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Global Vehicle Occupancy Detection SystemMarket Size study, by Technology (Infrared, Ultrasonic, Hybrid), by Installation (Fixed, Mobile), by Application (Commercial Vehicles, Passenger Cars)and Regional Forecasts 2020-2027


ID : 63127 Date : Apr 2021 Pages : 200 Pages Publisher : BRCLLP Industry : Automotive & Transportation




Global Vehicle Occupancy Detection System Market is valued approximately at USD 27.82 million in 2019 and is anticipated to grow with a healthy growth rate of more than 18.50% over the forecast period 2020-2027. Vehicle occupancy detection systems are electronic systems used inside a vehicle for vehicle identification, detection, and passenger counting purposes. In order to monitor and operate high occupancy vehicle HOV lanes and high occupancy toll HOT lanes, the vehicle occupancy detection system plays an important role in law enforcement. These systems are mounted on top of the HOV lanes with the help of racks at specific distances throughout the HOV lanes or at HOV toll booths. A typical vehicle occupancy detection system consists of vehicle detector, camera system, and video analytics systems. They have the ability to keep the roads safer by reducing the number of accidents which is expected to enhance the demand for the vehicle occupancy detection system.. For Instance: According to World Economic Forum, these are the cities with the highest level of congestion, with Bogota in Colombia ranking at number one. The reasons for congestion include poor public transportation, geography and more people driving cars. In Bogota, the average person loses 191 hours a year due to traffic. In the world’s biggest cities, the demand to drive far outstrips the supply of roads. As a result, commuters in major metropolitan areas face massive congestion. In 2019, the two cities that topped the list were Bogota, Colombia and Rio de Janeiro, Brazil, with the average person losing 191 hours and 190 hours to traffic each year, respectively. However, different weather conditions decreases the accuracy of the vehicle occupancy system which impedes the growth of the market over the forecast period of 2020-2027. Also, Opportunityis the government policies to make modifications in their regulations to ensure the safety of their citizens, this will lead to the adoption of vehicle occupancy detection system.

The regional analysis of global Vehicle Occupancy Detection System market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.North America is the leading/significant region across the world in terms of market share owing to the technological advancements and growth of the automotive sector in the region. Whereas, Europe is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such astechnological advancements and the presence of a significant number of players manufacturing vehicle occupancy detection systems in the region would create lucrative growth prospects for the Vehicle Occupancy Detection System market.

Major market player included in this report are:
Siemens
Conduent Inc.
Fortran Traffic System Limited
Indra Sistemas
Invision AI
NECNippon Electric Company Corporation of America
TransCore
Xerox Corporation
NOVELIC
Texas Instruments Incorporated

