The traffic observance is rising trend and growing with the massive demand within the traffic sensors market. These observance offers traffic information sensors and systems for vehicle classification, shaft investigating, over height, and 3D vehicle identification. While, the electronic toll assortment is integrated with advanced RFID and GSM technology for the identification of traffic signals, and vehicle speed measuring.
How Big is The Global Traffic Sensor Market?
The Global Traffic Sensor Market is expected to exceed more than US$ 380 Million by 2022 at a CAGR of 8.5% in the given forecast period.
The major driving factors of Global Traffic Sensor Market are as follows:
- Growing Need for Real-Time Information System
- Government Initiatives to Modify Transport Infrastructure
- Increasing Urbanization and Population
The restraining factors of Global Traffic Sensor Market are as follows:
- High Cost
The Global Traffic Sensor Market is segmented on the lines of its technology, sensor type, application and regional. Based on technology type segmentation it covers RFID, 3D/2D, GSM and Others. Based on technology it covers LiDAR sensors, Radar sensors, Magnetic sensors, piezoelectric sensors, Image sensors and others. Based on application type it covers Laser measurement systems, Electronic Toll Collection System, Hot spot detection system, Road tunnel sensors system and others. Global Traffic Sensor Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Global Traffic Sensor Market and related technologies.
2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2022.
3) Identifications of new market opportunities and targeted promotional plans for Global Traffic Sensor Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The scope of the report includes a detailed study of Global Traffic Sensor Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Raytheon Company (U.S.), Sensys Networks, Inc. (U.S.), FLIR Systems, Inc. (U.S.), TE Connectivity Ltd. (Switzerland), Kistler Group(Switzerland). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Traffic Sensor Market has been segmented as below:
By Technology Type:
By Sensor Type:
- LiDAR sensors
- Radar sensors
- Magnetic sensors
- Piezoelectric sensors
- Image sensors
By Application Type:
- Laser measurement systems
- Electronic Toll Collection System
- Hot spot detection system
- Road tunnel sensors system
By Regional Analysis:
- North America
- Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Global Traffic Sensor Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Traffic Sensor Market.
4) Assess your competitor’s refining portfolio and its evolution.
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1.1 KEY TAKE AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 MARKET SHARE
1.5.3 KEY DATA POINTS FROM SECONDARY SOURCES
1.5.4 KEY DATA POINTS FROM PRIMARY SOURCES
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
184.108.40.206 Key Data From Secondary Sources
2.1.2 Primary Data
220.127.116.11 Key Data From Primary Sources
18.104.22.168 Key Industry Insights
22.214.171.124 Breakdown of Primaries
2.2 Demand-Side and Supply-Side Analysis of the Traffic Sensor Market
2.2.1 Demand-Side Analysis
126.96.36.199 Total Number of Vehicles Produced
2.2.2 Supply-Side Analysis
188.8.131.52 Development of Efficient Communication Technologies
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Traffic Sensor Market
4.2 Traffic Senor Market, By Sensor Type, 2017 vs 2023 (USD Million)
4.3 Traffic Sensor Market, By Application and By Region
4.4 Traffic Sensor Market, By Geography
5 Market Overview
5.2 Market Dynamics
184.108.40.206 Growing Need for Real-Time Information System
220.127.116.11 Government Initiatives to Modify Transport Infrastructure
18.104.22.168 Increasing Urbanization and Population
22.214.171.124 High Cost and Fulfillment of Fundamental Requirements for the Installation of Nonintrusive Sensors
126.96.36.199 Growth in Cycling Infrastructure Leading to Higher Adoption of Bicycle Counting Sensors
188.8.131.52 Adoption of Analytics-Based Transport Solutions
184.108.40.206 Deployment of Multi-Sensor for Effective Traffic Control
6 Traffic Sensor Market, By Sensor Type
6.2 Piezoelectric Sensor
6.3 Bending Plate
6.4 Inductive Loop
6.5 Magnetic Sensor
6.6 Acoustic Sensor
6.7 Infrared Sensor
6.8 Image Sensor
6.9 Radar Sensor
6.10 LiDAR Sensor
6.11 Thermal Sensor
7 Traffic Sensor Market, By Application
7.2 Vehicle Measurement and Profiling
7.2.1 Vehicle Profiling
7.2.2 Axle Counting
7.3 Weigh in Motion
7.3.1 Weight Enforcement
7.3.2 Weight-Based Toll Collection
7.3.3 Traffic Data Collection
7.4 Traffic Monitoring
7.4.1 Vehicle Counting
7.4.2 Bicycle Counting
7.4.3 Vehicle Motion Tracking
7.5 Automated Tolling (E-Toll)
8 Geographic Analysis
8.2 North America
220.127.116.11 Growing Demand for Traffic Control and Management Projects
18.104.22.168 Government Initiatives to Implement Various Traffic Management Solutions
22.214.171.124 Deployment of Automated Toll Plaza Increasing Demand for Traffic Sensors
126.96.36.199 Focusing on the Technological Enhancement
188.8.131.52 Several Initiatives By the Government
184.108.40.206 Use of Traffic Sensors With Implementation of Surveillance Systems, and Various Traffic Control and Management Systems
220.127.116.11 Ongoing Projects for Weight Enforcement
18.104.22.168 Increasing Adoption of Traffic Sensors Due to Extensive Network of Roads
22.214.171.124 Tendency to Implement Various Traffic Solutions
8.3.7 Rest of Europe
126.96.36.199 Rapid Developments to Improve Transportation Industry
188.8.131.52 Focus on Implementation of E-Tolls
184.108.40.206 Investments By Government to Implement Various Traffic Management Solutions
8.4.4 Rest of APAC
220.127.116.11 Deployment of Various Traffic Sensors to Collect Traffic Data
8.5.1 Middle East and Africa
18.104.22.168 Government Investments Contributing to Growth of Traffic Sensor Market
8.5.2 South America
22.214.171.124 Increasing Use of Traffic Sensors for Various Applications
126.96.36.199.1 Huge Potential for Traffic Sensor-Related Projects
188.8.131.52 Rest of South America
184.108.40.206.1 Investing on Expansion of Roadways
9 Competitive Landscape
9.2 Market Ranking for Traffic Sensor Market
9.3 Competitive Leadership Mapping
9.3.1 Visionary Leaders
9.3.2 Dynamic Differentiators
9.3.4 Emerging Companies
9.4 Competitive Benchmarking
9.4.1 Strength of Product Portfolio (25 Companies)
9.4.2 Business Strategy Excellence (25 Companies)
9.5 Competitive Scenario
9.6 Recent Developments
9.6.2 Product Launches
9.6.3 Mergers & Acquisitions
10 Company Profiles
10.2 EFKON AG
10.3 Kapsch TrafficCom AG
10.5 International Road Dynamics, Inc.
10.6 Kistler Group
10.7 Flir Systems, Inc.
10.8 TE Connectivity Ltd.
10.9 SWARCO AG
10.10 Q-Free ASA
10.11 SICK AG
10.12 Axis Communications AB
10.13 Raytheon Company
10.14 Siemens AG
10.15 Key Innovators and Start-Ups
10.15.1 Sensys Network, Inc.
10.15.2 LeddarTech Inc
10.15.3 Image Sensing Systems, Inc. (ISS)
10.15.4 AGD Systems Ltd.
10.15.5 JENOPTIK AG
10.15.6 Miovision Technologies Inc.
10.15.7 Diablo Controls Inc.
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