Intelligent transportation system

Global Intelligent Transportation Systems (ITS) Strategic Business Report 2024: Market to Reach $52.6 Billion by 2030 - Increasing Number of Mega Cities Favors Future Growth

Retrieved on: 
Monday, February 19, 2024

DUBLIN, Feb. 19, 2024 /PRNewswire/ -- The "Intelligent Transportation Systems (ITS) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 19, 2024 /PRNewswire/ -- The "Intelligent Transportation Systems (ITS) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Intelligent Transportation Systems (ITS) estimated at US$27.4 Billion in the year 2022, is projected to reach a revised size of US$52.6 Billion by 2030, growing at a CAGR of 8.5% over the analysis period 2022-2030.
  • Growth in the Advanced Traveler Information System (atis) segment is estimated at 7.1% CAGR for the next 8-year period.
  • The U.S. Market is Estimated at $10.7 Billion, While China is Forecast to Grow at 12.3% CAGR
    The Intelligent Transportation Systems (ITS) market in the U.S. is estimated at US$10.7 Billion in the year 2022.

Intelligent Transportation Systems Global Market Report 2024 - Market Poised to Reach $52.23 Billion by 2028

Retrieved on: 
Tuesday, February 13, 2024

DUBLIN, Feb. 13, 2024 /PRNewswire/ -- The "Intelligent Transportation Systems Global Market Report 2024" has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 13, 2024 /PRNewswire/ -- The "Intelligent Transportation Systems Global Market Report 2024" has been added to ResearchAndMarkets.com's offering.
  • The latest market insights reveal that the Intelligent Transportation Systems (ITS) industry is on a robust upward trajectory, with anticipated growth from $35.52 billion in 2024 to $52.23 billion by 2028.
  • The report provides an exhaustive analysis of the global ITS market, including sectorial performance, regional market shares, and projections for future industry developments.
  • The Intelligent Transportation Systems market is advancing at an impressive pace, with technological innovations and strategic industry maneuvers contributing to the market's growth and diversification.

Iteris Chosen to Support Intelligent Transportation Systems Project in Los Angeles County

Retrieved on: 
Tuesday, February 13, 2024

(NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a new contract by the City of Downey in Los Angeles County, California for a regional smart mobility project.

Key Points: 
  • (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that it has been awarded a new contract by the City of Downey in Los Angeles County, California for a regional smart mobility project.
  • View the full release here: https://www.businesswire.com/news/home/20240213671547/en/
    Iteris Chosen to Support Intelligent Transportation Systems Project in Los Angeles County (Photo: Business Wire)
    The five-month, nearly $900,000 contract was awarded under the Downey Citywide Bus Signal Priority Project and will involve the installation of technology to enable buses to request priority at signalized intersections.
  • This project is part of Iteris’ new Intelligent Transportation Systems (ITS) Build initiative that focuses on delivering specialized ITS installation services for Iteris traffic sensors, as well as other ITS hardware.
  • It also signifies the ongoing growth of Iteris’ ITS Build initiatives on the West Coast, aiming to enhance the value, efficiency and robustness of the area’s current transportation infrastructure."

Arbe Celebrates Milestone Achievements as Sensrad Announces Major Customer Orders for Revolutionary Radar Technology

Retrieved on: 
Thursday, January 18, 2024

TEL AVIV, Israel, January 18, 2023 - Arbe Robotics Ltd. (NASDAQ: ARBE), a global leader in Perception Radar Solutions, announced today that its tier 1, Sensrad AB, reported significant customer orders for radar systems leveraging Arbe’s chipset.

Key Points: 
  • TEL AVIV, Israel, January 18, 2023 - Arbe Robotics Ltd. (NASDAQ: ARBE), a global leader in Perception Radar Solutions, announced today that its tier 1, Sensrad AB, reported significant customer orders for radar systems leveraging Arbe’s chipset.
  • The recent orders from global companies underscore the market's recognition of the transformative impact of Arbe's radar chipset technology, integrated into Sensrad's Hugin Imaging Radar systems.
  • Key highlights of the Sensrad announcement of its customer orders include:
    An order from an American autonomous transportation global manufacturer.
  • “The recent success demonstrates that Arbe based cutting-edge radar solutions are gaining traction among industry leaders seeking state-of-the-art sensing technology,” says Kobi Marenko, Chief Executive Officer at Arbe.

