Traffic Signal Recognition Market 2024-2028
Incremental Growth2024-2028 (US$mn)
$ 1375.8
2024 Year-over-Year Growth
4.07%
CAGR (2024-2028)
4.75%
Report Coverage
Global
Traffic Signal Recognition Market Segmentation
Market Segmentation & Scope
Market Segment by Geographic Landscape
37%
of the growth will originate
from APAC
Global Market Size 2018 - 2028 (US$ Mn)
Market is segmented by Vehicle Type into Passenger vehicle, Commercial vehicle, Feature-based detection
The Passenger vehicle is expected to be largest growing segment during 2024-2028
Largest Segment - Passenger vehicle
US$ 17,006.70 Mn
Traffic Signal Recognition Market by Vehicle Type into Passenger vehicle; 2018-2028 (US$ Mn)
Passenger vehicle Market Revenue and Forecast 2018-2028 (US$ Mn)Passenger vehicle
- Passenger vehicle Market Size and Forecast 2018 to 2028 (US$ Mn)
Traffic Signal Recognition Market by Vehicle Type into Commercial vehicle; 2018-2028 (US$ Mn)
Commercial vehicle Market Revenue and Forecast 2018-2028 (US$ Mn)Commercial vehicle
- Commercial vehicle Market Size and Forecast 2018 to 2028 (US$ Mn)
Traffic Signal Recognition Market by Vehicle Type into Feature-based detection; 2018-2028 (US$ Mn)
Feature-based detection Market Revenue and Forecast 2018-2028 (US$ Mn)Feature-based detection
- Feature-based detection Market Size and Forecast 2018 to 2028 (US$ Mn)
Market is segmented by Type into Color-based detection, Shape-based detection
The Color-based detection is expected to be largest growing segment during 2024-2028
Largest Segment - Color-based detection
US$ 13,838.40 Mn
Traffic Signal Recognition Market Size by Segmentation, by Type (US$ Mn)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Color-based detection | 2713.20 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Shape-based detection | XX | 1301.60 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Traffic Signal Recognition Market by Type into Color-based detection; 2018-2028 (US$ Mn)
Color-based detection Market Revenue and Forecast 2018-2028 (US$ Mn)Color-based detection
- Color-based detection Market Size and Forecast 2018 to 2028 (US$ Mn)
Traffic Signal Recognition Market by Type into Shape-based detection; 2018-2028 (US$ Mn)
Shape-based detection Market Revenue and Forecast 2018-2028 (US$ Mn)Shape-based detection
- Shape-based detection Market Size and Forecast 2018 to 2028 (US$ Mn)
Market is segmented by Geography into North America, Europe, APAC, South America, Middle East and Africa
The APAC is estimated to contribute 37% to the growth of global market during the forecast period 2024-2028.
