Product Code: A12181
According to a new report published by Allied Market Research, titled, "Integrated Traffic Systems Market," The integrated traffic systems market was valued at $28.1 billion in 2022, and is estimated to reach $66.2 billion by 2032, growing at a CAGR of 9% from 2023 to 2032.
Integrated traffic systems are comprehensive surveillance and control systems that are equipped with hardware such as CCTV, radars, display boards, traffic signals, and others. This system works collectively and enable live monitoring and control of traffic. In addition, ITS is useful in case of emergency response by providing optimal routes for emergency vehicles.
The market growth is driven by rise in global traffic congestion and traffic jams, growing public-private partnerships for the development of the integrated traffic system technology, and an increase in government focus on reducing CO2 emission from vehicles. However, high technology cost is anticipated to hinder the market growth during the forecast period. Furthermore, the growth of autonomous and connected vehicles and the improvement of high-speed internet and communications technologies is anticipated to create lucrative market growth opportunities for the companies operating in the market.
Rapid industrialization and expanding global trade activities lead to increase in wealth among major countries across the world. The increased influx of wealth has resulted in countries spending more on enhancing their roadways and infrastructural development. In addition, due to upsurge in commerce activities, there was huge migration of people from rural areas to urban areas especially in developing countries of Asia-Pacific and Latin America region. The rise in population in cities resulted in increase in transit time and traffic congestions leading to surge in strain on the existing infrastructure creating demand for integrated traffic system.
For the purpose of analysis, the global integrated traffic system market has been segmented into function, hardware, and application. Based on function the integrated traffic system market has been bifurcated into traffic monitoring, traffic control and information provision and analysis. On the basis of hardware, the market has been segmented into surveillance cameras, boards, radars and sensors and others. Based on application, the market has been analyzed across urban traffic and highways.
The leading players operating in the market are: Kapsch TrafficCom AG, Siemens AG, Cubic Transportation Systems, Inc., Swarco, Teledyne Flir LLC, Jenoptik, Sumitomo Electric Industries, Ltd., Cisco Systems, Inc., Iteris Inc and ST Engineering.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the integrated traffic systems market analysis from 2022 to 2032 to identify the prevailing integrated traffic systems market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the integrated traffic systems market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global integrated traffic systems market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Upcoming/New Entrant by Regions
- Technology Trend Analysis
- SWOT Analysis
Key Market Segments
By Function
- Traffic Monitoring
- Traffic Control
- Information Provision and Analysis
By Hardware Type
- Others
- Surveillance Cameras
- Boards
- Radars and Sensors
By Application
By Region
- North America
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Southeast Asia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- ST Engineering
- Teledyne FLIR LLC
- Siemens AG
- Swarco AG.
- JENOPTIK
- Iteris Inc.
- Cisco Systems, Inc.
- Sumitomo Electric Industries, Ltd.
- Kapsch TrafficCom AG
- Cubic Transportation Systems, Inc.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. High threat of new entrants
- 3.3.3. High threat of substitutes
- 3.3.4. Moderate intensity of rivalry
- 3.3.5. High bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Rise in global traffic congestion
- 3.4.1.2. Growing Public-private partnership
- 3.4.1.3. Increase government focus on reducing CO2 emission
- 3.4.2. Restraints
- 3.4.2.1. High technology cost
- 3.4.3. Opportunities
- 3.4.3.1. Growth of autonomous and connected vehicles
- 3.4.3.2. Improvement of high-speed internet and communications technologies
CHAPTER 4: INTEGRATED TRAFFIC SYSTEMS MARKET, BY FUNCTION
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Traffic Monitoring
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Traffic Control
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Information Provision and Analysis
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
CHAPTER 5: INTEGRATED TRAFFIC SYSTEMS MARKET, BY HARDWARE TYPE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Surveillance Cameras
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Boards
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Radars and Sensors
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Others
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
CHAPTER 6: INTEGRATED TRAFFIC SYSTEMS MARKET, BY APPLICATION
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Urban Traffic
