The Europe Smart Traffic Camera Market would witness market growth of 13.1% CAGR during the forecast period (2021-2027).
A smart traffic camera is a video capturing camera that is installed mainly on the roads for surveillance purpose. Moreover, these cameras are integrated with artificial intelligence. The advancements in the field of computer vision have led to a surge in the installment of smart traffic cameras for monitoring and controlling the traffic on roads. These smart cameras have helped traffic managing authorities in enhancing traffic safety and mobility along with productivity.
The features of these cameras like versatility, choice of data interface, compact, ruggedized for harsh environments, lightweight, and on-board memory buffering have boosted the demand and growth of the market. Additionally, these can take footage of a large area, have multi-tasking capabilities, and build with various technological advancements. Further, growth of the market would witness bright prospects due to the growing trend of computerized surveillance, the rapidly increasing rate of vehicle sales, and acceleration in traffic issues.
The smart traffic camera market has acquired significant growth in Europe in the past few years. The presence of several market players in the ecosystem has led to a diverse and competitive market. With the growing need to maintain safety, it is crucial to install smart cameras on roads. Additionally, the smart traffic camera vendors are witnessing lucrative opportunities as the demand for these cameras is rapidly increasing in this region.
Moreover, various small enterprises and startups are emerging and providing the smart cameras with added capabilities. Further, the traffic management authorities are gradually adopting the latest technologies that can provide videos with more clarity that help giving ample evidence of traffic and other violations. These factors are accountable to increase the demand and growth of the regional smart traffic camera market in the upcoming years.
The Germany market dominated the Europe Traffic Enforcement Smart Traffic Camera Market by Country 2020, thereby, achieving a market value of $392.3 million by 2027. The UK market is exhibiting a CAGR of 14.6% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 16.4% during (2021 - 2027).
Based on Component, the market is segmented into Hardware, Software and Services. Based on Camera Type, the market is segmented into Fixed Cameras, Surveillance Camera, Red Light Camera, Mobile Speed Camera, and Others. Based on Deployment Type, the market is segmented into Traffic Monitoring and Traffic Enforcement. Based on Application, the market is segmented into Surveillance & Traffic Management and Toll Management & Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Smart Traffic Camera Market Size will Hit $18.1 Billion by 2027, at a CAGR of 13.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Motorola Solutions, Inc., Canon, Inc., Teledyne Technologies, Inc., Siemens AG, Jenoptik AG, Sensys Gatso Group AB, Kapsch TrafficCom AG (Datax Handelsgmbh), Hangzhou Hikvision Digital Technology Co., Ltd., IDEMIA SAS (Advent International, Inc.), and Allied Vision Technologies GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Camera Type
- Fixed Cameras
- Surveillance Camera
- Red Light Camera
- Mobile Speed Camera
- Others
By Deployment Type
- Traffic Monitoring
- Traffic Enforcement
By Application
- Surveillance & Traffic Management
- Toll Management & Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Motorola Solutions, Inc.
- Canon, Inc.
- Teledyne Technologies, Inc.
- Siemens AG
- Jenoptik AG
- Sensys Gatso Group AB
- Kapsch TrafficCom AG (Datax Handelsgmbh)
- Hangzhou Hikvision Digital Technology Co., Ltd.
- IDEMIA SAS (Advent International, Inc.)
