Press release
Traffic Signals Market 2022 Global Upcoming Trends, Growth, Size, Competitive Landscape, Opportunities And Challenges | SWARCO AG, Envoys, Federal Signal, DG Controls
Traffic Signals Market
The regions covered in the traffic signals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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The traffic signals market consists of sales of traffic signals and related services. They are used in safeguarding pedestrians and automobiles at busy intersections and prevents excessive traffic delays. Traffic signals, also known as traffic lights are signaling devices located at intersections between roads, pedestrian crossings and other locations to ensure safety in the orderly flow of traffic.
Key competitors in the traffic signals market are SWARCO AG, Envoys, Aldridge Traffic Systems, Federal Signal, DG Controls, Econolite Group, Horizon Signal Technologies, Arcus Light.
The global traffic signals market size is expected to grow from $23.60 billion in 2021 to $25.89 billion in 2022 at a compound annual growth rate (CAGR) of 9.7%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The traffic signal market is expected to reach $37.40 billion in 2026 at a CAGR of 9.6%.
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TBRC's report segments the global traffic signals market:
1) By Type of Power: Electric Power, Solar Energy
2) By Product Type: Portable, Stationary
3) By End-Use: Railway, Airport, Urban Traffic, Others
Read Further On The Traffic Signals Market Here:
https://www.thebusinessresearchcompany.com/report/traffic-signals-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Traffic Signals Market Characteristics
3. Traffic Signals Market Trends And Strategies
4. Impact Of COVID-19 On Traffic Signals
5. Traffic Signals Market Size And Growth
.....
28. Key Mergers And Acquisitions In The Traffic Signals Market
29. Traffic Signals Market Future Outlook And Potential Analysis
30. Appendix
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