Abstract
Intelligent Transportation Systems (ITS) enable vehicles, roads, traffic
lights, message signs and other elements to become intelligent by embedding
them with microchips and sensors and empowering them to communicate with each
other through wireless technologies. ITS improves transportation system
performance, including reduced congestion and increased safety and traveler
convenience. Leaders in ITS infrastructure development, such as Japan,
Singapore, and South Korea, are breeding grounds for technology supplier
opportunity. This report assesses the global market for ITS applications and
products and forecasts the growth opportunities for ITS suppliers,
manufacturers, and end-users through 2015.
Chapter I - Executive Summary
Chapter II - Introduction
Intelligent Transportation Systems Defined
Intelligent Transportation Systems leverage electronics, communications, and
information processing technologies to improve all facets of transportation.
ITS technology improves efficiencies around traffic flow, transportation
safety, roadway hazards, traveler mobility, and traveler convenience, among
other aspects.
ITS Applications
ITS applications vary in technologies applied, from basic management systems
such as car navigation; traffic signal control systems; container management
systems; variable message signs; enforcement systems to monitoring
applications, such as security closed-circuit TV systems; and to more advanced
applications that integrate live data and feedback from a number of other
sources, such as parking guidance and information systems, and weather
information.
Benefits of Intelligent Transportation Systems
Applying information technology to a country' s transportation network delivers
five key classes of benefits:
- Increasing driver and pedestrian safety
- Improving the operational performance of the transportation network by
reducing congestion
- Enhancing personal mobility and convenience
- Environmental improvements
- Increasing productivity and expanding economic growth.
Chapter III Global Trends in ITS
ITS technology can significantly improve a city' s transportation
infrastructure. Global leaders in ITS deployment, most notably Japan,
Singapore, and South Korea, have documented substantial improvements in their
traffic flow efficiencies, traveler satisfaction, accident reduction, road
repairs, and environmental effects
Asia Leads in ITS Deployment
Asia has emerged as the geographic breadwinner in ITS deployment and
manufacturing. Several countries on the continent were early adopters of ITS
technologies due to three key reasons: A decaying transportation
infrastructure that required constant maintenance and led to an increasing
number of accidents and traffic delays; Population growth in major cities
directly affected the growth of vehicular traffic, which led to increased
roadway congestion and reduced travel time, all of which adversely affected
the local economy and the ability to move goods; Home-grown ITS applications,
including roadway sensors, traffic management devices, and toll automation,
made for easy integration and deployment in populous cities.
U.S. Has Long ITS Road Ahead
Long recognized as a leader in early adoption of all facets of technology, the
U.S. is a laggard in deployment of ITS-related technologies. Since 2000, the
U.S. has marginally invested in ITS product - mainly for traffic management,
ramp metering, and travel information provision - but has not accelerated
adoption as rapidly as most other nations in Asia.
Europe Paves Way for ITS Future
Nations of the European Union made a concerted effort to invest in ITS
technologies nearly five years ago when it launched the i2010 initiative to
create a unified European information space. i2010 emphasizes the contribution
of information communication technologies to growth and employment and
identifies ITS as one of the core applications.
Chapter IV Global Market for ITS Products
ITS Deployment Spending, 2006 to 2010
SBI Energy' s analysis of regional spending on ITS technologies includes the
cost of buying ITS applications, hardware and technology, and the capital
expenditures associated with constructing, maintaining, and repairing products
and facilities, such as traffic management centers, emergency response
centers, and fleet management centers.
The Cost of ITS Deployment
Government support for ITS adoption often depends on the costs to upgrade
transportation infrastructure with ITS technologies compared to expanding
roadways or constructing new roads. Officials weigh the long-term benefits of
ITS deployment in relieving traffic congestion and reducing accidents compared
with the logistics of planning and building additional highway lanes.
Growth of Intelligent Transportation System Costs
Through 2015, SBI Energy expects costs of ITS components to increase globally
at an average CAGR rate of 10%. We attribute our moderate growth estimate in
ITS product prices to a gradual rise in demand for ITS systems in regions that
have committed to ITS deployment. In the U.S., for example, prices will rise
considerably in roadside detection and control products as many states begin
to assertively roll out ITS-enabled traffic management devices.
Growth in ITS Spending
Despite the moderate increase in ITS product costs, nations will assertively
spend their government-backed funds on ITS components through 2015.
Double-digit CAGR growth is expected to occur in the U.S. on all facets of ITS
manufacturing sectors, particularly commercial vehicle screening and emergency
response centers.
Global ITS Product Manufacturing
Manufacturing of ITS products is largely concentrated in Asia where nations
such as Japan, South Korea, and China acquired the skilled labor and
facilities to mass produce ITS components and technology. SBI Energy estimates
the current market value of ITS manufacturing in Asia at $24.5 billion and
that figure has grown at about a 10% CAGR rate since 2006.
Growth Forecast
Through 2020, spending on ITS products will remain healthy globally as ITS
technology improves and nations look to replace legacy ITS components with
innovative solutions in real-time traffic management. Vehicle integration of
ITS devices, such as GPS systems and dashboard sensors that receive vital
traffic information, will standardize and sales will proliferate among
automobile manufacturers.
Chapter V Competitive Profiles
Manufacturers of ITS products will mobilize their sales forces during 2011 to
capitalize on the immediate growth opportunities in ITS development. Their
success in securing long-term agreements with governments and public utilities
will not come easy, however, as many regions remain in a spending freeze due
to local economic woes.
- IBM
- Moru Industrial
- Sumitomo Electric
- Scania
- Traffic Data Systems
- Vitronic
- Efkon
- Iteris
- Telvent
- Denso
- Image Sensing Systems
- Kapsch
Chapter VI Market Challenges
Government Policy for ITS Projects
Government funding for ITS initiatives has become more readily available in
several nations as the move to improve transportation safety and traffic
management becomes increasingly important. In the U.S., for example, the
American Recovery and Reinvestment Act of 2009 provides a significant
transportation spending component.
ITS Deployment: The EU Legislative Policy
In Europe, the Multi-annual Indicative Program (MIP) was created to stimulate
ITS deployment. Within the MIP, the program specifically dedicated to road ITS
deployment, TEMPO, initially increases funding to more than $150 million (from
the previous $125 million) over a five-year period.
What Are ITS Standards?
Hundreds of standards are used across all different types of transportation,
such as vehicle safety standards, road and pavement standards, and rail
standards. ITS standards define how ITS systems, products, and components can
interconnect, exchange information and interact to deliver services within a
transportation network.
Additional Information
In the News
Table of Contents
Chapter 1: Executive Summary
- Intelligent Transportation Systems Defined
- Governments Define ITS
- Global ITS Trends
- Asia Leads in ITS Deployment
- U.S. Has Long ITS Road Ahead
- Table 1-1: U.S. Miles Covered by ITS Technology Products for Freeway
Management and Incident Management, 2010
- Europe Paves Way for ITS Future
- ITS Technology Deployment
- Table 1-2: Total Cost of Intelligent Transportation Systems in Europe,
2006 to 2010 (in $ thousands)
- ITS Deployment Spending, 2006 to 2010
- Table 1-3: Asia Total ITS Deployment Spending, 2006 to 2010 (in $
millions)
- Growth of Intelligent Transportation System Costs
- Table 1-4: Total Cost Intelligent Transportation Systems in the U.S.,
2011 to 2016 (in $ thousands)
- Growth in ITS Spending
- Table 1-5: Total Annual and Cumulative Spending on ITS Product
Deployment in the U.S., 2011 to 2015 (in $ thousands)
- Global ITS Product Manufacturing
- Table 1-6: Total Market Value of ITS Product Manufacturing in Asia, 2006
to 2010 (in $ millions)
- Figure 1-1: Global CAGR of ITS Manufacturing Sectors for the Period 2011
to 2016
- Long-term Growth Forecast
- Table 1-7: Total Annual and Cumulative Spending on of ITS Product
Deployment in Europe, 2016 to 2020 (in $ thousands)
- Figure 1-2: Global Cumulative ITS Product Deployment Spending Total and
Year-Over-Year Percent Change by Region, 2016 to 2020 (in $ thousands)
- Global Long-Term Manufacturing Market Value Forecast
Chapter 2: Introduction
- Scope of This Report
- Methodology
- Intelligent Transportation Systems Defined
- Governments Define ITS
- Table 2-1: U.S. Highway Miles and Daily Vehicle Miles Traveled by State
- Figure 2-1: ITS Technologies Used to Alleviate Traffic Congestion
- ITS Applications
- Advanced Traveler Information Systems
