Light-Emitting Diode (LED) Traffic Signs and Signals Market by Product and Geography - Forecast and Analysis 2023-2027

Published: Nov 2022

Pages: 163

SKU: IRTNTR44599

Snapshot

The light-emitting diode (LED) traffic signs and signals market is estimated to grow at a CAGR of 9.1% between 2022 and 2027. The size of the market is forecasted to increase by USD 521.78 million. The growth of the market depends on several factors, including increased investments in road infrastructure development, increasing road traffic accidents, and the growing adoption of LED traffic lights.

This report extensively covers market segmentation by product (LED traffic signals and LED traffic signs), end-user (urban traffic, railway, airport, and others), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will the Size of the Light-Emitting Diode (LED) Traffic Signs and Signals Market be During the Forecast Period?

Sign up now and get instant access to Sample Report for FREE

Parent Market Analysis

The reports categorize the global light-emitting diode (LED) traffic signs and signals market as a part of the global electrical components and equipment market. The parent market, the global electrical components and equipment market, covers companies engaged in the manufacturing of electric cables and wires, electrical components, and electrical equipment. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Light-Emitting Diode (LED) Traffic Signs and Signals Market: Key Drivers, Trends, Challenges, and Customer Landscape

Increased investments in road infrastructure development are notably driving the market growth, although factors such as improper installation and malfunctioning of traffic signs and signals may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Light-Emitting Diode (LED) Traffic Signs and Signals Market Driver

Increased investments in road infrastructure development are notably driving the light-emitting diode (LED) traffic signs and signals market growth. Many developing countries such as India and China are increasing the efficiency of the road transportation sector by widening roads, improving connectivity, and improving traffic regulations. Developed countries also need to upgrade and improve their road transport infrastructure. The improvement in transport infrastructure has a direct positive influence on the global LED traffic signs and signals market.

The poor quality of road networks and increasing passenger traffic results in congestion and an increasing number of road accidents. Hence, improvements in the operational performance of road transport, including traffic management, vehicle tracking, and expanded road networks, will have a positive impact on the growth of the global LED traffic signs and signals market during the forecast period.

Key Light-Emitting Diode (LED) Traffic Signs and Signals Market Trend

Technological improvements in traffic management are a key trend influencing the light-emitting diode (LED) traffic signs and signals market growth. The emphasis on technological improvements over the past few years has created a substantial opportunity for transportation professionals to address traffic management issues effectively. For instance, Carnegie Mellon University has developed intelligent traffic lights, which use existing technology along with artificial intelligence. The Australian Road and Maritime Services introduced the world's first e-paper traffic signs. Software solutions such as ASTRID and INGRID have been developed to detect and analyze real-time traffic conditions.

Driver information systems in the form of comprehensive automobile traffic control systems, internet-based route systems, and driver information and early warning systems have been developed to provide updates about real-time traffic conditions to drivers and assist them in deciding the best transit route. For instance, variable message signs are designed to keep drivers updated about the current traffic conditions. Such technological improvements in traffic management will boost the growth of the global LED traffic signs and signals market during the forecast period.

Key Light-Emitting Diode (LED) Traffic Signs and Signals Market Challenge

Improper installation and malfunctioning of traffic signs and signals may impede the light-emitting diode (LED) traffic signs and signals market growth. These issues can increase the severity of accidents. The installation of traffic signals, especially at intersections, should be considered, and a thorough study should be conducted to determine if the location has minimum signalization permits. Traffic signals should only be installed if necessary.

The installation of traffic signals at places where there is no necessity may lead to traffic congestion and increase the travel time for commuters, which can lead to rash driving and accidents. Any malfunctioning of traffic signals due to negligence by transportation authorities can expose commuters to a risk of road accidents. Thus, the improper installation and malfunctioning of traffic signs and signals might hinder the growth of the global LED traffic signs and signals market during the forecast period.

