Traffic Equipment Market

Traffic Equipment Market (Equipment Type: Traffic Safety Barriers, Traffic Cones, Traffic Safety Signs, Shell Protection, Digital Products, Running Plates, Traffic Beams, Shut-off Gates, Tenting, Traffic Buffers, Entry Gates, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034

Traffic Equipment Market Outlook 2034

  • The global industry was valued at US$ 7.7 Bn in 2023
  • It is estimated to grow at a CAGR of 5.6% from 2024 to 2034 and reach US$ 14.0 Bn by the end of 2034

Analyst Viewpoint

Growth in investments and development of road infrastructure to improve connectivity and transportation is propelling the demand for traffic safety equipment. Many government organizations are investing in road safety technology and solutions in response to the growing number of accidents on the roads.

Safety equipment such as safety barriers, signs, beams, and digital products are crucial for ensuring safety, especially on highways and bridges, which a key factor fueling the traffic equipment market growth.

Concerns related to carbon emissions is leading to a surge in demand for sustainable traffic solutions. Thus, many manufacturers are focused on developing eco-friendly and energy efficient solutions.

Rapid urbanization and growth in road traffic in major cities such as Mumbai, Shanghai, Jakarta, and Tokyo, is anticipated to propel the traffic equipment market size in Asia Pacific.

Market Introduction

Traffic equipment are products designed for road safety and traffic management. These products help prevent and reduce road accident fatalities by ensuring safety of drivers and pedestrians. Traffic equipment majorly includes barriers, cones, safety signs, shells protection, digital products, and traffic beams.

Road signs convey critical information to drivers and pedestrians, warning about potential hazards, obstacles, and speed limits. Road signs include regulatory signs such as warning signs and stop signs. It also includes road markings, and these are painted lines, symbols, and patterns on the road surface.

Guardrails serve as protective barriers along roads, preventing vehicles from deviating from the road or colliding with obstacles, particularly on bridges and curves. Reflective strips on signs, clothing, and vehicles enhance visibility during low-light conditions, reducing the risk of accidents.

Attribute Detail
Drivers
  • Growth in Road and Highway Infrastructure
  • Initiatives to Curb Road Accident Incidents

Growth in Road and Highway Infrastructure Boosting Traffic Equipment Market Development

A well-developed road network enables social interaction and movement across regions, driving socio-economic growth. Transportation of goods, commodities, and people boosts economic development which demands high-quality road network with safety. Thus, traffic equipment are essential for developing safer roads for travel.

Asia Pacific has witnessed increased investments in infrastructural developments in the past decade. Major economies such as India are witnessing rise in investment in road infrastructure development.

For instance, the Government of India has approved construction of a 457 km-long expressway between Vijayawada and Nagpur. Similarly, China announced construction of Panzhihua to Yanyuan expressway.

According to International Road Federation, European countries spend around 0.8% to 1.2% of their annual GDP on road infrastructural development.

The USA, under the Bipartisan Infrastructure Law has allocated approximately US$ 350 Bn for federal highway programs for the period of five years from 2022-2026. Thus, growth in road and highway infrastructure is projected to bolster the traffic equipment market growth during the forecast period.

Initiatives to Curb Road Accident Incidents Driving Market Statistics

Governments across the globe are implementing stringent safety regulations to deal with the surge in on-road vehicles and road infrastructure.

According to the WHO, road accidents account for 1.19 million deaths every year, out of which Southeast Asia accounts for highest number of accidents at around 28% of the total fatalities, followed by Western Pacific region accounting for 25% of the total fatalities.

The rise in urban population and transportation systems demands better infrastructure and road safety across the globe, which ultimately augments the traffic equipment market revenue. Various countries in Europe and Asia Pacific have observed reduction in accidents by implementing strict traffic safety rules.

For instance, the European Region reported the largest drop in deaths since 2010, whereas the Southeast Asia region reported a decline of 2%, and the Western Pacific Region reported a decline of 16% in 2023.

High Demand for Traffic Safety Barriers

The traffic safety barriers segment dominated the traffic equipment market segmentation in terms of equipment type. Traffic safety barriers are generally preferred by governments and regulatory bodies to reduce the intensity of accident fatalities.

