Global LED Traffic Sign Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

  • Publish Date: Mar, 2020
  • Report ID: 417527
  • Category: Automotive
  • Pages: 105
$3480

Market Overview

The global LED Traffic Sign market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019.

The LED Traffic Sign market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

Market segmentation

LED Traffic Sign market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Type, LED Traffic Sign market has been segmented into

Red

Green

Yellow

By Application, LED Traffic Sign has been segmented into:

Electronics

Industrial Equipment

Automobile

Others

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the global LED Traffic Sign market presented in the report. This section sheds light on the sales growth of different regional and country-level LED Traffic Sign markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global LED Traffic Sign market.

The report offers in-depth assessment of the growth and other aspects of the LED Traffic Sign market in important countries (regions), including:

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, etc.)

Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)

Competitive Landscape and LED Traffic Sign Market Share Analysis

LED Traffic Sign competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, LED Traffic Sign sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the LED Traffic Sign sales, revenue and market share for each player covered in this report.

The major players covered in LED Traffic Sign are:

SWARCO

Federal Signal

Econolite Group

Among other players domestic and global, LED Traffic Sign market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. Our analysts understand competitive strengths and provide competitive analysis for each competitor separately.

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe LED Traffic Sign product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers of LED Traffic Sign, with price, sales, revenue and global market share of LED Traffic Sign in 2018 and 2019.

Chapter 3, the LED Traffic Sign competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the LED Traffic Sign breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.

Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.

Chapter 12, LED Traffic Sign market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.

Chapter 13, 14 and 15, to describe LED Traffic Sign sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Table of Contents

1 Market Overview

1.1 LED Traffic Sign Introduction

1.2 Market Analysis by Type

1.2.1 Overview: Global LED Traffic Sign Revenue by Type: 2015 VS 2019 VS 2025

1.2.2 Red

1.2.3 Green

1.2.4 Yellow

1.3 Market Analysis by Application

1.3.1 Overview: Global LED Traffic Sign Revenue by Application: 2015 VS 2019 VS 2025

1.3.2 Electronics

1.3.3 Industrial Equipment

1.3.4 Automobile

1.3.5 Others

1.4 Overview of Global LED Traffic Sign Market

1.4.1 Global LED Traffic Sign Market Status and Outlook (2015-2025)

1.4.2 North America (United States, Canada and Mexico)

1.4.3 Europe (Germany, France, United Kingdom, Russia and Italy)

1.4.4 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.5 South America, Middle East & Africa

