

A Transit Signal Priority (TSP) system is a technology used to give priority to public transportation vehicles, such as buses or light rail, at traffic signals. The system uses various detection methods to identify the approaching transit vehicle and adjust the traffic signal timing to extend the green light or shorten the red light, allowing the transit vehicle to pass through the intersection more efficiently. This helps to improve the reliability and efficiency of public transportation systems.
The global Transit Signal Priority (TSP) System market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
The “Transit Signal Priority (TSP) System Industry Forecast” looks at past sales and reviews total world Transit Signal Priority (TSP) System sales in 2022, providing a comprehensive analysis by region and market sector of projected Transit Signal Priority (TSP) System sales for 2023 through 2029. With Transit Signal Priority (TSP) System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transit Signal Priority (TSP) System industry.
This Insight Report provides a comprehensive analysis of the global Transit Signal Priority (TSP) System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Transit Signal Priority (TSP) System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Transit Signal Priority (TSP) System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transit Signal Priority (TSP) System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Transit Signal Priority (TSP) System.
United States market for Transit Signal Priority (TSP) System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Transit Signal Priority (TSP) System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Transit Signal Priority (TSP) System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Transit Signal Priority (TSP) System players cover Miovision, LYT, Monotch, EMTRAC, Kimley-Horn, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Transit Signal Priority (TSP) System market by product type, application, key players and key regions and countries.
Segmentation by Type:
Hardware
Software
Segmentation by Application:
Municipal Transport
Motorway
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Hardware
Software
Segmentation by Application:
Municipal Transport
Motorway
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Miovision
LYT
Monotch
EMTRAC
Kimley-Horn
Commsignia
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Transit Signal Priority (TSP) System Market Size 2019-2030
2.1.2 Transit Signal Priority (TSP) System Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Transit Signal Priority (TSP) System by Country/Region, 2019, 2023 & 2030
2.2 Transit Signal Priority (TSP) System Segment by Type
2.2.1 Hardware
2.2.2 Software
2.3 Transit Signal Priority (TSP) System Market Size by Type
2.3.1 Transit Signal Priority (TSP) System Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Transit Signal Priority (TSP) System Market Size Market Share by Type (2019-2024)
2.4 Transit Signal Priority (TSP) System Segment by Application
2.4.1 Municipal Transport
2.4.2 Motorway
2.4.3 Others
2.5 Transit Signal Priority (TSP) System Market Size by Application
2.5.1 Transit Signal Priority (TSP) System Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Transit Signal Priority (TSP) System Market Size Market Share by Application (2019-2024)
3 Transit Signal Priority (TSP) System Market Size by Player
3.1 Transit Signal Priority (TSP) System Market Size Market Share by Player
3.1.1 Global Transit Signal Priority (TSP) System Revenue by Player (2019-2024)
3.1.2 Global Transit Signal Priority (TSP) System Revenue Market Share by Player (2019-2024)
3.2 Global Transit Signal Priority (TSP) System Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Transit Signal Priority (TSP) System by Region
4.1 Transit Signal Priority (TSP) System Market Size by Region (2019-2024)
4.2 Global Transit Signal Priority (TSP) System Annual Revenue by Country/Region (2019-2024)
4.3 Americas Transit Signal Priority (TSP) System Market Size Growth (2019-2024)
4.4 APAC Transit Signal Priority (TSP) System Market Size Growth (2019-2024)
4.5 Europe Transit Signal Priority (TSP) System Market Size Growth (2019-2024)
4.6 Middle East & Africa Transit Signal Priority (TSP) System Market Size Growth (2019-2024)
5 Americas
5.1 Americas Transit Signal Priority (TSP) System Market Size by Country (2019-2024)
5.2 Americas Transit Signal Priority (TSP) System Market Size by Type (2019-2024)
5.3 Americas Transit Signal Priority (TSP) System Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Transit Signal Priority (TSP) System Market Size by Region (2019-2024)
6.2 APAC Transit Signal Priority (TSP) System Market Size by Type (2019-2024)
