Press release
Global LED Traffic Signs and Signals Market Will Reach At CAGR Of 5.05% Between 2017-2021
Traffic signs and signals are a vital component for road safety management. They are used to maintain safety on road for pedestrians as well as drivers. They are usually erected on the sides of road with information for commuters. With the traffic volume increasing globally, countries have simplified and standardized their signs and signals to overcome language barriers and enhance safety. However, the placement of traffic signs and signals can vary to a considerable extent from country to country.
Technavios analysts forecast the global LED traffic signs and signals market to grow at a CAGR of 5.05% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global LED traffic signs and signals market for 2017-2021. To calculate the market size, the report considers new installations, volume and retrofit/replacement market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global LED Traffic Signs and Signals 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
SWARCO
Federal Signal
Econolite Group
Other prominent vendors
Aldridge Traffic Systems
Alphatronics
Arcus Light
D.G. Controls
E2S
Envoys
General Electric
Horizon Signal Technologies
Leotek
North America Traffic
Peek Traffic
Pfannenberg
Sinowatcher Technology
Trafitronics India
Trastar
Ver-Mac
WERMA Signaltechnik
Market driver
Increased investments toward road infrastructure development
For a full, detailed list, view our report
Market challenge
Increased traffic congestion
For a full, detailed list, view our report
Market trend
Increasing adoption of LED traffic signs and signals
For a full, detailed list, view our 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?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Market overview
Market size and forecast
Global LED traffic signals market
Global LED traffic signs market
PART 07: Geographical segmentation
Market overview
LED traffic signs and signals market in Americas
LED traffic signs and signals market in EMEA
LED traffic signs and signals market in APAC
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
PART 11: Vendor landscape
Competitive scenario
Other prominent vendors
PART 12: Key vendor analysis
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