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(Wireless-NewsWire.Com, October 08, 2024 ) It is anticipated that the European Intelligent Traffic Management Market will experience a compound annual growth rate of 12.53% over the forecast period. Germany was the leading country in the European Intelligent Traffic Management Market in 2023 and is expected to maintain its dominance until 2030, with an estimated market worth of $1668.39 Million by 2030. Anticipated growth in the UK market is projected to be 11.48% annually from 2024 to 2030.
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Intelligent Traffic Management Market Segmentation
by Product Type
Integrated Urban Traffic Control System
Variable / Dynamic Message Signs
Emergency Response Systems
Border Control System
Electronic Toll Collection System
Parking Management System
Violation And Measurement Systems
Tunnel Management System
Freeway Management System
by Components Traffic
Controllers And Signals
Surveillance Cameras
Video Walls
Server
3D Simulators
GUI Workstation
Detectors & Sensors
Other Components
by Spender Type
Infrastructure Enterprises & Ppps
Federal And Provincial Government
Industries & Commercial Enterprise
Intelligent Traffic Management Market Top Leaders:
1. Cubic Corporation (US)
2. IBM Corporation (US)
3. General Electric Company (US)
4. TransCore (US)
5. Econolite Control Products, Inc. (US)
6. Iteris Inc (US)
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