Radar Speed Signs Market: Introduction
- Radar speed signs are also known as driver feedback signs. These radar speed signs are also known as speed display signs, SPEED signs, and radar speed displays. Radar speed signs are traffic calming devices designed to slow speeders down by alerting them of their speed. They are effective at slowing speeding drivers down, making roads safer for everyone.
- This component offers a wide range of features such as robust industrial design that is durable, weather-, vandal-, and graffiti-resistant, Wi-Fi enabled, equipped with OTA (Over-The- Air) technology, MUTCD (Manual on Uniform Traffic Control Devices) compliant, ISO 9001 certified quality systems, effective, reliable, and affordable.
- These features make the radar speed signs highly significant for bike lane safety, bike lane curbing, and bicyclist safety, which in turn is expected to contribute to market growth.
Rise in Adoption from Car Driver & Bike Drivers
- Based on end-user, the global radar speed signs market can be segmented into bicyclist, bike driver, car driver, and commercial vehicle drivers. The biker driver & car driver segment is expected to grow at a rapid pace during the forecast period due to the increasing use of radar speed signs easily readable speed digits up to 1000 feet, ideal for roads with traffic speeds between 40 mph and 95 mph.
- Radar speed signs re mainly used where speeding is a concern or where vehicles come in close proximity to pedestrians such as school zones, construction zones. This factor is significantly driving the demand for radar speed signs among car drivers & bike drivers.
- Rising adoption of radar speed signs for both monitoring vehicle speed while at the same time providing visual deterrent to motorist through their easily deployable radar speed sign is further propelling the market
Asia Pacific to Lead Global Radar Speed Signs Market
- In terms of region, the global radar speed signs market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- North America is expected to hold the largest share of the radar speed signs market during the forecast period due to increasing demand from the transportation industry
- Radar speed signs are widely utilized on roads, tunnels, and highways to keep all the drivers alert and broadcast the specific messages related to climate change, danger, etc.
- Rising urbanization & digitalization, the proliferation of the internet of things (IoT), running investment in road transport for logistics and supply chains, innovations in building information modelling, driving bridge design, etc., are other factors propelling the radar speed signs market in North America.
- The radar speed signs market in Asia Pacific and Europe is expected to expand at a considerable pace during the forecast period due to an increase in demand for radar speed signs from diverse industries such as automotive & transportation, and IT and telecommunication. Moreover, the growth is anticipated to be driven by leading countries such as India, China, Japan, Germany, France, and South Korea. The radar speed signs market in Middle East & Africa and South America is anticipated to grow at a steady pace during the forecast period.
Key Players Operating in Global Radar Speed Signs Market
Key players operating in the global radar speed signs market are engaged in developing technologically advanced products to cater to the rising demand for radar speed signs. Furthermore, several manufacturers are focusing on strategic mergers and acquisition of local manufacturers and system designers to strengthen their product offerings and expand their geographic reach.
Leading players operating in the global radar speed signs market include:
- Radarsign
- Traffic Logix
- All Traffic SolutionsÉlan City
- ELANCITY, INC - Radar Speed Signs
- International Road Dynamics Inc.
- Kalitec
- Microtrans Infratech Limited
- Pandora Technologies Limited
- Photonplay Systems Inc.
- Traffic and Parking Control Co., Inc.
- Traffic Safety Supply Company
- TraffiCalm Systems
- Transline Industries
- Transportation Solutions & Lighting, Inc.
- Temple, Inc.
- ADAPTIVE MICRO SYSTEMS
- Kustom Signals, Inc.
- Auto Mate Systems
- Ador Group
Global Radar Speed Signs Market: Research Scope
Global Radar Speed Signs Market, by Sign Type
- 2 Digit Radar Signs
- 3 Digit Radar Signs
- Variable Message Signs
- Radar Feedback Signs
- Others (Speed Alert Radar Message)
Global Radar Speed Signs Market, by Height
- 11 Inches
- 12 Inches
- 15 Inches
- 18 Inches
- Others
Global Radar Speed Signs Market, by End-user
- Bicyclist
- Bike Driver
- Car Driver
- Commercial Vehicle Driver
- Others
Global Radar Speed Signs Market, by Application
- Highways
- City Roads
- School Zones
- Work Zones
- Others (Lanes, Roadways, etc.)
Global Radar Speed Signs Market, by Region
North America
-
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ASEAN
- Rest of Asia Pacific
- South America
- Brazil
- Mexico
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
