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Global Inductive Loop Vehicle Detector Market by Type (Saw Cut Loop, Performed Loop), By Application (Traffic Management, Parking Management, Security Gates, Drive-thru Restaurants, Security Bollards, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: ME-632
  • Author: Up Market Research
  • Rating: 4.8
  • Total Reviews: 60
  • No. Of Pages: 218
  • Format:
  • Pub. Date: 2021-03-01
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The global inductive loop vehicle detector market is expected to grow at a CAGR of 5.5% from 2019 to 2028 and reach an estimated value of USD 8,092 million in 2028 from USD 4,819 million in 2018. North America dominated the market with its share accounted for about 66% in 2018 due to the high demand for security gates and drive-thru restaurants. The Asia Pacific is expected to show the fastest growth during the forecast period on account of the increased adoption of these devices owing to increasing traffic congestion and rising crime rates.

An inductive loop in the road is a device that detects the presence of metal objects such as cars. It is typically used to measure traffic flow and for controlling automated gates at entrances or exits to site locations. The technology senses vehicles by an electromagnetic field, which can be calibrated according to vehicle size and type, thus providing accurate detection data.

An inductive loop vehicle detector is an electronic device that detects the presence of a metal such as steel, iron, or aluminum. This type of detection uses electromagnetic induction to sense the conductivity and determine if it belongs to a car or any other metallic object. An inductive loop vehicle detector can be found in many places including parking lots, drive-thru restaurants, and retail stores - anywhere there are vehicles coming through often enough for them to interfere with daily operations due to their sheer numbers.

On the basis of type, the global inductive loop vehicle detector market is segmented into saw-cut loop, performed loop.

Saw-Cut Loop

A saw-cut loop is the simplest form of inductive vehicle detector (IVD). It is a wire or runner, which has been installed in most intersections and parking areas. This type of IVD consists of two loops that are set up perpendicular to one another. One runs parallel to the curb line while the other begins at an angle to the curb line. This is a cheaper, easier install type of IVD that has been in use for many years and still remains popular today.

A saw-cut loop consists of two loops: one runs parallel with the curbside while the other starts at an angle from it. A wire or runner installed perpendicular to both loops is a saw-cut loop. A wire or runner that has been installed perpendicular to both loops forms a saw cut loop, which consists of two loops: one running parallel with the curbside while the other starts at an angle from it. Saw-cut IVDs are cheaper and easier to install than perforated ones and are still popular today.

Performed Loop

The performance loop is the current preferred type of IVD, as it can be easily installed on new or existing pavement. The wire loops are laid out in a close-spaced rectangular pattern with one end extending to and past the curb line for connection to signal heads placed at intersections. A sensing head connected to the loop detects the vehicle's metal body and transmits a signal back to the control box.

On the basis of application, the global inductive loop vehicle detector market is segmented into traffic management, parking management, security gates, drive-thru restaurants, and others.

Traffic Management

The applications of inductive loop vehicle detector in traffic management are divided into two categories: (i) detection and feedback control loops, which is used to sense the number of vehicles passing a certain point, typically at an intersection with signal lights; and (ii) pre-emption loops that are embedded within the pavement. The former application can be used for the detection of queues at intersections and is popular in Western Europe. The latter application can be used to minimize delay created by red-light running while maintaining safe speeds on green signals, as well as providing a warning signal when vehicles are detected crossing through an intersection after the light has turned yellow or red.

Parking Management

The parking management segment is sub-divided into the security gates and drive-thru restaurant applications. In this section, we will be looking at how inductive loops are used in these two applications. Inductive loops are installed on a traffic island to count vehicles as they enter or exit a secured area such as a city center, mall car park, office building, or residential blocks.

Security Gates

In security gates, inductive loops are installed on both sides of each gate to count vehicles entering or exiting a secured area such as the city center, mall car park, office building, or residential blocks. The loops will be connected to an electronic counter which is either mounted above the entry/exit point in es of security gates or installed on the ground near it. It is worth noting that inductive loops do not need to be positioned in a straight line, as they can curve and bend so long as their paths are connected electrically.

The vehicle's weight will be detected by these loops while driving over them with one loop passing under the vehicle and the next loop above it. The inductive loops will create a magnetic field and when the vehicle's metal body interrupts this electromagnetic flux, an electric current is generated proportional to the size of its magnet. The number of interruptions detected over time can then be counted by an electronic counter which sends out signals to every gate as vehicles pass through them or to a computer system via an external sensor.

