At 18.1% CAGR, the Middle East & Africa Adaptive Traffic Control System Market is projected to be worth US$ 1,524.11 million by 2030 says Business Market Insights

According to Business Market Insights research, the Middle East & Africa adaptive traffic control system market was valued at US$ 403.62 million in 2022 and is expected to reach US$ 1,524.11 million by 2030 registering a CAGR of 18.1% from 2022 to 2030. Increasing urban population and vehicle sales and growing investment in roadway infrastructure are the critical factors attributed to the Middle East & Africa adaptive traffic control system market expansion.

The world’s population has increased more than three times than it was in the mid-twentieth century, which is increasing the migration of people from rural to urban areas for better jobs and lifestyles. The growing urban population puts high stress on the roadways, raising traffic congestion in urban cities. Also, the growing urban population has raised the demand for ride-hailing services from cab aggregators such as Uber, Grab, Ola, and Lyft, simultaneously surging the number of vehicles on the road, leading to traffic congestion. The growing urbanization has also led to the growth of e-commerce and on-demand platforms, leading to the growth of traffic in various urban areas, increasing the demand for adaptive traffic control systems to manage the traffic flow. The sales of vehicles are increasing tremendously. Thus, the growing urbanization and vehicle sales, which raise traffic congestion, propel the demand for adaptive traffic control system installations for traffic management.

On the contrary, increasing security threats hampers the Middle East & Africa adaptive traffic control system market.  

Based on type, the Middle East & Africa adaptive traffic control system market is segmented into hardware, software, and services. The software segment held 57.4% share of Middle East & Africa adaptive traffic control system market in 2022, amassing US$ 231.87 million. It is projected to garner US$ 941.47 million by 2030 to expand at 19.1% CAGR during 2022–2030.

Based on component, the Middle East & Africa adaptive traffic control system market is divided into OPAC, SCOOT, RHODES, and SCATS. The SCATS segment held 47.0% share of Middle East & Africa adaptive traffic control system market in 2022, amassing US$ 189.71 million. It is projected to garner US$ 708.22 million by 2030 to expand at 17.9% CAGR during 2022–2030.

Based on application, the Middle East & Africa adaptive traffic control system market is bifurcated into highways and urban (cities). The urban (cities) segment held 72.9% share of Middle East & Africa adaptive traffic control system market in 2022, amassing US$ 294.44 million. It is projected to garner US$ 1,149.65 million by 2030 to expand at 18.6% CAGR during 2022–2030.

Based on country, the Middle East & Africa adaptive traffic control system market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 33.6% share of Middle East & Africa adaptive traffic control system market in 2022. It was assessed at US$ 135.61 million in 2022 and is likely to hit US$ 506.16 million by 2030 exhibiting a CAGR of 17.9% during 2022–2030.      

Key players operating in the Middle East & Africa adaptive traffic control system market are Aldridge Traffic Controllers Pty Ltd, EFKON India Pvt. Ltd, Johnson Controls International Plc, Kapsch TrafficCom AG, Kimley-Horn and Associates Inc, and No Traffic, among others.

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