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Global LED Traffic Signals Market Research Report 2024
Synopsis
LED traffic signals use high-brightness LEDs connected together to build a cluster consisting of hundreds of LEDs.
The global LED Traffic Signals market was valued at US$ 561.4 million in 2023 and is anticipated to reach US$ 750.7 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
This report aims to provide a comprehensive presentation of the global market for LED 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 LED Traffic Signals.
Report Scope
The LED Traffic Signals market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global LED Traffic Signals market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the LED Traffic Signals manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Swarco
Federal Signal
Econolite Group
Aldridge Traffic Systems
Alphatronics
Arcus Light
DG Controls
Envoys
General Electric
Horizon Signal Technologies
Leotek
Peek Traffic
Pfannenberg
Sinowatcher Technology
Trafitronics India
Segment by Type
Electric Power
Solar Energy
Segment by Application
Railway
Airport
UrbanTraffic
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of LED Traffic Signals manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of LED Traffic Signals by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of LED 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
LED traffic signals use high-brightness LEDs connected together to build a cluster consisting of hundreds of LEDs.
The global LED Traffic Signals market was valued at US$ 561.4 million in 2023 and is anticipated to reach US$ 750.7 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
This report aims to provide a comprehensive presentation of the global market for LED 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 LED Traffic Signals.
Report Scope
The LED Traffic Signals market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global LED Traffic Signals market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the LED Traffic Signals manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Swarco
Federal Signal
Econolite Group
Aldridge Traffic Systems
Alphatronics
Arcus Light
DG Controls
Envoys
General Electric
Horizon Signal Technologies
Leotek
Peek Traffic
Pfannenberg
Sinowatcher Technology
Trafitronics India
Segment by Type
Electric Power
Solar Energy
Segment by Application
Railway
Airport
UrbanTraffic
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of LED Traffic Signals manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of LED Traffic Signals by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of LED 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 LED Traffic Signals Market Overview
1.1 Product Definition
1.2 LED Traffic Signals Segment by Type
1.2.1 Global LED Traffic Signals Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Electric Power
1.2.3 Solar Energy
1.3 LED Traffic Signals Segment by Application
1.3.1 Global LED Traffic Signals Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Railway
1.3.3 Airport
1.3.4 UrbanTraffic
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global LED Traffic Signals Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global LED Traffic Signals Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global LED Traffic Signals Production Estimates and Forecasts (2019-2030)
1.4.4 Global LED Traffic Signals Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global LED Traffic Signals Production Market Share by Manufacturers (2019-2024)
2.2 Global LED Traffic Signals Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of LED Traffic Signals, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global LED Traffic Signals Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global LED Traffic Signals Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of LED Traffic Signals, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of LED Traffic Signals, Product Offered and Application
2.8 Global Key Manufacturers of LED Traffic Signals, Date of Enter into This Industry
2.9 LED Traffic Signals Market Competitive Situation and Trends
2.9.1 LED Traffic Signals Market Concentration Rate
2.9.2 Global 5 and 10 Largest LED Traffic Signals Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 LED Traffic Signals Production by Region
3.1 Global LED Traffic Signals Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global LED Traffic Signals Production Value by Region (2019-2030)
3.2.1 Global LED Traffic Signals Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of LED Traffic Signals by Region (2025-2030)
3.3 Global LED Traffic Signals Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global LED Traffic Signals Production by Region (2019-2030)
3.4.1 Global LED Traffic Signals Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of LED Traffic Signals by Region (2025-2030)
3.5 Global LED Traffic Signals Market Price Analysis by Region (2019-2024)
3.6 Global LED Traffic Signals Production and Value, Year-over-Year Growth
3.6.1 North America LED Traffic Signals Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe LED Traffic Signals Production Value Estimates and Forecasts (2019-2030)
3.6.3 China LED Traffic Signals Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan LED Traffic Signals Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea LED Traffic Signals Production Value Estimates and Forecasts (2019-2030)
4 LED Traffic Signals Consumption by Region
4.1 Global LED Traffic Signals Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global LED Traffic Signals Consumption by Region (2019-2030)
4.2.1 Global LED Traffic Signals Consumption by Region (2019-2024)
4.2.2 Global LED Traffic Signals Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America LED Traffic Signals Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America LED Traffic Signals Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe LED Traffic Signals Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe LED Traffic Signals Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific LED Traffic Signals Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific LED Traffic Signals Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa LED Traffic Signals Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa LED Traffic Signals Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global LED Traffic Signals Production by Type (2019-2030)
5.1.1 Global LED Traffic Signals Production by Type (2019-2024)
5.1.2 Global LED Traffic Signals Production by Type (2025-2030)
