Global Traffic Signal Controller Market Insights, Forecast to 2025

A traffic signal controller is an automated device that regulates the sequencing and timing of traffic signals by monitoring vehicular and pedestrian demands and adjusting to meet these requirements.
The market is relatively fragment, the key players are Tyco, QTC (Traffic Technologies Ltd), ATC, Sumitomo, Siemens, Genius Traffic System(GTS), Indra, PPK Technology, Trafficsens, Dynamic Traffic System and so on. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.
Traffic conditions and problems in emerging countries Traffic conditions in emerging countries, especially ASEAN countries, exude the image of congested roads first. Although they have some common problems (such as the insufficient development of mass public transportation including LRL/subways; the number of cars exceeding the road capacity; signals being controlled manually by police officers at many intersections to respond to changes in traffic volume due to the existing signal indication patterns being mostly fixed, making the already heavy traffic congestion even worse), on closer examination, traffic conditions and causes of traffic congestion vary in each city (or country). Hanoi, Vietnam, for example, is characterized by a massive number of motorbikes and scooters literally flooding the roads, but the stoppage time at each intersection is short with a very short cycle time of about 30 seconds.
The Traffic Signal Controller market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Traffic Signal Controller.

This report presents the worldwide Traffic Signal Controller market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Tyco
QTC (Traffic Technologies Ltd)
ATC
Sumitomo
Siemens
Genius Traffic System(GTS)
Indra
PPK Technology
Trafficsens
Dynamic Traffic System

Traffic Signal Controller Breakdown Data by Type
Centralized Adaptive
Fixed Time
Others
Traffic Signal Controller Breakdown Data by Application
Urban
Suburbs

Traffic Signal Controller Production by Region
United States
Europe
China
Japan
Other Regions

Traffic Signal Controller Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Traffic Signal Controller status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Traffic Signal Controller manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Traffic Signal Controller :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Traffic Signal Controller market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.