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Traffic Management Market to 2025 - Global Analysis and Forecasts by Solution and Detection

Publication Month: Jul 2018 | No. of Pages: 150 | Report Code: TIPTE100000196 | Category: Technology, Media and Telecomunications | Status: Upcoming
       
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  • Today, majority of population travelling on daily basis face the problem of traffic. Due to rising level in number of vehicles running on road, the traffic congestion has become intolerable resulting in emergence of effective and efficient traffic management system. Government and Municipal Corporation of various regions share the common traffic management issue. Also, these days due to rising disposable income, a person’s ability to buy expensive commodities has increased, thus, leading to more than one car in a single house. The global traffic management system is expected to experience high growth in demand in next few years.

    Rapid growth in sales of commercial vehicles and passenger cars, rising number of travelers, bolstering tourism industry and increasing road accidents are some of the major factors driving the traffic management market. The trending intermodal traffic management systems, increasing commercial drones’ demand, growing demand for vehicle-to-infrastructure (V2I) and vehicle-to-vehicle (V2V) communication and rising need of innovative smart parking management is expected to drive the growth of global traffic management market next few years.

    Deployment of data analytical tools for real-time traffic management, and route guidance, JTM (Journey Time Monitoring), etc., by travelers on mobile devices such as smartphones and tablets are emerging as the vital functional areas that are increasing the usage of traffic management technology. Some of the limitations faced by the traffic management market are lack of transformation and funding interruption. The alteration of the traffic management technology would require the installation of new system, hardware and solutions. The emerging numbers of smart cities and the IoT technology is expected to open new opportunities for the market.

    The traffic management is segmented on the basis of solutions, detection and regions. The solution segment of the market includes retrofit solutions & LED signals, full pedestrians, ELV (End-of-Life Vehicle), parking space management & toll management. The retrofit solutions refer to up gradation of already existing traffic signals that may have become obsolete, also ELV (Extra Low Voltage) solution for traffic signal accounts for a healthy market share because of its ability of low power consumption and better performance. The parking management is expected to dramatically affect the reduction of traffic congestion, half of the time the traffic is created because of the difficulty faced by the drivers in finding the appropriate parking. Therefore parking managements captures a healthy market share in solutions segment of parking management market. The detection segment is further bifurcated into loop detection, above ground pedestrian and vehicles detection (AGPVD), automatic number plate detection (ANPR) and closed circuit television (CCTV) has accounted for maximum coverage in detection segment of traffic management market. Due to lack of awareness and costing issues with other detection technologies, they have lesser share in the market. Based upon the regions the market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. Asia-Pacific is expected to grow rapidly during the forecast period. Rising utilization of internet has caused change in traffic management service and solutions in APAC. Furthermore, the growing population has caused several traffic issues such as traffic accidents and congestion, resulting in increased acceptance of traffic management solutions. North America has also captured notable share of the traffic management system market globally.

    However, because of increasing adoption of cloud based technology and SaaS many companies are now capable of providing large number of traffic management solutions to fulfil the customer requirements. Some of the key vendors in this market are IBM Corporation, GE Transportation, TraffiCom, Cisco Systems Inc., Siemens AG, Kapsch AG, Alstom SA, Cubic Corporation, Cellint Traffic Solution, LG CNS, among others.

    1 Table of Contents
    1.1 List of Tables
    1.2 List of Figures

    2 Introduction
    2.1 The Insight Partners Research Report Guidance

    3 Key Takeaways

    4 Traffic Management Market Landscape
    4.1 Overview
    4.2 Definitions
    4.3 Market Segmentation
    4.3.1 By Solution
    4.3.2 By Detection
    4.3.3 By Regions
    4.3.3.1 By Countries
    4.4 Value Chain Analysis

    5 Traffic Management Market – Key Industry Dynamics
    5.1 Key Market Drivers
    5.2 Key Market Restraints
    5.3 Key Market Opportunities
    5.4 Future Trends

    6 Traffic Management Market – Five Forces Analysis
    6.1 Porters Five Forces Analysis
    6.1.1 Bargaining Power of Suppliers
    6.1.2 Bargaining Power of Buyers
    6.1.3 Threat of Substitutes
    6.1.4 Threat of New Entrants
    6.1.5 Degree of Competition

    7 Traffic Management Market – Competitive Landscape
    7.1 Global Traffic Management Market Sales Revenue (US$ Bn), 2014 – 2025
    7.2 Traffic Management Market – Market Share Analysis of Market Positioning of Key Players, 2015
    7.2.1 Global Traffic Management Market, Market Share or Market Positioning of Key Players, 2015
    7.2.2 Traffic Management Market, Key Players by Region

    8 Global Traffic Management Market Revenue and Forecasts to 2025 – Solution
    8.1 Overview
    8.1.1 Segment Share (%), 2015 & 2025
    8.2 Retrofit Solutions & LED signals
    8.2.1 Overview
    8.2.2 Global Retrofit Solutions & LED signals Market Revenue and Forecasts to 2025 (US$ Bn)
    8.3 Full pedestrians
    8.3.1 Overview
    8.3.2 Global Full Pedestrian Market Revenue and Forecasts to 2025 (US$ Bn)
    8.4 ELV (End-of-Life Vehicle)
    8.4.1 Overview
    8.4.2 Global ELV (End-of-Vehicle) Market Revenue and Forecasts to 2025 (US$ Bn)
    8.5 Parking space management & Toll management
    8.5.1 Overview
    8.5.2 Global Parking space management & Toll Management Market Revenue and Forecasts to 2025 (US$ Bn)

