Global Traffic Lights Market 2017-2021

  • ID: 4027563
  • Report
  • Region: Global
  • 67 pages
  • TechNavio
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FEATURED COMPANIES

  • Aldridge Traffic Systems
  • Arcus Light
  • E2S Warning Signals
  • Envoys
  • North America Traffic
  • Pfannenberg
  • MORE
About Traffic Lights

Traffic lights are an important element of traffic safety management to maintain safety on road for pedestrians and drivers. Increasing accidents and fatalities have driven the growth of the traffic lights market, as traffic lights provide drivers control on road and improve the flow of traffic. Another factor that has driven the growth of the market is the improvement in traffic flow regulations by traffic safety organizations by constantly upgrading and maintaining them and creating various pedestrian facilities, extra street lighting, traffic signal modifications, and signage marking improvements.

The analysts forecast the global traffic lights market to grow at a CAGR of 6.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global traffic lights market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of traffic lights (portable traffic lights and traffic lamps) at the manufacturer level.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Traffic Lights Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Federal Signal
- Econolite
- SWARCO

Other prominent vendors
- Aldridge Traffic Systems
- Alphatronics
- Arcus Light
- D.G. Controls
- E2S Warning Signals
- Envoys
- Horizon Signal Technologies
- North America Traffic
- Peek Traffic Corporation
- Pfannenberg
- Trastar
- WERMA Signaltechnik
- Ver-Mac

Market drivers
- Improving traffic flow regulations
- For a full, detailed list, view the full report

Market challenges
- Issues with co-ordination of signal timings
- For a full, detailed list, view the full report

Market trends
- Accelerated adoption of LED traffic lights
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aldridge Traffic Systems
  • Arcus Light
  • E2S Warning Signals
  • Envoys
  • North America Traffic
  • Pfannenberg
  • MORE
Part 01: Executive summary

Part 02: Scope of the report
  • Market overview
  • Vendor segmentation
  • Common currency conversion rates
  • Top-vendor offerings
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction
  • Key market highlights
Part 05: Market landscape
  • Overview
  • Market size and forecast by revenue
  • Five forces analysis
Part 06: Market segmentation by product type
  • Overview
  • Global incandescent traffic lights market
  • Global LED traffic lights market
  • Segmentation summary
Part 07: Geographical segmentation
  • Overview
  • Traffic lights market in Americas
  • Traffic lights market in EMEA
  • Traffic lights market in APAC
  • Segmentation summary
Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape
  • Competitive scenario
  • Key vendor ranking
  • Emerging vendors
  • Other prominent vendors
Part 14: Key vendor analysis
  • Federal Signal
  • Econolite
  • SWARCO
Part 15: Appendix
  • List of abbreviations
Part 16: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Importance of traffic lights
Exhibit 03: Traffic lights: Modes of operation (fixed time vs vehicle actuation)
Exhibit 04: Global traffic lights market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global traffic lights market by product type
Exhibit 07: Global traffic lights market by product type 2016
Exhibit 08: Global traffic lights market by product type: CAGR 2016-2021
Exhibit 09: Global traffic lights market by product type 2021
Exhibit 10: Global traffic lights market for incandescent light 2016-2021 ($ millions)
Exhibit 11: Advantages of LED-based lights
Exhibit 12: Advantages of LED technology
Exhibit 13: Power consumption of LED vs incandescent traffic lights (Watts)
Exhibit 14: Global traffic lights market for LED light 2016-2021 ($ millions)
Exhibit 15: Global traffic lights market by product type 2016-2021 ($ millions)
Exhibit 16: Global traffic light market 2016
Exhibit 17: Global traffic lights market by geography: CAGR 2016-2021
Exhibit 18: Global traffic lights market 2021
Exhibit 19: Some major projects that are upcoming and ongoing in South America
Exhibit 20: Traffic lights market in Americas 2016-2021 ($ millions)
Exhibit 21: Key examples of road development activities in Africa
Exhibit 22: Traffic lights market in EMEA 2016-2021 ($ millions)
Exhibit 23: Road fatalities, injuries, and accidents in India 2014-2015
Exhibit 24: Traffic lights market in APAC 2016-2021 ($ millions)
Exhibit 25: Global traffic lights market by geography 2016-2021 ($ millions)
Exhibit 26: Increase in traffic deaths in four states of US 2014-2015
Exhibit 27: Number of fatalities in US roads by type of vehicle 2014-2015
Exhibit 28: Investments in transport infrastructure for top five countries 2015 ($ billions)
Exhibit 29: Impact on key customers
Exhibit 30: Benefits of optimized traffic light signaling
Exhibit 31: Examples of locations of traffic delays due to signal non-coordination
Exhibit 32: Drawbacks of non-coordinated traffic light signaling
Exhibit 33: Drawback of traffic lights during bad weather
Exhibit 34: Examples of rear-end collisions due to unnecessary installation at various locations
Exhibit 35: Impact of drivers and challenges
Exhibit 36: Advantages of LED-based traffic lights
Exhibit 37: Smart traffic lights and conventional traffic lights: CAGR 2016-2021
Exhibit 38: Vendors of portable traffic lights: Key examples
Exhibit 39: Advantages of portable traffic lights
Exhibit 40: Global traffic lights market: Key vendor ranking 2016
Exhibit 41: General Electric: Business segmentation 2016
Exhibit 42: Federal Signal: Business segmentation 2016
Exhibit 43: Econolite: Business segmentation 2016
Exhibit 44: SWARCO: Business segmentation 2016
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aldridge Traffic Systems
  • Arcus Light
  • E2S Warning Signals
  • Envoys
  • North America Traffic
  • Pfannenberg
  • MORE
New Report Released: - Global Traffic Lights Market 2017-2021

