Traffic Sensors Market to grow at a CAGR of 9.14% by 2026 | Evolving Opportunities with AGD Systems Ltd., Cross traffic.com, and Axis Communications AB | Technavio

• Total Pages: 120
• Companies: 10+ – Including AGD Systems Ltd., Axis Communications AB, CROSS Zlin AS, EFKON GmbH, Kapsch TrafficCom AG, LeddarTech Inc., Q-Free ASA, Raytheon Technologies Corp., Sensys Networks Inc., SICK AG, Siemens AG, SWARCO AG, TE Connectivity Ltd.,c Solutions Inc. among others.
• Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis
• Segments: Applications (vehicle measurement and profiling, traffic monitoring, weigh in motion, and automated tolling)
• Geographies: North America, Europe, APAC, South America, and the Middle East and Africa

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The Traffic Sensors Market is expected to increase USD 210.75 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.14% as per the latest market report by Technavio. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets. Europe will register the highest growth rate of 32% among the other regions. 

Download FREE Sample: for more additional information about the key countries in Europe

Vendor Insights-

The Traffic Sensors Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.

• Cross-traffic.com - The company offers a wide range of products such as payment solutions, subscription management, APIs, and integrations.

Find additional highlights on the vendors and their product offerings. Download Free Sample Report

Regional Market Outlook

The Traffic Sensors Market share growth in Europe will be significant during the forecast period. The UK and Germany are the key markets for traffic sensors market in Europe. Market growth in this region will be faster than the growth of the market in South America and North America. The highest urbanized landscapes of the region in the world will facilitate the traffic sensors market growth in North America over the forecast period.

Download our FREE sample report for more key highlights on the regional market share of most of the above-mentioned countries.

Latest Drivers & Trends Driving the Market-

• Traffic Sensors Market Driver:
• Rapid urbanization and increasing emphasis on road safety norms:

The rapid urbanization and increasing emphasis on road safety norms are the key drivers supporting the traffic sensors market growth. The urban population is growing significantly, the volume of business within cities and with business partners outside of cities will also grow significantly. A higher urban population tends to increase the volume of transportation as the business grows. For instance, as cities' populations grow, so will traffic as businesses such as e-commerce, postal and logistics, and restaurant aggregator and food delivery companies expand their operations. This will significantly increase the traffic on the road and will require a proper traffic management system to manage the urban traffic. Thus, this will drive market growth during the forecast period.

• Traffic Sensors Market Trend:
• Traffic monitoring:

Traffic monitoring to witness significant growth is another factor supporting the traffic sensors market growth.  With a significant increase in the number of commercial vehicles, players and institutions are introducing advanced traffic monitoring systems. Moreover, the major players and researchers are testing it using the latest emerging technologies. For instance, in August 2021, the Indian Institute of Technology (IIT) Mandi developed a smart road monitoring system that aims to minimize the risk of road accidents. Furthermore, the increasing number of passenger cars is driving the need for advanced and optimized traffic management systems. Hence, it creates immense opportunity and potential for industry players in the region to invest and tap the early market, garnering higher market share.

Find additional information about various other market Drivers & Trends mentioned in our FREE sample report.

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Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Vehicle measurement and profiling - Market size and forecast 2021-2026
• Exhibit 28: Chart on Vehicle measurement and profiling - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Vehicle measurement and profiling - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Vehicle measurement and profiling - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Vehicle measurement and profiling - Year-over-year growth 2021-2026 (%)

• 5.4 Traffic monitoring - Market size and forecast 2021-2026
• Exhibit 32: Chart on Traffic monitoring - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Traffic monitoring - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Traffic monitoring - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Traffic monitoring - Year-over-year growth 2021-2026 (%)

• 5.5 Weigh in motion - Market size and forecast 2021-2026
• Exhibit 36: Chart on Weigh in motion - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Weigh in motion - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Weigh in motion - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Weigh in motion - Year-over-year growth 2021-2026 (%)

• 5.6 Automated tolling - Market size and forecast 2021-2026
• Exhibit 40: Chart on Automated tolling - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Automated tolling - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Automated tolling - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Automated tolling - Year-over-year growth 2021-2026 (%)

• 5.7 Market opportunity by Application
• Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 46: Chart on Market share by geography 2021-2026 (%)
• Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 48: Chart on Geographic comparison
• Exhibit 49: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 Japan - Market size and forecast 2021-2026
• Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
• Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
• Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 Germany - Market size and forecast 2021-2026
• Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 91: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 93: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 94: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 95: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 96: Matrix on vendor position and classification

• 10.3 Kapsch TrafficCom AG
• Exhibit 97: Kapsch TrafficCom AG - Overview
• Exhibit 98: Kapsch TrafficCom AG - Business segments
• Exhibit 99: Kapsch TrafficCom AG - Key offerings
• Exhibit 100: Kapsch TrafficCom AG - Segment focus

• 10.4 Kistler Instrumente AG
• Exhibit 101: Kistler Instrumente AG - Overview
• Exhibit 102: Kistler Instrumente AG - Product / Service
• Exhibit 103: Kistler Instrumente AG - Key offerings

• 10.5 Qaurterhill Inc.
• Exhibit 104: Qaurterhill Inc. - Overview
• Exhibit 105: Qaurterhill Inc. - Product / Service
• Exhibit 106: Qaurterhill Inc. - Key offerings

• 10.6 Q-Free ASA
• Exhibit 107: Q-Free ASA - Overview
• Exhibit 108: Q-Free ASA - Business segments
• Exhibit 109: Q-Free ASA - Key offerings
• Exhibit 110: Q-Free ASA - Segment focus

• 10.7 Raytheon Technologies Corp.
• Exhibit 111: Raytheon Technologies Corp. - Overview
• Exhibit 112: Raytheon Technologies Corp. - Business segments
• Exhibit 113: Raytheon Technologies Corp. - Key news
• Exhibit 114: Raytheon Technologies Corp. - Key offerings
• Exhibit 115: Raytheon Technologies Corp. - Segment focus

• 10.8 SICK AG
• Exhibit 116: SICK AG - Overview
• Exhibit 117: SICK AG - Business segments
• Exhibit 118: SICK AG - Key offerings
• Exhibit 119: SICK AG - Segment focus

• 10.9 Siemens AG
• Exhibit 120: Siemens AG - Overview
• Exhibit 121: Siemens AG - Business segments
• Exhibit 122: Siemens AG - Key news
• Exhibit 123: Siemens AG - Key offerings
• Exhibit 124: Siemens AG - Segment focus

• 10.10 SWARCO AG
• Exhibit 125: SWARCO AG - Overview
• Exhibit 126: SWARCO AG - Product / Service
• Exhibit 127: SWARCO AG - Key news
• Exhibit 128: SWARCO AG - Key offerings

• 10.11 TE Connectivity Ltd.
• Exhibit 129: TE Connectivity Ltd. - Overview
• Exhibit 130: TE Connectivity Ltd. - Business segments
• Exhibit 131: TE Connectivity Ltd. - Key offerings
• Exhibit 132: TE Connectivity Ltd. - Segment focus

• 10.12 Teledyne FLIR LLC
• Exhibit 133: Teledyne FLIR LLC - Overview
• Exhibit 134: Teledyne FLIR LLC - Business segments
• Exhibit 135: Teledyne FLIR LLC - Key offerings
• Exhibit 136: Teledyne FLIR LLC - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 137: Inclusions checklist
• Exhibit 138: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 139: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 140: Research methodology
• Exhibit 141: Validation techniques employed for market sizing
• Exhibit 142: Information sources

• 11.5 List of abbreviations
• Exhibit 143: List of abbreviations

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