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Rising Smart City Projects Fueling The Growth Of The Market Due To Increasing Need For Sustainable And Safe Urban Infrastructure: Powering Innovation and Expansion in the Global Smart Motion-Activated Crosswalk Market by 2025
Smart Motion Activated Crosswalk Market
What Is the Expected CAGR for the Smart Motion-Activated Crosswalk Market Through 2025?
The market for smart motion-activated crosswalks has seen a quick escalation in its size in the past few years. It is expected to expand from $2.04 billion in 2024 to $2.38 billion in 2025, with a compound annual growth rate (CAGR) of 16.6%. The significant growth during the historical period is primarily due to heightened concerns regarding pedestrian safety, escalating urban traffic jams, augmented investments in smart city infrastructure, an increase in road mishaps involving pedestrians, and a surge in demand for real-time traffic monitoring.
What's the Projected Size of the Global Smart Motion-Activated Crosswalk Market by 2029?
The market value for intelligent motion-detecting crosswalks is projected to experience significant expansion in the upcoming years, potentially reaching a valuation of $4.35 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 16.3%. This rise in the forecasted timeframe is linked to the escalating application of customized traffic systems, the growing utilization of artificial intelligence in traffic regulation, the spread of public-sector safety measures, increasing emphasis on making cities more walkable, and heightened need for automated pedestrian identification. Key advancements anticipated in the forecast period encompass improved motion-sensing tech, enhanced integration of traffic signals and surveillance cameras, creation of systems for crosswalks that leverage solar power, inventive LED signalling, and the crafting of real-time pedestrian data analysis platforms.
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Top Growth Drivers in the Smart Motion-Activated Crosswalk Industry: What's Accelerating the Market?
The proliferation of smart city projects is anticipated to fuel the expansion of the market for smart motion-activated crosswalks. A smart city uses digital technology and data-centric solutions to enhance efficiency, reduce expenses, and minimize resource usage. The surge in smart city projects is attributed to the increasing need for sustainable urban infrastructure that boosts efficiency, connectivity, and quality of life. Incorporating a smart motion-activated crosswalk in these projects increases pedestrian safety and traffic efficiency by automatically sensing movement and enabling signals or lights for safer crossings. For example, in April 2023, the Smart City Index Report released by IMD Business School in Switzerland indicated a 16.3% rise in the number of smart cities, going up from 118 in 2021 to 141 in 2023. Consequently, the burgeoning of smart city ventures spearheads the growth of the market for smart motion-activated crosswalks.
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What Trends Will Shape the Smart Motion-Activated Crosswalk Market Through 2029 and Beyond?
Leading corporations in the smart motion-activated crosswalk market are advancing AI-powered crosswalk technologies to identify pedestrians, predict vehicle movement, and fine-tune signal timing for enhanced traffic safety and fluidity. The AI-powered crosswalk technology employs artificial intelligence in conjunction with sensors and cameras to track the movement of pedestrians and vehicles in real-time, making necessary adjustments to signals or alerts to improve safety and streamline traffic. For example, in February 2025, Peachtree Corners, a US government website, teamed up with ConnVAS, an Israeli company with expertise in advanced pedestrian and traffic safety solutions, to initiate a pilot program implementing AI-powered crosswalk technology. This system uses artificial intelligence to spot pedestrians and cyclists who aim to use the crosswalk, as well as oncoming vehicles. This anticipatory approach maximizes safety by notifying drivers and pedestrians in real-time, even if the user hasn't manually activated the warning system.
What Are the Main Segments in the Smart Motion-Activated Crosswalk Market?
The smart motion-activated crosswalk market covered in this report is segmented as
1) By Product Type: Embedded Sensors, Infrared-Based Systems, Camera-Based Systems, Other Product Types
2) By Technology: Wireless, Wired
3) By Distribution Channel: Direct Sales, Distributors, Online Sales, Other Distribution Channels
4) By Application: Urban Roads, School Zones, Commercial Areas, Residential Areas, Other Applications
5) By End-User: Municipalities, Transportation Authorities, Private Developers, Other End-Users
Subsegment:
1) By Embedded Sensors: Pressure Sensors, Ultrasonic Sensors, Microwave Or Radar Sensors
2) By Infrared-Based Systems: Active Infrared Sensors, Passive Infrared Sensors (PIR), Thermal Infrared Sensors
3) By Camera-Based Systems: Monocular Camera Systems, Stereo Camera Systems, Artificial Intelligence (AI) Or Computer Vision-Enabled Cameras
4) By Other Product Types: LiDAR-Based Systems, Acoustic Sensors, Hybrid Or Multimodal Detection Systems
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Which Top Companies are Driving Growth in the Smart Motion-Activated Crosswalk Market?
Major companies operating in the smart motion-activated crosswalk market are Siemens Mobility GmbH, LACROIX Group SE, Iteris Inc., Televes S.A.U., Econolite Group Inc., Sinowatcher Technology Co. Ltd., Sensys Networks Inc., Ekin Smart City Solutions Inc., Clearview Intelligence Ltd., LED Solutions LLP, K&K Systems Inc., Aldridge Traffic Controllers Pty Ltd., Solar Lighting International Inc., LightGuard Systems Inc., UNILIGHT GmbH, Bercman Technologies AS, SmartRoadSystem Ltd., ELTEC Elektronik AG (Electrotechnics Corp.), Marlin Controls Inc., Onnyx Electronisys Pvt. Ltd.
Which Regions Will Dominate the Smart Motion-Activated Crosswalk Market Through 2029?
North America was the largest region in the smart motion-activated crosswalk market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in smart motion-activated crosswalk report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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