PUBLISHER: Orion Market Research | PRODUCT CODE: 1064699
PUBLISHER: Orion Market Research | PRODUCT CODE: 1064699
Global Intelligent Road System Market Size, Share & Trends Analysis Report by Application (Emergency Vehicle Notification Systems, Automatic Road Enforcement, Variable Speed Limits, and Collision Avoidance Systems), Forecast Period (2021-2027)
The global intelligent road system market is anticipated to grow at a considerable CAGR during the forecast period. The market growth is attributed to the growing concern regarding traffic congestion. The intelligent road system provides real-time guidance to travelers regularly, allowing them to avoid traffic jams. Moreover, the market is driven by the increased demand for road safety enhancements globally
The global intelligent road system market is segmented based on application into emergency vehicle notification systems, automatic road enforcement, variable speed limits, and collision avoidance systems. Geographically, the global intelligent road system market covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and the Rest of the World.
Market Segmentation
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