United States (USA) Intelligent Transportation System Market Research Report, 2029

The United States stands as a pioneer in the adoption and implementation of Intelligent Transportation Systems (ITS), strategically leveraging advanced technologies to tackle pressing challenges in its transportation infrastructure. Characterized by a diverse range of solutions, the ITS market in the USA has been at the forefront of addressing issues such as congestion, safety, and environmental sustainability. This commitment is evident through the widespread adoption of smart traffic management systems, the integration of connected vehicle technologies, and the utilization of data analytics to optimize traffic patterns and alleviate congestion. The country has actively explored and implemented connected vehicle technologies, fostering real-time communication between vehicles and infrastructure to enhance safety and disseminate crucial information about traffic conditions and potential hazards. In parallel, the USA has embraced smart city initiatives, integrating sensor networks, data analytics, and real-time communication to create responsive and efficient urban transportation systems. The collaborative efforts of public and private entities have played a pivotal role in advancing intelligent transportation solutions, with partnerships between government agencies, technology providers, and research institutions facilitating the implementation of innovative projects. Notably, the USA has emerged as a hub for autonomous vehicle testing, with various companies and research institutions actively contributing to the development of self-driving technologies on both public roads and dedicated testing grounds. Supported by government initiatives and funding programs at federal and state levels, the USA's commitment to intelligent transportation underscores its dedication to enhancing safety, reducing emissions, and improving overall transportation efficiency. To stay abreast of the latest developments, it is advisable to consult more recent sources, including government reports, industry publications, and news articles. According to the research report "United States Intelligent Transportation System Market Research Report, 2029," published by Actual Market Research, the United States Intelligent Transportation System Market was valued more than USD 10 Billion from 2024 to 2029. The dynamic growth of the Intelligent Transportation Market in the United States is fueled by a confluence of factors indicative of the nation's commitment to the modernization of its transportation infrastructure. A primary driver is the relentless pace of technological advancements, particularly in artificial intelligence, data analytics, and communication systems. The nation's keen focus on developing smart cities has led to significant investments in technologies that optimize traffic flow, alleviate congestion, and enhance overall urban mobility. Additionally, the increasing demand for sustainable solutions to combat environmental concerns propels the adoption of intelligent transportation systems promoting electric vehicles and alternative fuels. Tackling traffic management and congestion is another pivotal factor, with advanced systems, real-time data analytics, and smart signaling contributing to improved transportation efficiency. The proliferation of connected vehicle technologies, government initiatives, and substantial funding for intelligent transportation projects underscore a supportive regulatory environment. The ongoing development and testing of autonomous vehicles, along with collaborative efforts in public-private partnerships, further solidify the growth trajectory. The rising tide of urbanization and a population shift to urban areas necessitate innovative transportation solutions, positioning intelligent transportation systems as vital contributors to efficient and sustainable urban mobility. Finally, the increasing emphasis on data-driven decision-making, facilitated by real-time analytics and predictive modeling, allows transportation authorities to make informed choices and optimize resources, consolidating the United States as a fertile ground for innovation, sustainability, and efficiency in the transportation sector.

