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In the first half of 2018, the city intelligent transportation million project market size 8 billion
Jan 17, 2019

 According to statistics from ITS114, in the first half of 2018, China's urban intelligent transportation million projects (winning bid amount greater than 5 million) won 479 projects, up 24.1% year-on-year, an increase of 93 items over the same period of 2017; in 2018 In the past six months, the market size of China's urban intelligent transportation project has reached 8 billion, an increase of 2.6% year-on-year, which is basically the same as that in the same period of 2017 (as shown in Figure 1).



  Figure 1: Market size of urban intelligent transportation million projects in the first half of 2018

  From the perspective of the market area, in the first half of 2018, China's urban intelligent transportation million project market is mainly concentrated in East China (as shown in Figure 2). The top ten provinces and municipalities in the market area include Shandong, Guangdong, Sichuan, Jiangsu, Anhui, Guangxi, Tianjin, Zhejiang, Hebei, and Shanghai. Among them, there are five provinces and municipalities in the East China region, and the top ten market regions There are 185 million projects in the East China market, with a total market size of about 2.8 billion, accounting for 35.4% of the market size of China's urban intelligent transportation projects in the first half of 2018.



  Figure 2: China's urban intelligent transportation million project market administrative area in the first half of 2018

  In addition, it is worth mentioning that in the first half of 2018, the urban intelligent transportation million project market in Shandong Province continued its development momentum in recent years, and the market scale ranked firmly in the first place in the country (as shown in Table 1). In the first half of 2018, the total number of projects in the market was about 69, and the market size was about 1.05 billion, accounting for 13.3% of the national market for urban intelligent transportation.



  Table 1: The top ten market areas of China's urban intelligent transportation million project market in the first half of 2018

  In the bidding enterprise: Historic ITS integration service providers such as Hisense Network Technology, Yinjiang Co., Ltd. and Shanghai Dianke Intelligent are all on the list, and Yihua recorded a slight decline. In the first half of the year, Hisense Network Technology won a total of 27 projects in the field of urban intelligent transportation, with a total market size of about 800 million, ranking first among all successful bidders.

  In the first half of 2018, the number of market projects in China's urban security and Xueliang project million projects (winning bid amount greater than 8 million) was 278, and the market size was about 12.4 billion, a year-on-year increase of 5.98%, a slight increase compared with the same period in 2017; In addition, in the first half of 2018, China's highway informationization million projects (winning bid amount greater than 5 million) market projects were 164, the market size was about 9.3 billion, an increase of 13.41% over the same period of last year, compared with the same period in 2017.

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