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Global Integrated Traffic Systems Market 2019-2023 - Product Image

Global Integrated Traffic Systems Market 2019-2023

  • ID: 4787734
  • Report
  • May 2019
  • Region: Global
  • 124 pages
  • TechNavio
1h Free Analyst Time

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FEATURED COMPANIES

  • Cubic Corp.
  • FLIR Systems Inc.
  • Kapsch TrafficCom AG
  • SWARCO AG
  • MORE
Global Integrated Traffic Systems Market: About this market

Integrated smart traffic systems are used for optimizing traffic flow on roadways. The integrated traffic systems market analysis considers the adoption of solutions such as traffic monitoring system, traffic control system, and others. In 2018, the traffic monitoring system segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rapid urbanization will play a significant role in the traffic monitoring system segment to maintain its market position. Also, our global integrated traffic systems market looks at factors such as demand for effective traffic management due to the growing number of vehicles, increasing toll road expansion plans, and government initiatives for the development of intelligent transport system. However, higher setup cost and operating cost, risk of errors and security breach, and low product replacement cycle may hamper the growth of the integrated traffic systems industry over the forecast period.

Global Integrated Traffic Systems Market: Overview

Increasing toll road expansion plans

Toll roads across the world are increasingly adopting devices such as LED displays, vehicle detection sensors, speed sensors, and display board sensors to effectively monitor the passage of vehicles. Several governments across the world have announced highway expansion plans as part of their strategic development projects. For instance, the National Highway Authority of India recently awarded the toll managing rights for one of its highways to a major company for thirty years. Many such toll road expansion plans are expected to drive the growth of the global integrated traffic systems market size at a CAGR of over 8% during the forecast period.

Increasing global road traffic congestion

The rise in disposable income of people across the world has increased the sales of vehicles. The increasing number of vehicles has resulted in traffic congestion in urban areas. Several regional governments are implementing various effective techniques such as smart signaling, congestion detection, and electronic toll collection to mitigate traffic congestion. The increase in road traffic congestion across the world will have a positive impact on the growth of the market’s growth.

Competitive Landscape

With the presence of a few players, the global integrated traffic systems market is fairly fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several integrated traffic system manufacturers, that include Cubic Corp., FLIR Systems Inc., Kapsch TrafficCom AG, Sumitomo Electric Industries Ltd., and SWARCO AG.

Also, the integrated traffic systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cubic Corp.
  • FLIR Systems Inc.
  • Kapsch TrafficCom AG
  • SWARCO AG
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY SOLUTION
  • Market segmentation by solution
  • Comparison by solution
  • Traffic monitoring system - Market size and forecast 2018-2023
  • Traffic control system - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by solution
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Increasing global road traffic congestion
  • Emergence of smart cities
  • Extensive use of HDR cameras and Ethernet-based ADAS
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Cubic Corp.
  • FLIR Systems Inc.
  • Kapsch TrafficCom AG
  • Sumitomo Electric Industries Ltd.
  • SWARCO AG
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
PART 15: EXPLORE

