Traffic Sensor Market Forecasts to 2028 | DRIVERS AND OPPORTUNITIES | KEY PLAYER ANALYSIS  EFKON GmbH, Ericsson

According to Stratistics MRC, the Global Traffic Sensor Market is accounted for $566.00 million in 2021 and is expected to reach $1,061.54 million by 2028 growing at a CAGR of 9.4% during the forecast period.

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Traffic sensors are made up of a magnetic device that detects and indicates the levels of traffic present on the road. It monitors the patterns of vehicles and their movements. It is a smart way of controlling traffic. Advanced devices, such as infrared radar, laser technique, and video detection are used to control the mobility of traffic. It evenly distributed the traffic and provides hassle-free movement on the roads. Traffic sensors can be used in areas where traffic management is difficult during peak hours. These sensors also work efficiently in the areas of intersections and bottleneck lanes.

Traffic sensors are made up of a magnetic device that detects and indicates the levels of traffic present on the road. It monitors the patterns of vehicles and their movements. It is a smart way of controlling traffic. Advanced devices, such as infrared radar, laser technique, and video detection are used to control the mobility of traffic. It evenly distributed the traffic and provides hassle-free movement on the roads. Traffic sensors can be used in areas where traffic management is difficult during peak hours. These sensors also work efficiently in the areas of intersections and bottleneck lanes.

Technologies Covered:
• 2D Sensor 
• 3D Sensor 
• Global System for Mobile Communication (GSM) 
• Radio Frequency Identification (RFID) 

Sensor Types Covered:
• Acoustic Sensors
• Bending Plate Sensors
• Image Sensors
• Inductive Loop Sensors
• Infrared Sensors
• LiDAR Sensors
• Magnetic Sensors
• Piezoelectric Sensors
• Radar Sensors
• Thermal Sensors
• Microwave Radar
• Video Image Processor
• Magnetometer

Applications Covered:
• Vehicle Measurement and Profiling 
• Weigh in Motion 
• Traffic Monitoring  
• Automated Tolling (E-Toll) 

End Users Covered:
• Aerospace and Defense
• Construction
• Mining
• Transportation
• Automotive
• Oil and Gas

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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