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Market Research Report
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922787

Smart Traffic Management System Market Report: Trends, Forecast and Competitive Analysis

Published: | Lucintel | 160 Pages | Delivery time: 1-2 business days

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Smart Traffic Management System Market Report: Trends, Forecast and Competitive Analysis
Published: July 1, 2020
Lucintel
Content info: 160 Pages
Delivery time: 1-2 business days
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  • Table of Contents
Description

The future of the smart traffic management system market looks attractive with opportunities in highway, managed lanes, and others applications. The smart traffic management system market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $13.2 billion by 2025 with a CAGR of 7% to 9% from 2020 to 2025. The major drivers for this market are favorable government initiatives for developing the traffic infrastructure and emergence of smart cities.

  • Emerging trends, which have a direct impact on the dynamics of the smart traffic management system industry, include the growth of adaptive traffic control & traffic analytics and emergence of mobility as a service (MaaS).
  • A total of 77 figures / charts and 64 tables are provided in this 160 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of smart traffic management system market report download the report brochure.
  • In this market, traffic monitoring systems is the largest product type, whereas highway is largest application. Growth in various segments of the smart traffic management system market are given below:
  • Smart Traffic Management System Market by Segments
  • The study includes the trends of smart traffic management system market and forecast for the smart traffic management system market through 2025, segmented by product type, application, and the region as follows:

    Smart Traffic Management System Market by Product [$M shipment analysis from 2014 to 2025]:

    • Traffic Monitoring System
    • Traffic Signal Control System
    • Traffic Enforcement Camera
    • Intelligent Driver Information System
    • Integrated Corridor Management
    • Others

    Smart Traffic Management System Market by Application [$M shipment analysis from 2014 to 2025]:

    • Highway
    • Managed Lanes
    • Others

    Smart Traffic Management System Market by Region [$M shipment analysis for 2014 to 2025]:

    • North America
    • United States
    • Canada
    • Mexico
    • Europe
    • United Kingdom
    • France
    • Germany
    • Russia
    • Asia Pacific
    • Japan
    • China
    • Korea
    • India
    • The Rest of the World
    • Some of the smart traffic management system companies profiled in this report include Kapsch, Siemens, Transcore, Delcan, Q-Free, SwRI, Xerox, SICE, Dynniq, and IBI Group and others.
    • Lucintel forecasts that traffic monitoring system will remain the largest segment due to its usage in controlling traffic infractions, reducing traffic accidents, and detecting potentially dangerous drivers.
    • Within the smart traffic management system market, highway will remain the largest application over the forecast period. The growing trend toward the adoption of smart cities is expected to drive the growth prospects for the highway market.
    • North America will remain the largest region due to increasing adoption of IoT and growing need for real time data among drivers and passengers. APAC region is expected to witness highest growth over the forecast period due to increasing traffic congestions with growth of urbanization.
    • Some of the features of this report:
    • Market size estimates: Smart traffic management system market size estimation in terms of value ($M) shipment.
    • Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by region, application and end user industry
    • Segmentation analysis: Smart traffic management system market size by product type, and application type in terms of value and volume shipment.
    • Regional analysis: Smart traffic management system market breakdown by key regions such as North America, Europe, and Asia & Rest of World.
    • Growth opportunities: Analysis on growth opportunities in different applications and regions of smart traffic management system in the smart traffic management system market.
    • Strategic analysis: This includes M&A, new product development, and competitive landscape of smart traffic management system in the smart traffic management system market.
    • Analysis of competitive intensity of the industry based on Porter's Five Forces model.

