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TRAFFIC SENSORS

Global Market Trajectory & Analytics

MCP15277

VALIDATED EXECUTIVE ENGAGEMENTS

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POOL + OUTREACH

14463

Interactions with Platform & by Email *

INTERACTIONS

1736

Unique # Participated *

PARTICIPANTS

434

Responses Validated *

VALIDATIONS

195

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  •  DATE

    MAY 2020

  •  TABLES

    129

  •  PAGES

    205

  •  EDITION

    8

  •  PRICE

    US$4950


COVID-19 IMPACT SURVEY MAY 2020

Amid the COVID-19 crisis and the looming economic recession, the Traffic Sensors market worldwide will grow by a projected US$170.4 Million, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 7.5%. Inductive loops, one of the segments analyzed and sized in this study, is forecast to grow at over 6.8% and reach a market size of US$30 Million by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Inductive loops market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 8.8% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$7.7 Million to the region's size over the next 7 to 8 years. In addition, over US$7.7 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Inductive loops segment will reach a market size of US$1.7 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Traffic Sensors market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 7.7% over the next couple of years and add approximately US$26.8 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Traffic Sensors market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others, AGD Systems Ltd.; Axis Communications AB; Diablo Controls Inc.; Efkon AG; FLIR Systems, Inc.; Image Sensing Systems, Inc.; International Road Dynamics, Inc.; Jenoptik AG; Kapsch TrafficCom AG; Kistler Group; LeddarTech Inc.; Miovision Technologies Inc.; Q-Free ASA; Raytheon Company; Sensys Network, Inc.; SICK AG; Siemens AG; SWARCO AG; TE Connectivity Ltd.; TransCore

SEGMENTS

» Application (Vehicle Measurement and Profiling, Weigh in Motion, Traffic Monitoring, Automated Tolling (E-Toll)) » Type (Inductive loops, Piezoelectric sensors, Image sensors, Infrared sensors, LiDAR sensors, Radar sensors, Magnetic sensors, Acoustic Sensors, Thermal sensors, Bending plates)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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