Turkey traffic
management market is expected to develop at a rapid pace owing to the
increasing adoption of IoT and big data in Turkey. Traffic management has become
a crucial tool for consumers due to the increasing adoption of smart traffic
lights and surge in development of smart cities that has proliferated the
demand for effective traffic management systems in Istanbul, Ankara, and many other
prominent cities in Turkey. The increasing traffic jams have severely impacted
the lives of citizens. In addition, traffic management offer businesses the
opportunity to improve air quality from reducing air pollution generated by
slow-moving traffic, which helps in maintaining the traffic speed control and
reduce delays to public transportation. Moreover, the growing technical
advancements such as Cloud computing, big data, 5G, and Internet of Things
(IoT) have increased the demand for traffic management systems. As the country is
tremendously experiencing industrialization and urbanization, there is an
increasing need for effective traffic management systems in various sectors in
Turkey.
Traffic management is the process of
prioritizing, shaping, and routing network traffic to ensure that critical
applications remain available. The process of determining many situations in
which traffic control and guidance are required, as well as the implementation
of effective procedures, such as traffic control, to safely regulate and guide
traffic with the least amount of interruption and delay, is known as traffic
management. Traffic control management refers to the planning, monitoring, and
use of traffic control strategies at civil infrastructure projects and
construction sites. Static and dynamic vehicular clouds are used in traffic
management to regulate traffic flow and provide a safe driving environment. The
developing IoT trend, the growing requirement for organizations to simplify
network administration, the rise in customer demand for more business agility
and responsiveness, and the increased use of traffic management in logistics
and transportation have contributed to an increase in service demand.
Furthermore, as companies enable crucial applications through dependable and
high-performance connections, traffic management is becoming more common.
Traffic management allows businesses to provide on-time services at lower
rates.
Increasing Focus on Existing Traffic
Upgradation
An effective traffic management system is
becoming increasingly popular in cities such as Istanbul, Ankara, and many more
in Turkey, which are eager to embrace congestion-free traffic. Istanbul is home
to metrobuses, a bus rapid transit route system with 45 stations via Avcılar
from the European side to Sogutlucesme on the Asian side. The traffic
congestion in its most cities are becoming increasingly severe which has
resulted in adoption of various strategies for traffic upgradation. For
instance, according to a report published by navigation company TomTom, the
popular city Istanbul with a population of over 15 million has become the
highest traffic density in the world, averaging 62% congestion in 2021. The
current surge in traffic due to the high adoption of vehicles has increased the
demand for effective traffic management with security and safety, which has
caused businesses to reevaluate their traffic control systems. Enterprises are
enabling smart traffic management system to centralize the control function to
moderate traffic conditions by analyzing real-time traffic situations,
improvising traditional ticketing with an automated E-bill payment system,
congestion-free traffic and helps in eradicate pollution. This has provided the
edge for several applications’ performance and offers a high-quality user
experience, which has contributed to an increase in business productivity.
Moreover, the integration of intelligence to
monitor and manage traffic, are intelligent insights and solutions for current
problems through a few modifications and technology integrations providing an
overall level of traffic management and greenhouse gas (GHG) emissions. In
addition, in February 2023, Türksat A.Ş. in corporation with Bursa Metropolitan
Municipality implemented the Bursa Urban Traffic Management Center Project. This
project enables Bursa traffic to get manage from a single center. This will
save 36 million TL in fuel and reduce carbon dioxide emissions by 3 thousand
tons. Furthermore, the adaptive systems detect vehicle traffic using a
combination of video detection and radar, adjusting signals in real-time with
software powered by artificial intelligence. Therefore, increasing focus on
existing traffic upgradation is expected to increase the adoption of traffic
management systems in Turkey.
Surge in Development of Smart Cities in Turkey
Turkey is experiencing a surge in the
development of smart cities due to several factors, including the country's
rapid urbanization, its commitment to innovation, and its strategic location. Cities
are becoming smarter and smart mobility is a key component in achieving this
goal. Nations are rapidly working on accelerating the use of smart technologies
in achieving sustainable development goals. Furthermore, the Ministry of
Environment and Urbanization has formulated a National Smart City Policy that
articulates the government's strategic vision for the advancement of smart
cities in Turkey. This initiative has contributed to the growing demand for
traffic management solutions in the country. The rising government investments
in smart cities projects such as Istanbul Smart City Project, Canakkale Smart
City Project, and Aksaray Smart City Project, which are focused on improving the
quality of life and improving the efficiency and sustainability of public
infrastructure are further propelling the adoption of smart technologies such
as advance traffic management systems. These smart technologies in smart cities
are used to connect vehicles, public transit, infrastructure, and people to
improve mobility and safety. For instance, cities such as Izmir are already
using smart traffic management systems, where traffic is monitored through real-time
traffic information system and a parking guidance system, allowing the city to
broadcast information about current travel times on roads by suggesting the
best route to take. Furthermore, enterprises solutions developed by various
enterprise such as Turk Telecom, Sigfox, IBM Corporation, and many more are
being introduced to upgrade communications infrastructure and optimize traffic
data system fast and cost effectively. Thus, the rising demand for developing
smart cities in Turkey is expected to drive the growth of the traffic
management market in the country during the forecast period.
