The Middle East intelligent transportation system (ITS) market size is anticipated to reach USD 6.77 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 11.6% during the forecast period. ITS is integrated with advanced automotive sensors to monitor and develop strategies to reduce traffic or provide access to sensitive pollution areas, where air quality is below acceptable level. These systems inform drivers about vehicle emitting pollutant levels and corrective actions to be taken. In addition, these systems help transportation and environment protection authorities to develop and evaluate pollution control strategies, which help in effective environment protection.
Traffic management system emerged as the dominant application segment in 2017, accounting for 41.7% of the total market share. Traffic management systems enhance reliability and operation performance of road networks. Road authorities deploy advanced traffic management systems to maximize operation performance and reliability of all aspects of road networks such as traffic management, control, and surveillance. Several types of traffic management systems are urban and inter-urban systems, vehicle detection systems, ramp metering systems, bridge traffic management systems, and tunnel traffic management systems.
ATMS solutions offered by market participants combine data processing technology, sensors, and communication to ensure real-time management of operations of transportation networks; data gathered and processed is useful for both drivers and travelers. Advanced public transport system (APTS) is expected to post a noteworthy CAGR of 13.8% during the forecast period, owing to increasing government initiatives.
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Further key findings from the study suggest:
Emergency Management System (EMS) is estimated to be the fastest growing segment, with a CAGR of approximately 17.0% from 2018 to 2025
The Kingdom of Saudi Arabia market is likely to be the most promising regional market, registering a CAGR of 12.2% during the forecast period. Stringent regulations to improve driver, passenger, and pedestrian safety in the country are the key factor driving the regional market
The UAE road tolling systems segment is projected to reach USD 522.1 million by 2025. Public transport segments is poised to experience a CAGR of 10.1% during the forecast period
Some of the prominent companies operating in the market are Denso Corporation, Efkon Ag, Garmin International, and Lanner Electronics.
Grand View Research has segmented the Middle East intelligent transportation system (ITS) market on the basis of application and type:
Middle East Intelligent Transportation System Type Outlook (Revenue, USD Million, 2015 - 2025)
Middle East Intelligent Transportation System Application Type Outlook (Revenue, USD Million, 2015 - 2025)
Automatic Crash Notification (ACN)
Navigation and Infotainment
Middle East Intelligent Transportation System Regional Outlook (Revenue, USD Million, 2015 - 2025)
The Kingdom of Saudi Arabia
Rest of Middle East
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