The global traffic sign market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing number of vehicles on roads and the need for better road safety measures. The increasing population in developing countries is also driving the demand for traffic signs, as they are more prone to accidents due to lack of awareness about traffic rules and regulations. The global traffic sign market by type is segmented into three categories: Traffic Signs above 2 sqm, Traffic Signs between 2 sqm, and Traffic Signs below 1 sqm. The largest segment in terms of revenue contribution is Traffic Signs above 2 sqm with a share of over 50%. This can be attributed to their higher visibility which makes them more effective than smaller signs in guiding drivers on roads.
- The number of vehicles on the road is increasing, which means more traffic signs are needed to regulate traffic flow.
- Traffic signs are required by law in many countries, so there is a need for them to be replaced when they become damaged or outdated.
- Traffic signs can be used as a form of advertising for businesses and organizations that want to promote their products or services on the side of the road where people are driving by at high speeds.
- Traffic sign theft has been an issue in some areas, which means that new traffic signs need to be installed in order to replace those that have been stolen or vandalized over time.
- There is an increased demand for LED traffic lights because they use less energy than traditional incandescent bulbs and last longer before needing replacement.
Industry Growth Insights published a new data on “Traffic Sign Market”. The research report is titled “Traffic Sign Market research by Types (Traffic Signs above 2 Sqm, Traffic Signs between 1-2 Sqm, Traffic Signs below 1 Sqm), By Applications (Guide and Direction Signs, Warning Signs, Regulatory Signs), By Players/Companies 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”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Traffic Sign Market Research Report
By Type
Traffic Signs above 2 Sqm, Traffic Signs between 1-2 Sqm, Traffic Signs below 1 Sqm
By Application
Guide and Direction Signs, Warning Signs, Regulatory Signs
By Companies
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
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Traffic Sign Market Report Segments:
The global Traffic Sign market is segmented on the basis of:
Types
Traffic Signs above 2 Sqm, Traffic Signs between 1-2 Sqm, Traffic Signs below 1 Sqm
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
Guide and Direction Signs, Warning Signs, Regulatory Signs
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:
- 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
Highlights of The Traffic Sign 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 Signs above 2 Sqm
- Traffic Signs between 1-2 Sqm
- Traffic Signs below 1 Sqm
- By Application:
- Guide and Direction Signs
- Warning Signs
- Regulatory Signs
- 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 Sign 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.
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- Correctly Positioning New Products
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- Product & Brand Management
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- 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?
A traffic sign is a physical object, typically a pole or post, with standardized markings that indicate the permitted or prohibited use of a road.
Some of the key players operating in the traffic sign market are 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.
The traffic sign market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Traffic Sign Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Traffic Sign Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Traffic Sign Market - Supply Chain
4.5. Global Traffic Sign Market Forecast
4.5.1. Traffic Sign Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Traffic Sign Market Size (000 Units) and Y-o-Y Growth
4.5.3. Traffic Sign Market Absolute $ Opportunity
5. Global Traffic Sign Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Traffic Sign Market Size and Volume Forecast by Type
5.3.1. Traffic Signs above 2 Sqm
5.3.2. Traffic Signs between 1-2 Sqm
5.3.3. Traffic Signs below 1 Sqm
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Traffic Sign Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Traffic Sign Market Size and Volume Forecast by Application
6.3.1. Guide and Direction Signs
6.3.2. Warning Signs
6.3.3. Regulatory Signs
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Traffic Sign Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Traffic Sign Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Traffic Sign Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Traffic Sign Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Traffic Sign Demand Share Forecast, 2019-2026
9. North America Traffic Sign Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Traffic Sign Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Traffic Sign Market Size and Volume Forecast by Application
9.4.1. Guide and Direction Signs
9.4.2. Warning Signs
9.4.3. Regulatory Signs
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Traffic Sign Market Size and Volume Forecast by Type
9.7.1. Traffic Signs above 2 Sqm
9.7.2. Traffic Signs between 1-2 Sqm
9.7.3. Traffic Signs below 1 Sqm
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Traffic Sign Demand Share Forecast, 2019-2026
10. Latin America Traffic Sign Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Traffic Sign Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Traffic Sign Market Size and Volume Forecast by Application
10.4.1. Guide and Direction Signs
10.4.2. Warning Signs
10.4.3. Regulatory Signs
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Traffic Sign Market Size and Volume Forecast by Type
10.7.1. Traffic Signs above 2 Sqm
10.7.2. Traffic Signs between 1-2 Sqm
10.7.3. Traffic Signs below 1 Sqm
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Traffic Sign Demand Share Forecast, 2019-2026
11. Europe Traffic Sign Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Traffic Sign Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Traffic Sign Market Size and Volume Forecast by Application
11.4.1. Guide and Direction Signs
11.4.2. Warning Signs
11.4.3. Regulatory Signs
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Traffic Sign Market Size and Volume Forecast by Type
11.7.1. Traffic Signs above 2 Sqm
11.7.2. Traffic Signs between 1-2 Sqm
11.7.3. Traffic Signs below 1 Sqm
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.0. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Traffic Sign Demand Share, 2019-2026
12. Asia Pacific Traffic Sign Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Traffic Sign Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Traffic Sign Market Size and Volume Forecast by Application
12.4.1. Guide and Direction Signs
12.4.2. Warning Signs
12.4.3. Regulatory Signs
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Traffic Sign Market Size and Volume Forecast by Type
12.7.1. Traffic Signs above 2 Sqm
12.7.2. Traffic Signs between 1-2 Sqm
12.7.3. Traffic Signs below 1 Sqm
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Traffic Sign Demand Share, 2019-2026
13. Middle East & Africa Traffic Sign Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Traffic Sign Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Traffic Sign Market Size and Volume Forecast by Application
13.4.1. Guide and Direction Signs
13.4.2. Warning Signs
13.4.3. Regulatory Signs
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Traffic Sign Market Size and Volume Forecast by Type
13.7.1. Traffic Signs above 2 Sqm
13.7.2. Traffic Signs between 1-2 Sqm
13.7.3. Traffic Signs below 1 Sqm
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Traffic Sign Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Traffic Sign Market: Market Share Analysis
14.2. Traffic Sign Distributors and Customers
14.3. Traffic Sign Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. USA Traffic Signs
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Swarco Traffic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Novelis
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. McCain
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. 3M
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lacroix Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Traffic Signs NZ
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rennicks
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Traffic Tech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. William Smith
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. RAI Products
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Segnaletica
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Elderlee
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Traffic Signs & Safety
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Lyle Signs
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Feiyao Jiao Tong
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Haowei Traffic
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Schwab Label Factory
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shanghai Luhao
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Changeda Traffic
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook