France Intelligent Transportation System Market Size & Outlook
France intelligent transportation system market, 2018-2030 (US$M)
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France intelligent transportation system market highlights
- The France intelligent transportation system market generated a revenue of USD 1,947.9 million in 2023 and is expected to reach USD 3,987.9 million by 2030.
- The France market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, roadway was the largest revenue generating transportation mode in 2023.
- Maritime is the most lucrative transportation mode segment registering the fastest growth during the forecast period.
Intelligent transportation system market data book summary
| Market revenue in 2023 | USD 1,947.9 million |
| Market revenue in 2030 | USD 3,987.9 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Roadway |
| Fastest growing segment | Maritime |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Roadway, Railway, Airway, Maritime |
| Key market players worldwide | Advantech, Iridium Communications Inc, Alstom SA, Cubic Corporation, Hitachi Ltd, Indra Sistemas SA ADR, Iteris Inc, Kapsch Group, Kongsberg Gruppen ASA, L3Harris Technologies Inc, Brunswick Corp, NEC Corp, Siemens AG, Spire Global Inc Ordinary Shares - Class A, Teledyne Technologies Inc, Thales, Transcore, Wabtec |
Other key industry trends
- In terms of revenue, France accounted for 3.8% of the global intelligent transportation system market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany intelligent transportation system market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 3,987.9 million by 2030.
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Intelligent Transportation System Market Scope
Intelligent Transportation System Market Companies
| Name | Profile | # Employees | HQ | Website |
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France intelligent transportation system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intelligent transportation system market will help companies and investors design strategic landscapes.
Roadway was the largest segment with a revenue share of 44.61% in 2023. Horizon Databook has segmented the France intelligent transportation system market based on roadway, railway, airway, maritime covering the revenue growth of each sub-segment from 2018 to 2030.
The country is emphasizing integrating advanced technologies into transportation infrastructure to enhance efficiency and reduce traffic-related problems. The integration of Internet of Things (IoT) devices and connected vehicles has also played a pivotal role in the growth of the ITS market in France.
For instance, in November 2022, Kapsch TrafficCom entered into a contract with French highway concessionaire SAPN to deliver free-flow gantries, including hardware and software solutions.
This contract involves replacing the existing toll plaza with gantries to help in the detection, identification, and classification of vehicles with an automatic system for calculating and collecting the corresponding toll fee. Such initiatives are expected to drive the growth of intelligent transportation systems in France.
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Horizon Databook provides a detailed overview of country-level data and insights on the France intelligent transportation system market , including forecasts for subscribers. This country databook contains high-level insights into France intelligent transportation system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France intelligent transportation system market size, by transportation mode, 2018-2030 (US$M)
France Intelligent Transportation System Market Outlook Share, 2023 & 2030 (US$M)
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