Many countries follow guidelines set by government organizations such as the American Association of State Highway and Transportation Officials (AASHTO), and the European Union Road Federation (ERF).

Traffic congestion is a major issue in many parts of the world, especially in urban cities. Safety barriers help to effectively manage congested traffic and ensure smooth traffic flow.

Furthermore, technological advancements in traffic safety barriers, such as crash cushions and energy-absorbing materials can enhance safety. Innovations including smart barriers with integrated sensors for traffic monitoring and management enhance the traffic equipment market value.

Rapid Urbanization and Growth in Traffic Boosting Highway Management

As per the traffic equipment market report, based on traffic control application, the highway management segment held majority share in terms of revenue in 2023.

The significant increase in investments in infrastructural development across the globe is ascribed to rapid urbanization, resulting in surging vehicular traffic due to intercity movements of people and logistics. This necessitates highway management solutions including traffic safety barriers, safety signs, and digital and advanced products.

The highway management segment is followed by the urban traffic segment, which accounts for second largest share in the market. Cities often face huge traffic congestion, especially during peak hours.

Intelligent traffic lights and dynamic message signs are essential equipment for managing congestion and optimizing traffic flow. Additionally, urban areas have regular pedestrian activity, demanding strict safety measures. Thus, traffic equipment market such as pedestrian signals, crosswalks, and speed limit signs improve safety for pedestrians and vehicles.

Regional Outlook of Traffic Equipment Industry

Attribute Detail
Leading Region Asia Pacific

As per the traffic equipment industry analysis, Asia Pacific was the leading region in terms of revenue in 2023. The surge in investments in infrastructural development in major economies such as India and China is expected to create lucrative traffic equipment market opportunities in the region.

New roads, bridges, and urban development requires traffic equipment. Major cities including Mumbai, Shanghai, Tokyo, and Jakarta in the region often witness intense traffic congestions, driving the demand for traffic equipment.

Furthermore, the growth of urban cities is leading to increasing need for public transportation. Concerned government bodies often integrate these public transit systems with road networks, demanding traffic equipment market such as bus lane signals and transit priority systems.

Countries such as Japan and South Korea have advanced public transit systems, driving the demand for associated traffic equipment.

Analysis of Key Players

Many entities, including manufacturers, independent sellers, and online platforms, compete in this sector. Price competitiveness, partnerships with government bodies, and investments in research and development activities for differentiated product offerings in order to attract clients are the strategies followed by companies to deal with the intense competition.

Adherence to government regulations is crucial in the market for traffic equipment market. The growing competition might reduce profit margins and encourage sellers to look for different ways to stay profitable, including value-added partnerships with government bodies directly.

SWARCO, 3A Composites GmbH, 3M Company, ALCOLITE, Brady Worldwide, Inc., Evelux USA, Fortran Traffic Systems Limited, Gatekeeper Security Inc., Honeywell International, Inc., Indra Sistemas, S.A., North America Traffic, Pexco LLC, RoadSafe Traffic Systems, Inc., Siemens Mobility, Tamis Corporation, and Zhejiang Traffic Safety Products Co., Ltd. are the some of the largest traffic equipment market players.

Key Developments

  • In March 2024, Brady Corporation announced acquisition of Gravotech Holding, specializing in marking and engraving technology. Through the acquisition, the company will add a portfolio of laser, mechanical engraving, scribing, and dot peen technology to its existing product identification offerings. Gravotech will also strengthen its footprint in various region with existing presence and operations across the U.S., Latin America, Europe, and Asia Pacific.
  • In January 2024, RoadSafe Traffic Systems, Inc. announced the acquisition of B.C. Cannon Co., Inc. The acquisition will further expand RoadSafe’s operations and support traffic control and road striping activities across the Carolinas.
  • In August 2023, Honeywell International Inc. announced expansion of its production bases with a new facility at Gurugram, India dedicated for the production of AGL. The product will be used in airport traffic handling and for safer aircraft landings.

