Growth of Traffic Management Market is Estimated to Grow Steadfast CAGR till 2022 | Worldwide leading manufacturers - IBM, Cisco Systems, LG Corp, Swarco, Siemens

BusinessIndustryReports have new report on “Global Traffic Management Market 2018-2022”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better market. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 

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Traffic management market is driven by factors, such as high demographic growth and hyper urbanization in developing countries, and government initiatives for traffic management under smart cities models. With the increase in the deployment of smart transportation solutions among the smart cities, the traffic management market is expected to gain a major traction during the forecast period.

The traffic management systems offer real-time data and ability to analyze and respond immediately . Based on solutions, the traffic management market can be classified into five categories, namely extra low voltage (ELV) solutions, intersection controllers, full pedestrian solutions, LED signal retrofit solutions, and parking space and ticketing management solutions. Based on detection systems, the traffic management market can be segmented into three categories, namely above ground pedestrian and vehicles detection, loop detection and closed circuit televisions (CCTV), and automatic number plate recognition (ANPR) systems. Based on displays, the traffic management market can be segmented into three categories, namely variable or dynamic message signboards, vehicle information terminals, and others.    

Regionally, Europe is expected to hold the largest market share and dominate the traffic management market from 2017 to 2022. The region has been extremely responsive toward adopting the latest technological advancements, such as smart signaling and route guidance software. The major growth drivers for this region are the large-scale investments in the smart transportation and smart cities projects and need for better traffic management and control mechanisms. The Asia Pacific (APAC) region is in the initial growth phase; however, it is the fastest-growing region in the global traffic management market. Increased urbanization has resulted in traffic congestions. High adoption of solutions to minimize congestions, along with better traffic management and control, has led to a wider demand of traffic management solutions in the APAC region.

Key Players:

1 IBM

2 Cisco Systems

3 LG Corporation

4 Swarco

5 Siemens

6 Kapsch

7 Q-Free and more......

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The report covers the Segments and sub-segments of the Global Traffic Management Market by:

Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Product Types:

1 Urban Traffic Management and Control (UTMC) system

2 Adaptive Traffic Control System (ATCS)

3 Journey Time Measurement System (JTMS)

4 Predictive Traffic Modeling System (PTMS)

5 Incident Detection and Location System (IDLS)

Industry Segmentation:

1 Global Traffic Management

2 Region Traffic Management

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Key questions answered in the report include

1 What are the key factors driving the Traffic Management market?

2 What are the key market trends impacting the growth of the global Traffic Management market?

3 What are the challenges to Traffic Management market growth?

4 Who are the key vendors in the global Traffic Management market?

5 What are the market opportunities and threats faced by the vendors in the global Traffic Management market?

6 What are the key outcomes of the five forces analysis of the global Traffic Management market?

Table of Content:

1 Traffic Management Product Definition

2 Global Traffic Management Manufacturer Share and Market Overview

3 Manufacturer Traffic Management Business Introduction

4 Global Traffic Management Market Segmentation (Region Level)

5 Global Traffic Management Market Segmentation (Product Type Level)

6 Global Traffic Management Market Segmentation (Industry Level)

7 Global Traffic Management Market Segmentation (Channel Level)

8 Traffic Management Market Forecast 2018-2022

9 Traffic Management Segmentation Product Type

10 Traffic Management Segmntation Industry

11 Traffic Management Cost of Production Analysis

12 Conclusion

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