Traffic signs or road signs are signs erected at the side of or above roads to give instructions or provide information to road users. The earliest signs were simple wooden or stone milestones. Later, signs with directional arms were introduced, for example, the fingerposts in the United Kingdom and their wooden counterparts in Saxony.
With traffic volumes increasing since the 1930s, many countries have adopted pictorial signs or otherwise simplified and standardized their signs to overcome language barriers, and enhance traffic safety. Such pictorial signs use symbols (often silhouettes) in place of words and are usually based on international protocols. Such signs were first developed in Europe, and have been adopted by most countries to varying degrees.
Scope of the Report:
At regional level North America (Revenue market share about 29% in 2015) accounted for the largest market share in the year 2015 followed by Europe (Revenue market share about 36% in 2015) and Asia (Revenue market share about 19% in 2015). This is mainly due to intense government support and technological advancements resulting in broader acceptance of the devices.
Traffic Signs are mass products and in most of the cases represent a sub segment or portfolio of medical device manufacturers with very little scope for product differentiation. This makes the overall market highly competitive and price sensitive in nature.
The Traffic Signs industry major has three applications, such as Guide & Direction Signs, Warning Signs, Regulatory Signs and Others.
The worldwide market for Traffic Signs is expected to grow at a CAGR of roughly 4.8% over the next five years, will reach 1120 million US$ in 2024, from 850 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Traffic Signs in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
USA Traffic Signs
Swarco Traffic
Novelis
McCain
3M
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Mainly Refers to The Areas Above 2 Sqm
Mainly Refers to The Areas Between 1-2 Sqm
Mainly Refers to The Areas Below 1 Sqm
Market Segment by Applications, can be divided into
Guide and Direction Signs
Warning Signs
Regulatory Signs
Other Signs
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Traffic Signs product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Traffic Signs, with price, sales, revenue and global market share of Traffic Signs in 2017 and 2018.
Chapter 3, the Traffic Signs competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Traffic Signs breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Traffic Signs market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Traffic Signs sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Traffic Signs . Industry analysis & Market Report on Traffic Signs is a syndicated market report, published as Global Traffic Signs Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Traffic Signs market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.