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The Road Traffic market within the Automotive industry is a sector that focuses on the development of products and services related to the movement of vehicles on roads. This includes the production of cars, trucks, buses, and motorcycles, as well as the infrastructure that supports them, such as roads, bridges, and tunnels. It also includes the development of safety systems, such as airbags, seatbelts, and anti-lock brakes, as well as the development of navigation systems, such as GPS and radar. Additionally, the Road Traffic market includes the development of traffic control systems, such as traffic lights and speed cameras, as well as the development of public transportation systems, such as buses and trains.
Some of the major companies in the Road Traffic market include Toyota, Volkswagen, Ford, Honda, BMW, Mercedes-Benz, Hyundai, Nissan, General Motors, and Fiat Chrysler Automobiles. Additionally, there are many smaller companies that specialize in specific areas of the market, such as autonomous vehicle technology, electric vehicles, and connected vehicles. Show Less Read more