Each of these players are profiled in the traffic equipment market research report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments

Traffic Equipment Market Snapshot

Attribute Detail
Market Size Value in 2023 (Base Year) US$ 7.7 Bn
Market Forecast Value in 2034 US$ 14.0 Bn
Growth Rate (CAGR) 5.6%
Forecast Period 2024-2034
Historic Period 2020-2022
Base year 2023
Quantitative Units US$ Bn for Value
Market Analysis It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, Value chain analysis, industry trend analysis, etc.
Competition Landscape
  • Market Share Analysis by Company (2023)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, key financials, etc.
Format Electronic (PDF) + Excel
Market Segmentation
  • Equipment Type
    • Traffic Safety Barriers
    • Traffic Cones
    • Traffic Safety Signs
    • Shell Protection
    • Digital Products
    • Running Plates
    • Traffic Beams
    • Shut-off Gates
    • Tenting
    • Traffic Buffers
    • Entry Gates
    • Others
  • Material
    • Steel
    • Wood
    • Aluminum
    • Thermoplastics
    • PVC (Polyvinyl Chloride)
    • Rubber
    • Ceramic
    • Others
  • Traffic Management Solution
    • Smart Signaling
    • Route Guidance and Route Optimization
    • Traffic Analytics
    • Smart Surveillance
    • Automatic Number Plate Recognition System (ANPR)
    • Facial Recognition
    • Pedestrian Detection
    • Incident Detection
    • Others
  • Traffic Control Application
    • Urban Traffic
    • Highway Management
    • Inter-urban
    • Parking Management
    • Info-mobility
    • Public Transport
    • Tolling
    • Construction Zone
    • Others (Tunnel and Freeway)
  • Distribution Channel
    • Direct Sales
    • Government Agencies
    • Distributors or Online Platform
  • End-user
    • Government and Municipal Authorities
    • Construction Companies
    • Transportation Agencies
    • Commercial and Residential Areas
    • Education Institutions
    • Airports and Seaports
    • Industrial
    • Others
Regions Covered
  • North America
  • Central and South America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Companies Profiled
  • 3A Composites GmbH
  • 3M Company
  • ALCOLITE
  • Brady Worldwide, Inc.
  • Evelux USA
  • Fortran Traffic Systems Limited
  • Gatekeeper Security Inc.
  • Honeywell International, Inc.
  • Indra Sistemas, S.A.
  • North America Traffic
  • Pexco LLC
  • RoadSafe Traffic Systems, Inc.
  • Siemens Mobility
  • SWARCO
  • Tamis Corporation
  • Zhejiang Traffic Safety Products Co., Ltd.
  • Other Key Players
Customization Scope Available upon Request
Pricing Available upon Request

Frequently Asked Questions

How big was the global traffic equipment market in 2023?

It was valued at US$ 7.7 Bn in 2023

How is the traffic equipment industry expected to grow by 2034?

The CAGR is projected to be 5.6% from 2024 - 2034

How much worth will the traffic equipment business be in 2034?

It is expected to reach US$ 14.0 Bn by 2034

How big was Asia Pacific in the traffic equipment landscape?

Asia Pacific accounted for a significant share of 34.2% in 2023

Which segment dominates the traffic equipment sector?

The traffic safety barriers segment has the highest share

Who are the prominent traffic equipment players?

SWARCO, 3A Composites GmbH, 3M Company, ALCOLITE, Brady Worldwide, Inc., Evelux USA, Fortran Traffic Systems Limited, Gatekeeper Security Inc., Honeywell International, Inc., Indra Sistemas, S.A., North America Traffic, Pexco LLC, RoadSafe Traffic Systems, Inc., Siemens Mobility, Tamis Corporation, and Zhejiang Traffic Safety Products Co., Ltd.

