intelligent traffic – Piazza Duomo 2 http://piazzaduomo2.com/ Sat, 12 Mar 2022 04:50:16 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://piazzaduomo2.com/wp-content/uploads/2021/11/profile.png intelligent traffic – Piazza Duomo 2 http://piazzaduomo2.com/ 32 32 Traffic Management Systems Market 2022 | Current scenario and growth prospects 2028 https://piazzaduomo2.com/traffic-management-systems-market-2022-current-scenario-and-growth-prospects-2028/ Sat, 12 Mar 2022 04:50:16 +0000 https://piazzaduomo2.com/traffic-management-systems-market-2022-current-scenario-and-growth-prospects-2028/ In order to capitalize on this opportunity, the players operating in the market are launching new products and entering into mergers and acquisitions in order to acquire new technologies and stay competitive in the market. For example, in May 2015, IBM Corporation launched a transportation management solution for the New Jersey Turnpike Authority (NJTA). The […]]]>

In order to capitalize on this opportunity, the players operating in the market are launching new products and entering into mergers and acquisitions in order to acquire new technologies and stay competitive in the market. For example, in May 2015, IBM Corporation launched a transportation management solution for the New Jersey Turnpike Authority (NJTA). The launch aims to reduce traffic congestion and improve traffic flow by using an improved system that assimilates the Internet of Things to provide advanced analytics and predictive capabilities. Additionally, the system offers centralized management of approximately 900 devices, including drum and portable signs, variable messages, traffic cameras and hybrid displays. Other companies operating in the market are Siemens AG, Thales Group Ad, Mitsubishi Electric Corporation, Kapsch Trafficcom, Iskra, Telegra, SWARCO, and SICE, among several others.

According to the report, the global traffic management systems market is expected to grow at a CAGR of 18.2% from 2022 to 2028. The market is expected to reach a value of US$14,178.4 million in 2022 and touch a valuation of 75 228.8 US dollars. Mn by the end of 2028.

Technological Advancements to Trigger the Rate of Adoption of Traffic Management Systems

With increasing levels of traffic congestion in cities, the implementation of TMS is growing exponentially. This growing adoption has driven the development of advanced traffic management system devices as well as software offering extraordinary capabilities and greatly improved performance. For example, current TMS technologies include embedded machine learning, wireless load sensors, embedded toll management systems, weather monitoring solutions, IOT-based ITS, ITS for connected vehicles , IOT for autonomous vehicles, and many more.

Due to the many benefits of traffic management systems, governments in various countries around the world are actively engaging in the deployment of intelligent traffic management systems. This is done in order to smooth traffic flow by reducing traffic jams and pollution levels in cities, by prioritizing traffic based on real-time traffic information. For example, in July 2021, Miami-Dade County signed a US$11.1 million smart traffic contract with Econolite Control Products.

Ask an analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-6469

Under this contract, the company will install 300 new smart traffic lights that will operate on a new technology, namely the modification of the flow of vehicles. Traffic lights cover nearly 10% of all traffic lights in Miami-Dade. Growing initiatives for successful traffic management and increasing investments are expected to bode well for the global traffic management systems market in the long run.

Budgetary constraints to hinder market development

Despite all the advantages offered by traffic management systems, the restricted budgets allocated to the traffic industry remain a serious problem. Local authorities usually have limited budgets and try to reduce costs by avoiding the adoption of advanced traffic management systems. In addition, authorities in some developing and underdeveloped regions do not have sufficient budgets to implement the systems in some countries.

Moreover, the additional costs associated with the installation, repairs and maintenance of these systems will increase the overall expenses, possibly worsening the situation. Hence, budget restraints and high costs associated with advanced traffic management systems are negatively impacting the market, thereby hampering the growth of the market.

Category Traffic Management System Outlook

By Component:

  • Traffic management hardware
  • traffic management software
  • Traffic management services

Per application:

  • Urban traffic management systems
  • Adaptive traffic control systems
  • Travel time management systems
  • Incident detection and localization systems
  • Others

Per end user:

  • Railways
  • Roads
  • Air
  • Maritime

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By region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • SEA and others from APAC
  • Japan
  • China
  • Middle East and Africa (MEA)

Key Questions Answered by the Report

  • Which region is expected to show high growth in the Traffic Management Systems market?
  • What has been the CAGR of the market over the past 9 years?
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Global Integrated Traffic System Market Report 2021-2029: https://piazzaduomo2.com/global-integrated-traffic-system-market-report-2021-2029/ Thu, 10 Mar 2022 12:23:37 +0000 https://piazzaduomo2.com/global-integrated-traffic-system-market-report-2021-2029/ Dublin, March 10, 2022 (GLOBE NEWSWIRE) — The report “Integrated Traffic System Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029” has been added to from ResearchAndMarkets.com offer. Global Integrated Traffic Systems Market was valued at USD 21.98 Billion in 2020 and is projected to […]]]>

Dublin, March 10, 2022 (GLOBE NEWSWIRE) — The report “Integrated Traffic System Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029” has been added to from ResearchAndMarkets.com offer.

Global Integrated Traffic Systems Market was valued at USD 21.98 Billion in 2020 and is projected to reach USD 41.06 Billion, growing at a CAGR of 7.2% during the forecast period 2021 to 2029 .

For decades, the growing complexity of urban traffic has forced urban planners and government authorities to find smarter ways to control traffic. Government authorities are keen on traffic management solutions that improve mobility by reducing traffic jams, ensure road safety and above all limit serious damage to the environment due to increased pollution.

The systematic improvement of traffic management is one of the main solutions to meet the permanent challenge of urban dependence on transport. The integrated traffic system aims to improve the effectiveness and efficiency of the traffic system.

Traffic monitoring to dominate; Traffic control is configured for maximum growth throughout the forecast period

Based on application, the global integrated traffic system market is categorized into traffic monitoring, traffic mining, and traffic control. Traffic monitoring, being one of the most prominent applications, is dominant and is expected to register significant growth throughout the forecast period.

This is due to the information gathered through the use of traffic monitoring systems, providing benefits such as road safety, real-time traffic observation, and reduction in vehicle-related crime, among others. It helps to avoid illegal driving practices, tracking and penalization based on vehicle registration number.

The lack of advanced transport infrastructure in developed and developing economies propels the development of new and advanced technologies. In contrast, traffic control systems provide advanced solutions to improve traffic flow in urban areas.

Through optimal use of transport infrastructure, traffic control systems such as advanced traffic light controllers and parking systems, among others, enable more efficient use of mobility networks, improved road safety and a reduced environmental impact. Thanks to these factors, the growth of the integrated traffic systems market is enhanced.

Europe dominates followed by North America; Asia Pacific is expected to register the highest growth over the forecast period

In 2021, Europe was the region contributing the highest value to the global integrated traffic system market, behind North America. Europe is expected to grow steadily over the forecast period of 2021 to 2029.

This is due to the presence of advanced infrastructure and early adoption of the technology in countries like Germany, UK, among others. On the other hand, the Asia-Pacific region is expected to register the fastest growth over the forecast period due to the large investments made by several organizations including rapid urbanization.

