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Global Integrated Traffic Systems Market 2019-2025

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  • June 2019
  • Region: Global
  • Orion Market Research Private Limited
  • ID: 4803460
UP TO OFF until Dec 31st 2022
Global Integrated Traffic Systems Market Size, Share & Trends Analysis Report by Function (Traffic Control, Traffic Monitoring, and Information Provision) and Forecast, 2019-2025.

Integrated traffic systems are a combination of IT and communication with a transportation infrastructure that enhances passenger safety as well as the overall transportation process competence. It is expected that the adoption of competent transport systems will reduce the number of road accidents and time required to travel. Several economies are addressing growing concerns about traffic and are deploying new solutions that integrate communication and electronic technologies. Improved freight and customer mobility, and better access to transportation are expected to increase the deployment of integrated traffic system during the forecast period. The factors that drive the market to grow are raising concerns related to public safety, and regulatory frameworks and government policies to reduce carbon emissions. However, the lack of standardized technologies and huge capital investments are the factors that restrain the market to grow. Whereas, the increasing public-private partnership (PPP) and technological advancements are the factors that enable the market to grow in the near future.

The global integrated traffic system market is segmented on the basis of function which includes traffic control, traffic monitoring and information provisions. Increasing traffic and growing urban population have boosted the demand from travelers and governments for smooth and congestion-free travel. The use of available road infrastructure has to be optimized due to the scarcity of land. The need for traffic control systems is to optimize the use of road infrastructure by parking management and intelligent traffic lights. The traffic control segment is expected to have considerable share among other segments.

The market has been analyzed geographically among regions including North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific market is expected to have a significant market share over the forecast period due to growing urbanization and traffic management initiatives in developing economies such as India and China. It is also estimated that supporting government initiatives, such as smart city initiatives in India and China, will drive the market demand. The major players of this market are Global Traffic Technologies, LLC, IBM Corp., Kapsch Group, 3M Co., JENOPTIK AG, and Cisco Systems, Inc. among various others. among various others. In December 2018, SWARCO Group through integrated traffic system subsidiary company signed a three-year contract with City and County of San Francisco for the up-gradation of all traffic control cabinets with advanced transportation controller cabinets. Moreover, a pedestrian detector for Driving Safety Support Systems (DSSS) was launched by Sumitomo Electric Industries, Ltd. in October 2018 to reduce traffic accidents. The 24 GHz-band mm-wave radar technology is a detector that has robustness against different environmental conditions.

Research Methodology

The market study of the global integrated traffic systems market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.

Secondary sources include:

Financial reports of companies involved in the market.

Whitepapers, research-papers, and news blogs.

Company websites and their product catalog.

The report is intended for government and private companies for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation:

Global Integrated Traffic Systems Market Research and Analysis by Function

The Report Covers

Comprehensive research methodology of the global integrated traffic systems market.

This report also includes a detailed and extensive market overview with key analyst insights.

An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

Analysis of regional regulations and other government policies impacting the global integrated traffic systems market.

Insights about market determinants which are stimulating the global integrated traffic systems market.

Detailed and extensive market segments with regional distribution of forecasted revenues.

Extensive profiles and recent developments of market players.

Table of Contents

1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Kapsch Group Overview Financial Analysis SWOT Analysis Recent Developments
3.3.2. LG CNS Overview Financial Analysis SWOT Analysis Recent Developments
3.3.3. Global Traffic Technologies, LLC Overview Financial Analysis SWOT Analysis Recent Developments
3.3.4. +. Overview Financial Analysis SWOT Analysis Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Integrated Traffic Systems Market by Function
5.1.1. Traffic Control
5.1.2. Traffic Monitoring
5.1.3. Information Provisions
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. 3M Co.
7.2. Cisco Systems, Inc.
7.3. Citilog
7.4. Cubic Corp.
7.5. Econolite
7.6. FLIR Systems, Inc.
7.7. Global Traffic Technologies, LLC
7.8. IBM Corp.
7.10. Indra Sistemas, S.A
7.12. Kapsch Group
7.13. LG CNS
7.14. PTV Planung Transport Verkehr AG
7.15. Savari, Inc.
7.16. Siemens AG
7.17. SNC-Lavalin
7.19. TransCore
7.20. VaaaN Infra Pvt., Ltd.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 3M Co.
  • Cisco Systems, Inc.
  • Citilog
  • Cubic Corp.
  • Econolite
  • FLIR Systems, Inc.
  • Global Traffic Technologies, LLC
  • IBM Corp.
  • Indra Sistemas, S.A
  • Kapsch Group
  • LG CNS
  • PTV Planung Transport Verkehr AG
  • Savari, Inc.
  • Siemens AG
  • SNC-Lavalin
  • TransCore
  • VaaaN Infra Pvt., Ltd.