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Strategic Analysis of Advanced Traffic Management Systems in Western Europe - New analysis from Frost & Sullivan, Strategic Analysis of Advanced Traffic Management Systems in Western Europe, reveals that revenues in this market totalled $884.79 million in 2006, and are likely to reach $1216.32 million in 2015
Strategic Analysis of Advanced Traffic Management Systems in Western Europe

 

PRZOOM - /newswire/ - London, United Kingdom, 2007/06/21 - New analysis from Frost & Sullivan, Strategic Analysis of Advanced Traffic Management Systems in Western Europe, reveals that revenues in this market totalled $884.79 million in 2006, and are likely to reach $1216.32 million in 2015.

   
 
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Advanced traffic management systems (ATMS) are receiving considerable attention across Western Europe, particularly given surging traffic congestion and pollution levels. While the United Kingdom, France and Germany together account for around 63 per cent of total market share at present, future revenues will come primarily from Scandinavia, Greece, Portugal, Italy and Spain. This is because these markets are growing rapidly, as the focus ever more intensely on improving traffic management activities.

New analysis from Frost & Sullivan (transporation.frost.com), Strategic Analysis of Advanced Traffic Management Systems in Western Europe, reveals that revenues in this market totalled $884.79 million in 2006, and are likely to reach $1216.32 million in 2015 due to significant advances in processing technologies for video detection and rising congestion in urban and interurban areas.

If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the latest strategic analysis of the Advanced Traffic Management Systems in Western Europe, then send an e-mail to Michael Banks, Corporate Communications, at michael.banks[.]frost.com with your full name, company name, title, telephone number, fax number and email address. Upon receipt of the above information, an overview will be sent to you by email.

“Rising congestion levels on road networks are creating plenty of scope for advanced traffic management systems in Western Europe,” notes Frost & Sullivan Research Analyst Sraavani Dodletti. “Traffic volumes have been on the rise despite the implementation of congestion charging schemes, forcing government authorities to implement traffic management systems as a means of reducing journey times and cutting costs.”

In addition, increased investment by the Trans European network (TEN) in the traffic sector is leading to growth and development in the ATMS market. The total investment made by TEN ranges from €1 billion to €2 billion and six European projects have been selected to drive forward this growth and development. These projects span 14 member states in Europe and involve major national and regional traffic authorities and operators.

As regards market trends, there is an increasing shift from loop detectors to overhead detection systems. Overhead detectors have proven themselves to be effective alternatives to inductive loop detectors, since traffic flow patterns measured with these non-intrusive sensors meet the accuracy requirements of a large number of trunk-road applications. Aside from this, the video detection market is an emerging market, which is steadily gaining pace, and is witnessing significant advances in technology related to improving the processing power and flexibility of applications.

However, despite all these positive aspects, budgetary constraints remain a major impediment to the further uptake of advanced traffic management systems. Given their limited budgets, local authorities are less likely to experiment with new measures that have not yet been tried and tested in the field.

“Given the enormous scope for revenue generation in the traffic sector, it is essential that the government and public authorities recognise the importance of increasing budgetary allocations for the traffic industry,” says Sraavani. “This will in turn encourage more companies to create new technologies through research and development.”

Government and public authorities can increase their budget allocation through revenues from congestion charging and toll collection schemes. This will increase budgets for the traffic management industry. Increased budgets are also available through strategic partnerships with private companies.

Strategic Analysis of Advanced Traffic Management Systems in Western Europe is part of the Automotive and Transportation Growth Partnership Service program, which also includes research in the following markets: Strategic analysis of Rail Intelligent Transportation Systems and Road User Charging in Eastern Europe. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies and the investment community by providing comprehensive industry coverage that reflects a unique global perspective, and combines ongoing analysis of markets, technologies, econometrics and demographics

 
 
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Strategic Analysis of Advanced Traffic Management Systems in Western Europe

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