1. Executive Summary: Global Traffic Equipment Market

    1.1. Global Market Outlook

        1.1.1. Market Size, Value (US$ Mn), 2020-2034

    1.2. Key Facts and Figures

    1.3. Go to Market Strategy

        1.3.1. Demand & Supply Side Trends

        1.3.2. Identification of Potential Market Spaces

        1.3.3. Preferred Sales & Marketing Strategy

        1.3.4. Growth Opportunity Analysis

    1.4. TMR Analysis and Recommendations

2. Market Overview

    2.1. Market Segmentation/ Taxonomy

    2.2. Market Definitions

    2.3. Key Trend Analysis

    2.4. Market Dynamics (Growth Influencers)

        2.4.1. Drivers

        2.4.2. Restraints

        2.4.3. Opportunities

    2.5. Porter’s Five Forces Analysis

    2.6. Industry SWOT Analysis

    2.7. Regulatory Framework

    2.8. Ecosystem/Value Chain Analysis

    2.9. Technology/ Product Roadmap

    2.10. Global Traffic Equipment Market Size, Analysis, and Forecasts, 2020-2034

    2.11. Pricing Model Analysis/ Price Trend Analysis

        2.11.1. Cost Structure Analysis, by Manufacturer

    2.12. Market Opportunity Assessment - by Region

        2.12.1. By Equipment Type

        2.12.2. By Material

        2.12.3. By Traffic Management Solution

        2.12.4. By Traffic Control Application

        2.12.5. By Distribution Channel

        2.12.6. By End-user

        2.12.7. By Region

    2.13. Impact Factors

    2.14. Import Export Data/ Analysis

3. Global Traffic Equipment Market Analysis, by Equipment Type

    3.1. Overview and Definitions

    3.2. Key Segment Analysis

    3.3. Traffic Equipment Market Size, Analysis, and Forecasts, by Equipment Type, 2020-2034

        3.3.1. Traffic Safety Barriers

        3.3.2. Traffic Cones

        3.3.3. Traffic Safety Signs

        3.3.4. Shell Protection

        3.3.5. Digital Products

        3.3.6. Running Plates

        3.3.7. Traffic Beams

        3.3.8. Shut-off Gates

        3.3.9. Tenting

        3.3.10. Traffic Buffers

        3.3.11. Entry Gates

        3.3.12. Others

4. Global Traffic Equipment Market Analysis, by Material

    4.1. Key Segment Analysis

    4.2. Traffic Equipment Market Size, Analysis, and Forecasts, by Material, 2020-2034

        4.2.1. Steel

        4.2.2. Wood

        4.2.3. Aluminum

        4.2.4. Thermoplastics

        4.2.5. PVC (Polyvinyl Chloride)

        4.2.6. Rubber

        4.2.7. Ceramic

        4.2.8. Others

5. Global Traffic Equipment Market Analysis, by Traffic Management Solution

    5.1. Key Segment Analysis

    5.2. Traffic Equipment Market Size, Analysis, and Forecasts, by Traffic Management Solution, 2020-2034

        5.2.1. Smart Signaling

        5.2.2. Route Guidance and Route Optimization

        5.2.3. Traffic Analytics

        5.2.4. Smart Surveillance

        5.2.5. Automatic Number Plate Recognition System (ANPR)

        5.2.6. Facial Recognition

        5.2.7. Pedestrian Detection

        5.2.8. Incident Detection

        5.2.9. Others

6. Global Traffic Equipment Market Analysis, by Traffic Control Application

    6.1. Key Segment Analysis

    6.2. Traffic Equipment Market Size, Analysis, and Forecasts, by Traffic Control Application, 2020-2034

        6.2.1. Urban Traffic

        6.2.2. Highway Management

        6.2.3. Inter-Urban

        6.2.4. Parking Management

        6.2.5. Info-mobility

        6.2.6. Public Transport

        6.2.7. Tolling

        6.2.8. Construction Zone

        6.2.9. Others (Tunnel and Freeway)

7. Global Traffic Equipment Market Analysis, by Distribution Channel

    7.1. Key Segment Analysis

    7.2. Traffic Equipment Market Size, Analysis, and Forecasts, by Distribution Channel, 2020-2034

        7.2.1. Direct Sales

        7.2.2. Government Agencies

        7.2.3. Distributors or Online Platform

8. Global Traffic Equipment Market Analysis, by End-user

    8.1. Key Segment Analysis

    8.2. Traffic Equipment Market Size, Analysis, and Forecasts, by End-user, 2020-2034

        8.2.1. Government and Municipal Authorities

        8.2.2. Construction Companies

        8.2.3. Transportation Agencies

        8.2.4. Commercial and Residential Areas

        8.2.5. Education Institutions

        8.2.6. Airports and Seaports

        8.2.7. Industrial

        8.2.8. Others

9. Global Traffic Equipment Market Analysis and Forecasts, by Region

    9.1. Key Findings

    9.2. Traffic Equipment Market Size, Analysis, and Forecasts, by Region, 2020-2034

        9.2.1. North America

        9.2.2. Central and South America

        9.2.3. Europe

        9.2.4. Asia Pacific

        9.2.5. Middle East & Africa

10. North America Traffic Equipment Market Analysis and Forecast

    10.1. Regional Outlook

    10.2. Traffic Equipment Market Size, Analysis, and Forecasts, 2020-2034

        10.2.1. By Equipment Type

