Light-Emitting
Diode (LED) Traffic Signs and Signals Market will register a CAGR of %
during 2020-2024. The market’s growth momentum will Accelerate.
Increased investments toward road infrastructure development | Increasing
road traffic accidents | Accelerated adoption of LED traffic lights will be one
of the major factors driving the growth of this market. Additionally, key
Light-Emitting Diode (LED) Traffic Signs and Signals Market trends such as the
will also influence market growth during the forecast period.
Light-Emitting Diode (LED) Traffic Signs and Signals Market Size
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growth and the market share of various regions
During the forecast period, the Light-Emitting Diode (LED) Traffic Signs and
Signals Market size will grow by $ 356.63 million.
Light-Emitting Diode (LED) Traffic Signs and Signals Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of
competition among the companies in this market space will intensify further.
are some of the major companies in the Light-Emitting Diode (LED) Traffic Signs
and Signals Market. Though the forecast period offers opportunities for vendors
to increase their market share, factors such as the Improper installation
and malfunctioning of traffic signs and signals | Negative impact of weather on
traffic lights | Risk of errors and security breach will also challenge
the growth of the companies.
Alphatronics NV | Econolite | Federal Signal Corp. | GE Current a
Daintree Co. | Peek Traffic Corp. | Sinowatcher Technology Co. Ltd. | SWARCO AG
| Trafitronics India Pvt. Ltd. | Ver-Mac | WERMA Signaltechnik GmbH.list
are some of the companies covered in Technavio’s Light-Emitting Diode (LED)
Traffic Signs and Signals Market report for 2020-2024.
Light-Emitting Diode (LED) Traffic Signs and Signals Market : Region-level
Analysis
The report identifies region-level market dynamics, developments, and key
markets. The regional level analysis also identifies the market share, growth
momentum, and key leading countries in the Light-Emitting Diode (LED) Traffic
Signs and Signals Market.
The North America will account for the largest Light-Emitting Diode (LED)
Traffic Signs and Signals Market share and during 2020-2024, the region
will contribute to 33% of the market’s growth.
In addition to regions and the key companies involved, Technavio’s
Light-Emitting Diode (LED) Traffic Signs and Signals Market report also
analyzes the market by LED traffic signals | LED traffic signs | North America |
Europe | APAC | South America | MEA.comma
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tailored Light-Emitting Diode (LED) Traffic Signs and Signals
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