The Middle
East intelligent transportation systems (ITS) market size is projected to value at USD 6.77 billion by 2025, according to a
new report published by Million Insights, accounting for a CAGR of 11.6% from
2018 to 2025. Intelligent transportation system is combined with superior
automotive sensors to track and create strategies to lower traffic congestion
or offer accessibility to sensitive pollution zones, where quality of air is
beneath the acceptable range. These systems alert drivers about vehicle
releasing pollutant levels and the necessary actions that needs to be taken.
Additionally, these systems aid environment protection and transportation
authorities to deploy and analyze pollution control mechanism, which support in
better environment protection.
Traffic management system
grew as the leading segment in 2017 with a share of 41.7% of the overall Middle
East ITS market. Traffic management systems increase operational performance
and reliability of road chains. Road authorities develop superior traffic
management systems to enhance reliability and operational performance of all
directions of road networks like traffic control, surveillance, and management.
Different kinds of systems in traffic management are vehicle detection systems,
inter-urban and urban systems, ramp metering systems, tunnel traffic management
systems and bridge traffic management systems.
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ATMS solutions provided by
market players integrate sensors, communication, and data processing technology
to provide timely management of functions of transportation systems; the
processed and collected data is useful for both travelers and drivers. Advanced
public transportation system (APTS) is predicted to register a remarkable CAGR
of 13.8% over the projected period, due to the growing initiatives by the
government.
Further key findings from
the report suggest:
• Emergency Management
Systems (EMS) is expected to account for the fastest growth with a CAGR of
around 17.0% over the forecast period.
• The Kingdom of Saudi
Arabia regional market is expected to register a CAGR of 12.2% from 2018 to
2025 due to strict regulations and norms to improve passenger, pedestrian, and
driver safety in the nation.
• The road tolling systems
in UAE is expected to value at USD 522.1 million by 2025. The public transport
division is likely to witness a CAGR of 10.1% over the projected period.
• Major players include
Garmin International, Denso Corporation, Lanner Electronics, and Efkon Ag.
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