Global Smart Signaling Market Size, Status and Forecast 2020-2026

Intelligent traffic signals are part of the integrated traffic management system and are used to effectively control traffic from a centralized location.These systems are equipped with embedded sensors that can be used to analyze peak traffic throughout the day.Intelligent signaling systems can eventually be automated by using AI to proactively redirect traffic on high-throughput routes, thereby reducing traffic congestion, pollution, travel time, and associated costs.Intelligent traffic signals and sensors can control the flow of traffic between cities based on specific levels of demand.Through this implementation, congestion can be reduced by smoothing traffic flow and prioritizing traffic on demand in real time and reducing pollution throughout the city.In addition, intelligent signals simultaneously collect event-based high-resolution traffic data from multiple intersections and create real-time signal performance measurements, including arterial travel time, stop times, queue length, intersections delay and service levels.The system helps eliminate stop-start driving, which is inefficient and polluting.
Market Analysis and Insights: Global Smart Signaling Market
In 2019, the global Smart Signaling market size was US$ xx million and it is expected to reach US$ xx million by the end of 2026, with a CAGR of xx% during 2021-2026.
Global Smart Signaling Scope and Market Size
Smart Signaling market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Smart Signaling market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Smart Signaling market is segmented into Hardware, Software, Service, etc.
Segment by Application, the Smart Signaling market is segmented into Urban Traffic, Public Transport, Freeway, Others, etc.
Regional and Country-level Analysis
The Smart Signaling market is analysed and market size information is provided by regions (countries).
The key regions covered in the Smart Signaling market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Smart Signaling Market Share Analysis
Smart Signaling market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Smart Signaling business, the date to enter into the Smart Signaling market, Smart Signaling product introduction, recent developments, etc.
The major vendors include Trafficware, Siemens AG, Rapid Flow Technologies, Wabtec Corporation, Jenoptik, Econolite, Onnyx Electronisys, Miovision, Global Traffic Technologies, Reno A＆E, General Electric, etc.

This report focuses on the global Smart Signaling status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Signaling development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Trafficware
Siemens AG
Rapid Flow Technologies
Wabtec Corporation
Jenoptik
Econolite
Onnyx Electronisys
Miovision
Global Traffic Technologies
Reno A＆E
General Electric

Market segment by Type, the product can be split into

Hardware
Software
Service

Market segment by Application, split into

Urban Traffic
Public Transport
Freeway
Others

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Smart Signaling status, future forecast, growth opportunity, key market and key players.
To present the Smart Signaling development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Smart Signaling are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.