    This report answers the following 11 key questions:

    • Q.1 What are some of the most promising, high-growth opportunities for the smart traffic management system by product (traffic monitoring system, traffic signal control system, traffic enforcement camera, intelligent driver information system, and integrated corridor management), by applications (Highway, Managed Lanes, and Others), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
    • Q.2 Which segments will grow at a faster pace and why?
    • Q.3 Which regions will grow at a faster pace and why?
    • Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the smart traffic management system market?
    • Q.5 What are the business risks and threats to the smart traffic management system market?
    • Q.6 What are the emerging trends in this smart traffic management system market and the reasons behind them?
    • Q.7 What are some changing demands of customers in the smart traffic management system market?
    • Q.8 What are the new developments in the smart traffic management system market? Which companies are leading these developments?
    • Q.9 Who are the major players in this smart traffic management system market? What strategic initiatives are being implemented by key players for business growth?
    • Q.10 What are some of the competitive products and processes in this smart traffic management system area and how big of a threat do they pose for loss of market share via product substitution?
    • Q.11 What M&A activity has occurred in the last 5 years in this smart traffic management system market?
    • Report Scope
    • Key Features Description
    • Base Year for Estimation 2019
    • Trend Period
    • (Actual Estimates) 2014-2019
    • Forecast Period 2020-2025
    • Pages 160
    • Market Representation / Units Revenue in US $ Billion and Volume in Million Units
    • Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling
    • Market Segments By product type (traffic monitoring system, traffic signal control system, traffic enforcement camera, intelligent driver information system, and integrated corridor management), by applications (Highway, Managed Lanes, and Others)
    • Regional Scope North America (The United States, Canada, and Mexico), Europe (the UK, France, Germany, and Russia), Asia Pacific (Japan, China, Korea, and India), and RoW
    • Customization 10% Customization Without any Additional Cost
    Table of Contents

    Table of Contents

    1. Executive Summary

    2. Market Background and Classifications

    • 2.1: Introduction, Background, and Classifications
    • 2.2: Usage of Smart Traffic Management System
    • 2.3: Supply Chain
    • 2.4: Industry Drivers and Challenges

    3. Market Trends and Forecast Analysis from 2014 to 2025

    • 3.1: Macroeconomic Trends and Forecast
    • 3.2: Smart Traffic Management System Market Trends and Forecast
    • 3.3: Smart Traffic Management System Market by Product Type
      • 3.3.1: Traffic Monitoring Systems
      • 3.3.2: Traffic Signal Control System
      • 3.3.3: Traffic Enforcement Camera
      • 3.3.4: Intelligent Driver Information System
      • 3.3.5: Integrated Corridor Management (ICM)
      • 3.3.6: Others
    • 3.4: Smart Traffic Management System Market by Application
      • 3.4.1: Highway
      • 3.4.2: Managed Lanes
      • 3.4.3: Others

    4. Market Trends and Forecast Analysis by Region

    • 4.1: Smart Traffic Management System Market by Region
    • 4.2: North American Smart Traffic Management System Market
      • 4.2.1: North American Smart Traffic Management System Market by Product
      • 4.2.2: North American Smart Traffic Management System Market by Application
      • 4.2.3: US Smart Traffic Management System Market
      • 4.2.4: Canadian Smart Traffic Management System Market
      • 4.2.5: Mexican Smart Traffic Management System Market
    • 4.3: European Smart Traffic Management System Market
      • 4.3.1: European Smart Traffic Management System Market by Product Type
      • 4.3.2: European Smart Traffic Management System Market by Application
      • 4.3.3: German Smart Traffic Management System Market
      • 4.3.4: Russian Smart Traffic Management System Market
      • 4.3.5: UK Smart Traffic Management System Market
      • 4.3.6: France Smart Traffic Management System Market
    • 4.4: APAC Smart Traffic Management System Market
      • 4.4.1: APAC Smart Traffic Management System Market by Product Type
      • 4.4.2: APAC Smart Traffic Management System Market by Application
      • 4.4.3: China Smart Traffic Management System Market
      • 4.4.4: Japan Smart Traffic Management System Market
      • 4.4.5: South Korea Smart Traffic Management System Market
      • 4.4.6: India Smart Traffic Management System Market
    • 4.5: ROW Smart Traffic Management System Market
      • 4.5.1: ROW Smart Traffic Management System Market by Product Type
      • 4.5.2: ROW Smart Traffic Management System Market by Application