The author of the report recognizes the following companies as the key players in the global traffic lights market: Federal Signal, Econolite, and SWARCO.

Other Prominent Vendors in the market are: Aldridge Traffic Systems, Alphatronics, Arcus Light, D.G. Controls, E2S Warning Signals, Envoys, Horizon Signal Technologies, North America Traffic, Peek Traffic Corporation, Pfannenberg, Trastar, WERMA Signaltechnik, and Ver-Mac.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is accelerated adoption of LED traffic lights. Globally, conventional traffic lights use the incandescent source of light which, are cost efficient. However, these lights consume are not energy efficient and require regular maintenance. Therefore, manufacturers are focusing on the introduction of LED-based lights that are not only energy and cost efficient, but are also extremely durable compared with incandescent lights. LED is a rapidly growing technology in the light industry.”

According to the report, one of the major drivers for this market is improving traffic flow regulations. As roads remain the world's primary mode of transportation, improved traffic flow regulations are being considered for the economic development of countries. The safety of pedestrians and vehicle owners and efficient transportation are major factors impacting the growth of countries. Various road safety measures and solutions for improved traffic flow are studied and the incorporation of traffic lights is one such solution to avoid traffic congestion.

Further, the report states that one of the major factors hindering the growth of this market is issues with co-ordination of signal timings. Signal timing is a crucial factor for the safe and efficient functioning of traffic. Assessing and implementing appropriate signal timing helps improve traffic flow, reduces the waiting time, and saves fuel. To obtain optimum efficiency, traffic signals should be monitored regularly and signal timings should be reset based on traffic patterns, volume, and speed. Regularly optimized traffic light signaling systems benefit the population several ways.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Federal Signal
  • Econolite
  • SWARCO
  • Aldridge Traffic Systems
  • Alphatronics
  • Arcus Light
  • D.G. Controls
  • E2S Warning Signals
  • Envoys
  • Horizon Signal Technologies
  • North America Traffic
  • Peek Traffic Corporation
  • Pfannenberg
  • Trastar
  • WERMA Signaltechnik
  • Ver-Mac
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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