"Market Intelligence for High-Geared Performance"

Advanced Traveller Information System Market Size, Share & Industry Analysis, By Type (Route Guidance Systems, Transit Information Systems), By Travel Mode (Uni-modal ATIS, Multi-modal ATIS), By Application (Operator specific ATIS, Region-specific ATIS, Independent ATIS) and Regional Forecast, 2021-2028

Region : Global | Report ID: FBI102497 | Status : Ongoing

 

KEY MARKET INSIGHTS

The rise in vehicle production has also given rise to problems such as roadblocks, traffic accidents, congested driving lanes, etc. More than 12-hour traffic blocks have become the norm in some major cities, while the number of deaths owing to vehicular accidents has increased over the last few years. Advanced Traveller Information System (ATIS) performs the task of informing drivers about traffic accidents, expected travel times, congestion on freeways & possible alternative routes. The ATIS provides information about the transportation system to the driver to make critical decisions. ATIS is a promising technology for improving the efficiency of urban transportation networks & reducing traffic congestions. ATIS is projected to expand over the forecast period with the need for information regarding basic facilities, bus routes, emergency services, etc. The rise of the smartphone sector is expected to fuel more advancements as most of the real-time information is available directly to the consumer.


Key Market Driver -

Need for reduced traffic jams and information on safer routes, coupled with greater importance of the travel planning sector, is expected to drive the growth of this market.

Key Market Restraint -

High cost of implementation and concerns about theft of traveler’s information are expected to restrain the growth of this market.


Travel planning is a promising sector for the growth of ATIS as it provides people with information about the optimal routes, modes of transportation, places of interest, etc. The high cost of implementation and concerns about theft of traveler’s information are expected to restrain the growth of this market over the forecast period.


Market Segmentation:


The advanced traveler information system globally has been segmented by type into route guidance systems and transit information systems. Route guidance system segment, which assists drivers by providing traffic information, optimal route, travel recommendations,etc., is projected to show significant growth in this market owing to the increased production of vehicles. Transit Information systems segment, which assists public transport passengers by providing information on buses, railways, etc. is also expected to show good growth in this market. By travel modes, the market is segmented into Uni-Modal ATIS And Multi-Modal ATIS. The uni-modal ATIS segment that provides information and assistance based on a single travel mode is anticipated to show steady growth in this market. The multi-modal ATIS segment, support various travel modes such as private (foot, car, bike) and public (bus, train, subway), is projected to show significant growth owing to increased access to remote areas by transportation services. By application, the market is segmented into operator-specific, region-specific, and independent ATIS. The independent ATIS segment, supported by sufficient data, can provide global geographic coverage and expected to show steady growth in this market assisted by existing services such as Google Transit. Region-specific ATIS segment covers a specific geographic region. The operator-specific ATIS segment provides real-time traffic service to a particular public transport or network area. These segments are anticipated to show significant growth in the market as a necessity to provide logistic support to regions with poorly planned road networks and limited access to public transportation.


Key Players Covered:


The major companies in the global advanced traveler information systems market include Siemens AG, Thales Group, Garmin Ltd., Kapsch TrafficCom, Tomtom International, Q-Free ASA, Efkon GmbH, Denso Corporation, Flir Systems, Cubic Corporation, Iteris Inc, etc.


Key Insights



  • New Advancements in Automotive Motors Market

  • Number of Products, Key Countries, 2018

  • New Product Launches, Key Players


Regional Analysis:


To gain extensive insights into the market, Request for Customization


Geographically, North America holds the largest share of this market and is also projected to dominate this market over the forecast period owing to already developed traveler information systems. Growing drones sector and demand for devices to prevent long traffic jams expected to drive the growth of the ATIS market in this region. Europe is anticipated to show significant growth in this market owing to the need for increased data communication between electric vehicles and increased importance on efficient rail services. Asia-Pacific is a promising market for this technology as a necessity for the reduction in traffic jams, alternatives to the conventional mode of transportation, and better connection to transport networks.


Segmentation


























 ATTRIBUTE


 DETAILS

By Type




  • Route Guidance Systems

  • Transit Information Systems



By Travel Mode




  • Uni-modal ATIS

  • Multi-modal ATIS



By Application




  • Operator specific ATIS

  • Region-specific ATIS

  • Independent ATIS



By Region



 



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World



Advanced Traveller Information Systems Industry Developments



  • April 2018: Siemens Mobility and Thales Group awarded a contract to develop a signaling system for Grand Paris Express's future metro lines. This creates opportunities for swift travel and connecting urban territories with limited access to public transit.

  • November 2017: Kapsch TrafficCom awarded a contract by Madrid City Council (Spain) to implement an intelligent mobility system. This project helps accurately to identify real-time traffic developments for all modes of transportation and provide effective solutions.

  • December 2018: Siemens Mobility commissioned by German state capital Wiesbaden to implement the Digitalization of Traffic project. This project helps to record, analyze and process real-time environmental and traffic data that helps in reducing traffic-related emissions.


Advanced Traveller Information System Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • $4850
    $6850
    $8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Automotive & Transportation Clients

Deloitee
Toshiba
Asahi
Hitachi
Bosch

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X