Market Research Logo

Global Integrated Traffic Systems Market 2019-2023

Global Integrated Traffic Systems Market: About this market

Integrated smart traffic systems are used for optimizing traffic flow on roadways. Technavio’s integrated traffic systems market analysis considers the adoption of solutions such as traffic monitoring system, traffic control system, and others. In 2018, the traffic monitoring system segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rapid urbanization will play a significant role in the traffic monitoring system segment to maintain its market position. Also, our global integrated traffic systems market looks at factors such as demand for effective traffic management due to the growing number of vehicles, increasing toll road expansion plans, and government initiatives for the development of intelligent transport system. However, higher setup cost and operating cost, risk of errors and security breach, and low product replacement cycle may hamper the growth of the integrated traffic systems industry over the forecast period.

Global Integrated Traffic Systems Market: Overview

Increasing toll road expansion plans

Toll roads across the world are increasingly adopting devices such as LED displays, vehicle detection sensors, speed sensors, and display board sensors to effectively monitor the passage of vehicles. Several governments across the world have announced highway expansion plans as part of their strategic development projects. For instance, the National Highway Authority of India recently awarded the toll managing rights for one of its highways to a major company for thirty years. Many such toll road expansion plans are expected to drive the growth of the global integrated traffic systems market size at a CAGR of over 8% during the forecast period.

Increasing global road traffic congestion

The rise in disposable income of people across the world has increased the sales of vehicles. The increasing number of vehicles has resulted in traffic congestion in urban areas. Several regional governments are implementing various effective techniques such as smart signaling, congestion detection, and electronic toll collection to mitigate traffic congestion. The increase in road traffic congestion across the world will have a positive impact on the growth of the market’s growth.

For the detailed list of factors that will drive the global integrated traffic systems market size during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of a few players, the global integrated traffic systems market is fairly fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several integrated traffic system manufacturers, that include Cubic Corp., FLIR Systems Inc., Kapsch TrafficCom AG, Sumitomo Electric Industries Ltd., and SWARCO AG.

Also, the integrated traffic systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global information technology (IT) spending market
      • Table Segments of global information technology (IT) spending market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Year-over-year growth rate of global intelligent transportation systems market 2018-2021
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by solution
    • Table Solution - Market share 2018-2023 (%)
    • Comparison by solution
      • Table Comparison by solution
    • Traffic monitoring system - Market size and forecast 2018- 2023
      • Table Traffic monitoring system - Market size and forecast 2018-2023 ($ billions)
      • Table Traffic monitoring system - Year-over-year growth 2019-2023 (%)
    • Traffic control system - Market size and forecast 2018-2023
      • Table Traffic control system - Market size and forecast 2018-2023 ($ billions)
      • Table Traffic control system - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ billions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by solution
      • Table Market opportunity by solution
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Motor vehicle production in Europe between 2014 and 2017 (millions of units)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table New vehicle registration in key APAC countries 2017 (millions of units)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ billions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Year-over-year growth of global passenger vehicle market 2018-2022 (percentage)
    • Market challenges
      • Table Average setup cost and maintenance cost of integrated traffic systems in the US in 2017 (per product cost)
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing global road traffic congestion
    • Emergence of smart cities
    • Extensive use of HDR cameras and Ethernet-based ADAS
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Cubic Corp.
      • Table Cubic Corp. - Vendor overview
      • Table Cubic Corp. - Business segments
      • Table Cubic Corp. - Organizational developments
      • Table Cubic Corp. - Geographic focus
      • Table Cubic Corp. - Segment focus
      • Table Cubic Corp. - Key offerings
    • FLIR Systems Inc.
      • Table FLIR Systems Inc. - Vendor overview
      • Table FLIR Systems Inc. - Business segments
      • Table FLIR Systems Inc. - Organizational developments
      • Table FLIR Systems Inc. - Geographic focus
      • Table FLIR Systems Inc. - Segment focus
      • Table FLIR Systems Inc. - Key offerings
    • Kapsch TrafficCom AG
      • Table Kapsch TrafficCom AG - Vendor overview
      • Table Kapsch TrafficCom AG - Business segments
      • Table Kapsch TrafficCom AG - Organizational developments
      • Table Kapsch TrafficCom AG - Geographic focus
      • Table Kapsch TrafficCom AG - Segment focus
      • Table Kapsch TrafficCom AG - Key offerings
    • Sumitomo Electric Industries Ltd.
      • Table Sumitomo Electric Industries Ltd. - Vendor overview
      • Table Sumitomo Electric Industries Ltd. - Business segments
      • Table Sumitomo Electric Industries Ltd. - Organizational developments
      • Table Sumitomo Electric Industries Ltd. - Geographic focus
      • Table Sumitomo Electric Industries Ltd. - Segment focus
      • Table Sumitomo Electric Industries Ltd. - Key offerings
    • SWARCO AG
      • Table SWARCO AG - Vendor overview
      • Table SWARCO AG - Product segments
      • Table SWARCO AG - Organizational developments
      • Table SWARCO AG - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report