    5. Competitor Analysis

    • 5.1: Product Portfolio Analysis
    • 5.2: Geographical Reach
    • 5.3: Porter's Five Forces Analysis

    6. Growth Opportunities and Strategic Analysis

    • 6.1: Growth Opportunity Analysis
      • 6.1.1: Growth Opportunities for the Smart Traffic Management System Market by Application
      • 6.1.2: Growth Opportunities for the Smart Traffic Management System Market by Product Type
      • 6.1.3: Growth Opportunities for the Smart Traffic Management System Market by Region
    • 6.2: Emerging Trends in the Smart Traffic Management System Market
    • 6.3: Strategy Analysis
      • 6.3.1: New Product Development
      • 6.3.2: Mergers, Acquisitions, Partnership, and Joint Ventures in the Smart Traffic Management System Market

    7. Company Profiles of Leading Players

    • 7.1: Kapsch
    • 7.2: Siemens
    • 7.3: Transcore
    • 7.4: Delcan
    • 7.5: SICE
    • 7.6: ECONOLITE.
    • 7.7: Q-Free ASA
    • 7.8: SwRI
    • 7.9: Dynniq
    • 7.10: IBI Group

    List of Figures

    Chapter 2. Market Background and Classifications

    • Figure 2.1: Video Vehicle-Detection System
    • Figure 2.2: Classification of the Smart Traffic Management System Market
    • Figure 2.3: Supply Chain for the Smart Traffic Management System Market
    • Figure 2.4: Major Drivers and Challenges for the Smart Traffic Management System Market

    Chapter 3. Market Trends and Forecast Analysis from 2014 to 2025

    • Figure 3.1: Trends of the GDP Growth Rate
    • Figure 3.2: Trends of the Population Growth Rate
    • Figure 3.3: Trends of the Inflation Rate
    • Figure 3.4: Trends of the Unemployment Rate
    • Figure 3.5: Trends of the Regional GDP Growth Rate
    • Figure 3.6: Trends of the Regional Population Growth Rate
    • Figure 3.7: Trends of the Regional Inflation Rate
    • Figure 3.8: Trends of the Regional Unemployment Rate
    • Figure 3.9: Regional Per Capita Income Trends
    • Figure 3.10: Forecast for the GDP Growth Rate
    • Figure 3.11: Forecast for the Population Growth Rate
    • Figure 3.12: Forecast for the Inflation Rate
    • Figure 3.13: Forecast for the Unemployment Rate
    • Figure 3.14: Forecast for the Regional GDP Growth Rate
    • Figure 3.15: Forecast for the Regional Population Growth Rate
    • Figure 3.16: Forecast for the Regional Inflation Rate
    • Figure 3.17: Forecast for the Regional Unemployment Rate
    • Figure 3.18: Forecast for Regional Per Capita Income
    • Figure 3.19: Trends and Forecast for the Smart Traffic Management System Market (2014-2025)
    • Figure 3.20: Trends of the Smart Traffic Management System Market ($M) by Product Type (2014-2020)
    • Figure 3.23: Forecast for the Traffic Management System Market ($M) by Product Type (2020-2025)
    • Figure 3.22: Trends and Forecast for Traffic Monitoring System in the Smart Traffic Management System Market ($M) (2014-2025)
    • Figure 3.23: Trends and Forecast for Traffic Signal Control System in the Smart Traffic Management System Market ($M) (2014-2025)
    • Figure 3.24: Trends and Forecast for Traffic Enforcement Camera in the Smart Traffic Management System Market ($M) (2014-2025)
    • Figure 3.25: Trends and Forecast for Intelligent Driver Information System in the Smart Traffic Management System Market ($M) (2014-2025)
    • Figure 3.26: Trends and Forecast for Integrated Corridor Management in the Smart Traffic Management System Market ($M) (2014-2025)
    • Figure 3.27: Trends and Forecast for Others System in the Smart Traffic Management System Market ($M) (2014-2025)
    • Figure 3.28: Trends of the Smart Traffic Management System Market ($M) by Application (2014-2020)
    • Figure 3.29: Forecast for the Smart Traffic Management System Market ($M) by Application (2020-2025)
    • Figure 3.30: Trends and Forecast for Highway Application in the Smart Traffic Management System Market ($M) (2014-2025)
    • Figure 3.31: Trends and Forecast for Managed Lanes Application in the Smart Traffic Management System Market ($M) (2014-2025)
    • Figure 3.32: Trends and Forecast for the Others Application in the Smart Traffic Management System Market (2014-2025)