- Allied Vision Technologies GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Smart Traffic Camera Market, by Component
1.4.2 Europe Smart Traffic Camera Market, by Camera Type
1.4.3 Europe Smart Traffic Camera Market, by Deployment Type
1.4.4 Europe Smart Traffic Camera Market, by Application
1.4.5 Europe Smart Traffic Camera Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.2.5 Approvals and Trials
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, May – 2021, Oct) Leading Players
Chapter 4. Europe Smart Traffic Camera Market by Camera Type
4.1 Europe Smart Traffic Camera Fixed Cameras Market by Country
4.2 Europe Smart Traffic Camera Surveillance Camera Market by Country
4.3 Europe Smart Traffic Camera Red Light Camera Market by Country
4.4 Europe Smart Traffic Camera Mobile Speed Camera Market by Country
4.5 Europe Other Camera Type Smart Traffic Camera Market by Country
Chapter 5. Europe Smart Traffic Camera Market by Deployment Type
5.1 Europe Traffic Monitoring Smart Traffic Camera Market by Country
5.2 Europe Traffic Enforcement Smart Traffic Camera Market by Country
Chapter 6. Europe Smart Traffic Camera Market by Application
6.1 Europe Surveillance & Traffic Management Smart Traffic Camera Market by Country
6.2 Europe Toll Management & Others Smart Traffic Camera Market by Country
Chapter 7. Europe Smart Traffic Camera Market by Component
7.1 Europe Hardware Smart Traffic Camera Market by Country
7.2 Europe Software Smart Traffic Camera Market by Country
7.3 Europe Services Smart Traffic Camera Market by Country
Chapter 8. Europe Smart Traffic Camera Market by Country
8.1 Germany Smart Traffic Camera Market
8.1.1 Germany Smart Traffic Camera Market by Camera Type
8.1.2 Germany Smart Traffic Camera Market by Deployment Type
8.1.3 Germany Smart Traffic Camera Market by Application
8.1.4 Germany Smart Traffic Camera Market by Component
8.2 UK Smart Traffic Camera Market
8.2.1 UK Smart Traffic Camera Market by Camera Type
8.2.2 UK Smart Traffic Camera Market by Deployment Type
8.2.3 UK Smart Traffic Camera Market by Application
8.2.4 UK Smart Traffic Camera Market by Component
8.3 France Smart Traffic Camera Market
8.3.1 France Smart Traffic Camera Market by Camera Type
8.3.2 France Smart Traffic Camera Market by Deployment Type
8.3.3 France Smart Traffic Camera Market by Application
8.3.4 France Smart Traffic Camera Market by Component
8.4 Russia Smart Traffic Camera Market
8.4.1 Russia Smart Traffic Camera Market by Camera Type
8.4.2 Russia Smart Traffic Camera Market by Deployment Type
8.4.3 Russia Smart Traffic Camera Market by Application
8.4.4 Russia Smart Traffic Camera Market by Component
8.5 Spain Smart Traffic Camera Market
8.5.1 Spain Smart Traffic Camera Market by Camera Type
8.5.2 Spain Smart Traffic Camera Market by Deployment Type
8.5.3 Spain Smart Traffic Camera Market by Application
8.5.4 Spain Smart Traffic Camera Market by Component
8.6 Italy Smart Traffic Camera Market
8.6.1 Italy Smart Traffic Camera Market by Camera Type
8.6.2 Italy Smart Traffic Camera Market by Deployment Type
8.6.3 Italy Smart Traffic Camera Market by Application
8.6.4 Italy Smart Traffic Camera Market by Component
8.7 Rest of Europe Smart Traffic Camera Market
8.7.1 Rest of Europe Smart Traffic Camera Market by Camera Type
8.7.2 Rest of Europe Smart Traffic Camera Market by Deployment Type
8.7.3 Rest of Europe Smart Traffic Camera Market by Application
8.7.4 Rest of Europe Smart Traffic Camera Market by Component
Chapter 9. Company Profiles
9.1 Motorola Solutions, Inc.
9.1.1 Company Overview
9.1.1 Financial Analysis
9.1.2 Regional & Segmental Analysis
9.1.3 Research & Development Expenses
9.1.4 Recent strategies and developments:
9.1.4.1 Acquisitions and Mergers:
9.1.5 SWOT Analysis
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Geographical Expansions:
9.3 Teledyne Technologies, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.5.3 Product Launches and Product Expansions:
9.4 Siemens AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisitions and Mergers:
9.4.5.3 Product Launches and Product Expansions:
9.4.5.4 Approvals and Trials:
9.4.6 SWOT Analysis
9.5 Jenoptik AG
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Approvals and Trials:
9.6 Sensys Gatso Group AB
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.4.2 Product Launches and Product Expansions:
9.6.4.3 Approvals and Trials:
9.7 Kapsch TrafficCom AG (Datax Handelsgmbh)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.8 Hangzhou Hikvision Digital Technology Co., Ltd.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Product Launches and Product Expansions:
