According to a recent market study published by Growth Market Reports (GMR), titled, “Global Traffic Simulation Systems Market by Type, Application, and Region: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 13,694.3 million in 2019 and is expected to grow at a healthy growth rate of 11.9% by the year 2027. The global traffic simulation systems market is anticipated to grow owing to the increasing population, rising demand for transportation facilities, and increasing use of digital twin to evaluate smart machines in real-life operational environment.
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The global traffic simulation systems market has been fragmented based on type, application, and region. Based on type, the traffic simulation systems market has been categorized into microscopic simulation, mesoscopic simulation, macroscopic simulation, and traffic planning simulation. On the basis of application, the traffic simulation systems market has been segregated into rail transportation, roadway and ground transportation, and maritime and air transportation. Based on region, the global traffic simulation systems market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, Asia Pacific is further segmented into India, China, South Korea, Australia, Japan, and Rest of Asia Pacific. The Europe region is further categorized into the U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe, and the MEA region is further divided into Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa (MEA).
In year 2020, the traffic simulation systems market is expected to witness the slow growth due to COVID 19 pandemic. The U.S. is a majorly affected country due to COVID-19 pandemic and many other countries are facing economic recession and hence, the adoption of traffic simulation systems is expected to decrease in the near future. Moreover, partial and complete lockdowns across the globe has resulted in the decline in the transportation of a large population pool. This has negatively impacted the product adoption and is expected to limit the growth of traffic simulation systems market from 2020 to 2021.
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As per GMR industry analyst Akshata Ahire, “The Global Traffic Simulation Systems Market is anticipated to witness significant growth during forecast period 2021-2027 driven by growing deployment and integration sections, emerging scope of simulations to digital twins, and increasing population across Asia Pacific region. However, the high deployment costs accompanied by restricted expenditure on public sector might create a limitation in the development of intelligent traffic management systems and can further hinder traffic simulation systems market. CPU simulation of traffic is extensively used technique in research of traffic demonstration and development & planning of traffic systems and networks”.
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Report Metric |
Details |
Market Value in 2019 |
USD 13,694.3 Million |
Market Growth Rate (from 2021 to 2027) |
11.9% |
Historical Data |
2017 & 2018 |
Base Year |
2019 |
Forecast Period |
2020 – 2027 |
Units Considered |
Value (USD Million) |
Market Segments |
By Type , By Application |
Regional Scope |
North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA) |
Country Scope |
U.S., Canada, Brazil, Mexico, Rest of Latin America, India, China, Japan, South Korea, Australia, Rest of Asia Pacific, U.K., France, Germany, Italy, Spain, Russia, Rest of Europe, Saudi Arabia, South Africa, UAE, and Rest of MEA. |
Key Companies Profiled |
AnyLogic, INCONTROL, Adacel, Fujitsu, FlexSim, Aimsun, PTV Group, Simio, Transoft, Trafficware, ATRiCS, INRO, Nexus Telecom, Caliper Corporation |
Customization Scope |
Report customization available on request |
Pricing and Purchase Options |
Avail tailor-made purchase options to meet your research requirements. |
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