Traffic Signal Recognition Market Share

Market Share of Traffic Signal Recognition Industry

The traffic signal recognition market is dominated by few players Robert Bosch, Daimler, DENSO Corporation, Continental AG, Toshiba Corporation, and HELLA GmbH & Co. KGaA, among others. The companies are investing in IoT technologies, such as intelligent and connected devices, software platforms, and applications and services and making partnerships for being ahead in the competition. Technology manufacturers are also focusing on increasing connectivity in mobility and industry, consumer goods, and building and energy technology. For instance, Robert Bosch partnered with Mercedes-Benz for the production of self-driving cars. The companyplansto help the car manufacturers to manage traffic and improve the road safety of the cars by the usage of smart systems.

Traffic Signal Recognition Market Leaders

1. Continental AG

2. Robert Bosch GmbH

3. Toshiba Corporation

4. HELLA GmbH & Co. KGaA

5. Mobileye Corporation

*Disclaimer: Major Players sorted in no particular order