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Strategic Analysis of the Advanced Traffic Management Systems Market in Western EuropePublished by: Frost & Sullivan Published: May. 31, 2007 - 98 Pages Table of Contents
AbstractThe Frost & Sullivan research service titled Strategic Analysis of Advanced Traffic Management Systems in Western Europe provides opportunity analysis in other parts of the world, technological roadmap and emerging market trends. In this research, Frost & Sullivan's expert analysts thoroughly examine the following: traffic sensor or detector markets, video image processors and coordinated signal systems market.Increasing Need to Minimise Traffic Congestion and Pollution Levels Driving Growth Heightened concerns over increasing traffic congestion and pollution are providing a major fillip for the implementation of advanced traffic management systems (ATMS) across Western Europe. In the period form 2005 to 2006, motorists in the United Kingdom alone experienced a total delay of 31.3 million hours in 10 per cent of journeys across the region, and this is expected to rise to 25 per cent by 2015. Furthermore, in order to achieve their aim of bringing down Co2 emission levels by 130 g/Km, EU governments are laying greater stress on the improvement of existing traffic management systems and their deployment in areas where they are non-existent. Such concerns and measures are expected to drive the demand for ATMS throughout the forecast period. Nevertheless, budgetary constraints remain a major impediment to the further implementation of ATMS. Given their limited budgets, local authorities are less likely to experiment on new measures that are not tried and tested. "Moreover, in countries such as Scandinavia, government bodies are looking for solutions that involve the use of cost-effective technologies to bring about reduction in traffic volumes and simultaneously save money," notes the analyst of this research service. "For instance, the use of overhead detectors reduces digging costs that are borne for fitting loop detectors." Market Consolidation Leading to End-to-end Solution Providers With regard to market trends, there has been a notable increase in the level of partnerships between system integrators and local suppliers of detection systems throughout western Europe. Many of the integrators are beginning to introduce their own products. Siemens, for example manufactures its own detectors, image processors and coordinated signal systems along with installation process. This allows government bodies to save the extra costs of looking for individual suppliers. In the future, system integrators are likely to buy out more supplier companies to extend the value chain and attain economies of scale by reducing the cost of single systems and increasing supply volumes. Such consolidations are also likely to help improve margins. Among the product segments, video detection is gaining pace with significant advances in technology related to improving the processing power and flexibility of applications in the traffic detection markets. This emerging product segment is likely to witness a compound annual growth rate (CAGR) of 3.0 percent over 2006 to 2015 and is expected to grow significantly by 2015. "With an eye on reducing installation costs, loop detection systems are gradually being replaced by overhead sensors, and as such, the detector segment is gaining pace," says the analyst. "Coordinated signal systems account for 30 per cent of the market for urban systems and are expected to witness stable growth from 2006 to 2015 due to demand for new systems and replacement of systems on the road network." Get Full Details About This Report >> |
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