Traffic management systems refer to the IT solutions provided by vendors to improve the traffic flow and enhance passenger safety. The traffic management systems consume data from disparate sources such as road sensors, CCTV cameras, and traffic control centers. The systems process these data and generate useful information, which is passed on to end-users such as passengers, traffic control agencies, and police stations. Traditionally, traffic management systems helped to save time and reduce wastage of fuel by reducing traffic congestion. However, with the advances in communication technologies and the internet, the traffic management systems now help users in more widely applications by building a whole traffic networking.
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This report studies the Traffic Management Systems market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Traffic Management Systems market by product type and applications/end industries.
With the rising population and vehicles, traffic safety has become increasingly important, which drives the demand for traffic management systems growing.From 2010 to 2014, due to the intellectualization of traffic management systems, global traffic management systems industry developed fast with near 13.5~17.5% growth rate. As for China, because of the late start, traffic management systems industry has experienced an explosive growth, the growth rate is higher than 17.5% and average growth rate reached to 20%.
In the next years, it is estimated that traffic management systems industry will continue developing rapidly and the global revenue will reach to near 9.5 billion USD, while the same data will be 4.3 billion USD in China.
Complete report on Traffic Management Systems market report spread across 131 pages, profiling 25 companies and supported with tables and figures available. Enquire more @ https://www.orianresearch.com/enquiry-before-buying/547237.
Due to the high opportunities in the R&D and sales of traffic management systems, in the future, there will be more and more investors entering into this industry.Competition becomes more intense in traffic management systems industry, and providers will face the high risk of further price and gross margin decline in the future.
The global Traffic Management Systems market is valued at 1490 million USD in 2017 and is expected to reach 2520 million USD by the end of 2023, growing at a CAGR of 9.2% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
Analysis of Traffic Management Systems Market Key Manufacturers : Kapsch TrafficCom, SWARCO, Siemens, TomTom, THALES, IBM, Cubic, Fujitsu, Q-Free, Imtech, Kyosan Electric, SICE, Iteris, Peek traffic, E-Hualu, China ITS (Holdings), ENJOYOR, Datang Telecom, Wantong Technology, Hisense TransTech, China Shipping Network Technology, Dahua Technology, HIKVISION and Baokang Electronic
With the list of tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. The study was conducted using an objective combination of primary and secondary Information including inputs form key participants in the industry. The report contains a comprehensive market and vendor landscape in additions to a SWOT analysis of the key vendors.
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There are 15 Chapters to deeply display the global Traffic Management Systems market.
Chapter 1, to describe Traffic Management Systems Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Traffic Management Systems, with sales, revenue, and price of Traffic Management Systems, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Traffic Management Systems, for each region, from 2012 to 2017;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2012 to 2017;
Chapter 12, Traffic Management Systems market forecast, by regions, type and application, with sales and revenue, from 2017 to 2022;
Chapter 13, 14 and 15, to describe Traffic Management Systems sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
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