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2019 Trending Market Research on Traffic Management Systems Market Report 2019-2025 with Kapsch TrafficCom, SWARCO, Siemens

Traffic Management Systems Market

Traffic Management Systems Market

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.

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.

In 2018, the global Traffic Management Systems market size was 1490 million US$ and it is expected to reach 2980 million US$ by the end of 2025, with a CAGR of 9.1% during 2019-2025.

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The key players covered in this study
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 Type, the product can be split into
Integrated Urban Traffic Control System
Freeway Management System
Electronic Toll Collection (ETC)
Advanced Public Transportation System
Others

Market segment by Application, split into
Urban Traffic
Inter-Urban
Parking Management
Info-mobility
Public Transport
Freeway
Consultancy & Planning

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The study objectives of this report are:
To analyze global Traffic Management Systems status, future forecast, growth opportunity, key market and key players.
To present the Traffic Management Systems development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

About Supply Demand Market Research(SDMR)

We have a strong network of high powered and experienced global consultants who have about 10+ years of experience in the specific industry to deliver quality research and analysis.
Having such an experienced network, our services not only cater to the client who wants the basic reference of market numbers and related high growth areas in the demand side, but also we provide detailed and granular information using which the client can definitely plan the strategies with respect to both supply and demand side.

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