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Traffic Sign Recognition System Market, By Component (Hardware, Software, Services), By Vehicle Type (Passenger Cars, Commercial Vehicles, Others), By Type (Road Sign Detection, Traffic Light Detection, Lane Detection, Others), By Electric Vehicle Type (B

Publisher Coherent Market Insights
Published Sep 28, 2023
Length 160 Pages
SKU # CMI18299707

Description

Traffic Sign Recognition System Market, By Component (Hardware, Software, Services), By Vehicle Type (Passenger Cars, Commercial Vehicles, Others), By Type (Road Sign Detection, Traffic Light Detection, Lane Detection, Others), By Electric Vehicle Type (BEVs, HEVs, PHEVs, FCEVs), By Level of Autonomous Driving (Level 1, Level 2 & 3, Level 4, Level 5), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)


Traffic Sign Recognition System Market, By Component (Hardware, Software, Services), By Vehicle Type (Passenger Cars, Commercial Vehicles, Others), By Type (Road Sign Detection, Traffic Light Detection, Lane Detection, Others), By Electric Vehicle Type (BEVs, HEVs, PHEVs, FCEVs), By Level of Autonomous Driving (Level 1, Level 2 & 3, Level 4, Level 5), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)


Traffic sign recognition system is an advanced technology in the field of transportation and automotive safety. It is a system that uses computer vision techniques to detect and interpret traffic signs, allowing vehicles to make informed decisions and enhance road safety. The system utilizes cameras and image processing algorithms to recognize and analyze the traffic signs, providing real-time information to drivers about speed limits, stop signs, pedestrian crossings, and other important road signs.

Market Dynamics:

The traffic sign recognition system market is expected to witness substantial growth in the coming years. The key drivers for this market include the increasing focus on road safety, government regulations mandating the use of advanced driver assistance systems, and the rising adoption of autonomous vehicles. The implementation of traffic sign recognition systems can significantly enhance the capabilities of autonomous vehicles, enabling them to navigate and respond to road signs accurately.

However, there are a few restraints that may hinder the growth of this market. High installation and maintenance costs, technical challenges in accurately detecting and interpreting complex traffic signs, and concerns about data security and privacy are some of the challenges that need to be addressed to drive wider adoption of traffic sign recognition systems.

Despite these challenges, there are significant opportunities for market players in this industry. The growing demand for connected and autonomous vehicles, advancements in computer vision and artificial intelligence technologies, and increasing investments in research and development are expected to create lucrative opportunities for companies operating in the traffic sign recognition system market.

Key features of the study:
  • This report provides in-depth analysis of the global traffic sign recognition system market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global traffic sign recognition system market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Continental, Daimler, Delphi Automotive, Bosch, Denso, Mobileye, ZF Friedrichshafen, and Magna International
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global traffic sign recognition system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global traffic sign recognition system market
Detailed Segmentation:
  • By Component:
  • Hardware
  • Software
  • Services
  • By Type:
  • Road Sign Detection
  • Traffic Light Detection
  • Lane Detection
  • Others
  • By Vehicle Type:
  • Passenger Cars
  • Commercial Vehicles
  • Others
  • By Electric Vehicle Type:
  • BEVs
  • HEVs
  • PHEVs
  • FCEVs
  • By Level of Autonomous Driving:
  • Level 1
  • Level 2 & 3
  • Level 4
  • Level 5
  • By Geography:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Rest of the World
  • Top companies in Traffic Sign Recognition System Market
  • Continental
  • Daimler
  • Delphi Automotive
  • Bosch
  • Denso
  • Itseez
  • Toshiba
  • Mobileye
  • ZF Friedrichshafen
  • Magna International

Table of Contents

160 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Traffic Sign Recognition System, By Component
Market Traffic Sign Recognition System, By Type
Market Traffic Sign Recognition System, By Vehicle Type
Market Traffic Sign Recognition System, By Electric Vehicle Type
Market Traffic Sign Recognition System, By Level of Autonomous Driving
Market Traffic Sign Recognition System, By Geography
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Stringent Road Safety Regulations
High System Costs
Growing Demand for Autonomous Vehicles
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Traffic Sign Recognition System Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Traffic Sign Recognition System Market , By Component, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Hardware
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
6. Traffic Sign Recognition System Market , By Type, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Road Sign Detection
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Traffic Light Detection
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Lane Detection
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
7. Traffic Sign Recognition System Market , By Vehicle Type, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Passenger Cars
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Commercial Vehicles
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
8. Traffic Sign Recognition System Market , By Electric Vehicle Type, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
BEVs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
HEVs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
PHEVs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
FCEVs
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
9. Traffic Sign Recognition System Market , By Level of Autonomous Driving, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2018 – 2030
Segment Trends
Level 1
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Level 2 & 3
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Level 4
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Level 5
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
10. Traffic Sign Recognition System Market , By Region, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2018 –2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Electric Vehicle Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Level of Autonomous Driving, 2023-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Electric Vehicle Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Level of Autonomous Driving, 2023-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Electric Vehicle Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Level of Autonomous Driving, 2023-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Electric Vehicle Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Level of Autonomous Driving, 2023-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Vehicle Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Electric Vehicle Type, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Level of Autonomous Driving, 2023-2030,(US$ Bn)
11. Competitive Landscape
Continental
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Daimler
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Delphi Automotive
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Bosch
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Denso
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Itseez
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Toshiba
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Mobileye
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
ZF Friedrichshafen
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Magna International
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
12. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Traffic Sign Recognition System Market” - Global forecast to 2030

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