According to a research report, on the traffic management market including a global forecast to 2026, published by Marketsandmarkets, this sector is predicted to grow from USD 35.3 billion in 2021 to USD 61.9 billion by 2026, at a CAGR of 11.9% during the forecast period.

The presence of various key players in the ecosystem has led to a competitive and diverse market say the analysts. The market includes a high growth rate for the adoption of eco friendly automobile technology and the introduction of MaaS in the market. A growing need for operational efficiency, and recent government mandates also plays a major role in the high growth rate of the market.

However, there are significant growth opportunities for traffic management vendors. The researchers found that small firms and start-ups are also marking their presence in the market by providing their offerings across the world, and that the traffic management industry is gradually adopting advanced technologies which integrate and coordinate the flow of traffic in various regions for the benefit of both vehicles and pedestrians, to reduce environmental impact and to increase the overall traffic efficiency.

In the traffic management market by solution, the route guidance and route optimisation segment is expected to record a higher growth rate over the forecast period. Traffic management solutions ensure that every traffic control centre becomes coupled with a subsystem, such as traffic light systems and other detection devices, to establish a proper integration of traffic control. The hardware and software systems are in conformity with international standards.

Incident detection and location systems hold the largest share

By system type, it is the incident detection and location systems field that is expected to hold the largest market size. This technology detects, verifies, and resolves incidents quickly, as video analysis is a well-established technology in the traffic management sector for traffic incident monitoring. The real-time camera images detect a variety of incidents; and thus, lives are saved. Video Incident Detection Systems (VIDS) consists of a network of cameras that automatically detect events and ensure appropriate responses. Traffic management systems assist in organising, managing, and coordinating traffic operations from a centralised information system.

European market is the strongest

Europe is expected to hold the largest market size in the global traffic management market during the forecast period. According to the analysts, this is because the European market has diverse business needs. Enterprises in this region have a strong technical expertise and analysts suggest that they also have bigger IT budgets. In addition, there are many traffic management vendors in this region, and so Europe is the largest regional market in terms of revenue. The UK is the most developed economy, contributing significantly to the growth of the traffic management market.

The key and emerging market players in the traffic management market as cited by the research and included in the report are companies such as, Cisco, Siemens, IBM, Thales, Kapsch Trafficcom, Flir Systems, Huawei, Chevron, Invarion, Sensys, Telegra, Citilog and Bercman.

A revamped G4S security solution at the chemical industry company Synthomer’s operational centre in the Czech Republic ensures that employees and valuable assets are protected from potential threats.

The Sokolov region in western Czech Republic, not far from the German border, is home to an operational centre for the British chemical industries company Synthomer, one of the world’s foremost suppliers of water based polymers. Synthomer’s polymers are used to manufacture many everyday products: from the medical gloves used by doctors and dentists, and the sound damping in cars, to the backing of carpets in the office.

As with any site where chemicals are stored and used, security is a top priority and the G4S team in the Czech Republic has recently revamped the entire security solution at the site to give the best protection to Synthomer’s staff, property and other important assets.

Risk-based approach

“G4S always takes a risk-based approach with our security solutions” explains Pavel Nerheš, G4S Project Development Manager in the Czech Republic. “We visit the site and carry out a thorough risk assessment, and then we design a tailored integrated security solution for our customer based on their unique risks and assets that they need to protect.”

There are a number of risks and threats to consider when preparing the security for a chemical site. “Strong measures to prevent unauthorised entry into the perimeter and to key buildings within the site were essential” said Pavel. “You have to consider the assets that are held on site that you do not want to fall into the wrong hands, such as important technology that is used in the chemical manufacturing process, as well as further restricting access to high hazard zones within the site.”

As part of the new integrated security solution, G4S redesigned the perimeter security for the site, which covers a large 4km2 area, with cameras with video analytic functionality and new IP speaker systems. The cameras automatically detect potential intruders and instantly send information to the on-site security operation centre where G4S mobile patrol officers, who are permanently on site with patrol vehicles, can quickly respond.

