Press release
Why is China Witnessing Upward Growth in Intelligent Traffic Management Systems - Exclusive Report by Fact.MR
Intelligent Traffic Management System Market
Latest industry analysis by Fact MR, predicts sales of Intelligent Traffic Management System to swell at propelled CAGR through 2031, as automotive sales gradually recover across the world. The report is intended at presenting insights into hidden growth opportunities and challenges. It also offers recommendations to help businesses to prep for unforeseen challenges.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
To remain ‘ahead’ of your competitors, request for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=319
The report offers actionable and valuable market insights of Intelligent Traffic Management System. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Intelligent Traffic Management System Market across various industries and regions.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Intelligent Traffic Management System market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Intelligent Traffic Management System
This newly published and insightful report sheds light on Market Insights of Intelligent Traffic Management System, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Intelligent Traffic Management System Market.
Market Snapshot
Intelligent traffic management systems have greatly revolutionized the way road traffic is managed. Fact.MR has recently published a report on the market, forecasting a valuation of US$ 17.75 Bn by 2021-end. By the end of the 2021-2031 assessment period, the market is expected to reach US$ 34 Bn, registering a CAGR of 6.7%. Demand for integrated urban traffic control will surge the highest, at a CAGR of 7%.
Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=319
Key Segments Covered
Product Type
Integrated Urban Traffic Control System
Variable / Dynamic Message Signs
Emergency Response Systems
Border Control System
Electronic Toll Collection System
Parking Management System
Violation and Measurement Systems
Tunnel Management System
Freeway Management System
Other Systems
Spender Type
Infrastructure Enterprises & PPPs
Federal and Provincial Government
Industries & Commercial Enterprise
Components
Traffic Controllers and Signals
Surveillance Cameras
Video Walls
Server
3D Simulators
GUI Workstation
Detectors & Sensors
Other Components
Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/319
Competitive Landscape
Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions to expand their market ground.
In January 2021 Dahua Technology, a world leading video-centric smart IoT solution and service provider launched: WizSense/WizMind series which focus on the AI value transmission; HDCVI 6.0 Plus that offers continued advancement in over-coax technology, and Full-color 2.0 which provides excellent performance under extreme low light conditions, driving innovation to an AIoT future.
In the same time period, Q-Free ASA launched Kinetic Signals to manage traffic signals centrally. Kinetic Signals features a comprehensive intersection editor, interactive reporting, built-in ATSPMs, and a detail-rich database management system to efficiently control and monitor traffic signals in real-time across cities, states, and regions.
Highlights from the Report Include:
In terms of revenues, North America is expected to dominate the global market for intelligent traffic management systems in 2017 and the trend is expected to continue throughout the assessment period. In addition, the region’s market is projected to witness a sound growth over 2026. Rapid adoption of advanced traffic management solution in the U.S. and Canada is playing an important role in driving the growth of the market in the region.
On the basis of product type, the integrated urban traffic control system segment will remain highly attractive over 2026. The segment currently accounts for more than 16% share of the global market for intelligence traffic management, which is expected to increase to nearly 22% share towards the end of assessment period, expanding at a robust growth rate. This segment is set to increase at over US$ 1,000 Mn annually over the course of the forecast period.
On the basis of spennder type, the federal and provincial government segment is expected to retain its leading position over 2026. Currently, the segment commands for more 53% share of the market and is projected to exhibit an above-average CAGR between 2017 and 2026. This is primarily owing to increasing uptake of intelligence traffic management systems in public transits systems.
Based on component, the detectors & sensors segment will remain dominant in 2017 and beyond. This segment is expected surpass a market valuation of US$ 4,500 Mn by 2026-end, exhibiting a compound annual growth rate (CAGR) of 14.4%.
