Adaptive Traffic Control System Market Size, Scope, and Share by 2030
Adaptive Traffic Control System Market: Strategic Insights
Adaptive Traffic Control System Market
-
CAGR (2023 - 2030)19.7% -
Market Size 2023
US$ 6.37 Billion -
Market Size 2030
US$ 23.02 Billion
Market Dynamics
GROWTH DRIVERS
- Growing investment in roadway infrastructure and increasing urban population & vehicle sales
FUTURE TRENDS
- The growing adoption of AI in traffic management
OPPORTUNITIES
- Huge development of smart cities
Key Players
- Aldridge Traffic Controllers Pty Ltd
- Digicon SA
- EFKON India Pvt Ltd
- Efftronics Systems Pvt Ltd
- Kapsch TrafficCom AG
- Trafiksol ITS Technologies Pvt Ltd
- Swarco AG
- Cubic Transportation Systems Inc
- Johnson Controls International Plc
- Vivacity Labs Ltd
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Hardware
- Software
- Services
Component
- OPAC
- SCOOT
- RHODES
- SCATS
Application
- Highways and Urban