China Intelligent Transportation System Market Overview, 2029

The China Intelligent Transportation System Market is projected to reach market size of more than USD 4 Billion by 2029 due to leading the way in intelligent transportation system

China's engagement with Intelligent Transportation Systems (ITS) has evolved across distinct phases, spanning over two decades. In the initial stage during the 1990s, universities and research institutions pioneered ITS exploration, primarily focusing on basic solutions such as traffic signal control and traffic flow monitoring systems, particularly in urban areas. Notably, China heavily depended on foreign ITS solutions, adopting technologies like the British Split Cycle Offset Optimizing Technique (SCOOT) and the Australian Sydney Coordinated Adaptive Traffic System (SCATS). The 2000s marked a significant breakthrough in China's ITS development, coinciding with major events like the 2008 Beijing Olympics and the 2010 Shanghai Expo. These events acted as catalysts for accelerated infrastructure development and technological advancements. Substantial government investment was directed toward research, development, and demonstration projects, with a specific emphasis on applications such as highway infrastructure construction, traffic management systems, and enhancements to public transportation. The subsequent decade, from the 2010s to the present, witnessed explosive growth in China's ITS market, driven by various factors. Government initiatives played a pivotal role, actively promoting ITS adoption through funding, the establishment of national standards, and collaborations with the private sector. Concurrently, technological advancements in artificial intelligence, big data, and the Internet of Things (IoT) have paved the way for innovative ITS solutions. The challenges posed by rapid urbanization further underscore the significance of ITS as a crucial tool for managing traffic flow and enhancing public transportation efficiency. This multifaceted evolution reflects China's dynamic journey in embracing and advancing Intelligent Transportation Systems. According to the research report "China Intelligent Transportation System Market Overview, 2029," published by Bonafide Research, the China Intelligent Transportation System Market is projected to reach market size of more than USD 4 Billion by 2029. China currently stands as a global leader in Intelligent Transportation Systems (ITS), showcasing a robust and swiftly evolving ecosystem. Noteworthy features of this landscape include an extensive network of intelligent highways, positioning China at the forefront with the largest mileage equipped with advanced traffic management systems. Major cities within the country have successfully implemented integrated public transportation networks, incorporating smart ticketing systems, real-time information displays, and multimodal transportation options seamlessly. Furthermore, China is at the forefront of exploring and piloting emerging technologies in the ITS domain. This includes ventures into autonomous vehicles, connected car platforms, and intelligent parking systems, reflecting the nation's commitment to staying at the cutting edge of transportation innovation. Looking towards the future, the trajectory of China's ITS market is anticipated to witness sustained growth and innovation. The focus is likely to shift towards sustainability by integrating ITS solutions with renewable energy sources and promoting environmentally friendly transportation modes. Additionally, there will be an emphasis on data security, with efforts directed at developing robust frameworks for data privacy and security to ensure responsible usage of collected data. A crucial aspect of China's future ITS endeavors involves addressing equity concerns, ensuring that the benefits of these advanced systems extend beyond major cities to encompass all regions. This approach aims to tackle regional disparities and promote inclusive development. By leveraging its strong foundation and proactively addressing emerging challenges, China is well-positioned to retain its global leadership in the ongoing development and implementation of next-generation ITS solutions.

What's Inside a Bonafide Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

Download Sample

The intelligent transportation market in the China boasts a nuanced classification system based on type, mode of transportation, and components. In terms of type, it encompasses a diverse range, including Advanced Traffic Management Systems, Advanced Traveler Information Systems, Advanced Transportation Pricing Systems, Advanced Public Transportation Systems, Emergency Medical Systems, Commercial Vehicle Operations, and Automatic Number Plate Recognition. Notably, Comvision's Advanced/Highway Traffic Management System (ATMS/HTMS) epitomizes a comprehensive approach utilizing cutting-edge technologies to optimize traffic flow on highways. The primary goals include reducing congestion, monitoring incidents, and enhancing overall safety for drivers. Advanced Traveler Information Systems (ATIS) play a pivotal role in collecting, analyzing, and presenting information to facilitate seamless travel from origin to destination. Additionally, Advanced Public Transportation Systems (APTS) leverage advanced navigation and communication technologies to enhance the safety, reliability, and convenience of public transportation. APTS further empower transportation agencies by providing timely transit information to passengers. Emergency Medical Services (EMS) constitute a critical system delivering emergency medical care to individuals facing serious illnesses or injuries, often referred to as ambulance or paramedic services. Commercial Vehicle Operations (CVO), an application of Intelligent Transportation Systems (ITS) for trucks, encompasses the movement of freight and passengers in commercial vehicles, including associated regulatory activities. Automatic Number Plate Recognition (ANPR), utilizing computer vision and image processing, is a technology designed to automatically scan and identify vehicle number plates through optical character recognition (OCR) and video analytics, allowing for the reading and capture of license plate information. The meticulous categorization extends further based on the mode of transportation, including roadways, railways, airways, and marine. Additionally, the components of the intelligent transportation market encompass hardware, software, and services. This comprehensive classification underscores the depth and sophistication of the China intelligent transportation market. China's remarkable achievements in Intelligent Transportation Systems (ITS) are driven by a well-coordinated government approach. This multifaceted strategy fuels innovation, fosters collaboration, and prioritizes sustainability. Firstly, the government plays a crucial role in funding research and development through pilot projects and demonstration programs. This allows for testing and refinement of ITS solutions before nationwide deployment. Additionally, national development plans prioritize ITS and allocate dedicated funding, ensuring financial resources for ongoing advancement. Secondly, clear standards and regulations are established for ITS deployment. These standardized guidelines ensure compatibility between different systems, promoting interoperability across regions and facilitating seamless nationwide implementation. To accelerate development and deployment, the government actively encourages Public-Private Partnerships (PPPs). This collaboration leverages private sector expertise, resources, and investment capabilities, leading to diverse and innovative ITS solutions across various transportation sectors. Furthermore, a supportive legal and regulatory framework is established to address concerns like data privacy, cybersecurity, and liability. This fosters public trust and attracts investment in the sector, creating a conducive environment for growth. Innovation is further encouraged through government initiatives like startup incubation programs, technology innovation competitions, and tax breaks. These programs incentivize entrepreneurship and the development of cutting-edge ITS solutions, driving the sector forward. Beyond domestic efforts, China actively engages in global collaboration with other countries and international organizations. This exchange of knowledge and expertise fosters best practices and accelerates learning, leading to continuous progress within the ITS landscape. Finally, recognizing the environmental benefits, the government actively promotes the development and adoption of sustainable transportation practices. This includes integrating ITS with renewable energy sources, promoting electric vehicles, and optimizing traffic flow for reduced emissions, contributing to a more sustainable future. Despite China's remarkable progress in ITS, challenges remain on the horizon. Data security and privacy concerns loom large, demanding robust frameworks to ensure responsible data use and maintain public trust. Integrating diverse ITS solutions with existing infrastructure requires meticulous planning and coordination to create a unified and efficient ecosystem. Moreover, sustainability and equity call for promoting green transportation and bridging the development gap between regions. Ethical considerations like bias in algorithms and automated decision-making necessitate the establishment of clear guidelines. Additionally, addressing the talent gap by equipping the workforce with the necessary skills is crucial. Finally, safeguarding critical infrastructure and data from cyber threats requires robust cybersecurity measures. By proactively tackling these challenges and fostering collaboration, China can navigate these hurdles and solidify its position as a global leader in shaping the future of efficient, safe, and sustainable transportation. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029

Make this report your own

Have queries/questions regarding a report?

Take advantage of intelligence tailored to your business objective

Prashant Tiwari

Prashant Tiwari

Research Analyst

Aspects covered in this report • Intelligent Transportation market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Type • Advanced Traffic Management Systems (ATMS) • Advanced Traveller Information Systems (ATIS) • Advanced Transportation Pricing Systems (ATPS) • Advanced Public Transportation Systems (APTS) • Emergency Medical Systems (EMS) • Commercial Vehicle Operation (CVO) • Automatic Number Plate Recognition (ANPR) By Mode of Transportation • Roadways (Traffic management, Road safety, Parking management, Freight management, Automotive Telematics, Others (Ticketing Management, Emergency Vehicle Notification, Environment Protection, etc.) • Railways (Rail-running Operation and Collision Avoidance, Passenger Information Management, Smart Ticketing, Security Surveillance, Emergency Notification, Others) • Airways (Security & Surveillance, Shuttle Bus Tracking, Traveller Information Management, Smart Ticketing, Aircraft Management, Emergency Notification, Others) • Marine (Freight Arrival & Transit, Real-time Weather Information Tracking, Container Movement Scheduling, Emergency Notification, Others)

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now
Prashant Tiwari

By Component • Hardware (Interface Boards, Sensors, Surveillance Cameras, Telecommunication Networks, Monitoring and Detection Systems, Others (Linked traffic controller & Variable message signboard)) • Software (Visualization Software, Video Detection Management Software, Transit Management Software, Others) • Services (Business and Cloud Services and Support and Maintenance Services) The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Intelligent Transportation industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