Key Light-Emitting Diode (LED) Traffic Signs and Signals Market Customer Landscape

The report includes the adoption lifecycle of the market, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Light-Emitting Diode (LED) Traffic Signs and Signals Market Customer Landscape

Who are the Major Light-Emitting Diode (LED) Traffic Signs and Signals Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product launches, to enhance their presence in the light-emitting diode traffic signs and signals market.

aldridge.com.au - The company offers LED traffic signs and signals such as solar and backlit led signage.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

A qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What are the Fastest-Growing Segments in the Light-Emitting Diode (LED) Traffic Signs and Signals Market?

The market share growth by the LED traffic signals segment will be significant during the forecast period. Traffic signals are generally set up at road intersections, highways, car parking areas, and toll booths. The gradual replacement of incandescent traffic lights with LED lights across the globe, especially in major developed countries, has contributed to the growth of the LED traffic signals market. In the US, several state and local jurisdictions are promoting LED traffic signals, which is effectively contributing to the growth of the segment. Transportation departments across various states in the US, such as Florida, New York, New Jersey, and Texas, have developed specifications with respect to LED traffic signals and are buying them based on these specifications.

Get a glance at the market contribution of various segments Request a PDF Sample

The LED traffic signals segment showed a gradual increase in market share with USD 416.86 million in 2017 and will continue to grow by 2021. Factors such as the growing number of accidents and injuries on the road, coupled with increasing investments in road infrastructure across various countries, are driving the growth of the LED traffic signals segment.

Which are the Key Regions for the Light-Emitting Diode (LED) Traffic Signs and Signals Market?

For more insights on the market share of various regions Request PDF Sample now!

North America is projected to contribute 31% of the market's growth by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America is an established market for LED traffic signs and signals. There are potential opportunities for innovations in traffic lights, such as the introduction of smart traffic lights to reduce traffic congestion and increase safety on roads for vehicle owners, pedestrians, and cyclists. To reduce the number of road accidents, various safety programs have been initiated by government agencies and other independent road safety organizations. Such programs focus on creating awareness about the importance of safety enhancement products in work zones. The development of infrastructure, such as roadways, is also expected to drive the growth of the market in focus during the forecast period. Several investments are being made in the improvement of the ageing road networks in the region. Such initiatives are anticipated to propel the demand for LED traffic signs and signals during the forecast period.

This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. In 2021, the initiation of large-scale vaccination drives and the lifting of travel and lockdown restrictions led to the resumption of LED traffic signs and signals manufacturing operations, which increased the demand for LED traffic signs and signals. The installation of new traffic lights and retrofitting activities related to pedestrian facilities, cycling lanes, and extra-street lighting in countryside areas are driving the growth of the LED traffic signs and signals market. Moreover, the enforcement of regulations regarding traffic rules is another factor fueling the growth of the market in the region. Hence, the light-emitting diode (LED) traffic signs and signals market in North America is expected to grow during the forecast period.

Segment Overview

The report forecasts light-emitting diode traffic signs and signals market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by product, end-user, and region.

Product Outlook ( USD Million, 2017 - 2027)
- LED traffic signals
- LED traffic signs
End-User Outlook ( USD Million, 2017 - 2027)
- Urban traffic
- Railway
- Airport
- Others
Region Outlook ( USD Million, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa
- South America
  - Brazil
  - Argentina

Light-Emitting Diode (LED) Traffic Signs and Signals Market Scope
Report Coverage	Details
Page number	163
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 9.1%
Market growth 2023-2027	USD 521.78 million
Market structure	Fragmented
YoY growth (%)	7.23
Regional analysis	North America, Europe, APAC, South America, and the Middle East and Africa
Performing market contribution	North America at 31%
Key countries	US, Canada, China, UK, and Germany
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Aldridge Electrical Industries Pty Ltd., Alphatronics NV, ARCUS USA Inc., D G Controls Ltd., Econolite Control Products Inc., Envoys Electronics 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., Traffic Safety Corp., Trafitronics India Pvt. Ltd., Trastar Inc., Ver Mac, WERMA Signaltechnik GmbH Co. KG, and SWARCO AG.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request a FREE PDF sample

What are the Key Data Covered in this Light-Emitting Diode (LED) Traffic Signs and Signals Market Report?

