Intelligent transport systems (ITS), an umbrella term to describe systems that ease the processes of traffic and driving through automation, have evolved to include traffic recognition systems (TSR), which enable automatic traffic signs detection and recognition.

Market Analysis and Insights: Global Traffic Signal Recognition Market
The global Traffic Signal Recognition market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Traffic Signal Recognition market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Traffic Signal Recognition market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Traffic Signal Recognition market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Traffic Signal Recognition market.

Global Traffic Signal Recognition Scope and Market Size
Traffic Signal Recognition market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Traffic Signal Recognition market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Colour-Based Detection
Shape-Based Detection
Feature-Based Detection
Other

Segment by Application
Bridges
Road
Tunnel
Mountain Pass
Highways
Other

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Robert Bosch
Daimler
Denso Corporation
Ford
Toshiba
ZF TRW
Continental AG
Hella Aglaia Mobile Vision GmbH
Mobileye Corporation
Delphi
Gentex