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The light-emitting diode (LED) traffic signs and signals market is forecasted to grow by USD 487 million during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the light-emitting diode (LED) traffic signs and signals 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 increased investments toward road infrastructure development, increasing road traffic accidents, and growing adoption of LED traffic lights.
The light-emitting diode (LED) traffic signs and signals market is segmented as below:
By Product
- LED traffic signals
- LED traffic signs
By End-user
- Urban traffic
- Railway
- Airport
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the light-emitting diode (LED) traffic signs and signals market covers the following areas:
- Light-emitting diode (LED) traffic signs and signals market sizing
- Light-emitting diode (LED) traffic signs and signals market forecast
- Light-emitting diode (LED) traffic signs and signals market industry analysis
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 an analysis of the key vendors.
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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global light-emitting diode (LED) traffic signs and signals market: Aldridge Electrical Industries Pty Ltd., Alphatronics NV, ARCUS USA Inc., D G Controls Ltd., Econolite Control Products Inc., Envoys Electronic Pvt. Ltd., European Safety Systems Ltd., Federal Signal Corp., General Electric Co., Horizon Signal Technologies Inc., LITE ON Technology Corp., North America Traffic, Pfannenberg Group Holding GmbH, Sinowatcher Technology Co. Ltd., SWARCO AG, Traffic Safety Corp., Trafitronics India Pvt. Ltd., Trastar Inc., Ver Mac, and WERMA Signaltechnik GmbH Co. KG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological improvement in traffic management."
According to the report, one of the major drivers for this market is the increased investments toward road infrastructure development.
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:
- Aldridge Electrical Industries Pty Ltd.
- Alphatronics NV
- ARCUS USA Inc.
- D G Controls Ltd.
- Econolite Control Products Inc.
- Envoys Electronic Pvt. Ltd.
- European Safety Systems Ltd.
- Federal Signal Corp.
- General Electric Co.
- Horizon Signal Technologies Inc.
- LITE ON Technology Corp.
- North America Traffic
- Pfannenberg Group Holding GmbH
- Sinowatcher Technology Co. Ltd.
- SWARCO AG
- Traffic Safety Corp.
- Trafitronics India Pvt. Ltd.
- Trastar Inc.
- Ver Mac
- WERMA Signaltechnik GmbH Co. KG