CAGR of the light-emitting diode traffic signs and signals marketmarket during the forecast period.
Detailed information on factors that will drive the growth of the light-emitting diode traffic signs and signals market between 2023 and 2027
Precise estimation of the size of the light-emitting diode (LED) traffic signs and signals market and its contribution to the parent market.
Accurate predictions about upcoming trends and changes in consumer behaviour.
Growth of the market industry across North America, Europe, APAC, South America, and the Middle East and Africa.
A thorough analysis of the market’s competitive landscape and detailed information about vendors.
Comprehensive analysis of factors that will challenge the growth of light-emitting diode traffic signs and signals market vendors.

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global light-emitting diode (LED) traffic signs and signals market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global light-emitting diode (LED) traffic signs and signals market 2017 - 2021 ($ million)

4.2 By Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – By Product Segment 2017 - 2021 ($ million)

4.3 By End User Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – By End User Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product

6.3 LED traffic signals - Market size and forecast 2022-2027
- Exhibit 34: Chart on LED traffic signals - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on LED traffic signals - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on LED traffic signals - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on LED traffic signals - Year-over-year growth 2022-2027 (%)

6.4 LED traffic signs - Market size and forecast 2022-2027
- Exhibit 38: Chart on LED traffic signs - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on LED traffic signs - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on LED traffic signs - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on LED traffic signs - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Product
- Exhibit 42: Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)

7.2 Comparison by End-user
- Exhibit 45: Chart on Comparison by End-user
- Exhibit 46: Data Table on Comparison by End-user

7.3 Urban traffic - Market size and forecast 2022-2027
- Exhibit 47: Chart on Urban traffic - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Urban traffic - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Urban traffic - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Urban traffic - Year-over-year growth 2022-2027 (%)

7.4 Railway - Market size and forecast 2022-2027
- Exhibit 51: Chart on Railway - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Railway - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Railway - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Railway - Year-over-year growth 2022-2027 (%)

7.5 Airport - Market size and forecast 2022-2027
- Exhibit 55: Chart on Airport - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Airport - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Airport - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Airport - Year-over-year growth 2022-2027 (%)

7.6 Others - Market size and forecast 2022-2027
- Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

7.7 Market opportunity by End-user
- Exhibit 63: Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 65: Chart on Market share by geography 2022-2027 (%)
- Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 67: Chart on Geographic comparison
- Exhibit 68: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027
- Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027
- Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027
- Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 UK - Market size and forecast 2022-2027
- Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.11 Canada - Market size and forecast 2022-2027
- Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)

9.12 Germany - Market size and forecast 2022-2027
- Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 110: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 112: Overview on factors of disruption

11.4 Industry risks
- Exhibit 113: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 114: Vendors covered

12.2 Market positioning of vendors
- Exhibit 115: Matrix on vendor position and classification

12.3 Aldridge Electrical Industries Pty Ltd.
- Exhibit 116: Aldridge Electrical Industries Pty Ltd. - Overview
- Exhibit 117: Aldridge Electrical Industries Pty Ltd. - Product / Service
- Exhibit 118: Aldridge Electrical Industries Pty Ltd. - Key offerings

12.4 Alphatronics NV
- Exhibit 119: Alphatronics NV - Overview
- Exhibit 120: Alphatronics NV - Product / Service
- Exhibit 121: Alphatronics NV - Key offerings

12.5 ARCUS USA Inc.
- Exhibit 122: ARCUS USA Inc. - Overview
- Exhibit 123: ARCUS USA Inc. - Product / Service
- Exhibit 124: ARCUS USA Inc. - Key offerings

12.6 D G Controls Ltd.
- Exhibit 125: D G Controls Ltd. - Overview
- Exhibit 126: D G Controls Ltd. - Product / Service
- Exhibit 127: D G Controls Ltd. - Key offerings

