Market Overview:
The global Vehicle Counter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for vehicle counters in public and civil applications. The North America region is expected to dominate the global Vehicle Counter market during the forecast period, followed by Europe and Asia Pacific.
Product Definition:
A vehicle counter is a device that counts the number of vehicles that pass through an area. This information can be used to help manage traffic flow and make informed decisions about transportation planning.
Inductive Loop Vehicle Counter:
The global inductive loop vehicle counter is a device used for counting the number of vehicles that pass through a fixed point. It is an electronic device, which consists of an electromagnetic induction coil and a photo-sensitive diode. The whole setup works on the basis of detecting number of times vehicle has passed through particular point using electromagnetic induction method.
Increasing demand for integrated solutions in transportation systems along with growing need to reduce traffic congestion at toll plazas.
Pressure Hose Vehicle Counter:
The pressure hose vehicle counter is a device used to count the number of vehicles that pass through a fixed point in an efficient and controlled manner. It can be used for traffic management, road safety or maintenance operations. The pressure hose vehicle counter has applications in construction, mining, oil & gas and power generation industries.
It is mainly used for counting the number of vehicles such as lorries/trucks/bus etc.
Application Insights:
The public vehicle counter segment dominated the global market in 2017. This can be attributed to the rising number of vehicles on roads, increasing traffic congestion and growing urbanization. Moreover, governments are taking initiatives to control vehicular population through mass transportation systems that encourage people to use public transport instead. These initiatives are expected to increase passenger travel by bus and train which will result in higher demand for vehicle counters at bus stands and railway stations over the forecast period.
Civil application is anticipated to witness a significant growth rate over the forecast period owing civil works such as construction sites, industrial units etcetera being constructed at an alarming rate globally thereby increasing requirement of vehicles for these purposes leading to increased demand for civil applications of vehicle counters during construction activities or when required by governments across various regions worldwide. Increasing need for controlling access of visitors/workers on large construction sites has been encouraging authorities worldwide adopt portable counter measures such as infrared Vehicle Counter from Elkoil Ltd.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to grow at a significant rate over the forecast period. This growth can be attributed to increasing vehicle traffic, rising number of vehicles on roads, rapid urbanization along with growing industrialization across emerging economies such as India and China.
The North American regional market was valued at USD X million in 2017 owing to presence of prominent automotive manufacturers such as General Motors Company, Ford Motor Company, and Fiat Chrysler Automobiles N.V., coupled with high vehicle ownership levels compared to other regions across the globe. Moreover, increasing emphasis laid down by government organizations on implementation of countermeasures for reducing vehicular emissions is anticipated to boost demand for these devices within this region during the forecast period from 2018-2030 (USD Million).
Growth Factors:
- Increasing demand for vehicles from the automotive sector is expected to drive the growth of the vehicle counter market during the forecast period.
- The increasing adoption of advanced technologies in vehicles is projected to fuel the demand for vehicle counters in the coming years.
- Growing concerns regarding safety and security are anticipated to propel the growth of this market in near future.
- Rising number of accidents and thefts are expected to create a positive impact on this market over next few years. 5) Proliferation of e-commerce is likely to provide lucrative opportunities for players operating in this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Counter Market Research Report
By Type
Inductive Loop Vehicle Counter, Pressure Hose Vehicle Counter, Infrared Vehicle Counter, Portable Vehicle Counter, Others
By Application
Public, Civil
By Companies
Optex Ltd., Magenta Srl, Sensource Inc., Sensorfi, LLC, Diamond Traffic Products, MetroCount, R&R Technologies, Inc, TRAFx Research Ltd, All Traffic Solutions, FST Korea, Highlight Manufacturing Corp., Ltd, Eco-Counter, Innova AB, Rennicks, SurviCam
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Counter Market Report Segments:
The global Vehicle Counter market is segmented on the basis of:
Types
Inductive Loop Vehicle Counter, Pressure Hose Vehicle Counter, Infrared Vehicle Counter, Portable Vehicle Counter, Others
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
Public, Civil
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:
- Optex Ltd.
- Magenta Srl
- Sensource Inc.
- Sensorfi, LLC
- Diamond Traffic Products
- MetroCount
- R&R Technologies, Inc
- TRAFx Research Ltd
- All Traffic Solutions
- FST Korea
- Highlight Manufacturing Corp., Ltd
- Eco-Counter
- Innova AB
- Rennicks
- SurviCam
Highlights of The Vehicle Counter 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:
- Inductive Loop Vehicle Counter
- Pressure Hose Vehicle Counter
- Infrared Vehicle Counter
- Portable Vehicle Counter
- Others
- By Application:
- Public
- Civil
- 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 Vehicle Counter 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Vehicle counter is a tool that helps you keep track of the number of vehicles in your fleet. It can help you identify any patterns or trends in how often different types of vehicles are used, and it can help you make informed decisions about how to allocate resources (such as maintenance and fuel) among your fleet.
