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Market Research Report

Traffic Sensors

Published by Global Industry Analysts, Inc. Product code 939523
Published Content info 205 Pages
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Traffic Sensors
Published: July 1, 2020 Content info: 205 Pages
Description

Global Traffic Sensors Market to Reach US$428.5 Million by the Year 2027

Amid the COVID-19 crisis, the global market for Traffic Sensors estimated at US$258.1 Million in the year 2020, is projected to reach a revised size of US$428.5 Million by 2027, growing at a CAGR of 7.5% over the analysis period 2020-2027.Inductive loops, one of the segments analyzed in the report, is projected to grow at a 6.8% CAGR to reach US$30 Million by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Piezoelectric sensors segment is readjusted to a revised 7.4% CAGR for the next 7-year period. This segment currently accounts for a 11.1% share of the global Traffic Sensors market.

The U.S. Accounts for Over 29.6% of Global Market Size in 2020, While China is Forecast to Grow at a 7% CAGR for the Period of 2020-2027

The Traffic Sensors market in the U.S. is estimated at US$76.3 Million in the year 2020. The country currently accounts for a 29.57% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$74.7 Million in the year 2027 trailing a CAGR of 7% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7% and 6.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR while Rest of European market (as defined in the study) will reach US$74.7 Million by the year 2027.

Image sensors Segment Corners a 9.5% Share in 2020

In the global Image sensors segment, USA, Canada, Japan, China and Europe will drive the 8.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$19.7 Million in the year 2020 will reach a projected size of US$34.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$49.4 Million by the year 2027.We bring years of research experience to this 8th edition of our report. The 205-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • AGD Systems Ltd.
  • Axis Communications AB
  • Diablo Controls Inc.
  • Efkon AG
  • FLIR Systems, Inc.
  • Image Sensing Systems, Inc.
  • International Road Dynamics, Inc.
  • Jenoptik AG
  • Kapsch TrafficCom AG
  • Kistler Group
  • LeddarTech Inc.
  • Miovision Technologies Inc.
  • Q-Free ASA
  • Raytheon Company
  • Sensys Network, Inc.
  • SICK AG
  • Siemens AG
  • SWARCO AG
  • TE Connectivity Ltd.
  • TransCore
Table of Contents
Product Code: MCP15277

TABLE OF CONTENTS

  • I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Automotive Industry Boosts Demand for IoT Sensors
  • Current and Future Transport Disruption
  • Future Growing Smart Road Transportation Technology
  • Sensors Technology Drives Intelligent Transport Systems
  • Global Competitor Market Shares
  • Traffic Sensor Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Driving Factors of Traffic Management
  • Globalization, Population Growth, and Urbanization Overwhelming Transportation Systems
  • 5G Technology Drives Road Safety
  • AI Technology Bolster Road Safety
  • Innovations in Traffic Lights Technology Make Roads More Safer
  • Smart Roads and Highways
  • Innovation Shapes the Future of Transportation Technologies

4. GLOBAL MARKET PERSPECTIVE

  • TABLE 1: Traffic Sensors Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 2: Traffic Sensors Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
  • TABLE 3: Traffic Sensors Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
  • TABLE 4: Inductive loops (Type) World Market by Region/Country in US$ Thousand: 2020 to 2027
  • TABLE 5: Inductive loops (Type) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 6: Inductive loops (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 7: Piezoelectric sensors (Type) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
  • TABLE 8: Piezoelectric sensors (Type) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 9: Piezoelectric sensors (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
  • TABLE 10: Image sensors (Type) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
  • TABLE 11: Image sensors (Type) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2012 to 2019
  • TABLE 12: Image sensors (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 13: Infrared sensors (Type) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2020 to 2027
  • TABLE 14: Infrared sensors (Type) Market Historic Review by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 15: Infrared sensors (Type) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 16: LiDAR sensors (Type) World Market by Region/Country in US$ Thousand: 2020 to 2027
  • TABLE 17: LiDAR sensors (Type) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 18: LiDAR sensors (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 19: Radar sensors (Type) World Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020 to 2027
  • TABLE 20: Radar sensors (Type) Market Worldwide Historic Review by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 21: Radar sensors (Type) Market Percentage Share Distribution by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 22: Magnetic sensors (Type) Market Opportunity Analysis Worldwide in US$ Thousand by Region/Country: 2020 to 2027
  • TABLE 23: Magnetic sensors (Type) Global Historic Demand in US$ Thousand by Region/Country: 2012 to 2019
  • TABLE 24: Magnetic sensors (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 25: Acoustic Sensors (Type) World Market by Region/Country in US$ Thousand: 2020 to 2027
  • TABLE 26: Acoustic Sensors (Type) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 27: Acoustic Sensors (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 28: Thermal sensors (Type) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
  • TABLE 29: Thermal sensors (Type) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019
  • TABLE 30: Thermal sensors (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
  • TABLE 31: Bending plates (Type) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
  • TABLE 32: Bending plates (Type) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2012 to 2019
  • TABLE 33: Bending plates (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 34: Vehicle Measurement and Profiling (Application) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
  • TABLE 35: Vehicle Measurement and Profiling (Application) Global Historic Analysis in US$ Thousand by Region/Country: 2012-2019
  • TABLE 36: Vehicle Measurement and Profiling (Application) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 37: Weigh in Motion (Application) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027
  • TABLE 38: Weigh in Motion (Application) Analysis of Historic Sales in US$ Thousand by Region/Country for the Years 2012 to 2019
  • TABLE 39: Weigh in Motion (Application) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027
  • TABLE 40: Traffic Monitoring (Application) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
  • TABLE 41: Traffic Monitoring (Application) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
  • TABLE 42: Traffic Monitoring (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
  • TABLE 43: Automated Tolling (E-Toll) (Application) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
  • TABLE 44: Automated Tolling (E-Toll) (Application) Historic Demand Patterns in US$ Thousand by Region/Country: 2012-2019
  • TABLE 45: Automated Tolling (E-Toll) (Application) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

