Transportation sensors are the combination of sensors with embedded algorithms, digital interface, and signal conditioning. Transportation sensors enable collection of accurate environmental data with low level of noise. These sensors support IT solutions like analytics, and machine-to-machine communication. Rise in development as well as adoption of IoT (Internet of Things) will propel the market growth.
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Top Key Players/Manufacturers of Global Transportation Sensors Market:
● Miovision Technologies Inc, Leddartech Inc, Kistler Group, Kapsch Trafficcom Ag, Jenoptik Ag, International Road Dynamics, Inc., Image Sensing Systems, Inc, Flir Systems, Inc, Efkon Ag, and Diablo Controls Inc
Global Transportation Sensors Market Production Breakdown Data by Top Regional scope:
· NorthAmerica
· Asia Pacific
· Europe
· Latin America
· Middle East
By Driver Global Transportation Sensors Market is primarily split into:
- Increase in on road vehicles and ineffective existing transport infrastructure is the key driving factor which is expected to boost the global transportation sensors market growth. Furthermore, increase in government initiatives for better infrastructure will have the positive impact on market growth. Moreover, rise in smart city projects which is expected to propel the market growth. Also, increase in technological advancements will drive the market growth. For instance, in May 2018, DHL had launched IoT enabled truck transportation solution with sensors which provide real-time data analysis for route optimization.
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