Integrated Traffic Systems Market - 32% of Growth to Originate from Europe | Driven by Demand for Effective Traffic Management due to the Growing Number of Vehicles | Technavio

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Read the 120-page report with TOC on "Integrated Traffic Systems Market Analysis Report by Solution ( Traffic monitoring system, Traffic control system, and Others) & Geography (North America, Europe, APAC, South America, and Middle East and Africa), and the Segment Forecasts,2022-2026". Gain competitive intelligence about market leaders. Track key industry opportunities, trends and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/integrated-traffic-systems-market-industry-analysis

Integrated Traffic Systems Market: Drivers & Challenges

The key factor driving the global integrated traffic systems market growth is the demand for effective traffic management due to the growing number of vehicles. The total number of vehicles on the road crossed 1.2 billion units in 2015. Vehicle manufacturers are also increasing their production volume to tap into available market opportunities. For instance, Toyota planned to start a production facility in Mexico by 2019 to meet the growing demand for sport-utility vehicles (SUVs). In addition, in emerging economies such as China, the reduction in vehicle purchase tax for passenger vehicles with an engine capacity below 1,600 ccs from 10% to 5% in 2015 increased the sales of passenger vehicles in the country between 2015 and 2018. Hence, the growing demand for efficient traffic operations is expected to drive the market during the forecast period.

However, the key challenges to the global integrated traffic systems market growth is the high setup cost and operating cost. A software platform is required to implement an integrated traffic system. Procurement of software capabilities, electronic chips and cameras, and sensors and transponders incur additional costs to manufacturers. Despite the high cost, the market is growing because of various useful functionalities of integrated traffic systems. Moreover, these systems are set up through various funding combinations such as local financing, government funding, and private-public partnership. Thus, the growing global urban population and rising demand for traffic safety needs will drive the demand for integrated traffic systems in the coming years.

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Some of the key Integrated Traffic Systems Players:

The integrated traffic systems market is fragmented and the vendors are deploying growth strategies such as technological innovation to compete in the market.

• Cisco Systems Inc. - 
• Cubic Corp.
• EFKON India Pvt. Ltd.
• Global Traffic Technologies LLC
• IMTAC LLC
• International Business Machines Corp.
• Iteris Inc.
• Jenoptik AG
• Kapsch TrafficCom AG
• LG Corp.
• PTV Planung Transport Verkehr AG
• Samsung Electronics Co. Ltd.
• Siemens AG
• SNC Lavalin Group Inc.
• Sumitomo Electric Industries Ltd.
• SWARCO AG
• Teledyne Technologies Inc.
• Thales Group
• TransCore
• Zhejiang Dahua Technology Co. Ltd.

Integrated Traffic Systems Market -  Segmentation Analysis

Geography Outlook (Revenue, USD bn, 2021-2026)

• North America - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• APAC - size and forecast 2021-2026
• South America - size and forecast 2021-2026
• Middle East and Africa - size and forecast 2021-2026

Solution Outlook (Revenue, USD bn, 2021-2026)

• Traffic monitoring system - size and forecast 2021-2026
• Traffic control system- size and forecast 2021-2026

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Table of Content

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Solution
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Solution

• 5.1 Market segments
• Exhibit 24: Chart on Solution - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Solution - Market share 2021-2026 (%)

• 5.2 Comparison by Solution
• Exhibit 26: Chart on Comparison by Solution
• Exhibit 27: Data Table on Comparison by Solution

• 5.3 Traffic monitoring system - Market size and forecast 2021-2026
• Exhibit 28: Chart on Traffic monitoring system - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on Traffic monitoring system - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on Traffic monitoring system - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Traffic monitoring system - Year-over-year growth 2021-2026 (%)

• 5.4 Traffic control system - Market size and forecast 2021-2026
• Exhibit 32: Chart on Traffic control system - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on Traffic control system - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on Traffic control system - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Traffic control system - Year-over-year growth 2021-2026 (%)

• 5.5 Others - Market size and forecast 2021-2026
• Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ billion)
• Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
• Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Solution
• Exhibit 40: Market opportunity by Solution ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 Japan - Market size and forecast 2021-2026
• Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 Germany - Market size and forecast 2021-2026
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Cisco Systems Inc.
• Exhibit 93: Cisco Systems Inc. - Overview
• Exhibit 94: Cisco Systems Inc. - Business segments
• Exhibit 95: Cisco Systems Inc. - Key news
• Exhibit 96: Cisco Systems Inc. - Key offerings
• Exhibit 97: Cisco Systems Inc. - Segment focus

• 10.4 Cubic Corp.
• Exhibit 98: Cubic Corp. - Overview
• Exhibit 99: Cubic Corp. - Business segments
• Exhibit 100: Cubic Corp. - Key offerings
• Exhibit 101: Cubic Corp. - Segment focus

• 10.5 International Business Machines Corp.
• Exhibit 102: International Business Machines Corp. - Overview
• Exhibit 103: International Business Machines Corp. - Business segments
• Exhibit 104: International Business Machines Corp. - Key offerings
• Exhibit 105: International Business Machines Corp. - Segment focus

• 10.6 Iteris Inc.
• Exhibit 106: Iteris Inc. - Overview
• Exhibit 107: Iteris Inc. - Business segments
• Exhibit 108: Iteris Inc. - Key offerings
• Exhibit 109: Iteris Inc. - Segment focus

• 10.7 Jenoptik AG
• Exhibit 110: Jenoptik AG - Overview
• Exhibit 111: Jenoptik AG - Business segments
• Exhibit 112: Jenoptik AG - Key news
• Exhibit 113: Jenoptik AG - Key offerings
• Exhibit 114: Jenoptik AG - Segment focus

• 10.8 Kapsch TrafficCom AG
• Exhibit 115: Kapsch TrafficCom AG - Overview
• Exhibit 116: Kapsch TrafficCom AG - Business segments
• Exhibit 117: Kapsch TrafficCom AG - Key offerings
• Exhibit 118: Kapsch TrafficCom AG - Segment focus

• 10.9 Sumitomo Electric Industries Ltd.
• Exhibit 119: Sumitomo Electric Industries Ltd. - Overview
• Exhibit 120: Sumitomo Electric Industries Ltd. - Business segments
• Exhibit 121: Sumitomo Electric Industries Ltd. - Key news
• Exhibit 122: Sumitomo Electric Industries Ltd. - Key offerings
• Exhibit 123: Sumitomo Electric Industries Ltd. - Segment focus

• 10.10 SWARCO AG
• Exhibit 124: SWARCO AG - Overview
• Exhibit 125: SWARCO AG - Product / Service
• Exhibit 126: SWARCO AG - Key news
• Exhibit 127: SWARCO AG - Key offerings

• 10.11 Teledyne Technologies Inc.
• Exhibit 128: Teledyne Technologies Inc. - Overview
• Exhibit 129: Teledyne Technologies Inc. - Business segments
• Exhibit 130: Teledyne Technologies Inc. - Key offerings
• Exhibit 131: Teledyne Technologies Inc. - Segment focus

• 10.12 Thales Group
• Exhibit 132: Thales Group - Overview
• Exhibit 133: Thales Group - Business segments
• Exhibit 134: Thales Group - Key offerings
• Exhibit 135: Thales Group - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 136: Inclusions checklist
• Exhibit 137: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 138: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 139: Research methodology
• Exhibit 140: Validation techniques employed for market sizing
• Exhibit 141: Information sources

• 11.5 List of abbreviations
• Exhibit 142: List of abbreviations

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