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

2.1 SWARCO

2.1.1 SWARCO Details

2.1.2 SWARCO Major Business and Total Revenue (Financial Highlights) Analysis

2.1.3 SWARCO SWOT Analysis

2.1.4 SWARCO Product and Services

2.1.5 SWARCO LED Traffic Sign Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.2 Federal Signal

2.2.1 Federal Signal Details

2.2.2 Federal Signal Major Business and Total Revenue (Financial Highlights) Analysis

2.2.3 Federal Signal SWOT Analysis

2.2.4 Federal Signal Product and Services

2.2.5 Federal Signal LED Traffic Sign Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.3 Econolite Group

2.3.1 Econolite Group Details

2.3.2 Econolite Group Major Business and Total Revenue (Financial Highlights) Analysis

2.3.3 Econolite Group SWOT Analysis

2.3.4 Econolite Group Product and Services

2.3.5 Econolite Group LED Traffic Sign Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

3 Sales, Revenue and Market Share by Manufacturer

3.1 Global LED Traffic Sign Sales and Market Share by Manufacturer (2018-2019)

3.2 Global LED Traffic Sign Revenue and Market Share by Manufacturer (2018-2019)

3.3 Market Concentration Rate

3.3.1 Top 3 LED Traffic Sign Manufacturer Market Share in 2019

3.3.2 Top 6 LED Traffic Sign Manufacturer Market Share in 2019

3.4 Market Competition Trend

4 Global Market Analysis by Regions

4.1 Global LED Traffic Sign Sales, Revenue and Market Share by Regions

4.1.1 Global LED Traffic Sign Sales and Market Share by Regions (2015-2020)

4.1.2 Global LED Traffic Sign Revenue and Market Share by Regions (2015-2020)

4.2 North America LED Traffic Sign Sales and Growth Rate (2015-2020)

4.3 Europe LED Traffic Sign Sales and Growth Rate (2015-2020)

4.4 Asia-Pacific LED Traffic Sign Sales and Growth Rate (2015-2020)

4.5 South America LED Traffic Sign Sales and Growth Rate (2015-2020)

4.6 Middle East and Africa LED Traffic Sign Sales and Growth Rate (2015-2020)

5 North America by Country

5.1 North America LED Traffic Sign Sales, Revenue and Market Share by Country

5.1.1 North America LED Traffic Sign Sales and Market Share by Country (2015-2020)

5.1.2 North America LED Traffic Sign Revenue and Market Share by Country (2015-2020)

5.2 United States LED Traffic Sign Sales and Growth Rate (2015-2020)

5.3 Canada LED Traffic Sign Sales and Growth Rate (2015-2020)

5.4 Mexico LED Traffic Sign Sales and Growth Rate (2015-2020)

6 Europe by Country

6.1 Europe LED Traffic Sign Sales, Revenue and Market Share by Country

6.1.1 Europe LED Traffic Sign Sales and Market Share by Country (2015-2020)

6.1.2 Europe LED Traffic Sign Revenue and Market Share by Country (2015-2020)

6.2 Germany LED Traffic Sign Sales and Growth Rate (2015-2020)

6.3 UK LED Traffic Sign Sales and Growth Rate (2015-2020)

6.4 France LED Traffic Sign Sales and Growth Rate (2015-2020)

6.5 Russia LED Traffic Sign Sales and Growth Rate (2015-2020)

6.6 Italy LED Traffic Sign Sales and Growth Rate (2015-2020)

7 Asia-Pacific by Regions

7.1 Asia-Pacific LED Traffic Sign Sales, Revenue and Market Share by Regions

7.1.1 Asia-Pacific LED Traffic Sign Sales and Market Share by Regions (2015-2020)

7.1.2 Asia-Pacific LED Traffic Sign Revenue and Market Share by Regions (2015-2020)

7.2 China LED Traffic Sign Sales and Growth Rate (2015-2020)

7.3 Japan LED Traffic Sign Sales and Growth Rate (2015-2020)

7.4 Korea LED Traffic Sign Sales and Growth Rate (2015-2020)

7.5 India LED Traffic Sign Sales and Growth Rate (2015-2020)

7.6 Southeast Asia LED Traffic Sign Sales and Growth Rate (2015-2020)

7.7 Australia LED Traffic Sign Sales and Growth Rate (2015-2020)

8 South America by Country

8.1 South America LED Traffic Sign Sales, Revenue and Market Share by Country

8.1.1 South America LED Traffic Sign Sales and Market Share by Country (2015-2020)

8.1.2 South America LED Traffic Sign Revenue and Market Share by Country (2015-2020)

8.2 Brazil LED Traffic Sign Sales and Growth Rate (2015-2020)

8.3 Argentina LED Traffic Sign Sales and Growth Rate (2015-2020)

9 Middle East & Africa by Countries

9.1 Middle East & Africa LED Traffic Sign Sales, Revenue and Market Share by Country

9.1.1 Middle East & Africa LED Traffic Sign Sales and Market Share by Country (2015-2020)

9.1.2 Middle East & Africa LED Traffic Sign Revenue and Market Share by Country (2015-2020)

9.2 Saudi Arabia LED Traffic Sign Sales and Growth Rate (2015-2020)

9.3 Turkey LED Traffic Sign Sales and Growth Rate (2015-2020)

9.4 Egypt LED Traffic Sign Sales and Growth Rate (2015-2020)

9.5 South Africa LED Traffic Sign Sales and Growth Rate (2015-2020)

10 Market Segment by Type

10.1 Global LED Traffic Sign Sales and Market Share by Type (2015-2020)

10.2 Global LED Traffic Sign Revenue and Market Share by Type (2015-2020)

10.3 Global LED Traffic Sign Price by Type (2015-2020)

11 Global LED Traffic Sign Market Segment by Application

11.1 Global LED Traffic Sign Sales Market Share by Application (2015-2020)

11.2 Global LED Traffic Sign Revenue Market Share by Application (2015-2020)

11.3 Global LED Traffic Sign Price by Application (2015-2020)

12 Market Forecast

12.1 Global LED Traffic Sign Sales, Revenue and Growth Rate (2021-2025)

12.2 LED Traffic Sign Market Forecast by Regions (2021-2025)

12.2.1 North America LED Traffic Sign Market Forecast (2021-2025)

12.2.2 Europe LED Traffic Sign Market Forecast (2021-2025)

12.2.3 Asia-Pacific LED Traffic Sign Market Forecast (2021-2025)

12.2.4 South America LED Traffic Sign Market Forecast (2021-2025)

12.2.5 Middle East & Africa LED Traffic Sign Market Forecast (2021-2025)

12.3 LED Traffic Sign Market Forecast by Type (2021-2025)

12.3.1 Global LED Traffic Sign Sales Forecast by Type (2021-2025)

12.3.2 Global LED Traffic Sign Market Share Forecast by Type (2021-2025)

12.4 LED Traffic Sign Market Forecast by Application (2021-2025)

12.4.1 Global LED Traffic Sign Sales Forecast by Application (2021-2025)

12.4.2 Global LED Traffic Sign Market Share Forecast by Application (2021-2025)

13 Sales Channel, Distributors, Traders and Dealers

13.1 Sales Channel

13.1.1 Direct Marketing

13.1.2 Indirect Marketing

13.2 Distributors, Traders and Dealers

14 Research Findings and Conclusion

15 Appendix

15.1 Methodology

15.2 Data Source

15.3 Disclaimer

15.4 About US


List of Tables

Table 1. Global LED Traffic Sign Revenue (USD Million) by Type: 2015 VS 2019 VS 2025

