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Road LED Traffic Signals Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - SWARCO, Dialight, Leotek, GE Current

02 Jan, 2020 | 119 Pages
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The global Road LED Traffic Signals Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.9% during the review period (2022 to 2027)



Road LED Traffic Signals Market Overview



Road LED Traffic Signals, also known as traffic buggy lights, are energy efficient and ideal for use in residential and commercial settings.The traffic lights market is about to get enormous opportunities as various countries are working on the growth of the infrastructure sector that includes roadways within the cities and across the borders. Governments across the world have taken the initiative to work on the roadways’ construction as they are one of the primary means of transportation in order to provide highways and expressways to connect the prominent cities.In order to create an impact across the market, LED technology is being used in the traffic signals lights market. LED lights are not only cost and energy-sufficient but also durable when they are compared with incandescent lights and hence manufacturers across the world are focusing on producing more LED lights.There is a vast increase of LED technology in the traffic signals light industry. For an instance, a traffic light named Luxofor which is designed by a Russian art studio, Art Lebedev is clearer and more visible as it is created with LED technology. Color change LED technology is energy-efficient, cost-effective, and is sustainable as well.Combining advanced LED technology, energy saving features and attractive styling, the Road LED Traffic Signals are the ideal choice for modern road marking. 



Industry News and Updates





  • Traffic Group Signals launches advanced temporary signaling for haul routes




    • Traffic Group Signals, one of the UK’s leading manufacturers of portable and temporary traffic signal products, has launched its innovative Metro Haul Route Crossing System.





Walker Brothers, P. Trading & Consultant, Traffic & Parking Control Co., Inc., Qifayath Enterprises, MoboTrex, Bartco Traffic Equipment Pty Ltd., Pyrotech Electronics Pvt. Ltd., North America Traffic, MIMIC (Brand Of Steam Airetric Controls), Aldridge Traffic Systems Pty Ltd., Alphatronics NV, ARCUS USA Inc., D G Controls Ltd., European Safety Systems Ltd.,



Market Growth Drivers:



The increasing traffic volume on the road leading towards the risks of road accidents due to rash driving and drunk-and-drive are directly proportional. Installation of traffic lights at the accident-prone areas such as intersections, hairpin bends, multiple lane roadways and etc. can aid to avoid unnecessary fatal situations in the long run.Nowadays with the increasing number of smartphone users, for whom normal traffic lights are not the line of sight while texting, the traffic lights strips on the sidewalks are expected to emerge as a new trend. For instance, the Bodegraven town in the Netherlands has installed green and red strips along the sidewalk that is synchronized with the traffic signals located on the intersections.



What are the major Applications, Types, and Regions for Road LED Traffic Signals Market?



Road LED Traffic Signals Market is segmented based on the type, applications, companies, and regions.



By Type:




  • High Power LED

  • Conventional LED

  • Incandescent lights

  • LED lights



The segment of high power LED holds a comparatively larger share in the global market, which accounts for about 86%.



By Application:




  • Street lights

  • Junction signals

  • Cyclists

  • Pedestrians

  • Equestrians

  • Zebra crossing



By end user’s industry application:




  • Urban Road

  • Rural Road

  • Other



The urban road holds an important share in terms of applications and accounts for 70% of the market share.



Regional Analysis:



The report offers an in-depth assessment of the growth and other aspects of the Road LED Traffic Signals Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, and Latin America.



The US is one of the key markets for light-emitting diode traffic signals in North America. Road LED Traffic Signals Market 33% of the growth will originate from the North America region. Road LED Traffic Signals Market growth will originate 31% from APAC during the forecast period. China is the key market for LED traffic signs and signals.APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Increasing road traffic accidents will facilitate the LED traffic signs and signals market growth in APAC over the forecast period. 



What are our Road LED Traffic Signals Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2028 CAGR



CAGR of 3.9% during the review period (2022 to 2027).



By Type




  • High Power LED

  • Conventional LED

  • Incandescent lights

  • LED lights

  • Others



By Application




  • Street lights

  • Junction signals

  • Cyclists

  • Pedestrians

  • Equestrians

  • Zebra crossing

  • Others



By Companies



Walker Brothers, P. Trading & Consultant, Traffic & Parking Control Co., Inc., Qifayath Enterprises, MoboTrex, Bartco Traffic Equipment Pty Ltd., Pyrotech Electronics Pvt. Ltd., North America Traffic, MIMIC (Brand Of Steam Airetric Controls), Aldridge Traffic Systems Pty Ltd., Alphatronics NV, ARCUS USA Inc., D G Controls Ltd., European Safety Systems Ltd., Envoys Electronics Pvt. Ltd., Federal Signal Corp., General Electric Co. SWARCO, Dialight, Leotek, GE Current, Fama Traffic, Traffic Technologies, Anbang Electric, Sinowatcher Technology, Econolite Group, WERMA, Jingan, Trafitronics India, and others.



