The Business Research Company’s Traffic Signals Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Traffic Signals Global Market Report 2023 evaluates traffic signals market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global traffic signals market size will grow from $26.21 billion in 2022 to $28.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global traffic signals is expected to grow to $38.1 billion in 2027 at a CAGR of 7.6%.
The traffic signals market segments in the report are:
1) By Type Of Power: Electric Power, Solar Energy
2) By Product Type: Portable, Stationary
3) By End Use: Railway, Airport, UrbanTraffic, Other End-Uses
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The table of contents in TBRC’s traffic signals market report includes:
1. Executive Summary
2. Traffic Signals Market Characteristics
3. Traffic Signals Market Trends And Strategies
4. Traffic Signals Market - Macro Economic Scenario
5. Traffic Signals Market Size And Growth
26. Africa Traffic Signals Market
27. Traffic Signals Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Traffic Signals Market
29. Traffic Signals Market Future Outlook and Potential Analysis
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