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FEATURED COMPANIES
- 3M Co.
- Avery Dennison Corp.
- Brady Worldwide Inc.
- Lindsay Corp.
- SWARCO AG
- Traffic Technologies Ltd.
- MORE
Global Traffic Safety Products Market: About this market
The traffic safety products market analysis considers sales from traffic vests and rainwear, tube delineators, traffic cones, traffic barricades, and other products. Our analysis also considers the sales of traffic safety products in APAC, Europe, North America, South America, and MEA. In 2018, the traffic vests and rainwear market segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the rising number of road construction and expansion activities and increasing number of road safety programs and associated policies will play a significant role in traffic vests and rainwear market segment to maintain its market position. Also, our global traffic safety products market report looks at factors such as increasing focus on the development of road infrastructure, rising number of road accidents, and increasing investments in the construction of industrial and commercial areas. However, lack of awareness about road safety, volatility in raw material prices, and concerns related to environment protection and recycling may hamper the growth of the traffic safety products industry over the forecast period.
Global Traffic Safety Products Market: Overview
The rising number of road accidents
The incidence of road accidents is increasing, especially in low and middle-income countries where road safety monitoring frameworks are still being implemented. Hence, several countries are adopting efficient safety practices including the use of road safety equipment such as traffic cones, delineators road signs channelizers, and barriers at proper locations to provide proper guidance to drivers which will minimize the number of traffic fatalities and injuries. This will lead to the expansion of the global traffic safety products market at a CAGR of over 6% during the forecast period.
Technological advances in traffic safety products
The manufacturers of traffic safety products are focusing on the integration of advanced technologies to enhance the safety of workers in road work zones. The integration of LED lights into vests, rainwear, cones, and barricades has enhanced the visibility of traffic safety products. For instance, VisionVest LLC developed a new traffic vest that features LED lighting, a phone-charging facility, and GPS location-tracking devices. Integrating such features into safety vests helps in enhancing the safety and efficiency of workers. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global traffic safety products market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading traffic safety products manufacturers, that include 3M Co., Avery Dennison Corp., Brady Worldwide Inc., Honeywell International Inc., Lindsay Corp., RoadSafe Traffic Systems Inc., Shenzhen Luming Traffic Equipment Co. Ltd., SWARCO AG, Traffic Technologies Ltd., and Valmont Industries Inc.
Also, the traffic safety products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The traffic safety products market analysis considers sales from traffic vests and rainwear, tube delineators, traffic cones, traffic barricades, and other products. Our analysis also considers the sales of traffic safety products in APAC, Europe, North America, South America, and MEA. In 2018, the traffic vests and rainwear market segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the rising number of road construction and expansion activities and increasing number of road safety programs and associated policies will play a significant role in traffic vests and rainwear market segment to maintain its market position. Also, our global traffic safety products market report looks at factors such as increasing focus on the development of road infrastructure, rising number of road accidents, and increasing investments in the construction of industrial and commercial areas. However, lack of awareness about road safety, volatility in raw material prices, and concerns related to environment protection and recycling may hamper the growth of the traffic safety products industry over the forecast period.
Global Traffic Safety Products Market: Overview
The rising number of road accidents
The incidence of road accidents is increasing, especially in low and middle-income countries where road safety monitoring frameworks are still being implemented. Hence, several countries are adopting efficient safety practices including the use of road safety equipment such as traffic cones, delineators road signs channelizers, and barriers at proper locations to provide proper guidance to drivers which will minimize the number of traffic fatalities and injuries. This will lead to the expansion of the global traffic safety products market at a CAGR of over 6% during the forecast period.
Technological advances in traffic safety products
The manufacturers of traffic safety products are focusing on the integration of advanced technologies to enhance the safety of workers in road work zones. The integration of LED lights into vests, rainwear, cones, and barricades has enhanced the visibility of traffic safety products. For instance, VisionVest LLC developed a new traffic vest that features LED lighting, a phone-charging facility, and GPS location-tracking devices. Integrating such features into safety vests helps in enhancing the safety and efficiency of workers. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global traffic safety products market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading traffic safety products manufacturers, that include 3M Co., Avery Dennison Corp., Brady Worldwide Inc., Honeywell International Inc., Lindsay Corp., RoadSafe Traffic Systems Inc., Shenzhen Luming Traffic Equipment Co. Ltd., SWARCO AG, Traffic Technologies Ltd., and Valmont Industries Inc.
