Press release
Global Traffic Safety Equipment Industrial and Market studies 2017-2021
Description-
About Traffic Safety Equipment
Traffic safety equipment plays a crucial role in road safety management. It is essential to maintain safety on the roads for pedestrians, as well as drivers. Increasing accidents and fatalities are driving the demand for traffic safety equipment. Another factor driving this demand is the rise in transport infrastructure investment worldwide to improve the operational performance of road transport, including traffic management, vehicle tracking, and additional road networks. APAC will have the largest transport infrastructure market with an investment increasing from $500 billion per year to nearly $850 billion per year by 2025.
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Technavios analysts forecast the global traffic safety equipment market to grow at a CAGR of 6.60% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global traffic safety equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of traffic safety equipment.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Traffic Safety Equipment 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
3M
Ergodyne
Honeywell
Other prominent vendors
Emedco
Evelux USA
MCR Safety
Pexco Davidson Traffic Control Products
Roadtech Manufacturing
RoadSafe Traffic Systems
SWARCO
Tamis Corporation
The Cortina Companies
TrafFix Devices
Market driver
Increasing road accidents
For a full, detailed list, view our report
Market challenge
Negative impact of weather on traffic safety products
For a full, detailed list, view our report
Market trend
Introduction of technologically advanced safety vests
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?
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