A vehicle detector is used in defense for security purposes, to ensure that the vehicle has appropriate clearance before it enters a secure area, and also as a part of surveillance systems.

Drive-Thru Restaurants

The drive-thru restaurant application is where a set of loops are installed on the ground and positioned to detect vehicles entering the lane from which they choose their meal at this type of eatery. The vehicle's weight will be detected by these inductive loops as it drives over them with one loop passing under the vehicle and the other over it.

On the basis of region, the global inductive loop vehicle detector market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American region accounted for the largest share due to its developed infrastructure in most of the countries. In addition to this, it has a large potential market segment with more than one billion vehicles present on roadways which is not fully tapped yet.

North America is followed by Latin America, Europe, and the Asia Pacific. In the coming years, the North American region is expected to lead in terms of market share due to increasing demand for traffic management infrastructure. The market in Europe region is also projected to grow at a significant rate owing to the increasing focus on improving traffic flow and minimizing congestion.

In the coming years, the Asia Pacific region is expected to lead in terms of growth due to its rising demand for vehicles as well as infrastructure development such as expressways, roads, etc. Middle East & Africa are also expected to grow at a significant rate owing to the increasing focus on improving traffic flow and minimizing congestion.

Growth Factors

Growth factors of the global inductive loop vehicle detector market are increasing demand for parking management, the high adoption rate in various application sectors, and the need to control traffic congestion. According to a study by KPMG on transportation systems, improving sustainable transport options will be necessary through 2020 as per-capita fuel consumption is set to decrease over this period.


Up Market Research published a new report titled “Inductive Loop Vehicle Detector Market research report which is segmented by Types (Saw Cut Loop, Performed Loop), By Applications (Traffic Management, Parking Management, Security Gates, Drive-thru Restaurants, Security Bollards, Others), By Players/Companies Marsh Products, Nortech Access Control Ltd, SWARCO AG, PROCON, Reno A&E, Gate Drive Solutions Ltd., Omnitec Group, Gate Depot, Diamond Traffic Products, Ampetronic Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

 

Report Scope

Report Attributes Report Details
Report Title Inductive Loop Vehicle Detector Market Research Report
By Type Saw Cut Loop, Performed Loop
By Application Traffic Management, Parking Management, Security Gates, Drive-thru Restaurants, Security Bollards, Others
By Companies Marsh Products, Nortech Access Control Ltd, SWARCO AG, PROCON, Reno A&E, Gate Drive Solutions Ltd., Omnitec Group, Gate Depot, Diamond Traffic Products, Ampetronic Ltd
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 218
Number of Tables & Figures 153
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Inductive Loop Vehicle Detector Industry Outlook
 

Global Inductive Loop Vehicle Detector Market Report Segments:

The market is segmented by Type Saw Cut Loop, Performed Loop and By Application Traffic Management, Parking Management, Security Gates, Drive-thru Restaurants, Security Bollards, Others.

 

Some of the companies that are profiled in this report are:

  1. Marsh Products
  2. Nortech Access Control Ltd
  3. SWARCO AG
  4. PROCON
  5. Reno A&E
  6. Gate Drive Solutions Ltd.
  7. Omnitec Group
  8. Gate Depot
  9. Diamond Traffic Products
  10. Ampetronic Ltd
 

Inductive Loop Vehicle Detector Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Inductive Loop Vehicle Detector Market
 

Overview of the regional outlook of the Inductive Loop Vehicle Detector Market:

Based on region, the market is 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. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Inductive Loop Vehicle Detector Market Overview
 

Highlights of The Inductive Loop Vehicle Detector Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Inductive Loop Vehicle Detector Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Saw Cut Loop

                2. Performed Loop

       7. By Application:

                1. Traffic Management

                2. Parking Management

                3. Security Gates

                4. Drive-thru Restaurants

                5. Security Bollards

                6. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Inductive Loop Vehicle Detector Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

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  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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Inductive Loop Vehicle Detector Market Statistics
 

Reasons to Purchase the Inductive Loop Vehicle Detector Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Inductive Loop Vehicle Detector Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Inductive Loop Vehicle Detector Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Inductive Loop Vehicle Detector Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Inductive Loop Vehicle Detector Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Inductive Loop Vehicle Detector Market Size & Forecast, 2018-2028 
      4.5.1 Inductive Loop Vehicle Detector Market Size and Y-o-Y Growth 
      4.5.2 Inductive Loop Vehicle Detector Market Absolute $ Opportunity 