Table of Contents

  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. Geography
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. China Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Key Findings
  • 5.2. Key Developments - 2021
  • 5.3. Market Drivers & Opportunities
  • 5.4. Market Restraints & Challenges
  • 5.5. Market Trends
  • 5.6. Covid-19 Effect
  • 5.7. Supply chain Analysis
  • 5.8. Policy & Regulatory Framework
  • 5.9. Industry Experts Views
  • 6. China Intelligent Transportation System Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast By Type
  • 6.3. Market Size and Forecast By Mode of Transportation
  • 6.4. Market Size and Forecast By Component
  • 7. China Intelligent Transportation System Market Segmentations
  • 7.1. China Intelligent Transportation System Market, By Type
  • 7.1.1. China Intelligent Transportation System Market Size, By Advanced Traffic Management Systems (ATMS), 2018-2029
  • 7.1.2. China Intelligent Transportation System Market Size, By Advanced Traveler Information Systems (ATIS), 2018-2029
  • 7.1.3. China Intelligent Transportation System Market Size, By Advanced Transportation Pricing Systems (ATPS), 2018-2029
  • 7.1.4. China Intelligent Transportation System Market Size, By Advanced Public Transportation Systems (APTS), 2018-2029
  • 7.1.5. China Intelligent Transportation System Market Size, By Emergency Medical Systems (EMS), 2018-2029
  • 7.1.6. China Intelligent Transportation System Market Size, By Commercial Vehicle Operation (CVO), 2018-2029
  • 7.1.7. China Intelligent Transportation System Market Size, By Automatic Number Plate Recognition (ANPR), 2018-2029
  • 7.2. China Intelligent Transportation System Market, By Mode of Transportation
  • 7.2.1. China Intelligent Transportation System Market Size, By Roadways, 2018-2029
  • 7.2.2. China Intelligent Transportation System Market Size, By Railways, 2018-2029
  • 7.2.3. China Intelligent Transportation System Market Size, By Airways, 2018-2029
  • 7.2.4. China Intelligent Transportation System Market Size, By Marine, 2018-2029
  • 7.3. China Intelligent Transportation System Market, By Component
  • 7.3.1. China Intelligent Transportation System Market Size, By Hardware, 2018-2029
  • 7.3.2. China Intelligent Transportation System Market Size, By Software, 2018-2029
  • 7.3.3. China Intelligent Transportation System Market Size, By Services, 2018-2029
  • 8. China Intelligent Transportation System Market Opportunity Assessment
  • 8.1. By Type, 2024 to 2029
  • 8.2. By Mode of Transportation, 2024 to 2029
  • 8.3. By Component, 2024 to 2029
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profile
  • 9.2.1. Company 1
  • 9.2.1.1. Company Snapshot
  • 9.2.1.2. Company Overview
  • 9.2.1.3. Financial Highlights
  • 9.2.1.4. Geographic Insights
  • 9.2.1.5. Business Segment & Performance
  • 9.2.1.6. Product Portfolio
  • 9.2.1.7. Key Executives
  • 9.2.1.8. Strategic Moves & Developments
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

Table 1: Influencing Factors for China Intelligent Transportation System Market, 2023
Table 2: China Intelligent Transportation System Market Size and Forecast By Type (2018, 2023 & 2029F)
Table 3: China Intelligent Transportation System Market Size and Forecast By Mode of Transportation (2018, 2023 & 2029F)
Table 4: China Intelligent Transportation System Market Size and Forecast By Component (2018, 2023 & 2029F)
Table 5: China Intelligent Transportation System Market Size of Advanced Traffic Management Systems (ATMS) (2018 to 2029) in USD Million
Table 6: China Intelligent Transportation System Market Size of Advanced Traveler Information Systems (ATIS) (2018 to 2029) in USD Million
Table 7: China Intelligent Transportation System Market Size of Advanced Transportation Pricing Systems (ATPS) (2018 to 2029) in USD Million
Table 8: China Intelligent Transportation System Market Size of Advanced Public Transportation Systems (APTS) (2018 to 2029) in USD Million
Table 9: China Intelligent Transportation System Market Size of Emergency Medical Systems (EMS) (2018 to 2029) in USD Million
Table 10: China Intelligent Transportation System Market Size of Commercial Vehicle Operation (CVO) (2018 to 2029) in USD Million
Table 11: China Intelligent Transportation System Market Size of Automatic Number Plate Recognition (ANPR) (2018 to 2029) in USD Million
Table 12: China Intelligent Transportation System Market Size of Roadways (2018 to 2029) in USD Million
Table 13: China Intelligent Transportation System Market Size of Railways (2018 to 2029) in USD Million
Table 14: China Intelligent Transportation System Market Size of Airways (2018 to 2029) in USD Million
Table 15: China Intelligent Transportation System Market Size of Marine (2018 to 2029) in USD Million
Table 16: China Intelligent Transportation System Market Size of Hardware (2018 to 2029) in USD Million
Table 17: China Intelligent Transportation System Market Size of Software (2018 to 2029) in USD Million
Table 18: China Intelligent Transportation System Market Size of Services (2018 to 2029) in USD Million

Figure 1: China Intelligent Transportation System Market Size By Value (2018, 2023 & 2029F) (in USD Million)
Figure 2: Market Attractiveness Index, By Type
Figure 3: Market Attractiveness Index, By Mode of Transportation
Figure 4: Market Attractiveness Index, By Component
Figure 5: Porter's Five Forces of China Intelligent Transportation System Market
Logo

China Intelligent Transportation System Market Overview, 2029

Contact usWe are friendly and approachable, give us a call.