The Asia Pacific Intelligent Traffic Management System Market would witness market growth of 17.00% CAGR during the forecast period (2021-2027).
Intelligent traffic management systems draw upon people’s everyday needs since mobility is one of the crucial parts of the human lives. By using intelligent traffic management system, vehicle operators can collaborate and synchronize with their colleagues to navigate through schedules and routes. All modes of transportations from emergency vehicles to public transportation get the benefits from the connectivity of intelligent traffic management systems.
Some type of traffic management system is installed across many cities to enhance their existing infrastructures such as surveillance cameras, interconnected streetlights, and wireless networks. It is highly difficult for a single independent technology to deploy an enhanced traffic management system.
The effectiveness of Dedicated Short-Range Communications has been tested and installed at different places in Singapore as it moves forward to enhance the future traffic management system. It is at the technological forefront of traffic solutions with first-class versatility which can be used both in and out of China. The Traffic Information and Comprehensive Service Platform can deliver all data required while travelling from driving license penalties, car repairs, real-time traffic, tram routes, and bike rentals.
The Chinese Ministry of Public Security announced the launch of country-wide online traffic management and a data system that will provide more than 130 services. In addition, users can further plan their travel arrangements well in advance due to the new services provided by the intelligent system.
The China market dominated the Asia Pacific Intelligent Traffic Management System Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,262.1 Million by 2027. The Japan market is estimated to grow at a CAGR of 18% during (2021 - 2027). Additionally, The India market would showcase CAGR of 18.1% during (2021 - 2027).
Based on solution, the market is segmented into traffic monitoring systems, intelligent driver information systems, integrated corridor management, traffic signal control systems, traffic enforcement cameras, and others solutions. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Intelligent Traffic Management System Market is Projected to reach USD 18.37 billion by 2027, at a CAGR of 15.60%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Siemens AG, Thales Group S.A., Kapsch TrafficCom AG (Datax Handelsgmbh), SNC-Lavalin Group, Inc. (Atkins PLC), Q-Free ASA, Wabtec Corporation, Cubic Corporation, TomTom N.V., and TransCore.
Scope of the Study
Market Segments Covered in the Report:
By Solution
- Traffic Monitoring Systems
- Intelligent Driver Information Systems
- Integrated Corridor Management
- Traffic Signal Control Systems
- Traffic Enforcement Cameras
- Others Solutions
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Siemens AG
- Thales Group S.A.
- Kapsch TrafficCom AG (Datax Handelsgmbh)
- SNC-Lavalin Group, Inc. (Atkins PLC)
- Q-Free ASA
- Wabtec Corporation
- Cubic Corporation
- TomTom N.V.
- TransCore
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Intelligent Traffic Management System Market, by Solution
1.4.2 Asia Pacific Intelligent Traffic Management System Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2017, Jul – 2021, Oct) Leading Players
Chapter 4. Asia Pacific Intelligent Traffic Management System Market by Solution
4.1 Asia Pacific Traffic Monitoring System Market by Country
4.2 Asia Pacific Intelligent Driver Information System Market by Country
4.3 Asia Pacific Integrated Corridor Management Market by Country
4.4 Asia Pacific Traffic Signal Control System Market by Country
4.5 Asia Pacific Traffic Enforcement Camera Market by Country
4.6 Asia Pacific Other Solution Market by Country
Chapter 5. Asia Pacific Intelligent Traffic Management System Market by Country
5.1 China Intelligent Traffic Management System Market
5.1.1 China Intelligent Traffic Management System Market by Solution
5.2 Japan Intelligent Traffic Management System Market
5.2.1 Japan Intelligent Traffic Management System Market by Solution
5.3 India Intelligent Traffic Management System Market
5.3.1 India Intelligent Traffic Management System Market by Solution
5.4 South Korea Intelligent Traffic Management System Market
5.4.1 South Korea Intelligent Traffic Management System Market by Solution
5.5 Singapore Intelligent Traffic Management System Market
5.5.1 Singapore Intelligent Traffic Management System Market by Solution
5.6 Malaysia Intelligent Traffic Management System Market
5.6.1 Malaysia Intelligent Traffic Management System Market by Solution
5.7 Rest of Asia Pacific Intelligent Traffic Management System Market
5.7.1 Rest of Asia Pacific Intelligent Traffic Management System Market by Solution
Chapter 6. Company Profiles
6.1 IBM Corporation
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional & Segmental Analysis
6.1.4 Research & Development Expenses
6.1.5 SWOT Analysis
6.2 Siemens AG
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations, and Agreements:
6.2.5.2 Acquisitions and Mergers:
6.2.6 SWOT Analysis
6.3 Thales Group S.A.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research and Development Expense
6.4 Kapsch TrafficCom AG (Datax Handelsgmbh)
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.4.5 Recent strategies and developments:
6.4.5.1 Partnerships, Collaborations, and Agreements:
6.4.5.2 Acquisitions and Mergers:
6.5 SNC-Lavalin Group, Inc. (Atkins PLC)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Recent strategies and developments:
6.5.4.1 Partnerships, Collaborations, and Agreements:
6.5.5 SWOT Analysis
6.6 Q-Free ASA
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Regional & Segmental Analysis
6.6.4 Recent strategies and developments:
6.6.4.1 Partnerships, Collaborations, and Agreements:
6.6.4.2 Product Launches and Product Expansions:
6.7 Wabtec Corporation
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional & Segmental Analysis
6.8 Cubic Corporation