Also, the traffic safety products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
2 of 4
FEATURED COMPANIES
- 3M Co.
- Avery Dennison Corp.
- Brady Worldwide Inc.
- Lindsay Corp.
- SWARCO AG
- Traffic Technologies Ltd.
- MORE
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 11: DRIVERS AND CHALLENGES
Exhibit 01: Prominent vendors and product offerings
Exhibit 02: Global safety equipment market
Exhibit 03: Segments of global safety equipment market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Product - Market share 2018-2023 (%)
Exhibit 19: Comparison by product
Exhibit 20: Traffic vests and rainwear - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Traffic vests and rainwear - Year-over-year growth 2019-2023 (%)
Exhibit 22: Tube delineators - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Tube delineators - Year-over-year growth 2019-2023 (%)
Exhibit 24: Traffic cones - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Traffic cones - Year-over-year growth 2019-2023 (%)
Exhibit 26: Traffic barricades - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Traffic barricades - Year-over-year growth 2019-2023 (%)
Exhibit 28: Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: Others - Year-over-year growth 2019-2023 (%)
Exhibit 30: Market opportunity by product
Exhibit 31: End-user - Market share 2018-2023 (%)
Exhibit 32: Comparison by end-user
Exhibit 33: Municipal - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: Municipal - Year-over-year growth 2019-2023 (%)
Exhibit 35: Industrial and commercial - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: Industrial and commercial - Year-over-year growth 2019-2023 (%)
Exhibit 37: Market opportunity by end-user
Exhibit 38: Customer landscape
Exhibit 39: Market share by geography 2018-2023 (%)
Exhibit 40: Geographic comparison
Exhibit 41: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 42: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 43: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 44: North America - Year-over-year growth 2019-2023 (%)
Exhibit 45: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 46: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 47: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 48: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 49: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 50: South America - Year-over-year growth 2019-2023 (%)
Exhibit 51: Key leading countries
Exhibit 52: Market opportunity
Exhibit 53: Annual increase in road accidents in US (2014-2016)
Exhibit 54: Fluctuations in PVC price in India (March 2019-August 2019)
Exhibit 55: Impact of drivers and challenges
Exhibit 56: Vendor landscape
Exhibit 57: Landscape disruption
Exhibit 58: Vendors covered
Exhibit 59: Vendor classification
Exhibit 60: Market positioning of vendors
Exhibit 61: M Co. - Vendor overview
Exhibit 62: M Co. - Business segments
Exhibit 63: M Co. - Organizational developments
Exhibit 64: M Co. - Geographic focus
Exhibit 65: M Co. - Segment focus
Exhibit 66: M Co. - Key offerings
Exhibit 67: Avery Dennison Corp. - Vendor overview
Exhibit 68: Avery Dennison Corp. - Business segments
Exhibit 69: Avery Dennison Corp. - Organizational developments
Exhibit 70: Avery Dennison Corp. - Geographic focus
Exhibit 71: Avery Dennison Corp. - Segment focus
Exhibit 72: Avery Dennison Corp. - Key offerings
Exhibit 73: Brady Worldwide Inc. - Vendor overview
Exhibit 74: Brady Worldwide Inc. - Product segments
Exhibit 75: Brady Worldwide Inc. - Organizational developments
Exhibit 76: Brady Worldwide Inc. - Geographic focus
Exhibit 77: Brady Worldwide Inc. - Segment focus
Exhibit 78: Brady Worldwide Inc. - Key offerings
Exhibit 79: Honeywell International Inc. - Vendor overview
Exhibit 80: Honeywell International Inc. - Business segments
Exhibit 81: Honeywell International Inc. - Organizational developments
Exhibit 82: Honeywell International Inc. - Geographic focus
Exhibit 83: Honeywell International Inc. - Segment focus
Exhibit 84: Honeywell International Inc. - Key offerings
Exhibit 85: Lindsay Corp. - Vendor overview
Exhibit 86: Lindsay Corp. - Business segments
Exhibit 87: Lindsay Corp. - Organizational developments
Exhibit 88: Lindsay Corp. - Geographic focus
Exhibit 89: Lindsay Corp. - Segment focus
Exhibit 90: Lindsay Corp. - Key offerings
Exhibit 91: RoadSafe Traffic Systems Inc. - Vendor overview
Exhibit 92: RoadSafe Traffic Systems Inc. - Key offerings
