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Variable Message Signs for Intelligent Transportation System-Global Market Insights and Sales Trends 2024
Synopsis
Variable Message Signs (VMS) are digital road signs used to inform car drivers about specific temporary events and real-time traffic conditions. The signs are often linked to a manned control centre via a local network or a radio link.
The global Variable Message Signs for Intelligent Transportation System market size is expected to reach US$ 1248.3 million by 2029, growing at a CAGR of 7.9% from 2023 to 2029. The market is mainly driven by the significant applications of Variable Message Signs for Intelligent Transportation System in various end use industries. The expanding demands from the Railways, Airports, Roadways and Others, are propelling Variable Message Signs for Intelligent Transportation System market. Electro-Mechanical Signs, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reflective Flip-Disk Signs segment is estimated at % CAGR for the next seven-year period.
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Variable Message Signs for Intelligent Transportation System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Variable Message Signs for Intelligent Transportation System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Variable Message Signs for Intelligent Transportation System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Variable Message Signs for Intelligent Transportation System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Variable Message Signs for Intelligent Transportation System covered in this report include 3M Company, Daktronics, Triplesign System, Valmont Industries, Onyx Electronics, Efftronics Systems, SWARCO Group, Skyline Products and Wanco, etc.
The global Variable Message Signs for Intelligent Transportation System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
3M Company
Daktronics
Triplesign System
Valmont Industries
Onyx Electronics
Efftronics Systems
SWARCO Group
Skyline Products
Wanco
McCain
Yaham Optoelectronics
Global Variable Message Signs for Intelligent Transportation System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Variable Message Signs for Intelligent Transportation System market, Segment by Type:
Electro-Mechanical Signs
Reflective Flip-Disk Signs
Light Emitting Signs
Global Variable Message Signs for Intelligent Transportation System market, by Application
Railways
Airports
Roadways
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Variable Message Signs for Intelligent Transportation System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Variable Message Signs (VMS) are digital road signs used to inform car drivers about specific temporary events and real-time traffic conditions. The signs are often linked to a manned control centre via a local network or a radio link.
The global Variable Message Signs for Intelligent Transportation System market size is expected to reach US$ 1248.3 million by 2029, growing at a CAGR of 7.9% from 2023 to 2029. The market is mainly driven by the significant applications of Variable Message Signs for Intelligent Transportation System in various end use industries. The expanding demands from the Railways, Airports, Roadways and Others, are propelling Variable Message Signs for Intelligent Transportation System market. Electro-Mechanical Signs, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Reflective Flip-Disk Signs segment is estimated at % CAGR for the next seven-year period.
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Variable Message Signs for Intelligent Transportation System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Variable Message Signs for Intelligent Transportation System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Variable Message Signs for Intelligent Transportation System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Variable Message Signs for Intelligent Transportation System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Variable Message Signs for Intelligent Transportation System covered in this report include 3M Company, Daktronics, Triplesign System, Valmont Industries, Onyx Electronics, Efftronics Systems, SWARCO Group, Skyline Products and Wanco, etc.
