Traffic Jam Assist (TJA) Systems Market Size, Share, Top Key Players, Growth, Trend and Forecast Till 2027

March 08 14:50 2021
The rising cases of road accidents and the increasing traffic congestion are driving the demand for the market.

Traffic Jam Assist (TJA) Systems Market is forecasted to be worth USD 6.38 Billion by 2027, according to a current analysis by Emergen Research. Due to growing cases of road accidents due to human errors and congestion, the market for Traffic Jam Assist (TJA) Systems is expected to expand substantially over the forecasted period. According to the World health organization, as a result of road traffic crashes, nearly 1.35 million people die per year globally.

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 The report is a comprehensive research study of the global Traffic Jam Assist Systems market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.

Key participants include Mercedes-Benz, Automotive Group., ZF Friedrichshafen AG, NVIDIA Corporation, AUDI AG, ŠKODA AUTO, Robert Bosch GmbH, Hyundai Mobis, Ford Motor Company, Bayerische Motoren Werke AG, and Continental AG among other.

The global Traffic Jam Assist Systems market report offers definitions, classifications, and comprehensive coverage of the entire industry. Furthermore, the report is segmented into key aspects to offer a better understanding of the global Traffic Jam Assist Systems market. The report examines crucial elements of the Traffic Jam Assist Systems industry by giving a detailed description of the threats, drivers, opportunities, and restraints.

  • Component Outlook (Revenue, USD Billion; 2017-2027)
    • ECUs
    • Automotive Cameras
    • LiDAR
    • Ultrasonic Sensors
    • RADAR
  • Level Outlook (Revenue, USD Billion; 2017-2027)
    • Level 2
    • Level 3
  • Method Outlook (Revenue, USD Billion; 2017-2027)
    • Lane Tracking System
    • Vehicle Detection and Collision Avoidance System
    • Auto Steering and Speed Control System
    • Others

The Vehicle Detection and Collision Avoidance system is expected to hold the largest market over the forecasted period. This method facilitates the identification of light and heavy vehicles and pedestrians by the application of artificial intelligence and can measure the height and width of vehicles.

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Regional Bifurcation of the Traffic Jam Assist Systems Market Includes:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Objectives of the Report:

  • Study of the global Traffic Jam Assist Systems market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Traffic Jam Assist Systems market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Traffic Jam Assist Systems market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Traffic Jam Assist Systems market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Traffic Jam Assist (TJA) Systems Market Segmentation & Impact Analysis

    4.1. Traffic Jam Assist (TJA) Systems Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. The increasing traffic congestion

                    4.2.2.2. Growing demand for luxury vehicles

                    4.2.2.3. The rising cases of road accidents

                    4.2.2.4. The increasing technological advancement

          4.2.3. Market restraints analysis

                    4.2.3.1. High system cost

                    4.2.3.2. Issues related system reliability

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Traffic Jam Assist (TJA) Systems Market By Component Insights & Trends, Revenue (USD Billion)

    5.1. Component Dynamics & Market Share, 2019 & 2027

          5.1.1. ECUs

          5.1.2. Automotive Cameras

          5.1.3. LiDAR

          5.1.4. Ultrasonic Sensors

          5.1.5. RADAR

Chapter 6. Traffic Jam Assist (TJA) Systems Market By Level Insights & Trends Revenue (USD Billion)

    6.1. Level Dynamics & Market Share, 2019 & 2027

          6.1.1. Level 2

          6.1.2. Level 3

Chapter 7. Traffic Jam Assist (TJA) Systems Market By Method Insights & Trends Revenue (USD Billion)

    7.1. Method Dynamics & Market Share, 2019 & 2027

          7.1.1. Lane Tracking System

          7.1.2. Vehicle Detection and Collision Avoidance System

          7.1.3. Auto Steering and Speed Control System

          7.1.4. Others

Continue…!

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