The Smart Transportation is one of the most crucial and equipped with ITS (Intelligent Transportation System) based applications. It is connected wirelessly with Internet of Things (IoT) vertical technology. The main purpose is to collect data and controlling the real-time conditions, to improve performance and others. The smart sensor offers a wide range of applications in road transport including infrastructure, traffic management, mobility management, car navigation, container management systems, automatic number plate recognition and security CCTV systems applications.
Global smart transportation market is expected to register a healthy CAGR of 19.7% in the forecast period of 2019 to 2026 with Top players like Kapsch Traffic Com, Gemalto NV, Thales Group, Alstom, Schneider Electric, Siemens Ltd., MSR-Traffic, Cubic Corporation, WS ATKINS PLC, Cisco System, Inc., Accenture, IBM, LG CNS, Indigo Group and Toshiba Corporation and others
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This market report is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles. In the end, this Smart Transportation Market report guide through all the vital market factors.
Global Smart Transportation Market segmented By Solution ,Service ,Transportation Mode ,Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Industry Trends and Forecast to 2026
Major Topics Covered in this Report:
Market Size-by Manufacturers
Market Size-by Type
Market Size-by Application
Upstream, Industry Chain and Downstream Customers Analysis
Opportunities & Challenges, Threat and Affecting Factors
Major Market Competitors:
CISCO SYSTEM, INC.
The company was founded in 1984, headquarter in California, U.S. The company involved in the offering IT solution, networking and digital services to different players. The main business segments of the company are product and services. The revenue of the company in 2017 was USD 48,005.0 Million. Number of employees in 2017 was 73,951. The company has global presence in Africa, Asia-Pacific, Europe, Latin America and Middle East.
- In November, Cisco system, Inc delivered business intelligence IoT solution that is beneficial in launching smart city projects.
- In March, Cisco system, Inc. introduced transport network modernization for deploying older transport network and re-engineering network configuration.
Medtronic was founded in 1847 and headquartered at Munich Germany. The company is engaged in offering technologies and solutions for electrification, automation and digitalization and activities. It also offers systems for power generation and transmission as well as medical diagnosis. The main business segments are power and gas, energy management, building technologies, mobility, digital factory, process industries and drives, healthineers, financial services. The revenue of the company in 2017 was USD 93,625.3 Million. The market focused segment is mobility and digital group. The total numbers of employees are 372,000.
- In 2016, Siemens launched its business in region by opening intelligent Transport systems portfolio that used to reduce the city traffic, pollutions, and parking violations.
SCHNEIDER ELECTRIC SE
Founded in 1871 and headquartered in Rueil-Malmaison, France. The company is involved in the designing, development and sale of products, equipment and solutions related to the metering management, electrical equipment manufacturing, electrical distribution and secured power supply, building control, automation and safety, industrial control and automation, including software, management of all types of data centres, networks, equipment and others. The revenue of the company in 2017 was USD 27,894.0 Million. The market focused segment is mobility and digital group. The total numbers of employees are 142,000
- In April, Schneider Electric launched Villaya containerized microgrids, a new solar microgrid solution using PWRstation’s state-of-the-art retractable solar racking technology.
- In February, Schneider Electric signed agreement with US Department of Energy to o build a microgrid for Milford, Connecticut.
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