PUBLISHER: Inkwood Research | PRODUCT CODE: 1170411
PUBLISHER: Inkwood Research | PRODUCT CODE: 1170411
The North America intelligent roadways transport management systems market is expected to propel with a 10.91% CAGR during the assessment years 2023-2032. The presence of several players and industry columns and the replacement of NAFTA by the United States-Mexico-Canada Agreement (USMCA) boosts the market growth.
The North America intelligent roadways transport management systems market growth evaluation entails an in-depth assessment of the United States and Canada. In Canada, road transportation is the most important mode of freight and passenger, intra-provincial, intra and inter-city transportation, and trade between Canada and the United States (in terms of value transported). In 2015, the National Highway System (NHS) included over 38,075 lane kilometers, with four provinces, Alberta, Ontario, Saskatchewan, and Quebec, accounting for the majority of road length.
Furthermore, a large number of users share Canada's road network, including light vehicles, medium & heavy trucks, public transit buses, motor coaches, motorcycles, pedestrians, cyclists and rollerbladers. Managing all the shipments and traffic in cities and highways is important for the country. Control and verifying shipments imported from the United States is another cause of the use of intelligent roadways transport management systems, which drives the market growth in Canada.
Some of the leading companies in the market are: 3GTMAS Inc and Manhattan Associates Inc.