Market Share of Traffic Sensors Industry
The major players includeKistler Group, Flir Systems Inc., TE Connectivity Ltd, SICK AG, Axis Communications AB, Raytheon Company, and Siemens AG, among others. The market is fragmentedsince it is competitive without dominant players. Hence, the market concentration will be low.
- August 2018 -TE Connectivity acquired ENTRELEC terminal block business from ABB which expands the company’s product portfolio and widens the consumer reach.
- January 2018 -Ericssonwill provide its Connected Urban Transport solution for the City of Dallas' Advanced Traffic Management System. The solution is designed to ease traffic congestion by the use of an interface to automate and facilitate systems monitoring, performance monitoring, management, and maintenance, with the ability to share data across cities and countries. The solution is expected to allow the City of Dallas to expand its knowledge about traffic issues and assist with operational decision making to improve traffic flow.
Traffic Sensors Market Leaders
Raytheon Company
Flir Systems Inc.
Siemens AG
TE Connectivity Ltd
Kistler Group
*Disclaimer: Major Players sorted in no particular order
