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Research and Markets Offers Report: Intelligent Transport Systems Market by Component, Application, System & Geography Analysis and Forecast to... [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) Research and Markets Offers Report: Intelligent Transport Systems Market by Component, Application, System & Geography Analysis and Forecast to 2014 - 2020 Research and Markets has added the "Intelligent Transport Systems Market by Component, Application, System & Geography Analysis and Forecast to 2014 - 2020" report to its offerings. In a release, Research and Markets noted that report highlights include: Intelligent transportation systems have been constantly evolving over the decades, due to the rapid technological advancements in the arena. ITS technology based systems are intended to facilitate the realization of optimized, efficient, smooth, comfortable transport system to improve traffic flow and reducing the bottleneck of traffic congestion. It integrates the modern information and communication technology into the existing transportation systems. The major objective of the intelligent transport system market is to reduce traffic congestion, pollution level, and control the number of road accidents. The major reasons behind the increasing in traffic congestion are the increase in number of vehicles on the roads, increase in population, and migration of the rural areas to the metropolitan cities. The five major ITS systems are mostly in demand and deployed in all across the globe; they are Advanced Traffic Management System (ATMS), Advanced Traveller Information System (ATIS), ITS Enabled Transportation Pricing System, Advanced Public Transportation System (APTS), and Commercial Vehicle Operation (CVO). In coming years, most of the toll collection booths on the newly developed highways and expressways will be installed with the ITS-enabled transportation pricing system. The Government of developed countries like the U.S., Germany, and developing countries like India, China,and so on are also taking various initiatives towards the deployment of the systems provided by the intelligent transport system market. Intelligent transportation systems market can be categorized into different applications such as fleet management and asset monitoring, traffic signal control system, parking availability systems and automotive telematics. In the developing countries like India, China, Malaysia, Thailand, and so on., the demand for ITS applications like traffic signal control system, variable traffic message signs, and advanced traffic enforcement cameras is very high, in order to enhance the road transportation infrastructure. More information: www.researchandmarkets.com/research/mnj9zk/intelligent ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |