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Grand View Research, Inc. – Market Research And Consulting.

According to a report, “Middle East Intelligent Transportation Systems (ITS) Market Analysis Report By Type (ATMS, ATPS, APTS, EMS), By Application (Public Transport, Automotive Telematics), And Segment Forecasts, 2018 – 2025”, published by Grand View Research, Inc.,The Middle East intelligent transportation system (ITS) market size is anticipated to reach USD 6.77 billion by 2025,  rising at a CAGR of 11.6% during the forecast period. ITS is integrated with advanced automotive sensors to monitor and develop strategies to reduce traffic or provide access to sensitive pollution areas, where air quality is below an acceptable level. These systems inform drivers about vehicle emitting pollutant levels and corrective actions to be taken. In addition, these systems help transportation and environment protection authorities to develop and evaluate pollution control strategies, which help in effective environmental protection.

Key Takeaways from the report:

• Emergency Management System (EMS) is estimated to be the fastest growing segment, with a CAGR of approximately 17.0% from 2018 to 2025

• The Kingdom of Saudi Arabia market is likely to be the most promising regional market, registering a CAGR of 12.2% during the forecast period. Stringent regulations to improve driver, passenger, and pedestrian safety in the country are the key factor driving the regional market

• The UAE road tolling systems segment is projected to reach USD 522.1 million by 2025. Public transport segments is poised to experience a CAGR of 10.1% during the forecast period

• Some of the prominent companies operating in the market are Denso Corporation, Efkon Ag, Garmin International, and Lanner Electronics.

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Traffic management system emerged as the dominant application segment in 2017, accounting for 41.7% of the total market share. Traffic management systems enhance reliability and operation performance of road networks. Road authorities deploy advanced traffic management systems to maximize operation performance and reliability of all aspects of road networks such as traffic management, control, and surveillance. Several types of traffic management systems are urban and inter-urban systems, vehicle detection systems, ramp metering systems, bridge traffic management systems, and tunnel traffic management systems.

ATMS solutions offered by market participants combine data processing technology, sensors, and communication to ensure real-time management of operations of transportation networks; data gathered and processed is useful for both drivers and travelers. Advanced public transport system (APTS) is expected to post a noteworthy CAGR of 13.8% during the forecast period, owing to increasing government initiatives.

Grand View Research has segmented the Middle East intelligent transportation system (ITS) market on the basis of application and type:

Middle East Intelligent Transportation System Type Outlook (Revenue, USD Million, 2015 – 2025)

• ATIS

• ATMS

• ATPS

• APTS

• EMS

Middle East Intelligent Transportation System Application Type Outlook (Revenue, USD Million, 2015 – 2025)

• Automatic Crash Notification (ACN)

• Emergency Calling

• Vehicle Tracking

• Navigation and Infotainment

• Diagnostics

• Road Assistance

Middle East Intelligent Transportation System Regional Outlook (Revenue, USD Million, 2015 – 2025)

• U.A.E.

• The Kingdom of Saudi Arabia

• Rest of Middle East

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About Grad View Research, Inc.

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

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