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Traffic Sensor Market by Type (Inductive Loop, Piezoelectric Sensor, Bending Plate, Image Sensor, Infrared Sensor, Radar Sensor, LiDAR Sensor, Magnetic Sensor, Acoustic Sensor, and Thermal Sensor), Application, and Geography - Global Forecast to 2023

Traffic Sensor Market by Type (Inductive Loop, Piezoelectric Sensor, Bending Plate, Image Sensor, Infrared Sensor, Radar Sensor, LiDAR Sensor, Magnetic Sensor, Acoustic Sensor, and Thermal Sensor), Application, and Geography - Global Forecast to 2023

“The traffic sensor market is likely to grow at a CAGR of 8.94% between 2017 and 2023”
The traffic sensor market is expected to grow from USD 228.0 million in 2017 to USD 381.3 million by 2023, at a CAGR of 8.94% during 2017–2023. The market growth can be attributed to several factors such as the growing need for real-time information systems, government initiatives to modify transport infrastructure, and the increasing urbanization and population. The major restraint for the traffic sensor is the high cost and fulfillment of fundamental requirements for the installation of nonintrusive sensors.

“Inductive loop to hold the largest market share and size, in terms of value, for the traffic sensor market during the forecast period”
Inductive loops are among the most accurate technologies in vehicle counting, and they meet stringent vehicle flow error specifications required for the intelligent transportation system applications. The use of inductive loops with other sensor systems, such as cameras, for attaining a higher efficiency is one of the factors contributing to the largest share of these sensors in the traffic sensor market.

“North America holds the largest share market in 2017, while the market in APAC is expected to grow at the highest rate during the forecast period’
In North America, various traffic problems are increasing day by day due to the increase in a number of vehicles despite a large number of developments during the 2 decades in the field of roadways infrastructure. As a result, the focus of countries all over the world is shifting from the infrastructure development to the best use of infrastructure facilities available. Also, various countries in North America such as the US, Canada, and Mexico have started addressing the traffic issues using traffic sensors for the purposes such as resolving traffic congestion, automation of tolls, vehicle detection, traffic control, and traffic management. Also, various initiatives by several governments to implement various traffic management solutions and intelligent transportation systems.

Various countries in APAC have started addressing traffic issues using traffic sensors for as resolving traffic congestion, automation of tolls, vehicle detection, traffic control, and traffic management. The market in APAC has a high growth potential. The demand for traffic sensors in APAC is significantly driven by the strong economic growth, rising population, and rapid urbanization.

Breakdown of primary participants’ profile by different parameters:
• By Company Type: Tier 1 – 30%, Tier 2 – 45%, and Tier 3 –25%
• By Designation: C-Level Executives – 35%, Directors – 45%, and Others –20%
• By Region: North America – 50%, Europe – 30%, APAC – 10%, and RoW –10%
The key players operating in this market are Kapsch TrafficCom AG (Austria), International Road Dynamics, Inc. (Canada), FLIR Systems, Inc. (US), TE Connectivity Ltd. (Switzerland), Kistler Group (Switzerland), SWARCO AG (Austria), Sick AG (Germany), LeddarTech Inc. (Canada), Axis Communication AB (Sweden), Raytheon Company (US), Sensys Networks, Inc. (US), and Siemens AG (Germany).

Research Coverage:
In this report, various segments such as sensor type, application, and geography have been covered. Moreover, the report discusses the drivers, restraints, opportunities, and challenges for the traffic sensor market players. Furthermore, the report provides a detailed view of the market across four main regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). A competitive analysis section has been included in the report, which provides the details of the visionary leaders, innovators, dynamic differentiators, and emerging players in the traffic sensor market.