Protection

In any risk assessment for chemical sites the threats that have to be considered include terrorist attacks and organised crime attacks. “We have highly trained security officers located throughout the site, we’ve installed new mechanical barriers in key areas, and our new guest kiosks (Visitor Management System) at entrance sites ensure strict access control and recording of any vehicles and visitors.” said Pavel.

“This means that Synthomer can have confidence that we always know who is on site, and that we can quickly respond to any threats or incidents.”

G4S will also carry out annual risk assessments of the site and security solution for Synthomer to ensure that it remains as effective as possible in protecting the site and employees from evolving threats.

Milan Brejchal, Synthomer Site Manager, said: “Security is very important to us because of the high potential for security and safety risks at a site like ours. We would like to thank G4S for their professional approach. As a result of their expert risk assessments and installations the integrated security system on site optimises our current measures, mitigates risks and helps us to create a more secure environment for our employees.”

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Demand for brass and silver white accents has thrust mixed-metal palettes into the hospitality decor spotlight. With the new timeless combination of silver and gold as part of SALTO’s Ælement Fusion reader options, designers can form the basis of a whole door and building template or just one piece of a larger puzzle.

“There is high demand for silver and gold finishes and SALTO has incorporated them into our sleek and luxurious Ælement Fusion line to deliver a stunning, minimalist smart lock that complements any hotel decor,” said Aznar Sethna, CSMO SALTO Systems. “We continue to evaluate the landscape for emerging trends so that we can offer the latest and most aesthetically pleasing products available.”

As SALTO adds locks and finishes like the new Brass and Silver White Ælement Fusion reader option the MyLock Configurator is updated to reflect the absolute latest in SALTO electronic lock technology to help planners transform any room, in any unique hotel style, to deliver the best guest experience.

To plan the next electronic access control project, visit the SALTO MyLock Configurator or contact SALTO to help choose the smart locking solutions that best suit doors and preferences. SALTO experts are experienced in working with architects, builders, and owners to ensure any hospitality project vision becomes a reality.

A video analytics market report with Covid-19 impact, and including a global forecast to 2026 has been published by Marketsandmarkets, and the analysis expects this sector to grow at a CAGR of 20.4% during the forecast period, to reach USD 14.9 billion by 2026 from USD 5.9 billion in 2021.

There are a myriad of factors that the researchers expect to drive the growth of the market include increasing investments and focus of governing institutions on public safety, the need to utilise and examine unstructured video surveillance data in real time, a significant drop in crime rates due to surveillance cameras, a growing need among enterprises to leverage BI and actionable insights for advanced operations, limitation of manual video analysis, government initiatives in adopting emerging technologies to enhance the public safety infrastructure, reduced cost of video surveillance equipment and long term RoI and demand for enhanced video surveillance.

Strong growth in edge-based analytics

Based on the type, the market is segmented into two categories edge based and server based video analytics. It is the edge-based segment that is expected to grow at a higher CAGR during the forecast period. Edge-based video analytics evolves with the emergence of new powerful in-built chipsets in cameras that offer higher computational capabilities at the edge. Such systems inform operators on a wide range of real-time video or audio events requiring attention and providing more sophisticated analytics, such as queue management and heat maps that offer new opportunities for business and traffic intelligence.

Advancements in deep learning and its integration with the edge system are also expected to drive the adoption in the coming years. Deep learning takes ML to another level based on neural network principles that impersonate the complexity of the human brain. Earlier, the functionality was mainly available at server-side processes, which would require videos to be decompressed and processed. Edge-based devices need external inputs to learn from before proving as a useful tool to recognise known objects and behaviours.