    Chapter 4. Market Trends and Forecast Analysis by Region

    • Figure 4.1: Trends of the Smart traffic management system market ($M) by Region (2014-2020)
    • Figure 4.2: Forecast for the Smart traffic management system market ($M) by Region (2020-2025)
    • Figure 4.3: Trends and Forecast for the North American Smart Traffic Management System Market (2014-2025)
    • Figure 4.4: Trends of the North American Smart Traffic Management System Market ($M) by Product (2014-2020)
    • Figure 4.5: Forecast for the North American Smart Traffic Management System Market ($M) by Product (2020-2025)
    • Figure 4.6: Trends of the North American Smart Traffic Management System Market ($M) by Application (2014-2020)
    • Figure 4.7: Forecast for the North American Smart Traffic Management System Market ($M) by Application (2020-2025)
    • Figure 4.8: Trends and Forecast for the United States Smart Traffic Management System Market (2014-2025)
    • Figure 4.9: Trends and Forecast for the Canadian Smart Traffic Management System Market (2014-2025)
    • Figure 4.10: Trends and Forecast for the Mexican Smart Traffic Management System Market (2014-2025)
    • Figure 4.11: Trends and Forecast for the European Smart Traffic Management System Market (2014-2025)
    • Figure 4.12: Trends of the European Smart Traffic Management System Market ($M) by Product Type (2014-2020)
    • Figure 4.13: Forecast for the European Smart Traffic Management System Market ($M) by Product Type (2020-2025)
    • Figure 4.14: Trends of the European Smart Traffic Management System Market ($M) by Application (2014-2020)
    • Figure 4.15: Forecast for the European Smart Traffic Management System Market ($M) by Application (2020-2025)
    • Figure 4.16: Trends and Forecast for the German Smart Traffic Management System Market (2014-2025)
    • Figure 4.17: Trends and Forecast for the Russian Smart Traffic Management System Market (2014-2025)
    • Figure 4.18: Trends and Forecast for the UK Smart Traffic Management System Market (2014-2025)
    • Figure 4.19: Trends and Forecast for France Smart Traffic Management System Market (2014-2025)
    • Figure 4.20: Trends and Forecast for the APAC Smart Traffic Management System Market (2014-2025)
    • Figure 4.21: Trends of the APAC Smart Traffic Management System Market ($M) by Product Type (2014-2020)
    • Figure 4.22: Forecast for the APAC Smart Traffic Management System Market ($M) by Product Type (2020-2025)
    • Figure 4.23: Trends of the APAC Smart Traffic Management System Market ($M) by Application (2014-2020)
    • Figure 4.24: Forecast for the APAC Smart Traffic Management System Market ($M) by Application (2020-2025)
    • Figure 4.25: Trends and Forecast for the China Smart Traffic management System Market (2014-2025)
    • Figure 4.26: Trends and Forecast for the Japan Smart Traffic management System Market (2014-2025)
    • Figure 4.27: Trends and Forecast for the South Korean Smart Traffic Management System Market (2014-2025)
    • Figure 4.28: Trends and Forecast for the India Smart Traffic management System Market (2014-2025)
    • Figure 4.29: Trends and Forecast for the ROW Smart Traffic Management System Market (2014-2025)
    • Figure 4.30: Trends of the ROW Smart Traffic Management System Market ($M) by Product Type (2014-2020)
    • Figure 4.31: Forecast for the ROW Smart Traffic Management System Market ($M) by Product Type (2014-2020)
    • Figure 4.32: Trends of the ROW Smart Traffic management System Market ($M) by Application (2014-2020)
    • Figure 4.33: Forecast for the ROW Smart Traffic management System Market ($M) by Application (2020-2025)

