The global market for intelligent transport system is envisaged to see substantial progress throughout the world. It is expected to rise at a steady CAGR through 2030 on account of growing awareness regarding public safety, adoption of environmental friendly automobile technologies, necessity to present real-time traffic information of different regions, growing need to limit pollution, traffic jams and to have an alternate technology to manage traffic.
The global intelligent transportation system market size was valued at USD 24.8 billion in 2021 and is expected to expand at a CAGR of 7.2% from 2021 to 2031.
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Key companies provide the intelligent transport system are:
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https://www.einpresswire.com/article/557143001/worldwide-revenue-share-of-undercarriage-components-for-mini-excavators-is-expected-to-account-nearly-us-6-5-billion
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