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(IT-NEWSWIRE.COM, January 13, 2018 ) Smart transportation system is advanced applications of information, communication technologies and management strategies in order to provide highly efficient services related transportation and traffic management. Besides this, smart transportation systems offers improved operational efficiency, enhancing road safety, and less traffic congestion. Smart transportation system has broadly application in parking availability system, traffic enforcement camera, collision avoidance system and so on.
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The report aims to provide an overview of global smart transportation systems market with detailed market segmentation by component, system, application and geography. The global smart transportation systems market is expected to witness high growth during the forecast period. Increase in number of vehicles and traffic congestion is driving the smart transportation systems market.
Global Smart Transportation Systems Market Players:
Addco LLC
Affiliated Computer Services, Inc.
Agero, Inc.
Denso Corporation
Efkon AG
Garmin Ltd.
Kapsch Trafficcom
Lanner Electronics, Inc.
Tomtom International Bv
Thales Group.
Objectives of Smart Transportation Systems Market Report are as follows:
• To provide overview of the global Smart Transportation Systems market
• To analyze and forecast the global Smart Transportation Systems market on the basis of components, application, size and technology
• To provide market size and forecast till 2025 for overall Smart Transportation Systems market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM), which are later sub-segmented across respective major countries
• To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
• To provide exhaustive PEST analysis for all five regions
• To profiles key Smart Transportation Systems players influencing the market along with their SWOT analysis and market strategies
Complete Report is Available http://www.reportsweb.com/smart-transportation-systems-market-to-2025
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