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Middle East ITS Market

The Middle East intelligent transportation systems (ITS) market size is projected to value at USD 6.77 billion by 2025, according to a new report published by Million Insights, accounting for a CAGR of 11.6% from 2018 to 2025.<br>

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Middle East ITS Market

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  1. Middle East ITS Market Revenue Drivers Growth Opportunities Supply Chain Analysis and Forecast Research Report Till 2025 “The Middle East intelligent transportation systems (ITS) market size is projected to value at USD 6.77 billion by 2025, according to a new report published by Million Insights, accounting for a CAGR of 11.6% from 2018 to 2025.” The Middle East ITS Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: The Middle East intelligent transportation systems (ITS) market size is projected to value at USD 6.77 billion by 2025, according to a new report published by Million Insights, accounting for a CAGR of 11.6% from 2018 to 2025. Intelligent transportation system is combined with superior automotive sensors to track and create strategies to lower traffic congestion or offer accessibility to sensitive pollution zones, where quality of air is beneath the acceptable range. Key Players: ADCCO LLC Agero, Inc. DENSO Corporation EFKON AG Hitachi Ltd. Garmin International Iteris KapschTrafficCom AG Lanner Electronics Nuance Communications

  2. Request free sample to get complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/middle-east-intelligent-transportation-systems-its- market/request-sample Growth Drivers: Fluctuations in the prices of crude oil and petroleum had a little effect on investment flow in the transportation and mobility sector in this region. Major countriesin the region like United Arab Emirates (U.A.E.) and Kingdom of Saudi Arabia in transforming mobility have huge monetary reserves to support these projects. The region is a hub for numerous big and metropolitan cities, where there issignificant growth in population. In this situation, there can be foreseeable issues relating to mobility in the offing. Constant government efforts for better infrastructure and public transport to fulfill the urban transportation issues are boosting the market. Intelligent transportation systems are important solution to safety and traffic challenges. These are the integration of information and communication technology equipped into transportation infrastructure to provide better passenger safety and efficiency. Innovations in communication and information technology are expected to positively affect the Middle East ITS market growth. Type Outlook: ATIS ATMS ATPS APTS EMS Application Outlook: Automatic Crash Notification (ACN) Emergency Calling Vehicle Tracking Navigation and Infotainment Diagnostics Road Assistance Regional Outlook: The Kingdom of Saudi Arabia is likely to grow at the highest CAGR of 12.2% from 2018 to 2025. The country has planned large-scale innovative projects across its driver cities coupled with religious cities like Medina and Mecca. The ‘Vision 2030’ has allowed the realization of several infrastructure outlines including railways, airways, and roadways development. Saudi Arabia has invested billions of dollars in these projects and has planned to combine intercity local transport services, which is expected to drive ITS in the Middle East. Browse Related Category Research Reports @ https://blog.naver.com/tomclark

  3. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Asia Pacific Global Headquarters Million Insights Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Phone: 91-20-65300184 Email: sales@millioninsights.com

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