Report Study | Impact of COVID-19 on the Global Intelligent Traffic Management System Market

“The latest market research report titled “Intelligent Traffic Management System Market” methodically summarizes key elements of Intelligent Traffic Management System Market research. The report provides an in-depth study of the Intelligent Traffic Management System Market, highlighting the latest growth trends and dynamics in the Intelligent Traffic Management System Market. The report is intended to assist readers in accurately assessing current and future Intelligent Traffic Management System Market scenarios.

The Intelligent Traffic Management System Market will see significant growth and a robust CAGR over the forecast period. According to the latest research report by FactMR, the development of the Intelligent Traffic Management System Market is mainly supported by a sharp increase in demand for products and services in this industry. A detailed summary of Intelligent Traffic Management System Market valuation, sales estimate, and market stats is an important part of the report. Hence, the aim of the report is to help readers gain viable insights into the competitive spectrum of the Intelligent Traffic Management System Market. It also draws attention to the important business expansion strategies pursued by the major competitors in the market in order to strengthen their position in the world market.

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Based on product type, the intelligent traffic management systems market is segmented into:

  • 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
  • Other Systems

On the basis of spender type, the intelligent traffic management systems market is segmented into:

  • Infrastructure Enterprises & PPPs
  • Federal and Provincial Government
  • Industries & Commercial Enterprise

Based on components, the intelligent traffic management systems market is segmented into:

  • Traffic Controllers and Signals
  • Surveillance Cameras
  • Video Walls
  • Server
  • 3D Simulators
  • GUI Workstation
  • Detectors & Sensors
  • Other Components
A new Fact.MR report on intelligent traffic management system provides elaborate and valuable insights into the market performance which is likely to witness a steady growth, owing to a combination of macroeconomic and industry specific factors.

Intelligent Traffic Management System Market – Competitive Landscape

  • In March 2019, Iteris, Inc. was selected by the Metropolitan Transportation Commission (MTC) of San Francisco to improve efficiency and upgrade the intelligent traffic systems across five major cities in the area. In January 2019, the company and Cisco entered into a strategic partnership to promote the latter’s Connected Roadway solution through multiple initiatives between the two firms.
  • In February 2019, Wi-LAN Inc., a company of Quaterhill Inc., along with its several subsidiaries such as Cetus Technologies Inc. signed a comprehensive semiconductor license agreement with SK hynix Inc. The new patents cover NAND flash memory, dynamic RAM, and other related semiconductor technologies.
  • In January 2019, Kyosan Electric Manufacturing Co., Ltd. along with TSTS , a group company and Kyosan India, achieved the commissioning of its Electronic Interlocking (EI) Systems (model: K5BMC) through 100th station in Indian Railways.

Other leading players operating in the intelligent traffic management systems market include Q-Free ASA, IBM Corporation, Siemens AG, Dahua Technology Co., Ltd., Beijing E-Hualu Information Technology Co., Ltd., Econolite Control Products, Inc., and Baumer Holding AG.

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Key Points Covered in Modular Containers Industry Survey:

  • Market Estimates and Forecasts (2016-2031)
  • Key Drivers and Restraints Shaping Market Growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Market Share Analysis
  • COVID-19 Impact on Modular Containers and How to Navigate
  • Recommendation on Key Winning Strategies

Intelligent Traffic Management System Market Report Highlights:

  • Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprints

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Geographical Analysis of the Intelligent Traffic Management System Market:
The latest Business Intelligence report analyzes the Intelligent Traffic Management System Market in terms of market size and consumer base in major market regions. The Intelligent Traffic Management System Market can be divided into North America, Asia Pacific, Europe, Latin America, Middle East and Africa based on geography. This section of the report carefully assesses the presence of the Intelligent Traffic Management System Market in key regions. It determines the market share, the market size, the sales contribution, the distribution network and the distribution channels of each regional segment.

Geographic Segment Covered in the Report:

  • North America (USA and Canada)
  • Europe (UK, Germany, France and the rest of Europe)
  • Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
  • Latin America (Brazil, Mexico, and the rest of Latin America)
  • Middle East and Africa (GCC and rest of the Middle East and Africa)

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