9.9 IDEMIA SAS (Advent International, Inc.)
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.10. Allied Vision Technologies GmbH
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:
TABLE 1 Europe Smart Traffic Camera Market, 2017 - 2020, USD Million
TABLE 2 Europe Smart Traffic Camera Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Traffic Camera Market
TABLE 4 Product Launches And Product Expansions– Smart Traffic Camera Market
TABLE 5 Acquisition and Mergers– Smart Traffic Camera Market
TABLE 6 Geographical Expansions– Smart Traffic Camera Market
TABLE 7 Approvals and Trials– Smart Traffic Camera Market
TABLE 8 Europe Smart Traffic Camera Market by Camera Type, 2017 - 2020, USD Million
TABLE 9 Europe Smart Traffic Camera Market by Camera Type, 2021 - 2027, USD Million
TABLE 10 Europe Smart Traffic Camera Fixed Cameras Market by Country, 2017 - 2020, USD Million
TABLE 11 Europe Smart Traffic Camera Fixed Cameras Market by Country, 2021 - 2027, USD Million
TABLE 12 Europe Smart Traffic Camera Surveillance Camera Market by Country, 2017 - 2020, USD Million
TABLE 13 Europe Smart Traffic Camera Surveillance Camera Market by Country, 2021 - 2027, USD Million
TABLE 14 Europe Smart Traffic Camera Red Light Camera Market by Country, 2017 - 2020, USD Million
TABLE 15 Europe Smart Traffic Camera Red Light Camera Market by Country, 2021 - 2027, USD Million
TABLE 16 Europe Smart Traffic Camera Mobile Speed Camera Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe Smart Traffic Camera Mobile Speed Camera Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Other Camera Type Smart Traffic Camera Market by Country, 2017 - 2020, USD Million
TABLE 19 Europe Other Camera Type Smart Traffic Camera Market by Country, 2021 - 2027, USD Million
TABLE 20 Europe Smart Traffic Camera Market by Deployment Type, 2017 - 2020, USD Million
TABLE 21 Europe Smart Traffic Camera Market by Deployment Type, 2021 - 2027, USD Million
TABLE 22 Europe Traffic Monitoring Smart Traffic Camera Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Traffic Monitoring Smart Traffic Camera Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe Traffic Enforcement Smart Traffic Camera Market by Country, 2017 - 2020, USD Million
TABLE 25 Europe Traffic Enforcement Smart Traffic Camera Market by Country, 2021 - 2027, USD Million
TABLE 26 Europe Smart Traffic Camera Market by Application, 2017 - 2020, USD Million
TABLE 27 Europe Smart Traffic Camera Market by Application, 2021 - 2027, USD Million
TABLE 28 Europe Surveillance & Traffic Management Smart Traffic Camera Market by Country, 2017 - 2020, USD Million
TABLE 29 Europe Surveillance & Traffic Management Smart Traffic Camera Market by Country, 2021 - 2027, USD Million
TABLE 30 Europe Toll Management & Others Smart Traffic Camera Market by Country, 2017 - 2020, USD Million
TABLE 31 Europe Toll Management & Others Smart Traffic Camera Market by Country, 2021 - 2027, USD Million
TABLE 32 Europe Smart Traffic Camera Market by Component, 2017 - 2020, USD Million
TABLE 33 Europe Smart Traffic Camera Market by Component, 2021 - 2027, USD Million
TABLE 34 Europe Hardware Smart Traffic Camera Market by Country, 2017 - 2020, USD Million
TABLE 35 Europe Hardware Smart Traffic Camera Market by Country, 2021 - 2027, USD Million
TABLE 36 Europe Software Smart Traffic Camera Market by Country, 2017 - 2020, USD Million
TABLE 37 Europe Software Smart Traffic Camera Market by Country, 2021 - 2027, USD Million
TABLE 38 Europe Services Smart Traffic Camera Market by Country, 2017 - 2020, USD Million
