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Traffic Signals Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5323097
  • Report
  • May 2021
  • Region: Global
  • The Business Research Company

FEATURED COMPANIES

  • Aldridge Traffic Systems
  • D.G. Controls
  • Econolite Group
  • General Electric
  • North America Traffic
  • SWARCO AG
Traffic Signals Global Market Report 2021: COVID-19 Impact and Recovery to 2030 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

Description:

Where is the largest and fastest growing market for the traffic signals? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Traffic Signals market global report answers all these questions and many more.

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 historic and forecast market growth by geography. It places the market within the context of the wider traffic signals market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The traffic signals market section of the report gives context. It compares the traffic signals market with other segments of the traffic signals market by size and growth, historic and forecast.

Scope

Markets Covered:

1) By Type of Power: Electric Power; Solar Energy 2) By Product Type: Portable; Stationary 3) By End Use: Railway; Airport; UrbanTraffic; Others

Companies Mentioned: SWARCO AG; Envoys; Aldridge Traffic Systems; Federal Signal; DG Controls

Countries: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia

Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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Frequently Asked Questions about the Global Traffic Signals Market

What is the estimated value of the Global Traffic Signals Market?

The Global Traffic Signals Market was estimated to be valued at $145.8 billion in 2021.

What is the growth rate of the Global Traffic Signals Market?

The growth rate of the Global Traffic Signals Market is 5.7%, with an estimated value of $181.9 billion by 2025.

What is the forecasted size of the Global Traffic Signals Market?

The Global Traffic Signals Market is estimated to be worth $181.9 billion by 2025.

Who are the key companies in the Global Traffic Signals Market?

Key companies in the Global Traffic Signals Market include SWARCO AG, Envoys, Aldridge Traffic Systems, Federal Signal, DG Controls, Econolite Group, Horizon Signal Technologies, Arcus Light and Alphatronics.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aldridge Traffic Systems
  • D.G. Controls
  • Econolite Group
  • General Electric
  • North America Traffic
  • SWARCO AG

1. Executive Summary2. Traffic Signals Market Characteristics3. Traffic Signals Market Trends and Strategies4. Impact of COVID-19 on Traffic Signals
5. Traffic Signals Market Size and Growth
5.1. Global Traffic Signals Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on the Market
5.2. Global Traffic Signals Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market
6. Traffic Signals Market Segmentation
6.1. Global Traffic Signals Market, Segmentation by Type of Power, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Electric Power
  • Solar Energy
6.2. Global Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Portable
  • Stationary
6.3. Global Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Railway
  • Airport
  • UrbanTraffic
  • Others

7. Traffic Signals Market Regional and Country Analysis
7.1. Global Traffic Signals Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Traffic Signals Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8. Asia-Pacific Traffic Signals Market
8.1. Asia-Pacific Traffic Signals Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8.3. Asia-Pacific Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
9. China Traffic Signals Market
9.1. China Traffic Signals Market Overview
9.2. China Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
9.3. China Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
10. India Traffic Signals Market
10.1. India Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
10.2. India Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11. Japan Traffic Signals Market
11.1. Japan Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11.2. Japan Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12. Australia Traffic Signals Market
12.1. Australia Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12.2. Australia Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13. Indonesia Traffic Signals Market
13.1. Indonesia Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13.2. Indonesia Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14. South Korea Traffic Signals Market
14.1. South Korea Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14.2. South Korea Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15. Western Europe Traffic Signals Market
15.1. Western Europe Traffic Signals Market Overview
15.2. Western Europe Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15.3. Western Europe Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16. UK Traffic Signals Market
16.1. UK Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16.2. UK Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17. Germany Traffic Signals Market
17.1. Germany Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17.2. Germany Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18. France Traffic Signals Market
18.4. France Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18.5. France Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19. Eastern Europe Traffic Signals Market
19.1. Eastern Europe Traffic Signals Market Overview
19.2. Eastern Europe Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19.3. Eastern Europe Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20. Russia Traffic Signals Market
20.1. Russia Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20.2. Russia Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21. North America Traffic Signals Market
21.1. North America Traffic Signals Market Overview
21.2. North America Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21.3. North America Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22. USA Traffic Signals Market
22.1. USA Traffic Signals Market Overview
22.2. USA Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22.3. USA Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23. South America Traffic Signals Market
23.1. South America Traffic Signals Market Overview
23.2. South America Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23.3. South America Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24. Brazil Traffic Signals Market
24.1. Brazil Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24.2. Brazil Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25. Middle East Traffic Signals Market
25.1. Middle East Traffic Signals Market Overview
25.2. Middle East Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25.3. Middle East Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26. Africa Traffic Signals Market
26.1. Africa Traffic Signals Market Overview
26.2. Africa Traffic Signals Market, Segmentation by Product Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26.3. Africa Traffic Signals Market, Segmentation by End Use, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
27. Traffic Signals Market Competitive Landscape and Company Profiles
27.1. Traffic Signals Market Competitive Landscape
27.2. Traffic Signals Market Company Profiles
27.2.1. SWARCO AG
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Envoys
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Aldridge Traffic Systems
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Federal Signal
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. DG Controls
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
29. Key Mergers and Acquisitions in the Traffic Signals Market29. Traffic Signals Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aldridge Traffic Systems
  • D.G. Controls
  • Econolite Group
  • General Electric
  • North America Traffic
  • SWARCO AG
Major players in the traffic signals market are, SWARCO AG, Envoys, Aldridge Traffic Systems, Federal Signal, DG Controls, Econolite Group, Horizon Signal Technologies, Arcus Light, and General Electric.

