Global Traffic Sensor Market report from Global Insight Services is the single authoritative source of intelligence on Traffic Sensor Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A traffic sensor is a device that is used to detect and measure the volume of traffic on a road. Traffic sensors can be used to count the number of vehicles that pass a certain point on a road, or to measure the speed and flow of traffic. Traffic sensors can be used to help manage traffic congestion, and to help plan and design new roads and highways.
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Key Trends
There are several key trends in traffic sensor technology that are worth mentioning.
First, there is a trend towards miniaturization of sensors. This means that sensors are becoming smaller and more compact, making them easier to install and less obtrusive.
Second, there is a trend towards wireless sensors. This means that sensors are becoming more and more wireless, making them easier to install and less obtrusive.
Third, there is a trend towards more sophisticated sensors. This means that sensors are becoming more and more sophisticated, able to detect a wider range of traffic conditions.
Fourth, there is a trend towards more intelligent sensors. This means that sensors are becoming more and more intelligent, able to make better decisions about when and how to collect data.
Key Drivers
The key drivers of Traffic Sensor market are:
– Increasing awareness of the benefits of traffic sensors
– The need for improved traffic management
– The need to reduce congestion and improve safety
– The increasing use of intelligent transportation systems
Market Segments
The Traffic Sensor Market is segmented by sensor type, technology, application and region. By sensor type the market is divided into inductive loop, piezoelectric sensor, bending plate, image sensor and others. Based on technology it is segmented into 2D sensor, 3D sensor, RFID, GSM and others. Based on application it is bifurcated into vehicle measurement and profiling, weigh in motion, traffic monitoring, automated tolling (E-Toll). Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Market Players
The Traffic Sensor Market includes players such as EFKON AG, Kapsch TrafficCom AG, International Road Dynamics, Inc., FLIR Systems, Inc., TE Connectivity Ltd., SWARCO AG, Sick AG, TransCore, Axis Communication AB and Raytheon Company.
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