The value of the traffic sensor market was $2997 million in 2020, and is expected to reach $57.84 million by 2027, with an annual average growth of 8% from 2021 to 2027. Increasing adoption of bicycle counting sensors, increasing demand for real-time information systems, and increasing adoption of analytics-based transportation solutions are expected to drive […]
Tag Archives: Traffic Sensor Market
Traffic Sensor Market was valued at USD 205.7 Million in 2016 and is expected to reach USD 381.3 Million by 2027, at a CAGR of 8%. The market growth can be attributed to a number of factors such as increasing demand for real-time information systems, government initiatives to modify transportation infrastructure, urbanization and population growth. […]