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Global Smart Signaling Market Research Report 2024
Synopsis
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.
The global Smart Signaling market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Smart Signaling is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Smart Signaling is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Smart Signaling in Urban Traffic is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Smart Signaling include Trafficware, Siemens AG, Rapid Flow Technologies, Wabtec Corporation, Jenoptik, Econolite, Onnyx Electronisys, Miovision and Global Traffic Technologies, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Smart Signaling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Signaling.
Report Scope
The Smart Signaling market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Signaling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Signaling companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Trafficware
Siemens AG
Rapid Flow Technologies
Wabtec Corporation
Jenoptik
Econolite
Onnyx Electronisys
Miovision
Global Traffic Technologies
Reno A＆E
General Electric
Segment by Type
Hardware
Software
Service
Segment by Application
Urban Traffic
Public Transport
Freeway
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Signaling companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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.
The global Smart Signaling market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Smart Signaling is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Smart Signaling is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Smart Signaling in Urban Traffic is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Smart Signaling include Trafficware, Siemens AG, Rapid Flow Technologies, Wabtec Corporation, Jenoptik, Econolite, Onnyx Electronisys, Miovision and Global Traffic Technologies, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Smart Signaling, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Signaling.
Report Scope
The Smart Signaling market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Signaling market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Signaling companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Trafficware
Siemens AG
Rapid Flow Technologies
Wabtec Corporation
Jenoptik
Econolite
Onnyx Electronisys
Miovision
Global Traffic Technologies
Reno A＆E
General Electric
Segment by Type
Hardware
Software
Service
Segment by Application
Urban Traffic
Public Transport
Freeway
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Signaling companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Signaling Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hardware
1.2.3 Software
1.2.4 Service
1.3 Market by Application
1.3.1 Global Smart Signaling Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Urban Traffic
1.3.3 Public Transport
1.3.4 Freeway
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Signaling Market Perspective (2019-2030)
2.2 Smart Signaling Growth Trends by Region
2.2.1 Global Smart Signaling Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Signaling Historic Market Size by Region (2019-2024)
2.2.3 Smart Signaling Forecasted Market Size by Region (2025-2030)
2.3 Smart Signaling Market Dynamics
2.3.1 Smart Signaling Industry Trends
2.3.2 Smart Signaling Market Drivers
2.3.3 Smart Signaling Market Challenges
2.3.4 Smart Signaling Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Signaling Players by Revenue
3.1.1 Global Top Smart Signaling Players by Revenue (2019-2024)
3.1.2 Global Smart Signaling Revenue Market Share by Players (2019-2024)
3.2 Global Smart Signaling Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Smart Signaling Revenue
3.4 Global Smart Signaling Market Concentration Ratio
3.4.1 Global Smart Signaling Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Signaling Revenue in 2023
3.5 Smart Signaling Key Players Head office and Area Served
3.6 Key Players Smart Signaling Product Solution and Service
3.7 Date of Enter into Smart Signaling Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Signaling Breakdown Data by Type
4.1 Global Smart Signaling Historic Market Size by Type (2019-2024)
4.2 Global Smart Signaling Forecasted Market Size by Type (2025-2030)
5 Smart Signaling Breakdown Data by Application
