The traffic signals market reached a value of nearly $26,215.0 million in 2022, having grown at a compound annual growth rate (CAGR) of 4.9% since 2017. The market is expected to grow from $26,215.0 million in 2022 to $38,101.5 million in 2027 at a rate of 7.8%. The market is then expected to grow at a CAGR of 7.4% from 2027 and reach $54,492.6 million in 2032.
Growth in the historic period resulted from strong economic growth in emerging markets, installation of new traffic signals for increased traffic and safety and increased investments in road infrastructure development.
Going forward, rising urbanization, increasing road traffic accidents and increased flight traffic will drive the growth. Factors that could hinder the growth of the traffic signals market in the future include the Russia-Ukraine war.
The traffic signals market is segmented by type of power into electric power an0`.d solar energy. The electric power market was the largest segment of the traffic signals market segmented by type of power accounting for 89.8% of the total in 2022. Going forward, the solar energy market is expected to be the fastest growing segment in the traffic signals market segmented by type of power, at a CAGR of 8.5% during 2022-2027.
The traffic signals market is also segmented by product type into portable and stationary. The stationary market was the largest segment of the traffic signals market segmented by product type accounting for 88.0% of the total in 2022. Going forward, the stationary market is expected to be the fastest growing segment in the traffic signals market segmented by product type, at a CAGR of 7.8% during 2022-2027.
The traffic signals market is also segmented by end-user into railway, airport, urban traffic, and other end-users. The urban traffic market was the largest segment of the traffic signals market segmented by end-user accounting for 78.0% of the total in 2022. Going forward, the railway market is expected to be the fastest growing segment in the traffic signals market segmented by end-user, at a CAGR of 8.1% during 2022-2027.
Asia Pacific was the largest region in the traffic signals market, accounting for 30.7% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the traffic signals market will be Asia Pacific, and, North America where growth will be at CAGRs of 8.7% and 8.1% respectively. These will be followed by Middle East, and, Western Europe where the markets are expected to grow at CAGRs of 7.9% and 7.1% respectively.
The traffic signals market is highly fragmented, with a large number of small players. The top ten competitors in the market made up to 0.19% of the total market in 2021. LITE-ON Technology Corp was the largest competitor with 0.044% share of the market, followed by Econolite Group with 0.032%, ORIUX with 0.022%, SWARCO AG with 0.020%, Traffic Technologies Ltd with 0.020%, North America Traffic with 0.019%, Ver-Mac with 0.015%, ARCUS USA Inc with 0.013%, D G Controls Ltd with 0.003%, and Alphatronics NV with 0.002%.
The top opportunities in the traffic signals market segmented by type of power will arise in the electric power segment, which will gain $10,524.8 million of global annual sales by 2027. The top opportunities in segment by product type will arise in the stationary segment, which will gain $10,573.9 million of global annual sales by 2027. The top opportunities in segment by end user will arise in the urban traffic segment, which will gain $9,239.2 million of global annual sales by 2027. The traffic signals market size will gain the most in the USA at $2,959.9 million.
Market-trend-based strategies for the traffic signals market include focusing on LED technologies for brighter lighting, lower power consumption, and longer lifespan, leveraging artificial intelligence to monitor traffic congestion and assist in traffic management and developing virtual traffic lights to eliminate the need for waiting at stop lights.
Player-adopted strategies in the traffic signals market include focuses on developing smarter, safer, and more environmental-friendly electric locomotives through partnerships and collaborations, providing solutions to accelerate the energy transition towards a carbon-neutral future through securing new contracts, providing environmentally friendly modes of transportation to customers around the world through new product launches, developing modern electric locomotives through securing new contracts and providing environmental-friendly transport services through securing new contracts.
To take advantage of the opportunities, the publisher recommends the traffic signals companies to focus on virtual traffic lights, focus on using artificial intelligence, focus on led (light emitting diode) technology, expand in emerging markets, offer competitive pricing, participate in trade shows and events, continue to target fast-growing end-users.
