Traffic Management System Market Top Key Players - Cisco System Inc., Swarco AG, Siemens AG, International Business Machines Corporation ( IBM ), TrafficCom AG, Thales Group, Q Free ASA, Planung Transport Verkehr Group, Transcore, Chevron Corporation, Sen

To improve the overall traffic efficiency and safety of the traffic network, the traffic management system consists of multiple applications and management technologies. Traffic management systems provide services to collect, analyze, and mitigate problems from a variety of sources. As a result of these questions, this article provides a discussion of the classification of traffic management system market, the current situation, obstacles and future prospects for implementing them.

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GLOBAL TRAFFIC MANAGEMENT SYSTEM MARKET DYNAMICS

• Key factors that contribute to the high growth rate of the market are increasing demand for operational efficiency and new government guidelines. However, traffic management companies have room for development. In addition to large companies, SMEs and start-ups sell products and services worldwide, affecting the traffic management industry.

• Building a connected, partially automated car first will help create a market for autonomous vehicles. Sensor technologies such as ultrasound and radar allow autonomous vehicles to recognize their surroundings. There are advanced control systems that use sensor inputs when driving these cars to determine the optimal route.

• You can recognize not only blind spots but also important signs with obstacles. With the advanced development of driving assistance technology, autonomous driving is becoming more and more popular. By 2025, several technology giants such as Google and Microsoft and major automakers such as Daimler, BMW, Volkswagen, Audi, Tesla and Volvo are expected to launch fully autonomous vehicles.

GLOBAL TRAFFIC MANAGEMENT SYSTEM MARKET SEGMENTATION

The Global Traffic Management System market can be segmented into following categories for further analysis.

By Class of Solutions
• Smart Signalling
• Route Guidance
• Route Optimisation
• Traffic Analytics
• Surveillance Systems
• Video Management
• Video Analytics

By Construction Type
• Hardware based Component
• Software based Component

By Construction Fitting Capability
• Sensors
• Display Boards
• Surveillance Cameras
• Internet Protocol Cameras
• Vehicle Detection Sensors
• Pedestrian Detection Sensors

By Regional Classification
• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region

By System Integration Type
• Urban Traffic Control System
• Adaptive Traffic Control System
• Predictive traffic Modelling Systems
• Journey Time Management System
• Incident Detection and Location System
• Dynamic Traffic Management System

RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL TRAFFIC MANAGEMENT SYSTEM MARKET

• At the core of the Intelligent Transport Systems (ITS) area is the Advanced Traffic Management System (ATMS). Atmospheric Traffic Management System (ATMS) is a top-down management system that combines technologies to improve traffic flow and safety. The actual traffic data collected, such as cameras and speed sensors, is integrated and processed through the Traffic Management Center (TMC) to identify problems and is performed for the purpose of optimizing traffic flow. It can lead to actions (eg traffic routes, DMS messaging).

• The latest technology integration was done through a complete and systematic approach to multiple integrity systems. The latest integration is a central control room-based technology that operates an integrated network of architectures. You can use the Central Control Room (CCR) to monitor and control traffic across the road. Surveillance systems such as CCTV and VIDS, located along part of the road, can be seen directly from this room. The CCR also uses multiple message indicators to create and distribute the required information.

COMPANIES PROFILED
• Cisco System Inc.
• Swarco AG
• Siemens AG
• International Business Machines Corporation ( IBM )
• TrafficCom AG
• Thales Group
• Q Free ASA
• Planung Transport Verkehr Group
• Transcore
• Chevron Corporation
• Sensys Networks Inc.
• Blue Signal Inc.
• Bercman Technologies AS
• INRIX Inc.

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