Traffic Sensor Market – Global Market Insights, Size, Share, Trends, Outlook, and Opportunity Analysis, 2018–2023


Posted January 3, 2019 by AkashSangshetti

Market Research Future published a research report on “Traffic Sensor Market Research Report - Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

 
Market Highlights

The study reveals that traffic sensor is trending in North America region. The traffic sensors demand is growing very rapidly as it offers dynamic range to check large to small vehicles, permanent or temporary installation, high signal to noise ratio for ease of signal processing and others. The sensors are available for speed detection, classifying, high speed toll booths, high level of uniformity needed for WIM applications.

In North America region, the traffic monitoring systems demand is increasing with the growing road traffic. These system are embedded with the video capturing devices that offers real-time monitoring on the road areas such as toll highways, bridges, bypasses and underpasses. In the traffic monitoring, the piezoelectric sensors are used in applications such as weigh-in-motion, vehicle classification and others.

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The radar sensors is integrated with Wi-Fi which is being used as it can detect and provide the information of vehicle with the accuracy of 95% approximately. These sensors are widely used in North America region as it can work in adverse conditions and performance which is not affected by dirt, smog, fog, sunlight, wind, sandstorms or extreme temperatures.

The global Traffic Sensor Market is growing rapidly over ~8% of CAGR and is expected to reach at USD ~ 385 Million by the end of forecast period.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Traffic Sensor Market Research Report -Forecast to 2023”.

Global Traffic Sensor Market Segmentation

The global traffic sensors are bifurcated into technology, sensors type, applications, and region. The technology includes RFID, 3D/2D, GSM and others. The sensors types includes LiDAR sensors, radar sensors, magnetic sensors, piezoelectric sensors, image sensors and others. The applications includes laser measurement systems, electronic toll collection system, hot spot detection system, road tunnel sensors system and others. The region includes North America, Europe, Asia Pacific and rest of the world.

Market Research Analysis:

On geographic basis, global traffic sensor market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the traffic sensor market due to the major companies are investing for the production of these sensors. In this market, Europe is to be estimated to be the second largest market share for traffic sensor during the forecast period.

Key Players

The prominent players in the Global Traffic Sensor Market are – TE Connectivity Ltd. (Switzerland), Kistler Group (Switzerland), SWARCO AG (Austria), Sick AG (Germany), LeddarTech Inc. (Canada), Siemens AG (Germany) , International Road Dynamics, Inc. (Canada), FLIR Systems, Inc. (U.S.), Axis Communication AB (Sweden), Raytheon Company (U.S.), Sensys Networks, Inc. (U.S.) and among others.

Intended Audience

Traffic Sensor manufacturing companies
Product sales and distribution companies
Government regulatory authorities
Semiconductor companies
Traffic sensor providers
Research and development companies
Market research and consulting firms
Solution providers
Technology standards organizations
Technology investors
System Integrators
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TABLE OF CONTENTS

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure:

1.3.1 Global Traffic Sensor Market: By Technology

1.3.2 Global Traffic Sensor Market: By Sensor Type

1.3.3 Global Traffic Sensor Market: By Application

1.3.4 Global Traffic Sensor Market: By Region

2 Research Methodology

2.1 Research Sensors Type

2.2 Primary Research

2.3 Secondary Research

2.4 Forecast Model

3 Market Dynamics

3.1 Introduction

3.2 Market Drivers

3.3 Market Challenges

3.4 Market Opportunities

4 Executive Summary

Market Factor Analysis
5.1 Porter’s Five Forces Analysis

5.2 Supply Chain Analysis

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Issued By Market Research Future
Country India
Categories Business , Semiconductors
Tags traffic sensor market
Last Updated January 3, 2019