UAE Intelligent Transportation System Market 2017-2023: Market is Projected to Grow at a CAGR of 9.2%

Dublin, Jan. 18, 2018 -- The "UAE Intelligent Transportation System Market (2017-2023): Forecast by Types, Verticals, Regions and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

UAE Intelligent Transportation System market is projected to grow at a CAGR of 9.2% during 2017-2023. According to the 'UAE Vision 2021', launched by the government in 2010, the government would increase its investment across major areas, which would also drive the investments in transportation sector. Moreover, UAE government has planned to spend over $6.81 Billion on the Infrastructural related projects for Dubai Expo 2020, driving in further increase in demand for traffic congestion control.

Growing security concerns, surging traffic congestion issues coupled with increase in sale of vehicles in the country are some of the key reasons factors that are resulting in the overall growth of the Intelligent Transportation systems in the UAE.

Further, with the increase in demand for smart vehicles and internet of things, the market of Intelligent Transportation System is expected to register healthy growth over the next six years. Advanced Transportation Management System, accounted for the major revenue share in the UAE market owing to increase in installation in traffic control system.

In the UAE region, northern region held major market for Intelligent Transportation systems in terms of revenues on the back of increasing infrastructure development activities in the region. For Instance, a 27% surge in the infrastructural spending by UAE's government budget in 2017 would create more number of projects in the transportation sector. Northern region is expected to maintain its market share during the forecast period as well.

The report thoroughly covers the UAE Intelligent Transportation System market by types, verticals and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Markets Covered

The report provides detailed analysis of the following market segments:

• By Type:
  • Advanced Transportation Management System
  • Advanced Public Transportation System
  • Advanced Traveler Information System
  • Cooperative Vehicle System
  • Others
• By Verticals:
  • Traffic Signal Control
  • Parking Management
  • Public Transport
  • Telematics
  • Traffic Monitoring
  • Tolling
  • Others
• By Regions:
  • Northern Region
  • Southern Region

Key Topics Covered:

1. Executive Summary

2. Introduction

3. Global Intelligent Transportation Market Overview

4. UAE Intelligent Transportation Market Overview

5. UAE Intelligent Transportation Market Dynamics

6. UAE Intelligent Transportation Market Trends & Opportunities

7. UAE Intelligent Transportation Market Overview, By Type

8. UAE Intelligent Transportation Market Overview, By Region

9. UAE Intelligent Transportation Market Overview, By Application

10. UAE Intelligent Transportation Market Competitive Landscape

11. Company Profiles

• ABB Industries LLC
• Amit Garmin
• Denso Corporation
• General Electric International Inc.
• Hitachi, Ltd.
• Kapsch Trafficom AG
• Nuance Communications Ireland Ltd.
• Siemens LLC.
• Thales Group
• Transcore Inc.
• WS Atkins plc

For more information about this report visit https://www.researchandmarkets.com/research/s625n6/uae_intelligent?w=12

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