The smart transportation market size is poised to grow by $ 381.18 billion by 2032 from $ 109.84 Billion in 2022, exhibiting a CAGR of 13.3% during the forecast period 2023-2032.
Key Takeaway:
- By solution, the traffic management segment has contributed a revenue share of around 33.7% in 2022. However, the parking management segment is growing at a notable CAGR during the forecast period.
- By service, the cloud services segment has captured a revenue share of around 42.5% in 2022.
- The North American market has held a 34% revenue share in 2022. The European region is poised to grow at a significant CAGR from 2023 to 2032.
The main objective of this report is to define, describe, and forecast the global market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micro markets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in market.
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COVID-19 Impact
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the electric vehicle fuel cell market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Major companies operating in this are
- Harris Corporation
- IBM Corporation
- Huawei Technologies Co. Ltd
- Veson Nautical
- Cubic Corporation
- Bentley Systems
- BASS Software
- Amadeus IT Group SA
- DNV GL
- Toshiba
Market Segmentation
By Solution
- Ticketing Management System
- Parking Management & Guidance System
- Integrated Supervision System
- Traffic Management System
By Service
- Business
- Professional
- Cloud Services
By Transportation Mode
- Roadways
- Railways
- Airways
- Maritime
By Application
- Mobility as a Service
- Route Information and Route Guidance
- Public Transport
- Transit Hubs
- Connected Cars
- Video Management
- Others
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa (MEA)
- GCC
- North Africa
- South Africa
- Rest of Middle East & Africa
Major highlights of Report:
- Figures related to sales volume, market remuneration, and segmental shares
- Featuring market dynamics
- Growth prospects and expansion graph
- PROCON study of direct & indirect sales channels
- Profiles of prominent traders, dealer, and distributors in the industry
Geographical landscape: North America, Europe, Asia-Pacific, South America, Middle East and Africa
- Industry forecasts based on region and at country level
- Data about sales volume recorded, industry share held, and profit margins amassed
- Overall remuneration and estimated growth rate for each regional market
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Smart Transportation Market
5.1. COVID-19 Landscape: Smart Transportation Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Smart Transportation Market, By Solution
8.1. Smart Transportation Market, by Solution Type, 2021-2030
8.1.1. Ticketing Management System
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Parking Management & Guidance System
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Integrated Supervision System
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Traffic Management System
8.1.4.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Smart Transportation Market, By Service
9.1. Smart Transportation Market, by Service, 2021-2030
9.1.1. Business
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Professional
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Cloud Services
9.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Smart Transportation Market, By Transportation Mode
10.1. Smart Transportation Market, by Transportation Mode Type, 2021-2030
10.1.1. Roadways
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Railways
10.1.2.1. Market Revenue and Forecast (2019-2030)
10.1.3. Airways
10.1.3.1. Market Revenue and Forecast (2019-2030)
10.1.4. Maritime
10.1.4.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Smart Transportation Market, By Application
11.1. Smart Transportation Market, by Application Type, 2021-2030
11.1.1. Mobility as a Service
11.1.1.1. Market Revenue and Forecast (2019-2030)
11.1.2. Route Information and Route Guidance
11.1.2.1. Market Revenue and Forecast (2019-2030)
11.1.3. Public Transport
11.1.3.1. Market Revenue and Forecast (2019-2030)
11.1.4. Transit Hubs
11.1.4.1. Market Revenue and Forecast (2019-2030)
11.1.5. Connected Cars
11.1.5.1. Market Revenue and Forecast (2019-2030)
11.1.6. Video Management
11.1.6.1. Market Revenue and Forecast (2019-2030)
11.1.7. Others
11.1.7.1. Market Revenue and Forecast (2019-2030)
Chapter 12. Global Smart Transportation Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Solution (2019-2030)
12.1.2. Market Revenue and Forecast, by Service (2019-2030)
12.1.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.1.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Solution (2019-2030)
12.1.5.2. Market Revenue and Forecast, by Service (2019-2030)
12.1.5.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.1.5.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Solution (2019-2030)
12.1.6.2. Market Revenue and Forecast, by Service (2019-2030)
12.1.6.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.1.6.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Solution (2019-2030)
12.2.2. Market Revenue and Forecast, by Service (2019-2030)
12.2.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.2.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Solution (2019-2030)
12.2.5.2. Market Revenue and Forecast, by Service (2019-2030)
12.2.5.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.2.5.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Solution (2019-2030)
12.2.6.2. Market Revenue and Forecast, by Service (2019-2030)
12.2.6.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.2.6.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Solution (2019-2030)
12.2.7.2. Market Revenue and Forecast, by Service (2019-2030)
12.2.7.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.2.7.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Solution (2019-2030)
12.2.8.2. Market Revenue and Forecast, by Service (2019-2030)
12.2.8.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.2.8.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Solution (2019-2030)
12.3.2. Market Revenue and Forecast, by Service (2019-2030)
12.3.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.3.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Solution (2019-2030)
12.3.5.2. Market Revenue and Forecast, by Service (2019-2030)
12.3.5.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.3.5.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Solution (2019-2030)
12.3.6.2. Market Revenue and Forecast, by Service (2019-2030)
12.3.6.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.3.6.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Solution (2019-2030)
12.3.7.2. Market Revenue and Forecast, by Service (2019-2030)
12.3.7.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.3.7.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Solution (2019-2030)
12.3.8.2. Market Revenue and Forecast, by Service (2019-2030)
12.3.8.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.3.8.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Solution (2019-2030)
12.4.2. Market Revenue and Forecast, by Service (2019-2030)
12.4.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.4.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Solution (2019-2030)
12.4.5.2. Market Revenue and Forecast, by Service (2019-2030)
12.4.5.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.4.5.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Solution (2019-2030)
12.4.6.2. Market Revenue and Forecast, by Service (2019-2030)
12.4.6.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.4.6.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Solution (2019-2030)
12.4.7.2. Market Revenue and Forecast, by Service (2019-2030)
12.4.7.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.4.7.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Solution (2019-2030)
12.4.8.2. Market Revenue and Forecast, by Service (2019-2030)
12.4.8.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.4.8.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Solution (2019-2030)
12.5.2. Market Revenue and Forecast, by Service (2019-2030)
12.5.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.5.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Solution (2019-2030)
12.5.5.2. Market Revenue and Forecast, by Service (2019-2030)
12.5.5.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.5.5.4. Market Revenue and Forecast, by Application Type (2019-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Solution (2019-2030)
12.5.6.2. Market Revenue and Forecast, by Service (2019-2030)
12.5.6.3. Market Revenue and Forecast, by Transportation Mode Type (2019-2030)
12.5.6.4. Market Revenue and Forecast, by Application Type (2019-2030)
Chapter 13. Company Profiles
13.1. Harris Corporation
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. IBM Corporation
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Huawei Technologies Co. Ltd
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Veson Nautical
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Cubic Corporation
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Bentley Systems
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. BASS Software
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Amadeus IT Group SA
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. DNV GL
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Toshiba
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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