    9 Global Traffic Management Market Revenue and Forecasts to 2025 – Detection
    9.1 Overview
    9.1.1 Segment Share (%), 2015 & 2025
    9.2 Cloud Based
    9.2.1 Overview
    9.2.2 Global Cloud Based Market Revenue and Forecasts to 2025 (US$ Bn)
    9.3 On-Premise
    9.3.1 Overview
    9.3.2 Global On-Premise Market Revenue and Forecasts to 2025 (US$ Bn)

    10 Global Traffic Management Market Revenue and Forecasts to 2025 – Geographical Analysis
    10.1 Overview
    10.1.1 Segment Share (%), 2015 & 2025
    10.2 North America
    10.2.1 Overview
    10.2.1.1 Segment Share (%), 2015 & 2025
    10.2.2 U.S.
    10.2.2.1 U.S. Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.2.3 Canada
    10.2.3.1 Canada Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.2.4 Mexico
    10.2.4.1 Mexico Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.3 Europe
    10.3.1 Overview
    10.3.1.1 Segment Share (%), 2015 & 2025
    10.3.2 France
    10.3.2.1 France Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.3.3 Germany
    10.3.3.1 Germany Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.3.4 Italy
    10.3.4.1 Italy Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.3.5 Spain
    10.3.5.1 Spain Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.3.6 U.K
    10.3.6.1 U.K Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.3.7 Rest of Europe
    10.3.7.1 Rest of Europe Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.4 Asia Pacific (APAC)
    10.4.1 Overview
    10.4.1.1 Segment Share (%), 2015 & 2025
    10.4.2 Australia
    10.4.2.1 Australia Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.4.3 China
    10.4.3.1 China Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.4.4 India
    10.4.4.1 India Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.4.5 Japan
    10.4.5.1 Japan Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.4.6 Rest of APAC
    10.4.6.1 Rest of APAC Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.5 Middle East & Africa (MEA)
    10.5.1 Overview
    10.5.1.1 Segment Share (%), 2015 & 2025
    10.5.2 Saudi Arabia
    10.5.2.1 Saudi Arabia Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.5.3 South Africa
    10.5.3.1 South Africa Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.5.4 UAE
    10.5.4.1 UAE Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.5.5 Rest of MEA
    10.5.5.1 Rest of MEA Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.6 South America (SAM)
    10.6.1 Overview
    10.6.1.1 Segment Share (%), 2015 & 2025
    10.6.2 Brazil
    10.6.2.1 Brazil Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)
    10.6.3 Rest of SAM
    10.6.3.1 Rest of SAM Traffic Management Market Revenue Forecasts to 2025 (US$ Bn)

    11 Global Traffic Management Market, Key Company Profiles
    11.1 IBM Corporation
    11.1.1 Key Facts
    11.1.2 Business Description
    11.1.3 Financial Overview
    11.1.4 SWOT Analysis
    11.1.5 Key Developments
    11.2 GE Transportation.
    11.2.1 Key Facts
    11.2.2 Business Description
    11.2.3 Financial Overview
    11.2.4 SWOT Analysis
    11.2.5 Key Developments
    11.3 TraffiCom
    11.3.1 Key Facts
    11.3.2 Business Description
    11.3.3 Financial Overview
    11.3.4 SWOT Analysis
    11.3.5 Key Developments
    11.4 Cisco Systems Inc.
    11.4.1 Key Facts
    11.4.2 Business Description
    11.4.3 Financial Overview
    11.4.4 SWOT Analysis
    11.4.5 Key Developments
    11.5 Siemens AG
    11.5.1 Key Facts
    11.5.2 Business Description
    11.5.3 Financial Overview
    11.5.4 SWOT Analysis
    11.5.5 Key Developments
    11.6 Kapsch AG
    11.6.1 Key Facts
    11.6.2 Business Description
    11.6.3 Financial Overview
    11.6.4 SWOT Analysis
    11.6.5 Key Developments
    11.7 LG CNS
    11.7.1 Key Facts
    11.7.2 Business Description
    11.7.3 Financial Overview
    11.7.4 SWOT Analysis
    11.7.5 Key Developments
    11.8 Cubic Corporation
    11.8.1 Key Facts
    11.8.2 Business Description
    11.8.3 Financial Overview
    11.8.4 SWOT Analysis
    11.8.5 Key Developments
    11.9 Cellint Traffic Solution
    11.9.1 Key Facts
    11.9.2 Business Description
    11.9.3 Financial Overview
    11.9.4 SWOT Analysis
    11.9.5 Key Developments

    12 Appendix
    12.1 About The Insight Partners
    12.2 Glossary of Terms
    12.3 Methodology
    12.3.1 Coverage
    12.3.2 Secondary Research
    12.3.3 Primary Research
    12.4 Contact Us
    12.5 Disclaimer

    Companies Mentioned
    IBM Corporation
    GE Transportation.
    TraffiCom
    Cisco Systems Inc.
    Siemens AG
    Kapsch AG
    LG CNS
    Cubic Corporation
    Cellint Traffic Solution