The global integrated traffic systems market is anticipated to grow at a CAGR of 8.8% during the forecast period. The integrated traffic system is designed to enable existing roadways to optimize traffic flow. The integrated traffic systems include a traffic data database management system (including details of accidents, road volumes, and signal timing) that links this database to traffic analysis programs. This simplifies data processing within towns, standardizes traffic procedures, and eliminates duplication of computerization efforts. A traffic management system is an IT solution that improves pedestrian safety and protection while facilitating vehicular traffic. The rising traffic jams owing to the increasing number of vehicles, and developments in emergency services and traffic management that empower authorities to speedily respond to accidents and emergencies effectively are the factors that are contributing to the market growth. The usage of integrated traffic systems lessens the travel duration and increases efficiency in traffic management.
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With the help of apparent insights depicted here into a wide range of product and service releases by key competitors in the market, novice players are able to position themselves in the vast market. It is an indispensable need to get detailed idea to track future business growth and this Integrated Traffic Systems Market research report is the best medium to get that vision. It also aims at providing market environment along with covering complete market information. Integrated Traffic Systems Market research report also enables business owners to have firm grasp over what consumers exactly expect, their future demands, wants and preferences by offering detailed customer related data. It further discusses about key market players and ongoing latest trends.
This informative yet easy to understand Integrated Traffic Systems Market study report covers wide-ranging product launch wise latest trends, regulatory shifts and other important factors, which are expected to affect the overall industry growth for the approaching time span 2022-2028. It aims at providing detailed knowledge about what customers exactly want from which key players can make sound decision making for the growth of business. It also aims at measuring marketing effectiveness. SWOT Analysis technique is also employed to form the market research report to cover helpful opportunities, possible challenges and threats. Impact of new corona virus on the global economy is also shared in this Integrated Traffic Systems Market report. Collaborations, mergers and acquisitions like strategies are also covered in this market study report.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Integrated Traffic Systems Market by Function
- Traffic Control
- Traffic Monitoring
- Information Provisions
Global Integrated Traffic Systems Market by Hardware
- Display Boards
- Sensors
- Surveillance Cameras
- Radars
- Smart Traffic Lights
- Interface Boards
Global Integrated Traffic Systems Market by Sensors Type
- Infrared Sensors
- Weigh-In-Motion Sensors (Force Sensor)
- Acoustic Sensors
- Road Condition Sensors
- Visibility Sensors
- thermal Mapping Sensors
- Wind Speed Sensors
- Inductive Loop Detectors
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- 3M Co.
- Cisco Systems, Inc.
- Citilog SA
- Cubic Corp.
- Econolite Systems
- FLIR Systems, Inc.
- Global Traffic Technologies, LLC
- IBM Corp.
- Industrial Management Technology & Contracting (imtac) LLC,
- Iteris, Inc.
- Intelvision Technologies
- Indra Sistemas, S.A
- JENOPTIK AG
- Kapsch Group
- LG CNS (LG Corp.)
- PTV Planung Transport Verkehr AG
- Savari, Inc.
- Siemens AG
- SNC-Lavalin
- Sumitomo Electric Industries
- SWARCO AG
- TransCore
- VaaaN Infra Pvt., Ltd.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global integrated traffic systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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