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 the one 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, over speeding of vehicles, unauthorized usage of bus lane or recording for automobiles such as car, truck and others inside a blocking charge area. The market for traffic enforcement cameras is growing rapidly with increasing need to improve road safety and reduce congestion in major cities across the world. This represents a positive outlook for traffic enforcement camera and component suppliers across the world.

The study determines key influencing and retraining factors related to traffic enforcement camera industry. The report also includes market trends in the global as well as regional traffic enforcement camera industry market. This report provides exhaustive information of 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 include market estimates and forecast of different type of traffic enforcement camera in terms of both revenue (US$ Mn) and volume (number of units sold). The traffic enforcement camera market is classified on the basis of product type and region. The report also covers cross sectional analysis on the regional basis i.e. regional market size by product. This report includes historical market size (2013 & 2014), market estimate for 2015 and forecast for the period 2015 – 2022 in terms of volume and revenue. The report also includes market estimates and forecast of traffic enforcement camera market for major countries.

The report includes of key players operating in the global market. These profiles include detailed information about product offerings, recent development in traffic enforcement camera industry, business strategies, and 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 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
      • US
      • 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

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

Europe was the largest market for traffic enforcement cameras in 2014. UK is one of the developed countries in the world and investing significant amount to reduce road fatalities and injuries. Majority of development is expected in London as Transport for London (TfL) is focusing on to make capital road safer and reduce road fatalities and injuries by a 40% by 2020. Germany, France and Russia are some other major markets for traffic enforcement cameras. China is growing rapidly with associated large number of motorways constructions and urban road development. In addition, number of motor vehicle 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 speeding enforcement program to reduce 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 rising deployment of speed enforcement and red light cameras particularly in India and China.

Traffic Enforcement Camera Market

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Published Date:  Jun 2016
Category:  Technology & Media
Report ID:   57956
Report Format:   PDF
Pages:   120
Rating:    4.3 (60)
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