According to TechSci Research report, “India Intelligent Transportation System Market - By Region, Competition Forecast & Opportunities, 2018-2028,” The India Intelligent Transportation System (ITS) market is poised for robust growth from 2024 to 2028. ITS leverages sensing, analysis, control, and communications technologies in ground transportation to enhance safety, mobility, and efficiency. It encompasses diverse applications that analyze and communicate data to reduce congestion, optimize traffic management, minimize environmental impact, and improve transportation benefits for businesses and the public.
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Intelligent Transportation Systems (ITS) are developed to address concerns such as transportation security, emissions, and traffic density, and are widely deployed globally, especially in the United States and Europe. These systems are tailored for highway and tunnel projects, integrating cutting-edge technology and communication channels to meet user demands and infrastructure needs. India is emerging as a promising market as the country upgrades its transportation infrastructure to meet international standards.
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Increasing awareness about enhanced safety mechanisms provided by ITS, ensuring commuter safety and delivering real-time traffic information, is driving its adoption in India. The technology is being systematically deployed across various sites, offering features like accident detection and emergency notifications that ensure timely ambulance arrival within 15 minutes. This expansion presents growth opportunities for leading companies to scale their development, production, and distribution capacities to meet rising demand. Government initiatives such as InTranSE (Collaborative Intelligent Transportation Systems Endeavor for Indian Cities) further bolster the potential for advanced ITS solutions in India, contributing to overall industry expansion.
Explore comprehensive market data and an extensive Table of Contents (TOC) spanning 70 pages on the "India Intelligent Transportation System Market."
As the number of autonomous and connected vehicles continues to rise, India's transportation infrastructure is evolving to accommodate future needs. ITS service providers offer expertise in solution design, system planning, implementation, and project execution, aligning with urbanization trends, increasing disposable incomes, and the demand for modern vehicles that simplify the driving experience. This convergence drives the need for well-connected transportation systems, enhanced infrastructure, and improved road safety.
Additionally, upcoming smart city projects, enhanced communication networks, and government initiatives aimed at smart development in India are expected to create new opportunities in the market.
Key market players in the India Intelligent Transportation System Market include:
- Tata Group
- Siemens India
- Urban Mass Transit Company Limited
- Schneider Electric India Pvt. Ltd
- Urban Mass Transit Company Limited
- Mobisoft Infotech LLC
- Kent Intelligent Transportation Systems India Pvt Ltd
- NEC Corporation India Pvt. Ltd
- AUM Infotech Pvt Ltd
- ATT India
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During the projected period, Advanced Traffic Management Systems (ATMS) are expected to make a significant contribution to the India Intelligent Transportation System Market. It is mostly due to these systems' capacities to optimize traffic flow and vehicle mobility, record real-time traffic data via speed sensors and cameras, and take automatic action, among other things. ATM use is rapidly rising across India as a result of these benefits. Furthermore, growing awareness of other benefits such as increased transportation system efficiency, improved safety, increased economic productivity, reduced fuel consumption, and lower environmental costs, among others, are contributing to the growing popularity and utilization of these systems in India. Furthermore, the government's active engagement is encouraging demand for ATMS, as the National Highways Authority of India (NHAI) performed a test for the ATMS system on the Delhi-Meerut Expressway and the Eastern Peripheral Expressway. As a result, it is creating chances for the industry's leaders to expand their research, manufacturing, and distribution of these systems for the rising installation throughout roads and motorways.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Intelligent Transportation System Market By Type (Advanced Traffic Management System (ATMS), Advanced Traveler Information System (ATIS), Advanced Public Transportation System (APTS), Advanced Transportation Pricing System (ATPS), Others), By Applications (Traffic Monitoring & Management, Freight Management, Public Transport Management, Road Tolling System, Parking Management, Others), By Deployment (On-Premises, Cloud), By Region, Competition Forecast & Opportunities, 2028,” has assessed the India Intelligent Transportation System market's future development potential and provides data and information on market size, structure, and projected market growth. The report's goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, constraints, and opportunities in the India Intelligent Transportation System Market.
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