This report describes and explains the traffic signals market and covers 2017 to 2022, termed the historic period, and 2022 to 2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
Growth in the historic period resulted from strong economic growth in emerging markets, installation of new traffic signals for increased traffic and safety and increased investments in road infrastructure development.
Going forward, rising urbanization, increasing road traffic accidents and increased flight traffic will drive the growth. Factors that could hinder the growth of the traffic signals market in the future include the Russia-Ukraine war.
The traffic signals market is segmented by type of power into electric power an0`.d solar energy. The electric power market was the largest segment of the traffic signals market segmented by type of power accounting for 89.8% of the total in 2022. Going forward, the solar energy market is expected to be the fastest growing segment in the traffic signals market segmented by type of power, at a CAGR of 8.5% during 2022-2027.
The traffic signals market is also segmented by product type into portable and stationary. The stationary market was the largest segment of the traffic signals market segmented by product type accounting for 88.0% of the total in 2022. Going forward, the stationary market is expected to be the fastest growing segment in the traffic signals market segmented by product type, at a CAGR of 7.8% during 2022-2027.
The traffic signals market is also segmented by end-user into railway, airport, urban traffic, and other end-users. The urban traffic market was the largest segment of the traffic signals market segmented by end-user accounting for 78.0% of the total in 2022. Going forward, the railway market is expected to be the fastest growing segment in the traffic signals market segmented by end-user, at a CAGR of 8.1% during 2022-2027.
Asia Pacific was the largest region in the traffic signals market, accounting for 30.7% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the traffic signals market will be Asia Pacific, and, North America where growth will be at CAGRs of 8.7% and 8.1% respectively. These will be followed by Middle East, and, Western Europe where the markets are expected to grow at CAGRs of 7.9% and 7.1% respectively.
The traffic signals market is highly fragmented, with a large number of small players. The top ten competitors in the market made up to 0.19% of the total market in 2021. LITE-ON Technology Corp was the largest competitor with 0.044% share of the market, followed by Econolite Group with 0.032%, ORIUX with 0.022%, SWARCO AG with 0.020%, Traffic Technologies Ltd with 0.020%, North America Traffic with 0.019%, Ver-Mac with 0.015%, ARCUS USA Inc with 0.013%, D G Controls Ltd with 0.003%, and Alphatronics NV with 0.002%.
The top opportunities in the traffic signals market segmented by type of power will arise in the electric power segment, which will gain $10,524.8 million of global annual sales by 2027. The top opportunities in segment by product type will arise in the stationary segment, which will gain $10,573.9 million of global annual sales by 2027. The top opportunities in segment by end user will arise in the urban traffic segment, which will gain $9,239.2 million of global annual sales by 2027. The traffic signals market size will gain the most in the USA at $2,959.9 million.
Market-trend-based strategies for the traffic signals market include focusing on LED technologies for brighter lighting, lower power consumption, and longer lifespan, leveraging artificial intelligence to monitor traffic congestion and assist in traffic management and developing virtual traffic lights to eliminate the need for waiting at stop lights.
Player-adopted strategies in the traffic signals market include focuses on developing smarter, safer, and more environmental-friendly electric locomotives through partnerships and collaborations, providing solutions to accelerate the energy transition towards a carbon-neutral future through securing new contracts, providing environmentally friendly modes of transportation to customers around the world through new product launches, developing modern electric locomotives through securing new contracts and providing environmental-friendly transport services through securing new contracts.
To take advantage of the opportunities, the publisher recommends the traffic signals companies to focus on virtual traffic lights, focus on using artificial intelligence, focus on led (light emitting diode) technology, expand in emerging markets, offer competitive pricing, participate in trade shows and events, continue to target fast-growing end-users.
