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Last Updated: Apr 25, 2025 | Study Period: 2022-2027
In most cases, especially in high-traffic areas, a combination of different types of sensors is optimum. A microwave sensor, for example, might be used in conjunction with an inductive-loop sensor to ensure that all vehicles approaching and stopping at an intersection are tallied.
Furthermore, having numerous sensor types ensures that the traffic signal will continue to function even if one of the sensors fails. Traffic light sensors are one of the most important components for regulating traffic flow and minimizing congestion in congested locations.
They've become so ingrained in our traffic management system that we probably don't even notice them as we pass through traffic signals throughout the day.
The North America Traffic Sensor Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Sensys Networks has released SensTraffic, a new traffic data platform. The platform also includes data modules for journey time, origin/destination, high-resolution performance measurements, on-demand signal timing data, bicycle counts, and complete system diagnostics, in addition to traffic counts. The new platform has already demonstrated its worth.
The FLIR ThermiCam V2X, a thermal traffic sensor for the developing vehicle-to-everything (V2X) technology sector, was unveiled by FLIR Systems, Inc. The FLIR V2X-enabled traffic sensor for urban traffic will let vehicles and traffic infrastructure to connect and share data in a system aimed at improving the safety and efficiency of motorists, pedestrians, and bicyclists.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in theIndustry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |