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Market Analysis and Insights: Global Road LED Traffic Signals Market
The Road LED Traffic Signals market was valued at US$ 540.9 million in 2020 and is projected to reach US$ 702.2 million by 2027, at a CAGR of 3.8% during the 2021-2027. In this study, 2020 has been considered as the base year and 2021 to 2027 as the forecast period to estimate the market size for Road LED Traffic Signals.
In terms of production side, this report researches the Road LED Traffic Signals capacity, production, growth rate, market share by manufacturers and regions (or countries), from 2016 to 2020, and forecast to 2027.
In terms of sales side, this report focuses on the sales of Road LED Traffic Signals by regions (countries), company, by Type and by Application. from 2016 to 2020 and forecast to 2027.
The global Road LED Traffic Signals market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Road LED Traffic Signals market. These figures have been provided in terms of both revenue and volume for the period 2016-2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
Production by Region
North America
Europe
China
Japan
Australia
India
Sales by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Segment by Type
High Power LED
Conventional LED
The segment of high power LED holds a comparatively larger share in global market, which accounts for about 86%.
Segment by 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.
By Company
SWARCO
Dialight
Leotek
GE Current
Fama Traffic
Traffic Technologies
Anbang Electric
Sinowatcher Technology
Econolite Group
WERMA
Jingan
Trafitronics India
The Road LED Traffic Signals market was valued at US$ 540.9 million in 2020 and is projected to reach US$ 702.2 million by 2027, at a CAGR of 3.8% during the 2021-2027. In this study, 2020 has been considered as the base year and 2021 to 2027 as the forecast period to estimate the market size for Road LED Traffic Signals.
In terms of production side, this report researches the Road LED Traffic Signals capacity, production, growth rate, market share by manufacturers and regions (or countries), from 2016 to 2020, and forecast to 2027.
In terms of sales side, this report focuses on the sales of Road LED Traffic Signals by regions (countries), company, by Type and by Application. from 2016 to 2020 and forecast to 2027.
The global Road LED Traffic Signals market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Road LED Traffic Signals market. These figures have been provided in terms of both revenue and volume for the period 2016-2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
Production by Region
North America
Europe
China
Japan
Australia
India
Sales by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Segment by Type
High Power LED
Conventional LED
The segment of high power LED holds a comparatively larger share in global market, which accounts for about 86%.
Segment by 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.
By Company
SWARCO
Dialight
Leotek
GE Current
Fama Traffic
Traffic Technologies
Anbang Electric
Sinowatcher Technology
Econolite Group
WERMA
Jingan
Trafitronics India
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