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



119



Customization Available



Yes, the report can be customized as per your needs






    



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Road LED Traffic Signals Report




  • Evaluate Road LED Traffic Signals market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level - for product types, end-use applications, and by different industries verticals.

  • Understand the different dynamics influencing the market - key driving factors, challenges, and hidden opportunities.

  • Get in-depth insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Road LED Traffic Signals market entropy - M&As, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market.



FAQ -



What is the study period of this market?



The Road LED Traffic Signals Market is studied from 2017 - 2027.



 What is the growth rate of Road LED Traffic Signals Market?



The Road LED Traffic Signals Market is growing at a CAGR of 3.9% over the next 5 years.



What regions does this Road LED Traffic Signals Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. Road LED Traffic Signals Introduction and Market Overview

    1. Objectives of the Study

    2. Overview of Road LED Traffic Signals

    3. Scope of The Study

      1. Key Market Segments

      2. Players Covered

      3. COVID-19's impact on the Road LED Traffic Signals industry



    4. Methodology of The Study

    5. Research Data Source



  2. Executive Summary

    1. Market Overview

      1. Global Road LED Traffic Signals Market Size, 2022 to 2027

      2. Global Road LED Traffic Signals Market Size by Type, 2022 to 2027

      3. Global Road LED Traffic Signals Market Size by Application, 2022 to 2027

      4. Global Road LED Traffic Signals Market Size by Region, 2022 to 2027



    2. Business Environment Analysis

      1. Global COVID-19 Status and Economic Overview

      2. Influence of COVID-19 Outbreak on Road LED Traffic Signals Industry Development





  3. Industry Chain Analysis

    1. Upstream Raw Material Suppliers of Road LED Traffic Signals Analysis

    2. Major Players of Road LED Traffic Signals

    3. Road LED Traffic Signals Manufacturing Cost Structure Analysis

      1. Production Process Analysis

      2. Manufacturing Cost Structure of Road LED Traffic Signals

      3. Labor Cost of Road LED Traffic Signals



    4. Market Distributors of Road LED Traffic Signals

    5. Major Downstream Buyers of Road LED Traffic Signals Analysis

    6. The Impact of Covid-19 From the Perspective of Industry Chain

    7. Regional Import and Export Controls Will Exist for a Long Time

    8. Continued downward PMI Spreads Globally



  4. Global Road LED Traffic Signals Market, by Type

    1. Global Road LED Traffic Signals Value and Market Share by Type (2022 - 2027)

    2. Global Road LED Traffic Signals Production and Market Share by Type (2022 - 2027)

    3. Global Road LED Traffic Signals Value and Growth Rate by Type (2022 - 2027)

      1. Global Road LED Traffic Signals Value and Growth Rate of High Power LED

      2. Global Road LED Traffic Signals Value and Growth Rate of Conventional LED

      3. Global Road LED Traffic Signals Value and Growth Rate of Other



    4. Global Road LED Traffic Signals Price Analysis by Type (2022 - 2027)



  5. Road LED Traffic Signals Market, by Application

    1. Downstream Market Overview

    2. Global Road LED Traffic Signals Consumption and Market Share by Application (2022 - 2027)

    3. Global Road LED Traffic Signals Consumption and Growth Rate by Application (2022 - 2027)

      1. Urban Road Global Road LED Traffic Signals Consumption and Growth Rate (2022-2027)

      2. Rural Road Global Road LED Traffic Signals Consumption and Growth Rate (2022-2027)

      3. Other Global Road LED Traffic Signals Consumption and Growth Rate (2022-2027)





  6. Global Road LED Traffic Signals Market Analysis by Regions

    1. Global Road LED Traffic Signals Sales, Revenue and Market Share by Regions

      1. Global Road LED Traffic Signals Sales by Regions (2022 - 2027)

      2. Global Road LED Traffic Signals Revenue by Regions (2022 - 2027)



    2. North America Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    3. Europe Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    4. Asia-Pacific Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    5. Middle East and Africa Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    6. South America Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)



  7. North America Road LED Traffic Signals Market Analysis by Countries

    1. The Influence of COVID-19 on North America Market

    2. North America Road LED Traffic Signals Sales, Revenue and Market Share by Countries

      1. North America Road LED Traffic Signals Sales by Countries (2022 - 2027)

      2. North America Road LED Traffic Signals Revenue by Countries (2022 - 2027



    3. United States Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    4. Canada Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    5. Mexico Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)



  8. Europe Road LED Traffic Signals Market Analysis by Countries

    1. The Influence of COVID-19 on Europe Market

    2. Europe Road LED Traffic Signals Sales, Revenue and Market Share by Countries

      1. Europe Road LED Traffic Signals Sales by Countries (2022 - 2027)

      2. Europe Road LED Traffic Signals Revenue by Countries (2022 - 2027)



    3. Germany Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    4. UK Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    5. France Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    6. Italy Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    7. Spain Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    8. Russia Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)



