Intelligent Transportation System companies

  • Report ID: 3261
  • Published Date: Jun 05, 2025
  • Report Format: PDF, PPT

Companies Dominating the Intelligent Transportation System Landscape

    The intelligent transportation system market includes both major conglomerates and niche players. European companies such as Siemens AG and Thales Group lead in traffic and public transport systems, while U.S. companies Cubic Corporation and Garmin Ltd. concentrate on fare collection and navigation. Japan firms DENSO and Hitachi provide advanced automotive and infrastructure tech. Key strategies involve AI traffic analytics, smart city partnerships, and growth in emerging urban markets. Given below is a table of the top players in the intelligent transportation system market with their respective shares.

    Company Name

    Country

    Estimated Market Share (%)

    Siemens AG

    Germany

    13%

    Thales Group

    France

    11%

    Cubic Corporation

    USA

    10%

    Kapsch TrafficCom AG

    Austria

    9%

    TomTom NV

    Netherlands

    xx%

    Garmin Ltd.

    USA

    xx%

    Q-Free ASA

    Norway

    xx%

    Iteris, Inc.

    USA

    xx%

    EFKON AG

    Austria

    xx%

    Lytx, Inc.

    USA

    xx%

    Masabi Ltd.

    UK

    xx%

    DENSO Corporation

    Japan

    xx%

    Hitachi, Ltd.

    Japan

    xx%

    Mitsubishi Heavy Industries, Ltd.

    Japan

    xx%

    Sumitomo Electric Industries, Ltd.

    Japan

    xx%

    Given below are the areas covered for each company in the intelligent transportation system market:

    • Company Overview 
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of intelligent transportation system is evaluated at USD 59 billion.

Intelligent Transportation System Market size was over USD 55 billion in 2024 and is poised to exceed USD 155 billion by 2037, witnessing over 8.5% CAGR during the forecast period i.e., between 2025-2037.

The intelligent transportation system market in North America is projected to hold a 38% share during the forecast period, owing to notable public and private sector investments in smart mobility infrastructure.

The major players in the market include Siemens AG; Thales Group; Cubic Corporation; Kapsch TrafficCom AG; TomTom NV; Garmin Ltd.; Q-Free ASA; Iteris, Inc.; EFKON AG; Lytx, Inc.; Masabi Ltd.; DENSO Corporation; Hitachi, Ltd.; Mitsubishi Heavy Industries, Ltd.; Sumitomo Electric Industries, Ltd.
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