The demand for integrated traffic systems in Asia-Pacific is driven by the growing emphasis on safety and the emphasis on an emission-free environment in developing countries such as China and India.

Some of the major manufacturers featured in the study include

  • Sumitomo Electrical Industries
  • Citilog SA
  • cubic society
  • Siemens
  • EFKON India pvt. ltd.
  • Imtac LLC
  • Intelvision Technologies Ltd.
  • Iteris Inc.
  • Nuance Communications Inc.
  • Savari inc.
  • Thales Group SA
  • TransCore LP
  • Sarco Holding

Main topics covered:

1. Preface
1.1. Report scope and description
1.2. Research Methodology

2. Executive Summary
2.1. Global ITS Market Overview
2.2. Global ITS Market, By Offerings, 2020 (USD Billion)
2.3. Global ITS Market, by Application, 2020 (USD Billion)
2.4. Global ITS Market, By Component, 2020 (USD Billion)
2.5. Global ITS Market, By Geography, 2020 (USD Billion)

3. Global ITS Market Analysis
3.1. Global ITS Market Overview
3.2. Market Tilt Overview
3.2.1. Recent trends
3.2.2. Future prospects
3.3. Market dynamics
3.3.1. Market factors
3.3.2. Market challenges
3.4. Attractive investment proposition, by geography, 2020
3.5. Competitive landscape
3.5.1. Market positioning of major manufacturers
3.5.2. Main strategies adopted

4. Global Integrated Traffic Systems (ITS) Market Value, By Offerings, 2019-2029 (USD Billion)
4.1. Comparative analysis
4.1.1. Market value of ITS, by offers, 2019 and 2029 (value %)
4.2. Services
4.3. Solutions

5. Global Integrated Traffic Systems (ITS) Market Value, by Application, 2019-2029 (USD Billion)
5.1. Comparative analysis
5.1.1. Market value of ITS, by application, 2019 and 2029 (value %)
5.2. Traffic monitoring
5.3. traffic operation
5.4. traffic control

6. Global Integrated Traffic Systems (ITS) Market Value, by Component, 2019-2029 (USD Billion)
6.1. Comparative analysis
6.1.1. Market value of ITS, by component, 2019 and 2029 (value %)
6.2. Sensors
6.3. Video vehicle detection
6.4. Billboard
6.5. Surveillance camera
6.6. Radar
6.7. Others (interface boards, intelligent traffic lights)

7. North America Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)
7.1. North America ITS Market Value, By Offerings, 2019 – 2029 (USD Billion)
7.1.1. Services
7.1.2. Solutions
7.2. North America ITS Market Value, By Application, 2019 – 2029 (USD Billion)
7.2.1. Traffic monitoring
7.2.2. traffic operation
7.2.3. traffic control
7.3. North America ITS Market Value, By Component, 2019 – 2029 (USD Billion)
7.3.1. Sensors
7.3.2. Video vehicle detection
7.3.3. Billboard
7.3.4. Surveillance camera
7.3.5. Radar
7.3.6. Others (interface boards, intelligent traffic lights)
7.4. North America ITS Market Value, by Country, 2019 – 2029 (USD Billion)
7.4.1. we
7.4.1.1. US ITS Market Value, By Offerings, 2019 – 2029 (USD Billion)
7.4.1.2. ITS Market Value in United States, by Application, 2019 – 2029 (USD Billion)
7.4.1.3. Market value of ITS in the United States, by component, 2019 – 2029 (USD Billion)
7.4.2. Rest of North America
7.4.2.1. Rest of North America ITS Market Value, by Offerings, 2019 – 2029 (USD Billion)
7.4.2.2. Rest of North America ITS market value, by application, 2019 – 2029 (USD Billion)
7.4.2.3. Rest of North America ITS Market Value, by Component, 2019 – 2029 (USD Billion)

8. Europe Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

9. Asia-Pacific Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

10. Rest of the World Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

11. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/bzypcu

        
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Global Integrated Traffic System Market Report 2021-2029: Europe Dominates, Followed by North America and Asia-Pacific Expected to Record Highest Growth https://piazzaduomo2.com/global-integrated-traffic-system-market-report-2021-2029-europe-dominates-followed-by-north-america-and-asia-pacific-expected-to-record-highest-growth/ Thu, 10 Mar 2022 12:23:32 +0000 https://piazzaduomo2.com/global-integrated-traffic-system-market-report-2021-2029-europe-dominates-followed-by-north-america-and-asia-pacific-expected-to-record-highest-growth/ Dublin, March 10, 2022 (GLOBE NEWSWIRE) — The report “Integrated Traffic System Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029” has been added to from ResearchAndMarkets.com offer. Global Integrated Traffic Systems Market was valued at USD 21.98 Billion in 2020 and is projected to […]]]>

Dublin, March 10, 2022 (GLOBE NEWSWIRE) — The report “Integrated Traffic System Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029” has been added to from ResearchAndMarkets.com offer.

Global Integrated Traffic Systems Market was valued at USD 21.98 Billion in 2020 and is projected to reach USD 41.06 Billion, growing at a CAGR of 7.2% during the forecast period 2021 to 2029 .

For decades, the growing complexity of urban traffic has forced urban planners and government authorities to find smarter ways to control traffic. Government authorities are keen on traffic management solutions that improve mobility by reducing traffic jams, ensure road safety and above all limit serious damage to the environment due to increased pollution.

The systematic improvement of traffic management is one of the main solutions to meet the permanent challenge of urban dependence on transport. The integrated traffic system aims to improve the effectiveness and efficiency of the traffic system.

Traffic monitoring to dominate; Traffic control is configured for maximum growth throughout the forecast period

Based on application, the global integrated traffic system market is categorized into traffic monitoring, traffic mining, and traffic control. Traffic monitoring, being one of the most important applications, is dominant and is expected to register significant growth throughout the forecast period.

This is due to the information gathered through the use of traffic monitoring systems, providing benefits such as road safety, real-time traffic observation, and reduction in vehicle-related crime, among others. It helps to avoid illegal driving practices, tracking and penalization based on vehicle registration number.

The lack of advanced transport infrastructure in developed and developing economies propels the development of new and advanced technologies. In contrast, traffic control systems provide advanced solutions to improve traffic flow in urban areas.

Through optimal use of transport infrastructure, traffic control systems such as advanced traffic light controllers and parking systems, among others, enable more efficient use of mobility networks, improved road safety and a reduced environmental impact. Thanks to these factors, the growth of the integrated traffic systems market is enhanced.

Europe dominates followed by North America; Asia Pacific is expected to register the highest growth over the forecast period

In 2021, Europe was the region contributing the highest value to the global integrated traffic system market, behind North America. Europe is expected to grow steadily over the forecast period of 2021 to 2029.

This is due to the presence of advanced infrastructure and early adoption of the technology in countries like Germany, UK, among others. On the other hand, the Asia-Pacific region is expected to register the fastest growth over the forecast period due to the large investments made by several organizations including rapid urbanization.

The demand for integrated traffic systems in Asia-Pacific is driven by the growing emphasis on safety and the emphasis on an emission-free environment in developing countries such as China and India.

