Intelligent Traffic Camera Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
An intelligent traffic camera is a video recording camera that witnesses vehicular traffic on the road by using artificial intelligence (AI) technology. The increased adoption of intelligent traffic cameras for traffic monitoring and control is due to the significant development in the field of computer vision. The intelligent traffic camera systems recover traffic safety and mobility while enhancing productivity.
MARKET DYNAMICS
The characteristics of these intelligent traffic camera, such as lightweight, compact, versatile, choice of the data interface, on-board memory buffering, and ruggedized for harsh environments, are some of the significant factors which drive the intelligent traffic camera market growth. However, high cost and chances of failure in critical condition are some of the major restraining factors which may restrain the intelligent traffic camera market growth. Additionally, technological advancements, multi-tasking capabilities, and large coverage area are few other factors which are anticipated to boost the growth of the intelligence traffic camera market.
MARKET SCOPE
The "Global Intelligent Traffic Camera Market Analysis to 2031" is a specialized and in-depth study of the Intelligent traffic camera market with a special focus on the global market trend analysis. The report aims to provide an overview of Intelligent traffic camera market with detailed market segmentation by product, application. The global Intelligent traffic camera market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Intelligent traffic camera market players and offers key trends and opportunities in the Intelligent traffic camera market.
MARKET SEGMENTATION
The global Intelligent traffic camera market is segmented on the basis of product, application. On the basis of product, the market is segmented as mega-pixel 2-5, mega-pixel 5-8, others. On the basis of application, the market is segmented as speed measurement, security monitoring, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Intelligent traffic camera market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Intelligent traffic camera market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Intelligent traffic camera market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Intelligent traffic camera market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Intelligent traffic camera market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Intelligent traffic camera market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Intelligent traffic camera market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Intelligent traffic camera market in these regions.
MARKET PLAYERS
The reports cover key developments in the Intelligent traffic camera market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Intelligent traffic camera market are anticipated to lucrative growth opportunities in the future with the rising demand for Intelligent traffic camera market. Below mentioned is the list of few companies engaged in the Intelligent traffic camera market.
The report also includes the profiles of key Intelligent traffic camera market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Allied Vision Technologies GmbH
- ATT Systems Group
- FLIR® Systems, Inc.
- Hangzhou Hikvision Digital Technology Co.,Ltd.
- IMPERX, Inc
- Mistral Solutions Pvt. Ltd
- Omnibond Systems, LLC
- Redflex Holdings
- Teledyne DALSA
- Videonetics Technology Private Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Intelligent Traffic Camera Market - By Product
1.3.2 Intelligent Traffic Camera Market - By Application
1.3.3 Intelligent Traffic Camera Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INTELLIGENT TRAFFIC CAMERA MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. INTELLIGENT TRAFFIC CAMERA MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. INTELLIGENT TRAFFIC CAMERA MARKET - GLOBAL MARKET ANALYSIS
6.1. INTELLIGENT TRAFFIC CAMERA - GLOBAL MARKET OVERVIEW
6.2. INTELLIGENT TRAFFIC CAMERA - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INTELLIGENT TRAFFIC CAMERA MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. MEGA-PIXEL 2-5
7.3.1. Overview
7.3.2. Mega-Pixel 2-5 Market Forecast and Analysis
7.4. MEGA-PIXEL 5-8
7.4.1. Overview
7.4.2. Mega-Pixel 5-8 Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. INTELLIGENT TRAFFIC CAMERA MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. SPEED MEASUREMENT
8.3.1. Overview
8.3.2. Speed Measurement Market Forecast and Analysis
8.4. SECURITY MONITORING
8.4.1. Overview
8.4.2. Security Monitoring Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. INTELLIGENT TRAFFIC CAMERA MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Intelligent Traffic Camera Market Overview
9.1.2 North America Intelligent Traffic Camera Market Forecasts and Analysis
9.1.3 North America Intelligent Traffic Camera Market Forecasts and Analysis - By Product
9.1.4 North America Intelligent Traffic Camera Market Forecasts and Analysis - By Application
9.1.5 North America Intelligent Traffic Camera Market Forecasts and Analysis - By Countries
9.1.5.1 United States Intelligent Traffic Camera Market
9.1.5.1.1 United States Intelligent Traffic Camera Market by Product
9.1.5.1.2 United States Intelligent Traffic Camera Market by Application
9.1.5.2 Canada Intelligent Traffic Camera Market
9.1.5.2.1 Canada Intelligent Traffic Camera Market by Product
9.1.5.2.2 Canada Intelligent Traffic Camera Market by Application
9.1.5.3 Mexico Intelligent Traffic Camera Market
9.1.5.3.1 Mexico Intelligent Traffic Camera Market by Product
9.1.5.3.2 Mexico Intelligent Traffic Camera Market by Application
9.2. EUROPE
9.2.1 Europe Intelligent Traffic Camera Market Overview
9.2.2 Europe Intelligent Traffic Camera Market Forecasts and Analysis
9.2.3 Europe Intelligent Traffic Camera Market Forecasts and Analysis - By Product
9.2.4 Europe Intelligent Traffic Camera Market Forecasts and Analysis - By Application
9.2.5 Europe Intelligent Traffic Camera Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Intelligent Traffic Camera Market