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The intelligent transportation market in the USA exhibits a sophisticated categorization based on type, mode of transportation, and components. In terms of type, it encompasses Advanced Traffic Management Systems, Advanced Traveler Information Systems, Advanced Transportation Pricing Systems, Advanced Public Transportation Systems, Emergency Medical Systems, Commercial Vehicle Operations, and Automatic Number Plate Recognition. Comvision's Advanced/Highway Traffic Management System (ATMS/HTMS) represents a comprehensive approach utilizing cutting-edge technologies to optimize traffic flow on highways. This approach aims to reduce congestion, monitor incidents, and enhance overall safety for drivers. Advanced Traveler Information Systems (ATIS) play a pivotal role by collecting, analyzing, and presenting information to facilitate seamless travel from the origin to the destination. Advanced Public Transportation Systems (APTS) leverage advanced navigation and communication technologies, enhancing the safety, reliability, and convenience of public transportation. APTS further empowers transportation agencies by providing timely transit information to passengers. Emergency Medical Services (EMS) constitute a critical system delivering emergency medical care to individuals facing serious illnesses or injuries, commonly referred to as ambulance or paramedic services. Commercial Vehicle Operations (CVO), an application of Intelligent Transportation Systems (ITS) for trucks, encompasses the movement of freight and passengers in commercial vehicles, along with the associated regulatory activities. Automatic Number Plate Recognition (ANPR), utilizing computer vision and image processing, is a technology designed to automatically scan and identify vehicle number plates. This is achieved through optical character recognition (OCR) and video analytics, allowing for the reading and capture of license plate information from vehicles. Such meticulous categorization reflects the depth and sophistication of the USA's intelligent transportation market. On the basis of mode of transportation they can further be divided into roadways, railways, airways, marine. By component they can further be divided into hardware, software, services. Prioritizing safety as a paramount concern, the Intelligent Transportation Society of America is steadfastly dedicated to eradicating fatalities on U.S. roadways. Unlike the historical emphasis on post-crash safety, the current trajectory of automotive technology is geared toward preventing crashes altogether. The evolution of automated vehicle technology holds immense promise, potentially erasing the 94 percent of accidents attributed to human error. Members of ITS America are actively engaged in developing and deploying Vehicle-to-Everything (V2X) technologies. These technologies disseminate hazard alerts to various stakeholders, including vehicles, bicyclists, pedestrians, and traffic lights. Moreover, these innovations augment automated driving systems, offering economic, environmental, and societal benefits such as reduced congestion, lower fuel consumption, and increased accessibility for the elderly and disabled. Ensuring the effectiveness of these safety innovations, dedicated spectrum allocation is advocated to prevent signal interference. ITS America also champions discussions on intelligent mobility cybersecurity, urging the adoption of best practices and standards, facilitating threat information sharing, and advocating for cybersecurity-enhancing public policies. The overarching goal is to mitigate congestion, emissions, and other adverse impacts on the transportation sector, reclaiming time and reducing negative health effects to foster a cleaner transportation system. The vision of Mobility on Demand encompasses an integrated network of safe, reliable transportation options available to all, promoting universal access and opening avenues for economic opportunities and essential social services for every transportation user. The intelligent transportation market in the USA confronts several formidable challenges that collectively impact its progress. One major hurdle lies in the seamless integration of advanced technologies with existing infrastructure, necessitating complex and costly upgrades. Additionally, the absence of standardized protocols and interoperability among diverse intelligent transportation solutions poses a significant obstacle, hindering efficient communication between systems. Ensuring the privacy and security of sensitive transportation data emerges as a critical concern, with the escalating use of data-driven technologies requiring robust measures to prevent unauthorized access and breaches. Furthermore, limited budgets and competing priorities at various government levels present financial constraints, potentially impeding the comprehensive adoption of intelligent transportation solutions. The regulatory landscape, struggling to keep pace with the rapid evolution of technology, adds an element of uncertainty and potential barriers to innovation in the sector. These challenges collectively underscore the intricate dynamics that shape the intelligent transportation market in the United States. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029

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Kripa Shah

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Aspects covered in this report • Intelligent Transportation market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type • Advanced Traffic Management Systems (ATMS) • Advanced Traveller Information Systems (ATIS) • Advanced Transportation Pricing Systems (ATPS) • Advanced Public Transportation Systems (APTS) • Emergency Medical Systems (EMS) • Commercial Vehicle Operation (CVO) • Automatic Number Plate Recognition (ANPR) By Mode of Transportation • Roadways (Traffic management, Road safety, Parking management, Freight management, Automotive Telematics, Others (Ticketing Management, Emergency Vehicle Notification, Environment Protection, etc.) • Railways (Rail-running Operation and Collision Avoidance, Passenger Information Management, Smart Ticketing, Security Surveillance, Emergency Notification, Others) • Airways (Security & Surveillance, Shuttle Bus Tracking, Traveller Information Management, Smart Ticketing, Aircraft Management, Emergency Notification, Others) • Marine (Freight Arrival & Transit, Real-time Weather Information Tracking, Container Movement Scheduling, Emergency Notification, Others)

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By Component • Hardware (Interface Boards, Sensors, Surveillance Cameras, Telecommunication Networks, Monitoring and Detection Systems, Others (Linked traffic controller & Variable message signboard)) • Software (Visualization Software, Video Detection Management Software, Transit Management Software, Others) • Services (Business and Cloud Services and Support and Maintenance Services) The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Intelligent Transportation industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.