Traffic monitoring is the first step to identify the pattern of traffic to choose an optimum solution for traffic flow. Traffic monitoring consists of many functions such as automatic number plate detection, vehicle detection, and journey time measurement systems. Developing countries such as India and China, are facing rapid urbanisation rates which have resulted in continuous monitoring of the traffic to avoid congestion and to predict traffic patterns. This is estimated to lead the traffic monitoring segment to the highest market share in the integrated traffic systems market by 2025.

Sensors are estimated to grow at the highest CAGR in the traffic monitoring systems arena. According to the analysts, the highest growth in the sensors market can be attributed to the application of sensors in multiple systems. Sensors are used in traffic management for gathering data and sending traffic safety warnings. Sensors play a pivotal role in controlling and managing a city’s traffic. Further, they help in providing driving assistance.

The growing demand for traffic monitoring and traffic control to increase the average speed of the traffic is propelling the demand for sensors. Moreover, the advent of connected technologies in traffic systems will act as a catalyst to the growth of the sensors market in the future.

In terms of geographical regions, the research found that the European integrated systems market is estimated to be the largest in 2019. The significant increase in the volume of vehicular traffic over the last couple of decades and the inability of existing transport infrastructure to support the same is estimated to drive the demand for integrated traffic systems. Additionally, developed countries such as the UK and Germany with a stringent focus on road safety will further drive the market.

The report analyses major players in the integrated traffic systems market such as Kapsch Trafficcom, Cubic, Swarco, Siemens, and Iteris.