On-premises vs cloud analytics
The video analytics market is segmented by deployment type into on-premises and cloud segment. The on-premises segment accounts for a higher share of the video analytics market during the forecast period according to the analysis. This approach is mostly adopted for applications that involve the processing of sensitive and confidential data volumes. These data volumes include internal and external surveillance footage and video feeds of business operations that contain confidential information and crucial insights. In the on-premises deployment, companies have to install the required hardware parts, such as OS, storage devices, servers, cameras, and routers, as well as video analytics software. Several large organisations are deploying on-premises video analytics due to privacy and security concerns related to confidential data.

Transportation and logistics strongest vertical
Transport and logistics is one of the fastest-growing verticals during the forecast period. Video surveillance has become an important part of the transportation and logistics vertical. The various benefits of video analytics for the transportation and logistics vertical are the elimination of overcrowding, behaviour analysis, enhanced safety measures, incident recording, and detection of blind spots. Video analytics can contribute to the enhancement and betterment of this vertical for commuters while providing improved safety benefits. The various features offered by video analytics, such as facial recognition, object tracking, unidentified object detection, cargo and train carriage recognition, and intelligent traffic monitoring, can help transportation and logistics companies prevent disasters and detect emerging threats, which may lead to infrastructure destruction or vehicle crashing, resulting in the loss of life.

Geographical spread
The video analytics market in the APAC countries is expected to witness exponential growth, mainly because of the rising awareness about the potential security threats to individuals, and the growing manufacturing industry. The rapid growth in mobile device manufacturing has considerably reduced the cost of camera components, thereby making it cheaper for SMEs and private individuals to install surveillance cameras. In addition, the rapid GDP growth in APAC countries has resulted in infrastructure modernisation projects, such as smart city projects and mass public transit systems, which have increased the demand for video analytics. The Yinchuan city in China, for example, is cited as one of the most advanced smart cities in APAC, with almost all infrastructure integrated into a unified system. Singapore is also moving toward the goal of becoming a smart nation, which would lead to an increased demand for efficient video analytics.

The video analytics report comprises many major providers, such as Avigilon, Axis Communications, Cisco, Honeywell, Agent Vi, Genetec, Intellivision, Hikvision, Dahua, Iomniscient, Huawei, Intelligent Security Systems, Verint, NEC, Briefcam, Bosch, Senstar, Qognify, and Ipsotek to name just a few of those included in the study.

Teledyne FLIR hosted elected officials, partners and employees to celebrate the completion of its newly upgraded facility in Elkridge, Maryland. The event featured remarks by U.S. Senator Ben Cardin and State Senator Guy Guzzone, among others, who praised the facility’s highly skilled workforce and Teledyne FLIR’s mission to develop technology that saves lives and livelihoods.

Guests were given a tour of the manufacturing floor and viewed demonstrations of the company’s advanced unmanned aerial and ground systems, including its Centaur and FirstLook robots, and SkyRaider and Black Hornet drones.

“I am proud that Maryland is home to innovative companies like Teledyne,” Senator Cardin said. “Teledyne’s cutting edge, life-saving research would not be possible without the highly skilled workforce available in Maryland. The dozens of new jobs created by this upgraded facility is a welcome investment in Elkridge and its surrounding communities.”

“Our ambitious Elkridge facility upgrade will add 150 new jobs and create a world class operation for the design, manufacture, and support of a wide variety of unmanned systems and integrated solutions,” said Teledyne FLIR Vice President and General Manager for the Unmanned Systems & Integrated Solutions business Roger Wells.

“We’re proud to be the leading provider of tactical ground robots to the U.S. military, and the infrastructure improvements made through this project will ensure that these critical systems are produced by our experienced team in Maryland,” Wells added.

Teledyne FLIR is investing more than $6 million in upgrades and future operational capacity. The 110,000 square foot Elkridge facility serves as a hub for the design and production of an array of unmanned air and ground platforms, surveillance and detection systems used by U.S. military and public safety agencies worldwide. The company has already hired 70 new full-time staff at its Elkridge operation since construction began and plans to add upwards of 80 more jobs in manufacturing, research and development, engineering, and design.