Smart Traffic Signals Market, Global Outlook and Forecast 2024-2030
This report aims to provide a comprehensive presentation of the global market for Smart Traffic Signals, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Traffic Signals. This report contains market size and forecasts of Smart Traffic Signals in global, including the following market information:
Global Smart Traffic Signals Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
The global Smart Traffic Signals market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is to reach $ Million.
Traffic Light Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Smart Traffic Signals include Dialight, Econolite, Siemens Mobility, Swarco Group (McCain), Sinowatcher, Kyosan, Hikvision, Sumitomo Electric Industries and Rapid Flow Technologies, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
We surveyed the Smart Traffic Signals companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Traffic Signals Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Smart Traffic Signals Market Segment Percentages, by Type, 2023 (%)
Traffic Light
Control System
Global Smart Traffic Signals Market, by Application, 2019-2024, 2025-2030 ($ millions)
Global Smart Traffic Signals Market Segment Percentages, by Application, 2023 (%)
Urban
Rural
Global Smart Traffic Signals Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Smart Traffic Signals Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Traffic Signals revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Smart Traffic Signals revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Dialight
Econolite
Siemens Mobility
Swarco Group (McCain)
Sinowatcher
Kyosan
Hikvision
Sumitomo Electric Industries
Rapid Flow Technologies
Blyncsy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Traffic Signals, market overview.
Chapter 2: Global Smart Traffic Signals market size in revenue.
Chapter 3: Detailed analysis of Smart Traffic Signals company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Traffic Signals in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
