Traffic Simulation Systems Market Size, Share, Analysis 2030
Traffic Simulation Systems Market Size, Share, Analysis 2030
Segments - 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) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027
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| Report ID :AL-102
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Report Description
Traffic Simulation Systems Market Outlook
The global traffic simulation systems market size 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, 2020-2027.
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.
Traffic Simulation Systems 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.
Traffic Simulation Systems Market Segment Insights
Type Segment Analysis
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.
Application Segment Analysis
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.
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.
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
Segments
Type
- Microscopic Simulation
- Mesoscopic Simulation
- Macroscopic Simulation
- Traffic Planning Simulation
Application
- Rail Transportation
- Roadway and Ground Transportation
- Maritime and Air Transportation
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
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.
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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.
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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.
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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.
Frequently Asked Questions
Major Manufactures include Adacel, Fujitsu, PTV Group, Trafficware, and Aimsun among others.
Rail transportation, roadway & ground transportation and maritime & air transportation industries are the key end-users that are driving the traffic simulation systems market growth.
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.
The COVID-19 pandemic has negatively impacted the market growth during year 2019 -2020 to a certain extent.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
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.
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.
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.
Yes, the report covers product specific information such as microscopic simulation, mesoscopic simulation, macroscopic simulation, and traffic planning simulation.
Additional company profiles can be provided on request.
Table Of Content
Chapter 1 Executive SummaryChapter 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
Methodology
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