The value of the traffic sensor market was $2997 million in 2020, and is expected to reach $57.84 million by 2027, with an annual average growth of 8% from 2021 to 2027.

Increasing adoption of bicycle counting sensors, increasing demand for real-time information systems, and increasing adoption of analytics-based transportation solutions are expected to drive the traffic sensor market for the forecasted year. The Global Traffic Sensor Market report provides a holistic assessment of the market. The report provides a comprehensive analysis of the key segments, trends, drivers, limitations, competitive landscape, and factors playing an important role in the market.

 

 

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Company Profile

EFKON AG
FLIR Systems, Inc.
International Road Dynamics Inc.
Kapsch TrafficCom AG
Kyosan Electric Mfg. Co., Ltd.
Sensor Line
TE Connectivity
TransCore
Urbiotica
Vossloh

 

Market Segmentation

Traffic Sensor Market Segments:

By Sensors Type

Inductive Loops
Piezoelectric Sensors
Image Sensors
Infrared Sensors
Lidar Sensors
Radar Sensors
Magnetic Sensors
Acoustic Sensors
Thermal Sensors
Bending Plates

By Application

Vehicle Measurement and Profiling
Weigh in Motion (WIM)
Traffic Monitoring
Automated Tolling (E-Toll)

 

Scope of the Report

The research study analyzes the global Traffic Sensor industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Traffic Sensor Market Report

1. What was the Traffic Sensor Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

What will be the CAGR of Traffic Sensor Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Traffic Sensor Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

 

The report covers the following objectives:

Proliferation and maturation of trade in the global Traffic Sensor market.
The market share of the global Traffic Sensor market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the global Traffic Sensor market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Traffic Sensor market.


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