Market Research Report
Global Traffic Lights Market 2017-2021
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||410478|
|Published||Content info||67 Pages
Delivery time: 1-2 business days
|Global Traffic Lights Market 2017-2021|
|Published: December 21, 2016||Content info: 67 Pages||
Traffic lights are an important element of traffic safety management to maintain safety on road for pedestrians and drivers. Increasing accidents and fatalities have driven the growth of the traffic lights market, as traffic lights provide drivers control on road and improve the flow of traffic. Another factor that has driven the growth of the market is the improvement in traffic flow regulations by traffic safety organizations by constantly upgrading and maintaining them and creating various pedestrian facilities, extra street lighting, traffic signal modifications, and signage marking improvements.
Technavio's analysts forecast the global traffic lights market to grow at a CAGR of 6.04% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global traffic lights market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of traffic lights (portable traffic lights and traffic lamps) at the manufacturer level.
The market is divided into the following segments based on geography:
Technavio's report, Global Traffic Lights 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.
You can request one free hour of our procurement specialist's time when you purchase this market report. Details are provided within the report.