        10.2.2. By Material

        10.2.3. By Traffic Management Solution

        10.2.4. By Traffic Control Application

        10.2.5. By Distribution Channel

        10.2.6. By End-user

        10.2.7. By Country

            10.2.7.1. USA

            10.2.7.2. Canada

            10.2.7.3. Mexico

11. Central and South America Traffic Equipment Market Analysis and Forecast

    11.1. Regional Outlook

    11.2. Traffic Equipment Market Size, Analysis, and Forecasts, 2020-2034

        11.2.1. By Equipment Type

        11.2.2. By Material

        11.2.3. By Traffic Management Solution

        11.2.4. By Traffic Control Application

        11.2.5. By Distribution Channel

        11.2.6. By End-user

        11.2.7. By Country

            11.2.7.1. Brazil

            11.2.7.2. Argentina

            11.2.7.3. Chile

            11.2.7.4. Colombia

            11.2.7.5. Peru

            11.2.7.6. Central America

            11.2.7.7. Rest of Central and South America

12. Europe Traffic Equipment Market Analysis and Forecast

    12.1. Regional Outlook

    12.2. Traffic Equipment Market Size, Analysis, and Forecasts, 2020-2034

        12.2.1. By Equipment Type

        12.2.2. By Material

        12.2.3. By Traffic Management Solution

        12.2.4. By Traffic Control Application

        12.2.5. By Distribution Channel

        12.2.6. By End-user

        12.2.7. By Country

            12.2.7.1. Germany

            12.2.7.2. UK

            12.2.7.3. France

            12.2.7.4. Italy

            12.2.7.5. Spain

            12.2.7.6. Russia & CIS

            12.2.7.7. Poland

            12.2.7.8. Netherlands

            12.2.7.9. Nordic Countries

            12.2.7.10. Rest of Europe

13. Asia Pacific Traffic Equipment Market Analysis and Forecast

    13.1. Regional Outlook

    13.2. Traffic Equipment Market Size, Analysis, and Forecasts, 2020-2034

        13.2.1. By Equipment Type

        13.2.2. By Material

        13.2.3. By Traffic Management Solution

        13.2.4. By Traffic Control Application

        13.2.5. By Distribution Channel

        13.2.6. By End-user

        13.2.7. By Country

            13.2.7.1. China

            13.2.7.2. India

            13.2.7.3. Japan

            13.2.7.4. Indonesia

            13.2.7.5. Malaysia

            13.2.7.6. Thailand

            13.2.7.7. Vietnam

            13.2.7.8. South Korea

            13.2.7.9. ANZ

            13.2.7.10. Rest of Asia Pacific

14. Middle East & Africa Traffic Equipment Market Analysis and Forecast

    14.1. Regional Outlook

    14.2. Traffic Equipment Market Size, Analysis, and Forecasts, 2020-2034

        14.2.1. By Equipment Type

        14.2.2. By Material

        14.2.3. By Traffic Management Solution

        14.2.4. By Traffic Control Application

        14.2.5. By Distribution Channel

        14.2.6. By End-user

        14.2.7. By Country

            14.2.7.1. Turkey

            14.2.7.2. Saudi Arabia

            14.2.7.3. UAE

            14.2.7.4. Israel

            14.2.7.5. Kuwait

            14.2.7.6. Egypt

            14.2.7.7. Morocco

            14.2.7.8. South Africa

            14.2.7.9. Nigeria

            14.2.7.10. Rest of Middle East & Africa

15. Competitive Landscape

    15.1. List of key players

    15.2. Company Profile/ Analysis

    15.3. Revenue Share Analysis

    15.4. Technology Comparison Analysis

    15.5. Product Capacity, by Key Players

    15.6. Product/ Service/ Application Category for Key Players

    15.7. Competitive Dashboard Analysis

16. Company Profiles

    16.1. 3A Composites GmbH

        16.1.1. Company Overview

        16.1.2. Company Footprints

        16.1.3. Product Portfolio

        16.1.4. Competitors & Customers

        16.1.5. Subsidiaries & Parent Organization

        16.1.6. Recent Developments

        16.1.7. Financial Analysis

    16.2. 3M Company

        16.2.1. Company Overview

        16.2.2. Company Footprints

        16.2.3. Product Portfolio

        16.2.4. Competitors & Customers

        16.2.5. Subsidiaries & Parent Organization

        16.2.6. Recent Developments

        16.2.7. Financial Analysis

    16.3. ALCOLITE

        16.3.1. Company Overview

        16.3.2. Company Footprints

        16.3.3. Product Portfolio

        16.3.4. Competitors & Customers

        16.3.5. Subsidiaries & Parent Organization

        16.3.6. Recent Developments

        16.3.7. Financial Analysis

    16.4. Brady Worldwide, Inc.

        16.4.1. Company Overview

        16.4.2. Company Footprints

        16.4.3. Product Portfolio

        16.4.4. Competitors & Customers

        16.4.5. Subsidiaries & Parent Organization

        16.4.6. Recent Developments

        16.4.7. Financial Analysis

    16.5. Evelux USA

        16.5.1. Company Overview