The global Variable Message Signs for Intelligent Transportation System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
3M Company
Daktronics
Triplesign System
Valmont Industries
Onyx Electronics
Efftronics Systems
SWARCO Group
Skyline Products
Wanco
McCain
Yaham Optoelectronics
Global Variable Message Signs for Intelligent Transportation System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Variable Message Signs for Intelligent Transportation System market, Segment by Type:
Electro-Mechanical Signs
Reflective Flip-Disk Signs
Light Emitting Signs
Global Variable Message Signs for Intelligent Transportation System market, by Application
Railways
Airports
Roadways
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Variable Message Signs for Intelligent Transportation System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Variable Message Signs for Intelligent Transportation System
1.1 Variable Message Signs for Intelligent Transportation System Market Overview
1.1.1 Variable Message Signs for Intelligent Transportation System Product Scope
1.1.2 Variable Message Signs for Intelligent Transportation System Market Status and Outlook
1.2 Global Variable Message Signs for Intelligent Transportation System Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Variable Message Signs for Intelligent Transportation System Market Size by Region (2018-2029)
1.4 Global Variable Message Signs for Intelligent Transportation System Historic Market Size by Region (2018-2023)
1.5 Global Variable Message Signs for Intelligent Transportation System Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Variable Message Signs for Intelligent Transportation System Market Size (2018-2029)
1.6.1 North America Variable Message Signs for Intelligent Transportation System Market Size (2018-2029)
1.6.2 Europe Variable Message Signs for Intelligent Transportation System Market Size (2018-2029)
1.6.3 Asia-Pacific Variable Message Signs for Intelligent Transportation System Market Size (2018-2029)
1.6.4 Latin America Variable Message Signs for Intelligent Transportation System Market Size (2018-2029)
1.6.5 Middle East & Africa Variable Message Signs for Intelligent Transportation System Market Size (2018-2029)
2 Variable Message Signs for Intelligent Transportation System Market by Type
2.1 Introduction
2.1.1 Electro-Mechanical Signs
2.1.2 Reflective Flip-Disk Signs
2.1.3 Light Emitting Signs
2.2 Global Variable Message Signs for Intelligent Transportation System Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Variable Message Signs for Intelligent Transportation System Historic Market Size by Type (2018-2023)
2.2.2 Global Variable Message Signs for Intelligent Transportation System Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Variable Message Signs for Intelligent Transportation System Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Variable Message Signs for Intelligent Transportation System Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Variable Message Signs for Intelligent Transportation System Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Variable Message Signs for Intelligent Transportation System Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Variable Message Signs for Intelligent Transportation System Revenue Breakdown by Type (2018-2029)
3 Variable Message Signs for Intelligent Transportation System Market Overview by Application
3.1 Introduction
3.1.1 Railways
3.1.2 Airports
3.1.3 Roadways
3.1.4 Others
3.2 Global Variable Message Signs for Intelligent Transportation System Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Variable Message Signs for Intelligent Transportation System Historic Market Size by Application (2018-2023)
3.2.2 Global Variable Message Signs for Intelligent Transportation System Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Variable Message Signs for Intelligent Transportation System Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Variable Message Signs for Intelligent Transportation System Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Variable Message Signs for Intelligent Transportation System Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Variable Message Signs for Intelligent Transportation System Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Variable Message Signs for Intelligent Transportation System Revenue Breakdown by Application (2018-2029)
4 Variable Message Signs for Intelligent Transportation System Competition Analysis by Players
4.1 Global Variable Message Signs for Intelligent Transportation System Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Variable Message Signs for Intelligent Transportation System as of 2022)
4.3 Date of Key Players Enter into Variable Message Signs for Intelligent Transportation System Market
4.4 Global Top Players Variable Message Signs for Intelligent Transportation System Headquarters and Area Served
4.5 Key Players Variable Message Signs for Intelligent Transportation System Product Solution and Service
4.6 Competitive Status