Some of the major manufacturers featured in the study include

  • Sumitomo Electrical Industries
  • Citilog SA
  • cubic society
  • Siemens
  • EFKON India pvt. ltd.
  • Imtac LLC
  • Intelvision Technologies Ltd.
  • Iteris Inc.
  • Nuance Communications Inc.
  • Savari inc.
  • Thales Group SA
  • TransCore LP
  • Sarco Holding

Main topics covered:

1. Preface
1.1. Report scope and description
1.2. Research Methodology

2. Executive Summary
2.1. Global ITS Market Overview
2.2. Global ITS Market, By Offerings, 2020 (USD Billion)
2.3. Global ITS Market, by Application, 2020 (USD Billion)
2.4. Global ITS Market, By Component, 2020 (USD Billion)
2.5. Global ITS Market, By Geography, 2020 (USD Billion)

3. Global ITS Market Analysis
3.1. Global ITS Market Overview
3.2. Market Tilt Overview
3.2.1. Recent trends
3.2.2. Future prospects
3.3. Market dynamics
3.3.1. Market factors
3.3.2. Market challenges
3.4. Attractive investment proposition, by geography, 2020
3.5. Competitive landscape
3.5.1. Market positioning of major manufacturers
3.5.2. Main strategies adopted

4. Global Integrated Traffic Systems (ITS) Market Value, By Offerings, 2019-2029 (USD Billion)
4.1. Comparative analysis
4.1.1. Market value of ITS, by offers, 2019 and 2029 (value %)
4.2. Services
4.3. Solutions

5. Global Integrated Traffic Systems (ITS) Market Value, by Application, 2019-2029 (USD Billion)
5.1. Comparative analysis
5.1.1. Market value of ITS, by application, 2019 and 2029 (value %)
5.2. Traffic monitoring
5.3. traffic operation
5.4. traffic control

6. Global Integrated Traffic Systems (ITS) Market Value, by Component, 2019-2029 (USD Billion)
6.1. Comparative analysis
6.1.1. Market value of ITS, by component, 2019 and 2029 (value %)
6.2. Sensors
6.3. Video vehicle detection
6.4. Billboard
6.5. Surveillance camera
6.6. Radar
6.7. Others (interface boards, intelligent traffic lights)

7. North America Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)
7.1. North America ITS Market Value, By Offerings, 2019 – 2029 (USD Billion)
7.1.1. Services
7.1.2. Solutions
7.2. North America ITS Market Value, By Application, 2019 – 2029 (USD Billion)
7.2.1. Traffic monitoring
7.2.2. traffic operation
7.2.3. traffic control
7.3. North America ITS Market Value, By Component, 2019 – 2029 (USD Billion)
7.3.1. Sensors
7.3.2. Video vehicle detection
7.3.3. Billboard
7.3.4. Surveillance camera
7.3.5. Radar
7.3.6. Others (interface boards, intelligent traffic lights)
7.4. North America ITS Market Value, by Country, 2019 – 2029 (USD Billion)
7.4.1. we
7.4.1.1. US ITS Market Value, By Offerings, 2019 – 2029 (USD Billion)
7.4.1.2. ITS Market Value in United States, by Application, 2019 – 2029 (USD Billion)
7.4.1.3. Market value of ITS in the United States, by component, 2019 – 2029 (USD Billion)
7.4.2. Rest of North America
7.4.2.1. Rest of North America ITS Market Value, by Offerings, 2019 – 2029 (USD Billion)
7.4.2.2. Rest of North America ITS market value, by application, 2019 – 2029 (USD Billion)
7.4.2.3. Rest of North America ITS Market Value, by Component, 2019 – 2029 (USD Billion)

8. Europe Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

9. Asia-Pacific Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

10. Rest of the World Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

11. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/bzypcu

CONTACT: ResearchAndMarkets.com
         Laura Wood, Senior Press Manager
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900

main logo

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Global Intelligent Traffic Management Systems Market Report 2022 with Key Players Siemens, Thales Group and TomTom among others https://piazzaduomo2.com/global-intelligent-traffic-management-systems-market-report-2022-with-key-players-siemens-thales-group-and-tomtom-among-others/ Thu, 10 Mar 2022 10:53:00 +0000 https://piazzaduomo2.com/global-intelligent-traffic-management-systems-market-report-2022-with-key-players-siemens-thales-group-and-tomtom-among-others/ company logo Global Intelligent Traffic Management System Market Global Intelligent Traffic Management System Market Dublin, March 10, 2022 (GLOBE NEWSWIRE) — The “Intelligent Traffic Management System Market Size, Share and Trend Analysis Report by Solution (Integrated Corridor Management, Traffic Light Control System) Circulation), by Region and Segment Forecast, 2022-2030″ report has been added to from […]]]>

company logo

Global Intelligent Traffic Management System Market

Global Intelligent Traffic Management System Market

Global Intelligent Traffic Management System Market

Dublin, March 10, 2022 (GLOBE NEWSWIRE) — The “Intelligent Traffic Management System Market Size, Share and Trend Analysis Report by Solution (Integrated Corridor Management, Traffic Light Control System) Circulation), by Region and Segment Forecast, 2022-2030″ report has been added to from ResearchAndMarkets.com offer.

The global intelligent traffic management systems market size is projected to reach USD 27.92 billion by 2030 and grow at a significant CAGR of 13.1% from 2022 to 2030.

Improving the efficiency of mobility and road transport, the need to reshape transport networks due to the increase in urban population and rapid industrialization are some of the factors that are expected to drive the growth of the market. These systems reduce congestion, eliminate delays and send accurate information to commuters and traffic planners. Additionally, government initiatives to implement smart cities with improved road networks are expected to have a positive impact on growth.

Road congestion is one of the main causes of air pollution. The implementation of intelligent traffic systems facilitates traffic monitoring, thereby reducing harmful emissions, which is expected to have a positive impact on the growth of the market. With the growing development of smart cities, rapid urbanization and increasing population in developing countries, the demand for smart traffic solutions is expected to grow exponentially. Moreover, the rapid adoption of the fourth industrial revolution is expected to drive the growth of smart cities, subsequently fueling the demand for intelligent traffic management systems.

However, the lack of standards and technological uniformity and security issues associated with traffic management systems are expected to negatively impact the growth of the market. To mitigate these incidents, the United Nations Economic Commission for Europe (UNECE) helps manage road safety legal instruments.

Various aspects such as road infrastructure, traffic management, road signs and signals are negotiated with member countries and made legally binding.

A market for intelligent traffic management systems (ITMS) has the potential to help reduce road accidents and improve safety. Several countries including the United States and China are investing heavily in ITMS solutions, which is expected to bode well for the growth of the market over the forecast period.

Intelligent Traffic Management System Market Report Highlights

  • The integrated corridor management segment is expected to witness a considerable CAGR of 13.9% during the forecast period. The market is gradually adopting advanced technologies that integrate and coordinate traffic flows. Additionally, through institutional collaboration and the proactive and aggressive integration of existing infrastructure along the main corridors, several people are expected to help manage the integrated corridors and improve traffic management.

