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Adaptive Traffic Control System Global Market Report 2024

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    Report

  • 175 Pages
  • May 2024
  • Region: Global
  • The Business Research Company
  • ID: 5972907
The adaptive traffic control system market size has grown rapidly in recent years. It will grow from $5.13 billion in 2023 to $6.03 billion in 2024 at a compound annual growth rate (CAGR) of 17.5%. The growth observed in the historical period can be attributed to a combination of factors including increasing urbanization, escalating road traffic congestion, heightened concerns for road safety, government initiatives aimed at promoting sustainable transportation, and the proliferation of smart city initiatives. These factors have collectively driven the adoption and enhancement of adaptive traffic control systems, aligning with broader objectives to improve traffic management and enhance urban mobility.

The adaptive traffic control system market size is expected to see rapid growth in the next few years. It will grow to $11.57 billion in 2028 at a compound annual growth rate (CAGR) of 17.7%. The anticipated growth during the forecast period can be attributed to several factors including the rising demand for efficient transportation systems, an increased focus on environmental sustainability, integration with connected vehicle technologies, challenges posed by aging infrastructure, and the hosting of global mega-events. Major trends expected in this period include the deployment of infrastructure to support autonomous vehicles, a focus on interoperability and standardization across systems, a shift towards cloud-based solutions for greater scalability and flexibility, enhanced capabilities in data analytics to improve decision-making, and advancements in artificial intelligence (AI) that will enhance system responsiveness and efficiency in traffic management. These developments are set to significantly influence the landscape of traffic control systems.

The adaptive traffic control system (ATCS) market is anticipated to grow due to an increase in road accidents caused by factors such as distracted driving, speeding, poor road conditions, and alcohol consumption. ATCS enhances road safety by dynamically adjusting traffic signal timings based on real-time traffic conditions to prevent situations that lead to accidents, such as sudden stops and traffic congestion. For example, in October 2023, a report by Brake, a UK-based road safety charity, indicated that road collisions and casualty deaths in the UK rose to 1,766 with 28,941 serious injuries, marking a 10% increase in deaths and an 8% rise in serious injuries compared to the previous year. Thus, the escalating number of road accidents is fueling the expansion of the ATCS market.

Leading firms in the ATCS sector are focusing on the development of advanced traffic controller platforms to secure a competitive edge. These platforms integrate edge/IoT technologies and utilize data from multiple sensors, including cameras, radar, and in-ground loop detectors, for effective real-time intersection management. In April 2023, Yunex Traffic, a German intelligent traffic technology firm, introduced the Yutraffic Blade advanced traffic controller platform. Equipped with a dual-core processor, the Yutraffic Blade supports existing traffic control applications and is adaptable for future technologies. It optimizes traffic signal timing to reduce delays, enhance intersection capacity, and improve overall traffic flow. Additionally, it allows for remote traffic adjustments and rapid response to changing traffic conditions, thereby reducing system downtime. The Yutraffic Blade represents a significant advancement in traffic management technology with its scalable and flexible features for long-term intersection management.

In August 2023, in a strategic move to bolster its technological capabilities in traffic management, Econolite Control Products Inc., a US-based transportation technology company, acquired Western Pacific Signal LLC. This acquisition is set to enhance Econolite's focus on innovation within the traffic management and safety solutions arena, including further development in connected and automated vehicle technologies. Western Pacific Signal LLC is a provider of adaptive traffic signal control systems based in the US.

Major companies operating in the adaptive traffic control system market are Siemens AG, International Business Machine Corporation, Johnson Controls International Inc., Indra Sistemas S.A., TransCore Atlantic LLC, Cubic Corporation, Swarco Holding Ltd., Kimley-Horn and Associates Inc., SWARCO McCain Inc., TomTom International BV, Kapsch TrafficCom AG, Efftronics Systems Pvt. Ltd., Econolite Group Inc., Digicon S/A, Miovision Technologies Inc., EFKON India Private Limited, CMS Computers Limited, Q-Free ASA, Econolite, Sensys Networks Inc., Rhythm Engineering Inc., ENVOYS Electronics Pvt. Ltd., Aldridge Traffic Controllers Pty Limited, Intertraffic Quality Inspections Private Limited, Advanced Traffic Solutions Inc., Onnyx Electronisys Pvt. Ltd.