Reasons to Buy the Report:
• This report includes the statistics pertaining to the traffic sensor market in terms of sensor type, application, and geography, along with their respective market size (in terms of value for the components segment).
• The competitive analysis section provides the details of the visionary leaders, innovators, dynamic differentiators, and emerging players in the traffic sensor market.
• The report provides a detailed analysis of the major drivers, restraints, opportunities, and challenges for the traffic sensor market players.
• The report includes the illustrative segmentation, analysis, and forecast of the traffic sensor market based on its segments and subsegments.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THIS STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • DEMAND-SIDE AND SUPPLY-SIDE ANALYSIS OF THE TRAFFIC SENSOR MARKET
      • DEMAND-SIDE ANALYSIS
      • SUPPLY-SIDE ANALYSIS
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE TRAFFIC SENSOR MARKET
    • TRAFFIC SENOR MARKET, BY SENSOR TYPE, 2017 VS. 2023 (USD MILLION)
    • TRAFFIC SENSOR MARKET, BY APPLICATION AND BY REGION
    • TRAFFIC SENSOR MARKET, BY GEOGRAPHY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • TRAFFIC SENSOR MARKET, BY SENSOR TYPE
    • INTRODUCTION
      • Table TRAFFIC SENSOR MARKET, BY SENSOR TYPE, 2015-2023 (USD MILLION)
    • PIEZOELECTRIC SENSOR
      • Table PIEZOELECTRIC TRAFFIC SENSOR MARKET, BY REGION, 2015-2023 (USD MILLION)
      • Table TRAFFIC SENSOR MARKET FOR PIEZOELECTRIC SENSOR, BY TYPE, 2015-2023 (USD MILLION)
      • CERAMIC
      • QUARTZ
    • BENDING PLATE
      • Table TRAFFIC SENSOR MARKET FOR BENDING PLATE, BY REGION, 2015-2023 (USD MILLION)
    • INDUCTIVE LOOP
      • Table TRAFFIC SENSOR MARKET FOR INDUCTIVE LOOP, BY REGION, 2015-2023 (USD MILLION)
    • MAGNETIC SENSOR
      • Table TRAFFIC SENSOR MARKET FOR MAGNETIC SENSOR, BY REGION, 2015-2023 (USD MILLION)
    • ACOUSTIC SENSOR
      • Table TRAFFIC SENSOR MARKET FOR ACOUSTIC SENSOR, BY REGION, 2015-2023 (USD MILLION)
    • INFRARED SENSOR
      • Table TRAFFIC SENSOR MARKET FOR INFRARED SENSOR, BY REGION, 2015-2023 (USD MILLION)
    • IMAGE SENSOR
      • Table TRAFFIC SENSOR MARKET FOR IMAGE SENSOR, BY REGION, 2015-2023 (USD MILLION)
    • RADAR SENSOR
      • Table TRAFFIC SENSOR MARKET FOR RADAR SENSOR, BY REGION, 2015-2023 (USD MILLION)
    • LIDAR SENSOR
      • Table TRAFFIC SENSOR MARKET FOR LIDAR SENSOR, BY REGION, 2015-2023 (USD MILLION)
    • THERMAL SENSOR
      • Table TRAFFIC SENSOR MARKET FOR THERMAL SENSOR, BY REGION, 2015-2023 (USD MILLION)
  • TRAFFIC SENSOR MARKET, BY APPLICATION
    • INTRODUCTION
      • Table TRAFFIC SENSOR MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
    • VEHICLE MEASUREMENT AND PROFILING
      • VEHICLE PROFILING
      • AXLE COUNTING
        • Table TRAFFIC SENSOR MARKET FOR VEHICLE MEASUREMENT AND PROFILING, BY REGION, 2015-2023 (USD MILLION)
        • Table TRAFFIC SENSOR MARKET FOR VEHICLE MEASUREMENT AND PROFILING, BY TYPE, 2015-2023 (USD MILLION)
    • WEIGH IN MOTION
      • Table TRAFFIC SENSOR MARKET FOR WEIGH IN MOTION, BY REGION, 2015-2023 (USD MILLION)
      • Table TRAFFIC SENSOR MARKET FOR WEIGHT IN MOTION, BY TYPE, 2015-2023 (USD MILLION)
      • WEIGHT ENFORCEMENT
      • WEIGHT-BASED TOLL COLLECTION
      • TRAFFIC DATA COLLECTION
    • TRAFFIC MONITORING
      • Table TRAFFIC SENSOR MARKET FOR TRAFFIC MONITORING, BY REGION, 2015-2023 (USD MILLION)
      • Table TRAFFIC SENSOR MARKET FOR TRAFFIC MONITORING, BY TYPE, 2015-2023 (USD MILLION)
      • VEHICLE COUNTING
      • BICYCLE COUNTING
      • VEHICLE MOTION TRACKING
    • AUTOMATED TOLLING (E-TOLL)
      • Table TRAFFIC SENSOR MARKET FOR AUTOMATED TOLLING, BY REGION, 2015-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table TRAFFIC SENSOR MARKET, BY REGION, 2015-2023 (USD MILLION)