This report describes and explains the traffic signals market and covers 2017 to 2022, termed the historic period, and 2022 to 2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
Table of Contents
1. Executive Summary2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction And Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Traffic Signals Market Definition and Segmentations
6.4. Market Segmentation By Type Of Power
6.4.1. Electric Power
6.4.2. Solar Energy
6.5. Market Segmentation By Product Type
6.5.1. Portable
6.5.2. Stationary
6.6. Market Segmentation By End User
6.6.1. Railway
6.6.2. Airport
6.6.3. Urban Traffic
6.6.4. Other End Users
7. Major Market Trends
7.1. LED (Light Emitting Diode) Technology
7.2. Artificial Intelligence Implementation
7.3. 3D Smart Traffic Signals
7.4. Virtual Traffic Lights
8. Global Market Size and Growth
8.1. Market Size
8.2. Historic Market Growth, 2017 - 2022, Value ($ Million)
8.2.1. Market Drivers 2017 - 2022
8.2.2. Market Restraints 2017 - 2022
8.3. Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
8.3.1. Market Drivers 2022 - 2027
8.3.2. Market Restraints 2022 - 2027
9. Global Traffic Signals Market Segmentation
9.1. Global Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.2. Global Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.3. Global Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10. Traffic Signals Market, Regional and Country Analysis
10.1. Global Traffic Signals Market, By Region, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10.2. Global Traffic Signals Market, By Country, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11. Asia-Pacific Market
11.1. Summary
11.2. Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulations
11.2.6. Regulatory Bodies
11.2.7. Major Associations
11.2.8. Taxes Levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.4. Asia-Pacific Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.5. Asia-Pacific Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.6. Asia-Pacific Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.7. Asia-Pacific Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.8. Asia-Pacific Traffic Signals Market: Country Analysis
11.9. China Market
11.10. Summary
11.11. Market Overview
11.11.1. Country Information
11.11.2. Market Information
11.11.3. Background Information
11.11.4. Government Initiatives
11.11.5. Regulations
11.11.6. Regulatory Bodies
11.11.7. Major Associations
11.11.8. Taxes levied
11.11.9. Corporate tax structure
11.11.10. Investments
11.11.11. Major Companies
11.12. China Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.13. China Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.14. China Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.15. China Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.16. China Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.17. India Market
11.18. India Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.19. India Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.20. India Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.21. India Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.22. India Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.23. Japan Market
11.24. Japan Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.25. Japan Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.26. Japan Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.27. Japan Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.28. Japan Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.29. Australia Market
11.30. Australia Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.31. Australia Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.32. Australia Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.33. Australia Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.34. Australia Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.35. Indonesia Market
11.36. Indonesia Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.37. Indonesia Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.38. Indonesia Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.39. Indonesia Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.40. Indonesia Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.41. South Korea Market
11.42. South Korea Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.43. South Korea Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.44. South Korea Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.45. South Korea Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.46. South Korea Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12. Western Europe Market
12.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulations
12.2.6. Regulatory Bodies
12.2.7. Taxes Levied
12.2.8. Corporate Tax Structure
12.2.9. Investments
12.2.10. Major Companies
12.3. Western Europe Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.4. Western Europe Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.5. Western Europe Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.6. Western Europe Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.7. Western Europe Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.8. Western Europe Traffic Signals Market: Country Analysis
12.9. UK Market
12.10. UK Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.11. UK Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.12. UK Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.13. UK Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.14. UK Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.15. Germany Market
12.16. Germany Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.17. Germany Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.18. Germany Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.19. Germany Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.20. Germany Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.21. France Market
12.22. France Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.23. France Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.24. France Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.25. France Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.26. France Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13. Eastern Europe Market
13.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Russia
13.2.6. Regulations
13.2.7. Poland
13.2.8. Regulatory Bodies
13.2.9. Major Associations
13.2.10. Taxes Levied
13.2.11. Corporate Tax Structure
13.2.12. Investments
13.2.13. Major Companies
