Global Traffic Safety Equipment Market 2017-2021

  • ID: 4225879
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • 3M
  • Ergodyne
  • Honeywell
  • RoadSafe Traffic Systems
  • SWARCO
  • The Cortina Companies
  • MORE
About Traffic Safety Equipment

Traffic safety equipment plays a crucial role in road safety management. It is essential to maintain safety on the roads for pedestrians, as well as drivers. Increasing accidents and fatalities are driving the demand for traffic safety equipment. Another factor driving this demand is the rise in transport infrastructure investment worldwide to improve the operational performance of road transport, including traffic management, vehicle tracking, and additional road networks. APAC will have the largest transport infrastructure market with an investment increasing from $500 billion per year to nearly $850 billion per year by 2025.

The analysts forecast the global traffic safety equipment market to grow at a CAGR of 6.60% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global traffic safety equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of traffic safety equipment.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Traffic Safety Equipment 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
- 3M
- Ergodyne
- Honeywell

Other prominent vendors
- Emedco
- Evelux USA
- MCR Safety
- Pexco Davidson Traffic Control Products
- Roadtech Manufacturing
- RoadSafe Traffic Systems
- SWARCO
- Tamis Corporation
- The Cortina Companies
- TrafFix Devices

Market drivers
- Increasing road accidents
- For a full, detailed list, view the full report

Market challenges
- Negative impact of weather on traffic safety products
- For a full, detailed list, view the full report

Market trends
- Introduction of technologically advanced safety vests
- 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?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • Ergodyne
  • Honeywell
  • RoadSafe Traffic Systems
  • SWARCO
  • The Cortina Companies
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Global traffic safety equipment market by product
  • Global traffic safety equipment market by traffic vests and rainwear
  • Global traffic safety equipment market by others
  • Global traffic safety equipment market by tube delineators
  • Global traffic safety equipment market by traffic cones
  • Global traffic safety equipment market by traffic barricades
PART 07: Market segmentation by end-user
  • Global traffic safety equipment market by end-user
  • Global traffic safety equipment market for municipal end-users
  • Global traffic safety equipment market for industrial and commercial end-users
PART 08: Geographical segmentation
  • Global traffic safety equipment market by geography
  • Traffic safety equipment market in Americas
  • Traffic safety equipment market in EMEA
  • Traffic safety equipment market in APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 11: Market trends
  • Provision of eco-friendly traffic safety products
  • Introduction of technologically advanced safety vests
  • Increasing number vehicles on the road
PART 12: Vendor landscape
  • Competitive scenario
  • Key vendor ranking
  • Other prominent vendors
PART 13: Key vendor analysis
  • 3M
  • Ergodyne
  • Honeywell
PART 14: Appendix
List of abbreviations
Exhibit 01: Basic functions of traffic safety equipment
Exhibit 02: Basic traffic safety equipment and their functions
Exhibit 03: Global traffic safety equipment market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global traffic safety equipment market by product type
Exhibit 06: Global traffic safety equipment market by product type 2016
Exhibit 07: Global traffic safety equipment market by product type CAGR 2016-2021
Exhibit 08: Global traffic safety equipment market by product type 2021
Exhibit 09: Global traffic safety equipment market by traffic vests and rainwear 2016-2021 ($ millions)
Exhibit 10: Global traffic safety equipment market by others 2016-2021 ($ millions)
Exhibit 11: Global traffic safety equipment market by tube delineators 2016-2021 ($ millions)
Exhibit 12: Global traffic safety equipment market by traffic cones 2016-2021 ($ millions)
Exhibit 13: Global traffic safety equipment market by traffic barricades 2016-2021 ($ millions)
Exhibit 14: Global traffic safety equipment market by end-user
Exhibit 15: Global traffic safety equipment market by end-user CAGR 2016-2021
Exhibit 16: Global traffic safety equipment market by end-user 2021
Exhibit 17: Construction of highways in India: 2012-2013 versus 2015-2016 (miles)
Exhibit 18: Global traffic safety equipment market for municipal end-users 2016-2021 ($ millions)
Exhibit 19: Global traffic safety equipment market for industrial and commercial end-users 2016-2021 ($ millions)
Exhibit 20: Global traffic safety equipment market by geography 2016
Exhibit 21: Global traffic safety equipment market by geography CAGR 2016-2021
Exhibit 22: Global traffic safety equipment market by geography 2021
Exhibit 23: Metro areas with longest average commute time in US 2016
Exhibit 24: Traffic safety equipment market in Americas 2016-2021 ($ millions)
Exhibit 25: Road development in African countries
Exhibit 26: Traffic safety equipment market in EMEA 2016-2021 ($ millions)
Exhibit 27: Impact of fatalities, accidents, and injuries in APAC 2014 and 2015
Exhibit 28: Traffic safety equipment market in APAC 2016-2021 ($ millions)
Exhibit 29: Increase in fatalities on US roads by type of vehicle 2014-2015 (%)
Exhibit 30: Investment in transport PPI for top five countries 2015 ($ billions)
Exhibit 31: Impact of drivers
Exhibit 32: Disadvantages of traffic safety equipment during poor weather conditions
Exhibit 33: Number of road accidents in India 2014-2015 (thousands)
Exhibit 34: Benefits of recycled materials in production of traffic safety equipment
Exhibit 35: Vehicle traffic estimates in England in 2014 and 2015 (vehicle miles in billions)
Exhibit 36: Change in number of registered vehicles in US 2013-2016 (%)
Exhibit 37: Global traffic safety equipment market: Key vendor ranking 2016
Exhibit 38:M: Business segmentation 2016
Exhibit 39: Ergodyne: Product segmentation 2016
Exhibit 40: Honeywell: Business segmentation
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • Ergodyne
  • Honeywell
  • RoadSafe Traffic Systems
  • SWARCO
  • The Cortina Companies
  • MORE
New Report Released: – Global Traffic Safety Equipment Market 2017-2021

