Market Overview:
The global traffic safety products market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about road safety and the rising number of accidents across the globe. In addition, government initiatives for improving road infrastructure are also contributing to the growth of this market. The traffic vest and rainwear segment is expected to dominate the global traffic safety products market during the forecast period, owing to their growing demand in developed countries such as North America and Europe. The tube delineators segment is projected to grow at a high CAGR during the forecast period, due its increasing use in developing countries such as India and China.
Product Definition:
Traffic safety products are items used to improve the safety of people travelling in or near motor vehicles. These products can include items such as seat belts, airbags, and car seats. The use of traffic safety products can help to reduce the risk of injuries in a motor vehicle accident.
Traffic Vest and Rainwear:
Traffic vests and rainwear are a new type of product that has evolved in the market over the past few years. It is used by traffic police to manage vehicular congestion or crowd control situations. The primary function of these products is to enable police officers to maintain order among vehicles on roadways during heavy rains, without causing any harm to drivers or passengers.
Tube Delineators:
The global tube delineators market is expected to witness significant growth over the forecast period. The demand for these products is anticipated to increase owing to their wide range of applications in traffic safety devices such as road cones, road signs, and barrier gates. These are used as a part of traffic control and warning devices along with being a standalone device for indicating or controlling certain activities such as parking or changing lanes.
Application Insights:
Highway application dominated the global traffic safety products market, accounting for over 60% of the revenue share in 2017. The increasing number of road users and vehicles has led to an increase in the risk of accidents on roads. Moreover, governments around the world are taking initiatives to make roads safer by installing traffic calming measures such as rumble strips and speed humps along with a rise in demand for reflective materials that help drivers see each other better at night. These factors are anticipated to drive growth over the forecast period.
Parking lot application is expected register significant growth during the forecast period owing to its high visibility among vehicle drivers as it acts as a warning signal if there is any problem with parking or surroundings which can lead to an accident hazard situation due to lack of awareness about surroundings while driving or walking near parked vehicles at night time when visibility is low leading towards increased demand for traffic safety products including cones and barriers among others which will have a positive impact on market growth during this time frame.
Regional Analysis:
North America dominated the global traffic safety products market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing road accidents and fatalities as well as growing awareness about traffic safety among consumers. In addition, stringent regulations regarding driver’s licenses and vehicle registration are also driving regional growth. Europe accounted for more than 25% of the overall revenue share in 2017 on account of high demand from countries such as Germany, France and U.K.
Asia Pacific is anticipated to be one of the fastest-growing markets over the forecast period owing to rising disposable income especially among middle-class population groups in developing economies including China.
Growth Factors:
- Increasing awareness about traffic safety products and their benefits
- Rising number of road accidents and fatalities across the globe
- Stringent government regulations and norms for traffic safety products
- Growing demand for advanced and innovative traffic safety products
- Technological advancements in the field of traffic safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Traffic Safety Products Market Research Report
By Type
Traffic Vest and Rainwear, Tube Delineators, Barricades, Cones, Others
By Application
Highway, Parking Lot, Others
By Companies
3M, Emedco, MCR Safety, Pexco Davidson Traffic Control Products, RoadSafe Traffic Systems, Roadtech Manufacturing, SA-SO, STHIL, The Cortina Companies, 3M
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Traffic Safety Products Market Report Segments:
The global Traffic Safety Products market is segmented on the basis of:
Types
Traffic Vest and Rainwear, Tube Delineators, Barricades, Cones, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Highway, Parking Lot, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Emedco
- MCR Safety
- Pexco Davidson Traffic Control Products
- RoadSafe Traffic Systems
- Roadtech Manufacturing
- SA-SO
- STHIL
- The Cortina Companies
- 3M
Highlights of The Traffic Safety Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Traffic Vest and Rainwear
- Tube Delineators
- Barricades
- Cones
- Others
- By Application:
- Highway
- Parking Lot
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Traffic Safety Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Traffic safety products are devices or materials that can be used to reduce the risk of accidents. These products may include seat belts, child restraints, motorcycle helmets, and reflective clothing.
Some of the major players in the traffic safety products market are 3M, Emedco, MCR Safety, Pexco Davidson Traffic Control Products, RoadSafe Traffic Systems, Roadtech Manufacturing, SA-SO, STHIL, The Cortina Companies, 3M.
The traffic safety products market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Traffic Safety Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Traffic Safety Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Traffic Safety Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Traffic Safety Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Traffic Safety Products Market Size & Forecast, 2018-2028
4.5.1 Traffic Safety Products Market Size and Y-o-Y Growth
4.5.2 Traffic Safety Products Market Absolute $ Opportunity
Chapter 5 Global Traffic Safety Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Traffic Safety Products Market Size Forecast by Type
5.2.1 Traffic Vest and Rainwear
5.2.2 Tube Delineators
5.2.3 Barricades
5.2.4 Cones
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Traffic Safety Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Traffic Safety Products Market Size Forecast by Applications
6.2.1 Highway
6.2.2 Parking Lot
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Traffic Safety Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Traffic Safety Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Traffic Safety Products Analysis and Forecast
9.1 Introduction
9.2 North America Traffic Safety Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Traffic Safety Products Market Size Forecast by Type
9.6.1 Traffic Vest and Rainwear
9.6.2 Tube Delineators
9.6.3 Barricades
9.6.4 Cones
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Traffic Safety Products Market Size Forecast by Applications
9.10.1 Highway
9.10.2 Parking Lot
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Traffic Safety Products Analysis and Forecast
10.1 Introduction
10.2 Europe Traffic Safety Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Traffic Safety Products Market Size Forecast by Type
10.6.1 Traffic Vest and Rainwear
10.6.2 Tube Delineators
10.6.3 Barricades
10.6.4 Cones
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Traffic Safety Products Market Size Forecast by Applications
10.10.1 Highway
10.10.2 Parking Lot
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Traffic Safety Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Traffic Safety Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Traffic Safety Products Market Size Forecast by Type
11.6.1 Traffic Vest and Rainwear
11.6.2 Tube Delineators
11.6.3 Barricades
11.6.4 Cones
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Traffic Safety Products Market Size Forecast by Applications
11.10.1 Highway
11.10.2 Parking Lot
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Traffic Safety Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Traffic Safety Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Traffic Safety Products Market Size Forecast by Type
12.6.1 Traffic Vest and Rainwear
12.6.2 Tube Delineators
12.6.3 Barricades
12.6.4 Cones
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Traffic Safety Products Market Size Forecast by Applications
12.10.1 Highway
12.10.2 Parking Lot
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Traffic Safety Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Traffic Safety Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Traffic Safety Products Market Size Forecast by Type
13.6.1 Traffic Vest and Rainwear
13.6.2 Tube Delineators
13.6.3 Barricades
13.6.4 Cones
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Traffic Safety Products Market Size Forecast by Applications
13.10.1 Highway
13.10.2 Parking Lot
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Traffic Safety Products Market: Competitive Dashboard
14.2 Global Traffic Safety Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Emedco
14.3.3 MCR Safety
14.3.4 Pexco Davidson Traffic Control Products
14.3.5 RoadSafe Traffic Systems
14.3.6 Roadtech Manufacturing
14.3.7 SA-SO
14.3.8 STHIL
14.3.9 The Cortina Companies
14.3.10 3M
