Global Traffic Signals Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

The Traffic Signals Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Traffic Signals Market Size and Projected Growth Rate?
The market size of traffic signals has experienced significant growth in the past few years. Its size is projected to expand from $27.35 billion in 2024 to $29.05 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%. The historical growth rate can be credited to robust economic advancement in emerging markets, the implementation of new traffic signals for enhancing traffic regulation and safety, and heightened investment into the development of road infrastructure.

Anticipated robust expansion in the traffic signals market size from the near future is expected, with projections suggesting a growth up to $36.54 billion by 2029, fueled by a compound annual growth rate (CAGR) of 5.9%. The anticipated surge during the forecast period is linked with escalating urbanization, a spike in road traffic mishaps, and an upswing in flight traffic. Key anticipated trends during the same timeframe encompass the emphasis on LED technologies for enhanced brightness, reduced energy consumption, and extended longevity, utilization of artificial intelligence for traffic congestion surveillance and traffic management support, as well as architects of virtual traffic light systems geared to mitigate the need for stop light waiting.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2781

What Are the Major Segments in the Traffic Signals Market?
The traffic signals market covered in this report is segmented -

1) By Type Of Power: Electric Power, Solar Energy
2) By Product Type: Portable, Stationary
3) By End-User: Railway, Airport, Urban Traffic, Other End Users

Subsegments:
1) By Electric Power: Conventional Electric Traffic Signals, LED Traffic Signals Powered By Electricity, Smart Traffic Signals Connected To The Power Grid
2) By Solar Energy: Solar-powered Traffic Signals, Hybrid Systems (Solar And Electric), Standalone Solar Traffic Lights For Remote Locations

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2781&type=smp

What Are The Driving Traffic Signals Market Evolution?
The augmentation of the traffic signals market can be largely attributed to the installation of new traffic signals aimed at improving traffic speed and minimizing accidents. Traffic signals, which are signalling systems positioned at intersections and pedestrian crossings to regulate traffic movement, play a critical role in this scenario. In May 2023, for example, The Nevada Department of Transportation, a government entity in the US, embarked on a project to introduce a new traffic signal and refurbish U.S. 50. The initiative is set to boost safety and mobility on the highway corridor, which receives roughly 19,000 vehicles each day. This surge in installing new traffic signals has sparked increased demand in the traffic signals market, propelling its growth.

Which Firms Dominate The Traffic Signals Market Segments?
Major companies operating in the traffic signals market include LITE-ON Technology Corp, Econolite Group, Oriux, Swarco AG, Traffic Technologies Ltd, North America Traffic, Ver-Mac, ARCUS USA Inc, D G Controls Ltd, Alphatronics NV, Kyosan Electric Mfg. Co. Ltd., Envoys Electronic Pvt. Ltd, Sumitomo Electric Industries, Ltd., Trafitek Solutions Pvt Ltd, Efkon India Pvt., ITS Planners and Engineers, Microtrans Infratech Pvt. Ltd, Onnyx Electronisys Pvt. Ltd, Pfannenberg Group Holding, BELFOX Torautomatik GmbH, Dialight, SRL, E2S Warning Signals, Johnson Controls, ELINTEL, La Semaforica srl, CROSS Zlín, a.s, SEA Company, Federal Signal, McCain Traffic Systems, K2 Traffic Engineering, Inc, Horizon Signal Technologies, General Electric, Leotek Electronics USA LLC, Peek Traffic, WERMA, Traffic Safety Corp, Pat-Traffic / IRD Argentina, BBE Led, SMB Safety Equipment Manufacturing LLC, Mtp Traffic Sign LLC, Automotor Traffic Signal Co, Zama Traffic Signals, TSA International, Syntell (Pty) Ltd

What Trends Are Expected to Dominate the Traffic Signals Market in the Next 5 Years?
In the realm of traffic signals, artificial intelligence (AI) is being recognized as an up-and-coming game changer. AI-innovated traffic signals can potentially alleviate traffic jams. AI is essentially the replication of human cognitive abilities in machines, enabling them to carry out tasks that usually need human intellect, like visual comprehension, auditory perception, making decisions, and translating languages. For instance, in June 2022, Artificial intelligence was put into effect when the Greater Hyderabad Muncipal Corporation (GHMC) launched Adaptive Traffic Signal Control (ATSC) systems that adjust the traffic signal colors according to updated traffic information. This ATSC system cuts down on delays by blending local and network-level adjustment to improve traffic movement on the main city routes. The Centre for Development of Advanced Computing (C-DAC) developed the Composite Signal Control Strategy (CoSiCoSt), a new adaptive control method. The CoSiCoSt adapts the cycle times, green splits, and offsets in conjunction with neighboring intersections to manage traffic across a wide area in real-time.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/traffic-signals-global-market-report

Which Is The Largest Region In The Traffic Signals Market?
Asia-Pacific was the largest region in the traffic signals market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global traffic signals market report during the forecast period. The regions covered in the traffic signals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Traffic Signals Market?
2. What is the CAGR expected in the Traffic Signals Market?
3. What Are the Key Innovations Transforming the Traffic Signals Industry?
4. Which Region Is Leading the Traffic Signals Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.