5.1 Global Smart Signaling Historic Market Size by Application (2019-2024)
5.2 Global Smart Signaling Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Signaling Market Size (2019-2030)
6.2 North America Smart Signaling Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Smart Signaling Market Size by Country (2019-2024)
6.4 North America Smart Signaling Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Signaling Market Size (2019-2030)
7.2 Europe Smart Signaling Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Smart Signaling Market Size by Country (2019-2024)
7.4 Europe Smart Signaling Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Smart Signaling Market Size (2019-2030)
8.2 Asia-Pacific Smart Signaling Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Smart Signaling Market Size by Region (2019-2024)
8.4 Asia-Pacific Smart Signaling Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Smart Signaling Market Size (2019-2030)
9.2 Latin America Smart Signaling Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Smart Signaling Market Size by Country (2019-2024)
9.4 Latin America Smart Signaling Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Signaling Market Size (2019-2030)
10.2 Middle East & Africa Smart Signaling Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Smart Signaling Market Size by Country (2019-2024)
10.4 Middle East & Africa Smart Signaling Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Trafficware
11.1.1 Trafficware Company Detail
11.1.2 Trafficware Business Overview
11.1.3 Trafficware Smart Signaling Introduction
11.1.4 Trafficware Revenue in Smart Signaling Business (2019-2024)
11.1.5 Trafficware Recent Development
11.2 Siemens AG
11.2.1 Siemens AG Company Detail
11.2.2 Siemens AG Business Overview
11.2.3 Siemens AG Smart Signaling Introduction
11.2.4 Siemens AG Revenue in Smart Signaling Business (2019-2024)
11.2.5 Siemens AG Recent Development
11.3 Rapid Flow Technologies
11.3.1 Rapid Flow Technologies Company Detail
11.3.2 Rapid Flow Technologies Business Overview
11.3.3 Rapid Flow Technologies Smart Signaling Introduction
11.3.4 Rapid Flow Technologies Revenue in Smart Signaling Business (2019-2024)
11.3.5 Rapid Flow Technologies Recent Development
11.4 Wabtec Corporation
11.4.1 Wabtec Corporation Company Detail
11.4.2 Wabtec Corporation Business Overview
11.4.3 Wabtec Corporation Smart Signaling Introduction
11.4.4 Wabtec Corporation Revenue in Smart Signaling Business (2019-2024)
11.4.5 Wabtec Corporation Recent Development
11.5 Jenoptik
11.5.1 Jenoptik Company Detail
11.5.2 Jenoptik Business Overview
11.5.3 Jenoptik Smart Signaling Introduction
11.5.4 Jenoptik Revenue in Smart Signaling Business (2019-2024)
11.5.5 Jenoptik Recent Development
11.6 Econolite
11.6.1 Econolite Company Detail
11.6.2 Econolite Business Overview
11.6.3 Econolite Smart Signaling Introduction
11.6.4 Econolite Revenue in Smart Signaling Business (2019-2024)
11.6.5 Econolite Recent Development
11.7 Onnyx Electronisys
11.7.1 Onnyx Electronisys Company Detail
11.7.2 Onnyx Electronisys Business Overview
11.7.3 Onnyx Electronisys Smart Signaling Introduction
11.7.4 Onnyx Electronisys Revenue in Smart Signaling Business (2019-2024)
11.7.5 Onnyx Electronisys Recent Development
11.8 Miovision
11.8.1 Miovision Company Detail
11.8.2 Miovision Business Overview
11.8.3 Miovision Smart Signaling Introduction
11.8.4 Miovision Revenue in Smart Signaling Business (2019-2024)
11.8.5 Miovision Recent Development
11.9 Global Traffic Technologies
11.9.1 Global Traffic Technologies Company Detail
11.9.2 Global Traffic Technologies Business Overview
11.9.3 Global Traffic Technologies Smart Signaling Introduction
11.9.4 Global Traffic Technologies Revenue in Smart Signaling Business (2019-2024)
11.9.5 Global Traffic Technologies Recent Development
11.10 Reno A＆E
11.10.1 Reno A＆E Company Detail
11.10.2 Reno A＆E Business Overview
11.10.3 Reno A＆E Smart Signaling Introduction
11.10.4 Reno A＆E Revenue in Smart Signaling Business (2019-2024)
11.10.5 Reno A＆E Recent Development
11.11 General Electric
11.11.1 General Electric Company Detail
11.11.2 General Electric Business Overview
11.11.3 General Electric Smart Signaling Introduction
11.11.4 General Electric Revenue in Smart Signaling Business (2019-2024)
11.11.5 General Electric Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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