  • GEOGRAPHIC MARKET ANALYSIS
  • UNITED STATES
    • Market Facts & Figures
    • US Traffic Sensor Market Share (in %) by Company: 2019 & 2025
    • Market Analytics
    • TABLE 46: United States Traffic Sensors Market Estimates and Projections in US$ Thousand by Type: 2020 to 2027
    • TABLE 47: Traffic Sensors Market in the United States by Type: A Historic Review in US$ Thousand for 2012-2019
    • TABLE 48: United States Traffic Sensors Market Share Breakdown by Type: 2012 VS 2020 VS 2027
    • TABLE 49: United States Traffic Sensors Latent Demand Forecasts in US$ Thousand by Application: 2020 to 2027
    • TABLE 50: Traffic Sensors Historic Demand Patterns in the United States by Application in US$ Thousand for 2012-2019
    • TABLE 51: Traffic Sensors Market Share Breakdown in the United States by Application: 2012 VS 2020 VS 2027
  • CANADA
    • TABLE 52: Canadian Traffic Sensors Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027
    • TABLE 53: Canadian Traffic Sensors Historic Market Review by Type in US$ Thousand: 2012-2019
    • TABLE 54: Traffic Sensors Market in Canada: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027
    • TABLE 55: Canadian Traffic Sensors Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027
    • TABLE 56: Traffic Sensors Market in Canada: Summarization of Historic Demand Patterns in US$ Thousand by Application for 2012-2019
    • TABLE 57: Canadian Traffic Sensors Market Share Analysis by Application:
  • 2012 VS 2020 VS 2027
  • JAPAN
    • TABLE 58: Japanese Market for Traffic Sensors: Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027
    • TABLE 59: Traffic Sensors Market in Japan: Historic Sales Analysis in US$ Thousand by Type for the Period 2012-2019
    • TABLE 60: Japanese Traffic Sensors Market Share Analysis by Type: 2012 VS 2020 VS 2027
    • TABLE 61: Japanese Demand Estimates and Forecasts for Traffic Sensors in US$ Thousand by Application: 2020 to 2027
    • TABLE 62: Japanese Traffic Sensors Market in US$ Thousand by Application: 2012-2019
    • TABLE 63: Traffic Sensors Market Share Shift in Japan by Application:
  • 2012 VS 2020 VS 2027
  • CHINA
    • TABLE 64: Chinese Traffic Sensors Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027
    • TABLE 65: Traffic Sensors Historic Market Analysis in China in US$ Thousand by Type: 2012-2019
    • TABLE 66: Chinese Traffic Sensors Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
    • TABLE 67: Chinese Demand for Traffic Sensors in US$ Thousand by Application: 2020 to 2027
    • TABLE 68: Traffic Sensors Market Review in China in US$ Thousand by Application: 2012-2019
    • TABLE 69: Chinese Traffic Sensors Market Share Breakdown by Application: 2012 VS 2020 VS 2027
  • EUROPE
    • Market Facts & Figures
    • European Traffic Sensor Market: Competitor Market Share Scenario (in %) for 2019 & 2025
    • Market Analytics
    • TABLE 70: European Traffic Sensors Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027
    • TABLE 71: Traffic Sensors Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019
    • TABLE 72: European Traffic Sensors Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
    • TABLE 73: European Traffic Sensors Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027
    • TABLE 74: Traffic Sensors Market in Europe in US$ Thousand by Type: A Historic Review for the Period 2012-2019
    • TABLE 75: European Traffic Sensors Market Share Breakdown by Type: 2012 VS 2020 VS 2027
    • TABLE 76: European Traffic Sensors Addressable Market Opportunity in US$ Thousand by Application: 2020-2027
    • TABLE 77: Traffic Sensors Market in Europe: Summarization of Historic Demand in US$ Thousand by Application for the Period 2012-2019
    • TABLE 78: European Traffic Sensors Market Share Analysis by Application:
  • 2012 VS 2020 VS 2027
  • FRANCE
    • TABLE 79: Traffic Sensors Market in France by Type: Estimates and Projections in US$ Thousand for the Period 2020-2027
    • TABLE 80: French Traffic Sensors Historic Market Scenario in US$ Thousand by Type: 2012-2019
    • TABLE 81: French Traffic Sensors Market Share Analysis by Type: 2012 VS 2020 VS 2027
    • TABLE 82: Traffic Sensors Quantitative Demand Analysis in France in US$ Thousand by Application: 2020-2027
    • TABLE 83: French Traffic Sensors Historic Market Review in US$ Thousand by Application: 2012-2019