TABLE 39 Europe Services Smart Traffic Camera Market by Country, 2021 - 2027, USD Million
TABLE 40 Europe Smart Traffic Camera Market by Country, 2017 - 2020, USD Million
TABLE 41 Europe Smart Traffic Camera Market by Country, 2021 - 2027, USD Million
TABLE 42 Germany Smart Traffic Camera Market, 2017 - 2020, USD Million
TABLE 43 Germany Smart Traffic Camera Market, 2021 - 2027, USD Million
TABLE 44 Germany Smart Traffic Camera Market by Camera Type, 2017 - 2020, USD Million
TABLE 45 Germany Smart Traffic Camera Market by Camera Type, 2021 - 2027, USD Million
TABLE 46 Germany Smart Traffic Camera Market by Deployment Type, 2017 - 2020, USD Million
TABLE 47 Germany Smart Traffic Camera Market by Deployment Type, 2021 - 2027, USD Million
TABLE 48 Germany Smart Traffic Camera Market by Application, 2017 - 2020, USD Million
TABLE 49 Germany Smart Traffic Camera Market by Application, 2021 - 2027, USD Million
TABLE 50 Germany Smart Traffic Camera Market by Component, 2017 - 2020, USD Million
TABLE 51 Germany Smart Traffic Camera Market by Component, 2021 - 2027, USD Million
TABLE 52 UK Smart Traffic Camera Market, 2017 - 2020, USD Million
TABLE 53 UK Smart Traffic Camera Market, 2021 - 2027, USD Million
TABLE 54 UK Smart Traffic Camera Market by Camera Type, 2017 - 2020, USD Million
TABLE 55 UK Smart Traffic Camera Market by Camera Type, 2021 - 2027, USD Million
TABLE 56 UK Smart Traffic Camera Market by Deployment Type, 2017 - 2020, USD Million
TABLE 57 UK Smart Traffic Camera Market by Deployment Type, 2021 - 2027, USD Million
TABLE 58 UK Smart Traffic Camera Market by Application, 2017 - 2020, USD Million
TABLE 59 UK Smart Traffic Camera Market by Application, 2021 - 2027, USD Million
TABLE 60 UK Smart Traffic Camera Market by Component, 2017 - 2020, USD Million
TABLE 61 UK Smart Traffic Camera Market by Component, 2021 - 2027, USD Million
TABLE 62 France Smart Traffic Camera Market, 2017 - 2020, USD Million
TABLE 63 France Smart Traffic Camera Market, 2021 - 2027, USD Million
TABLE 64 France Smart Traffic Camera Market by Camera Type, 2017 - 2020, USD Million
TABLE 65 France Smart Traffic Camera Market by Camera Type, 2021 - 2027, USD Million
TABLE 66 France Smart Traffic Camera Market by Deployment Type, 2017 - 2020, USD Million
TABLE 67 France Smart Traffic Camera Market by Deployment Type, 2021 - 2027, USD Million
TABLE 68 France Smart Traffic Camera Market by Application, 2017 - 2020, USD Million
TABLE 69 France Smart Traffic Camera Market by Application, 2021 - 2027, USD Million
TABLE 70 France Smart Traffic Camera Market by Component, 2017 - 2020, USD Million
TABLE 71 France Smart Traffic Camera Market by Component, 2021 - 2027, USD Million
TABLE 72 Russia Smart Traffic Camera Market, 2017 - 2020, USD Million
TABLE 73 Russia Smart Traffic Camera Market, 2021 - 2027, USD Million
TABLE 74 Russia Smart Traffic Camera Market by Camera Type, 2017 - 2020, USD Million
TABLE 75 Russia Smart Traffic Camera Market by Camera Type, 2021 - 2027, USD Million
TABLE 76 Russia Smart Traffic Camera Market by Deployment Type, 2017 - 2020, USD Million
TABLE 77 Russia Smart Traffic Camera Market by Deployment Type, 2021 - 2027, USD Million
TABLE 78 Russia Smart Traffic Camera Market by Application, 2017 - 2020, USD Million
TABLE 79 Russia Smart Traffic Camera Market by Application, 2021 - 2027, USD Million
TABLE 80 Russia Smart Traffic Camera Market by Component, 2017 - 2020, USD Million
TABLE 81 Russia Smart Traffic Camera Market by Component, 2021 - 2027, USD Million
