Market Overview:
The global traffic cameras market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced traffic management systems across the globe. Traffic cameras are used for various purposes such as monitoring and managing traffic, reducing congestion, improving safety, and reducing pollution. These cameras are installed at various locations such as traffic junctions, airports, sea ports, and other locations depending on the requirement. The global traffic cameras market is segmented on the basis of type into line scan cameras and area scan cameras. The line scan camera segment is expected to hold a larger share of the market during the forecast period owing to its high demand in applications such as toll plazas and border crossings where images need to be captured quickly.
Product Definition:
A traffic camera is a digital or video camera used to monitor vehicular traffic. Traffic cameras are usually installed along a road, freeway, or in an urban area to monitor and manage the flow of traffic.
Line Scan Cameras:
Line scan cameras are also known as video surveillance cameras or traffic surveillance cameras. They are installed in fixed positions along a stretch of road to monitor vehicular movement and prevent accidents. These systems record the image of the road ahead of time and play it back automatically to show what happened earlier, for instance, when a vehicle moved forward or backward in its lane. The recorded data is used for reconstructing events that may have caused an accident or mishap on the roadsides.
Area Scan Cameras:
Area scan cameras are also known as road-scan cameras. They are used in traffic surveillance to capture images of vehicles violating traffic rules and regulations. These areas have a high volume of vehicle movement which makes it difficult for the police or other enforcement agencies to monitor the entire area, thus area scan camera is used for this purpose.
Application Insights:
The other application segment covers road tunnels, bridges and overpasses, railway stations and other areas under the railway bridge, traffic circles/junctions, airports and seaports. The increasing number of vehicles on roads has led to an increase in accidents. In developed countries like the U.S., this application segment accounted for a major share as many applications are underdeveloped or not functional in developing countries yet they have huge potentials waiting to be tapped by market players with superior technology offering at cheaper rates.
Regional Analysis:
North America dominated the global traffic cameras market in 2017. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing road accidents, growing number of vehicles and stringent driving regulations imposed by governments across countries such as Canada and U.S., thus making it necessary for authorities to employ effective safety measures at busy intersections and other critical locations on roadsides.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising government initiatives for installation of these systems across various countries in this region, particularly India, China, Japan, South Korea & Australia among others are some of them who have already implemented these systems on a large scale basis in their respective nations which has significantly contributed towards regional growth since past few years till 2018 ending year’s end).
Growth Factors:
- Increasing demand for traffic safety and security: The increasing number of vehicles on the road has resulted in a rise in the number of accidents. This has led to an increase in the demand for traffic cameras as a means to improve traffic safety and security.
- Proliferation of smart cities: Traffic cameras are becoming an integral part of smart cities, which are being developed across the world. The need for efficient transportation systems is driving the adoption of traffic cameras in these cities.
- Growing awareness about benefits of using traffic cameras: There is growing awareness among motorists about the benefits of using traffic cameras, such as reducing congestion and improving safety on roads. This is helping to drive growth in the market for traffic cameras worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Traffic Cameras Market Research Report
By Type
Line Scan Cameras, Area Scan Cameras
By Application
Traffic Junctions, Airports, Sea Ports, Other
By Companies
JAI, FLIR Systems, Allied Vision Technologies, IDS Imaging Development Systems, Basler, Lumenera, QImaging, Xenics, Photonfocus, Infrared Cameras Inc., Traffic Control Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Traffic Cameras Market Report Segments:
The global Traffic Cameras market is segmented on the basis of:
Types
Line Scan Cameras, Area Scan Cameras
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Traffic Junctions, Airports, Sea Ports, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JAI
- FLIR Systems
- Allied Vision Technologies
- IDS Imaging Development Systems
- Basler
- Lumenera
- QImaging
- Xenics
- Photonfocus
- Infrared Cameras Inc.
- Traffic Control Corporation
Highlights of The Traffic Cameras Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Line Scan Cameras
- Area Scan Cameras
- By Application:
- Traffic Junctions
- Airports
- Sea Ports
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Traffic Cameras Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Traffic cameras are a type of surveillance camera used to monitor traffic in a specific area. Traffic cameras can be used for both public and private purposes.
Some of the key players operating in the traffic cameras market are JAI, FLIR Systems, Allied Vision Technologies, IDS Imaging Development Systems, Basler, Lumenera, QImaging, Xenics, Photonfocus, Infrared Cameras Inc., Traffic Control Corporation.
The traffic cameras market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Traffic Cameras Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Traffic Cameras Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Traffic Cameras Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Traffic Cameras Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Traffic Cameras Market Size & Forecast, 2020-2028 4.5.1 Traffic Cameras Market Size and Y-o-Y Growth 4.5.2 Traffic Cameras Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Line Scan Cameras
5.2.2 Area Scan Cameras
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Traffic Junctions
6.2.2 Airports
6.2.3 Sea Ports
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Traffic Cameras Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Traffic Cameras Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Line Scan Cameras
9.6.2 Area Scan Cameras
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Traffic Junctions
9.10.2 Airports
9.10.3 Sea Ports
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Line Scan Cameras
10.6.2 Area Scan Cameras
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Traffic Junctions
10.10.2 Airports
10.10.3 Sea Ports
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Line Scan Cameras
11.6.2 Area Scan Cameras
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Traffic Junctions
11.10.2 Airports
11.10.3 Sea Ports
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Line Scan Cameras
12.6.2 Area Scan Cameras
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Traffic Junctions
12.10.2 Airports
12.10.3 Sea Ports
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Line Scan Cameras
13.6.2 Area Scan Cameras
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Traffic Junctions
13.10.2 Airports
13.10.3 Sea Ports
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Traffic Cameras Market: Competitive Dashboard
14.2 Global Traffic Cameras Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JAI
14.3.2 FLIR Systems
14.3.3 Allied Vision Technologies
14.3.4 IDS Imaging Development Systems
14.3.5 Basler
14.3.6 Lumenera
14.3.7 QImaging
14.3.8 Xenics
14.3.9 Photonfocus
14.3.10 Infrared Cameras Inc.
14.3.11 Traffic Control Corporation