Traffic sign recognition systems can use detection techniques as simple as the ones in which the traffic signs are detected in an image format through an onboard road-facing camera and subsequently template-matched with all the traffic sign images stored in the repository. The systems can be further enhanced by sending the images for processing to the vehicle’s computer to segment the image from the background and recognize the sign based on color or shape using various advanced algorithm.
The report analyzes and presents an overview of Traffic Sign Recognition Systems market worldwide. Supported with 2 market data tables, the report provides global market estimates and projections for global Traffic Sign Recognition Systems market for Light Vehicles in euros and units for years 2012 through 2017, by region for European Union, USA, Japan, China, and Rest of the World. The report also provides a review of market trends, growth drivers, and strategic industry activities of major companies worldwide. In addition, 22 companies operating in the Traffic Sign Recognition Systems arena worldwide including Adam Opel AG, Autoliv Inc., Autoliv Inc., Continental AG, Delphi Automotive LLP, Denso Corp., Ford Motor Co. Ltd., and others are profiled.