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Traffic Enforcement Camera Market By Type (Speed Enforcement, Red Light Camera, Bus Lane Enforcement Camera, Number Plate Recognition, Others) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2022

Traffic enforcement cameras are those that are installed over or beside a road. It may be mounted in an enforcement van to identify traffic guideline violations. Traffic guideline violations include vehicles passing through red light traffic, overspeeding vehicles, unauthorized usage of the bus lane, and recording automobiles such as cars, trucks, and others inside a blocking charge area. The market for traffic enforcement cameras is growing rapidly with the increasing need to improve road safety and reduce congestion in major cities worldwide. This represents a positive outlook for traffic enforcement cameras and component suppliers worldwide.

The study determines key influencing and retraining factors related to the traffic enforcement camera industry. The report also includes market trends in the global and regional traffic enforcement camera industry. This report provides exhaustive information on new product development, technology, pricing, and demand-supply trends in the regional markets. The study also provides high-level analysis such as PESTEL analysis, competitive analysis, and key opportunity analysis to highlight key investment areas in the global market.

The report also includes market estimates and forecasts for different types of traffic enforcement cameras in terms of both revenue (US$ Mn) and volume (number of units sold). The traffic enforcement camera market is classified based on product type and region. The report also covers cross-sectional analysis on a regional basis, i.e., the regional market size by product. This report includes historical market size (2013 and 2014), a market estimate for 2015, and a forecast for the period 2015–2022 in terms of volume and revenue. The report also includes market estimates and forecasts for the traffic enforcement camera market in major countries.

The report includes profiles of key players operating in the global market. These profiles include detailed information about product offerings, recent developments in the traffic enforcement camera industry, business strategies, and the regional market presence of manufacturers. The report also highlights market-winning strategies adopted by key players and industry competitiveness.

The global traffic enforcement camera market is classified into the following categories:

By Product

  • Speed Enforcement
  • Red light camera
  • Bus Lane Enforcement Camera
  • Number Plate Recognition
  • Others (stop sign enforcement, parking, congestion charges, etc.)

By Region

  • North America
  • U.S.
  • rest of North America
  • Europe
  • U.K.
  • France
  • Germany
  • Rest of Europe
  • Asia-Pacific (APAC)
  • India
  • China
  • Japan
  • Australia
  • Southeast Asia
  • Rest of APAC
  • Rest of the World
  • Latin America
  • Middle East and Africa

We have analyzed the following types of traffic enforcement cameras to estimate the size of the global market:

  • Speed Enforcement
  • Red light camera
  • Bus Lane Enforcement Camera
  • Number Plate Recognition
  • Others (stop sign enforcement, parking, congestion charges, etc.)

Red light cameras are the largest product category and are expected to maintain their dominance with their increasing deployment in emerging markets. In addition, speed enforcement and number plate recognition cameras are expected to grow considerably with the introduction of stringent road safety regulations and government efforts to reduce road fatalities.

Traffic enforcement cameras are becoming digital now. The upgrade to digitalization has helped in the technological advancement from manual operation cameras to automated cameras. In addition, it also helps the police and security agencies detect crime better. The in-car system cameras are the best example of technology upgrading. It is the most valuable tool in the present scenario and provides a high level of professionalism. The patrol car, which has cameras installed, can provide video footage of the accident. This technology brings the crime scene to light and helps security agencies control crime. Red light cameras are the largest product category and are expected to maintain their dominance with their increasing deployment in emerging markets. In addition, speed enforcement and number plate recognition cameras are expected to grow considerably with the introduction of stringent road safety regulations and governments' efforts to reduce road fatalities.

The global traffic enforcement camera market is classified into four major regions, i.e., North America, Europe, Asia Pacific, and the Rest of the World (RoW). The rest of the traffic enforcement camera market is further classified into South America, Africa, and the Middle East.

Europe was the largest market for traffic enforcement cameras in 2014. The U.K. is one of the most developed countries in the world and is investing significantly in reducing road fatalities and injuries. Most development is expected in London as Transport for London (TfL) focuses on making the capital's roads safer and reducing road fatalities and injuries by 40% by 2020. Germany, France, and Russia are some other major markets for traffic enforcement cameras. China is growing rapidly with an associated large number of highway constructions and urban road development. In addition, the number of motor vehicles registered in the country is growing rapidly, which is increasing traffic and fatalities in China; speeding accounts for 10% of fatalities, which has decreased from 17% in 2004. China has introduced a speeding enforcement program to reduce the number of fatalities. This program has increased the demand for speed enforcement cameras in the country. Asia Pacific is expected to witness the fastest growth for traffic enforcement cameras through the forecast period, with the rising deployment of speed enforcement and red light cameras, particularly in India and China.

Frequently Asked Question:

The market for Traffic Enforcement Camera is expected to reach USD XX million Bn in 2022.

The Traffic Enforcement Camera market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted from 2016 to 2022.

The base year of this report is 2015.

American Traffic Solutions Inc, REDFLEX Traffic Systems, XEROX Services, TomTom NV, SWARCO Traffic Ltd. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jun 2016
Category:  Technology & Media
Report ID:   57956
Report Format:   PDF
Pages:   120
Rating:    4.3 (60)
Delivery Time: 24 Hours to 48 Hours   
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