Integrated Traffic Systems - Global Strategic Business Report

Global Integrated Traffic Systems Market to Reach $62.8 Billion by 2030

The global market for Integrated Traffic Systems estimated at US$28.8 Billion in the year 2022, is projected to reach a revised size of US$62.8 Billion by 2030, growing at a CAGR of 10.2% over the analysis period 2022-2030. Traffic Monitoring, one of the segments analyzed in the report, is projected to record 10.4% CAGR and reach US$26.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Traffic Control segment is readjusted to a revised 10.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.8 Billion, While China is Forecast to Grow at 15.7% CAGR

The Integrated Traffic Systems market in the U.S. is estimated at US$7.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$15.6 Billion by the year 2030 trailing a CAGR of 15.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 8.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR.

Select Competitors (Total 38 Featured) -

• Atkins Limited
• Cisco Systems, Inc.
• Citilog SA
• Cubic Corporation
• EFKO Management Company CJSC
• FLIR Systems
• Global Traffic Technologies, LLC (GTT)
• IMTAC LLC
• Intelvision Technologies Limited
• Iteris, Inc.
• Jenoptik AG
• Kapsch TrafficCom AG
• LG CNS
• PTV AG
• Q-Free ASA
• Savari, Inc.
• Siemens AG
• Sumitomo Electric Industries, Ltd.
• Swarco Mizar s.r.l.
• TransCore Atlantic LLC

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