    • NORTH AMERICA
      • Table TRAFFIC SENSOR MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table TRAFFIC SENSOR MARKET IN NORTH AMERICA, BY SENSOR TYPE, 2015-2023 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table TRAFFIC SENSOR MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table TRAFFIC SENSOR MARKET IN EUROPE, BY SENSOR TYPE, 2015-2023 (USD MILLION)
      • GERMANY
      • FRANCE
      • UK
      • RUSSIA
      • SPAIN
      • ITALY
      • REST OF EUROPE
    • APAC
      • Table TRAFFIC SENSOR MARKET IN APAC, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table TRAFFIC SENSOR MARKET IN APAC, BY SENSOR TYPE, 2015-2023 (USD MILLION)
      • CHINA
      • JAPAN
      • AUSTRALIA
      • REST OF APAC
    • ROW
      • Table TRAFFIC SENSOR MARKET IN ROW, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table TRAFFIC SENSOR MARKET IN ROW, BY SENSOR TYPE, 2015-2023 (USD MILLION)
      • MIDDLE EAST AND AFRICA
      • SOUTH AMERICA
        • Table TRAFFIC SENSOR MARKET IN SOUTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING FOR TRAFFIC SENSOR MARKET
      • Table RANKING OF TOP 5 PLAYERS IN THE TRAFFIC SENSOR MARKET, 2016
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • COMPETITIVE BENCHMARKING
      • STRENGTH OF PRODUCT PORTFOLIO (25 COMPANIES)
      • BUSINESS STRATEGY EXCELLENCE (25 COMPANIES)
    • COMPETITIVE SCENARIO
    • RECENT DEVELOPMENTS
      • PARTNERSHIPS/AGREEMENTS/COLLABORATIONS/CONTRACTS
        • Table PARTNERSHIPS/AGREEMENTS/COLLABORATIONS/CONTRACTS, 2014-2017
      • PRODUCT LAUNCHES
        • Table PRODUCT LAUNCHES, 2014-2017
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2014-2017
      • EXPANSIONS
        • Table EXPANSION 2014-2017
  • COMPANY PROFILES
    • INTRODUCTION
    • EFKON AG
      • BUSINESS OVERVIEW
      • SOLUTIONS & SERVICES OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • KAPSCH TRAFFICCOM AG
      • BUSINESS OVERVIEW
      • PRODUCTS AND SOLUTIONS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • MNM VIEW
      • KEY RELATIONSHIPS
    • TRANSCORE
      • BUSINESS OVERVIEW
      • PRODUCTS AND SOLUTIONS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • MNM VIEW
      • KEY RELATIONSHIPS
    • INTERNATIONAL ROAD DYNAMICS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SOLUTIONS
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • MNM VIEW
      • KEY RELATIONSHIPS
    • KISTLER GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS & SOLUTIONS
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • MNM VIEW
    • FLIR SYSTEMS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SOLUTIONS
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • MNM VIEW
      • KEY RELATIONSHIPS
    • TE CONNECTIVITY LTD.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • MNM VIEW
      • KEY RELATIONSHIPS
    • SWARCO AG
      • BUSINESS OVERVIEW
      • PRODUCTS & SOLUTIONS
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • MNM VIEW
      • KEY RELATIONSHIPS
    • Q-FREE ASA
      • BUSINESS OVERVIEW
      • PRODUCTS AND SOLUTIONS OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • SICK AG
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • AXIS COMMUNICATIONS AB
      • BUSINESS OVERVIEW
      • PRODUCTS & SOLUTIONS
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • RAYTHEON COMPANY
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS & SOLUTIONS
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • KEY INNOVATORS AND START-UPS
      • SENSYS NETWORK, INC.
      • LEDDARTECH INC.
      • IMAGE SENSING SYSTEMS, INC. (ISS)
      • AGD SYSTEMS LTD.
      • JENOPTIK AG
      • MIOVISION TECHNOLOGIES INC.
      • DIABLO CONTROLS INC.
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATION
    • RELATED REPORTS
    • AUTHOR DETAILS

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