    • TABLE 84: French Traffic Sensors Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027
  • GERMANY
    • TABLE 85: Traffic Sensors Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Type for the Period 2020-2027
    • TABLE 86: German Traffic Sensors Historic Market Analysis in US$ Thousand by Type: 2012-2019
    • TABLE 87: German Traffic Sensors Market Share Breakdown by Type: 2012 VS 2020 VS 2027
    • TABLE 88: Traffic Sensors Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by Application for the Period 2020-2027
    • TABLE 89: German Traffic Sensors Market in Retrospect in US$ Thousand by Application: 2012-2019
    • TABLE 90: Traffic Sensors Market Share Distribution in Germany by Application: 2012 VS 2020 VS 2027
  • ITALY
    • TABLE 91: Italian Traffic Sensors Market Growth Prospects in US$ Thousand by Type for the Period 2020-2027
    • TABLE 92: Traffic Sensors Historic Market Analysis in Italy in US$ Thousand by Type:
  • 2012-2019
    • TABLE 93: Italian Traffic Sensors Market by Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
    • TABLE 94: Italian Demand for Traffic Sensors in US$ Thousand by Application: 2020 to 2027
    • TABLE 95: Traffic Sensors Market Review in Italy in US$ Thousand by Application:
  • 2012-2019
    • TABLE 96: Italian Traffic Sensors Market Share Breakdown by Application:
  • 2012 VS 2020 VS 2027
  • UNITED KINGDOM
    • TABLE 97: United Kingdom Market for Traffic Sensors: Annual Sales Estimates and Projections in US$ Thousand by Type for the Period 2020-2027
    • TABLE 98: Traffic Sensors Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Type for the Period 2012-2019
    • TABLE 99: United Kingdom Traffic Sensors Market Share Analysis by Type: 2012 VS 2020 VS 2027
    • TABLE 100: United Kingdom Demand Estimates and Forecasts for Traffic Sensors in US$ Thousand by Application: 2020 to 2027
    • TABLE 101: United Kingdom Traffic Sensors Market in US$ Thousand by Application: 2012-2019
    • TABLE 102: Traffic Sensors Market Share Shift in the United Kingdom by Application: 2012 VS 2020 VS 2027
  • REST OF EUROPE
    • TABLE 103: Rest of Europe Traffic Sensors Market Estimates and Forecasts in US$ Thousand by Type: 2020-2027
    • TABLE 104: Traffic Sensors Market in Rest of Europe in US$ Thousand by Type: A Historic Review for the Period 2012-2019
    • TABLE 105: Rest of Europe Traffic Sensors Market Share Breakdown by Type: 2012 VS 2020 VS 2027
    • TABLE 106: Rest of Europe Traffic Sensors Addressable Market Opportunity in US$ Thousand by Application: 2020-2027
    • TABLE 107: Traffic Sensors Market in Rest of Europe: Summarization of Historic Demand in US$ Thousand by Application for the Period 2012-2019
    • TABLE 108: Rest of Europe Traffic Sensors Market Share Analysis by Application: 2012 VS 2020 VS 2027
  • ASIA-PACIFIC
    • TABLE 109: Traffic Sensors Market in Asia-Pacific by Type: Estimates and Projections in US$ Thousand for the Period 2020-2027
    • TABLE 110: Asia-Pacific Traffic Sensors Historic Market Scenario in US$ Thousand by Type: 2012-2019
    • TABLE 111: Asia-Pacific Traffic Sensors Market Share Analysis by Type:
  • 2012 VS 2020 VS 2027
    • TABLE 112: Traffic Sensors Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by Application: 2020-2027
    • TABLE 113: Asia-Pacific Traffic Sensors Historic Market Review in US$ Thousand by Application: 2012-2019
    • TABLE 114: Asia-Pacific Traffic Sensors Market Share Analysis: A 17-Year Perspective by Application for 2012, 2020, and 2027
  • REST OF WORLD
    • TABLE 115: Rest of World Traffic Sensors Market Estimates and Forecasts in US$ Thousand by Type: 2020 to 2027
    • TABLE 116: Rest of World Traffic Sensors Historic Market Review by Type in US$ Thousand: 2012-2019
    • TABLE 117: Traffic Sensors Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2012, 2020, and 2027
    • TABLE 118: Rest of World Traffic Sensors Market Quantitative Demand Analysis in US$ Thousand by Application: 2020 to 2027
    • TABLE 119: Traffic Sensors Market in Rest of World: Summarization of Historic Demand Patterns in US$ Thousand by Application for 2012-2019
    • TABLE 120: Rest of World Traffic Sensors Market Share Analysis by Application: 2012 VS 2020 VS 2027

IV. COMPETITION

  • Total Companies Profiled: 46
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