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The traffic lights market is forecasted to grow by USD 763.7 million during 2024-2029, accelerating at a CAGR of 6.8% during the forecast period. The report on the traffic lights market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by improving traffic flow regulations, increasing road traffic accidents, and growth of road transport infrastructure investment.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The traffic lights market is segmented as below:
By Application
- Road
- Railway
- Construction
By Product
- Incandescent
- LED
By Technology
- Fixed-time signals
- Actuated signals
- Adaptive signals
- Connected signals
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the traffic lights market covers the following areas:
- Traffic Lights Market sizing
- Traffic Lights Market forecast
- Traffic Lights Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Product
10 Market Segmentation by Technology
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global traffic lights market: Alphatronics NV, ARCUS USA Inc., Current Lighting Solutions LLC, D G Controls Ltd., Econolite Control Products Inc., Envoys Electronic Pvt. Ltd., Federal Signal Corp., Horizon Signal Technologies Inc., LITE ON Technology Corp., Mobotrex Inc., North America Traffic, Oriux, Pfannenberg Group Holding GmbH, Shenzhen Fama Intelligent Equipment Co. Ltd, SRL Traffic Systems Ltd., SWARCO AG, Traffic Technologies Ltd., Trastar Inc., 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."
According to the report, one of the major drivers for this market is the improving traffic flow regulations.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alphatronics NV
- ARCUS USA Inc.
- Current Lighting Solutions LLC
- D G Controls Ltd.
- Econolite Control Products Inc.
- Envoys Electronic Pvt. Ltd.
- Federal Signal Corp.
- Horizon Signal Technologies Inc.
- LITE ON Technology Corp.
- Mobotrex Inc.
- North America Traffic
- Oriux
- Pfannenberg Group Holding GmbH
- Shenzhen Fama Intelligent Equipment Co. Ltd
- SRL Traffic Systems Ltd.
- SWARCO AG
- Traffic Technologies Ltd.
- Trastar Inc.
- Ver Mac