4.6.1 Variable Message Signs for Intelligent Transportation System Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 3M Company
5.1.1 3M Company Profile
5.1.2 3M Company Main Business
5.1.3 3M Company Variable Message Signs for Intelligent Transportation System Products, Services and Solutions
5.1.4 3M Company Variable Message Signs for Intelligent Transportation System Revenue (US$ Million) & (2018-2023)
5.1.5 3M Company Recent Developments
5.2 Daktronics
5.2.1 Daktronics Profile
5.2.2 Daktronics Main Business
5.2.3 Daktronics Variable Message Signs for Intelligent Transportation System Products, Services and Solutions
5.2.4 Daktronics Variable Message Signs for Intelligent Transportation System Revenue (US$ Million) & (2018-2023)
5.2.5 Daktronics Recent Developments
5.3 Triplesign System
5.3.1 Triplesign System Profile
5.3.2 Triplesign System Main Business
5.3.3 Triplesign System Variable Message Signs for Intelligent Transportation System Products, Services and Solutions
5.3.4 Triplesign System Variable Message Signs for Intelligent Transportation System Revenue (US$ Million) & (2018-2023)
5.3.5 Valmont Industries Recent Developments
5.4 Valmont Industries
5.4.1 Valmont Industries Profile
5.4.2 Valmont Industries Main Business
5.4.3 Valmont Industries Variable Message Signs for Intelligent Transportation System Products, Services and Solutions
5.4.4 Valmont Industries Variable Message Signs for Intelligent Transportation System Revenue (US$ Million) & (2018-2023)
5.4.5 Valmont Industries Recent Developments
5.5 Onyx Electronics
5.5.1 Onyx Electronics Profile
5.5.2 Onyx Electronics Main Business
5.5.3 Onyx Electronics Variable Message Signs for Intelligent Transportation System Products, Services and Solutions
5.5.4 Onyx Electronics Variable Message Signs for Intelligent Transportation System Revenue (US$ Million) & (2018-2023)
5.5.5 Onyx Electronics Recent Developments
5.6 Efftronics Systems
5.6.1 Efftronics Systems Profile
5.6.2 Efftronics Systems Main Business
5.6.3 Efftronics Systems Variable Message Signs for Intelligent Transportation System Products, Services and Solutions
5.6.4 Efftronics Systems Variable Message Signs for Intelligent Transportation System Revenue (US$ Million) & (2018-2023)
5.6.5 Efftronics Systems Recent Developments
5.7 SWARCO Group
5.7.1 SWARCO Group Profile
5.7.2 SWARCO Group Main Business
5.7.3 SWARCO Group Variable Message Signs for Intelligent Transportation System Products, Services and Solutions
5.7.4 SWARCO Group Variable Message Signs for Intelligent Transportation System Revenue (US$ Million) & (2018-2023)
5.7.5 SWARCO Group Recent Developments
5.8 Skyline Products
5.8.1 Skyline Products Profile
5.8.2 Skyline Products Main Business
5.8.3 Skyline Products Variable Message Signs for Intelligent Transportation System Products, Services and Solutions
5.8.4 Skyline Products Variable Message Signs for Intelligent Transportation System Revenue (US$ Million) & (2018-2023)
5.8.5 Skyline Products Recent Developments
5.9 Wanco
5.9.1 Wanco Profile
5.9.2 Wanco Main Business
5.9.3 Wanco Variable Message Signs for Intelligent Transportation System Products, Services and Solutions
5.9.4 Wanco Variable Message Signs for Intelligent Transportation System Revenue (US$ Million) & (2018-2023)
5.9.5 Wanco Recent Developments
5.10 McCain
5.10.1 McCain Profile
5.10.2 McCain Main Business
5.10.3 McCain Variable Message Signs for Intelligent Transportation System Products, Services and Solutions
5.10.4 McCain Variable Message Signs for Intelligent Transportation System Revenue (US$ Million) & (2018-2023)
5.10.5 McCain Recent Developments
5.11 Yaham Optoelectronics
5.11.1 Yaham Optoelectronics Profile
5.11.2 Yaham Optoelectronics Main Business
5.11.3 Yaham Optoelectronics Variable Message Signs for Intelligent Transportation System Products, Services and Solutions
5.11.4 Yaham Optoelectronics Variable Message Signs for Intelligent Transportation System Revenue (US$ Million) & (2018-2023)
5.11.5 Yaham Optoelectronics Recent Developments
6 North America
6.1 North America Variable Message Signs for Intelligent Transportation System Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Variable Message Signs for Intelligent Transportation System Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Variable Message Signs for Intelligent Transportation System Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Variable Message Signs for Intelligent Transportation System Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Variable Message Signs for Intelligent Transportation System Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Variable Message Signs for Intelligent Transportation System Market Dynamics
11.1 Variable Message Signs for Intelligent Transportation System Industry Trends
11.2 Variable Message Signs for Intelligent Transportation System Market Drivers
11.3 Variable Message Signs for Intelligent Transportation System Market Challenges
11.4 Variable Message Signs for Intelligent Transportation System Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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