Traffic Simulation Systems Market

Global Traffic Simulation Systems Market By Type (Microscopic Simulation, Mesoscopic Simulation, Macroscopic Simulation, Traffic Planning Simulation), By Application (Rail Transportation, Roadway and Ground Transportation, Maritime and Air Transportation), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

  • Report ID: ICT-SE-102
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 16
  • No. Of Pages: 103
  • Format:
  • Pub. Date: 2020-10-02
  • Share:

Market Outlook:

The global traffic simulation systems market was valued at USD 13,694.3 million in 2019 and is projected to reach USD 33,648.6 million by 2027, expanding at a CAGR of 11.9% during the forecast period. Traffic simulation is the mathematical modeling of transportation systems (e.g., arterial routes, roundabouts, freeway junctions, downtown grid systems, etc.) with the help of computer software to better help design, plan, and operate transportation systems. Traffic simulation or transportation simulation models take into account the factors such as speed, traffic flow, density features and combine them with analytical techniques such as shock-wave analysis, capacity analysis, demand-supply analysis, and queuing analysis. The logic of traffic simulation models varies across models and various methods to represent the operations related to traffic are employed.

Global Traffic Simulation Systems Market Key Takeaways

Market Dynamics
As the product improvement becomes gradually sophisticated and complex subsequently, the consequences and risks of catastrophe keeps on rising. It is predicted that the usage of simulation will continue to propagate. Businesses will need the capability to use several physics factors and accomplish complete structure simulations. When integrated in a digital twin, engineering simulation assists companies to optimize and analyze the performance of products in real-world functioning conditions and make secure predictions about forthcoming performance to improve product productivity and operation, as well as decrease the cost and threat of unplanned downtime. Thus, growing awareness and increasing adoption of digital twins are estimated to drive the growth of the global traffic simulation systems market.

Security-associated issues, dearth of uniform technology standards as well as attaining standard & interoperable architecture for intelligent traffic administration systems is expected to limit the growth of traffic simulation systems market.

Segmental Outlook

On the basis of types, the global traffic simulation systems market has been categorized into microscopic simulation, mesoscopic simulation, macroscopic simulation, and traffic planning simulation. The microscopic simulation segment held a market share of around 32.6% in 2019 and is anticipated to expand at substantial CAGR during the forecast period. A sustainable transportation system is important for efficient accessibility and mobility for all road users in an environment-friendly and safe transport mode. Microscopic traffic simulation has developed as an enormously useful tool over the past few years for assessing and improving different complex traffic management and control systems. Real-world traffic network dynamics are accurately replicated with the help of these microscopic simulation tools by simulating the movement of vehicle of an individual through the network.

Global Traffic Simulation Systems Market By Type

Based on application, the global traffic simulation systems market has been segmented into rail transportation, roadway and ground transportation, and maritime and air transportation. The maritime and air transportation segment is expected to register highest CAGR during the period from 2020 to 2027. Maritime and air transportation is a connection between the transport network and international trade. An efficient transport system has the ability to enhance trade and larger volume of trade can ultimately generate the demand for investments in the transport network. The growth of air transport services is vital for the sustainable development of tourism and trade. This sector acts as an economic catalyst as it assists the economy in moving services & products with speed & efficiency and also in creating new market opportunities.

Global Traffic Simulation Systems Market By Application

Regional Outlook

In terms of regions, the global traffic simulation systems market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global traffic simulations systems market in 2019 and is anticipated to expand at substantial CAGR during the forecast period. North America is focusing on efficient monitoring of traffic movements with the implementation of advanced technologies that reduce the effects of unavoidable disaster, thereby providing quick reactive measures. This is one the latest trends prevailing in the traffic simulation systems market. Moreover, the presence of various safety and compulsory inspection standards for traffic simulation systems production in this region accounts for the industry growth.

Global Traffic Simulation Systems Market By Region

Competitive Landscape

  • Key players in the market include Adacel, Fujitsu, PTV Group, Trafficware, and Aimsun among others. These companies are considered as key manufacturers of traffic simulation systems based on their revenue, research & development (R&D) activities, regional presence, and supply chain management system.
  • The players are adopting key strategies such as acquisition, new product launches, and geographical expansion in order to strengthen their market position.
  • For instance, in June 2020, Adacel announced that the U.S. Army purchased more than 60 simulators in order to support its Air Traffic Control Common Simulator (ACS) Program. This contract included hardware and software support with a valuation of around USD 2.8 million.
  • In October 2018, Cubic Corporation entered into an agreement to acquire Advanced Traffic Solutions Inc. (Trafficware). Trafficware provides intelligent traffic solutions for the transportation industry. The purchase price for this acquisition was approximately USD 235.7 million.
  • In June 2017, Porsche Automobil Holding SE completed the acquisition of PTV Group. PTV Group develops software for transport planning and logistics. The purchase price for this acquisition was USD 338 million.

