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Traffic Signal Control System-Global Market Insights and Sales Trends 2025
Synopsis
The global Traffic Signal Control System market size is expected to reach US$ 1209.3 million by 2029, growing at a CAGR of 5.7% from 2023 to 2029. The market is mainly driven by the significant applications of Traffic Signal Control System in various end use industries. The expanding demands from the Urban Traffic, Inter-urban, Public Transport and Freeway, are propelling Traffic Signal Control System market. Camera, 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 Signal segment is estimated at % CAGR for the next seven-year period.
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.
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 Traffic Signal Control 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 Traffic Signal Control 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 Traffic Signal Control System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Traffic Signal Control 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 Traffic Signal Control System covered in this report include Siemens, Atkins, Swarco Traffic, Lacroix Group, Traffic Signs NZ, Rennicks, Traffic Tech, William Smith and RAI Products, etc.
The global Traffic Signal Control 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:
Siemens
Atkins
Swarco Traffic
Lacroix Group
Traffic Signs NZ
Rennicks
Traffic Tech
William Smith
RAI Products
Segnaletica
Elderlee
Traffic Signs & Safety
Lyle Signs
Feiyao Jiao Tong
Haowei Traffic
Schwab Label Factory
Shanghai Luhao
Changeda Traffic
Global Traffic Signal Control 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 Traffic Signal Control System market, Segment by Type:
Camera
Signal
Other
Global Traffic Signal Control System market, by Application
Urban Traffic
Inter-urban
Public Transport
Freeway
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 Traffic Signal Control 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
The global Traffic Signal Control System market size is expected to reach US$ 1209.3 million by 2029, growing at a CAGR of 5.7% from 2023 to 2029. The market is mainly driven by the significant applications of Traffic Signal Control System in various end use industries. The expanding demands from the Urban Traffic, Inter-urban, Public Transport and Freeway, are propelling Traffic Signal Control System market. Camera, 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 Signal segment is estimated at % CAGR for the next seven-year period.
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.
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 Traffic Signal Control 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 Traffic Signal Control 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 Traffic Signal Control System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Traffic Signal Control 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 Traffic Signal Control System covered in this report include Siemens, Atkins, Swarco Traffic, Lacroix Group, Traffic Signs NZ, Rennicks, Traffic Tech, William Smith and RAI Products, etc.
The global Traffic Signal Control 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:
Siemens
Atkins
Swarco Traffic
Lacroix Group
Traffic Signs NZ
Rennicks
Traffic Tech
William Smith
RAI Products
Segnaletica
Elderlee
Traffic Signs & Safety
Lyle Signs
Feiyao Jiao Tong
Haowei Traffic
Schwab Label Factory
Shanghai Luhao
Changeda Traffic
Global Traffic Signal Control 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 Traffic Signal Control System market, Segment by Type:
Camera
Signal
Other
Global Traffic Signal Control System market, by Application
Urban Traffic
Inter-urban
Public Transport
Freeway
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 Traffic Signal Control 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 Traffic Signal Control System
1.1 Traffic Signal Control System Market Overview
1.1.1 Traffic Signal Control System Product Scope
1.1.2 Traffic Signal Control System Market Status and Outlook
1.2 Global Traffic Signal Control System Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Traffic Signal Control System Market Size by Region (2018-2029)
1.4 Global Traffic Signal Control System Historic Market Size by Region (2018-2023)
1.5 Global Traffic Signal Control System Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Traffic Signal Control System Market Size (2018-2029)
1.6.1 North America Traffic Signal Control System Market Size (2018-2029)
1.6.2 Europe Traffic Signal Control System Market Size (2018-2029)
1.6.3 Asia-Pacific Traffic Signal Control System Market Size (2018-2029)
1.6.4 Latin America Traffic Signal Control System Market Size (2018-2029)
1.6.5 Middle East & Africa Traffic Signal Control System Market Size (2018-2029)
2 Traffic Signal Control System Market by Type
2.1 Introduction
2.1.1 Camera
2.1.2 Signal
2.1.3 Other
2.2 Global Traffic Signal Control System Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Traffic Signal Control System Historic Market Size by Type (2018-2023)
2.2.2 Global Traffic Signal Control System Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Traffic Signal Control System Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Traffic Signal Control System Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Traffic Signal Control System Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Traffic Signal Control System Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Traffic Signal Control System Revenue Breakdown by Type (2018-2029)
3 Traffic Signal Control System Market Overview by Application
3.1 Introduction
3.1.1 Urban Traffic
3.1.2 Inter-urban
3.1.3 Public Transport
3.1.4 Freeway
3.1.5 Others
3.2 Global Traffic Signal Control System Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Traffic Signal Control System Historic Market Size by Application (2018-2023)
3.2.2 Global Traffic Signal Control System Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Traffic Signal Control System Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Traffic Signal Control System Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Traffic Signal Control System Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Traffic Signal Control System Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Traffic Signal Control System Revenue Breakdown by Application (2018-2029)
