An adaptive traffic control system is a process by which the timing of a traffic signal is continuously adjusted based on the traffic at intersections. Moreover, adaptive traffic control systems provide a fixed timing for green signal at each intersection and update the anticipated arrivals for adjacent intersections. Additionally, as arrival patterns change from time to time, the timing for green signal at each intersection also changes.
This report contains market size and forecasts of Adaptive Traffic Control System in Global, including the following market information:
Global Adaptive Traffic Control System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Adaptive Traffic Control System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Adaptive Traffic Control System include TRL Krosaki Refractories Limited, Atkins Group (SNC-Lavalin Group Inc.), Cubic Corporation, EFKON INDIA PRIVATE LIMITED, Siemens AG, Swarco Holding, TransCore Atlantic LLC, IBM Corporation and CMS COMPUTERS LIMITED., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Adaptive Traffic Control System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Adaptive Traffic Control System Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Adaptive Traffic Control System Market Segment Percentages, by Type, 2021 (%)
Hardware
Software
Services
Global Adaptive Traffic Control System Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Adaptive Traffic Control System Market Segment Percentages, by Application, 2021 (%)
Roadworks
Highway
Street
Global Adaptive Traffic Control System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Adaptive Traffic Control System 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 Adaptive Traffic Control System revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Adaptive Traffic Control System revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
TRL Krosaki Refractories Limited
Atkins Group (SNC-Lavalin Group Inc.)
Cubic Corporation
EFKON INDIA PRIVATE LIMITED
Siemens AG
Swarco Holding
TransCore Atlantic LLC
IBM Corporation
CMS COMPUTERS LIMITED.
IntelliVision (Nortek Security & Control LLC.)
Kapsch TrafficCom AG