- Advanced Transportation Management Systems
- Transportation Pricing Systems
- Vehicle-to-infrastructure Integration
- Figure 2-2: U.S. Interstate Miles Traveled and Year-Over-Year Percent
Change, 1995 to 2016 (in millions)
- Benefits of Intelligent Transportation Systems
- Figure 2-3: U.S. Traffic Fatalities and Year-Over-Year Percent Change,
1995 to 2016
- Increasing driver and pedestrian safety
- Enhancing Personal Mobility
- ITS Applications
- Figure 2-4: Image Processing Flow for Vehicle Detection and Tracking
- Table 2-2: Dynamic Message Signs Deployed in the U.S. by State, 2010
Chapter 3: Global ITS Trends
- Global ITS Trends
- Asia Leads in ITS Deployment
- South Korea Embraces ITS for Tolls
- Singapore Leverages ITS
- U.S. Has Long ITS Road Ahead
- Figure 3-1: Total U.S. Railroad Intersections with ITS-enabled Warning
Signals by State, 2010
- Table 3-1: U.S. Intersections with Electronic Data Collection Devices by
Metropolitan Area, 2010
- Figure 3-2: Index of U.S. Ton-Miles of Freight by Mode of
Transportation, 1995 to 2009
- Table 3-2: Transportation System Mileage within the U.S. by Mode, 2004
to 2010
- Table 3-3: Commercial Freight Activity in the U.S. by Transportation
Mode, 2002 vs. 2010
- Table 3-4: Transit Passenger Miles by Type of Transportation Service,
2005 to 2009 (in millions)
- Table 3-5: U.S. Miles Covered by ITS Technology Products for Freeway
Management and Incident Management, 2010
- Table 3-6: U.S. Miles Covered by ITS Technology Products for Arterial
Management, Electronic Toll Collection, and Transit Management, 2010
- Table 3-7: U.S. Miles Covered by ITS Technology Products for Electronic
Fare Payment, Highway Rail Intersections and Emergency Response Management,
and Transit Management, 2010
- Europe Paves Way for ITS Future
Chapter 4: The Global ITS Market Size
- The Cost of ITS Deployment
- Figure 4-1: Percent of Road Miles Using ITS Technologies by Region,
2006, 2010, 2011, 2016 and 2020
- Table 4-1: Total Cost of Intelligent Transportation System in Asia, 2006
to 2010 (in $ thousands)
- Table 4-2: Total Cost of Intelligent Transportation Systems in the U.S.,
2006 to 2010 (in $ thousands)
- Table 4-3: Total Cost of Intelligent Transportation Systems in Europe,
2006 to 2010 (in $ thousands)
- Figure 4-2: Total Spending on Intelligent Transportation Systems, by
Region, 2006 to 2010 (in $ thousands)
- Table 4-4: U.S. Total Spending on ITS Deployment, 2006 to 2010 (in $
millions)
- ITS Deployment Spending, 2006 to 2010
- Table 4-5: Asia Total ITS Deployment Spending, 2006 to 2010 (in $
millions)
- Table 4-6: Europe ITS Deployment Spending, 2006 to 2010 (in $ millions)
- Table 4-7: Cumulative Spending on ITS Deployment by Region, 2006 to 2010
(in $ millions)
- Table 4-8: U.S. Government Funds Available for Transportation
Infrastructure Improvement, 2010
- State Transportation Budgets
- Table 4-9: U.S. Roadside Control ITS Products Costs, 2006 vs. 2010 (in $
thousands)
- Table 4-10: U.S. Total Costs for Transportation Management Products,
2006 to 2010 (in $ thousands)
- Emergency Response Management
- Table 4-11: Total Cost of ITS Emergency Response Systems and Facilities
by Region, 2006 to 2010 (in $ thousands)
- Electronic Payment and Pricing
- Table 4-12: Total Costs of ITS Electronic Toll Collection Products by
Region, 2006 to 2010 (in $ thousands)
- Commercial Vehicle Operations
- Table 4-13: Total Costs of Commercial Vehicle Screening Products by
Region, 2006 to 2010 (in $ thousands)
- Growth of Intelligent Transportation System Costs
- Table 4-14: Total Cost Intelligent Transportation Systems in the U.S.,
2011 to 2016 (in $ thousands)
- Table 4-15: Total Cost of Intelligent Transportation Systems in Asia,
2011 to 2015
- Table 4-16: Total Cost of ITS System in the Europe, 2011 to 2015 (in $
thousands)
- Growth in ITS Spending
- Table 4-17: Total Annual and Cumulative Spending on ITS Product
Deployment in the U.S., 2011 to 2015 (in $ thousands)
- Figure 4-3: Year-Over-Year Percent Change in Annual and Cumulative
Spending on ITS Product Deployment in the U.S., 2011 to 2015 (in $ thousands)
- Table 4-18: Total Annual and Cumulative Spending on ITS Product
Deployment in Asia, 2011 to 2015 (in $ thousands)
- Figure 4-4: Year-Over-Year Percent Change in Annual and Cumulative
Spending on ITS Product Deployment in Asia, 2011 to 2015 (in $ thousands)
- Table 4-19: Total Annual and Cumulative Spending on ITS Product
Deployment in Europe, 2011 to 2015
- Figure 4-5: Year-Over-Year Percent Change in Annual and Cumulative
Spending on ITS Product Deployment in Europe, 2011 to 2015 (in $ thousands)
- Global ITS Product Manufacturing
- Table 4-20: Total Market Value of ITS Product Manufacturing in Asia,
2006 to 2010 (in $ millions)
- Table 4-21: Total Market Value of ITS Product Manufacturing in the U.S.,
2006 to 2010 (in $ millions)
- Table 4-22: Total Global Market Value of ITS Product Manufacturing, 2006
to 2010 (in $ millions)
- Global ITS Product Manufacturing Growth
- Table 4-23: Total Market Value of ITS Technology Manufacturing in Asia,
2011 to 2016 (in $ millions)
- Table 4-24: Total Market Value of ITS Technology Manufacturing in
Europe, 2011 to 2016 (in $ millions)
- Table 4-25: Total Market Value of ITS Technology Manufacturing in the
U.S., 2011 to 2016 (in $ millions)
- Table 4-26: Total Global Market Value of ITS Technology Manufacturing,
2011 to 2016 (in $ millions)
- Figure 4-6: Global CAGR of ITS Manufacturing Sectors for the Period 2011
to 2016
- ITS Products Market Size
- Table 4-27: Total Market Size of ITS Technology Products in Asia, 2011
to 2015 (in $ thousands)
- Table 4-28: Total Market Size of ITS Technology Products in Europe, 2011
to 2015 (in $ thousands)
- Table 4-29: Total Market Size of ITS Technology Products in the U.S.,
2011 to 2015 (in $ thousands)
- Table 4-30: Global Total Market Size of ITS Technology Products, 2011 to
2015 (in $ thousands)
- Long-term Growth Forecast
- Table 4-31: Total Annual and Cumulative Spending on ITS Product
Deployment in the U.S., 2016 to 2020
- Table 4-32: Total Annual and Cumulative Spending on of ITS Product
Deployment in Asia, 2016 to 2020 (in $ thousands)
- Table 4-33: Total Annual and Cumulative Spending on of ITS Product
Deployment in Europe, 2016 to 2020 (in $ thousands)
- Figure 4-7: Global Cumulative ITS Product Deployment Spending Total and
Year-Over-Year Percent Change by Region, 2016 to 2020 (in $ thousands)
- Global Long-Term Manufacturing Market Value Forecast
- Table 4-34: Total Market Value of ITS Technology Products Manufacturing
in Asia, 2016 to 2020 (in $ millions)
- Table 4-35: Total Market Value of ITS Technology Products Manufacturing
in the U.S., 2016 to 2020 (in $ millions)
- Table 4-36: Global Total Market Value of ITS Technology Products
Manufacturing, 2016 to 2020 (in $ millions)
- Figure 4-8: Global CAGR of ITS Technology Products, 2016 to 2020
- Global Long Range Market Sizing Forecast
- Table 4-37: Market Size of ITS Technology Products in Asia, 2016 to 2020
(in $ thousands)
- Table 4-38: Market Size of ITS Technology Products in Europe, 2016 to
2020 (in $ thousands)
- Table 4-39: Market Size of ITS Technology Products in the U.S., 2016 to
2020 (in $ thousands)
- Table 4-40: Global Market Size of ITS Technology Products, 2016 to 2020
(in $ thousands)
- Figure 4-9: Global Market Size of ITS Technology Products, 2011 to 2020
(in $ thousands)
Chapter 5: Competitive Profiles
- Vitronic
- Recent Developments
- TransCore Intelligent Transportation Systems Group
- IBM
- Iteris
- Figure 5-1: Iteris Revenues by Product Type, 2008 to 2010 (in $ millions)
- Product Development
- Scania
- Figure 5-2: Scania Revenue by Business Unit, 2008 to 2010 (e) (in $
millions)
- Efkon
- Recent Developments
- Traffic Data Systems
- Telvent
- Figure 5-3: Telvent Share of Sales by Business Unit, 2010 (e)
- Denso Corp
- Product Innovation
- Image Sensing Systems, Inc.
- Recent Developments
- Kapsch TrafficCom
Chapter 6: Market Challenges
- Government Policy for ITS Projects
- Table 6-1: U.S. Transportation Investment Generating Economic Recovery
(TIGER) Funding Facts and Figures, 2010
- Table 6-2: U.S. Recovery Act Funding of Transportation Infrastructure
Projects, 2010
- ITS Deployment: The EU Legislative Policy
- Japan ITS Government Policy
- Governments Move to Standardize ITS Products
- What Are ITS Standards?
- Figure 6-1: U.S. National ITS Architecture Schematic