    Chapter 5. Competitor Analysis

    • Figure 5.1: Headquarter Locations of Major Smart Traffic Management System Manufacturers
    • Figure 5.2: Porter's Five Forces Analysis of the Smart Traffic Management System Market

    Chapter 6. Growth Opportunities and Strategic Analysis

    • Figure 6.1: Growth Opportunities for the Smart Traffic Management System Market by Application (2020-2025)
    • Figure 6.2: Growth Opportunities for the Smart Traffic Management System Market by Product Type (2020-2025)
    • Figure 6.4: Growth Opportunities for the Smart Traffic Management System Market by Region (2020-2025)
    • Figure 6.5: Emerging Trends in the Smart Traffic Management System Market
    • Figure 6.6: Mobility as a Service

    List of Tables

    Chapter 1. Executive Summary

    • Table 1.1: Smart Traffic Management System Market Parameters and Attributes

    Chapter 3. Market Trends and Forecast Analysis from 2014 to 2025

    • Table 3.1: Market Trends of the Smart Traffic Management System Market (2014-2020)
    • Table 3.2: Market Forecast for the Smart Traffic Management Systems Market (2020-2025)
    • Table 3.3: Market Size and CAGR of Various Product Types of the Smart Traffic Management System Market by Value (2014-2020)
    • Table 3.4: Market Size and CAGR of Various Product Types of the Smart Traffic Management System Market by Value (2020-2025)
    • Table 3.5: Market Trends of Traffic Monitoring System in the Smart Traffic Management System Market (2014-2020)
    • Table 3.6: Market Forecast for Traffic Monitoring System in the Smart Traffic Management System Market (2020-2025)
    • Table 3.7: Market Trends of the Traffic Signal Control System Market (2014-2020)
    • Table 3.8: Market Forecast for the Traffic Signal Control System Market (2020-2025)
    • Table 3.9: Market Trends of the Traffic Enforcement Camera Market (2014-2020)
    • Table 3.10: Market Forecast for the Traffic Enforcement Camera (2020-2025)
    • Table 3.11: Market Trends of the Intelligent Driver Information System Market (2014-2020)
    • Table 3.12: Market Forecast for the Intelligent Driver Information System (2020-2025)
    • Table 3.13: Market Trends of the Integrated Corridor Management Market (2014-2020)
    • Table 3.14: Market Forecast for the Integrated Corridor Management (2020-2025)

    Table 3.15: Market Trends of the Others Smart Traffic Management System Market (2014-2020)

  • Table 3.16: Market Forecast for the Others Smart Traffic Management System Market (2020-2025) Table 3.17: Market Size and CAGR of Various Application in the Smart Traffic Management System Market (2014-2020)
  • Table 3.18: Market Size and CAGR of Various Application in the Smart Traffic Management System Market (2020-2025)
  • Table 3.19: Market Trends of the Highway Application in the Smart Traffic Management System Market (2014-2020)
  • Table 3.20: Market Forecast for the Highway Application in the Smart Traffic Management System Market (2020-2025)
  • Table 3.21: Market Trends of the Managed Lanes Application in the Smart Traffic Management System Market (2014-2020)
  • Table 3.22: Market Forecast for Managed Lanes Application in the Smart Traffic Management System Market (2020-2025)
  • Table 3.23: Market Trends of Others Application in the Smart Traffic Management System Market (2014-2020)
  • Table 3.24: Market Forecast for Others Application in the Smart Traffic Management System Market (2020-2025)