The author of the report recognizes the following companies as the key players in the global traffic safety equipment market: 3M, Ergodyne, and Honeywell

Other Prominent Vendors in the market are: Emedco, Evelux USA, MCR Safety, Pexco Davidson Traffic Control Products, Roadtech Manufacturing, RoadSafe Traffic Systems, SWARCO, Tamis Corporation, The Cortina Companies, and TrafFix Devices

Commenting on the report, an analyst from the research team said: “Vendors in the market are focusing on providing environment-friendly traffic safety products, such as eco-friendly traffic cones and speed limits. They are using recycled materials for manufacturing these products. For instance, recycled rubber from tires is used for manufacturing these products. Waste tires are one of largest sources of landfills. Thus, using them for manufacturing traffic safety products not only helps to reduce waste but also increases the cost efficiency for the manufacturers. Another advantage of using eco-friendly traffic safety products is their durability. Tires from vehicles are made from strong rubber materials that are designed to last longer.”

According to the report, most incidences of road crashes occur due to human error, such as speed, drink and drive, and non-compliance with traffic and driving rules. With the rising number of vehicles on the road, accidents, injuries, and fatalities have increased over time. Every year, on an average 1.5 million people die because of road traffic crashes. Of this figure, around 50% of the people are vulnerable road users, such as pedestrians and motorcyclists. These road accidents have impacted the traffic safety equipment market as installing traffic cones, delineators, channelizers, and barriers at proper locations can reduce the chances of over-speeding, as well as the severity of injuries. Therefore, traffic engineers and manufacturers are increasing the visibility of traffic safety products by using retroflected borders and tapes. This can increase visibility during the night and enhance safety on the road. Road crashes often occur at intersections because these locations are more prone to crossing over and turning left and right. Therefore, installing traffic mirrors at these intersections can control accidents by providing an enlarged view of vehicles coming from the opposite direction.

Further, the report states that traffic congestion is one of the major problems in almost every densely-populated city. It leads to road rage, accidents, and affects the environment with pollution emitted from idling engines. Installing traffic safety products at appropriate locations can significantly improve traffic flow and safety. However, change in weather conditions have a negative impact on these products and can cause fading of colors, poor visibility, changed position due to heavy winds, accumulation of snow, and low visibility during foggy days. These weather conditions can lead to accidents or slow movement of vehicles resulting in congestion. Thus, there is a need for traffic safety products that are suitable for any type of environment.

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.
Note: Product cover images may vary from those shown
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  • 3M
  • Ergodyne
  • Honeywell
  • Emedco
  • Evelux USA
  • MCR Safety
  • Pexco Davidson Traffic Control Products
  • Roadtech Manufacturing
  • RoadSafe Traffic Systems
  • SWARCO
  • Tamis Corporation
  • The Cortina Companies
  • TrafFix Devices
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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