This report studies the global Traffic Management Systems market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Traffic Management Systems market by companies, region, type and end-use industry.
Traffic management systems refer to the IT solutions provided by vendors to improve the traffic flow and enhance passenger safety. The traffic management systems consume data from disparate sources such as road sensors, CCTV cameras, and traffic control centers. The systems process these data and generate useful information, which is passed on to end-users such as passengers, traffic control agencies, and police stations. Traditionally, traffic management systems helped to save time and reduce wastage of fuel by reducing traffic congestion. However, with the advances in communication technologies and the inter net, the traffic management systems now help users in more widely applications by building a whole traffic networking.
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With the rising population and vehicles, traffic safety has become increasingly important, which drives the demand for traffic management systems growing.
From 2010 to 2014, due to the intellectualization of traffic management systems, global traffic management systems industry developed fast with near 13.5~17.5% growth rate. As for China, because of the late start, traffic management systems industry has experienced an explosive growth, the growth rate is higher than 17.5% and average growth rate reached to 20%.
In the next years, it is estimated that traffic management systems industry will continue developing rapidly and the global revenue will reach to near 9.5 billion USD, while the same data will be 4.3 billion USD in China.
Due to the high opportunities in the R&D and sales of traffic management systems, in the future, there will be more and more investors entering into this industry.
Competition becomes more intense in traffic management systems industry, and providers will face the high risk of further price and gross margin decline in the future.
In 2017, the global Traffic Management Systems market size was 1490 million US$ and it is expected to reach 2980 million US$ by the end of 2025, with a CAGR of 9.1% during 2018-2025.
This report focuses on the global top players, covered
China ITS (Holdings)
China Shipping Network Technology
The study objectives of this report are:
To study and forecast the market size of Traffic Management Systems in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each sub market with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Traffic Management Systems are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Traffic Management Systems Manufacturers
Traffic Management Systems Distributors/Traders/Wholesalers
Traffic Management Systems Subcomponent Manufacturers
With the given market data, QYResearch offers customizations according to the company’s specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Traffic Management Systems market, by end-use.
Detailed analysis and profiles of additional market players.
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