Market Share of North America Traffic Signal Recognition Industry
The North Americatraffic signal recognition market is consolidated with many major players like Robert Bosch Gmbh, DENSO Corporation, Continental AG, Toshiba Corporation, HELLA GmbH & Co. KGaA, and others.
The market is transforming at a rapid pace, and in the coming year, many new ADAS technologies will come, although traffic signal recognition technology will have the highest priority in ADAS. Additionally, companies are introducing various new technologies and joining hands with other players to stay ahead in the market.
For instance, in April 2022, Bosch acquired Five AI, a company specializing in developing autonomous vehicle (AV) software.
North America Traffic Signal Recognition Market Leaders
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Robert Bosch Gmbh
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Continental AG
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Toshiba Corporation
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HELLA GmbH & Co. KGaA
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DENSO Corporation
*Disclaimer: Major Players sorted in no particular order