Global Traffic Sensor Market to Reach USD 1,068.7 Million by 2030, Fueled by Smart City Initiatives and Intelligent Transportation Systems
Market Overview
The global traffic sensor market has witnessed steady growth over the last decade, emerging as a cornerstone of modern urban infrastructure. Valued at USD 566.5 million in 2021, the market is projected to expand at a CAGR of 7.5% during the forecast period, reaching an estimated USD 1,068.7 million by 2030. Traffic sensors—ranging from...
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