Global Traffic Lights Market to grow at a CAGR of 6.04% during the period 2017-2021
The analysts forecast the global traffic lights market to grow at a CAGR of 6.04% during the period 2017-2021.
Traffic lights are an important element of traffic safety management to maintain safety on road for pedestrians and drivers. Increasing accidents and fatalities have driven the growth of the traffic lights market, as traffic lights provide drivers control on road and improve the flow of traffic. Another factor that has driven the growth of the market is the improvement in traffic flow regulations by traffic safety organizations by constantly upgrading and maintaining them and creating various pedestrian facilities, extra street lighting, traffic signal modifications, and signage marking improvements.
Covered in this report
The report covers the present scenario and the growth prospects of the global traffic lights market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of traffic lights (portable traffic lights and traffic lamps) at the manufacturer level.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
The report, Global Traffic Lights 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
• Federal Signal
• Econolite
• SWARCO
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Other prominent vendors
• Aldridge Traffic Systems
• Alphatronics
• Arcus Light
• D.G. Controls
• E2S Warning Signals
• Envoys
• Horizon Signal Technologies
• North America Traffic
• Peek Traffic Corporation
• Pfannenberg
• Trastar
• WERMA Signaltechnik
• Ver-Mac
Market driver
• Improving traffic flow regulations
• For a full, detailed list, view our report
Market challenge
• Issues with co-ordination of signal timings
• For a full, detailed list, view our report
Market trend
• Accelerated adoption of LED traffic lights
• 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
• Market overview
• Vendor segmentation
• Common currency conversion rates
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Overview
• Market size and forecast by revenue
• Five forces analysis
PART 06: Market segmentation by product type
• Overview
• Global incandescent traffic lights market
• Global LED traffic lights market
• Segmentation summary
PART 07: Geographical segmentation
• Overview
• Traffic lights market in Americas
• Traffic lights market in EMEA
• Traffic lights market in APAC
• Segmentation summary
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
..…..Continued
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Sam Collins
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https://marketreportscenter.com
Source: https://marketreportscenter.com/reports/487980/global-traffic-lights-market-2017-2021
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