Some of the major companies in the vehicle counter market are Optex Ltd., Magenta Srl, Sensource Inc., Sensorfi, LLC, Diamond Traffic Products, MetroCount, R&R Technologies, Inc, TRAFx Research Ltd, All Traffic Solutions, FST Korea, Highlight Manufacturing Corp., Ltd, Eco-Counter, Innova AB, Rennicks, SurviCam.
The vehicle counter market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vehicle Counter 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. Vehicle Counter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vehicle Counter Market - Supply Chain
4.5. Global Vehicle Counter Market Forecast
4.5.1. Vehicle Counter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vehicle Counter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vehicle Counter Market Absolute $ Opportunity
5. Global Vehicle Counter 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. Vehicle Counter Market Size and Volume Forecast by Type
5.3.1. Inductive Loop Vehicle Counter
5.3.2. Pressure Hose Vehicle Counter
5.3.3. Infrared Vehicle Counter
5.3.4. Portable Vehicle Counter
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vehicle Counter 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. Vehicle Counter Market Size and Volume Forecast by Application
6.3.1. Public
6.3.2. Civil
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vehicle Counter 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. Vehicle Counter 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 Vehicle Counter 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. Vehicle Counter 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 Vehicle Counter Demand Share Forecast, 2019-2026
9. North America Vehicle Counter 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 Vehicle Counter 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 Vehicle Counter Market Size and Volume Forecast by Application
9.4.1. Public
9.4.2. Civil
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vehicle Counter Market Size and Volume Forecast by Type
9.7.1. Inductive Loop Vehicle Counter
9.7.2. Pressure Hose Vehicle Counter
9.7.3. Infrared Vehicle Counter
9.7.4. Portable Vehicle Counter
9.7.5. Others
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 Vehicle Counter Demand Share Forecast, 2019-2026
10. Latin America Vehicle Counter 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 Vehicle Counter 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 Vehicle Counter Market Size and Volume Forecast by Application
10.4.1. Public
10.4.2. Civil
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vehicle Counter Market Size and Volume Forecast by Type
10.7.1. Inductive Loop Vehicle Counter
10.7.2. Pressure Hose Vehicle Counter
10.7.3. Infrared Vehicle Counter
10.7.4. Portable Vehicle Counter
10.7.5. Others
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 Vehicle Counter Demand Share Forecast, 2019-2026
11. Europe Vehicle Counter 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 Vehicle Counter 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 Vehicle Counter Market Size and Volume Forecast by Application
11.4.1. Public
11.4.2. Civil
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vehicle Counter Market Size and Volume Forecast by Type
11.7.1. Inductive Loop Vehicle Counter
11.7.2. Pressure Hose Vehicle Counter
11.7.3. Infrared Vehicle Counter
11.7.4. Portable Vehicle Counter
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectons 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 Vehicle Counter Demand Share, 2019-2026
12. Asia Pacific Vehicle Counter 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 Vehicle Counter 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 Vehicle Counter Market Size and Volume Forecast by Application
12.4.1. Public
12.4.2. Civil
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vehicle Counter Market Size and Volume Forecast by Type
12.7.1. Inductive Loop Vehicle Counter
12.7.2. Pressure Hose Vehicle Counter
12.7.3. Infrared Vehicle Counter
12.7.4. Portable Vehicle Counter
12.7.5. Others
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 Vehicle Counter Demand Share, 2019-2026
13. Middle East & Africa Vehicle Counter 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 Vehicle Counter 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 Vehicle Counter Market Size and Volume Forecast by Application
13.4.1. Public
13.4.2. Civil
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vehicle Counter Market Size and Volume Forecast by Type
13.7.1. Inductive Loop Vehicle Counter
13.7.2. Pressure Hose Vehicle Counter
13.7.3. Infrared Vehicle Counter
13.7.4. Portable Vehicle Counter
13.7.5. Others
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 Vehicle Counter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vehicle Counter Market: Market Share Analysis
14.2. Vehicle Counter Distributors and Customers
14.3. Vehicle Counter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Optex Ltd.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Magenta Srl
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sensource Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sensorfi, LLC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Diamond Traffic Products
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MetroCount
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. R&R Technologies, Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TRAFx Research Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. All Traffic Solutions
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FST Korea
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Highlight Manufacturing Corp., Ltd
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Eco-Counter
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Innova AB
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rennicks
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SurviCam
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
