Market Overview:
The global adaptive traffic control system market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart transportation solutions and the rising need for efficient and effective traffic management systems. The global adaptive traffic control system market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into hardware, software, and services. The hardware segment dominates this market owing to its growing demand for advanced technologies in transportation systems across different regions worldwide. By application, roadworks dominate this market owing to their increasing adoption for improving traffic flow and reducing congestion in urban areas.
Product Definition:
An adaptive traffic control system is a type of traffic management system that adjusts the signal timing and phasing at intersections in order to optimize the flow of traffic. The purpose of an adaptive traffic control system is to improve the overall efficiency of the transportation network by reducing congestion and improving travel times.
Hardware:
Hardware is the part of Adaptive Traffic Control System that includes devices and components which are used to implement traffic control procedures. Hardware is responsible for implementing all or part of signalization, communication, detection & measurement, and controls & automation in a traffic control system. The hardware component in an ATCS comprises a controller (such as PC), display & processor units, sensors (such as radar), data recorders/monitors and other supporting equipment.
Software:
Software is the set of instructions which can be stored in the computer for a particular task. It helps in carrying out various functions from data processing to data analysis and also helps to solve complex problems. Adaptive traffic control system software is used for controlling vehicles on road with reference to real-time information obtained from sensors placed at strategic locations such as traffic signals, road signs, etc., thereby helping drivers reach their destinations on time with minimum fuel consumption.
Application Insights:
Highway application segment accounted for the largest share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing number of highways projects across the globe, including Trans-Canada highway system, China¢â‚¬â„¢s national expressways, and Germany¢â‚¬â„¢s A8/A9 Autobahn are expected to drive market growth over the coming years. Adaptive traffic control system helps road authorities in managing traffic on busy roads by enabling them to adjust signals accordingly so that vehicles reach their destination with ease.
The street application segment is estimated to witness considerable growth rate during future years owing to increasing government initiatives for improving public transportation systems such as buses & trains across various regions worldwide.
Regional Analysis:
North America is expected to dominate the global adaptive traffic control system market over the forecast period. This can be attributed to increasing road infrastructure development, growing adoption of new technologies and rising emphasis on reducing vehicular congestion. Moreover, presence of a large number of key players in this region is anticipated to fuel regional growth.
Asia Pacific is estimated to witness significant growth over the next eight years owing to rapid urbanization coupled with increasing government spending on transport infrastructure in countries such as China and India. In addition, rising awareness regarding road safety among drivers and passengers will drive demand for ATCS across this region during the forecast period.
Growth Factors:
- Increasing demand for intelligent transportation systems (ITS) to manage traffic congestion and improve safety
- Rising number of vehicles on the road globally
- Implementation of adaptive traffic control systems in smart cities to optimize traffic flow and reduce emissions
- Growing popularity of connected and autonomous vehicles that can communicate with adaptive traffic control systems
- Proliferation of big data and analytics technologies that can help better understand urban transportation patterns
Scope Of The Report
Report Attributes
Report Details
Report Title
Adaptive Traffic Control System Market Research Report
By Type
Hardware, Software, Services
By Application
Roadworks, Highway, Street
By Companies
TRL Krosaki Refractories Limited, Atkins Group (SNC-Lavalin Group Inc.), Cubic Corporation, EFKON INDIA PRIVATE LIMITED, Siemens AG, Swarco Holding, TransCore Atlantic LLC, IBM Corporation, CMS COMPUTERS LIMITED., IntelliVision (Nortek Security & Control LLC.), Kapsch TrafficCom AG
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Adaptive Traffic Control System Market Report Segments:
The global Adaptive Traffic Control System market is segmented on the basis of:
Types
Hardware, Software, Services
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
Roadworks, Highway, Street
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:
- TRL Krosaki Refractories Limited
- Atkins Group (SNC-Lavalin Group Inc.)
- Cubic Corporation
- EFKON INDIA PRIVATE LIMITED
- Siemens AG
- Swarco Holding
- TransCore Atlantic LLC
- IBM Corporation
- CMS COMPUTERS LIMITED.
- IntelliVision (Nortek Security & Control LLC.)
- Kapsch TrafficCom AG
Highlights of The Adaptive Traffic Control System 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:
- Hardware
- Software
- Services
- By Application:
- Roadworks
- Highway
- Street
- 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 Adaptive Traffic Control System 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?
