Traffic flow systems monitor traffic density and speed, process raw data, and display traffic conditions. They control the duration of traffic lights and guide drivers to ease congestion. The system collects traffic information at key intersections and highways to provide video-based vehicle detection services, including detection and statistics of traffic flow, average speed, space and time interval, space and time occupancy, vehicle type and queue length, and traffic conditions.
This report contains market size and forecasts of Traffic Flow Systems in global, including the following market information:
Global Traffic Flow Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Traffic Flow Systems Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Traffic Flow Systems companies in 2021 (%)
The global Traffic Flow Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
4 Lanes Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Traffic Flow Systems include Hikvision, Sumitomo Electric Industries, Atlantia, Q-Free, Dahua, Teledyne FLIR, Kyosan Electric Manufacturing, Clearview Intelligence and Axis and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Traffic Flow Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Traffic Flow Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Traffic Flow Systems Market Segment Percentages, by Type, 2021 (%)
4 Lanes
8 Lanes
Others
Global Traffic Flow Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Traffic Flow Systems Market Segment Percentages, by Application, 2021 (%)
City ​​Road
Highway
Others
Global Traffic Flow Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Traffic Flow Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Traffic Flow Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Traffic Flow Systems revenues share in global market, 2021 (%)
Key companies Traffic Flow Systems sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Traffic Flow Systems sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hikvision
Sumitomo Electric Industries
Atlantia
Q-Free
Dahua
Teledyne FLIR
Kyosan Electric Manufacturing
Clearview Intelligence
Axis
Efkon India