4 Traffic Signal Control System Competition Analysis by Players
4.1 Global Traffic Signal Control 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 Traffic Signal Control System as of 2022)
4.3 Date of Key Players Enter into Traffic Signal Control System Market
4.4 Global Top Players Traffic Signal Control System Headquarters and Area Served
4.5 Key Players Traffic Signal Control System Product Solution and Service
4.6 Competitive Status
4.6.1 Traffic Signal Control System Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Siemens
5.1.1 Siemens Profile
5.1.2 Siemens Main Business
5.1.3 Siemens Traffic Signal Control System Products, Services and Solutions
5.1.4 Siemens Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.1.5 Siemens Recent Developments
5.2 Atkins
5.2.1 Atkins Profile
5.2.2 Atkins Main Business
5.2.3 Atkins Traffic Signal Control System Products, Services and Solutions
5.2.4 Atkins Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.2.5 Atkins Recent Developments
5.3 Swarco Traffic
5.3.1 Swarco Traffic Profile
5.3.2 Swarco Traffic Main Business
5.3.3 Swarco Traffic Traffic Signal Control System Products, Services and Solutions
5.3.4 Swarco Traffic Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.3.5 Lacroix Group Recent Developments
5.4 Lacroix Group
5.4.1 Lacroix Group Profile
5.4.2 Lacroix Group Main Business
5.4.3 Lacroix Group Traffic Signal Control System Products, Services and Solutions
5.4.4 Lacroix Group Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.4.5 Lacroix Group Recent Developments
5.5 Traffic Signs NZ
5.5.1 Traffic Signs NZ Profile
5.5.2 Traffic Signs NZ Main Business
5.5.3 Traffic Signs NZ Traffic Signal Control System Products, Services and Solutions
5.5.4 Traffic Signs NZ Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.5.5 Traffic Signs NZ Recent Developments
5.6 Rennicks
5.6.1 Rennicks Profile
5.6.2 Rennicks Main Business
5.6.3 Rennicks Traffic Signal Control System Products, Services and Solutions
5.6.4 Rennicks Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.6.5 Rennicks Recent Developments
5.7 Traffic Tech
5.7.1 Traffic Tech Profile
5.7.2 Traffic Tech Main Business
5.7.3 Traffic Tech Traffic Signal Control System Products, Services and Solutions
5.7.4 Traffic Tech Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.7.5 Traffic Tech Recent Developments
5.8 William Smith
5.8.1 William Smith Profile
5.8.2 William Smith Main Business
5.8.3 William Smith Traffic Signal Control System Products, Services and Solutions
5.8.4 William Smith Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.8.5 William Smith Recent Developments
5.9 RAI Products
5.9.1 RAI Products Profile
5.9.2 RAI Products Main Business
5.9.3 RAI Products Traffic Signal Control System Products, Services and Solutions
5.9.4 RAI Products Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.9.5 RAI Products Recent Developments
5.10 Segnaletica
5.10.1 Segnaletica Profile
5.10.2 Segnaletica Main Business
5.10.3 Segnaletica Traffic Signal Control System Products, Services and Solutions
5.10.4 Segnaletica Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.10.5 Segnaletica Recent Developments
5.11 Elderlee
5.11.1 Elderlee Profile
5.11.2 Elderlee Main Business
5.11.3 Elderlee Traffic Signal Control System Products, Services and Solutions
5.11.4 Elderlee Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.11.5 Elderlee Recent Developments
5.12 Traffic Signs & Safety
5.12.1 Traffic Signs & Safety Profile
5.12.2 Traffic Signs & Safety Main Business
5.12.3 Traffic Signs & Safety Traffic Signal Control System Products, Services and Solutions
5.12.4 Traffic Signs & Safety Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.12.5 Traffic Signs & Safety Recent Developments
5.13 Lyle Signs
5.13.1 Lyle Signs Profile
5.13.2 Lyle Signs Main Business
5.13.3 Lyle Signs Traffic Signal Control System Products, Services and Solutions
5.13.4 Lyle Signs Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.13.5 Lyle Signs Recent Developments
5.14 Feiyao Jiao Tong
5.14.1 Feiyao Jiao Tong Profile
5.14.2 Feiyao Jiao Tong Main Business
5.14.3 Feiyao Jiao Tong Traffic Signal Control System Products, Services and Solutions
5.14.4 Feiyao Jiao Tong Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.14.5 Feiyao Jiao Tong Recent Developments
5.15 Haowei Traffic
5.15.1 Haowei Traffic Profile
5.15.2 Haowei Traffic Main Business
5.15.3 Haowei Traffic Traffic Signal Control System Products, Services and Solutions
5.15.4 Haowei Traffic Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.15.5 Haowei Traffic Recent Developments
5.16 Schwab Label Factory
5.16.1 Schwab Label Factory Profile
5.16.2 Schwab Label Factory Main Business
5.16.3 Schwab Label Factory Traffic Signal Control System Products, Services and Solutions
5.16.4 Schwab Label Factory Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.16.5 Schwab Label Factory Recent Developments
5.17 Shanghai Luhao
5.17.1 Shanghai Luhao Profile
5.17.2 Shanghai Luhao Main Business
5.17.3 Shanghai Luhao Traffic Signal Control System Products, Services and Solutions
5.17.4 Shanghai Luhao Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.17.5 Shanghai Luhao Recent Developments
5.18 Changeda Traffic
5.18.1 Changeda Traffic Profile
5.18.2 Changeda Traffic Main Business
5.18.3 Changeda Traffic Traffic Signal Control System Products, Services and Solutions
5.18.4 Changeda Traffic Traffic Signal Control System Revenue (US$ Million) & (2018-2023)
5.18.5 Changeda Traffic Recent Developments
6 North America
6.1 North America Traffic Signal Control System Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Traffic Signal Control 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 Traffic Signal Control 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 Traffic Signal Control 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 Traffic Signal Control 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 Traffic Signal Control System Market Dynamics
11.1 Traffic Signal Control System Industry Trends
11.2 Traffic Signal Control System Market Drivers
11.3 Traffic Signal Control System Market Challenges
11.4 Traffic Signal Control 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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