Traffic Management Market Global 2018 Trends, Market Share, Industry Size, Opportunities, Analysis and Forecast To 2023

According to Market Study Report, Traffic Management Market provides a comprehensive analysis of the Traffic Management Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Traffic Management Market. An exclusive data offered in this report is collected by research and industry experts team.

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Top Companies profiled in the Traffic Management Market:
o Accenture (Ireland)
o Atkins Group (UK)
o Cellint (Israel)
o Cisco (US)
o Citilog (France)
o Cubic Corporation (US)
o EFKON (Austria)
o Esri (US)
o FLIR Systems (US)
o IBM (US)
o Indra Sistemas (Spain)
o Industrial Management Technology & Contracting (IMTAC) (Sultanate of Oman)
o IntelliVision Technologies (US)
o Iteris (US)
o Jenoptik (Germany)
o Kapsch TrafficCom ( Austria)
o Lanner Electronics (Taiwan)
o LG CNS (South Korea)
o Metro Infrasys (India)
o PTV Planung Transport Verkehr (Germany)
o Q-Free ASA (Norway)
o Siemens (Germany)
o SWARCO (Austria)
o TransCore (US)

Sensors are hardware components that detect and respond to physical parameters of an environment. They convert the physical parameters into signals that can be measured to get insights. Sensors are used in traffic management for gathering data and sending traffic safety warnings. The sensors used in traffic management systems are further segmented into 3 types, namely, vehicle detection sensors, pedestrian presence sensors, and speed sensors.

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"Asia Pacific (APAC)is projected to grow at the highest CAGR"
Europe is expected to hold the largest market share in 2018, while APAC is the fastest-growing region, in terms of CAGR. The 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.

Research coverage:
The traffic management market has been segmented on the basis of systems, components (software, hardware, and services), and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the traffic management market.

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