Smart Transportation

Smart Transportation

Global Smart Transportation Market to Reach $322.8 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Smart Transportation estimated at US$111.2 Billion in the year 2022, is projected to reach a revised size of US$322.8 Billion by 2030, growing at aCAGR of 14.2% over the period 2022-2030. Roadways, one of the segments analyzed in the report, is projected to record 13.5% CAGR and reach US$131.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Railways segment is readjusted to a revised 14.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $33.5 Billion, While China is Forecast to Grow at 13.6% CAGR
The Smart Transportation market in the U.S. is estimated at US$33.5 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$55.5 Billion by the year 2030 trailing a CAGR of 13.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.5% and 12.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR.Select Competitors (Total 24 Featured) - ABB GroupAccenture PLCAdvanced Navigation and Positioning Corporation (ANPC)AeroVironment, Inc.Aldridge Traffic Systems Pty. Ltd. (ATS)Alstom SAAmadeus IT Group SAAmano CorporationBASS Software Ltd.Bentley Systems, Inc.Bestmile USA, Inc.BlaBlaCarBombardier, Inc.Cambio CarsharingCar2go NA, LLCChargePoint, Inc.ChariotCisco Systems, Inc.Citi BikeCityhop Ltd.Communauto Inc.Conduent, Inc.Confidex Ltd.Continental AGCPI Card Group, Inc.Cubic CorporationCyient Ltd.Delphi TechnologiesDNV GL GroupDriveNow GmbH & Co. KGE2s Warning SignalsEaton Corporation PLCEconoliteEvatran (Plugless Power)Federal Signal CorporationGemalto NVGoogle LLCHarman International Industries, Inc.Harris CorporationHevo PowerHitachi Ltd.Huawei Technologies Co., Ltd.IBM CorporationIndigo UKIndra Sistemas SAKapsch AGMedha Servo Drives Private LimitedMitsubishi Electric CorporationMobikeMojo MobilityMomentum Dynamics CorpNedap Identification SystemsNeusoft CorporationNXP Semiconductors NVofo, Inc.Predikto, Inc.PTV GroupRambus, Inc.Robert Bosch GmbHRockwell Collins, Inc.SAAB ABSAP SESiemens AGStreetlineTE Connectivity Ltd.Teleste CorporationThales GroupThe Descartes Systems Group Inc.Tiger AnalyticsTkh Group-Park AssistTomTom International BVToshiba CorporationTrimble, Inc.Uber Technologies Inc.Veson Nautical LLC.WERMA Signaltechnik GmbH + Co. KG,Witricity CorporationPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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