Traffic lights are an important element of traffic safety management to maintain safety on road for pedestrians and drivers. Proper traffic flow and following road safety management can reduce road traffic accidents and injuries. Increasing number of accidents and injuries on road have driven the market for traffic lights, especially in developing countries. The retrofitting of incandescent traffic lights with LED lights in major developed countries has contributed to the growth of the traffic lights market. The development of safer roads has a positive impact on the economic development of a country, as it allows faster transportation and rapid transit systems. Increasing infrastructure investment in various countries has driven the traffic lights market significantly. The Americas were the major revenue contributor to the market during 2017 and are expected to continue their market dominance throughout the predicted period as well. The introduction of smart traffic lights to reduce traffic congestions in North America and major road infrastructure development projects in South America such as the introduction of the fourth generation (4G) road infrastructure program by the government of Columbia, will fuel the market?s growth prospects in this region. The global Traffic Lights market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. This report focuses on Traffic Lights volume and value at global level, regional level and company level. From a global perspective, this report represents overall Traffic Lights market size by analyzing historical data and future prospect. Regionally, this report categorizes the production, apparent consumption, export and import of Traffic Lights in North America, Europe, China, Japan, Southeast Asia and India. For each manufacturer covered, this report analyzes their Traffic Lights manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market. The following manufacturers are covered: Aldridge Traffic Systems D.G. Controls E2S Warning Signals Horizon Signal Technologies North America Traffic Pfannenberg WERMA Signaltechnik Ver-Mac Segment by Regions North America Europe China Japan Southeast Asia India Segment by Type Incandescent Traffic Lights LED Traffic Lights Segment by Application Road Railway Construction
Table of Contents Executive Summary 1 Industry Overview of Traffic Lights 1.1 Definition of Traffic Lights 1.2 Traffic Lights Segment by Type 1.2.1 Global Traffic Lights Production Growth Rate Comparison by Types (2014-2025) 1.2.2 Incandescent Traffic Lights 1.2.3 LED Traffic Lights 1.3 Traffic Lights Segment by Applications 1.3.1 Global Traff
