LONDON--(BUSINESS WIRE)--Technavio has been monitoring the integrated traffic systems market and it is poised to grow by USD 10.2 billion during 2019-2023, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Cubic Corp., FLIR Systems Inc., Kapsch TrafficCom AG, Sumitomo Electric Industries Ltd., and SWARCO AG. are some of the major market participants. The increasing toll road expansion will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing toll road expansion has been instrumental in driving the growth of the market.
Integrated Traffic Systems Market 2019-2023: Segmentation
Integrated traffic systems market is segmented as below:
-
Solution
- Traffic Monitoring System
- Traffic Control System
- Others
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Integrated Traffic Systems Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our integrated traffic systems market report covers the following areas:
- Integrated Traffic Systems Market Size
- Integrated Traffic Systems Market Trends
- Integrated Traffic Systems Market Industry Analysis
This study identifies emergence of smart cities as one of the prime reasons driving the integrated traffic systems market growth during the next few years.
Integrated Traffic Systems Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the integrated traffic systems market, including some of the vendors such as Cubic Corp., FLIR Systems Inc., Kapsch TrafficCom AG, Sumitomo Electric Industries Ltd., and SWARCO AG. Backed with competitive intelligence and benchmarking, our research reports on the integrated traffic systems market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Integrated Traffic Systems Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist integrated traffic systems market growth during the next five years
- Estimation of the integrated traffic systems market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the integrated traffic systems market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of integrated traffic systems market vendors
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY SOLUTION
- Market segmentation by solution
- Comparison by solution
- Traffic monitoring system - Market size and forecast 2018-2023
- Traffic control system - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by solution
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Increasing global road traffic congestion
- Emergence of smart cities
- Extensive use of HDR cameras and Ethernet-based ADAS
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Cubic Corp.
- FLIR Systems Inc.
- Kapsch TrafficCom AG
- Sumitomo Electric Industries Ltd.
- SWARCO AG
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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