Global Traffic Sensor Market Share: Expands with 7.5% CAGR, Poised to Reach USD 1 Billion by 2030
Global Traffic Sensor Market Poised for Significant Growth Amid Urbanization and Technological Advancements The Global Traffic Sensor Market Share is experiencing substantial expansion, driven by rapid urbanization, technological innovations, and increased investments in transportation infrastructure. Valued at USD 606.69 million in 2023, the market is projected to reach USD 1,006.54 million by 2030, reflecting a compound annual growth rate (CAGR) of 7.5% during the forecast period.
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