LED Traffic Signals Market, Global Outlook and Forecast 2023-2028

Report ID: 1568757 | Published Date: Jan 2025 | No. of Page: 117 | Base Year: 2024 | Rating: 3.7 | Webstory: Check our Web story

LED traffic signals use high-brightness LEDs connected together to build a cluster consisting of hundreds of LEDs.
This report contains market size and forecasts of LED Traffic Signals in global, including the following market information:
Global LED Traffic Signals Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global LED Traffic Signals Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five LED Traffic Signals companies in 2021 (%)
The global LED Traffic Signals market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electric Power Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LED Traffic Signals include Swarco, Federal Signal, Econolite Group, Aldridge Traffic Systems, Alphatronics, Arcus Light, DG Controls, Envoys and General Electric, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LED Traffic Signals manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LED Traffic Signals Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Traffic Signals Market Segment Percentages, by Type, 2021 (%)
Electric Power
Solar Energy
Global LED Traffic Signals Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Traffic Signals Market Segment Percentages, by Application, 2021 (%)
Railway
Airport
UrbanTraffic
Others
Global LED Traffic Signals Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Traffic Signals Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LED Traffic Signals revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies LED Traffic Signals revenues share in global market, 2021 (%)
Key companies LED Traffic Signals sales in global market, 2017-2022 (Estimated), (K Units)
Key companies LED Traffic Signals sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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

Frequently Asked Questions
LED Traffic Signals Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
LED Traffic Signals Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
LED Traffic Signals Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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