List of Exhibits
Exhibit 01: Global information technology (IT) spending market
Exhibit 02: Segments of global information technology (IT) spending market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 08: Year-over-year growth rate of global intelligent transportation systems market 2018-2021
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Solution - Market share 2018-2023 (%)
Exhibit 19: Comparison by solution
Exhibit 20: Traffic monitoring system - Market size and forecast 2018-2023 ($ billions)
Exhibit 21: Traffic monitoring system - Year-over-year growth 2019-2023 (%)
Exhibit 22: Traffic control system - Market size and forecast 2018-2023 ($ billions)
Exhibit 23: Traffic control system - Year-over-year growth 2019-2023 (%)
Exhibit 24: Others - Market size and forecast 2018-2023 ($ billions)
Exhibit 25: Others - Year-over-year growth 2019-2023 (%)
Exhibit 26: Market opportunity by solution
Exhibit 27: Customer landscape
Exhibit 28: Market share by geography 2018-2023 (%)
Exhibit 29: Geographic comparison
Exhibit 30: North America - Market size and forecast 2018-2023 ($ billions)
Exhibit 31: North America - Year-over-year growth 2019-2023 (%)
Exhibit 32: Europe - Market size and forecast 2018-2023 ($ billions)
Exhibit 33: Motor vehicle production in Europe between 2014 and 2017 (millions of units)
Exhibit 34: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 35: APAC - Market size and forecast 2018-2023 ($ billions)
Exhibit 36: New vehicle registration in key APAC countries 2017 (millions of units)
Exhibit 37: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 38: MEA - Market size and forecast 2018-2023 ($ billions)
Exhibit 39: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 40: South America - Market size and forecast 2018-2023 ($ billions)
Exhibit 41: South America - Year-over-year growth 2019-2023 (%)
Exhibit 42: Key leading countries
Exhibit 43: Market opportunity
Exhibit 44: Year-over-year growth of global passenger vehicle market 2018-2022 (percentage)
Exhibit 45: Average setup cost and maintenance cost of integrated traffic systems in the US in 2017 (per product cost)
Exhibit 46: Impact of drivers and challenges
Exhibit 47: Vendor landscape
Exhibit 48: Landscape disruption
Exhibit 49: Vendors covered
Exhibit 50: Vendor classification
Exhibit 51: Market positioning of vendors
Exhibit 52: Cubic Corp. - Vendor overview
Exhibit 53: Cubic Corp. - Business segments
Exhibit 54: Cubic Corp. - Organizational developments
Exhibit 55: Cubic Corp. - Geographic focus
Exhibit 56: Cubic Corp. - Segment focus
Exhibit 57: Cubic Corp. - Key offerings
Exhibit 58: FLIR Systems Inc. - Vendor overview
Exhibit 59: FLIR Systems Inc. - Business segments
Exhibit 60: FLIR Systems Inc. - Organizational developments
Exhibit 61: FLIR Systems Inc. - Geographic focus
Exhibit 62: FLIR Systems Inc. - Segment focus
Exhibit 63: FLIR Systems Inc. - Key offerings
Exhibit 64: Kapsch TrafficCom AG - Vendor overview
Exhibit 65: Kapsch TrafficCom AG - Business segments
Exhibit 66: Kapsch TrafficCom AG - Organizational developments
Exhibit 67: Kapsch TrafficCom AG - Geographic focus
Exhibit 68: Kapsch TrafficCom AG - Segment focus
Exhibit 69: Kapsch TrafficCom AG - Key offerings
Exhibit 70: Sumitomo Electric Industries Ltd. - Vendor overview
Exhibit 71: Sumitomo Electric Industries Ltd. - Business segments
Exhibit 72: Sumitomo Electric Industries Ltd. - Organizational developments
Exhibit 73: Sumitomo Electric Industries Ltd. - Geographic focus
Exhibit 74: Sumitomo Electric Industries Ltd. - Segment focus
Exhibit 75: Sumitomo Electric Industries Ltd. - Key offerings
Exhibit 76: SWARCO AG - Vendor overview
Exhibit 77: SWARCO AG - Product segments
Exhibit 78: SWARCO AG - Organizational developments
Exhibit 79: SWARCO AG - Key offerings
Exhibit 80: Validation techniques employed for market sizing
Exhibit 81: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cubic Corp.
  • FLIR Systems Inc.
  • Kapsch TrafficCom AG
  • SWARCO AG
  • MORE
The following companies are recognised as the key players in the global integrated traffic systems market: include Cubic Corp., FLIR Systems Inc., Kapsch TrafficCom AG, Sumitomo Electric Industries Ltd., and SWARCO AG.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the Increasing global road traffic congestion.”

According to the report, one of the major drivers for this market is the Increasing toll road expansion plans.

Further, the report states that one of the major factors hindering the growth of this market is the higher setup costs and operating costs.

The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Cubic Corp.
  • FLIR Systems Inc.
  • Kapsch TrafficCom AG
  • Sumitomo Electric Industries Ltd.
  • SWARCO AG
Note: Product cover images may vary from those shown
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