Traffic Sensor Market 2021 Increasing Demand, Growth Analysis, and Strategic Outlook 2027 - : EFKON, Kapsch, Ericsson, TransCore, Irdinc, Kistler, Flir, TE

The report provides a detailed assessment of the global Traffic Sensor Market including enable technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmaps, value chains, ecosystem player profiles, and strategies included. The report also presents a SWOT analysis and forecast for Traffic Sensor investments from 2021 to 2027. It also presents a futuristic growth outlook of the Traffic Sensor Market in a pre- and post-COVID-19 scenario.

The global Traffic Sensors was valued at USD 272.97 million in 2020 and is expected to reach USD 436.0 million by 2027 and grow at a CAGR of 8.5% over the forecast period (2021-2027). 

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Global Traffic Sensor includes Market Analysis Report Top Companies are: EFKON, Kapsch, Ericsson, TransCore, Irdinc, Kistler, Flir, TE, Q-Free, SWARCO, SICK, Axis, Raytheon, Siemens, and Others.

Industry News and Update:

August 2018 - TE Connectivity acquired ENTRELEC terminal block business from ABB which expands the company’s product portfolio and widens the consumer reach.

In January 2018, Ericsson launched a project in which the urban roads are connected to an advanced system of traffic management. It was designed especially for the city of Dallas. It has provided relief to the traffic management & control authorities. The monitoring, as well as surveillance functions, are also being performed efficiently by the advanced traffic sensor system.

This report segments the global Traffic Sensor Market on the basis of Types are:

Inductive Loop

Piezoelectric Sensor

Bending Plate

Image Sensor

Infrared Sensor

Other

On the basis of Application, the Global Traffic Sensor Market is segmented into:

Vehicle Measurement and Profiling

Weigh in Motion

Traffic Monitoring

Automated Tolling

Others

Regional Analysis for Traffic Sensor Market:

- North America (The 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, etc.)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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Significant Features that are under Offering and Key Highlights of the Reports:

- Detailed overview of the Traffic Sensor Market
- Changes in industry market dynamics
- Detailed market segmentation by type, application, etc.
- Historical, current and projected market size in terms of quantity and value
- Recent industry trends and developments
- Competition situation of Traffic Sensor Market
- Key companies and product strategies
- Potential niche segment/region showing promising growth.

Finally, the Traffic Sensor Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

Research Methodology:
The Traffic Sensor Market Report includes estimates of market value (million USD) and volume (M Sqm). Top-down and bottom-up approaches are used to estimate and validate the market size of the Traffic Sensor Market and the size of various other sub-markets of the market as a whole.

The key players in the market have been identified through secondary research, and market share has been determined through primary and secondary research. Percentage splits and breakdowns are all determined using secondary and validated primary sources.

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