openPR Logo
Press release

Adaptive Traffic Control System Market to Surpass Valuation of US$ 21.9 Bn by 2030 - Transparency Market Research

08-09-2022 01:07 PM CET | IT, New Media & Software

Press release from: transparencymarketresearch

Adaptive Traffic Control System Market to Surpass Valuation

Transparency Market Research delivers key insights on the global adaptive traffic control system market. In terms of revenue, the global adaptive traffic control system market is estimated to expand at a CAGR of ~18% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global adaptive traffic control system market.

Get Report Details- https://www.transparencymarketresearch.com/adaptive-traffic-control-system-market.html

Adaptive traffic control systems refer to the management of elements on roads, which control most of the traffic in such a way that those elements work according to real-time traffic conditions of roads. Traffic signals are the most important control system, which controls most of the traffic; changing their timings according to real time traffic conditions detected by sensors or CCTV cameras can greatly reduce congestion and increase safety and mobility of roads.

Request Sample- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=73696

Traffic is increasing exponentially due to the rising number of city dwellers and advancements in the automotive sector, making traffic management systems an inevitable part of every city. As a result, the adaptive traffic control systems market is anticipated to witness healthy growth rate during the forecast period.

Adaptive Traffic Control System Market: Dynamics

Based on the current scenario, the transportation sector is having a fairly positive impact on the adaptive traffic control system market, owing to increasing use of personal transport during COVID-19. Therefore, demand and adoption of intelligent traffic management systems or adaptive traffic control systems has increased in cities and municipalities. For instance, according to Aldridge Traffic Controllers, a provider of transportation solutions, since COVID-19 started, demand for ATSC4 traffic signal controller products is significantly increasing across the globe. The company has delivered many ATSC4 traffic signal controllers both locally and offshore. People will not probably continue to use buses and trains like before due to COVID-19. Currently, people prefer private cars or bicycles as a means of transport. Hence, traffic or air pollution is expected to increase. This is increasing spending on adaptive traffic control systems across the globe.

Request Customization- https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=73696

Adaptive Traffic Control System Market: Prominent Regions

The adaptive traffic control system market in North America is expected to expand during the forecast period, owing to the presence of key market players and technological advancements. Increasing smart city initiatives and rapid advancement in technology help in increasing the demand for advanced traffic management systems in the region. Furthermore, increasing number of contracts signed between governments of the region and companies in North America also fuels growth of the market within the region. The adaptive traffic control system market in Europe is projected to witness favorable growth during the forecast period, due to significant adoption of adaptive traffic control systems in the region. The Asia Pacific market is likely to expand during the forecast period, owing to increasing government initiatives for the development of smart cities and smart traffic systems in the region.

Enquiry Before Buying- https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=73696

Adaptive Traffic Control System Market: Key Players

Key players operating in the global adaptive traffic control system market are IBM Corporation, Siemens AG, Atkins Group (SNC-Lavalin Group Inc.), Johnson Controls, TransCore Atlantic LLC , Swarco Holding , Kapsch TrafficCom AG, Cubic Corporation, Aldridge Traffic Controllers Pty Limited, Analog & Digital Labs, CMS Computers Limited, IntelliVision (Nortek Security & Control LLC.), EFKON India Private Limited, Digicon S/A, Efftronics Systems Pvt. Ltd., Onnyx Electronisys Pvt. Ltd., and SOCIEDAD IBÉRICA DE CONSTRUCCIONES ELÉCTRICAS, S.A.

More Trending Reports By Transparency Market Research-

· SCADA Market - https://www.transparencymarketresearch.com/global-scada-market.html

· Managed Security Services Market - https://www.transparencymarketresearch.com/managed-security-services-market.html

· Mobile Wallet Market - https://www.transparencymarketresearch.com/mobile-wallet.html

· Smart Home Market - https://www.transparencymarketresearch.com/smart-homes-market.html

· Enterprise Mobility Market - https://www.transparencymarketresearch.com/enterprise-mobility-market.html

· Digital Experience Monitoring [DEM]
Market - https://www.transparencymarketresearch.com/digital-experience-monitoring-dem-market.html

· Edutainment Market - https://www.transparencymarketresearch.com/edutainment-market.html

· Sales Enablement Software Market - https://www.transparencymarketresearch.com/sales-enablement-software-market.html

About Transparency Market Research

Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers market analysis reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit our YouTube channel -

https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact Us:

Rohit Bhisey

Transparency Market Research Inc.

CORPORATE HEADQUARTER DOWNTOWN,

1000 N. West Street,

Suite 1200, Wilmington, Delaware 19801 USA

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Website: https://www.transparencymarketresearch.com

Blog: https://tmrblog.com

Email: sales@transparencymarketresearch.com

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 Adaptive Traffic Control System Market to Surpass Valuation of US$ 21.9 Bn by 2030 - Transparency Market Research here

News-ID: 2701408 • Views:

More Releases from transparencymarketresearch

Insulation Materials Market Size to Exceed USD 167.5 billion By 2031, Growing CA …
The global insulation materials market is poised for significant growth between 2023 and 2031, driven by various factors such as increasing construction activities, stringent energy efficiency regulations, and growing awareness regarding sustainable building practices. Insulation materials play a crucial role in maintaining thermal comfort, reducing energy consumption, and minimizing carbon emissions, making them indispensable in various industries and applications. The global insulation materials market was valued at US$ 104.4 billion in
Metal Roofing Market Size & Share to Surpass USD 25.8 billion by 2031, at a CAGR …
The global metal roofing market is poised for significant expansion from 2023 to 2031, driven by the growing construction industry, increasing awareness regarding the benefits of metal roofing, and rising demand for sustainable building materials. This article provides a comprehensive analysis of the market, covering aspects such as market overview, segmentation, regional analysis, drivers, challenges, trends, future outlook, key study points, competitive landscape, and recent developments. The global metal roofing market
Virtual Pipeline Systems Market is Growing at 6.2% CAGR to Surpass USD 2.4 billi …
The virtual pipeline systems industry was estimated to be worth US$ 1.4 billion by 2022. A CAGR of 6.2% is projected from 2023 to 2031. The virtual pipeline systems market is expected to reach US$ 2.4 billion by the end of 2031. The prevalence of small-scale LNG projects is increasing, often accompanied by virtual pipeline systems. By providing a more economical and scalable solution than larger LNG facilities, these projects target
Electronic Adhesives Market Size to be Worth USD 5.6 billion by 2031, with Notab …
The electronic adhesives industry was worth US$ 5.3 billion in 2022. By 2031, the market is estimated to reach US$ 5.6 billion. The market is expected to rise at a CAGR of 6.7% during the forecast period. The development of smart manufacturing and Industry 4.0 concepts has increased the demand for adhesives that support efficient and automated assembly processes. NASA (National Aeronautics and Space Administration) states that the most essential and

All 5 Releases


More Releases for Traffic

Traffic and Road Signs Market 2022 Statistics, Trend & Growth Forecast To 2028 | …
" The Traffic and Road Signs global market is thoroughly researched in this report, noting important aspects like market competition, global and regional growth, market segmentation and market structure. The report author analysts have estimated the size of the global market in terms of value and volume using the latest research tools and techniques. The report also includes estimates for market share, revenue, production, consumption, gross profit margin, CAGR, and other
Traffic Signs Market Competitive Insights and Precise Outlook 2022 – USA Traff …
This Global Traffic Signs Market Report 2022 aims at providing an overview of competitive developments such as novel product releases, acquisitions and agreements in the market. It discusses key factors, which enhance market drivers, growth and upcoming challenges. It functions as a prospective source for business participants as well as stakeholders to attain the upper hand. Industry analysis individual growth advancements are two most significant factors captured in this study
Global Traffic Signs Market 2019  Segmented by Types, Applications, End Users, …
Global Traffic Signs Market Research Report 2019 to 2024 segmented by product type, applications and offers complete Traffic Signs details including recent trends, Traffic Signs statistics, and growth factors. An in-depth study of leading Traffic Signs market players, supply chain scenario, business strategies and Traffic Signs development scenario is presented in this report. Various factors like Traffic Signs growth scenario, value chain analysis, deployment status and Traffic Signs industry landscape
Solar Traffic Signs Market Growth Prediction 2019 ( Solar Traffic Controls, Sola …
Global Solar Traffic Signs Market 2019 Research Report Recently published by Market.Biz that is Categories in the Automotive industry. It conveys best research report of key players, competitive analysis, margin rate, Region wise sale analysis of global Solar Traffic Signs industry. The report covers inclusive details of distinct segments like product or service type, applications based on regional marketplaces. The global Solar Traffic Signs market research report provides a deep determination
Global Traffic Sign Recognition Systems Market Trend, Traffic Sign Recognition S …
ReportsMonitor.com has added Global Traffic Sign Recognition Systems Market Professional Survey Report 2017 This report studies Traffic Sign Recognition Systems Market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 20Traffic Sign Recognition Systems. This report focuses on top manufacturers in global Traffic Sign Recognition Systems Market, with production, price, revenue and
Global Traffic Sign Market 2017 - USA Traffic Signs, Swarco Traffic, Novelis, Mc …
Traffic Sign Market Research Report A market study based on the " Traffic Sign Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Traffic Sign Market 2017’. The research report analyses the historical as well as present performance of the worldwide Traffic Sign industry, and makes predictions on the future status of Traffic Sign market on the basis of this analysis. Request For Sample