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Traffic Management Systems Market 2019-2023| By Advanced Meter and Recent Technological Updates- Key Players are Kapsch TrafficCom, SWARCO, Siemens, TomTom, THALES, IBM, Cubic, Fujitsu, Q-Free, Imtech, Kyosan Electric, SICE, Iteris, Peek traffic

05-06-2019 07:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Traffic Management Systems

Traffic Management Systems

Traffic management systems refer to the IT solutions provided by vendors to improve the traffic flow and enhance passenger safety. The traffic management systems consume data from disparate sources such as road sensors, CCTV cameras, and traffic control centers. The systems process these data and generate useful information, which is passed on to end-users such as passengers, traffic control agencies, and police stations. Traditionally, traffic management systems helped to save time and reduce wastage of fuel by reducing traffic congestion. However, with the advances in communication technologies and the internet, the traffic management systems now help users in more widely applications by building a whole traffic networking.

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Scope of the Report:
This report studies the Traffic Management Systems market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Traffic Management Systems market by product type and applications/end industries.

With the rising population and vehicles, traffic safety has become increasingly important, which drives the demand for traffic management systems growing.

From 2010 to 2014, due to the intellectualization of traffic management systems, global traffic management systems industry developed fast with near 13.5~17.5% growth rate.

As for China, because of the late start, traffic management systems industry has experienced an explosive growth, the growth rate is higher than 17.5% and average growth rate reached to 20%.

In the next years, it is estimated that traffic management systems industry will continue developing rapidly and the global revenue will reach to near 9.5 billion USD, while the same data will be 4.3 billion USD in China.

Due to the high opportunities in the R&D and sales of traffic management systems, in the future, there will be more and more investors entering into this industry.
Competition becomes more intense in traffic management systems industry, and providers will face the high risk of further price and gross margin decline in the future.

The global Traffic Management Systems market is valued at 1490 million USD in 2017 and is expected to reach 2520 million USD by the end of 2023, growing at a CAGR of 9.2% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Traffic Management Systems.

Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

Market Segment by Companies, this report covers
Kapsch TrafficCom
SWARCO
Siemens
TomTom
THALES
IBM
Cubic
Fujitsu
Q-Free
Imtech
Kyosan Electric
SICE
Iteris
Peek traffic
E-Hualu
China ITS (Holdings)
ENJOYOR
Datang Telecom
Wantong Technology
Hisense TransTech
China Shipping Network Technology
Dahua Technology
HIKVISION
Baokang Electronic

Market Segment by Regions, regional analysis covers 
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Integrated Urban Traffic Control System
Freeway Management System
Electronic Toll Collection (ETC)
Advanced Public Transportation System
Others

Market Segment by Applications, can be divided into
Urban Traffic
Inter-Urban
Parking Management
Info-mobility
Public Transport
Freeway
Consultancy & Planning

Table of Contents

1 Traffic Management Systems Market Overview
2 Manufacturers Profiles
3 Global Traffic Management Systems Market Competition, by Players
4 Global Traffic Management Systems Market Size by Regions
5 North America Traffic Management Systems Revenue by Countries
6 Europe Traffic Management Systems Revenue by Countries
7 Asia-Pacific Traffic Management Systems Revenue by Countries
8 South America Traffic Management Systems Revenue by Countries
9 Middle East and Africa Revenue Traffic Management Systems by Countries
10 Global Traffic Management Systems Market Segment by Type
11 Global Traffic Management Systems Market Segment by Application
12 Global Traffic Management Systems Market Size Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source

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About Us:

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

Contact Us:

Mr. Shah
Worldwide Market Reports
Tel: +1 415 871 0703
Email:sales@worldwidemarketreports.com

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