Global Traffic Management Market Size study & Forecast, by Component, by System and Regional Analysis, 2022-2029

List of Tables

Global Traffic Management Market is valued at approximately USD 34.26 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 13.2% over the forecast period 2022-2029.

The traffic management system provides real-time data and it is skilled in scrutinizing as well as it enhances the safety and efficiency of transportation systems. The system offers orderly, safe, and well-organized movement of persons as well as goods to improve the quality of contiguous environment with the traffic management services in order to cut-down the rate of accidents. The Traffic Management market is expanding because of factors such as rising number of vehicles, inadequate infrastructure, government initiatives for effective traffic management and development of smart cities worldwide. However, lack of standardized and uniform technologies to streamline legacy infrastructure may halt market growth.

The prevalence rate and adoption of cars is rising, according to World Economic Forum, the number of cars in year 2015 stood at 1.1 billion which is expected to increase to 1.5 billion cars by year 2025 and it is projected to reach 2.0 billion by year 2040. As a result, the rising number of vehicles worldwide is resulting in rising demand and adoption of traffic management solutions. In addition, increasing concerns about protecting environment with eco-friendly automobile technology, designing and developing smart vehicles compatible with advanced technologies as well as evolving 5G to transform traffic management market are some factors creating lucrative growth for the market.

The key regions considered for the Global Traffic Management Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Among these regions, Asia pacific holds the highest share owing to factors such as rising digitalization, rapid economic growth and development, and increased investments in smart cities. The number of highway projects for smart transportation has expanded as a result of the rapid economic expansion experienced in developing nations like India, China, and Japan. As a result, traffic management is now a key component of the expanding market in this area.

Major market players included in this report are:

Siemens

Huawei

IBM

Cisco

Kapsch Trafficcom

Swarco

Q Free

Thales Group

PTV Group

Teledyne FLIR

Recent Developments in the Market:

In February 2021, Siemens announced the launch of Yunex. The product has been launched under a new brand name as Yunex Traffic.
In November 2021, providers of electrical connections and automation devices used in traffic management, WAGO, and Efftronics have teamed. The agreement was announced with the intention of creating goods and services that may enhance corporate operations.

Global Traffic Management Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Component, System, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Hardware

Solutions

Services

By System:

Urban traffic management & control

Adaptive traffic control system

Journey time management system

Predictive traffic modeling system

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Traffic Management Market by Region, 2019-2029 (USD Billion)
- 1.2.2. Traffic Management Market by Component, 2019-2029 (USD Billion)
- 1.2.3. Traffic Management Market by System, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Traffic Management Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Traffic Management Market Dynamics

3.1. Traffic Management Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising number of vehicles, and inadequate infrastructure
  - 3.1.1.2. Government initiatives for effective traffic management
  - 3.1.1.3. Development of smart cities worldwide
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of standardized and uniform technologies to streamline legacy infrastructure
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing concerns about protecting environment with eco-friendly automobile technology
  - 3.1.3.2. Designing and developing smart vehicles compatible with advanced technologies
  - 3.1.3.3. Evolving 5G to transform traffic management market

Chapter 4. Global Traffic Management Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Traffic Management Market by Component

6.1. Market Snapshot
6.2. Global Traffic Management Market by Component, Performance - Potential Analysis
6.3. Global Traffic Management Market Estimates & Forecasts by Component, 2019-2029 (USD Billion)
6.4. Traffic Management Market Sub Segment Analysis
- 6.4.1. Hardware
- 6.4.2. Solution
- 6.4.3. Services

Chapter 7. Global Traffic Management Market by System

7.1. Market Snapshot
7.2. Global Traffic Management Market by System, Performance - Potential Analysis
7.3. Global Traffic Management Market Estimates & Forecasts by System, 2019-2029 (USD Billion)
7.4. Traffic Management Market Sub Segment Analysis
- 7.4.1. Urban traffic management & control
- 7.4.2. Adaptive traffic control system
- 7.4.3. Journey time management system
- 7.4.4. Predictive traffic modeling system
- 7.4.5. Others

Chapter 8. Global Traffic Management Market Regional Analysis

8.1. Traffic Management Market Regional Market Snapshot
8.2. North America Traffic Management Market
- 8.2.1. U.S. Traffic Management Market
  - 8.2.1.1. Component breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. System breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Traffic Management Market
8.3. Europe Traffic Management Market Snapshot
- 8.3.1. U.K. Traffic Management Market
- 8.3.2. Germany Traffic Management Market
- 8.3.3. France Traffic Management Market
- 8.3.4. Spain Traffic Management Market
- 8.3.5. Italy Traffic Management Market
- 8.3.6. Rest of Europe Traffic Management Market
8.4. Asia-Pacific Traffic Management Market Snapshot
- 8.4.1. China Traffic Management Market
- 8.4.2. India Traffic Management Market
- 8.4.3. Japan Traffic Management Market
- 8.4.4. Australia Traffic Management Market
- 8.4.5. South Korea Traffic Management Market
- 8.4.6. Rest of Asia Pacific Traffic Management Market
8.5. Latin America Traffic Management Market Snapshot
- 8.5.1. Brazil Traffic Management Market
- 8.5.2. Mexico Traffic Management Market
8.6. Rest of The World Traffic Management Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Siemens
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Huawei
- 9.2.3. IBM
- 9.2.4. Cisco
- 9.2.5. Kapsch Trafficcom
- 9.2.6. Swarco
- 9.2.7. Q Free
- 9.2.8. Thales Group
- 9.2.9. PTV Group
- 9.2.10. Teledyne FLIR

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Traffic Management Market report scope
TABLE 2. Global Traffic Management Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Traffic Management Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 4. Global Traffic Management Market estimates & forecasts by System 2019-2029 (USD Billion)
TABLE 5. Global Traffic Management Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Traffic Management Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Traffic Management Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Traffic Management Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Traffic Management Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Traffic Management Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Traffic Management Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Traffic Management Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Traffic Management Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Traffic Management Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Traffic Management Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Traffic Management Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Traffic Management Market
TABLE 70. List of primary sources, used in the study of global Traffic Management Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Traffic Management Market research methodology
FIG 2. Global Traffic Management Market Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Traffic Management Market key trends 2021
FIG 5. Global Traffic Management Market growth prospects 2022-2029
FIG 6. Global Traffic Management Market porters 5 force model
FIG 7. Global Traffic Management Market pest analysis
FIG 8. Global Traffic Management Market value chain analysis
FIG 9. Global Traffic Management Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Traffic Management Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Traffic Management Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Traffic Management Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Traffic Management Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Traffic Management Market regional snapshot 2019 & 2029
FIG 15. North America Traffic Management Market 2019 & 2029 (USD Billion)
FIG 16. Europe Traffic Management Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Traffic Management Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Traffic Management Market 2019 & 2029 (USD Billion)
FIG 19. Global Traffic Management Market company Market share analysis (2021)