5.1.3 Global LED Traffic Signals Production Market Share by Type (2019-2030)
5.2 Global LED Traffic Signals Production Value by Type (2019-2030)
5.2.1 Global LED Traffic Signals Production Value by Type (2019-2024)
5.2.2 Global LED Traffic Signals Production Value by Type (2025-2030)
5.2.3 Global LED Traffic Signals Production Value Market Share by Type (2019-2030)
5.3 Global LED Traffic Signals Price by Type (2019-2030)
6 Segment by Application
6.1 Global LED Traffic Signals Production by Application (2019-2030)
6.1.1 Global LED Traffic Signals Production by Application (2019-2024)
6.1.2 Global LED Traffic Signals Production by Application (2025-2030)
6.1.3 Global LED Traffic Signals Production Market Share by Application (2019-2030)
6.2 Global LED Traffic Signals Production Value by Application (2019-2030)
6.2.1 Global LED Traffic Signals Production Value by Application (2019-2024)
6.2.2 Global LED Traffic Signals Production Value by Application (2025-2030)
6.2.3 Global LED Traffic Signals Production Value Market Share by Application (2019-2030)
6.3 Global LED Traffic Signals Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Swarco
7.1.1 Swarco LED Traffic Signals Corporation Information
7.1.2 Swarco LED Traffic Signals Product Portfolio
7.1.3 Swarco LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Swarco Main Business and Markets Served
7.1.5 Swarco Recent Developments/Updates
7.2 Federal Signal
7.2.1 Federal Signal LED Traffic Signals Corporation Information
7.2.2 Federal Signal LED Traffic Signals Product Portfolio
7.2.3 Federal Signal LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Federal Signal Main Business and Markets Served
7.2.5 Federal Signal Recent Developments/Updates
7.3 Econolite Group
7.3.1 Econolite Group LED Traffic Signals Corporation Information
7.3.2 Econolite Group LED Traffic Signals Product Portfolio
7.3.3 Econolite Group LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Econolite Group Main Business and Markets Served
7.3.5 Econolite Group Recent Developments/Updates
7.4 Aldridge Traffic Systems
7.4.1 Aldridge Traffic Systems LED Traffic Signals Corporation Information
7.4.2 Aldridge Traffic Systems LED Traffic Signals Product Portfolio
7.4.3 Aldridge Traffic Systems LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Aldridge Traffic Systems Main Business and Markets Served
7.4.5 Aldridge Traffic Systems Recent Developments/Updates
7.5 Alphatronics
7.5.1 Alphatronics LED Traffic Signals Corporation Information
7.5.2 Alphatronics LED Traffic Signals Product Portfolio
7.5.3 Alphatronics LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Alphatronics Main Business and Markets Served
7.5.5 Alphatronics Recent Developments/Updates
7.6 Arcus Light
7.6.1 Arcus Light LED Traffic Signals Corporation Information
7.6.2 Arcus Light LED Traffic Signals Product Portfolio
7.6.3 Arcus Light LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Arcus Light Main Business and Markets Served
7.6.5 Arcus Light Recent Developments/Updates
7.7 DG Controls
7.7.1 DG Controls LED Traffic Signals Corporation Information
7.7.2 DG Controls LED Traffic Signals Product Portfolio
7.7.3 DG Controls LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.7.4 DG Controls Main Business and Markets Served
7.7.5 DG Controls Recent Developments/Updates
7.8 Envoys
7.8.1 Envoys LED Traffic Signals Corporation Information
7.8.2 Envoys LED Traffic Signals Product Portfolio
7.8.3 Envoys LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Envoys Main Business and Markets Served
7.7.5 Envoys Recent Developments/Updates
7.9 General Electric
7.9.1 General Electric LED Traffic Signals Corporation Information
7.9.2 General Electric LED Traffic Signals Product Portfolio
7.9.3 General Electric LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.9.4 General Electric Main Business and Markets Served
7.9.5 General Electric Recent Developments/Updates
7.10 Horizon Signal Technologies
7.10.1 Horizon Signal Technologies LED Traffic Signals Corporation Information
7.10.2 Horizon Signal Technologies LED Traffic Signals Product Portfolio
7.10.3 Horizon Signal Technologies LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Horizon Signal Technologies Main Business and Markets Served
7.10.5 Horizon Signal Technologies Recent Developments/Updates
7.11 Leotek
7.11.1 Leotek LED Traffic Signals Corporation Information
7.11.2 Leotek LED Traffic Signals Product Portfolio
7.11.3 Leotek LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Leotek Main Business and Markets Served
7.11.5 Leotek Recent Developments/Updates
7.12 Peek Traffic
7.12.1 Peek Traffic LED Traffic Signals Corporation Information
7.12.2 Peek Traffic LED Traffic Signals Product Portfolio
7.12.3 Peek Traffic LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Peek Traffic Main Business and Markets Served
7.12.5 Peek Traffic Recent Developments/Updates
7.13 Pfannenberg
7.13.1 Pfannenberg LED Traffic Signals Corporation Information
7.13.2 Pfannenberg LED Traffic Signals Product Portfolio
7.13.3 Pfannenberg LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Pfannenberg Main Business and Markets Served
7.13.5 Pfannenberg Recent Developments/Updates
7.14 Sinowatcher Technology
7.14.1 Sinowatcher Technology LED Traffic Signals Corporation Information
7.14.2 Sinowatcher Technology LED Traffic Signals Product Portfolio
7.14.3 Sinowatcher Technology LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Sinowatcher Technology Main Business and Markets Served
7.14.5 Sinowatcher Technology Recent Developments/Updates
7.15 Trafitronics India
7.15.1 Trafitronics India LED Traffic Signals Corporation Information
7.15.2 Trafitronics India LED Traffic Signals Product Portfolio
7.15.3 Trafitronics India LED Traffic Signals Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Trafitronics India Main Business and Markets Served
7.15.5 Trafitronics India Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 LED Traffic Signals Industry Chain Analysis
8.2 LED Traffic Signals Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 LED Traffic Signals Production Mode & Process
8.4 LED Traffic Signals Sales and Marketing
8.4.1 LED Traffic Signals Sales Channels
8.4.2 LED Traffic Signals Distributors
8.5 LED Traffic Signals Customers
9 LED Traffic Signals Market Dynamics
9.1 LED Traffic Signals Industry Trends
9.2 LED Traffic Signals Market Drivers
9.3 LED Traffic Signals Market Challenges
9.4 LED Traffic Signals Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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