Chapter 5 Global Inductive Loop Vehicle Detector Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Inductive Loop Vehicle Detector Market Size Forecast by Type
      5.2.1 Saw Cut Loop
      5.2.2 Performed Loop
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Inductive Loop Vehicle Detector Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Inductive Loop Vehicle Detector Market Size Forecast by Applications
      6.2.1 Traffic Management
      6.2.2 Parking Management
      6.2.3 Security Gates
      6.2.4 Drive-thru Restaurants
      6.2.5 Security Bollards
      6.2.6 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Inductive Loop Vehicle Detector Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Inductive Loop Vehicle Detector Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Inductive Loop Vehicle Detector Analysis and Forecast
   9.1 Introduction
   9.2 North America Inductive Loop Vehicle Detector Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Inductive Loop Vehicle Detector Market Size Forecast by Type
      9.6.1 Saw Cut Loop
      9.6.2 Performed Loop
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Inductive Loop Vehicle Detector Market Size Forecast by Applications
      9.10.1 Traffic Management
      9.10.2 Parking Management
      9.10.3 Security Gates
      9.10.4 Drive-thru Restaurants
      9.10.5 Security Bollards
      9.10.6 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Inductive Loop Vehicle Detector Analysis and Forecast
   10.1 Introduction
   10.2 Europe Inductive Loop Vehicle Detector Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Inductive Loop Vehicle Detector Market Size Forecast by Type
      10.6.1 Saw Cut Loop
      10.6.2 Performed Loop
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Inductive Loop Vehicle Detector Market Size Forecast by Applications
      10.10.1 Traffic Management
      10.10.2 Parking Management
      10.10.3 Security Gates
      10.10.4 Drive-thru Restaurants
      10.10.5 Security Bollards
      10.10.6 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Inductive Loop Vehicle Detector Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Inductive Loop Vehicle Detector Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Inductive Loop Vehicle Detector Market Size Forecast by Type
      11.6.1 Saw Cut Loop
      11.6.2 Performed Loop
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Inductive Loop Vehicle Detector Market Size Forecast by Applications
      11.10.1 Traffic Management
      11.10.2 Parking Management
      11.10.3 Security Gates
      11.10.4 Drive-thru Restaurants
      11.10.5 Security Bollards
      11.10.6 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Inductive Loop Vehicle Detector Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Inductive Loop Vehicle Detector Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Inductive Loop Vehicle Detector Market Size Forecast by Type
      12.6.1 Saw Cut Loop
      12.6.2 Performed Loop
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Inductive Loop Vehicle Detector Market Size Forecast by Applications
      12.10.1 Traffic Management
      12.10.2 Parking Management
      12.10.3 Security Gates
      12.10.4 Drive-thru Restaurants
      12.10.5 Security Bollards
      12.10.6 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Inductive Loop Vehicle Detector Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Inductive Loop Vehicle Detector Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Inductive Loop Vehicle Detector Market Size Forecast by Type
      13.6.1 Saw Cut Loop
      13.6.2 Performed Loop
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Inductive Loop Vehicle Detector Market Size Forecast by Applications
      13.10.1 Traffic Management
      13.10.2 Parking Management
      13.10.3 Security Gates
      13.10.4 Drive-thru Restaurants
      13.10.5 Security Bollards
      13.10.6 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Inductive Loop Vehicle Detector Market: Competitive Dashboard
   14.2 Global Inductive Loop Vehicle Detector Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Marsh Products
      14.3.2 Nortech Access Control Ltd
      14.3.3 SWARCO AG
      14.3.4 PROCON
      14.3.5 Reno A&E
      14.3.6 Gate Drive Solutions Ltd.
      14.3.7 Omnitec Group
      14.3.8 Gate Depot
      14.3.9 Diamond Traffic Products
      14.3.10 Ampetronic Ltd
Segments Covered in the Report
The global Inductive Loop Vehicle Detector market has been segmented based on

By Types
  • Saw Cut Loop
  • Performed Loop
By Applications
  • Traffic Management
  • Parking Management
  • Security Gates
  • Drive-thru Restaurants
  • Security Bollards
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Marsh Products
  • Nortech Access Control Ltd
  • SWARCO AG
  • PROCON
  • Reno A&E
  • Gate Drive Solutions Ltd.
  • Omnitec Group
  • Gate Depot
  • Diamond Traffic Products
  • Ampetronic Ltd

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