What is the current Traffic Sensors Market size?

The Traffic Sensors Market is projected to register a CAGR of 8.10% during the forecast period (2024-2029) Read More

Who are the key players in Traffic Sensors Market?

Raytheon Company, Flir Systems Inc., Siemens AG, TE Connectivity Ltd and Kistler Group are the major companies operating in the Traffic Sensors Market. Read More

Which is the fastest growing region in Traffic Sensors Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Traffic Sensors Market?

In 2024, the North America accounts for the largest market share in Traffic Sensors Market. Read More

What years does this Traffic Sensors Market cover?

The report covers the Traffic Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Traffic Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Traffic Sensor Market - Share, Size & Growth

Traffic Sensor Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Traffic Sensors Market is Segmented by Sensor Type (Inductive Loop, Piezoelectric Sensor, Bending Plate, Image Sensor, Infrared Sensor), Application (Vehicle Measurement and Profiling, Weigh in Motion, Traffic Monitoring, Automated Tolling), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

Traffic Sensors Industry Overview

The major players includeKistler Group, Flir Systems Inc., TE Connectivity Ltd, SICK AG, Axis Communications AB, Raytheon Company, and Siemens AG, among others. The market is fragmentedsince it is competitive without dominant players. Hence, the market concentration will be low.

August 2018 -TE Connectivity acquired ENTRELEC terminal block business from ABB which expands the company’s product portfolio and widens the consumer reach.
January 2018 -Ericssonwill provide its Connected Urban Transport solution for the City of Dallas' Advanced Traffic Management System. The solution is designed to ease traffic congestion by the use of an interface to automate and facilitate systems monitoring, performance monitoring, management, and maintenance, with the ability to share data across cities and countries. The solution is expected to allow the City of Dallas to expand its knowledge about traffic issues and assist with operational decision making to improve traffic flow.