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology
Infrared
Ultrasonic
Hybrid
By Installation
Fixed
Mobile
By Application
Commercial Vehicles
Passenger Cars
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Vehicle Occupancy Detection System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 USD Million
1.2.1. Vehicle Occupancy Detection System Market, by Region, 2018-2027 USD Million
1.2.2. Vehicle Occupancy Detection System Market, by Technology,2018-2027 USD Million
1.2.3. Vehicle Occupancy Detection System Market, by Installation,2018-2027 USD Million
1.2.4. Vehicle Occupancy Detection System Market, by Application,2018-2027 USD Million
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Vehicle Occupancy Detection System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Vehicle Occupancy Detection System Market Dynamics
3.1. Vehicle Occupancy Detection System Market Impact Analysis 2018-2027
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Vehicle Occupancy Detection System Market:Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model 2017-2027
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Vehicle Occupancy Detection System Market, by Technology
5.1. Market Snapshot
5.2. Global Vehicle Occupancy Detection System Market by Technology, Performance - Potential Analysis
5.3. Global Vehicle Occupancy Detection System Market Estimates & Forecasts by Technology 2017-2027 USD Million
5.4. Vehicle Occupancy Detection System Market, Sub Segment Analysis
5.4.1. Infrared
5.4.2. Ultrasonic
5.4.3. Hybrid
Chapter 6. Global Vehicle Occupancy Detection System Market, by Installation
6.1. Market Snapshot
6.2. Global Vehicle Occupancy Detection System Market by Installation, Performance - Potential Analysis
6.3. Global Vehicle Occupancy Detection System Market Estimates & Forecasts by Installation 2017-2027 USD Million
6.4. Vehicle Occupancy Detection System Market, Sub Segment Analysis
6.4.1. Fixed
6.4.2. Mobile
Chapter 7. Global Vehicle Occupancy Detection System Market, by Application
7.1. Market Snapshot
7.2. Global Vehicle Occupancy Detection System Market by Application, Performance - Potential Analysis
7.3. Global Vehicle Occupancy Detection System Market Estimates & Forecasts by Application 2017-2027 USD Million
7.4. Vehicle Occupancy Detection System Market, Sub Segment Analysis
7.4.1. Commercial Vehicles
7.4.2. Passenger Cars
Chapter 8. Global Vehicle Occupancy Detection System Market, Regional Analysis
8.1. Vehicle Occupancy Detection System Market, Regional Market Snapshot
8.2. North America Vehicle Occupancy Detection System Market
8.2.1. U.S.Vehicle Occupancy Detection System Market
8.2.1.1. Technology breakdown estimates & forecasts, 2017-2027
8.2.1.2. Installation breakdown estimates & forecasts, 2017-2027
8.2.1.3. Form breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Vehicle Occupancy Detection System Market
8.3. Europe Vehicle Occupancy Detection System Market Snapshot
8.3.1. U.K. Vehicle Occupancy Detection System Market
8.3.2. Germany Vehicle Occupancy Detection System Market
8.3.3. France Vehicle Occupancy Detection System Market
8.3.4. Spain Vehicle Occupancy Detection System Market
8.3.5. Italy Vehicle Occupancy Detection System Market
8.3.6. Rest of EuropeVehicle Occupancy Detection System Market
8.4. Asia-PacificVehicle Occupancy Detection System Market Snapshot
8.4.1. China Vehicle Occupancy Detection System Market
8.4.2. India Vehicle Occupancy Detection System Market
8.4.3. JapanVehicle Occupancy Detection System Market
8.4.4. Australia Vehicle Occupancy Detection System Market
8.4.5. South Korea Vehicle Occupancy Detection System Market
8.4.6. Rest of Asia PacificVehicle Occupancy Detection System Market
8.5. Latin America Vehicle Occupancy Detection System Market Snapshot
8.5.1. Brazil Vehicle Occupancy Detection System Market
8.5.2. Mexico Vehicle Occupancy Detection System Market
8.6. Rest of The World Vehicle Occupancy Detection System Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Siemens
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial Subject to Data Availability
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Conduent Inc.
9.2.3. Fortran Traffic System Limited
9.2.4. Indra Sistemas
9.2.5. Invision AI
9.2.6. NEC Corporation of America
9.2.7. TransCore
9.2.8. Xerox Corporation
9.2.9. NOVELIC
9.2.10. Texas Instruments Incorporated
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
List of Tables
TABLE 1. Global Vehicle Occupancy Detection System market, report scope
TABLE 2. Global Vehicle Occupancy Detection System market estimates & forecasts by Region 2017-2027 USD Million
TABLE 3. Global Vehicle Occupancy Detection System market estimates & forecasts by Technology 2017-2027 USD Million
TABLE 4. Global Vehicle Occupancy Detection System market estimates & forecasts by Installation 2017-2027 USD Million
TABLE 5. Global Vehicle Occupancy Detection System market estimates & forecasts by Form 2017-2027 USD Million
TABLE 6. Global Vehicle Occupancy Detection System market by segment, estimates & forecasts, 2017-2027 USD Million
TABLE 7. Global Vehicle Occupancy Detection System market by region, estimates & forecasts, 2017-2027 USD Million
TABLE 8. Global Vehicle Occupancy Detection System market by segment, estimates & forecasts, 2017-2027 USDMillion
TABLE 9. Global Vehicle Occupancy Detection System market by region, estimates & forecasts, 2017-2027 USD Million
TABLE 10. Global Vehicle Occupancy Detection System market by segment, estimates & forecasts, 2017-2027 USD Million
TABLE 11. Global Vehicle Occupancy Detection System market by region, estimates & forecasts, 2017-2027 USDMillion
TABLE 12. Global Vehicle Occupancy Detection System market by segment, estimates & forecasts, 2017-2027 USD Million
TABLE 13. Global Vehicle Occupancy Detection System market by region, estimates & forecasts, 2017-2027 USD Million
TABLE 14. Global Vehicle Occupancy Detection System market by segment, estimates & forecasts, 2017-2027 USD Million
TABLE 15. Global Vehicle Occupancy Detection System market by region, estimates & forecasts, 2017-2027 USD Million
TABLE 16. U.S. Vehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 17. U.S. Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 18. U.S. Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 19. Canada Vehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 20. Canada Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 21. Canada Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 22. UKVehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 23. UKVehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 24. UKVehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 25. Germany Vehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 26. Germany Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 27. Germany Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 28. RoEVehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 29. RoEVehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 30. RoEVehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 31. China Vehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 32. China Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 33. China Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 34. India Vehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 35. India Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 36. India Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 37. Japan Vehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 38. Japan Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 39. Japan Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 40. RoAPACVehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 41. RoAPACVehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 42. RoAPACVehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 43. Brazil Vehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 44. Brazil Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 45. Brazil Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 46. Mexico Vehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 47. Mexico Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 48. Mexico Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 49. RoLAVehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 50. RoLAVehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 51. RoLAVehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 52. Row Vehicle Occupancy Detection System market estimates & forecasts, 2017-2027 USDMillion
TABLE 53. Row Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 54. Row Vehicle Occupancy Detection System market estimates & forecasts by segment 2017-2027 USDMillion
TABLE 55. List of secondary sources, used in the study of global Vehicle Occupancy Detection System market
TABLE 56. List of primary sources, used in the study of global Vehicle Occupancy Detection System market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered


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