Exhibit 93: Shenzhen Luming Traffic Equipment Co. Ltd. - Vendor overview
Exhibit 94: Shenzhen Luming Traffic Equipment Co. Ltd. - Key offerings
Exhibit 95: SWARCO AG - Vendor overview
Exhibit 96: SWARCO AG - Organizational developments
Exhibit 97: SWARCO AG - Key offerings
Exhibit 98: Traffic Technologies Ltd. - Vendor overview
Exhibit 99: Traffic Technologies Ltd. - Organizational developments
Exhibit 100: Traffic Technologies Ltd. - Geographic focus
Exhibit 101: Traffic Technologies Ltd. - Key offerings
Exhibit 102: Valmont Industries Inc. - Vendor overview
Exhibit 103: Valmont Industries Inc. - Business segments
Exhibit 104: Valmont Industries Inc. - Organizational developments
Exhibit 105: Valmont Industries Inc. - Geographic focus
Exhibit 106: Valmont Industries Inc. - Segment focus
Exhibit 107: Valmont Industries Inc. - Key offerings
Exhibit 108: Validation techniques employed for market sizing
Exhibit 109: Definition of market positioning of vendors
PART 02: SCOPE OF THE REPORT
- Preface
- Currency conversion rates for US$
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Market segmentation by product
- Comparison by product
- Traffic vests and rainwear - Market size and forecast 2018-2023
- Tube delineators - Market size and forecast 2018-2023
- Traffic cones - Market size and forecast 2018-2023
- Traffic barricades - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by product
- Market segmentation by end-user
- Comparison by end-user
- Municipal - Market size and forecast 2018-2023
- Industrial and commercial - Market size and forecast 2018-2023
- Market opportunity by end-user
- PART 08: CUSTOMER LANDSCAPE
- PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
- Development of traffic safety products made of ecofriendly and recycled materials
- Automation in traffic safety products
- Technological advances in traffic safety products
- Overview
- Landscape disruption
- Competitive scenario
- Vendors covered
- Vendor classification
- Market positioning of vendors
- 3M Co.
- Avery Dennison Corp.
- Brady Worldwide Inc.
- Honeywell International Inc.
- Lindsay Corp.
- RoadSafe Traffic Systems Inc.
- Shenzhen Luming Traffic Equipment Co. Ltd.
- SWARCO AG
- Traffic Technologies Ltd.
- Valmont Industries Inc.
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
Exhibit 01: Prominent vendors and product offerings
Exhibit 02: Global safety equipment market
Exhibit 03: Segments of global safety equipment market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Product - Market share 2018-2023 (%)
Exhibit 19: Comparison by product
Exhibit 20: Traffic vests and rainwear - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Traffic vests and rainwear - Year-over-year growth 2019-2023 (%)
Exhibit 22: Tube delineators - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Tube delineators - Year-over-year growth 2019-2023 (%)
Exhibit 24: Traffic cones - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Traffic cones - Year-over-year growth 2019-2023 (%)
Exhibit 26: Traffic barricades - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Traffic barricades - Year-over-year growth 2019-2023 (%)
Exhibit 28: Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: Others - Year-over-year growth 2019-2023 (%)
Exhibit 30: Market opportunity by product
Exhibit 31: End-user - Market share 2018-2023 (%)
Exhibit 32: Comparison by end-user
Exhibit 33: Municipal - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: Municipal - Year-over-year growth 2019-2023 (%)
Exhibit 35: Industrial and commercial - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: Industrial and commercial - Year-over-year growth 2019-2023 (%)
Exhibit 37: Market opportunity by end-user
Exhibit 38: Customer landscape
Exhibit 39: Market share by geography 2018-2023 (%)
Exhibit 40: Geographic comparison
Exhibit 41: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 42: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 43: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 44: North America - Year-over-year growth 2019-2023 (%)
Exhibit 45: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 46: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 47: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 48: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 49: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 50: South America - Year-over-year growth 2019-2023 (%)
Exhibit 51: Key leading countries
Exhibit 52: Market opportunity
