Global Intelligent Road System (IRS) Market Size, Status and Forecast 2020-2026

The Intelligent Road System is the tested route to mitigate the traffic congestion problem. It is an application that is designed to provide customized solutions to improve the transportation system. The major objective of this system is to evaluate, develop, analyze and integrate new technologies and concept to achieve the traffic efficacy.
The major growth driver of Intelligent Road System Market includes increasing concern about traffic congestion, increasing need of road safety improvements, and shifting of freight industry from unorganized to organized sector among others.

Market Analysis and Insights: Global Intelligent Road System (IRS) Market
The global Intelligent Road System (IRS) market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Intelligent Road System (IRS) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Intelligent Road System (IRS) market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Intelligent Road System (IRS) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Intelligent Road System (IRS) market.

Global Intelligent Road System (IRS) Scope and Segment
Intelligent Road System (IRS) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Intelligent Road System (IRS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

Market segment by Type, the product can be split into

Wireless Communication
Computational Technologies
Floating Car Data/ Floating Cellular Data
Sensing Technologies
Others

Market segment by Application, split into

Emergency Vehicle Notification System
Automatic Road Enforcement
Variable Speed Limits
Collision Avoidance System
Others

Based on regional and country-level analysis, the Intelligent Road System (IRS) market has been segmented as follows:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE

In the competitive analysis section of the report, leading as well as prominent players of the global Intelligent Road System (IRS) market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.

The key players covered in this study

Ricardo
TomTom
International BV
Siemen
WS Atkins
Kapsch Trafficcom
Q-Free ASA
EFKON
Iteris