LED Traffic Stoplight controls vehicle traffic passing through the intersection of two or more roadways by giving a visual indication to drivers when to proceed, when to slow, and when to stop. In some cases, traffic signals also indicate to drivers when they may make a turn.
This report contains market size and forecasts of LED Traffic Stoplight in global, including the following market information:
Global LED Traffic Stoplight Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global LED Traffic Stoplight Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five LED Traffic Stoplight companies in 2021 (%)
The global LED Traffic Stoplight market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
High Power LED Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of LED Traffic Stoplight include SWARCO, Dialight, Leotek, GE Current, Fama Traffic, Traffic Technologies, Anbang Electric, Sinowatcher Technology and Econolite Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the LED Traffic Stoplight manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global LED Traffic Stoplight Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Traffic Stoplight Market Segment Percentages, by Type, 2021 (%)
High Power LED
Conventional LED
Global LED Traffic Stoplight Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Traffic Stoplight Market Segment Percentages, by Application, 2021 (%)
Road
Highway
Other
Global LED Traffic Stoplight Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global LED Traffic Stoplight Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies LED Traffic Stoplight revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies LED Traffic Stoplight revenues share in global market, 2021 (%)
Key companies LED Traffic Stoplight sales in global market, 2017-2022 (Estimated), (K Units)
Key companies LED Traffic Stoplight sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
SWARCO
Dialight
Leotek
GE Current
Fama Traffic
Traffic Technologies
Anbang Electric
Sinowatcher Technology
Econolite Group
WERMA
Jingan
Trafitronics India