  9. Asia Pacific Road LED Traffic Signals Market Analysis by Countries

    1. The Influence of COVID-19 on Asia Pacific Market

    2. Asia Pacific Road LED Traffic Signals Sales, Revenue and Market Share by Countries

      1. Asia Pacific Road LED Traffic Signals Sales by Countries (2022 - 2027)

      2. Asia Pacific Road LED Traffic Signals Revenue by Countries (2022 - 2027)



    3. China Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    4. Japan Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    5. South Korea Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    6. India Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    7. Southeast Asia Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    8. Australia Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)



  10. Middle East and Africa Road LED Traffic Signals Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. Middle East and Africa Road LED Traffic Signals Sales, Revenue and Market Share by Countries

      1. Middle East and Africa Road LED Traffic Signals Sales by Countries (2022 - 2027)

      2. Middle East and Africa Road LED Traffic Signals Revenue by Countries (2022 - 2027)






  11. Application_List





    1. Saudi Arabia Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    2. UAE Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    3. Egypt Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    4. Nigeria Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    5. South Africa Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)



  12. South America Road LED Traffic Signals Market Analysis by Countries

    1. The Influence of COVID-19 on Middle East and Africa Market

    2. South America Road LED Traffic Signals Sales, Revenue and Market Share by Countries

      1. South America Road LED Traffic Signals Sales by Countries (2022 - 2027)

      2. South America Road LED Traffic Signals Revenue by Countries (2022 - 2027)



    3. Brazil Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    4. Argentina Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    5. Columbia Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)

    6. Chile Road LED Traffic Signals Sales and Growth Rate (2022 - 2027)



  13. Competitive Landscape

    1. SWARCO

      1. SWARCO Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. SWARCO Production, Value, Price, Gross Margin 2022 - 2027



    2. Dialight

      1. Dialight Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. Dialight Production, Value, Price, Gross Margin 2022 - 2027



    3. Leotek

      1. Leotek Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. Leotek Production, Value, Price, Gross Margin 2022 - 2027



    4. GE Current

      1. GE Current Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. GE Current Production, Value, Price, Gross Margin 2022 - 2027



    5. Fama Traffic

      1. Fama Traffic Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. Fama Traffic Production, Value, Price, Gross Margin 2022 - 2027



    6. Traffic Technologies

      1. Traffic Technologies Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. Traffic Technologies Production, Value, Price, Gross Margin 2022 - 2027



    7. Anbang Electric

      1. Anbang Electric Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. Anbang Electric Production, Value, Price, Gross Margin 2022 - 2027



    8. Sinowatcher Technology

      1. Sinowatcher Technology Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. Sinowatcher Technology Production, Value, Price, Gross Margin 2022 - 2027



    9. Econolite Group

      1. Econolite Group Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. Econolite Group Production, Value, Price, Gross Margin 2022 - 2027



    10. WERMA

      1. WERMA Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. WERMA Production, Value, Price, Gross Margin 2022 - 2027



    11. Jingan

      1. Jingan Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. Jingan Production, Value, Price, Gross Margin 2022 - 2027



    12. Trafitronics India

      1. Trafitronics India Basic Information

      2. Road LED Traffic Signals Product Introduction

      3. Trafitronics India Production, Value, Price, Gross Margin 2022 - 2027





  14. Industry Outlook

    1. Market Driver Analysis

      1. Market Restraints Analysis

      2. Market Trends Analysis



    2. Merger, Acquisition and New Investment

    3. News of Product Release



  15. Global Road LED Traffic Signals Market Forecast

    1. Global Road LED Traffic Signals Market Value & Volume Forecast, by Type (2022 - 2027)

      1. Global Road LED Traffic Signals Value and Growth Rate of High Power LED

      2. Global Road LED Traffic Signals Value and Growth Rate of Conventional LED



    2. Global Road LED Traffic Signals Market Value & Volume Forecast, by Application (2022 - 2027)

      1. Urban Road Global Road LED Traffic Signals Consumption and Growth Rate (2022-2027)

      2. Rural Road Global Road LED Traffic Signals Consumption and Growth Rate (2022-2027)

      3. Other Global Road LED Traffic Signals Consumption and Growth Rate (2022-2027)



    3. Road LED Traffic Signals Market Analysis and Forecast by Region

      1. North America Market Value and Consumption Forecast (2022- 2027)

      2. Asia Pacific Market Value and Consumption Forecast (2022- 2027)

      3. Middle East and Africa Market Value and Consumption Forecast (2027 - 2027)

      4. South America Market Value and Consumption Forecast (2022 - 2027)





  16. New Project Feasibility Analysis

    1. Industry Barriers and New Entrants SWOT Analysis

      1. Porter's Five Forces Analysis

      2. New Entrants SWOT Analysis



    2. Analysis and Suggestions on New Project Investment



SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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