Traffic Equipment Market Report 2026

The traffic equipment market size has grown strongly in recent years. It will grow from $8.06 billion in 2025 to $8.54 billion in 2026 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to expansion of urban road networks, rising vehicle ownership rates, increasing need for traffic regulation, adoption of conventional traffic control devices, growth in public safety initiatives.

The traffic equipment market size is expected to see strong growth in the next few years. It will grow to $10.85 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing investments in smart city infrastructure, rising demand for real-time traffic analytics, expansion of connected traffic systems, growing focus on pedestrian safety solutions, increasing adoption of intelligent traffic enforcement. Major trends in the forecast period include increasing deployment of smart traffic control systems, rising adoption of digital signage and monitoring devices, growing use of automated enforcement technologies, expansion of urban traffic management solutions, enhanced focus on road safety equipment.

The growing number of road accidents is expected to propel the growth of the traffic equipment market going forward. Road accidents are incidents that occur on roadways involving vehicles, pedestrians, or cyclists, leading to injuries, fatalities, or damage to property, often caused by factors such as human error, vehicle malfunction, or adverse weather conditions. The growing number of road accidents can be attributed to several factors, including distracted driving, speeding, driving under the influence of alcohol or drugs, poor road conditions, and inexperienced drivers. Traffic equipment, such as cones, barriers, and warning signs, helps manage road accidents by directing traffic, ensuring safety, and preventing further collisions. For instance, in January 2024, according to the Road Safety Authority, an Ireland-based state agency that promotes road safety, in 2023, road fatalities rose by 19%, with 184 deaths in 173 fatal collisions, compared to 155 deaths in 149 collisions in 2022, marking an increase of 29 deaths. Therefore, the growing number of road accidents is driving the traffic equipment market.

Major companies operating in the traffic equipment market are focusing on developing advanced products such as next-generation traffic controllers to improve traffic flow efficiency and enhance road safety. Next-generation traffic controllers are advanced traffic management systems designed to optimize traffic flow and enhance safety by integrating real-time data from various sources, including sensors and connected vehicles while utilizing cutting-edge technologies such as artificial intelligence and machine learning for improved decision-making and operational efficiency. For instance, in April 2023, Yunex Traffic, a Germany-based company that develops innovative mobility ecosystems, launched the Yutraffic Blade Advanced Traffic Controller Platform, a cutting-edge computing system with a dual-core processor, customizable analytics, CV2X capabilities, and a 7-inch touchscreen, designed to handle complex intersection traffic control now and in the future.

In January 2024, RoadSafe Traffic Systems, a US-based company that provides traffic control and pavement marking services, acquired B.C. Cannon Co. Inc. for an undisclosed amount. Through this acquisition, RoadSafe aims to expand its footprint in the traffic safety industry, while B.C. Cannon Co. Inc. will enhance its service offerings and strengthen its position in the traffic control market. B.C. Cannon Co., Inc. is a US-based provider of traffic safety.

Major companies operating in the traffic equipment market are Honeywell International Inc., 3M Company, Siemens Mobility, Indra Sistemas S.A., Brady Worldwide Inc., SWARCO, Jenoptik Group, 3A Composites GmbH, Kapsch TrafficCom, RoadSafe Traffic Systems Inc., Pexco LLC, The Cortina Companies, TrafFix Devices Inc., Fortran Traffic Systems Limited, Metro Infrasys Pvt. Ltd., Omnitec Group, All Traffic Solutions, Gatekeeper Security Inc., Evelux USA, North America Traffic, Roadtech Manufacturing, Cubic Corporation.

Asia-Pacific was the largest region in the traffic equipment market in 2025. The regions covered in the traffic equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the traffic equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The traffic equipment market consists of sales of products such as warning signs, folding barricades, and reflective tape. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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