Read More Trending Reports of Fact.MR-
https://www.einpresswire.com/article/557143001/worldwide-revenue-share-of-undercarriage-components-for-mini-excavators-is-expected-to-account-nearly-us-6-5-billion
Report Benefits & Key Questions Answered
Intelligent Traffic Management System Company & brand share analysis: The report offers in-depth Intelligent Traffic Management System brand share analysis to estimate percentage of the market covered by Tier 1, Tier 2, and Tier 3 companies
Intelligent Traffic Management System Historical volume analysis: The report offers a comparative analysis between historic sales of Intelligent Traffic Management System and projected sales performance for 2021-2031
Intelligent Traffic Management System Category & segment level analysis: Fact MR presents a comprehensive analysis of factors enabling sales growth across key segments. It underscores chief growth drivers and offers valuable information to identify sales prospects a local and regional levels
Intelligent Traffic Management System
Consumption by demographics: To offer informed recommendation, the report studies behavior and consumption pattern of consumers. The demographics analysis is intended at helping business better understand consumer preference and design their product and market strategies around it
Post COVID consumer spending on Intelligent Traffic Management System: The Fact MR market survey carefully studies consumer spending behavior post COVID-19. It gauges how prevailing trends have influenced their behavior, subsequently impacting their spending power
More Valuable Insights on Intelligent Traffic Management System Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Intelligent Traffic Management System, Sales and Demand of Intelligent Traffic Management System, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
Explore Fact.MR’s Comprehensive Coverage on Automotive Domain:
Ground Support Equipment Tires Market - https://www.factmr.com/report/ground-support-equipment-tires-market
Automotive Steering Rack Market – https://www.factmr.com/report/automotive-steering-rack-market
Automotive Steering Shaft Market – https://www.factmr.com/report/automotive-steering-shaft-market
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Why is China Witnessing Upward Growth in Intelligent Traffic Management Systems - Exclusive Report by Fact.MR here
News-ID: 2507660 • Views: …
More Releases from Fact.MR
Insights into the Medical Gloves Market to Exceed US$ 27 Billion by 2034
The global medical gloves market (医療用手袋市場) is projected to reach a valuation of over US$ 27,141.5 million by 2034, growing from an estimated worth of US$ 11,299 million in 2024, with a forecasted compound annual growth rate (CAGR) of 9.2% until 2034.
The increasing emphasis on hygiene and infection control, particularly in healthcare environments, is driving demand for medical gloves. This demand is further fueled by stringent regulations governing healthcare standards.…
Aerial Inspection Services Market is accelerate at a CAGR of 17.5% to top US$ 9. …
The global Aerial Inspection Services is expected to reach a value of US$ 1.9 billion and is projected to grow at a compound annual growth rate (CAGR) of 17.5% over the next decade, reaching US$ 9.5 billion by 2033.Drone inspection services dominate this market, accounting for approximately 90.0% of the total aerial inspection services sector. Moreover, this segment represents a significant portion, around 25.0%, of the broader drone services market,…
Bioink Market Expected to Reach US$ 1.03 Billion by 2034 with 18.8% CAGR
In 2024, the global bioink market (バイオインク市場) is estimated at US$ 185.6 million. Forecasts project a remarkable Compound Annual Growth Rate (CAGR) of 18.8%, catapulting the demand for bioinks to reach a substantial market value of US$ 1.03 billion by 2034.
Recent years have witnessed a consistent rise in the necessity for organ replacements and tissue regeneration. Innovations in these fields are anticipated to facilitate the transformation of damaged tissues into…
Bonded Magnet Market is forecast to reach a valuation of US$ 10.9 Billion by 203 …
The Bonded Magnet Market is currently valued at around US$ 5.1 billion, and it is expected to experience substantial growth in the coming years. Projections suggest that the market will reach a valuation of US$ 10.9 billion by 2032, growing at an impressive compound annual growth rate (CAGR) of 7.8% from 2022 to 2032.
Bonded magnets play a significant role in the global magnet market, accounting for approximately 14% of its…
More Releases for Management
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will…
Cloud Project Portfolio Management Market Report 2018: Segmentation by Applicati …
Global Cloud Project Portfolio Management market research report provides company profile for CA Technologies (New York, U.S.), HPE (California, U.S.), Changepoint Corporation (Richmond Hill, Ontario), Clarizen, Inc. (California, U.S.), Microsoft Corporation (Washington, U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
Prescriptive analytics Market Outlook 2025 focus On: Risk Management, Operation …
A detailed market study on "Global Prescriptive analytics Market" examines the performance of the Prescriptive analytics Market. It encloses an in-depth Research of the Prescriptive analytics Market state and the competitive landscape globally. This report analyzes the potential of Prescriptive analytics Market in the present and the future prospects from various prospective in detail.
Get Free Sample Report@ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-prescriptive-analytics-market
Prescriptive analytics market accounted for USD 1.20 billion growing at a CAGR of…
Facility Management Market Solutions & Services (Real Estate & Lease Management, …
ReportsWeb.com added “Global Facility Management Market to 2025” to its vast collection of research Database. The report classifies the global Facility Management Market in a precise manner to offer detailed insights into the aspects responsible for augmenting as well as restraining market growth.
Facility Management is an essential part which handles all functions related to enterprise and helps in streaming all the operations with reducing cost. Managing life cycle management of…
Worldwide Current Trend and Future Growth Telecom Expense Management Market by S …
“Telecom Expense Management (TEM) report is a pin point market guide. This report includes Past, Present and QY Reaserch Market Trends Reviews based on both output/volume and revenue and giving the reader an atomistic view of the industry.”
The report for Global Telecom Expense Management (TEM) Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry…
Telecom Expense Management Market Analysis For Financial Management, Order Manag …
The telecom expense management (TEM) market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast period and 2015 is the base year. The report covers all the major trends and technologies playing a key role in telecom expense management market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said…