        16.5.2. Company Footprints

        16.5.3. Product Portfolio

        16.5.4. Competitors & Customers

        16.5.5. Subsidiaries & Parent Organization

        16.5.6. Recent Developments

        16.5.7. Financial Analysis

    16.6. Fortran Traffic Systems Limited

        16.6.1. Company Overview

        16.6.2. Company Footprints

        16.6.3. Product Portfolio

        16.6.4. Competitors & Customers

        16.6.5. Subsidiaries & Parent Organization

        16.6.6. Recent Developments

        16.6.7. Financial Analysis

    16.7. Gatekeeper Security Inc.

        16.7.1. Company Overview

        16.7.2. Company Footprints

        16.7.3. Product Portfolio

        16.7.4. Competitors & Customers

        16.7.5. Subsidiaries & Parent Organization

        16.7.6. Recent Developments

        16.7.7. Financial Analysis

    16.8. Honeywell International, Inc.

        16.8.1. Company Overview

        16.8.2. Company Footprints

        16.8.3. Product Portfolio

        16.8.4. Competitors & Customers

        16.8.5. Subsidiaries & Parent Organization

        16.8.6. Recent Developments

        16.8.7. Financial Analysis

    16.9. Indra Sistemas, S.A.

        16.9.1. Company Overview

        16.9.2. Company Footprints

        16.9.3. Product Portfolio

        16.9.4. Competitors & Customers

        16.9.5. Subsidiaries & Parent Organization

        16.9.6. Recent Developments

        16.9.7. Financial Analysis

    16.10. North America Traffic

        16.10.1. Company Overview

        16.10.2. Company Footprints

        16.10.3. Product Portfolio

        16.10.4. Competitors & Customers

        16.10.5. Subsidiaries & Parent Organization

        16.10.6. Recent Developments

        16.10.7. Financial Analysis

    16.11. Pexco LLC

        16.11.1. Company Overview

        16.11.2. Company Footprints

        16.11.3. Product Portfolio

        16.11.4. Competitors & Customers

        16.11.5. Subsidiaries & Parent Organization

        16.11.6. Recent Developments

        16.11.7. Financial Analysis

    16.12. RoadSafe Traffic Systems, Inc.

        16.12.1. Company Overview

        16.12.2. Company Footprints

        16.12.3. Product Portfolio

        16.12.4. Competitors & Customers

        16.12.5. Subsidiaries & Parent Organization

        16.12.6. Recent Developments

        16.12.7. Financial Analysis

    16.13. Siemens Mobility

        16.13.1. Company Overview

        16.13.2. Company Footprints

        16.13.3. Product Portfolio

        16.13.4. Competitors & Customers

        16.13.5. Subsidiaries & Parent Organization

        16.13.6. Recent Developments

        16.13.7. Financial Analysis

    16.14. SWARCO

        16.14.1. Company Overview

        16.14.2. Company Footprints

        16.14.3. Product Portfolio

        16.14.4. Competitors & Customers

        16.14.5. Subsidiaries & Parent Organization

        16.14.6. Recent Developments

        16.14.7. Financial Analysis

    16.15. Tamis Corporation

        16.15.1. Company Overview

        16.15.2. Company Footprints

        16.15.3. Product Portfolio

        16.15.4. Competitors & Customers

        16.15.5. Subsidiaries & Parent Organization

        16.15.6. Recent Developments

        16.15.7. Financial Analysis

    16.16. Zhejiang Traffic Safety Products Co., Ltd.

        16.16.1. Company Overview

        16.16.2. Company Footprints

        16.16.3. Product Portfolio

        16.16.4. Competitors & Customers

        16.16.5. Subsidiaries & Parent Organization

        16.16.6. Recent Developments

        16.16.7. Financial Analysis

    16.17. Other Key Players

        16.17.1. Company Overview

        16.17.2. Company Footprints

        16.17.3. Product Portfolio

        16.17.4. Competitors & Customers

        16.17.5. Subsidiaries & Parent Organization

        16.17.6. Recent Developments

        16.17.7. Financial Analysis

17. Key Takeaways

List of Tables

Table 01: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Table 02: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Table 03: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Table 04: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Table 05: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Table 06: Global Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Table 07: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Region 2020-2034

Table 08: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Table 09: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Table 10: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Table 11: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Table 12: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Table 13: North America Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Table 14: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Country 2020-2034