Exhibit 53: Annual increase in road accidents in US (2014-2016)
Exhibit 54: Fluctuations in PVC price in India (March 2019-August 2019)
Exhibit 55: Impact of drivers and challenges
Exhibit 56: Vendor landscape
Exhibit 57: Landscape disruption
Exhibit 58: Vendors covered
Exhibit 59: Vendor classification
Exhibit 60: Market positioning of vendors
Exhibit 61: M Co. - Vendor overview
Exhibit 62: M Co. - Business segments
Exhibit 63: M Co. - Organizational developments
Exhibit 64: M Co. - Geographic focus
Exhibit 65: M Co. - Segment focus
Exhibit 66: M Co. - Key offerings
Exhibit 67: Avery Dennison Corp. - Vendor overview
Exhibit 68: Avery Dennison Corp. - Business segments
Exhibit 69: Avery Dennison Corp. - Organizational developments
Exhibit 70: Avery Dennison Corp. - Geographic focus
Exhibit 71: Avery Dennison Corp. - Segment focus
Exhibit 72: Avery Dennison Corp. - Key offerings
Exhibit 73: Brady Worldwide Inc. - Vendor overview
Exhibit 74: Brady Worldwide Inc. - Product segments
Exhibit 75: Brady Worldwide Inc. - Organizational developments
Exhibit 76: Brady Worldwide Inc. - Geographic focus
Exhibit 77: Brady Worldwide Inc. - Segment focus
Exhibit 78: Brady Worldwide Inc. - Key offerings
Exhibit 79: Honeywell International Inc. - Vendor overview
Exhibit 80: Honeywell International Inc. - Business segments
Exhibit 81: Honeywell International Inc. - Organizational developments
Exhibit 82: Honeywell International Inc. - Geographic focus
Exhibit 83: Honeywell International Inc. - Segment focus
Exhibit 84: Honeywell International Inc. - Key offerings
Exhibit 85: Lindsay Corp. - Vendor overview
Exhibit 86: Lindsay Corp. - Business segments
Exhibit 87: Lindsay Corp. - Organizational developments
Exhibit 88: Lindsay Corp. - Geographic focus
Exhibit 89: Lindsay Corp. - Segment focus
Exhibit 90: Lindsay Corp. - Key offerings
Exhibit 91: RoadSafe Traffic Systems Inc. - Vendor overview
Exhibit 92: RoadSafe Traffic Systems Inc. - Key offerings
Exhibit 93: Shenzhen Luming Traffic Equipment Co. Ltd. - Vendor overview
Exhibit 94: Shenzhen Luming Traffic Equipment Co. Ltd. - Key offerings
Exhibit 95: SWARCO AG - Vendor overview
Exhibit 96: SWARCO AG - Organizational developments
Exhibit 97: SWARCO AG - Key offerings
Exhibit 98: Traffic Technologies Ltd. - Vendor overview
Exhibit 99: Traffic Technologies Ltd. - Organizational developments
Exhibit 100: Traffic Technologies Ltd. - Geographic focus
Exhibit 101: Traffic Technologies Ltd. - Key offerings
Exhibit 102: Valmont Industries Inc. - Vendor overview
Exhibit 103: Valmont Industries Inc. - Business segments
Exhibit 104: Valmont Industries Inc. - Organizational developments
Exhibit 105: Valmont Industries Inc. - Geographic focus
Exhibit 106: Valmont Industries Inc. - Segment focus
Exhibit 107: Valmont Industries Inc. - Key offerings
Exhibit 108: Validation techniques employed for market sizing
Exhibit 109: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES
- 3M Co.
- Avery Dennison Corp.
- Brady Worldwide Inc.
- Lindsay Corp.
- SWARCO AG
- Traffic Technologies Ltd.
- MORE
The following companies are recognised as the key players in the global traffic safety products market: 3M Co., Avery Dennison Corp., Brady Worldwide Inc., Honeywell International Inc., Lindsay Corp., RoadSafe Traffic Systems Inc., Shenzhen Luming Traffic Equipment Co. Ltd., SWARCO AG, Traffic Technologies Ltd., and Valmont Industries Inc.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the technological advances in traffic safety products.”
According to the report, one of the major drivers for this market is the rising number of road accidents.
Further, the report states that one of the major factors hindering the growth of this market is the lack of awareness about road safety.
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.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the technological advances in traffic safety products.”
According to the report, one of the major drivers for this market is the rising number of road accidents.
Further, the report states that one of the major factors hindering the growth of this market is the lack of awareness about road safety.
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 Co.
- Avery Dennison Corp.
- Brady Worldwide Inc.
- Honeywell International Inc.
- Lindsay Corp.
- RoadSafe Traffic Systems Inc.
- Shenzhen Luming Traffic Equipment Co. Ltd.
- SWARCO AG
- Traffic Technologies Ltd.
- Valmont Industries Inc.
Note: Product cover images may vary from those shown