12.7 Econolite Control Products Inc.
- Exhibit 128: Econolite Control Products Inc. - Overview
- Exhibit 129: Econolite Control Products Inc. - Product / Service
- Exhibit 130: Econolite Control Products Inc. - Key offerings

12.8 Envoys Electronic Pvt. Ltd.
- Exhibit 131: Envoys Electronic Pvt. Ltd. - Overview
- Exhibit 132: Envoys Electronic Pvt. Ltd. - Product / Service
- Exhibit 133: Envoys Electronic Pvt. Ltd. - Key offerings

12.9 European Safety Systems Ltd.
- Exhibit 134: European Safety Systems Ltd. - Overview
- Exhibit 135: European Safety Systems Ltd. - Product / Service
- Exhibit 136: European Safety Systems Ltd. - Key offerings

12.10 Federal Signal Corp.
- Exhibit 137: Federal Signal Corp. - Overview
- Exhibit 138: Federal Signal Corp. - Business segments
- Exhibit 139: Federal Signal Corp. - Key offerings
- Exhibit 140: Federal Signal Corp. - Segment focus

12.11 General Electric Co.
- Exhibit 141: General Electric Co. - Overview
- Exhibit 142: General Electric Co. - Business segments
- Exhibit 143: General Electric Co. - Key news
- Exhibit 144: General Electric Co. - Key offerings
- Exhibit 145: General Electric Co. - Segment focus

12.12 Horizon Signal Technologies Inc.
- Exhibit 146: Horizon Signal Technologies Inc. - Overview
- Exhibit 147: Horizon Signal Technologies Inc. - Product / Service
- Exhibit 148: Horizon Signal Technologies Inc. - Key offerings

12.13 LITE ON Technology Corp.
- Exhibit 149: LITE ON Technology Corp. - Overview
- Exhibit 150: LITE ON Technology Corp. - Business segments
- Exhibit 151: LITE ON Technology Corp. - Key offerings
- Exhibit 152: LITE ON Technology Corp. - Segment focus

12.14 Pfannenberg Group Holding GmbH
- Exhibit 153: Pfannenberg Group Holding GmbH - Overview
- Exhibit 154: Pfannenberg Group Holding GmbH - Product / Service
- Exhibit 155: Pfannenberg Group Holding GmbH - Key offerings

12.15 SWARCO AG
- Exhibit 156: SWARCO AG - Overview
- Exhibit 157: SWARCO AG - Product / Service
- Exhibit 158: SWARCO AG - Key news
- Exhibit 159: SWARCO AG - Key offerings

12.16 Trafitronics India Pvt. Ltd.
- Exhibit 160: Trafitronics India Pvt. Ltd. - Overview
- Exhibit 161: Trafitronics India Pvt. Ltd. - Product / Service
- Exhibit 162: Trafitronics India Pvt. Ltd. - Key offerings

12.17 Ver Mac
- Exhibit 163: Ver Mac - Overview
- Exhibit 164: Ver Mac - Product / Service
- Exhibit 165: Ver Mac - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 166: Inclusions checklist
- Exhibit 167: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 168: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 169: Research methodology
- Exhibit 170: Validation techniques employed for market sizing
- Exhibit 171: Information sources

13.5 List of abbreviations
- Exhibit 172: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

Purchase Report

PURCHASE FULL REPORT OF

light-emitting diode (led) traffic signs and signals market

Buy Report - Single User License 2500 USD

QUICK BUY

Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

Why should you prefer Technavio's market insights report?

Off-the-shelf research reports
Reports can be tailored to meet the customer's needs
Trusted by more than 100 fortune 500 organizations
Information about the market's key drivers, trends, and challenges
Parent market analysis
Every week, 50,000 people visit our subscription platform
Detailed vendors report with competitive landscape
Covid-19 impact and recovery analysis
Data on revenue-generating market segments
Details on the market shares of various regions
Five-force market analysis