V2X Growth Opportunities in North America and Europe's Passenger Vehicle Markets: C-V2X Adoption for V2V, V2I, and Emerging V2G Applications Will Drive Future C-ITS and Smart City Deployments - ResearchAndMarkets.com

Retrieved on: 
Friday, January 19, 2024

The "V2X Growth Opportunities in North America and Europe's Passenger Vehicle Markets" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "V2X Growth Opportunities in North America and Europe's Passenger Vehicle Markets" report has been added to ResearchAndMarkets.com's offering.
  • This report analyzes V2X growth opportunities in the passenger vehicles markets in North America and Europe based on in-depth discussions with industry thought leaders, including leading Tier-3 semiconductor providers, Tier-1 technology suppliers, and OEMs.
  • The main trends this study addresses aim to identify the broader automotive future of the Co-operative Intelligent Transport Systems (CIT-S) for smart cities.
  • The report forecast focuses on the top 5 pioneering premium and volume OEMs in Europe and North America, highlighting V2X vehicle production trends and costs.

Automotive V2X Market worth $9.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 25, 2024

Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.

Key Points: 
  • Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.
  • Prominent entities in the automotive V2X market provide software solutions that align with both Dedicated Short-Range Communication (DSRC) and Cellular Vehicle-to-Everything (C-V2X).
  • Other companies, such as Visteon, Autotalks, Derg, and Commsignia, also contribute software solutions for automotive V2X.
  • All these factors are expected to augment revenues for the software segment of the automotive V2X industry during the forecast period.

Automotive V2X Market worth $9.5 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, January 25, 2024

Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.

Key Points: 
  • Automotive Vehicle-to-Everything (V2X) software comprises a set of instructions that command various hardware components to execute specific tasks within the V2X technology framework.
  • Prominent entities in the automotive V2X market provide software solutions that align with both Dedicated Short-Range Communication (DSRC) and Cellular Vehicle-to-Everything (C-V2X).
  • Other companies, such as Visteon, Autotalks, Derg, and Commsignia, also contribute software solutions for automotive V2X.
  • All these factors are expected to augment revenues for the software segment of the automotive V2X industry during the forecast period.

Automotive Connectivity: In-Depth V2X Market Growth Opportunities Revealed for North America and Europe's Passenger Vehicle Sectors

Retrieved on: 
Friday, January 5, 2024

DUBLIN, Jan. 5, 2024 /PRNewswire/ -- The "V2X Growth Opportunities in North America and Europe's Passenger Vehicle Markets" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 5, 2024 /PRNewswire/ -- The "V2X Growth Opportunities in North America and Europe's Passenger Vehicle Markets" report has been added to ResearchAndMarkets.com's offering.
  • The world of automotive technology is rapidly evolving with the integration of vehicle-to-everything (V2X) systems, which are set to revolutionize the passenger vehicle markets in North America and Europe.
  • A new, comprehensive research publication discussing these cutting-edge developments has been added to our shelve of advanced market analytics.
  • Key Insights from the Study:
    An overview of market drivers and restraints governing the adoption of V2X technologies in the passenger vehicle sector.

Global Autonomous Car in 5G Era Research Study 2023: The 'Eyes' of Driverless Cars Analyzed and Explored

Retrieved on: 
Wednesday, January 3, 2024

DUBLIN, Jan. 3, 2024 /PRNewswire/ -- The "Synergy - Autonomous Car in 5G Era" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 3, 2024 /PRNewswire/ -- The "Synergy - Autonomous Car in 5G Era" report has been added to ResearchAndMarkets.com's offering.
  • The report also emphasizes the importance of 5G mobile networking as a basis for the driverless car ITS revolution.
  • Fully developed driverless car needs support of communications systems evolving in the transition to 5G; and these two developments are interrelated - a driverless car becomes a 5G use case.
  • A driverless car, for simplicity, may be described as a combination of a connected car and ADAS (Advanced Driver Assistance Systems); and other parts.

Global Autonomous Car in 5G Era Research Study 2023: 5G Era Propels Driverless Cars into the Mainstream by 2040 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 3, 2024

The report also emphasizes the importance of 5G mobile networking as a basis for the driverless car ITS revolution.

Key Points: 
  • The report also emphasizes the importance of 5G mobile networking as a basis for the driverless car ITS revolution.
  • Fully developed driverless car needs support of communications systems evolving in the transition to 5G; and these two developments are interrelated - a driverless car becomes a 5G use case.
  • The survey of driverless cars projects currently underway is conducted; as well as the survey of related patents (2018-2023).
  • A driverless car, for simplicity, may be described as a combination of a connected car and ADAS (Advanced Driver Assistance Systems); and other parts.