WiseGuyReports.com adds“Smart
Transportation Market 2016 Analysis & Forecast to 2021 Market Research
Report”reports to its database.
COMPLETE
REPORT DETAILS @
https://www.wiseguyreports.com/reports/global-smart-transportation-market-solutions-services-smart-green-fuels-and-geography-size-share-global-trends-company-profiles-demand-insights-analysis-opportunities-segmentation-and-forecast-2014-2020
Smart transport, also known as Intelligent Transport
System (ITS), is an advanced transportation infrastructure, which has the aim
to provide innovative services for traffic and transport management system. The
goal of this report is to analyze the current and expected trends of the smart
transportation market as the system has garnered substantial support from
government agencies. The study covers an in-depth analysis of the market based
on various solutions, services and smart/green fuels segments of the market.
The report analyzes opportunities in the developed and emerging economies so
that companies can strategically plan their moves in specific regions.
Government initiatives such as the EU Directive on
Intelligent Transport Systems passed on July 7 2010, to efficiently manage road
traffic was introduced, as it would save time and fuel. Additionally, it can
provide better safety and security by integrating intelligent communication
system in the infrastructure, which is another driving factor of the market.
Moreover, the ITS also aims at encouraging the development and promotion of
alternative green fuels as crude oil is available in limited resources and is
depleting fast. However, the key restraint for the market is the need of high
capital investment as the existing transport system requires a complete revamp.
Furthermore, certain downtime is required to update the infrastructure to
implement smart transport system, which is a huge obstacle, as it would mean a
complete halt in routine travel of passengers. The key opportunity for the
market lies in the investments in smart cities as smart transportation would be
an integral part of smart cities.
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Smart
Transportation Market Analysis by Solutions
The market is segmented on the basis of solutions such as ticketing
management system, parking management & guidance system, passenger
information system, integrated supervision system and traffic management
system. The ticketing management system is projected to have the highest
revenue share, as it is the basic system in transportation infrastructure,
which was implemented easily. However, the integrated supervision system is
expected to have the highest growth potential as it would reduce traffic
blocks, accidents and provide better safety measures.
Smart
Transportation Market Analysis by Services
The market is segmented into services such as business services,
professional services and cloud services. The professional services are
currently having the highest revenue share as the market requires several
professional services to upgrade the existing infrastructure. However, it is
expected that cloud services would have the highest growth potential as the
system would generate substantial amount of data which would be stored in cloud
systems.
Smart
Transportation Market Analysis by Smart/Green Fuels
The market is segmented into smart/green fuels such as bio-gas, ethanol,
hydrogen, wood-gas, solar-cell and others. Currently, ethanol is projected to
have the highest revenue share since it is extensively used as a biofuel
stabilizer in gasoline to reduce pollution. However, extensive research efforts
in developing solar-cell technology as an alternative fuel are being carried
out due to abundant availability of solar energy. Therefore, solar-cell is
expected to have the highest market potential in the green fuels segment.
Smart Transportation Market Analysis by Geography
Smart Transportation Market Analysis by Geography
The geographic segmentation of the market is made on the basis of North
America, Europe, Asia-Pacific, and Latin America, Middle East and Africa
(LAMEA). The European region is expected to have the highest revenue due to
government and EU initiatives to implement ‘ITS’ across the region. However,
the Asia-Pacific region is expected to have the highest market potential as the
purchasing power of the emerging population is increasing, which would lead to
increasing number of vehicles and complexities in traffic would require
efficient management.
Competitive
Landscape
The market is highly capital intensive and requires collaboration of
expertise to develop the system. Therefore, the top strategy adopted by
companies in the market is partnerships. The key companies profiled in the
report are Accenture Plc, Alstom SS, Cisco Systems, Inc., GE Transportation, IBM,
Kapsch, LG Communications, Cubic Corporation, Affiliated Computer Services,
Inc. and Honeywell International, Inc.
High
level Analysis
The report analyzes the potency of buyers & suppliers, threat of
substitute products and new entrants based on the Porter’s five force model.
Since the market is at an emerging stage, minimum options are available for the
buyers, which restrict their bargaining power. The bargaining power of
suppliers is high as they can negotiate with buyers according to their terms to
provide solutions and services to implement intelligence in the system. Threat
of substitute products is high as the market is still evolving and new
technologies are being explored to develop better solutions. The market
requires high capital investment and significant technical expertise;
therefore, the threat of new entrants is low. The intensity of rivalry is low
as companies are involved in partnerships to develop better solutions for the
market. The top investment pockets are evaluated based on the market
estimations of each segment. The key strategies adopted by the companies are
analyzed in detail to give implications of the competitive scenario.
KEY
BENEFITS
- Extensive analysis of the factors that drive and limit the growth of
the market are provide
- The report discusses key trends about the future of smart fuels such
as bio-gas, ethanol, hydrogen, wood-gas and solar-cell
- Market estimations are done according to the current market scenario
and projected trends for the period between 2014 and 2020 with 2013
as base year
- Deep dive analysis of various geographies would give an
understanding of the trends in various regions so that companies can make
region specific plans
- In-depth analysis of segments such as solutions and services provide
insights that would allow companies make strategic business plans
- The meticulous discussion of the supply chain participants of the
market is provided in value chain analysis
KEY
DELIVERABLES
The market is segmented into solutions, services and geographies as
follows:
MARKET
BY SOLUTIONS
- Ticketing Management System
- Parking Management & Guidance System
- Passenger Information System
- Integrated Supervision System
- Traffic Management System
MARKET
BY SERVICES
- Business Services
- Professional Services
- Cloud Services
MARKET
BY SMART/ GREEN FUEL
- Bio-gas
- Ethanol
- Hydrogen
- Wood-gas
- Solar-cell
- Other
MARKET
BY GEOGRAPHY
- North America
- Europe
- Asia-Pacific
- LAMEA
CONTINUE……
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