Increasing Adoption of Drones in Commercial and
Government Applications
The major factor driving the growth of the
Turkey traffic management market is due to the increase of UAVs and drones in
commercial appliances primarily logistics & transportations, use of drone
surveillance in military, and armed forces along with drone monitoring in
agriculture and forestry. Many enterprises in Turkey are seeking for more
innovative ways to gather information, efficiently streamline operations, and
improve country security through drone surveillance. With this growth comes
tremendous responsibility to put a crucial harmonized traffic management system
in place. Despite all these potential benefits and as the skies becomes the
next frontier, there will be a need of more advanced and successful UTM system
to facilitate growth in the elevated mobility market ensuring public safety and
security. In 2022, Turkey achieved a remarkable milestone by reaching a
record-breaking $4.4 billion in arms exports. This figure surpasses the annual
defense budgets of certain European countries. With the accomplishment of
surpassing its export goal for the year, the Turkish government has set its
sights on further elevating this number to $6 billion in the year 2023.
Notably, the overall turnover of Turkey's defense industry in the previous year
amounted to $10 billion, as reported by Turkey's Presidency of Defense
Industries. The speculation will be utilized to help the advancement of new
drone technologies and to make occupations in the drone business. Together with
the government, the Drone Industry Association of Turkey (DIAT) are developing
rules and guidelines for the safe and responsible use of drones. In addition,
several initiatives have increased the use of drones in a variety of
applications, including the national drone strategy, which outlines the
development of new drone technologies, the promotion of drone tourism, and the
goal of making Turkey a global hub for drone development.
Moreover, Businesses spanning various industries are
increasingly recognizing the benefits of traffic management, which encompass
cost-effectiveness, time conservation, and the integration of technological
progress that drones can introduce to their operations. This has led to a
significant increase in usage, experiments, and trials of UAVs by the
government and enterprises across sectors. Therefore, the increase in the adoption
of drones in commercial & government applications is attributed to the growth
of the Turkey traffic management market during the forecast period.
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Market Segmentation
The Turkey traffic management market is segmented primarily based on
component, system, end-user, and region. Based on component, the market is
segmented into hardware and sub-segmented into display boards, sensors, signal
lights, cameras, controllers, and others; software, which is further segmented
into control room software, video management software, traffic signal control
software, ANPR software, sign control software, and others; and services into
installation and system integration, engineering services, and support &
maintenance and consulting. Based on system, the market is bifurcated into urban
traffic management and control (UTMC) system, adaptive traffic control system (ATCS),
journey time measurement system (JTMS), predictive traffic modeling system (PTMS),
incident detection and location system (IDLS), and dynamic traffic management
system (DTMS). The end-user segment is categorized into healthcare & life
sciences, BFSI, retail & consumer goods, manufacturing, IT &
telecommunication, media & entertainment, government and public sector, and
others. The market analysis also studies the regional segmentation to devise
regional market segmentation, divided among Marmara, Central Anatolia, Aegean, Mediterranean,
Black Sea, South Eastern Anatolia, and Eastern Anatolia.
Market Players
Major market players of the Turkey traffic management market are ONUR
Yüksek Teknoloji A.Ş., Honeywell International Inc., Cisco Systems, Inc.,
Siemens Mobility Transportation Systems Inc., INDRA SISTEMAS, and S.A. Turkey,
Swarco AG.
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Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historic Data
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2018 –
2021
|
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Estimated Year
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2023
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Forecast Period
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2024
– 2028
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Quantitative Units
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Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028
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Report coverage
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Revenue
forecast, company share, growth factors, and trends
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|
Segments covered
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Component
§
Hardware
§
Software
§
Services
System
End-User
|
|
Regional scope
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Marmara, Central Anatolia, Aegean,
Mediterranean, Black Sea, South Eastern Anatolia, Eastern Anatolia
|
|
Key companies profiled
|
ONUR Yüksek
Teknoloji A.Ş., Honeywell International Inc., Cisco Systems, Inc., Siemens
Mobility Transportation Systems Inc., INDRA SISTEMAS, S.A. Turkey, Swarco AG.
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Customization scope
|
10% free report customization with purchase. Addition or alteration to
country, regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized
purchase options to meet your exact research needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable version
of the report in PPT/Word format on special request)
|
Report
Scope:
In this
report, Turkey traffic management market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Turkey Traffic Management Market,
By Component:
o Hardware
§ Display Boards
§ Sensors
§ Signal Lights
§ Cameras
§ Controllers
§ Others
o Software
§ Control Room Software
§ Video Management Software
§ Traffic Signal Control Software
§ ANPR Software
§ Sign Control Software
§ Others
o Services
§ Installation & System Integration
§ Engineering Services
§ Support & Maintenance
§ Consulting
- Turkey Traffic Management Market,
By System:
o Urban Traffic Management and Control (UTMC) System
o Adaptive Traffic Control System (ATCS)
o Journey Time Measurement System (JTMS)
o Predictive Traffic Modeling System (PTMS)
o Incident Detection and Location System (IDLS)
o Dynamic Traffic Management System (DTMS)
- Turkey Traffic Management Market,
By End User:
o Healthcare & Life Sciences
o BFSI
o Retail & Consumer Goods
o Manufacturing
o IT & Telecommunication
o Media & Entertainment
o Government & Public Sector
o Others
- Turkey Traffic Management Market,
By Region:
o Marmara
o Central Anatolia
o Aegean
o Mediterranean
o Black Sea
o South Eastern Anatolia
o Eastern Anatolia
Competitive
Landscape
Company
Profiles: Detailed analysis of the major
companies present in Turkey Traffic Management Market
Available
Customizations:
Turkey traffic
management market with the
given market data, Tech Sci Research offers customizations according to a
company’s specific needs. The following customization options are available for
the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
Turkey traffic
management market is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]