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Intelligent Traffic Management System Market Analysis By Type(Integrated Urban Traffic Control System, Variable / Dynamic Message Signs, Emergency Response Systems, Border Control System, Electronic Toll Collection System, Parking Management System, Violation and Measurement Systems, Tunnel Management System, Freeway Management System), By Components(Traffic Controllers and Signals, Surveillance Cameras, Video Walls, Server, 3D Simulators, GUI Workstation, Detectors & Sensors, Other Components), By Spender Type(Infrastructure Enterprises & Ppps, Federal & Provincial Government, Industries & Commercial Enterprise) & Forecast 2024-2035

  • PUBLISHED ON
  • 10/11/2022
  • NO OF PAGES
  • 230
  • CATEGORY
  • Automotive & Transportation
The global intelligent traffic management system market size was valued at USD 10.6 billion in 2022 and anticipated to grow at a CAGR of 13.6% during the forecast period.

The Intelligent Traffic Management System market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Intelligent Traffic Management System market. On the basis of historic growth analysis and current scenario of Intelligent Traffic Management System market place, the report intends to offer actionable insights and outlook on global / regional market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tool that facilitate deeper understanding of multiple aspects of global Intelligent Traffic Management System market. These further helps users with their developmental strategy.

This report examines all the key factors influencing growth of global Intelligent Traffic Management System market, including demand-supply scenario, pricing structure, profit margins, production and value chain / ecosystem analysis. Regional assessment of global Intelligent Traffic Management System market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.

Global Intelligent Traffic Management System Market: Major Players
Cubic Corporation
SNC-Lavalin Group (Atkins)
Thales Group
International Business Machines Corporation
General Electric Company
Siemens AG
Kapsch TrafficCom
TomTom International BV
Q-Free ASA
TransCore
IBM Corporation
Dahua Technology Co., Ltd
Beijing E-Hualu Information Technology Co., Ltd
Econolite Control Products, Inc
Baumer Holding AG
Iteris Inc
Quarterhill Inc
Fujitsu
Imtech
SWARCO
Others

Global Intelligent Traffic Management System Market: By Type
Integrated Urban Traffic Control System
Variable / Dynamic Message Signs
Emergency Response Systems
Border Control System
Electronic Toll Collection System
Parking Management System
Violation and Measurement Systems
Tunnel Management System
Freeway Management System
Others

Global Intelligent Traffic Management System Market: By Components
Traffic Controllers and Signals
Surveillance Cameras
Video Walls
Server
3D Simulators
GUI Workstation
Detectors & Sensors
Other Components

Global Intelligent Traffic Management System Market: By Spender Type
Infrastructure Enterprises & Ppps
Federal & Provincial Government
Industries & Commercial Enterprise

Global Intelligent Traffic Management System Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Intelligent Traffic Management System market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Global Intelligent Traffic Management System Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035

1.       Global Intelligent Traffic Management System Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Intelligent Traffic Management System Market Scope and Market Estimation

1.2.1.Global Intelligent Traffic Management System Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023 - 2032)

1.2.2.Global Intelligent Traffic Management System Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2032

1.3.    Market Segmentation

1.3.1.Type of Global Intelligent Traffic Management System Market

1.3.2.Components of Global Intelligent Traffic Management System Market

1.3.3.Spender Type of Global Intelligent Traffic Management System Market

1.3.4.Region of Global Intelligent Traffic Management System Market

2.       Executive Summary

3.       Market Factor Analysis

3.1.    Global Intelligent Traffic Management System Market Industry Trends under COVID-19 Outbreak

3.1.1.Global COVID-19 Status Overview

3.1.2.Influence of COVID-19 Outbreak on Global Intelligent Traffic Management System Market Industry Development

3.2.   Market Dynamics, By Region

3.2.1.Drivers

3.2.2.Limitations

3.2.3.Opportunities

3.2.4.Impact Analysis of Drivers and Restraints

3.3.   Ecosystem / Value Chain Analysis

3.3.1.Raw Materials / Component Suppliers

3.3.2.Manufacturers / Vendors

3.3.3.Distributors

3.3.4.Buyers / End-users

3.3.5.Forward Integration & Backward Integration of Key Stakeholders

3.4.   Global Intelligent Traffic Management System Market - Pricing Trends Analysis & Average Selling Prices (ASPs)

3.5.   End-users / Customer Preferences & Consumer Surveys

3.6.   Technology Roadmap & Key Innovations /Developments

3.7.   Key Mandates & Regulatory Scenario Analysis

3.8.   Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

3.9.   Porter’s Five Forces Analysis

3.9.1.Bargaining Power of Suppliers

3.9.2.Bargaining Power of Buyers

3.9.3.Threat of Substitutes

3.9.4.Threat of New Entrants

3.9.5.Competitive Rivalry

3.10.  PEST Analysis

3.10.1.    Political Factors

3.10.2.    Economic Factors

3.10.3.    Social Factors

3.10.4.    Technological Factors

3.11.  SWOT Analysis

3.12.  Russia-Ukraine War Impacts Analysis

3.13.  ANSOFF Matrix

3.13.1.    Market Penetration Strategy

3.13.2.    Product Development Strategy

3.13.3.    Market Development Strategy

3.13.4.    Diversification Strategy

3.14.  Inflation Impacts Analysis

3.14.1.    Supply Side Impacts

3.14.2.    Demand Side Impacts

3.14.3.    Outlook in 2023 & Beyond

3.15.  Market Investment Feasibility Analysis

3.16.  Opportunity Map Analysis

3.17.  Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Regions

4.       Global Intelligent Traffic Management System Market Estimates & Historical Trend Analysis (2019 - 2022)

5.       Global Intelligent Traffic Management System Market Estimates & Forecast Trend Analysis, by Type

5.1.    Global Intelligent Traffic Management System Market Revenue (US$ Mn) Estimates and Forecasts, by Type, 2019 to 2032

5.1.1.Integrated Urban Traffic Control System

5.1.2.Variable / Dynamic Message Signs

5.1.3.Emergency Response Systems

5.1.4.Border Control System

5.1.5.Electronic Toll Collection System

5.1.6.Parking Management System

5.1.7.Violation and Measurement Systems

5.1.8.Tunnel Management System

5.1.9.Freeway Management System

5.1.10.    Others

6.       Global Intelligent Traffic Management System Market Estimates & Forecast Trend Analysis, by Components

6.1.    Global Intelligent Traffic Management System Market Revenue (US$ Mn) Estimates and Forecasts, by Components, 2019 to 2032

6.1.1.Traffic Controllers and Signals

6.1.2.Surveillance Cameras

6.1.3.Video Walls

6.1.4.Server

6.1.5.3D Simulators

6.1.6.GUI Workstation

6.1.7.Detectors & Sensors

6.1.8.Other Components

7.       Global Intelligent Traffic Management System Market Estimates & Forecast Trend Analysis, by Spender Type

7.1.    Global Intelligent Traffic Management System Market Revenue (US$ Mn) Estimates and Forecasts, by Spender Type, 2019 to 2032

7.1.1.Infrastructure Enterprises & Ppps

7.1.2.Federal & Provincial Government

7.1.3.Industries & Commercial Enterprise

8.       Global Intelligent Traffic Management System Market Estimates & Forecast Trend Analysis, by Region

8.1.    Global Intelligent Traffic Management System Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2032

8.1.1.North America

8.1.2.Europe

8.1.3.Asia Pacific

8.1.4.Middle East & Africa

8.1.5.South America

9.       North America Intelligent Traffic Management System Market: Estimates & Forecast Trend Analysis

9.1.    North America Intelligent Traffic Management System Market Assessments & Key Findings

9.1.1.Intelligent Traffic Management System Market Introduction

9.1.2.Intelligent Traffic Management System Market Size Estimates and Forecast (US$ Million) (2019 – 2031)

9.1.2.1.   By Type

9.1.2.2.   By Components

9.1.2.3.   By Spender Type

9.1.2.4.   By Country

9.1.2.4.1.     The U.S.

9.1.2.4.2.     Canada

9.1.2.4.3.     Mexico

10.   Europe Intelligent Traffic Management System Market: Estimates & Forecast Trend Analysis

10.1.  Europe Intelligent Traffic Management System Market Assessments & Key Findings

10.1.1.   Intelligent Traffic Management System Market Introduction

10.1.2.   Intelligent Traffic Management System Market Size Estimates and Forecast (US$ Million) (2019 – 2031)

10.1.2.1.    By Type

10.1.2.2.    By Components

10.1.2.3.    By Spender Type

10.1.2.4.    By Country

10.1.2.4.1. Germany

10.1.2.4.2. U.K.

10.1.2.4.3. France

10.1.2.4.4. Italy

10.1.2.4.5. Spain

10.1.2.4.6. Russia

10.1.2.4.7. Rest of Europe

11.   Asia Pacific Intelligent Traffic Management System Market: Estimates & Forecast Trend Analysis

11.1.  Asia Pacific Market Assessments & Key Findings

11.1.1.    Intelligent Traffic Management System Market Introduction

11.1.2.    Intelligent Traffic Management System Market Size Estimates and Forecast (US$ Million) (2019 – 2031)

11.1.2.1.    By Type

11.1.2.2.    By Components

11.1.2.3.    By Spender Type

11.1.2.4.    By Country

11.1.2.4.1. China

11.1.2.4.2. Japan

11.1.2.4.3. India

11.1.2.4.4. Australia

11.1.2.4.5. South Korea

11.1.2.4.6. ASEAN

11.1.2.4.7. Rest of Asia Pacific

12.   Middle East & Africa Intelligent Traffic Management System Market: Estimates & Forecast Trend Analysis

12.1.  Middle East & Africa Market Assessments & Key Findings

12.1.1.   Intelligent Traffic Management System Market Introduction

12.1.2.   Intelligent Traffic Management System Market Size Estimates and Forecast (US$ Million) (2019 – 2031)

12.1.2.1.    By Type

12.1.2.2.    By Components

12.1.2.3.    By Spender Type

12.1.2.4.    By Country

12.1.2.4.1. U.A.E.

12.1.2.4.2. Saudi Arabia

12.1.2.4.3. Egypt

12.1.2.4.4. South Africa

12.1.2.4.5. Rest of Middle East & Africa

13.   South America Intelligent Traffic Management System Market: Estimates & Forecast Trend Analysis

13.1.  South America Market Assessments & Key Findings

13.1.1.   Intelligent Traffic Management System Market Introduction

13.1.2.   Intelligent Traffic Management System Market Size Estimates and Forecast (US$ Million) (2019 – 2031)

13.1.2.1.    By Type

13.1.2.2.    By Components

13.1.2.3.    By Spender Type

13.1.2.4.    By Country

13.1.2.4.1. Brazil

13.1.2.4.2. Argentina

13.1.2.4.3. Colombia

13.1.2.4.4. Rest of South America

14.   Competition Landscape

14.1.  Intelligent Traffic Management System Market Competition Index, By Leading Players

14.2.  Intelligent Traffic Management System Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

14.3.  Intelligent Traffic Management System Market Competition White Space Analysis, By Application / End-users

14.4.  Intelligent Traffic Management System Market Competition Heat Map Analysis, By Products / Services / Solutions

14.5.  Intelligent Traffic Management System Market Competition Regional Intensity Map Analysis, By Geographies Served

14.6.  Intelligent Traffic Management System Market Concentration & Company Market Shares (%) Analysis, 2022

15.   Company Profiles

15.1.  Cubic Corporation

15.1.1.    Company Overview & Key Stats

15.1.2.    Financial Performance & KPIs

15.1.3.    Product / Service / Solutions Portfolio & Applications / End-uses

15.1.4.    Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

15.2.      SNC-Lavalin Group (Atkins)

15.3.      Thales Group

15.4.      International Business Machines Corporation

15.5.      General Electric Company

15.6.      Siemens AG

15.7.      Kapsch TrafficCom

15.8.      TomTom International BV

15.9.      Q-Free ASA

15.10.   TransCore

15.11.   IBM Corporation

15.12.   Dahua Technology Co., Ltd

15.13.   Beijing E-Hualu Information Technology Co., Ltd

15.14.   Econolite Control Products, Inc

15.15.   Baumer Holding AG

15.16.   Iteris Inc

15.17.   Quarterhill Inc

15.18.   Fujitsu

15.19.   Imtech

15.20.   SWARCO

15.21.   Others**

16.   Research Methodology

16.1.  External Sources / Databases

16.2.  Internal Proprietary Database

16.3.  Primary Research

16.4.  Secondary Research

16.5.  Assumptions

16.6.  Limitations

16.7.  Report FAQs

17.   Research Findings & Conclusion 

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


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