An exciting new study from the team of Lucintel found that smart traffic management system market is expected to reach $13.2 billion by 2025 with a CAGR of 8.2%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The smart traffic management system market is segmented based on material type, manufacturing method, application, and region. In this market, traffic monitoring system is the largest segment by product, whereas highway is largest by application. Players can benefit from the available opportunities like the growth of adaptive traffic control & traffic analytics and emergence of mobility as a service (MaaS).
The include the growth of adaptive traffic control & traffic analytics and emergence of mobility as a service (MaaS) are emerging trends having impact on dynamics of the industry.
Kapsch, Siemens, Transcore, Delcan, Q-Free, SwRI, Xerox, SICE, Dynniq, and IBI Group and others are some of the major players profiled in this 215 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the smart traffic management system market by product (traffic monitoring system, traffic signal control system, traffic enforcement camera, intelligent driver information system, and integrated corridor management), by applications (Highway, Managed Lanes, and Others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the smart traffic management system market?
Q.4 What are some changing demands of customers in the smart traffic management system market?
Q.5 What are the new developments in the smart traffic management system market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this smart traffic management system area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this smart traffic management system market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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