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research and Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Partnerships, Collaborations, and Agreements:
6.8.5.2 Acquisitions and Mergers:
6.9 TomTom N.V.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.9.5 Recent strategies and developments:
6.9.5.1 Partnerships, Collaborations, and Agreements:
6.9.5.2 Acquisitions and Mergers:
6.9.5.3 Product Launches and Product Expansions:
6.9.6 SWOT Analysis
6.10. TransCore
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Regional & Segmental Analysis
6.10.4 Research & Development Expenses
6.10.5 Recent strategies and developments:
6.10.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Intelligent Traffic Management System Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Intelligent Traffic Management System Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Intelligent Traffic Management System Market
TABLE 4 Product Launches And Product Expansions– Intelligent Traffic Management System Market
TABLE 5 Acquisition and Mergers– Intelligent Traffic Management System Market
TABLE 6 Asia Pacific Intelligent Traffic Management System Market by Solution, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Intelligent Traffic Management System Market by Solution, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Traffic Monitoring System Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Traffic Monitoring System Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Intelligent Driver Information System Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Intelligent Driver Information System Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Integrated Corridor Management Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Integrated Corridor Management Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Traffic Signal Control System Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Traffic Signal Control System Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Traffic Enforcement Camera Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Traffic Enforcement Camera Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Other Solution Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Other Solution Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Intelligent Traffic Management System Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Intelligent Traffic Management System Market by Country, 2021 - 2027, USD Million
TABLE 22 China Intelligent Traffic Management System Market, 2017 - 2020, USD Million
TABLE 23 China Intelligent Traffic Management System Market, 2021 - 2027, USD Million
TABLE 24 China Intelligent Traffic Management System Market by Solution, 2017 - 2020, USD Million
TABLE 25 China Intelligent Traffic Management System Market by Solution, 2021 - 2027, USD Million
TABLE 26 Japan Intelligent Traffic Management System Market, 2017 - 2020, USD Million
TABLE 27 Japan Intelligent Traffic Management System Market, 2021 - 2027, USD Million
TABLE 28 Japan Intelligent Traffic Management System Market by Solution, 2017 - 2020, USD Million
TABLE 29 Japan Intelligent Traffic Management System Market by Solution, 2021 - 2027, USD Million
TABLE 30 India Intelligent Traffic Management System Market, 2017 - 2020, USD Million
TABLE 31 India Intelligent Traffic Management System Market, 2021 - 2027, USD Million
TABLE 32 India Intelligent Traffic Management System Market by Solution, 2017 - 2020, USD Million
TABLE 33 India Intelligent Traffic Management System Market by Solution, 2021 - 2027, USD Million
TABLE 34 South Korea Intelligent Traffic Management System Market, 2017 - 2020, USD Million
TABLE 35 South Korea Intelligent Traffic Management System Market, 2021 - 2027, USD Million
TABLE 36 South Korea Intelligent Traffic Management System Market by Solution, 2017 - 2020, USD Million
TABLE 37 South Korea Intelligent Traffic Management System Market by Solution, 2021 - 2027, USD Million
TABLE 38 Singapore Intelligent Traffic Management System Market, 2017 - 2020, USD Million
TABLE 39 Singapore Intelligent Traffic Management System Market, 2021 - 2027, USD Million
TABLE 40 Singapore Intelligent Traffic Management System Market by Solution, 2017 - 2020, USD Million
TABLE 41 Singapore Intelligent Traffic Management System Market by Solution, 2021 - 2027, USD Million
TABLE 42 Malaysia Intelligent Traffic Management System Market, 2017 - 2020, USD Million
TABLE 43 Malaysia Intelligent Traffic Management System Market, 2021 - 2027, USD Million
TABLE 44 Malaysia Intelligent Traffic Management System Market by Solution, 2017 - 2020, USD Million
TABLE 45 Malaysia Intelligent Traffic Management System Market by Solution, 2021 - 2027, USD Million
TABLE 46 Rest of Asia Pacific Intelligent Traffic Management System Market, 2017 - 2020, USD Million
TABLE 47 Rest of Asia Pacific Intelligent Traffic Management System Market, 2021 - 2027, USD Million
TABLE 48 Rest of Asia Pacific Intelligent Traffic Management System Market by Solution, 2017 - 2020, USD Million
TABLE 49 Rest of Asia Pacific Intelligent Traffic Management System Market by Solution, 2021 - 2027, USD Million
TABLE 50 Key information – IBM Corporation
TABLE 51 Key Information – Siemens AG
TABLE 52 key information – Thales Group S.A.
TABLE 53 Key Information – Kapsch TrafficCom AG
TABLE 54 key information – SNC-Lavalin Group, Inc.
TABLE 55 Key information – Q-Free ASA
TABLE 56 Key information – Wabtec Corporation
TABLE 57 Key Information – Cubic Corporation
TABLE 58 Key information – TomTom N.V.
TABLE 59 Key information – TransCore
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, collaborations and agreements : 2017, Jul – 2021, oct) Leading Players
FIG 5 Swot analysis: IBM Corporation
FIG 6 Recent Strategies and Developments: Siemens AG
FIG 7 Swot analysis: Siemens AG
FIG 8 Recent Strategies and Developments: Kapsch TrafficCom AG
FIG 9 SWOT Analysis: SNC-Lavalin Group, Inc.
FIG 10 Recent Strategies and Developments: Q-Free ASA
FIG 11 Recent Strategies and Developments: Cubic Corporation
FIG 12 Recent Strategies and Developments: TomTom N.V.
FIG 13 SWOT Analysis: TomTom N.V.