The global traffic signals market is expected to grow from $139.16 billion in 2020 to $145.84 billion in 2021 at a compound annual growth rate (CAGR) of 4.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $181.94 billion in 2025 at a CAGR of 6%.

The traffic signals market consists of sales of traffic signals and related services. They are used in safeguarding pedestrians and automobiles at busy intersections and prevents excessive traffic delays. Traffic signals, also known as traffic lights are signalling devices located at intersections between roads, pedestrian crossings and other locations to ensure safety in the orderly flow of traffic.

Installing new traffic signals for increasing traffic speed and reducing accidents is contributing to the growth of the traffic signals market. Traffic signals are signalling systems mounted at road crossings and pedestrian crossings to monitor traffic flows. For instance, in 2020, according to 'The Korea Bizwire', The Korea Road Traffic Authority selected 80 intersections in the major urban areas of the country where gridlock is serious or traffic accidents occur regularly, and installed new traffic signals at the intersections that will help in reducing accidents and increases traffic Speed. This will lead to a better road infrastructure, with greater demand for traffic signals, which will boost the market growth. The installation of new traffic signals increased the demand for traffic signals, driving the market.

Color change (Light Emitting Diode) LED technology are increasingly being used in the traffic signals lights market with the ability to create an impact across the market. Manufacturers are focusing on the development of LED-based lights that are not only energy and cost efficient, but are also extremely when durable compared with incandescent lights. LED is a rapidly growing technology in the traffic signals light industry. For an instance, Luxofor traffic light, designed by a Russian art studio, Art Lebedev, the Luxofor reinvigorates, incorporated with LED technology is pretty simple and makes it more visible. Color change LED technology is energy-efficient and extremely sustainable and provides cost-benefit.

The traffic signals market covered in this report is segmented by type of power into electric power and solar energy. It is also segmented by product type into portable, stationary and by end use into railway, airport, urban traffic and others.

Artificial intelligence is seen as an emerging trend in the traffic signals market. Traffic signals with artificial intelligence can reduce traffic congestion. Artificial intelligence (AI) refers to human intelligence simulation in machines which are programmed and capable of performing tasks that normally requires human intelligence such as visual perception, speech recognition, decision making and language translation. For instance, in 2019, the Bengaluru traffic management has announced plans to integrate traffic signals with AI to monitor vehicle density for secured management of traffic. Cameras can track traffic density under the systems powered by AI and will also help in determining the time to allow vehicles to clear a signal.

In October 2019, Traffic Technologies, an Australia based traffic solutions company acquired the business and assets of L&M Traffic Signals Pty Ltd (L&M) for $1.2 million. The acquisition of the L&M business is an exciting time for the Company enabling Traffic Technologies to further develop its maintenance business in Victoria and strengthen Traffic Technologies relationships with local councils serviced by L&M. L&M Traffic Signals Pty Ltd (L&M), an Australia based company that provides all types of Traffic Signal Installation works.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • SWARCO AG
  • Envoys
  • Aldridge Traffic Systems
  • Federal Signal
  • DG Controls
  • Econolite Group
  • Horizon Signal Technologies
  • Arcus Light
  • General Electric
  • Alphatronics
  • Trafitronics
  • Leotek
  • Sinowatcher Technology
  • Peek Traffic
  • Pfannenberg
  • WERMA
  • Dialight
  • Fama Traffic
  • Traffic Technologies
  • Anbang Electric
  • Jingan
  • Vltronics
  • North America Traffic
  • Voxson
  • Traffic Safety Corp.
  • Yaham
  • Messagemaker
  • Hunan Xiangxu Traffic & Lighting Co. Ltd.
  • D.G. Controls
  • E2S
Note: Product cover images may vary from those shown

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