Report Highlights
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BCC Research forecasts strong growth for the intelligent transportation systems (ITS) device market. The worldwide market is valued at $24 billion in 2010 and is expected to increase at a 22.2% compound annual growth rate (CAGR) during the forecast period to reach a value of $65 billion in 2015.
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The Asia-Pacific (APAC) region, endowed with a favorable manufacturing climate and above-average innovation skills, will consolidate its position as the powerhouse of the ITS market. This region is valued at nearly $9.5 billion in 2010 and is expected to increase at a 24% compound annual growth rate (CAGR) to reach nearly $28 billion in 2015.
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The fastest-growing market will be the Caribbean and Latin America (CALA) region for the sheer gap that exists between the latent demand and supply. This region is valued at nearly $2.3 billion in 2010 and is expected to reach $7.3 billion in 2015, a compound annual growth rate (CAGR) of 26.4%.
INTRODUCTION
- Forecasting the market size for ITS devices in terms of dollar sales and shipment volumes
- Classifying the ITS device market into different functional categories
- Classifying the ITS device market into different applications
- Classifying the ITS device market into different vehicle types
- Classifying the ITS device market into different geographical regions
- Analyzing the role played by wireless waveforms in ITS, as well as forecasting the market size for different wireless waveform chipsets in terms of sales and shipment volumes
- Analyzing the prospects for ITS with emphasis on localized drivers, challenges, implementation methodologies, and case studies with respect to individual ITS applications
- Examining region-specific environmental factors that impact the ITS device markets
- Highlighting the roles played by major stakeholders and players
- Providing an overview of the activities of influential companies
- Examining crucial innovation breakthroughs through a detailed patent analysis
- Railroads
- Two-wheel vehicles such as motorcycles and mopeds
- Cellular waveforms
- Bluetooth
- Radio frequency identification (RFID)
- Global positioning system (GPS)
- Wi-Fi
- Dedicated short-range communications (DSRC)
- Safety and risk management
- Vehicle telematics
- Fleet management and asset monitoring
- Navigation- and location-based services
- Hands-free and voice-activated phones
- Anti-skidding control systems and electronic stability control
- Collision-avoidance systems
- Distracted- and drowsy driving detector systems
- Pedestrian-protector systems
- Automated cruise control systems
- Advanced parking tools
- Contactless toll payments
- In-vehicle wireless access systems
- Vehicle health monitors
- M2M systems
- Stolen vehicle tracking
- Vehicle tracking and identification systems
- Intelligent traffic signals
- Weighing stations
- In-vehicle navigation systems
- In-vehicle emergency call systems
- GIS
- Emergency warning systems
- Accident location identification systems
- Road weather information systems (RWIS)
- Safety and risk management: Hands-free and voice-activated phones, anti-skidding control systems and electronic stability control, collision-avoidance systems, distracted- and drowsy driving detector systems, pedestrian-protector systems
- Vehicle telematics: Automated cruise control systems, advanced parking tools, contactless toll payments, in-vehicle wireless access systems
- Fleet management and asset monitoring: Vehicle health monitors, M2M systems, stolen vehicle tracking
- Navigation- and location-based services: In-vehicle navigation systems, in-vehicle emergency call systems
- North America (NA)
- Europe, Middle East, Africa (EMEA)
- Asia-Pacific (APAC)
- Caribbean and Latin America (CALA)
- It identifies the major categories and applications that complete the ITS market.
- It breaks down the dollar value and shipment volume of the ITS device market along categories, applications, vehicle types, and geographical regions.
- It breaks down the waveform chipset dollar value and shipment volume market along waveform standards, ITS applications, and ITS categories.
- Intellectual property (IP) owners
- Automakers
- Auto component suppliers
- Geographical information system (GIS) experts
- Navigation device makers
- Transportation infrastructure providers
- Cellular operators
- Regulators and transportation authorities
- Sales track records of major automotive components vendors, automobile companies, wireless operators, chipset vendors as well as data provided by regulators and industry bodies were referenced.
- The bills of materials for individual ITS devices were also considered to compute the individual ITS application market sizes.
- Average selling prices of wireless chipsets and their average usage per device were considered for computing wireless chipset market sizes.
- Regional growth trends were based on their respective automotive market sizes, health of the economies of key nations, and regulator enthusiasm.
- Historical pricing trends and the impact of financial meltdown on these trends were also considered.
- Published industry data
- Shipment reports of non-listed companies
- 10-K reports
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