© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Integrated Traffic Systems Market is set to see healthy CAGR during 2019 to 2025: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Europe is expected to dominate the integrated traffic systems market over forecast period due to increase in number of commercial and passenger vehicle sales in the region. For instance, according to International Organization of Motor Vehicle Manufactures, in 2017, the passenger vehicle sales in Europe was 17,937,345 and commercial vehicles sales was reported 2,978,680. The Germany was leading country in vehicle sales across the Europe with 3,811,246 total vehicle sales. The existing traffic systems is not able to handle the rising on road vehicles which is resulting in growing demand of integrated traffic system in European countries such as Germany and France.  APAC integrated traffic systems market is expected to show significant growth over the forecast period due to growing urbanization in developing countries such as India and China. According to World Bank, 57.96% of the China’s population was living in the urban areas and 33% of the Indian population was living in urban areas in The increased population in cities is increasing traffic congestion across which is propelling the demand for integrated traffic system. The government authorities in the developing countries are focusing on improving the passenger safety specially for women and children. Regional Analysis of Integrated Traffic Systems Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Integrated Traffic Systems Market :  The increasing adoption of x- by- wire technologies in vehicles owing to the requirement for precision in electronic engine controls are supporting the Integrated Traffic Systems Market growth. The system eliminates mechanical linkages and uses electromechanical or electrical systems to improve fuel economy and offers superior comfort during travelling compared to the manual transmission vehicles. In addition, the several counties including U.S., China, and India across the globes are providing subsidiaries to promote usage of electric vehicles that will further boost the product penetration.  Based on technology, the Integrated Traffic Systems Market is bifurcated into automatic shifter and shift by wire (SBW) technology. The automatic shifter will grow considerably owing to development of cost-effective automatic shifter solutions ideal for small city cars. Industry players are introducing advanced new shifter technologies that offers economic solutions for budgeted vehicles. For instance, in March 2016, FEV launched its compact dual clutch transmission (DCT) for city vehicles.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The companies are focusing on strategic acquisition for enhancing their integrated traffic systems capabilities. For instance, Cubic Corporation, an US based intelligent transportation system solution provider, acquired GRIDSMART, a camera solution provider for traffic management, to expand its intelligent traffic management solutions. This expansion helped the company in providing more reliable its traffic management solution for improving the road safety.  The major players operating in integrated traffic systems market are Siemens, Kapsch Trafficcom, Cisco, SWARCO, Sumitomo Electric, LG CNS, FLIR, Cubic Corporation, Jenoptik, Iteris, Savari, EFKON, Transcore, Imtac, Citilog, Atkins, GTT, Intelvision Technologies, PTV Group and Q-Free. Competitive Market Share of Integrated Traffic Systems Market :

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