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Highways
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: INTEGRATED TRAFFIC SYSTEMS MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Function
- 7.2.3. Market size and forecast, by Hardware Type
- 7.2.4. Market size and forecast, by Application
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Function
- 7.2.5.1.2. Market size and forecast, by Hardware Type
- 7.2.5.1.3. Market size and forecast, by Application
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Function
- 7.2.5.2.2. Market size and forecast, by Hardware Type
- 7.2.5.2.3. Market size and forecast, by Application
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Function
- 7.2.5.3.2. Market size and forecast, by Hardware Type
- 7.2.5.3.3. Market size and forecast, by Application
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Function
- 7.3.3. Market size and forecast, by Hardware Type
- 7.3.4. Market size and forecast, by Application
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Market size and forecast, by Function
- 7.3.5.1.2. Market size and forecast, by Hardware Type
- 7.3.5.1.3. Market size and forecast, by Application
- 7.3.5.2. UK
- 7.3.5.2.1. Market size and forecast, by Function
- 7.3.5.2.2. Market size and forecast, by Hardware Type
- 7.3.5.2.3. Market size and forecast, by Application
- 7.3.5.3. France
- 7.3.5.3.1. Market size and forecast, by Function
- 7.3.5.3.2. Market size and forecast, by Hardware Type
- 7.3.5.3.3. Market size and forecast, by Application
- 7.3.5.4. Italy
- 7.3.5.4.1. Market size and forecast, by Function
- 7.3.5.4.2. Market size and forecast, by Hardware Type
- 7.3.5.4.3. Market size and forecast, by Application
- 7.3.5.5. Russia
- 7.3.5.5.1. Market size and forecast, by Function
- 7.3.5.5.2. Market size and forecast, by Hardware Type
- 7.3.5.5.3. Market size and forecast, by Application
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Market size and forecast, by Function
- 7.3.5.6.2. Market size and forecast, by Hardware Type
- 7.3.5.6.3. Market size and forecast, by Application
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Function
- 7.4.3. Market size and forecast, by Hardware Type
- 7.4.4. Market size and forecast, by Application
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Function
- 7.4.5.1.2. Market size and forecast, by Hardware Type
- 7.4.5.1.3. Market size and forecast, by Application
- 7.4.5.2. India
- 7.4.5.2.1. Market size and forecast, by Function
- 7.4.5.2.2. Market size and forecast, by Hardware Type
- 7.4.5.2.3. Market size and forecast, by Application
- 7.4.5.3. Japan
- 7.4.5.3.1. Market size and forecast, by Function
- 7.4.5.3.2. Market size and forecast, by Hardware Type
- 7.4.5.3.3. Market size and forecast, by Application
- 7.4.5.4. South Korea
- 7.4.5.4.1. Market size and forecast, by Function
- 7.4.5.4.2. Market size and forecast, by Hardware Type
- 7.4.5.4.3. Market size and forecast, by Application
- 7.4.5.5. Australia
- 7.4.5.5.1. Market size and forecast, by Function
- 7.4.5.5.2. Market size and forecast, by Hardware Type
- 7.4.5.5.3. Market size and forecast, by Application
- 7.4.5.6. Southeast Asia
- 7.4.5.6.1. Market size and forecast, by Function
- 7.4.5.6.2. Market size and forecast, by Hardware Type
- 7.4.5.6.3. Market size and forecast, by Application
- 7.4.5.7. Rest of Asia-Pacific
- 7.4.5.7.1. Market size and forecast, by Function
- 7.4.5.7.2. Market size and forecast, by Hardware Type
- 7.4.5.7.3. Market size and forecast, by Application
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Function
- 7.5.3. Market size and forecast, by Hardware Type
- 7.5.4. Market size and forecast, by Application
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Latin America
- 7.5.5.1.1. Market size and forecast, by Function
- 7.5.5.1.2. Market size and forecast, by Hardware Type
- 7.5.5.1.3. Market size and forecast, by Application
- 7.5.5.2. Middle East
- 7.5.5.2.1. Market size and forecast, by Function
- 7.5.5.2.2. Market size and forecast, by Hardware Type
- 7.5.5.2.3. Market size and forecast, by Application
- 7.5.5.3. Africa
- 7.5.5.3.1. Market size and forecast, by Function
- 7.5.5.3.2. Market size and forecast, by Hardware Type
- 7.5.5.3.3. Market size and forecast, by Application
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. Kapsch TrafficCom AG
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.2. Siemens AG
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
- 9.3. Cubic Transportation Systems, Inc.
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. Swarco AG.
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.5. Teledyne FLIR LLC
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. JENOPTIK
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
- 9.7. Sumitomo Electric Industries, Ltd.
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.8. Cisco Systems, Inc.
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
- 9.9. Iteris Inc.
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
- 9.10. ST Engineering
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments