Intelligent traffic signals are part of the integrated traffic management system and are used to effectively control traffic from a centralized location.These systems are equipped with embedded sensors that can be used to analyze peak traffic throughout the day.Intelligent signaling systems can eventually be automated by using AI to proactively redirect traffic on high-throughput routes, thereby reducing traffic congestion, pollution, travel time, and associated costs.Intelligent traffic signals and sensors can control the flow of traffic between cities based on specific levels of demand.Through this implementation, congestion can be reduced by smoothing traffic flow and prioritizing traffic on demand in real time and reducing pollution throughout the city.In addition, intelligent signals simultaneously collect event-based high-resolution traffic data from multiple intersections and create real-time signal performance measurements, including arterial travel time, stop times, queue length, intersections delay and service levels.The system helps eliminate stop-start driving, which is inefficient and polluting.
In 2018, the global Smart Signaling market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Smart Signaling status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Signaling development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
The key players covered in this study
Trafficware
Siemens AG
Rapid Flow Technologies
Wabtec Corporation
Jenoptik
Econolite
Onnyx Electronisys
Miovision
Global Traffic Technologies
Reno A&E
General Electric
Market segment by Type, the product can be split into
Hardware
Software
Service
Market segment by Application, split into
Urban Traffic
Public Transport
Freeway
Others
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Smart Signaling status, future forecast, growth opportunity, key market and key players.
To present the Smart Signaling development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Smart Signaling are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Smart Signaling. Industry analysis & Market Report on Smart Signaling is a syndicated market report, published as Global Smart Signaling Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Smart Signaling market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.