Press Release

India Intelligent Transportation System (ITS) Market is expected to Register a high CAGR in the Forecast Period

Rising traffic congestion and road accidents are driving the India Intelligent Transportation System market between 2018- 2028.

According to TechSci Research report,
“India Intelligent Transportation System Market - By Region, Competition Forecast & Opportunities, 2018-2028,” the India Intelligent Transportation System Market is expected to register robust growth during the forecast period, 2024-2028. Intelligent transportation system (ITS) is the use of sensing, analysis, control, and communications technology to ground transportation to increase safety, mobility, and efficiency. ITS encompasses a wide range of applications that analyze and communicate information in order to reduce congestion, enhance traffic management, reduce environmental impact, and boost the advantages of transportation to business customers and the general public.

Intelligent Transportation Systems (ITS) are developed to address transportation security, emission, and traffic density concerns, and are widely employed across the world, particularly in the United States and Europe. In highway and tunnel developments, an intelligent transportation system is designed in accordance with user demands and infrastructure by utilizing cutting-edge technology and communication channels. India will be a potential market in the future, as the country's transportation infrastructure transforms and advances roads and transit to meet international standards.

Furthermore, increased awareness regarding an upgraded safety mechanism such as ITS assuring commuter safety and providing them with previous traffic information is boosting its appeal in India. The technology is being installed systematically across sites since it provides accident detection and trigger notifications to ensure the prompt arrival of an ambulance within 15 minutes. It also creates an opportunity for the leading companies to expand their development, production, and distribution capacity to meet expanding demand. Furthermore, various government projects, such as InTranSE, the Collaborative Intelligent Transportation Systems Endeavor for Indian Cities (InTranSE) to enhance India's traffic scenario, are projecting a broad potential for sophisticated ITS in the nation, adding to overall industry growth.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on the 
"India Intelligent Transportation System Market.”

Transportation infrastructure is becoming increasingly future-ready as the number of autonomous and connected vehicles on the road grows. Furthermore, transportation authorities must plan for the future. Many ITS service providers offer expertise in solution and system design, planning, implementation, and job completion. As a result of growing urbanization, rising disposable incomes, and the need for contemporary autos to simplify the driving experience, many transportation service providers have sought a well-connected transportation system, improved infrastructure, and higher road safety.

In addition, upcoming smart cities project, better communication networks, and government initiatives for smart development in India will create new market opportunities.

Key market players in the India Intelligent Transportation System Market

  • Tata Group
  • Siemens India
  • Urban Mass Transit Company Limited
  • Schneider Electric India Pvt. Ltd
  • Urban Mass Transit Company Limited
  • Mobisoft Infotech LLC
  • Kent Intelligent Transportation Systems India Pvt Ltd
  • NEC Corporation India Pvt. Ltd
  • AUM Infotech Pvt Ltd
  • ATT India

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During the projected period, Advanced Traffic Management Systems (ATMS) are expected to make a significant contribution to the India Intelligent Transportation System Market. It is mostly due to these systems' capacities to optimize traffic flow and vehicle mobility, record real-time traffic data via speed sensors and cameras, and take automatic action, among other things. ATM use is rapidly rising across India as a result of these benefits. Furthermore, growing awareness of other benefits such as increased transportation system efficiency, improved safety, increased economic productivity, reduced fuel consumption, and lower environmental costs, among others, are contributing to the growing popularity and utilization of these systems in India. Furthermore, the government's active engagement is encouraging demand for ATMS, as the National Highways Authority of India (NHAI) performed a test for the ATMS system on the Delhi-Meerut Expressway and the Eastern Peripheral Expressway. As a result, it is creating chances for the industry's leaders to expand their research, manufacturing, and distribution of these systems for the rising installation throughout roads and motorways.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Intelligent Transportation System Market By Type (Advanced Traffic Management System (ATMS), Advanced Traveler Information System (ATIS), Advanced Public Transportation System (APTS), Advanced Transportation Pricing System (ATPS), Others), By Applications (Traffic Monitoring & Management, Freight Management,
Public Transport Management, Road Tolling System, Parking Management, Others), By Deployment (On-Premises, Cloud), By Region, Competition Forecast & Opportunities, 2028,” has assessed the India Intelligent Transportation System market's future development potential and provides data and information on market size, structure, and projected market growth. The report's goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, constraints, and opportunities in the India Intelligent Transportation System Market.


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