About Traffic Lights
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.
Technavio’s analysts forecast the global traffic lights market to grow at a CAGR of 6.04% during the period 2017-2021.
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
Technavio's 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
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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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
PART 13: Vendor landscape
• Competitive scenario
• Key vendor ranking
• Emerging vendors
• Other prominent vendors
PART 14: Key vendor analysis
• Federal Signal
• Econolite
• SWARCO
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Importance of traffic lights
Exhibit 03: Traffic lights: Modes of operation (fixed time vs vehicle actuation)
Exhibit 04: Global traffic lights market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global traffic lights market by product type
Exhibit 07: Global traffic lights market by product type 2016
Exhibit 08: Global traffic lights market by product type: CAGR 2016-2021
Exhibit 09: Global traffic lights market by product type 2021
Exhibit 10: Global traffic lights market for incandescent light 2016-2021 ($ millions)
Exhibit 11: Advantages of LED-based lights
Exhibit 12: Advantages of LED technology
Exhibit 13: Power consumption of LED vs incandescent traffic lights (Watts)
Exhibit 14: Global traffic lights market for LED light 2016-2021 ($ millions)
Exhibit 15: Global traffic lights market by product type 2016-2021 ($ millions)
Exhibit 16: Global traffic light market 2016
Exhibit 17: Global traffic lights market by geography: CAGR 2016-2021
Exhibit 18: Global traffic lights market 2021
Exhibit 19: Some major projects that are upcoming and ongoing in South America
Exhibit 20: Traffic lights market in Americas 2016-2021 ($ millions)
Exhibit 21: Key examples of road development activities in Africa
Exhibit 22: Traffic lights market in EMEA 2016-2021 ($ millions)
Exhibit 23: Road fatalities, injuries, and accidents in India 2014-2015
Exhibit 24: Traffic lights market in APAC 2016-2021 ($ millions)
Exhibit 25: Global traffic lights market by geography 2016-2021 ($ millions)
Exhibit 26: Increase in traffic deaths in four states of US 2014-2015
Exhibit 27: Number of fatalities in US roads by type of vehicle 2014-2015
Exhibit 28: Investments in transport infrastructure for top five countries 2015 ($ billions)
Exhibit 29: Impact on key customers
Exhibit 30: Benefits of optimized traffic light signaling
Exhibit 31: Examples of locations of traffic delays due to signal non-coordination
Exhibit 32: Drawbacks of non-coordinated traffic light signaling
Exhibit 33: Drawback of traffic lights during bad weather
Exhibit 34: Examples of rear-end collisions due to unnecessary installation at various locations
Exhibit 35: Impact of drivers and challenges
Exhibit 36: Advantages of LED-based traffic lights
Exhibit 37: Smart traffic lights and conventional traffic lights: CAGR 2016-2021
Exhibit 38: Vendors of portable traffic lights: Key examples
Exhibit 39: Advantages of portable traffic lights
Exhibit 40: Global traffic lights market: Key vendor ranking 2016
Exhibit 41: General Electric: Business segmentation 2016
Exhibit 42: Federal Signal: Business segmentation 2016
Exhibit 43: Econolite: Business segmentation 2016
Exhibit 44: SWARCO: Business segmentation 2016