  • The traffic light control system segment is expected to register a considerable CAGR during the forecast period. Availability of highly reliable and inexpensive sensors, data storage facilities, and computing and networking infrastructure are some of the factors expected to fuel the growth of the segment in the coming years.

  • Asia-Pacific is expected to grow at a CAGR of 16.9% from 2022 to 2030, driven by rapid urbanization, growing awareness of smart systems, and population growth. Rising disposable income in countries like China, Japan, and India is expected to increase the purchase of four-wheelers. This is expected to drive demand for traffic management solutions to address traffic congestion issues

Main topics covered:

Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Scope of research and assumptions
1.3 Analysis of information
1.4 Market Formulation and Data Visualization
1.5 Data validation and publication
1.6 List of abbreviations

Chapter 2 Executive Summary
2.1 Intelligent Traffic Management System Market – Industry Overview and Key Buying Criteria, 2017-2030
2.2 Global Intelligent Traffic Management System Market, 2017 – 2030

Chapter 3 Intelligent Traffic Management System Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Intelligent Traffic Management System Market – Value Chain Analysis
3.4 Intelligent Traffic Management System Market Dynamics
3.4 Intelligent Traffic Management System Market – COVID-19 Impact Analysis
3.5 Mapping penetration and growth prospects
3.6 Market analysis tools

Chapter 4 Solution Outlook of Intelligent Traffic Management System
4.1 Intelligent Traffic Management System Market: By Solution Segment, Outlook and Market Share 2020 & 2030
4.2 Traffic monitoring system
4.3 Traffic light control system
4.4 Traffic Control Camera
4.5 Integrated Corridor Management
4.6 Intelligent driver information system
4.7 Others

Chapter 5 Regional Outlook of Intelligent Traffic Management System
5.1 Intelligent Traffic Management System Market Share by Region, 2021
5.2 North America
5.3 Europe
5.4 Asia-Pacific
5.5 Central and South America
5.6 AME

Chapter 6 Competitive Analysis
6.1 Global Key Players, Recent Developments and Their Impact on the Industry
6.2 Company categorization
6.3 Vendor landscape

Chapter 7 Competitive Landscape

Companies cited

For more information on this report visit https://www.researchandmarkets.com/r/bfoock

Attachment

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
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Global Integrated Traffic System Market Report 2021: A $41.06 Billion Industry – Size, Market Share, Applications, Growth Trends, Key Players, Competitive Strategies, 2019-2029 https://piazzaduomo2.com/global-integrated-traffic-system-market-report-2021-a-41-06-billion-industry-size-market-share-applications-growth-trends-key-players-competitive-strategies-2019-2029/ Wed, 09 Mar 2022 10:20:00 +0000 https://piazzaduomo2.com/global-integrated-traffic-system-market-report-2021-a-41-06-billion-industry-size-market-share-applications-growth-trends-key-players-competitive-strategies-2019-2029/ DUBLIN, March 09, 2022–(BUSINESS WIRE)–The report “Integrated Traffic System Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029” has been added. at from ResearchAndMarkets.com offer. Global Integrated Traffic Systems Market was valued at USD 21.98 Billion in 2020 and is projected to reach USD 41.06 […]]]>

DUBLIN, March 09, 2022–(BUSINESS WIRE)–The report “Integrated Traffic System Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029” has been added. at from ResearchAndMarkets.com offer.

Global Integrated Traffic Systems Market was valued at USD 21.98 Billion in 2020 and is projected to reach USD 41.06 Billion, growing at a CAGR of 7.2% during the forecast period 2021 to 2029 .

For decades, the growing complexity of urban traffic has forced urban planners and government authorities to find smarter ways to control traffic. Government authorities are keen on traffic management solutions that improve mobility by reducing traffic jams, ensure road safety and above all limit serious damage to the environment due to increased pollution.

The systematic improvement of traffic management is one of the main solutions to meet the permanent challenge of urban dependence on transport. The integrated traffic system aims to improve the effectiveness and efficiency of the traffic system.

Traffic monitoring to dominate; Traffic control is configured for maximum growth throughout the forecast period

Based on application, the global integrated traffic system market is categorized into traffic monitoring, traffic mining, and traffic control. Traffic monitoring, being one of the most important applications, is dominant and is expected to register significant growth throughout the forecast period.

This is due to the information gathered through the use of traffic monitoring systems, providing benefits such as road safety, real-time traffic observation, and reduction in vehicle-related crime, among others. It helps to avoid illegal driving practices, tracking and penalization based on vehicle registration number.

The lack of advanced transport infrastructure in developed and developing economies propels the development of new and advanced technologies. In contrast, traffic control systems provide advanced solutions to improve traffic flow in urban areas.

Through optimal use of transport infrastructure, traffic control systems such as advanced traffic light controllers and parking systems, among others, enable more efficient use of mobility networks, improved road safety and a reduced environmental impact. Thanks to these factors, the growth of the integrated traffic systems market is enhanced.

Europe dominates followed by North America; Asia Pacific is expected to register the highest growth over the forecast period

In 2021, Europe was the region contributing the highest value to the global integrated traffic system market, behind North America. Europe is expected to grow steadily over the forecast period of 2021 to 2029.

This is due to the presence of advanced infrastructure and early adoption of the technology in countries like Germany, UK, among others. On the other hand, the Asia-Pacific region is expected to register the fastest growth over the forecast period due to the large investments made by several organizations including rapid urbanization.

The demand for integrated traffic systems in Asia-Pacific is driven by the growing emphasis on safety and the emphasis on an emission-free environment in developing countries such as China and India.

Some of the major manufacturers featured in the study include

  • Sumitomo Electrical Industries

  • Citilog SA

  • cubic society

  • Siemens

  • EFKON India pvt. ltd.

  • Imtac LLC

  • Intelvision Technologies Ltd.

  • Iteris Inc.

  • Nuance Communications Inc.

  • Savari inc.

  • Thales Group SA

  • TransCore LP

  • Sarco Holding

Main topics covered:

1. Preface

1.1. Report scope and description

1.2. Research Methodology

2. Executive Summary

2.1. Global ITS Market Overview

2.2. Global ITS Market, By Offerings, 2020 (USD Billion)

2.3. Global ITS Market, by Application, 2020 (USD Billion)

2.4. Global ITS Market, By Component, 2020 (USD Billion)

2.5. Global ITS Market, By Geography, 2020 (USD Billion)

3. Global ITS Market Analysis

3.1. Global ITS Market Overview

3.2. Market Tilt Overview

3.2.1. Recent trends

3.2.2. Future prospects

3.3. Market dynamics

3.3.1. Market factors

3.3.2. Market challenges

3.4. Attractive investment proposition, by geography, 2020

3.5. Competitive landscape

3.5.1. Market positioning of major manufacturers

3.5.2. Main strategies adopted

4. Global Integrated Traffic Systems (ITS) Market Value, By Offerings, 2019-2029 (USD Billion)

4.1. Comparative analysis

4.1.1. Market value of ITS, by offers, 2019 and 2029 (value %)

4.2. Services

4.3. Solutions

5. Global Integrated Traffic Systems (ITS) Market Value, by Application, 2019-2029 (USD Billion)

5.1. Comparative analysis

5.1.1. Market value of ITS, by application, 2019 and 2029 (value %)

5.2. Traffic monitoring

5.3. traffic operation

5.4. traffic control

6. Global Integrated Traffic Systems (ITS) Market Value, by Component, 2019-2029 (USD Billion)

6.1. Comparative analysis

6.1.1. Market value of ITS, by component, 2019 and 2029 (value %)

6.2. Sensors

6.3. Video vehicle detection

6.4. Billboard

6.5. Surveillance camera

6.6. Radar

6.7. Others (interface boards, intelligent traffic lights)

7. North America Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

7.1. North America ITS Market Value, By Offerings, 2019 – 2029 (USD Billion)

7.1.1. Services

7.1.2. Solutions

7.2. North America ITS Market Value, by Application, 2019-2029 (USD Billion)

7.2.1. Traffic monitoring

7.2.2. traffic operation

7.2.3. traffic control

7.3. North America ITS Market Value, By Component, 2019 – 2029 (USD Billion)

7.3.1. Sensors

7.3.2. Video vehicle detection

7.3.3. Billboard

7.3.4. Surveillance camera

7.3.5. Radar

7.3.6. Others (interface boards, intelligent traffic lights)

7.4. North America ITS Market Value, by Country, 2019 – 2029 (USD Billion)

7.4.1. we

7.4.1.1. US ITS Market Value, By Offerings, 2019 – 2029 (USD Billion)

7.4.1.2. ITS Market Value in United States, by Application, 2019 – 2029 (USD Billion)

7.4.1.3. Market value of ITS in the United States, by component, 2019 – 2029 (USD Billion)

7.4.2. Rest of North America

7.4.2.1. Rest of North America ITS Market Value, by Offerings, 2019 – 2029 (USD Billion)

7.4.2.2. Rest of North America ITS Market Value, by Application, 2019-2029 (USD Billion)

7.4.2.3. Rest of North America ITS Market Value, by Component, 2019 – 2029 (USD Billion)

8. Europe Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

9. Asia-Pacific Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

10. Rest of the World Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

11. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/aembgn

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220309005521/en/

contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Officer
press@researchandmarkets.com

For EST business hours, call 1-917-300-0470
For US/CAN call toll free 1-800-526-8630
For GMT office hours call +353-1-416-8900

]]>
Global Integrated Traffic System Market Report 2021: A $41.06 Billion Industry https://piazzaduomo2.com/global-integrated-traffic-system-market-report-2021-a-41-06-billion-industry/ Tue, 08 Mar 2022 17:20:00 +0000 https://piazzaduomo2.com/global-integrated-traffic-system-market-report-2021-a-41-06-billion-industry/ DUBLIN–(BUSINESS WIRE)–The report “Integrated Traffic System Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029” has been added to from ResearchAndMarkets.com offer. Global Integrated Traffic Systems Market was valued at USD 21.98 Billion in 2020 and is projected to reach USD 41.06 Billion, growing at […]]]>

DUBLIN–(BUSINESS WIRE)–The report “Integrated Traffic System Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029” has been added to from ResearchAndMarkets.com offer.

Global Integrated Traffic Systems Market was valued at USD 21.98 Billion in 2020 and is projected to reach USD 41.06 Billion, growing at a CAGR of 7.2% during the forecast period 2021 to 2029 .

For decades, the growing complexity of urban traffic has forced urban planners and government authorities to find smarter ways to control traffic. Government authorities are keen on traffic management solutions that improve mobility by reducing traffic jams, ensure road safety and above all limit serious damage to the environment due to increased pollution.

The systematic improvement of traffic management is one of the main solutions to meet the permanent challenge of urban dependence on transport. The integrated traffic system aims to improve the effectiveness and efficiency of the traffic system.

Traffic monitoring to dominate; Traffic control is configured for maximum growth throughout the forecast period

Based on application, the global integrated traffic system market is categorized into traffic monitoring, traffic mining, and traffic control. Traffic monitoring, being one of the most important applications, is dominant and is expected to register significant growth throughout the forecast period.

This is due to the information gathered through the use of traffic monitoring systems, providing benefits such as road safety, real-time traffic observation, and reduction in vehicle-related crime, among others. It helps to avoid illegal driving practices, tracking and penalization based on vehicle registration number.

The lack of advanced transport infrastructure in developed and developing economies propels the development of new and advanced technologies. In contrast, traffic control systems provide advanced solutions to improve traffic flow in urban areas.

Through optimal use of transport infrastructure, traffic control systems such as advanced traffic light controllers and parking systems, among others, enable more efficient use of mobility networks, improved road safety and a reduced environmental impact. Thanks to these factors, the growth of the integrated traffic systems market is enhanced.

Europe dominates followed by North America; Asia Pacific is expected to register the highest growth over the forecast period

In 2021, Europe was the region contributing the highest value to the global integrated traffic system market, behind North America. Europe is expected to grow steadily over the forecast period of 2021 to 2029.

This is due to the presence of advanced infrastructure and early adoption of the technology in countries like Germany, UK, among others. On the other hand, the Asia-Pacific region is expected to register the fastest growth over the forecast period due to the large investments made by several organizations including rapid urbanization.

The demand for integrated traffic systems in Asia-Pacific is driven by the growing emphasis on safety and the emphasis on an emission-free environment in developing countries such as China and India.

Some of the major manufacturers featured in the study include

  • Sumitomo Electrical Industries

  • Citilog SA

  • cubic society

  • Siemens

  • EFKON India pvt. ltd.

  • Imtac LLC

  • Intelvision Technologies Ltd.

  • Iteris Inc.

  • Nuance Communications Inc.

  • Savari inc.

  • Thales Group SA

  • TransCore LP

  • Sarco Holding

Main topics covered:

1. Preface

1.1. Report scope and description

1.2. Research Methodology

2. Executive Summary

2.1. Global ITS Market Overview

2.2. Global ITS Market, By Offerings, 2020 (USD Billion)

2.3. Global ITS Market, by Application, 2020 (USD Billion)

2.4. Global ITS Market, By Component, 2020 (USD Billion)

2.5. Global ITS Market, By Geography, 2020 (USD Billion)

3. Global ITS Market Analysis

3.1. Global ITS Market Overview

3.2. Market Tilt Overview

3.2.1. Recent trends

3.2.2. Future prospects

3.3. Market dynamics

3.3.1. Market factors

3.3.2. Market challenges

3.4. Attractive investment proposition, by geography, 2020

3.5. Competitive landscape

3.5.1. Market positioning of major manufacturers

3.5.2. Main strategies adopted

4. Global Integrated Traffic Systems (ITS) Market Value, By Offerings, 2019-2029 (USD Billion)

4.1. Comparative analysis

4.1.1. Market value of ITS, by offers, 2019 and 2029 (value %)

4.2. Services

4.3. Solutions

5. Global Integrated Traffic Systems (ITS) Market Value, by Application, 2019-2029 (USD Billion)

5.1. Comparative analysis

5.1.1. Market value of ITS, by application, 2019 and 2029 (value %)

5.2. Traffic monitoring

5.3. traffic operation

5.4. traffic control

6. Global Integrated Traffic Systems (ITS) Market Value, by Component, 2019-2029 (USD Billion)

6.1. Comparative analysis

6.1.1. Market value of ITS, by component, 2019 and 2029 (value %)

6.2. Sensors

6.3. Video vehicle detection

6.4. Billboard

6.5. Surveillance camera

6.6. Radar

6.7. Others (interface boards, intelligent traffic lights)

7. North America Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

7.1. North America ITS Market Value, By Offerings, 2019 – 2029 (USD Billion)

7.1.1. Services

7.1.2. Solutions

7.2. North America ITS Market Value, by Application, 2019-2029 (USD Billion)

7.2.1. Traffic monitoring

7.2.2. traffic operation

7.2.3. traffic control

7.3. North America ITS Market Value, By Component, 2019 – 2029 (USD Billion)

7.3.1. Sensors

7.3.2. Video vehicle detection

7.3.3. Billboard

7.3.4. Surveillance camera

7.3.5. Radar

7.3.6. Others (interface boards, intelligent traffic lights)

7.4. North America ITS Market Value, by Country, 2019 – 2029 (USD Billion)

7.4.1. we

7.4.1.1. US ITS Market Value, By Offerings, 2019 – 2029 (USD Billion)

7.4.1.2. ITS Market Value in United States, by Application, 2019 – 2029 (USD Billion)

7.4.1.3. Market value of ITS in the United States, by component, 2019 – 2029 (USD Billion)

7.4.2. Rest of North America

7.4.2.1. Rest of North America ITS Market Value, by Offerings, 2019 – 2029 (USD Billion)

7.4.2.2. Rest of North America ITS Market Value, by Application, 2019-2029 (USD Billion)

7.4.2.3. Rest of North America ITS Market Value, by Component, 2019 – 2029 (USD Billion)

8. Europe Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

9. Asia-Pacific Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

10. Rest of the World Integrated Traffic Systems (ITS) Market Analysis, 2019-2029 (USD Billion)

11. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/aembgn

contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Officer

press@researchandmarkets.com

For EST business hours, call 1-917-300-0470

For US/CAN call toll free 1-800-526-8630

For GMT office hours call +353-1-416-8900

Copyright © acrofan/Business Wire All Rights Reserved

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Global Intelligent Traffic Management Systems Market Expected to Reach $27.92 Billion in Revenue by 2030 – ResearchAndMarkets.com https://piazzaduomo2.com/global-intelligent-traffic-management-systems-market-expected-to-reach-27-92-billion-in-revenue-by-2030-researchandmarkets-com/ Mon, 07 Mar 2022 10:36:00 +0000 https://piazzaduomo2.com/global-intelligent-traffic-management-systems-market-expected-to-reach-27-92-billion-in-revenue-by-2030-researchandmarkets-com/ DUBLIN–(BUSINESS WIRE)–The report “Analysis of Intelligent Traffic Management System Market Size, Share and Trends by Solution (Integrated Corridor Management, Traffic Light Control System), by Region and Segment Forecast, 2022-2030” has been added to from ResearchAndMarkets.com offer. The global intelligent traffic management systems market size is projected to reach USD 27.92 billion by 2030 and grow […]]]>

DUBLIN–(BUSINESS WIRE)–The report “Analysis of Intelligent Traffic Management System Market Size, Share and Trends by Solution (Integrated Corridor Management, Traffic Light Control System), by Region and Segment Forecast, 2022-2030” has been added to from ResearchAndMarkets.com offer.

The global intelligent traffic management systems market size is projected to reach USD 27.92 billion by 2030 and grow at a significant CAGR of 13.1% from 2022 to 2030.

Improving the efficiency of mobility and road transport, the need to reshape transport networks due to the increase in urban population and rapid industrialization are some of the factors that are expected to drive the growth of the market. These systems reduce congestion, eliminate delays and send accurate information to commuters and traffic planners. Additionally, government initiatives to implement smart cities with improved road networks are expected to have a positive impact on growth.

Road congestion is one of the main causes of air pollution. The implementation of intelligent traffic systems facilitates traffic monitoring, thereby reducing harmful emissions, which is expected to have a positive impact on the growth of the market. With the growing development of smart cities, rapid urbanization and increasing population in developing countries, the demand for smart traffic solutions is expected to grow exponentially. Moreover, the rapid adoption of the fourth industrial revolution is expected to drive the growth of smart cities, subsequently fueling the demand for intelligent traffic management systems.

However, the lack of standards and technological uniformity and security issues associated with traffic management systems are expected to negatively impact the growth of the market. To mitigate these incidents, the United Nations Economic Commission for Europe (UNECE) helps manage road safety legal instruments.

Various aspects such as road infrastructure, traffic management, road signs and signals are negotiated with member countries and made legally binding.

A market for intelligent traffic management systems (ITMS) has the potential to help reduce road accidents and improve safety. Several countries including the United States and China are investing heavily in ITMS solutions, which is expected to bode well for the growth of the market over the forecast period.

Intelligent Traffic Management System Market Report Highlights

  • The integrated corridor management segment is expected to witness a considerable CAGR of 13.9% during the forecast period. The market is gradually adopting advanced technologies that integrate and coordinate traffic flows. Additionally, through institutional collaboration and the proactive and aggressive integration of existing infrastructure along the main corridors, several people are expected to help manage the integrated corridors and improve traffic management.

  • The traffic light control system segment is expected to register a considerable CAGR during the forecast period. Availability of highly reliable and inexpensive sensors, data storage facilities, and computing and networking infrastructure are some of the factors expected to fuel the growth of the segment in the coming years.

  • Asia-Pacific is expected to grow at a CAGR of 16.9% from 2022 to 2030, driven by rapid urbanization, growing awareness of smart systems, and population growth. Rising disposable income in countries like China, Japan, and India is expected to increase the purchase of four-wheelers. This is expected to drive demand for traffic management solutions to address traffic congestion issues

Main topics covered:

Chapter 1 Methodology and Scope

1.1 Research methodology

1.2 Scope of research and assumptions

1.3 Analysis of information

1.4 Market Formulation and Data Visualization

1.5 Data validation and publication

1.6 List of abbreviations

Chapter 2 Executive Summary

2.1 Intelligent Traffic Management System Market – Industry Overview and Key Buying Criteria, 2017-2030

2.2 Global Intelligent Traffic Management System Market, 2017 – 2030

Chapter 3 Intelligent Traffic Management System Industry Outlook

3.1 Market Segmentation and Scope

3.2 Market Size and Growth Prospects

3.3 Intelligent Traffic Management System Market – Value Chain Analysis

3.4 Intelligent Traffic Management System Market Dynamics

3.4 Intelligent Traffic Management System Market – COVID-19 Impact Analysis

3.5 Mapping penetration and growth prospects

3.6 Market analysis tools

Chapter 4 Solution Outlook of Intelligent Traffic Management System

4.1 Intelligent Traffic Management System Market: By Solution Segment, Outlook and Market Share 2020 & 2030

4.2 Traffic monitoring system

4.3 Traffic light control system

4.4 Traffic Control Camera

4.5 Integrated Corridor Management

4.6 Intelligent driver information system

4.7 Others

Chapter 5 Regional Outlook of Intelligent Traffic Management System

5.1 Intelligent Traffic Management System Market Share by Region, 2021

5.2 North America

5.3 Europe

5.4 Asia-Pacific

5.5 Central and South America

5.6 AME

Chapter 6 Competitive Analysis

6.1 Global Key Players, Recent Developments and Their Impact on the Industry

6.2 Company categorization

6.3 Vendor landscape

Chapter 7 Competitive Landscape

Companies cited

  • cubic society

  • SNC-Lavalin Group (Atkins)

  • Thales Group

  • International Commercial Machinery Society

  • General electricity company

  • Siemens AG

  • Kapsch TrafficCom

  • TomTom International B.V.

  • ASA without Q

  • TransCore

For more information about this report visit https://www.researchandmarkets.com/r/9ucagd

]]>
Global Intelligent Traffic Management Systems Market Expected to Reach $27.92 Billion in Revenue by 2030 https://piazzaduomo2.com/global-intelligent-traffic-management-systems-market-expected-to-reach-27-92-billion-in-revenue-by-2030/ Mon, 07 Mar 2022 10:36:00 +0000 https://piazzaduomo2.com/global-intelligent-traffic-management-systems-market-expected-to-reach-27-92-billion-in-revenue-by-2030/ DUBLIN, March 07, 2022–(BUSINESS WIRE)–The report “Analysis of Intelligent Traffic Management Systems Market Size, Share, and Trends by Solution (Integrated Corridor Management, Traffic Light Control System), by Region and Segment Forecast, 2022-2030” has been added for from ResearchAndMarkets.com offer. The global intelligent traffic management systems market size is projected to reach USD 27.92 billion by […]]]>

DUBLIN, March 07, 2022–(BUSINESS WIRE)–The report “Analysis of Intelligent Traffic Management Systems Market Size, Share, and Trends by Solution (Integrated Corridor Management, Traffic Light Control System), by Region and Segment Forecast, 2022-2030” has been added for from ResearchAndMarkets.com offer.

The global intelligent traffic management systems market size is projected to reach USD 27.92 billion by 2030 and grow at a significant CAGR of 13.1% from 2022 to 2030.

Improving the efficiency of mobility and road transport, the need to reshape transport networks due to the increase in urban population and rapid industrialization are some of the factors that are expected to drive the growth of the market. These systems reduce congestion, eliminate delays and send accurate information to commuters and traffic planners. Additionally, government initiatives to implement smart cities with improved road networks are expected to have a positive impact on growth.

Road congestion is one of the main causes of air pollution. The implementation of intelligent traffic systems facilitates traffic monitoring, thereby reducing harmful emissions, which is expected to have a positive impact on the growth of the market. With the growing development of smart cities, rapid urbanization and increasing population in developing countries, the demand for smart traffic solutions is expected to grow exponentially. Moreover, the rapid adoption of the fourth industrial revolution is expected to drive the growth of smart cities, subsequently fueling the demand for intelligent traffic management systems.

However, the lack of standards and technological uniformity and security issues associated with traffic management systems are expected to negatively impact the growth of the market. To mitigate these incidents, the United Nations Economic Commission for Europe (UNECE) contributes to the management of road safety legal instruments.

Various aspects such as road infrastructure, traffic management, road signs and signals are negotiated with member countries and made legally binding.

A market for intelligent traffic management systems (ITMS) has the potential to help reduce road accidents and improve safety. Several countries including the United States and China are investing heavily in ITMS solutions, which is expected to bode well for the growth of the market over the forecast period.

Intelligent Traffic Management System Market Report Highlights

  • The integrated corridor management segment is expected to witness a considerable CAGR of 13.9% during the forecast period. The market is gradually adopting advanced technologies that integrate and coordinate traffic flows. Additionally, through institutional collaboration and the proactive and aggressive integration of existing infrastructure along the main corridors, several people are expected to help manage the integrated corridors and improve traffic management.

  • The traffic light control system segment is expected to register a considerable CAGR during the forecast period. Availability of highly reliable and inexpensive sensors, data storage facilities, and computing and networking infrastructure are some of the factors expected to fuel the growth of the segment in the coming years.

  • Asia-Pacific is expected to grow at a CAGR of 16.9% from 2022 to 2030, driven by rapid urbanization, growing awareness of smart systems, and population growth. Rising disposable income in countries like China, Japan, and India is expected to increase the purchase of four-wheelers. This is expected to drive demand for traffic management solutions to address traffic congestion issues

Main topics covered:

Chapter 1 Methodology and Scope

1.1 Research methodology

1.2 Scope of research and assumptions

1.3 Analysis of information

1.4 Market Formulation and Data Visualization

1.5 Data validation and publication

1.6 List of abbreviations

Chapter 2 Executive Summary

2.1 Intelligent Traffic Management System Market – Industry Overview and Key Buying Criteria, 2017-2030

2.2 Global Intelligent Traffic Management System Market, 2017 – 2030

Chapter 3 Intelligent Traffic Management System Industry Outlook

3.1 Market Segmentation and Scope

3.2 Market Size and Growth Prospects

3.3 Intelligent Traffic Management System Market – Value Chain Analysis

3.4 Intelligent Traffic Management System Market Dynamics

3.4 Intelligent Traffic Management System Market – COVID-19 Impact Analysis

3.5 Mapping penetration and growth prospects

3.6 Market analysis tools

Chapter 4 Solution Outlook of Intelligent Traffic Management System

4.1 Intelligent Traffic Management System Market: By Solution Segment, Outlook and Market Share 2020 & 2030

4.2 Traffic monitoring system

4.3 Traffic light control system

4.4 Traffic Control Camera

4.5 Integrated Corridor Management

4.6 Intelligent driver information system

4.7 Others

Chapter 5 Regional Outlook of Intelligent Traffic Management System

5.1 Intelligent Traffic Management System Market Share by Region, 2021

5.2 North America

5.3 Europe

5.4 Asia-Pacific

5.5 Central and South America

5.6 AME

Chapter 6 Competitive Analysis

6.1 Global Key Players, Recent Developments and Their Impact on the Industry

6.2 Company categorization

6.3 Vendor landscape

Chapter 7 Competitive Landscape

Companies cited

For more information about this report visit https://www.researchandmarkets.com/r/9ucagd

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220307005463/en/

contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Officer
press@researchandmarkets.com

For EST business hours, call 1-917-300-0470
For US/CAN call toll free 1-800-526-8630
For GMT office hours call +353-1-416-8900

]]>
Integrated Traffic System Market Outlook 2029 https://piazzaduomo2.com/integrated-traffic-system-market-outlook-2029/ Fri, 04 Mar 2022 05:35:06 +0000 https://piazzaduomo2.com/integrated-traffic-system-market-outlook-2029/ New Jersey, United States,- This illustration Integrated Traffic System Market The research report outlines several crucial topics such as market drivers, restraints, latest market trends, key pricing structure, customer buying behavior, and market size. It follows a systematic research procedure to provide accurate valuations as well as market growth predictions. It sheds light on critical […]]]>

New Jersey, United States,- This illustration Integrated Traffic System Market The research report outlines several crucial topics such as market drivers, restraints, latest market trends, key pricing structure, customer buying behavior, and market size. It follows a systematic research procedure to provide accurate valuations as well as market growth predictions. It sheds light on critical data coverage of the market landscape to help key stakeholders make calculated decisions before investing in the development of a product. Also, some raw statistics of the market are described. To provide an understanding of the latest happenings in the market, this Integrated Traffic System market research aims to collect data from the raw service providers, buyers and traders.