North America was the largest region in the adaptive traffic control system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the adaptive traffic control system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the adaptive traffic control system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

An adaptive traffic control system is a traffic management approach that modifies traffic signal timing in response to actual traffic demand. This system employs both hardware and software to dynamically adjust signal timings in real time, enabling traffic signals to respond to changing traffic conditions. This method significantly improves travel time by efficiently coordinating vehicles through green lights and reducing congestion, thus facilitating smoother traffic flow.

The several types of adaptive traffic control systems are sydney coordinated adaptive traffic system (SCATS), split cycle offset optimization technique (SCOOT), road network and highway operations data exchange system (RHODES), adaptive control software lite (ACS-Lite), optimized phasing and timing control (OPAC), among others. SCATS is a widely adopted system that dynamically adjusts traffic signal timings based on real-time traffic data. The components of these systems are divided into hardware, software, and services, which are implemented in various applications such as roadworks, highways, and urban streets. The main users of these systems include governmental bodies, transportation authorities, and private sector enterprises.

The adaptive traffic control system market research report is one of a series of new reports that provides adaptive traffic control system market statistics, including adaptive traffic control system industry global market size, regional shares, competitors with a adaptive traffic control system market share, detailed adaptive traffic control system market segments, market trends and opportunities, and any further data you may need to thrive in the adaptive traffic control system industry. This adaptive traffic control system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The adaptive traffic control system market consist of revenues earned by entities by providing services such as traffic signal optimization, traffic management and monitoring, intelligent transportation system (ITS) integration, performance analysis and reporting, maintenance and support. The market value includes the value of related goods sold by the service provider or included within the service offering. The adaptive traffic control system market also includes sales of traffic signal controllers, traffic sensors, and communication infrastructure. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Adaptive Traffic Control System Market Characteristics3. Adaptive Traffic Control System Market Trends and Strategies
4. Adaptive Traffic Control System Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Adaptive Traffic Control System Market Size and Growth
5.1. Global Adaptive Traffic Control System Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Adaptive Traffic Control System Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Adaptive Traffic Control System Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Adaptive Traffic Control System Market Segmentation
6.1. Global Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Sydney Coordinated Adaptive Traffic System (SCATS)
  • Split Cycle Offset Optimization Technique (SCOOT)
  • Road Network and Highway Operations Data Exchange System (RHODES)
  • Adaptive Control Software Lite (ACS-Lite)
  • Optimized Phasing and Timing Control (OPAC)
  • Other Types
6.2. Global Adaptive Traffic Control System Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Hardware
  • Software
  • Service
6.3. Global Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Roadworks
  • Highways
  • Streets
6.4. Global Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Government
  • Transportation Authorities
  • Private Enterprises
7. Adaptive Traffic Control System Market Regional and Country Analysis
7.1. Global Adaptive Traffic Control System Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Adaptive Traffic Control System Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Adaptive Traffic Control System Market
8.1. Asia-Pacific Adaptive Traffic Control System Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Adaptive Traffic Control System Market
9.1. China Adaptive Traffic Control System Market Overview
9.2. China Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Adaptive Traffic Control System Market
10.1. India Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Adaptive Traffic Control System Market
11.1. Japan Adaptive Traffic Control System Market Overview
11.2. Japan Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Adaptive Traffic Control System Market
12.1. Australia Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Adaptive Traffic Control System Market
13.1. Indonesia Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Adaptive Traffic Control System Market
14.1. South Korea Adaptive Traffic Control System Market Overview
14.2. South Korea Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Adaptive Traffic Control System Market
15.1. Western Europe Adaptive Traffic Control System Market Overview
15.2. Western Europe Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Adaptive Traffic Control System Market
16.1. UK Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Adaptive Traffic Control System Market