Global Traffic Simulation Systems Market By Key Players

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Traffic Simulation Systems Market
  • Historical, Current and Projected Market Size in terms of Value
  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
  • Industry Drivers, Restraints and Opportunities Covered in the Study
  • Recent Industry Trends and Developments
  • Competitive Landscape & Strategies of Key Players
  • Neutral Perspective on Global Traffic Simulation Systems Market Performance
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Traffic Simulation Systems Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Traffic Simulation Systems Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Traffic Simulation Systems Market - Supply Chain Analysis
   4.4 Key Forces Shaping the Traffic Simulation Systems Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Traffic Simulation Systems Market Size & Forecast, 2017-2027
      4.5.1 Traffic Simulation Systems Market Size and Y-o-Y Growth
      4.5.2 Traffic Simulation Systems Market Absolute $ Opportunity
Chapter 5 Global Traffic Simulation Systems Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Traffic Simulation Systems Market Size Forecast By Type
      5.2.1 Microscopic Simulation
      5.2.2 Mesoscopic Simulation
      5.2.3 Macroscopic Simulation
      5.2.4 Traffic Planning Simulation
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Traffic Simulation Systems Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Traffic Simulation Systems Market Size Forecast By Application
      6.2.1 Rail Transportation
      6.2.2 Roadway and Ground Transportation
      6.2.3 Maritime and Air Transportation
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Traffic Simulation Systems Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Traffic Simulation Systems Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Traffic Simulation Systems Analysis and Forecast
   9.1 Introduction
   9.2 North America Traffic Simulation Systems Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Traffic Simulation Systems Market Size Forecast By Type
      9.6.1 Microscopic Simulation
      9.6.2 Mesoscopic Simulation
      9.6.3 Macroscopic Simulation
      9.6.4 Traffic Planning Simulation
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Traffic Simulation Systems Market Size Forecast By Application
      9.10.1 Rail Transportation
      9.10.2 Roadway and Ground Transportation
      9.10.3 Maritime and Air Transportation
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Traffic Simulation Systems Analysis and Forecast
   10.1 Introduction
   10.2 Europe Traffic Simulation Systems Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Traffic Simulation Systems Market Size Forecast By Type
      10.6.1 Microscopic Simulation
      10.6.2 Mesoscopic Simulation
      10.6.3 Macroscopic Simulation
      10.6.4 Traffic Planning Simulation
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Traffic Simulation Systems Market Size Forecast By Application
      10.10.1 Rail Transportation
      10.10.2 Roadway and Ground Transportation
      10.10.3 Maritime and Air Transportation
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Traffic Simulation Systems Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Traffic Simulation Systems Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Traffic Simulation Systems Market Size Forecast By Type
      11.6.1 Microscopic Simulation
      11.6.2 Mesoscopic Simulation
      11.6.3 Macroscopic Simulation
      11.6.4 Traffic Planning Simulation
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Traffic Simulation Systems Market Size Forecast By Application
      11.10.1 Rail Transportation
      11.10.2 Roadway and Ground Transportation
      11.10.3 Maritime and Air Transportation
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Traffic Simulation Systems Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Traffic Simulation Systems Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Traffic Simulation Systems Market Size Forecast By Type
      12.6.1 Microscopic Simulation
      12.6.2 Mesoscopic Simulation
      12.6.3 Macroscopic Simulation
      12.6.4 Traffic Planning Simulation
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Traffic Simulation Systems Market Size Forecast By Application
      12.10.1 Rail Transportation
      12.10.2 Roadway and Ground Transportation
      12.10.3 Maritime and Air Transportation
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Traffic Simulation Systems Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Traffic Simulation Systems Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Traffic Simulation Systems Market Size Forecast By Type
      13.6.1 Microscopic Simulation
      13.6.2 Mesoscopic Simulation
      13.6.3 Macroscopic Simulation
      13.6.4 Traffic Planning Simulation
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Traffic Simulation Systems Market Size Forecast By Application
      13.10.1 Rail Transportation
      13.10.2 Roadway and Ground Transportation
      13.10.3 Maritime and Air Transportation
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Traffic Simulation Systems Market: Competitive Dashboard
   14.2 Global Traffic Simulation Systems Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 AnyLogic
      14.3.2 INCONTROL
      14.3.3 Adacel
      14.3.4 Fujitsu
      14.3.5 FlexSim
      14.3.6 Aimsun
      14.3.7 PTV Group
      14.3.8 Simio
      14.3.9 Transoft
      14.3.10 Trafficware
      14.3.11 ATRiCS
      14.3.12 INRO
      14.3.13 Nexus Telecom
      14.3.14 Caliper Corporation
Key Segments Covered
By Type
  • Microscopic Simulation
  • Mesoscopic Simulation
  • Macroscopic Simulation
  • Traffic Planning Simulation
By Application
  • Rail Transportation
  • Roadway and Ground Transportation
  • Maritime and Air Transportation
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Spain
    • Russia
    • Rest of the Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA

Key Market Players Profiled in the Report
  • AnyLogic
  • INCONTROL
  • Adacel
  • Fujitsu
  • FlexSim
  • Aimsun
  • PTV Group
  • Simio
  • Transoft
  • Trafficware
  • ATRiCS
  • INRO
  • Nexus Telecom
  • Caliper Corporation

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FAQ Section

Some frequently asked quetions about this report!

Additional company profiles can be provided on request.

Yes, the report covers product specific information such as microscopic simulation, mesoscopic simulation, macroscopic simulation, and traffic planning simulation.

According to this Growth Market Reports report, the market from traffic simulation systems is likely to register a CAGR of 11.9% during forecast period 2020-2027, with an anticipated valuation of USD 33,648.6 million by the end of the 2027.

In addition to market size (in USD Million), the Company Market Share (in % for base year 2019), other data such as macro-economic factors, and COVID-19 impact on the overall market are available in the final report.

The rising urban population, increasing need for traffic simulation systems and growing demand for transportation facilities are some of the factors driving the market growth.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

The COVID-19 pandemic has negatively impacted the market growth during year 2019 -2020 to a certain extent.

The base year considered for the global traffic simulation systems market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.

Rail transportation, roadway & ground transportation and maritime & air transportation industries are the key end-users that are driving the traffic simulation systems market growth.

Major Manufactures include Adacel, Fujitsu, PTV Group, Trafficware, and Aimsun among others.