The Integrated Traffic System Market research report tracks the potential growth of the organization for forthcoming years by providing insightful data. It covers a few important factors such as demographics, promotional activities, and business metrics. It further sheds light on the economic disasters caused by COVID-19 and the huge losses suffered by different business sectors around the world. He then talks about the market forecast for the valuation years 2022-2029. The use of a value chain aids in understanding the Integrated Traffic System market report.

Get Sample Full PDF Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.verifiedmarketresearch.com/download-sample/?rid=33642

For a brief summary of key insights into the company’s recent breakthroughs and current financial status, read this Integrated Traffic System Market Analysis. With the data contained in this market analysis, it is easy to make important business decisions. It is the best guide for players to get a valuation comparison between major organizations and get an accurate assessment of the market environment. The key techniques and predictions described here are widely used by business players to steer their business on the path to success and maintain their presence in the market. It also provides revenue generating tactics such as product innovation, mergers and partnerships to grow the business.

Key Players Mentioned in the Integrated Traffic System Market Research Report:

Cubic Corporation, Siemens AG, Kapsch TrafficCom, SWARCO MIZAR srl, Sumitomo, Flir Systems, Jenoptik AG, LG CNS, Iteris, Inc.

Integrated Traffic System Market Segmentation:

Integrated Traffic System Market, By Hardware

• Scoreboards
• Interface cards
• Speed ​​cameras
• Sensors
• Intelligent traffic lights
• Surveillance cameras
• Others

Integrated Traffic System Market, By Function

• Traffic monitoring
• Traffic control
• Provision of information

Get a discount on the purchase of this report @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=33642

Scope of the Integrated Traffic System Market Report

ATTRIBUTES DETAILS
ESTIMATED YEAR 2022
YEAR OF REFERENCE 2021
FORECAST YEAR 2029
HISTORICAL YEAR 2020
UNITY Value (million USD/billion)
SECTORS COVERED Types, applications, end users, and more.
REPORT COVER Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst business days) with purchase. Added or changed country, region and segment scope.

It becomes easy to determine the pulse of the market with this detailed analysis of the Integrated Circulation System market. Key players can find all competitive data and market size of major regions like North America, Europe, Latin America, Asia-Pacific and Middle East. As part of the competitive analysis, certain strategies are profiled which are pursued by key players such as mergers, collaborations, acquisitions and new product launches. These strategies will greatly help industry players to strengthen their position in the market and grow their business.

Answers to key questions in the report:

1. Who are the top five players in the Integrated Traffic System Market?

2. How will the integrated traffic system market develop over the next five years?

3. Which products and applications will capture the lion’s share of the integrated traffic system market?

4. What are the drivers and restraints of the Integrated Traffic System Market?

5. Which regional market will show the strongest growth?

6. What will be the CAGR and size of the Integrated Traffic System market throughout the forecast period?

For more information or query or customization before buying, visit @ https://www.verifiedmarketresearch.com/product/integrated-traffic-system-market/

Visualize the Integrated Traffic System Market Using Verified Market Intelligence:-

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Intelligent Traffic System networks damaged before launch https://piazzaduomo2.com/intelligent-traffic-system-networks-damaged-before-launch/ Fri, 25 Feb 2022 19:14:00 +0000 https://piazzaduomo2.com/intelligent-traffic-system-networks-damaged-before-launch/ An ongoing project to install an intelligent traffic system at four major road intersections in Dhaka city has become uncertain as the wired networks of the three road intersection system were damaged by development work by other agencies before launch of the system. The Dhaka Transport Coordination Authority project, initiated seven years ago to improve […]]]>

An ongoing project to install an intelligent traffic system at four major road intersections in Dhaka city has become uncertain as the wired networks of the three road intersection system were damaged by development work by other agencies before launch of the system.

The Dhaka Transport Coordination Authority project, initiated seven years ago to improve traffic management in the capital, has already received five extensions while the cost has been increased twice.

Currently, the client is in talks with five government agencies, responsible for damage to cable networks, for their repair.

“Some agencies have agreed to repair the damaged networks at their own expense and have already taken initiatives in this regard,” Dhaka Integrated Traffic Management Project Manager Mohammad Rabiul Alam said, adding, “I don’t know if other agencies have taken initiatives, or not.’

As several agencies are working at the crossing points, if not all of them agree to carry out the repair work, the works cannot start, he added.

In addition, a case remains pending concerning the theft of a project server computer.

Currently, the capital’s traffic lights, timer systems and digital billboards, which cost millions of taka, are in disuse while traffic police under the Dhaka Metropolitan Police control traffic manually.

The DTCA launched the DITMP pilot project in July 2015 under a technical cooperation agreement between the government and the Japan International Cooperation Agency, which was tasked with bringing the city’s four road crossings to Paltan, Phulbaria, Mohakhali and Gulshan-1 under the Intelligent Transport System. .

As part of the project, ITS equipment including ultrasonic vehicle detectors, vehicle image detectors, CCTVs to track traffic volume and control traffic lights have been installed at these crossings. by November 2019.

Except at Gulshan 1, the cable networks of the other three crossing points were damaged during the Covid pandemic.

According to the project office, the cable network at Mohakhali was damaged by the development works of Dhaka North City Corporation and the Bangladesh Bridges Authority, the cable network and traffic lights at Paltan were damaged by the development works of Dhaka Mass Transit Company Limited, Dhaka Water Supply and Sewerage Authority and Dhaka South City Corporation while Phulbaria’s cable network, poles and traffic lights were damaged by DSCC development works.

The original deadline for completion of the project was June 2017, while the estimated cost of the project was Tk 36.37 crore.

Later, after the five extensions, the project deadline was finally extended to June 2022 and after the two cost revisions, the project cost now stands at Tk 52.08 crore.

The project office said that after the intelligent traffic system was installed at the level crossings in November 2019, the configuration of the system command could not be established in the DMP control room due to the ` ‘loss’ of one of the server computers in a leased warehouse in Hazaribagh under the DSCC.

A complaint was filed with the Hazaribagh Police Station about this on January 27, 2020.

The revised technical assistance project proposal for the procurement and installation of server computers through consultants was approved on February 28, 2021 without increasing the cost of the project.

“The purchase of the server computer is delayed because there is no point in buying it until the wired network becomes functional,” said Rabiul Alam, also additional executive director of DTCA, adding that they had discussions with stakeholders about repairing the cable. networks.

Responding to a question, he said he was unaware of the current status of the theft case.

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