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Traffic Sensor Market Perspective by Comprehensive Analysis Growth Prediction to 2026

Traffic sensors are used for traffic management, automatic incident detection, and data collection. Traffic sensors provide standard data regarding traffic, speed, and area occupancy, which are helpful to avoid congestion in the large metropolitan areas. Moreover, these sensors helps to accurately measure average flow speed, which helps to distinguish different service levels such as dense, congestion, queue, and fluid. Traffic sensors improves the efficiency and capacity of transportation networks.

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Traffic Sensor Market Perspective by Comprehensive Analysis Growth Prediction to 2026

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  1. Traffic Sensor Market Perspective by Comprehensive Analysis Growth Prediction to 2026 Traffic Sensor Market research provides industry analysis by type, manufacturer, application along with key factors influencing the growth of the market which include growth drivers, restraints, opportunities and challenges, strategically profile key players and comprehensively analyze their market share and core competencies. Traffic sensors are used for traffic management, automatic incident detection, and data collection. Traffic sensors provide standard data regarding traffic, speed, and area occupancy, which are helpful to avoid congestion in the large metropolitan areas. Moreover, these sensors helps to accurately measure average flow speed, which helps to distinguish different service levels such as dense, congestion, queue, and fluid. Traffic sensors improves the efficiency and capacity of transportation networks. Inductive-loop detectors, video image processors, magnetometers, laser radar sensors, microwave radar sensors, ultrasonic sensors, passive infrared sensors, and passive acoustic sensors are types of traffic sensors. Application of these sensors includes incident detection, traffic signal control, mainline control, and measurement of vehicle volume. Read detail market study @ https://www.coherentmarketinsights.com/ongoing- insight/traffic-sensor-market-1219 One of the key factors expected to boost the growth of global traffic sensor market is growing traffic volume. Furthermore lack of effective roadways in urban, intercity, and rural areas is major reason for high volume of traffic on road, especially in emerging

  2. economies such as India, China, and Brazil. This demands for traffic sensors to manage road traffic by minimizing congestion. Therefore, traffic sensors can be deployed to ensure optimal utilization of existing roadways. For instance, intelligent transportation systems (ITS) aimed to provide traffic analysis, electronic surveillance along with improved safety, and minimizing pollutant emissions. According to Organization Internationale des Constructeurs d'Automobiles or OICA, around 1.28 billion units of vehicles were in use in 2015 worldwide as compared to 1.23 billion vehicles in 2014. Hence, increasing vehicle parc would lead to proportional increase in road traffic. Traffic sensor is a systematic solution for the prevention of this issues. Traffic Sensor Market: Regional Insights The global traffic sensor market has been segmented on the basis of regions into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America accounted for the largest share in the global traffic sensor market in 2016. The U.S. is the major growth engine in North America market, owing to increasing initiatives from the U.S. government towards improvement of transportation infrastructure and implementation of intelligent transportation systems (ITS). For instance, the America's Surface Transportation Act or "FAST Act" was implemented in 2015 to solve road traffic congestion issues, enhance transportation within the country, improve working efficiencies in transportation systems and commercial vehicles, and minimize vehicle emissions. Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1219 Traffic Sensor Market: Competitive Background Major players operating in the global traffic sensor market include EFKON AG, Kapsch TrafficCom AG, TransCore, International Road Dynamics, Inc., Kistler Group, Flir Systems, Inc., TE Connectivity Ltd., SWARCO AG, Q-Free ASA, SICK AG, Axis Communications AB, Raytheon Company, and Siemens AG. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights

  3. 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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