Largest Segment - APAC
37%
Regional share of different regions, including North America, Europe, APAC, South America
| Region | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR (%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1681.30 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Europe | XX | 1600.90 | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| APAC | XX | XX | 1268.70 | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| South America | XX | XX | XX | 233.00 | 243.50 | XX | XX | XX | XX | XX | XX | XX |
| Middle East and Africa | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Traffic Signal Recognition Market Size by Geography into North America; 2018-2028 (US$ Mn)
North America Market Revenue and Forecast 2018-2028 (US$ Mn)Traffic Signal Recognition Market Size by Country into US; 2018-2028 (US$ Mn)
US Market Revenue and Forecast 2018-2028 (US$ Mn)Traffic Signal Recognition Market Size by Geography into Europe; 2018-2028 (US$ Mn)
Europe Market Revenue and Forecast 2018-2028 (US$ Mn)Traffic Signal Recognition Market Size by Country into Germany; 2018-2028 (US$ Mn)
Germany Market Revenue and Forecast 2018-2028 (US$ Mn)Traffic Signal Recognition Market Size by Country into UK; 2018-2028 (US$ Mn)
UK Market Revenue and Forecast 2018-2028 (US$ Mn)Traffic Signal Recognition Market Size by Geography into APAC; 2018-2028 (US$ Mn)
APAC Market Revenue and Forecast 2018-2028 (US$ Mn)Traffic Signal Recognition Market Size by Country into China; 2018-2028 (US$ Mn)
China Market Revenue and Forecast 2018-2028 (US$ Mn)Traffic Signal Recognition Market Size by Country into Japan; 2018-2028 (US$ Mn)
Japan Market Revenue and Forecast 2018-2028 (US$ Mn)Traffic Signal Recognition Market Size by Geography into South America; 2018-2028 (US$ Mn)
South America Market Revenue and Forecast 2018-2028 (US$ Mn)Traffic Signal Recognition Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Mn)
Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Mn)Major Companies
Market Companies
| Name | Profile | Employees | Headquarters | Website | |
|---|---|---|---|---|---|
| Aldridge Traffic Controllers Pty Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Continental AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| D G Controls Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Delphi Technologies Plc | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| DENSO Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| dSPACE GmbH | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Elektrobit Automotive GmbH | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Envoys Electronic Pvt. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| European Safety Systems Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Ford Motor Co. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Gentex Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| HELLA Aglaia Mobile Vision GmbH | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Magna International Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Mercedes Benz Group AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Mobileye Technologies Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Robert Bosch GmbH | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| SKODA AUTO AS | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| SWARCO AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Volkswagen AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| ZF Friedrichshafen AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com |
Traffic Signal Recognition Market Scope
- By Vehicle Type
- Introduction / Key Findings
- Historical Market Size Value (US$ million) Analysis By Vehicle Type, 2018 to 2022
- Current and Future Market Size Value (US$ million) Analysis and Forecast By Vehicle Type, 2024 to 2028
- Y-o-Y Growth Trend Analysis By Vehicle Type, 2018 to 2022
- Absolute $ Opportunity Analysis By Vehicle Type, 2024 to 2028
- By Type
- Introduction / Key Findings
- Historical Market Size Value (US$ million) Analysis By Type, 2018 to 2022
- Current and Future Market Size Value (US$ million) Analysis and Forecast By Type, 2024 to 2028
- Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
- Absolute $ Opportunity Analysis By Type, 2024 to 2028
- By Region
- Introduction / Key Findings
- Historical Market Size Value (US$ million) Analysis By Region, 2018 to 2022
- Current and Future Market Size Value (US$ million) Analysis and Forecast By Region, 2024 to 2028
- North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ million) Forecast By Market, 2024 to 2028
- By Country
- By Vehicle Type
- By Type
- Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ million) Forecast By Market, 2024 to 2028
- By Country
- By Vehicle Type
- By Type
- APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ million) Forecast By Market, 2024 to 2028
- By Country
- By Vehicle Type
- By Type
- South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ million) Forecast By Market, 2024 to 2028
- By Vehicle Type
- By Type
- Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
- Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
- Market Size Value (US$ million) Forecast By Market, 2024 to 2028
- By Vehicle Type
- By Type
Major Companies
Market companies
| Name | Profile | Employees | Headquarters | Website | |
|---|---|---|---|---|---|
| Aldridge Traffic Controllers Pty Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Continental AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| D G Controls Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Delphi Technologies Plc | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| DENSO Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| dSPACE GmbH | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Elektrobit Automotive GmbH | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Envoys Electronic Pvt. Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| European Safety Systems Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Ford Motor Co. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Gentex Corp. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| HELLA Aglaia Mobile Vision GmbH | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Magna International Inc. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Mercedes Benz Group AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Mobileye Technologies Ltd. | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Robert Bosch GmbH | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| SKODA AUTO AS | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| SWARCO AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| Volkswagen AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com | |
| ZF Friedrichshafen AG | View Profile | 101-250 | Santa Clara, California, United States, North America | avinetworks.com |
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