9.2.5.1.1 Germany Intelligent Traffic Camera Market by Product
9.2.5.1.2 Germany Intelligent Traffic Camera Market by Application
9.2.5.2 France Intelligent Traffic Camera Market
9.2.5.2.1 France Intelligent Traffic Camera Market by Product
9.2.5.2.2 France Intelligent Traffic Camera Market by Application
9.2.5.3 Italy Intelligent Traffic Camera Market
9.2.5.3.1 Italy Intelligent Traffic Camera Market by Product
9.2.5.3.2 Italy Intelligent Traffic Camera Market by Application
9.2.5.4 United Kingdom Intelligent Traffic Camera Market
9.2.5.4.1 United Kingdom Intelligent Traffic Camera Market by Product
9.2.5.4.2 United Kingdom Intelligent Traffic Camera Market by Application
9.2.5.5 Russia Intelligent Traffic Camera Market
9.2.5.5.1 Russia Intelligent Traffic Camera Market by Product
9.2.5.5.2 Russia Intelligent Traffic Camera Market by Application
9.2.5.6 Rest of Europe Intelligent Traffic Camera Market
9.2.5.6.1 Rest of Europe Intelligent Traffic Camera Market by Product
9.2.5.6.2 Rest of Europe Intelligent Traffic Camera Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Intelligent Traffic Camera Market Overview
9.3.2 Asia-Pacific Intelligent Traffic Camera Market Forecasts and Analysis
9.3.3 Asia-Pacific Intelligent Traffic Camera Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Intelligent Traffic Camera Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Intelligent Traffic Camera Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Intelligent Traffic Camera Market
9.3.5.1.1 Australia Intelligent Traffic Camera Market by Product
9.3.5.1.2 Australia Intelligent Traffic Camera Market by Application
9.3.5.2 China Intelligent Traffic Camera Market
9.3.5.2.1 China Intelligent Traffic Camera Market by Product
9.3.5.2.2 China Intelligent Traffic Camera Market by Application
9.3.5.3 India Intelligent Traffic Camera Market
9.3.5.3.1 India Intelligent Traffic Camera Market by Product
9.3.5.3.2 India Intelligent Traffic Camera Market by Application
9.3.5.4 Japan Intelligent Traffic Camera Market
9.3.5.4.1 Japan Intelligent Traffic Camera Market by Product
9.3.5.4.2 Japan Intelligent Traffic Camera Market by Application
9.3.5.5 South Korea Intelligent Traffic Camera Market
9.3.5.5.1 South Korea Intelligent Traffic Camera Market by Product
9.3.5.5.2 South Korea Intelligent Traffic Camera Market by Application
9.3.5.6 Rest of Asia-Pacific Intelligent Traffic Camera Market
9.3.5.6.1 Rest of Asia-Pacific Intelligent Traffic Camera Market by Product
9.3.5.6.2 Rest of Asia-Pacific Intelligent Traffic Camera Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Intelligent Traffic Camera Market Overview
9.4.2 Middle East and Africa Intelligent Traffic Camera Market Forecasts and Analysis
9.4.3 Middle East and Africa Intelligent Traffic Camera Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Intelligent Traffic Camera Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Intelligent Traffic Camera Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Intelligent Traffic Camera Market
9.4.5.1.1 South Africa Intelligent Traffic Camera Market by Product
9.4.5.1.2 South Africa Intelligent Traffic Camera Market by Application
9.4.5.2 Saudi Arabia Intelligent Traffic Camera Market
9.4.5.2.1 Saudi Arabia Intelligent Traffic Camera Market by Product
9.4.5.2.2 Saudi Arabia Intelligent Traffic Camera Market by Application
9.4.5.3 U.A.E Intelligent Traffic Camera Market
9.4.5.3.1 U.A.E Intelligent Traffic Camera Market by Product
9.4.5.3.2 U.A.E Intelligent Traffic Camera Market by Application
9.4.5.4 Rest of Middle East and Africa Intelligent Traffic Camera Market
9.4.5.4.1 Rest of Middle East and Africa Intelligent Traffic Camera Market by Product
9.4.5.4.2 Rest of Middle East and Africa Intelligent Traffic Camera Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Intelligent Traffic Camera Market Overview
9.5.2 South and Central America Intelligent Traffic Camera Market Forecasts and Analysis
9.5.3 South and Central America Intelligent Traffic Camera Market Forecasts and Analysis - By Product
9.5.4 South and Central America Intelligent Traffic Camera Market Forecasts and Analysis - By Application
9.5.5 South and Central America Intelligent Traffic Camera Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Intelligent Traffic Camera Market
9.5.5.1.1 Brazil Intelligent Traffic Camera Market by Product
9.5.5.1.2 Brazil Intelligent Traffic Camera Market by Application
9.5.5.2 Argentina Intelligent Traffic Camera Market
9.5.5.2.1 Argentina Intelligent Traffic Camera Market by Product
9.5.5.2.2 Argentina Intelligent Traffic Camera Market by Application
9.5.5.3 Rest of South and Central America Intelligent Traffic Camera Market
9.5.5.3.1 Rest of South and Central America Intelligent Traffic Camera Market by Product
9.5.5.3.2 Rest of South and Central America Intelligent Traffic Camera Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. INTELLIGENT TRAFFIC CAMERA MARKET, KEY COMPANY PROFILES
11.1. ALLIED VISION TECHNOLOGIES GMBH
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ATT SYSTEMS GROUP
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FLIR® SYSTEMS, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO.,LTD.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. IMPERX, INC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MISTRAL SOLUTIONS PVT. LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. OMNIBOND SYSTEMS, LLC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. REDFLEX HOLDINGS
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TELEDYNE DALSA
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VIDEONETICS TECHNOLOGY PRIVATE LIMITED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Allied Vision Technologies GmbH
2. ATT Systems Group
3. FLIR® Systems, Inc.
4. Hangzhou Hikvision Digital Technology Co.,Ltd.
5. IMPERX, Inc
6. Mistral Solutions Pvt. Ltd
7. Omnibond Systems, LLC
8. Redflex Holdings
9. Teledyne DALSA
10. Videonetics Technology Private Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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