Table 15: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Table 16: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Table 17: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Table 18: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Table 19: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Table 20: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Table 21: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Country 2020-2034

Table 22: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Table 23: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Table 24: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Table 25: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Table 26: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Table 27: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Table 28: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Country 2020-2034

Table 29: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Table 30: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Table 31: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Table 32: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Table 33: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Table 34: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Table 35: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Country 2020-2034

Table 36: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Table 37: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Table 38: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Table 39: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Table 40: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Table 41: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Table 42: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Country 2020-2034

List of Figures

Figure 01: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Figure 02: Global Traffic Equipment Market, Incremental Opportunity, by Equipment Type, Value (US$ Mn), 2024-2034

Figure 03: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Figure 04: Global Traffic Equipment Market, Incremental Opportunity, by Material, Value (US$ Mn), 2024-2034

Figure 05: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Figure 06: Global Traffic Equipment Market, Incremental Opportunity, by Traffic Management Solution, Value (US$ Mn), 2024-2034

Figure 07: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Figure 08: Global Traffic Equipment Market, Incremental Opportunity, by Traffic Control Application, Value (US$ Mn), 2024-2034

Figure 09: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Figure 10: Global Traffic Equipment Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034

Figure 11: Global Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Figure 12: Global Traffic Equipment Market, Incremental Opportunity, by End-user, Value (US$ Mn), 2024-2034

Figure 13: Global Traffic Equipment Market Value (US$ Mn) Forecast, by Region 2020-2034

Figure 14: Global Traffic Equipment Market, Incremental Opportunity, by Region, Value (US$ Mn), 2024-2034

Figure 15: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Figure 16: North America Traffic Equipment Market, Incremental Opportunity, by Equipment Type, Value (US$ Mn), 2024-2034

Figure 17: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Figure 18: North America Traffic Equipment Market, Incremental Opportunity, by Material, Value (US$ Mn), 2024-2034

Figure 19: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Figure 20: North America Traffic Equipment Market, Incremental Opportunity, by Traffic Management Solution, Value (US$ Mn), 2024-2034

Figure 21: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Figure 22: North America Traffic Equipment Market, Incremental Opportunity, by Traffic Control Application, Value (US$ Mn), 2024-2034

Figure 23: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Figure 24: North America Traffic Equipment Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034

Figure 25: North America Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Figure 26: North America Traffic Equipment Market, Incremental Opportunity, by End-user, Value (US$ Mn), 2024-2034

Figure 27: North America Traffic Equipment Market Value (US$ Mn) Forecast, by Country 2020-2034

Figure 28: North America Traffic Equipment Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034

Figure 29: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Figure 30: Central and South America Traffic Equipment Market, Incremental Opportunity, by Equipment Type, Value (US$ Mn), 2024-2034

Figure 31: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Figure 32: Central and South America Traffic Equipment Market, Incremental Opportunity, by Material, Value (US$ Mn), 2024-2034