6.3 APAC Transit Signal Priority (TSP) System Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Transit Signal Priority (TSP) System Market Size by Country (2019-2024)
7.2 Europe Transit Signal Priority (TSP) System Market Size by Type (2019-2024)
7.3 Europe Transit Signal Priority (TSP) System Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Transit Signal Priority (TSP) System by Region (2019-2024)
8.2 Middle East & Africa Transit Signal Priority (TSP) System Market Size by Type (2019-2024)
8.3 Middle East & Africa Transit Signal Priority (TSP) System Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Transit Signal Priority (TSP) System Market Forecast
10.1 Global Transit Signal Priority (TSP) System Forecast by Region (2025-2030)
10.1.1 Global Transit Signal Priority (TSP) System Forecast by Region (2025-2030)
10.1.2 Americas Transit Signal Priority (TSP) System Forecast
10.1.3 APAC Transit Signal Priority (TSP) System Forecast
10.1.4 Europe Transit Signal Priority (TSP) System Forecast
10.1.5 Middle East & Africa Transit Signal Priority (TSP) System Forecast
10.2 Americas Transit Signal Priority (TSP) System Forecast by Country (2025-2030)
10.2.1 United States Market Transit Signal Priority (TSP) System Forecast
10.2.2 Canada Market Transit Signal Priority (TSP) System Forecast
10.2.3 Mexico Market Transit Signal Priority (TSP) System Forecast
10.2.4 Brazil Market Transit Signal Priority (TSP) System Forecast
10.3 APAC Transit Signal Priority (TSP) System Forecast by Region (2025-2030)
10.3.1 China Transit Signal Priority (TSP) System Market Forecast
10.3.2 Japan Market Transit Signal Priority (TSP) System Forecast
10.3.3 Korea Market Transit Signal Priority (TSP) System Forecast
10.3.4 Southeast Asia Market Transit Signal Priority (TSP) System Forecast
10.3.5 India Market Transit Signal Priority (TSP) System Forecast
10.3.6 Australia Market Transit Signal Priority (TSP) System Forecast
10.4 Europe Transit Signal Priority (TSP) System Forecast by Country (2025-2030)
10.4.1 Germany Market Transit Signal Priority (TSP) System Forecast
10.4.2 France Market Transit Signal Priority (TSP) System Forecast
10.4.3 UK Market Transit Signal Priority (TSP) System Forecast
10.4.4 Italy Market Transit Signal Priority (TSP) System Forecast
10.4.5 Russia Market Transit Signal Priority (TSP) System Forecast
10.5 Middle East & Africa Transit Signal Priority (TSP) System Forecast by Region (2025-2030)
10.5.1 Egypt Market Transit Signal Priority (TSP) System Forecast
10.5.2 South Africa Market Transit Signal Priority (TSP) System Forecast
10.5.3 Israel Market Transit Signal Priority (TSP) System Forecast
10.5.4 Turkey Market Transit Signal Priority (TSP) System Forecast
10.6 Global Transit Signal Priority (TSP) System Forecast by Type (2025-2030)
10.7 Global Transit Signal Priority (TSP) System Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Transit Signal Priority (TSP) System Forecast
11 Key Players Analysis
11.1 Miovision
11.1.1 Miovision Company Information
11.1.2 Miovision Transit Signal Priority (TSP) System Product Offered
11.1.3 Miovision Transit Signal Priority (TSP) System Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Miovision Main Business Overview
11.1.5 Miovision Latest Developments
11.2 LYT
11.2.1 LYT Company Information
11.2.2 LYT Transit Signal Priority (TSP) System Product Offered
11.2.3 LYT Transit Signal Priority (TSP) System Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 LYT Main Business Overview
11.2.5 LYT Latest Developments
11.3 Monotch
11.3.1 Monotch Company Information
11.3.2 Monotch Transit Signal Priority (TSP) System Product Offered
11.3.3 Monotch Transit Signal Priority (TSP) System Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Monotch Main Business Overview
11.3.5 Monotch Latest Developments
11.4 EMTRAC
11.4.1 EMTRAC Company Information
11.4.2 EMTRAC Transit Signal Priority (TSP) System Product Offered
11.4.3 EMTRAC Transit Signal Priority (TSP) System Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 EMTRAC Main Business Overview
11.4.5 EMTRAC Latest Developments
11.5 Kimley-Horn
11.5.1 Kimley-Horn Company Information
11.5.2 Kimley-Horn Transit Signal Priority (TSP) System Product Offered
11.5.3 Kimley-Horn Transit Signal Priority (TSP) System Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Kimley-Horn Main Business Overview
11.5.5 Kimley-Horn Latest Developments
11.6 Commsignia
11.6.1 Commsignia Company Information
11.6.2 Commsignia Transit Signal Priority (TSP) System Product Offered
11.6.3 Commsignia Transit Signal Priority (TSP) System Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Commsignia Main Business Overview
11.6.5 Commsignia Latest Developments
12 Research Findings and Conclusion
*If Applicable.