traffic management for avoiding various problems including traffic accidents, congestion, and vehicle carbon emission.

The adoption of fleet management in smart transportation provides vehicles with a smarter solution that offers real-time visibility of driver performance, vehicle location, fuel consumption, travelling mileage speed, idle times, and increases efficiency & productivity of the vehicles.Due to the rapid urbanization, the amount of greenhouse gas increases in the environment which leads to the adoption of alternative fuels such as bio-fuels, ethanol, compressed natural gas (CNG), and increases the demand of solar and electric vehicles which is likely to impact the growth of smart transportation systems.Smart transportation systems include a broad range of wireless and wireline communication-based information, connectivity technologies for the better management of traffic and improve the existing transportation infrastructure..

Furthermore, there are various benefits of smart transportation, including improvement in safety issues, higher productivity & efficiency, environmental friendliness, and better life quality.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2467Also, the smart transportation involves the adoption of smart parking management solutions which uses the IoT technology along with mobile payment services.

It also provides real-time parking information displayed on the electronic sign board that is useful for both parking staff members as well as the end-users.

The adoption of multi-level parking provides various benefits including minimum utilization of land, greater convenience in entry and exit, with the help of multi sensors and safety devices offering low operating and maintenance expenses.

The adoption of advanced technologies including cloud computing, big data, evolution of wireless network, machine to machine(M2M), Internet of things (IoT), and government initiatives to support smart technologies in existing transportation are some of the factors that are impacting the growth of smart transportation market.

According to TMR, the Global Smart Transportation Market is accounted for  $59.07 billion in 2017 and is expected to reach $237.143 billion by 2026 growing at a CAGR of 16.7% during the forecast period.

Growth in transportation infrastructure, rising mega cities and population and rising number of on-road vehicles are the major key factors driving the market growth.

However, lack of standardized and uniform technology may hamper the market growth.

Smart transportation utilizes information technology and artificial intelligence to efficiently manage and coordinate transportation systems.

Smart transportation systems have emerged to be a sustainable solution to serve traffic management issues.

These solutions are applicable to both public and private transportation and are critical to economic growth.By Deployment Model, Cloud segment is likely to have a huge demand due to the growing need for storage of data generated through these systems.

The global smart transportation market was valued at USD 57.9 billion in 2018 and is expected to reach USD 191.3 billion in 2026, growing at a CAGR of 16.4% during the forecast period.

The European Union provided a definition of smart transportation as, “a system in which information and communication technologies are applied in the field of road transport, including infrastructure, vehicles, and users, and in traffic management and mobility management, as well as for interfaces with other modes of transport.” High-speed internet connectivity owing to 5G networks is enabling smart transportation technologies to develop a wide range of solutions.

Moreover, the availability of cloud services is allowing flexible solutions to be delivered.

The report provides a comprehensive analysis of all regional and key player segments providing closer insights into current industry conditions and future market opportunities.Key Market Segmentation of Smart Transportation Industry:The segmentation of the Smart Transportation market has been offered based on product type, application, Major Key Players, and region.

Every segment has been analyzed in detail, and data pertaining to the growth of each segment has been included in the analysisThe Top Players Listed in the Smart Transportation Market Report are Thales (France)Huawei (China)Siemens (Germany)IBM (US)Cisco Systems (US)SAP (Germany)Cubic (US)ALSTOM (France)Bombardier (Canada)and Toshiba (Japan)among othersBased on type, Smart Transportation market report split intoRoadwaysRailwaysAirwaysMaritimeBased on Application Smart Transportation market is segmented intoShared MobilityRoute Information and Route GuidancePublic TransportTransit HubsAutonomous/Driverless VehiclesOthersSmart transportation is increasingly being adopted to accommodate the needs of ever-increasing urban demographics.

According to the global status report on road safety 2018 by World Health Organization in December 2018, quoted that there are more than 1.35 million deaths annually owing to road traffic accidents which have now become the leading death cause of people aged 5-29 years.

The global 5G in Automotive and Smart Transportation Market report offers a comprehensive assessment of the market for the forecast years.

This global industry offers an outlook on the strategic development of the market in terms of revenue profits over the forecast period 2021-2026.The key market players for the global 5G in Automotive and Smart Transportation market are listed below:AUDIBMWRobert BoschDaimlerVolkswagenFordHuawei DeviceSamsungLGNokiaQualcomm TechnologiesDeutsche TelekomEricssonTelefonicaVerizonVodafoneOthersClick here to get a FREE Sample Copy of the 5G in Automotive and Smart Transportation Market Research Report @ https://www.decisiondatabases.com/contact/download-sample-18792The Global 5G in Automotive and Smart Transportation Market Report is equipped with market data from 2016 to 2026.

It also evaluates the competitive scenario of the leading players.

The detailed sales channel is also covered in the study.COVID-19 Impact Analysis on 5G in Automotive and Smart Transportation MarketThe global pandemic COVID-19 has affected the 5G in Automotive and Smart Transportation market directly or indirectly.

The detailed study highlights the probable outcomes of this global crisis on the 5G in Automotive and Smart Transportation industry.

The impact study on production, supply-demand, and sales provides a holistic approach to the future.Do You Have Any Query Or Report Customization?