17.1. Germany Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Adaptive Traffic Control System Market
18.1. France Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Adaptive Traffic Control System Market
19.1. Italy Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Adaptive Traffic Control System Market
20.1. Spain Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Adaptive Traffic Control System Market
21.1. Eastern Europe Adaptive Traffic Control System Market Overview
21.2. Eastern Europe Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Adaptive Traffic Control System Market
22.1. Russia Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Adaptive Traffic Control System Market
23.1. North America Adaptive Traffic Control System Market Overview
23.2. North America Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Adaptive Traffic Control System Market
24.1. USA Adaptive Traffic Control System Market Overview
24.2. USA Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Adaptive Traffic Control System Market
25.1. Canada Adaptive Traffic Control System Market Overview
25.2. Canada Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Adaptive Traffic Control System Market
26.1. South America Adaptive Traffic Control System Market Overview
26.2. South America Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Adaptive Traffic Control System Market
27.1. Brazil Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Adaptive Traffic Control System Market
28.1. Middle East Adaptive Traffic Control System Market Overview
28.2. Middle East Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Adaptive Traffic Control System Market
29.1. Africa Adaptive Traffic Control System Market Overview
29.2. Africa Adaptive Traffic Control System Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Adaptive Traffic Control System Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Adaptive Traffic Control System Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Adaptive Traffic Control System Market Competitive Landscape and Company Profiles
30.1. Adaptive Traffic Control System Market Competitive Landscape
30.2. Adaptive Traffic Control System Market Company Profiles
30.2.1. Siemens AG
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. International Business Machine Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Johnson Controls International Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Indra Sistemas S.A.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. TransCore Atlantic LLC
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Adaptive Traffic Control System Market Other Major and Innovative Companies
31.1. Cubic Corporation
31.2. Swarco Holding Ltd.
31.3. Kimley-Horn and Associates Inc.
31.4. SWARCO McCain Inc.
31.5. TomTom International BV
31.6. Kapsch TrafficCom AG
31.7. Efftronics Systems Pvt. Ltd.
31.8. Econolite Group Inc.
31.9. Digicon S/A
31.10. Miovision Technologies Inc.
31.11. EFKON India Private Limited
31.12. CMS Computers Limited
31.13. Q-Free ASA
31.14. Econolite
31.15. Sensys Networks Inc.
32. Global Adaptive Traffic Control System Market Competitive Benchmarking33. Global Adaptive Traffic Control System Market Competitive Dashboard34. Key Mergers and Acquisitions in the Adaptive Traffic Control System Market
35. Adaptive Traffic Control System Market Future Outlook and Potential Analysis
35.1 Adaptive Traffic Control System Market in 2028 - Countries Offering Most New Opportunities
35.2 Adaptive Traffic Control System Market in 2028 - Segments Offering Most New Opportunities
35.3 Adaptive Traffic Control System Market in 2028 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Adaptive Traffic Control System Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on adaptive traffic control system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for adaptive traffic control system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The adaptive traffic control system market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Sydney Coordinated Adaptive Traffic System (SCATS); Split Cycle Offset Optimization Technique (SCOOT); Road Network And Highway Operations Data Exchange System (RHODES); Adaptive Control Software Lite (ACS-Lite); Optimized Phasing And Timing Control (OPAC); Other Types.
2) By Component: Hardware; Software; Service
3) By Application: Roadworks; Highways; Streets
4) By End User: Government; Transportation Authorities; Private Enterprises

Key Companies Mentioned: Siemens AG; International Business Machine Corporation; Johnson Controls International Inc.; Indra Sistemas S.A.; TransCore Atlantic LLC

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Siemens AG
  • International Business Machine Corporation
  • Johnson Controls International Inc.
  • Indra Sistemas S.A.
  • TransCore Atlantic LLC
  • Cubic Corporation
  • Swarco Holding Ltd.
  • Kimley-Horn and Associates Inc.
  • SWARCO McCain Inc.
  • TomTom International BV
  • Kapsch TrafficCom AG
  • Efftronics Systems Pvt. Ltd.
  • Econolite Group Inc.
  • Digicon S/A
  • Miovision Technologies Inc.
  • EFKON India Private Limited
  • CMS Computers Limited
  • Q-Free ASA
  • Econolite
  • Sensys Networks Inc.
  • Rhythm Engineering Inc.
  • ENVOYS Electronics Pvt. Ltd.
  • Aldridge Traffic Controllers Pty Limited
  • Intertraffic Quality Inspections Private Limited
  • Advanced Traffic Solutions Inc.
  • Onnyx Electronisys Pvt. Ltd.

Methodology

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Table Information