Press release
Road Traffic Signs market is expected to grow at 4.2% CAGR from 2023 to 2029: Cognitive Market Research
Road Traffic Signs market is expected to grow at 4.2% CAGR from 2023 to 2029: Cognitive Market Research
Road traffic signs uses different shapes, signs, color, words and symbols to communicate and pass message to drivers, traffic police or manager, and individual roaming around. Road traffic sign are also used for other applications such as directional uses at airports. The main purpose of road traffic signs is to regulate traffic flow, provide direction, and warn of potential hazards on the road. Apart from regulations and traffic applications, these signs also provide information of rest areas, tourist attractions, and historical markers.
To know more about Road Traffic Signs Market statistics click here: https://www.cognitivemarketresearch.com/road-traffic-signs-market-report
Market Dynamics
Migration of people from rural parts to the urban parts has been greatly increased in near past years. Availability of jobs, business opportunities, better education, higher standard of life are the factors which make the rural population attract towards the urban zones. This creates massive pressure on transportation system that needs proper regulation. Increasing saturation of vehicles day by day coupled with rising traffic congestion increases the demand of road traffic signs. In addition, rising demand of road traffic signs from driving training institute due to the rising disposable income and purchasing capacity of vehicles expected to drive the overall growth of the road traffic signs market.
Market Segmentation;
By Type
• Above 2 Sqm
• Between 1-2 Sqm
• Below 1 Sqm
By Material
• Stainless Steel
• Aluminium
• Plastics
• LED traffic signs
• Others
By Application
• Guide & Direction Signs
• Warning Signs
• Regulatory Signs
• Others
By End-user
• Urban traffic
• Railway
• Airport
• Others
The Major Players Road Traffic Signs Market are:
USA Traffic Signs, Swarco Traffic, Novelis, McCain, 3M, Lacroix Group, Traffic Signs NZ, Rennicks, Traffic Tech, William Smith, RAI Products, Segnaletica, Elderlee, Traffic Signs & Safety, Lyle Signs, Feiyao Jiao Tong, Haowei Traffic, Schwab Label Factory, Shanghai Luhao, Changeda Traffic
To know more The Road Traffic Signs market TOC click here: https://www.cognitivemarketresearch.com/road-traffic-signs-market-report
News:
• November 22, 2022
U.S. Federal government ordered removal of New Jersey's witty highway signs.
• August 24, 2022,
The Integrated Traffic Management System (ITMS) was launched in Guwahati, India by the Government under smart city programme.
• May 16, 2022
Chief Minister of Uttar Pradesh, India has recently announced the launch of a state-wide road safety campaign in the state.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Road Traffic Signs Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Road Traffic Signs Market Overview
• 4.1 Introduction
• 4.2 Global Road Traffic Signs Market Statistics by Regions (2018-2030)
4.2.1 North America Road Traffic Signs Status and Prospect (2018-2030)
4.2.2 Europe Road Traffic Signs Status and Prospect (2018-2030)
4.2.3 Asia Pacific Road Traffic Signs Status and Prospect (2018-2030)
4.2.4 Latin America Road Traffic Signs Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Road Traffic Signs Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Road Traffic Signs Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Road Traffic Signs Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Road Traffic Signs Market Regional Analysis
Chapter 11 North America Road Traffic Signs Market Outlook (2018 - 2030)
Chapter 12 Europe Road Traffic Signs Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Road Traffic Signs Market Outlook (2018 - 2030)
Chapter 14 Latin America Road Traffic Signs Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Road Traffic Signs Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more The Road Traffic Signs market TOC click here: https://www.cognitivemarketresearch.com/road-traffic-signs-market-report#table_of_contents
Regional Analysis:
Geographically, the global market is divided into North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America region is further bifurcated into U.S., Canada, Mexico. The Europe region is further characterized into U.K., France, Germany, and Rest of Europe. Asia Pacific is further divided into China, Japan, India, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, and Rest of Latin America. Middle East & Africa region covers the UAE, South Africa, and Rest of MEA. Asia Pacific is expected to be the fastest growing region due to the rising investment in infrastructure development, government initiatives, and strict policies for traffic management in the region.
Related Reports:
• Road Traffic Safety Market - https://www.cognitivemarketresearch.com/road-traffic-safety-market-report
• Road Traffic Simulation Software - https://www.cognitivemarketresearch.com/road-traffic-simulation-software-market-report
• Road Traffic Signal Light Market - https://www.cognitivemarketresearch.com/road-traffic-signal-light-market-report
• Road Traffic Signal Controller Market - https://www.cognitivemarketresearch.com/road-traffic-signal-controller-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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