Adaptive Traffic Control System (ATS) is a traffic control system that uses sensors to detect and analyze traffic conditions in order to make adjustments to the signals, signs, and markings on the road. This helps keep traffic moving smoothly and efficiently.
Some of the key players operating in the adaptive traffic control system market are TRL Krosaki Refractories Limited, Atkins Group (SNC-Lavalin Group Inc.), Cubic Corporation, EFKON INDIA PRIVATE LIMITED, Siemens AG, Swarco Holding, TransCore Atlantic LLC, IBM Corporation, CMS COMPUTERS LIMITED., IntelliVision (Nortek Security & Control LLC.), Kapsch TrafficCom AG.
The adaptive traffic control system market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Adaptive Traffic Control System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Adaptive Traffic Control System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Adaptive Traffic Control System Market - Supply Chain
4.5. Global Adaptive Traffic Control System Market Forecast
4.5.1. Adaptive Traffic Control System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Adaptive Traffic Control System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Adaptive Traffic Control System Market Absolute $ Opportunity
5. Global Adaptive Traffic Control System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Adaptive Traffic Control System Market Size and Volume Forecast by Type
5.3.1. Hardware
5.3.2. Software
5.3.3. Services
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Adaptive Traffic Control System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Adaptive Traffic Control System Market Size and Volume Forecast by Application
6.3.1. Roadworks
6.3.2. Highway
6.3.3. Street
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Adaptive Traffic Control System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Adaptive Traffic Control System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Adaptive Traffic Control System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Adaptive Traffic Control System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Adaptive Traffic Control System Demand Share Forecast, 2019-2026
9. North America Adaptive Traffic Control System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Adaptive Traffic Control System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Adaptive Traffic Control System Market Size and Volume Forecast by Application
9.4.1. Roadworks
9.4.2. Highway
9.4.3. Street
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Adaptive Traffic Control System Market Size and Volume Forecast by Type
9.7.1. Hardware
9.7.2. Software
9.7.3. Services
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Adaptive Traffic Control System Demand Share Forecast, 2019-2026
10. Latin America Adaptive Traffic Control System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Adaptive Traffic Control System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Adaptive Traffic Control System Market Size and Volume Forecast by Application
10.4.1. Roadworks
10.4.2. Highway
10.4.3. Street
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Adaptive Traffic Control System Market Size and Volume Forecast by Type
10.7.1. Hardware
10.7.2. Software
10.7.3. Services
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Adaptive Traffic Control System Demand Share Forecast, 2019-2026
11. Europe Adaptive Traffic Control System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Adaptive Traffic Control System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Adaptive Traffic Control System Market Size and Volume Forecast by Application
11.4.1. Roadworks
11.4.2. Highway
11.4.3. Street
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Adaptive Traffic Control System Market Size and Volume Forecast by Type
11.7.1. Hardware
11.7.2. Software
11.7.3. Services
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Adaptive Traffic Control System Demand Share, 2019-2026
12. Asia Pacific Adaptive Traffic Control System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Adaptive Traffic Control System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Adaptive Traffic Control System Market Size and Volume Forecast by Application
12.4.1. Roadworks
12.4.2. Highway
12.4.3. Street
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Adaptive Traffic Control System Market Size and Volume Forecast by Type
12.7.1. Hardware
12.7.2. Software
12.7.3. Services
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Adaptive Traffic Control System Demand Share, 2019-2026
13. Middle East & Africa Adaptive Traffic Control System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Adaptive Traffic Control System Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Adaptive Traffic Control System Market Size and Volume Forecast by Application
13.4.1. Roadworks
13.4.2. Highway
13.4.3. Street
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Adaptive Traffic Control System Market Size and Volume Forecast by Type
13.7.1. Hardware
13.7.2. Software
13.7.3. Services
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Adaptive Traffic Control System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Adaptive Traffic Control System Market: Market Share Analysis
14.2. Adaptive Traffic Control System Distributors and Customers
14.3. Adaptive Traffic Control System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TRL Krosaki Refractories Limited
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Atkins Group (SNC-Lavalin Group Inc.)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cubic Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. EFKON INDIA PRIVATE LIMITED
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Swarco Holding
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TransCore Atlantic LLC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. IBM Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CMS COMPUTERS LIMITED.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IntelliVision (Nortek Security & Control LLC.)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kapsch TrafficCom AG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook