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What are the Traffic Sensor Market Trend, Scope Along With Top Key Players EFKON, Kapsch TrafficCom, TransCore, International Road Dynamics

01-28-2020 06:37 AM CET | Media & Telecommunications

Press release from: Coherent Market Insights

Traffic Sensor

Traffic Sensor

Traffic sensors are used for traffic management, automatic incident detection, and data collection. Traffic sensors provide standard data regarding traffic, speed, and area occupancy, which are helpful to avoid congestion in the large metropolitan areas. Moreover, these sensors helps to accurately measure average flow speed, which helps to distinguish different service levels such as dense, congestion, queue, and fluid. Traffic sensors improves the efficiency and capacity of transportation networks.

Inductive-loop detectors, video image processors, magnetometers, laser radar sensors, microwave radar sensors, ultrasonic sensors, passive infrared sensors, and passive acoustic sensors are types of traffic sensors. Application of these sensors includes incident detection, traffic signal control, mainline control, and measurement of vehicle volume.

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The main key players in the industry are-
EFKON AG, Kapsch TrafficCom AG, TransCore, International Road Dynamics, Inc., Kistler Group, Flir Systems, Inc., TE Connectivity Ltd., SWARCO AG, Q-Free ASA, SICK AG, Axis Communications AB, Raytheon Company, and Siemens AG.

Can we add or profile a new company according to our needs?
Yes, we can add or profile a new company according to customer needs in the report. Final confirmation should be provided by the research team depending on the difficulty of the investigation.
** The availability of data will be confirmed by research in the case of a private company. Up to 3 players can be added at no additional cost.

Can the country of specific interest be added?
Currently, the research report pays particular attention to the following regions:
North America (United States, Canada, Mexico), Europe (Germany, United Kingdom, France, Italy, Russia, Spain, etc.), South America (Brazil, Argentina, etc.) and Middle East and Africa (Saudi Arabia, South Africa, etc.)

Global Traffic Sensor Market: Regional Insights

The global traffic sensor market has been segmented on the basis of regions into North America, Asia Pacific, Europe, Latin America, Middle East, and Africa. North America held the largest share in the global traffic sensor market in 2018. The U.S. is the major growth engine in North America market, owing to increasing initiatives from the U.S. government towards improvement of transportation infrastructure and implementation of intelligent transportation systems (ITS). For instance, in 2015, the America's Surface Transportation Act or "FAST Act" was implemented, to solve road traffic congestion issues, enhance transportation within the country, improve working efficiencies in transportation systems and commercial vehicles, and minimize vehicle emissions.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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