Adaptive traffic control system is a solution which designed and developed to manage the growing traffic issues faced by the metropolitan cities. The adaptive traffic control system analyzes the flow of traffic in real-time and accordingly adjust the traffic signals’ split timings to optimize the flow of the traffic in order reduce and avoid congestions on the road. The adaptive traffic control system is combination of hardware and software components which allows operators to gather data regarding the flow of traffic from each intersection of the city in order to minimize delays and stops. The system improves the travel time significantly by gradually moving the traffic through green lights to create smoother flow of traffic.
With the increasing rate of urbanization coupled with the growing sales of automotive vehicles across the globe has led to the growing need for managing the flow traffic efficiently which is one of the major factors the driving the adoption of adaptive traffic control system across the globe. However, the lack of adoption of adaptive traffic control system certain developing and underdeveloped countries is hampering the growth of the market. Meanwhile, as government across the globe are investing highly in smart city project coupled with the growing importance of road safety is anticipated to flourish the adaptive traffic control system during the forecast period.
Cubic Corporation (Trafficware); EFKON India Pvt. Ltd.; Johnson Controls, Inc.; Kapsch TrafficCom AG; and SWARCO AG – Prominent Market Participants in Adaptive Traffic Control System Market
Cubic Corporation (Trafficware); EFKON India Pvt. Ltd.; Johnson Controls, Inc.; Kapsch TrafficCom AG; and SWARCO AG are some of the key market players operating in the global adaptive traffic control system market. The listing of key players is derived by considering multiple factors such as overall revenue, current adaptive traffic control system product portfolio, geographical reach, new product launches, market initiatives, investment in technology upgradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the adaptive traffic control system ecosystems which were studies analyzed during the course of this market research study, such as, Aldridge Traffic Controllers Pty Limited (ATC); Digicon; Efftronics Systems Pvt. Ltd.; Onnyx Electronisys Pvt. Ltd.; and TrafikSol ITS Technologies Pvt. Ltd among others. Further, in January 2021, SWARCO AG had secured three EU-funded traffic and public transport management projects in Romania. As part of the agreement, the company would install traffic management equipment across three Romanian cities, including Piatra Neamt, Drobeta, and Bistrita. In July 2019, Efftronics Systems Pvt. Ltd. had implemented an Adaptive Traffic Control System (ATCS) to optimize Vijayawada traffic based in Andhra Pradesh.
Most of the market initiatives were observed in North American and European region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:
|
Year |
News |
Country |
|
2020 |
Siemens Mobility has intended to acquire SCATS traffic controller provider named Aldridge Traffic Controllers Pty Limited (ATC). The acquisition would allow Siemens Mobility ITS to enhance its core business, gain access to new customers, and expand its footprint. |
Europe |
|
2017 |
Trafficware partnered with San Diego-based consultant Urban Systems Associates and Southwest Traffic Systems for building smart city technology. The city of Chula Vista had selected Trafficware’s SynchroGreen adaptive signal technology that allows a “smart signal” intersection to adapt to traffic patterns in actual-time. |
North America |