Figure 33: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Figure 34: Central and South America Traffic Equipment Market, Incremental Opportunity, by Traffic Management Solution, Value (US$ Mn), 2024-2034

Figure 35: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Figure 36: Central and South America Traffic Equipment Market, Incremental Opportunity, by Traffic Control Application, Value (US$ Mn), 2024-2034

Figure 37: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Figure 38: Central and South America Traffic Equipment Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034

Figure 39: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Figure 40: Central and South America Traffic Equipment Market, Incremental Opportunity, by End-user, Value (US$ Mn), 2024-2034

Figure 41: Central and South America Traffic Equipment Market Value (US$ Mn) Forecast, by Country 2020-2034

Figure 42: Central and South America Traffic Equipment Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034

Figure 43: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Figure 44: Europe Traffic Equipment Market, Incremental Opportunity, by Equipment Type, Value (US$ Mn), 2024-2034

Figure 45: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Figure 46: Europe Traffic Equipment Market, Incremental Opportunity, by Material, Value (US$ Mn), 2024-2034

Figure 47: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Figure 48: Europe Traffic Equipment Market, Incremental Opportunity, by Traffic Management Solution, Value (US$ Mn), 2024-2034

Figure 49: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Figure 50: Europe Traffic Equipment Market, Incremental Opportunity, by Traffic Control Application, Value (US$ Mn), 2024-2034

Figure 51: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Figure 52: Europe Traffic Equipment Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034

Figure 53: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Figure 54: Europe Traffic Equipment Market, Incremental Opportunity, by End-user, Value (US$ Mn), 2024-2034

Figure 55: Europe Traffic Equipment Market Value (US$ Mn) Forecast, by Country 2020-2034

Figure 56: Europe Traffic Equipment Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034

Figure 57: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Figure 58: Asia Pacific Traffic Equipment Market, Incremental Opportunity, by Equipment Type, Value (US$ Mn), 2024-2034

Figure 59: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Figure 60: Asia Pacific Traffic Equipment Market, Incremental Opportunity, by Material, Value (US$ Mn), 2024-2034

Figure 61: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Figure 62: Asia Pacific Traffic Equipment Market, Incremental Opportunity, by Traffic Management Solution, Value (US$ Mn), 2024-2034

Figure 63: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Figure 64: Asia Pacific Traffic Equipment Market, Incremental Opportunity, by Traffic Control Application, Value (US$ Mn), 2024-2034

Figure 65: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Figure 66: Asia Pacific Traffic Equipment Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034

Figure 67: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Figure 68: Asia Pacific Traffic Equipment Market, Incremental Opportunity, by End-user, Value (US$ Mn), 2024-2034

Figure 69: Asia Pacific Traffic Equipment Market Value (US$ Mn) Forecast, by Country 2020-2034

Figure 70: Asia Pacific Traffic Equipment Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034

Figure 71: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Equipment Type, 2020-2034

Figure 72: Middle East & Africa Traffic Equipment Market, Incremental Opportunity, by Equipment Type, Value (US$ Mn), 2024-2034

Figure 73: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Material, 2020-2034

Figure 74: Middle East & Africa Traffic Equipment Market, Incremental Opportunity, by Material, Value (US$ Mn), 2024-2034

Figure 75: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Management Solution, 2020-2034

Figure 76: Middle East & Africa Traffic Equipment Market, Incremental Opportunity, by Traffic Management Solution, Value (US$ Mn), 2024-2034

Figure 77: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Traffic Control Application, 2020-2034

Figure 78: Middle East & Africa Traffic Equipment Market, Incremental Opportunity, by Traffic Control Application, Value (US$ Mn), 2024-2034

Figure 79: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Distribution Channel, 2020-2034

Figure 80: Middle East & Africa Traffic Equipment Market, Incremental Opportunity, by Distribution Channel, Value (US$ Mn), 2024-2034

Figure 81: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by End-user, 2020-2034

Figure 82: Middle East & Africa Traffic Equipment Market, Incremental Opportunity, by End-user, Value (US$ Mn), 2024-2034

Figure 83: Middle East & Africa Traffic Equipment Market Value (US$ Mn) Forecast, by Country 2020-2034

Figure 84: Middle East & Africa Traffic Equipment Market, Incremental Opportunity, by Country, Value (US$ Mn), 2024-2034

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