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Outlook on the Global Traffic Sensors Market 2019-2024: Focus on Inductive Loop, Magnetometer, Infrared, Microwave Radar, Video Image Processor, and Other TypesDUBLIN, July 16, 2019 /PRNewswire/ -- The "Traffic Sensor Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering. The global traffic sensor market was valued at US$502.461 million in 2018 and is projected to grow at a CAGR of 6.78% over the forecast period to reach a total market size of US$744.637 million by 2024. As the move to continuously monitor traffic in low light or at night in order to minimize traffic rule violations and to avoid traffic accidents due to rash driving, governments in many countries have been showing a good adoption of infrared traffic sensors, the improved versions of which can capture high-quality images even at night. Geographically, North America and Europe hold a major share in this market. North America, constituting developed economies like the United States and Canada, has been one of the largest spenders on road transport infrastructure. From 2007 to 2016, investments by the US into road transport infrastructure grew by around 46.19% which is impressive growth. This region has been an early adopter of new technologies, which is another factor contributing to the market growth in this region. Large market share held by Europe is attributed to state-of-the-art transport infrastructure in this region. Presence of major market players in this region has been a supportive factor for the Europe traffic sensor market. The market in the Asia-Pacific is anticipated to witness rapid growth over the projected period. The market growth will be fuelled by strengthening economies and continuous investments by major market players into the expansion of their business into this region. Major industry players profiled as part of the report are TE Connectivity, SWARCO AG, Smart Microwave Sensors GmbH, Sensys Networks, Inc., Smats Traffic Solutions Inc., AGD Systems, Traffic Sensor Corporation, and CROSS Zlin, a.s. among others. Key Topics Covered 1. Introduction 2. Research Methodology 2.1. Research Process & Design 2.2. Research Assumptions 3. KEY FINDINGS 4. Market Dynamics 4.1. Market Segmentation 4.2. Market Drivers 4.3. Market Restraints 4.4. Market Opportunities 4.5. Porter's Five Forces Analysis 4.6. Life Cycle Analysis - Regional Snapshot 4.7. Market Attractiveness 5. Global Traffic Sensor Market by Type 5.1. Inductive Loop 5.2. Magnetometer 5.3. Infrared 5.4. Microwave Radar 5.5. Video Image Processor 5.6. Others 6. Global Traffic Sensor Market by Application 6.1. Signal Control 6.2. Traffic Monitoring 7. Global Traffic Sensor Market by Geography 7.1. North America 7.1.1. United States 7.1.2. Canada 7.1.3. Mexico 7.1.4. Others 7.2. South America 7.2.1. Brazil 7.2.2. Argentina 7.2.3. Others 7.3. Europe 7.3.1. UK 7.3.2. Germany 7.3.3. France 7.3.4. Italy 7.3.5. Others 7.4. Middle East and Africa 7.4.1. Saudi Arabia 7.4.2. UAE 7.4.3. Israel 7.4.4. Others 7.5. Asia Pacific 7.5.1. Japan 7.5.2. China 7.5.3. India 7.5.4. Australia 7.5.5. Others 8. Competitive Intelligence 8.1. Competitive Benchmarking & Analysis 8.2. Recent Investments & Deals 8.3. Strategies of Key Players 9. Company Profiles 9.1. TE Connectivity 9.2. SWARCO AG 9.3. Smart Microwave Sensors GmbH 9.4. Sensys Networks Inc. 9.5. Smats Traffic Solutions Inc. 9.6. AGD Systems 9.7. Traffic Sensor Corporation 9.8. CROSS Zlin a.s. 9.9. FLIR Systems Inc. 9.10. International Road Dynamics Inc. For more information about this report visit https://www.researchandmarkets.com/r/smemzu Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets SOURCE Research and Markets |