Canada Intelligent Transportation System Market Overview, 2029

Canada Intelligent Transportation System Market Overview, 2029

Intelligent Transportation Systems (ITS) in Canada are defined by ITS Canada as the strategic application of cutting-edge technologies such as computers, sensors, control systems, communications, and electronic devices across various modes of transportation. This broad and adaptable definition emphasizes the diverse applications aimed at saving lives, time, money, energy, and promoting environmental sustainability. Covering all facets of transportation, ITS plays a pivotal role in achieving key objectives like mobility, safety, efficiency, and sustainability. With leading-edge technologies already integrated into numerous ITS applications worldwide, the continual emergence of new technologies necessitates their seamless integration to enhance the effectiveness and cost-efficiency of transportation systems. Governments globally, including Canada, are making significant investments, totaling hundreds of millions of dollars, in ITS solutions to address transportation challenges. For instance, in the United States, cities and states are anticipated to invest a substantial $14 billion this year alone in transportation technology. The innovative ITS industry in Canada not only addresses domestic transportation issues but also positions itself to tap into the expansive global ITS market.

According to the research report ""Canada Intelligent Transportation System Market Research Report, 2029,"" published by Actual Market Research, the Canada Intelligent Transportation System Market is projected to grow with more than 8% CAGR from 2024 to 2029. Over the past two decades, the rapid emergence of new technologies has left an indelible mark on our daily lives, and Intelligent Transportation Systems (ITS) have adeptly harnessed these innovations to deliver cost-effective solutions to transportation challenges. Looking ahead to the next decade, several key technologies are poised to further propel the development and enhancement of ITS. Notably, the implementation of 5G communication networks by Canadian telecommunication carriers is set to revolutionize digital communications across the country. This strategic deployment promises to significantly enhance efficiency and effectiveness in various sectors, including transportation. The infusion of 5G technology not only provides Canadians with cutting-edge connectivity but also stands to make substantial contributions from the wireless industry, thereby supporting the ongoing evolution of ITS solutions. Another transformative technology on the horizon is the Internet of Things (IoT), an interconnected network of devices with Internet connectivity. This includes mobile phones, traffic sensors, video cameras, and connected vehicles. IoT plays a critical role in organizing traffic sensor networks, and its application in ""Smart cities"" holds promise for optimizing energy use and reducing waste. The integration of IoT into ITS is poised to create more interconnected and efficient transportation systems, shaping the future of urban mobility. Artificial Intelligence (AI) serves as a ubiquitous force in our daily lives, influencing various facets such as web-based recommendations and electronic payments. In the realm of ITS, AI takes on more sophisticated forms, utilizing machine vision and pattern recognition. For instance, AI is employed in video detection for monitoring traffic incidents and congestion, showcasing its potential to enhance the functions of ITS through intelligent data analysis and decision-making. As Canada embraces these technologies, the trajectory of ITS is set for a transformative shift, promising not only improved connectivity and efficiency but also novel solutions to complex transportation challenges in the years to come.

The intelligent transportation market in Canada 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 Canada intelligent transportation market.

The intelligent transportation market in Canada exhibits a dynamic landscape shaped by emerging trends and technological advancements. The delineation of ITS capability clusters has become increasingly blurred due to functional similarities among technologies and the convergence of legal and operational considerations. Recent technological strides have resulted in a tighter integration of various ITS services, fostering enhanced collaboration among stakeholders. The Transportation 2030 Plan underscores a shift in focus from transportation modes to the traveler, prompting a reevaluation of ITS as mobility technology and capability clusters. These clusters encompass traffic management systems, spanning freeway and traffic signal control systems, Advanced Traffic Management Systems (ATMS), Advanced Traveler Information Systems (ATIS), and other integral components. The emphasis is on managing and controlling traffic using technologies like travel time systems, traffic adaptive control systems, and Closed-Circuit Television (CCTV) systems to enhance overall safety and inform travelers. In the realm of communication infrastructure for traffic management systems, the backbone relies on advanced networks like 5G. The evolution from copper circuits to fiber optics, exemplified by the Highway 401 Compass System, demonstrates the progression in ensuring efficient traffic control. The provision of 5G technology with ultra-low latency and reliable edge computing is poised to revolutionize communication infrastructure, potentially transforming traditional traffic control networks.

The multi-modal systems category addresses various forms of public transit, shared rides, micro-mobility modes, and the anticipated inclusion of air taxis and drones in the near future. Aligned with the Transport 2030 Plan's emphasis on the traveler, this cluster aims to meet diverse traveler needs and choices. The public transit industry, a substantial component of multi-modal systems, incorporates both traditional and emerging technologies, with BRT, e-bikes, and e-scooters representing recent additions. The integration of AI and lidar detectors, along with universal payment technologies, GPS, and self-driving shuttles, highlights the industry's commitment to embracing innovative solutions for enhanced mobility. The transit arena is evolving into a multi-modal industry, adapting to technological advancements to address the challenges of the last mile and improve overall passenger experience.
Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

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)

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.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

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)

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.