TABLE 82 Spain Smart Traffic Camera Market, 2017 - 2020, USD Million
TABLE 83 Spain Smart Traffic Camera Market, 2021 - 2027, USD Million
TABLE 84 Spain Smart Traffic Camera Market by Camera Type, 2017 - 2020, USD Million
TABLE 85 Spain Smart Traffic Camera Market by Camera Type, 2021 - 2027, USD Million
TABLE 86 Spain Smart Traffic Camera Market by Deployment Type, 2017 - 2020, USD Million
TABLE 87 Spain Smart Traffic Camera Market by Deployment Type, 2021 - 2027, USD Million
TABLE 88 Spain Smart Traffic Camera Market by Application, 2017 - 2020, USD Million
TABLE 89 Spain Smart Traffic Camera Market by Application, 2021 - 2027, USD Million
TABLE 90 Spain Smart Traffic Camera Market by Component, 2017 - 2020, USD Million
TABLE 91 Spain Smart Traffic Camera Market by Component, 2021 - 2027, USD Million
TABLE 92 Italy Smart Traffic Camera Market, 2017 - 2020, USD Million
TABLE 93 Italy Smart Traffic Camera Market, 2021 - 2027, USD Million
TABLE 94 Italy Smart Traffic Camera Market by Camera Type, 2017 - 2020, USD Million
TABLE 95 Italy Smart Traffic Camera Market by Camera Type, 2021 - 2027, USD Million
TABLE 96 Italy Smart Traffic Camera Market by Deployment Type, 2017 - 2020, USD Million
TABLE 97 Italy Smart Traffic Camera Market by Deployment Type, 2021 - 2027, USD Million
TABLE 98 Italy Smart Traffic Camera Market by Application, 2017 - 2020, USD Million
TABLE 99 Italy Smart Traffic Camera Market by Application, 2021 - 2027, USD Million
TABLE 100 Italy Smart Traffic Camera Market by Component, 2017 - 2020, USD Million
TABLE 101 Italy Smart Traffic Camera Market by Component, 2021 - 2027, USD Million
TABLE 102 Rest of Europe Smart Traffic Camera Market, 2017 - 2020, USD Million
TABLE 103 Rest of Europe Smart Traffic Camera Market, 2021 - 2027, USD Million
TABLE 104 Rest of Europe Smart Traffic Camera Market by Camera Type, 2017 - 2020, USD Million
TABLE 105 Rest of Europe Smart Traffic Camera Market by Camera Type, 2021 - 2027, USD Million
TABLE 106 Rest of Europe Smart Traffic Camera Market by Deployment Type, 2017 - 2020, USD Million
TABLE 107 Rest of Europe Smart Traffic Camera Market by Deployment Type, 2021 - 2027, USD Million
TABLE 108 Rest of Europe Smart Traffic Camera Market by Application, 2017 - 2020, USD Million
TABLE 109 Rest of Europe Smart Traffic Camera Market by Application, 2021 - 2027, USD Million
TABLE 110 Rest of Europe Smart Traffic Camera Market by Component, 2017 - 2020, USD Million
TABLE 111 Rest of Europe Smart Traffic Camera Market by Component, 2021 - 2027, USD Million
TABLE 112 Key Information – Motorola Solutions, Inc.
TABLE 113 Key Information – Canon, Inc.
TABLE 114 Key Information – Teledyne Technologies, Inc.
TABLE 115 Key Information – Siemens AG
TABLE 116 Key Information – Jenoptik AG
TABLE 117 Key Information – Sensys Gatso Group AB
TABLE 118 Key Information – Kapsch TrafficCom AG
TABLE 119 Key Information – Hangzhou Hikvision Digital Technology Co., Ltd.
TABLE 120 Key Information – IDEMIA SAS
TABLE 121 Key Information – Allied Vision Technologies GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, May – 2021, Oct) Leading Players
FIG 5 Swot analysis: Motorola solutions, inc.
FIG 6 Recent strategies and developments: Canon, Inc.
FIG 7 Recent strategies and developments: Teledyne Technologies, Inc.
FIG 8 Recent strategies and developments: Siemens AG
FIG 9 Swot analysis: Siemens AG
FIG 10 Recent strategies and developments: Sensys Gatso Group AB
FIG 11 Recent strategies and developments: Hangzhou Hikvision Digital Technology Co., Ltd.