The rising global population is increasing the number of vehicles plying on the roads, thus increasing the traffic-density and incidences of road accident. A sound traffic management system needs to be in place in every country, with industrialization speeding up. Increasing employment further boosts demand for such systems wherein the economically population can manage their time efficiently. Traffic management systems offer real-time data and ability to analyze and respond immediately. Based on solutions, the traffic management market can be classified into five categories, namely extra low voltage (ELV) solutions, intersection controllers, full pedestrian solutions, LED signal retrofit solutions, and parking space and ticketing management solutions.
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The Global Traffic Management System market is forecast to grow at a CAGR of +21% over the forecast period.
This market research report delves deep into the Global Traffic Management System Market. It highlights the recent market scenario, growth in the past few years, and opportunities for manufacturers in the future.
The research methods and tools used in the completion of this study are both primary and secondary research.
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The study further presents details on the investments initiated by several organizations, institutions, government, and non-government bodies.
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Companies Profiled in this report includes
Accenture PLC,Cellint,Cisco Systems , Cubic Corporation, Efkon AG, Iteris, IBM, Indra Sistemas, Kapsch Trafficcom AG, LG CNS, Metro Infrasys, Q-Free ASA, Siemens AG, Swarco AG, and among others.
The Global Traffic Management Systems Market is highly fragmented with a number of vendors. The market is characterized by the presence of well-diversified international, regional, and local players.
While several projects are already underway in the developed world, many companies in this market are looking to launch their products in developing economies as well. These regions pose a growing demand for advanced and intelligent Traffic Management Systems.
There are several regional players in this market who are expected to account for a significant portion of the market share during the forecast period.
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Objective to Access the Report:
A majority of players in the Global Traffic Management System Market are focusing towards product differentiation in order to stay ahead. Several key players are collaborating and partnering as go-to strategies to maintain their position in the market.
Besides this, players are also banking on unconventional production technologies, which is projected to unfold immense opportunities for market growth. With the demand for the market products following a healthy growth trajectory, the competitive rivalry in the market is likely to intensify in the near future.
However, a seven-year review period has been taken into consideration for assessing global sales price. A parallel pattern of analysis has been practiced for evaluating sales and capacity factors that include growth rate.
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Table of Contents
Global Traffic Management System Market Research Report 2017
Chapter 1 Global Traffic Management System Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast
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