    Chapter 4. Market Trends and Forecast Analysis by Region

    • Table 4.1: Market Size and CAGR of the Smart Traffic Management System Market by Region (2014-2020)
    • Table 4.2: Market Size and CAGR of the Smart Traffic Management System Market by Region (2020-2025)
    • Table 4.3: Market Trends of the North American Smart Traffic Management System Market (2014-2020)
    • Table 4.4: Market Forecast for the North American Smart Traffic Management System Market (2020-2025)
    • Table 4.5: Market Size and CAGR of Various Product of the North American Smart Traffic Management System Market (2014-2020)
    • Table 4.6: Market Size and CAGR of Various Product of the North American Smart Traffic Management System Market (2020-2025)
    • Table 4.7: Market Size and CAGR of Various Application of the North American Smart Traffic Management System Market (2014-2020)
    • Table 4.8: Market Size and CAGR of Various Application of the North American Smart Traffic Management System Market (2020-2025)
    • Table 4.9: Trends and Forecast for the United States Smart Traffic Management System Market (2014-2025)
    • Table 4.10: Trends and Forecast for the Canadian Smart Traffic Management System Market (2014-2025)
    • Table 4.11: Trends and Forecast for the Mexican Smart Traffic Management System Market (2014-2025)
    • Table 4.12: Market Trends of the European Smart Traffic Management System Market (2014-2020)
    • Table 4.13: Market Forecast for the European Smart Traffic Management System Market (2020-2025)
    • Table 4.14: Market Size and CAGR of Various Product of the European Smart Traffic Management System Market (2014-2020)
    • Table 4.15: Market Size and CAGR of Various Product of the European Smart Traffic Management System Market (2020-2025)
    • Table 4.16: Market Size and CAGR of Various Application of the European Smart Traffic Management System Market (2014-2020)
    • Table 4.17: Market Size and CAGR of Various Application of the European Smart Traffic Management System Market (2020-2025)
    • Table 4.18: Trends and Forecast for the German Smart Traffic Management System Market (2014-2025)
    • Table 4.19: Trends and Forecast for the Russian Smart Traffic Management System Market (2014-2025)
    • Table 4.20: Trends and Forecast for the UK Smart Traffic Management System Market (2014-2025)
    • Table 4.21: Trends and Forecast for the Smart Traffic Management System Market
    • Table 4.22: Market Trends of the APAC Smart Traffic Management System Market (2014-2020)
    • Table 4.23: Market Forecast for the APAC Smart Traffic Management System Market (2020-2025) Table 4.24: Market Size and CAGR of Various Product of the APAC Smart Traffic Management System Market (2014-2020)
    • Table 4.25: Market Size and CAGR of Various Product of the APAC Smart Traffic Management System Market (2020-2025)
    • Table 4.26: Market Size and CAGR of Various Application of the APAC Smart Traffic Management System Market (2014-2020)
    • Table 4.27: Market Size and CAGR of Various Application of the APAC Smart Traffic Management System Market (2020-2025)
    • Table 4.28: Trends and Forecast for the China Smart Traffic Management System Market (2014-2025) Table 4.29: Trends and Forecast for the Japan Smart Traffic Management System Market (2014-2025)
    • Table 4.30: Trends and Forecast for the South Korean Smart Traffic Management System Market (2014-2025)
    • Table 4.31: Trends and Forecast for the India Smart Traffic Management System Market (2014-2025)
    • Table 4.32: Market Trends of the ROW Smart Traffic Management System Market
    • Table 4.33: Market Forecast for the ROW Smart t Traffic Management System Market (2020-2025)
    • Table 4.34: Market Size and CAGR of Various Product of the ROW Smart Traffic Management System Market (2014-2020)
    • Table 4.35: Market Size and CAGR of Various Product of the ROW Smart Traffic Management System Market (2020-2025)
    • Table 4.36: Market Size and CAGR of Various Application of the ROW Smart Traffic Management System Market (2014-2020)
    • Table 4.37: Market Size and CAGR of Various Application of the ROW Smart Traffic Management System Market (2020-2025)

    Chapter 5. Competitor Analysis

    • Table 5.1: Product Mapping of a Suppliers Based on Markets Served

    Chapter 6. Growth Opportunities and Strategic Analysis

    • Table 6.1: New Product Launches by Major Smart Traffic Management System Producers (2014-2019)