13.3. Eastern Europe Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.4. Eastern Europe Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.5. Eastern Europe Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.6. Eastern Europe Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.7. Eastern Europe Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.8. Eastern Europe Traffic Signals Market: Country Analysis
13.9. Russia Market
13.10. Russia Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.11. Russia Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.12. Russia Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.13. Russia Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.14. Russia Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14. North America Market
14.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory Bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. North America Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.4. North America Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.5. North America Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.6. North America Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.7. North America Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.8. North America Traffic Signals Market: Country Analysis
14.9. USA Market
14.10. Summary
14.11. Market Overview
14.11.1. Country Information
14.11.2. Market Information
14.11.3. Background Information
14.11.4. Government Initiatives
14.11.5. Regulations
14.11.6. Regulatory Bodies
14.11.7. Major Associations
14.11.8. Taxes Levied
14.11.9. Corporate Tax Structure
14.11.10. Investments
14.11.11. Major Companies
14.12. USA Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.13. USA Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.14. USA Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.15. USA Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.16. USA Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15. South America Market
15.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory Bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. South America Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.4. South America Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.5. South America Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.6. South America Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.7. South America Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.8. South America Traffic Signals Market: Country Analysis
15.9. Brazil Market
15.10. Brazil Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.11. Brazil Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.12. Brazil Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.13. Brazil Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.14. Brazil Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16. Middle East Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Middle East Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
16.4. Middle East Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
16.5. Middle East Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.6. Middle East Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.7. Middle East Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17. Africa Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Africa Traffic Signals Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
17.4. Africa Traffic Signals Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
17.5. Africa Traffic Signals Market, Segmentation By Type Of Power, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.6. Africa Traffic Signals Market, Segmentation By Product Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.7. Africa Traffic Signals Market, Segmentation By End User, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
18. Competitive Landscape and Company Profiles
19. Company Profiles
19.1. LITE-ON Technology Corp
19.1.1. Company Overview
19.1.2. Products And Services
19.1.3. Financial Overview
19.2. Econolite Group
19.2.1. Company Overview
19.2.2. Products And Services
19.2.3. Financial Overview
19.3. ORIUX
19.3.1. Company Overview
19.3.2. Products And Services
19.3.3. Financial Overview
19.4. SWARCO AG
19.4.1. Company Overview
19.4.2. Products And Services
19.4.3. Financial Overview
19.5. Traffic Technologies Ltd
19.5.1. Company Overview
19.5.2. Products And Services
19.5.3. Financial Overview
20. Key Mergers and Acquisitions
20.1. Universal Group Acquired Groupe Signalization
20.2. RoadSafe Traffic Acquired Liddell Brothers, Inc.
20.3. Atlantia Acquired Yunex Traffic
20.4. Siemens Acquired Aldridge Traffic Controllers
21. Opportunities And Strategies
21.1. Global Traffic Signals Market In 2027 - Countries Offering Most New Opportunities
21.2. Global Traffic Signals Market In 2027 - Segments Offering Most New Opportunities
21.3. Global Traffic Signals Market In 2027 - Growth Strategies
21.3.1. Market Trend Based Strategies
22. Conclusions And Recommendations
22.1. Conclusions
22.2. Recommendations
22.2.1. Product
22.2.2. Place
22.2.3. Price
22.2.4. Promotion
22.2.5. People
23. Appendix
23.1. Market Data Sources
23.2. Research Methodology
23.3. Currencies
23.4. About the Publisher
23.5. Copyright and Disclaimer
Executive Summary
Traffic Signals Global Market Opportunities And Strategies To 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global traffic signals market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider traffic signals market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics
- Key Trends
- Global Market Size and Growth
- Regional Analysis
- Market Segmentation
- Regional Market Size and Growth
- Competitive Landscape
- Key Mergers and Acquisitions
- Market Opportunities And Strategies
- Conclusions And Recommendations
- Appendix
Scope
Markets Covered1) By Type Of Power: Electric Power; Solar Energy
2) By Product Type: Portable; Stationary
3) By End-User: Railway; Airport; Urban Traffic; Other End Users
Companies Mentioned: LITE-ON Technology Corp; Econolite Group; Oriux; Swarco AG; Traffic Technologies Ltd
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time-series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; traffic signals indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; traffic signals market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- LITE-ON Technology Corp
- Econolite Group
- Oriux
- Swarco AG
- Traffic Technologies Ltd
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 281 |
| Published | February 2023 |
| Forecast Period | 2022 - 2032 |
| Estimated Market Value ( USD | $ 26215 Million |
| Forecasted Market Value ( USD | $ 54492.6 Million |
| Compound Annual Growth Rate | 7.6% |
| Regions Covered | Global |