Table 2. Breakdown of LED Traffic Sign by Company Type (Tier 1, Tier 2 and Tier 3)

Table 3. Global LED Traffic Sign Revenue (USD Million) by Application: 2015 VS 2019 VS 2025

Table 4. Market Opportunities in Next Few Years

Table 5. Market Risks Analysis

Table 6. Market Drivers

Table 7. SWARCO Basic Information, Manufacturing Base and Competitors

Table 8. SWARCO LED Traffic Sign Major Business

Table 9. SWARCO LED Traffic Sign Total Revenue (USD Million) (2018-2019)

Table 10. SWARCO SWOT Analysis

Table 11. SWARCO LED Traffic Sign Product and Services

Table 12. SWARCO LED Traffic Sign Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

Table 13. Federal Signal Basic Information, Manufacturing Base and Competitors

Table 14. Federal Signal LED Traffic Sign Major Business

Table 15. Federal Signal LED Traffic Sign Total Revenue (USD Million) (2018-2019)

Table 16. Federal Signal SWOT Analysis

Table 17. Federal Signal LED Traffic Sign Product and Services

Table 18. Federal Signal LED Traffic Sign Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

Table 19. Econolite Group Basic Information, Manufacturing Base and Competitors

Table 20. Econolite Group LED Traffic Sign Major Business

Table 21. Econolite Group LED Traffic Sign Total Revenue (USD Million) (2018-2019)

Table 22. Econolite Group SWOT Analysis

Table 23. Econolite Group LED Traffic Sign Product and Services

Table 24. Econolite Group LED Traffic Sign Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

Table 25. Global LED Traffic Sign Sales by Manufacturer (2018-2019) (K Units)

Table 26. Global LED Traffic Sign Revenue by Manufacturer (2018-2019) (USD Million)

Table 27. Global LED Traffic Sign Sales by Regions (2015-2020) (K Units)

Table 28. Global LED Traffic Sign Sales Market Share by Regions (2015-2020)

Table 29. Global LED Traffic Sign Revenue by Regions (2015-2020) (USD Million)

Table 30. North America LED Traffic Sign Sales by Countries (2015-2020) (K Units)

Table 31. North America LED Traffic Sign Sales Market Share by Countries (2015-2020)

Table 32. North America LED Traffic Sign Revenue by Countries (2015-2020) (USD Million)

Table 33. North America LED Traffic Sign Revenue Market Share by Countries (2015-2020)

Table 34. Europe LED Traffic Sign Sales by Countries (2015-2020) (K Units)

Table 35. Europe LED Traffic Sign Sales Market Share by Countries (2015-2020)

Table 36. Europe LED Traffic Sign Revenue by Countries (2015-2020) (USD Million)

Table 37. Asia-Pacific LED Traffic Sign Sales by Regions (2015-2020) (K Units)

Table 38. Asia-Pacific LED Traffic Sign Sales Market Share by Regions (2015-2020)

Table 39. Asia-Pacific LED Traffic Sign Revenue by Regions (2015-2020) (USD Million)

Table 40. South America LED Traffic Sign Sales by Countries (2015-2020) (K Units)

Table 41. South America LED Traffic Sign Sales Market Share by Countries (2015-2020)

Table 42. South America LED Traffic Sign Revenue by Countries (2015-2020) (USD Million)

Table 43. South America LED Traffic Sign Revenue Market Share by Countries (2015-2020)

Table 44. Middle East & Africa LED Traffic Sign Sales by Countries (2015-2020) (K Units)

Table 45. Middle East & Africa LED Traffic Sign Sales Market Share by Countries (2015-2020)

Table 46. Middle East & Africa LED Traffic Sign Revenue by Countries (2015-2020) (USD Million)

Table 47. Middle East & Africa LED Traffic Sign Revenue Market Share by Countries (2015-2020)

Table 48. Global LED Traffic Sign Sales by Type (2015-2020) (K Units)

Table 49. Global LED Traffic Sign Sales Share by Type (2015-2020)

Table 50. Global LED Traffic Sign Revenue by Type (2015-2020) (USD Million)

Table 51. Global LED Traffic Sign Revenue Share by Type (2015-2020)

Table 52. Global LED Traffic Sign Sales by Application (2015-2020) (K Units)

Table 53. Global LED Traffic Sign Sales Share by Application (2015-2020)

Table 54. Global LED Traffic Sign Sales Forecast by Regions (2021-2025) (K Units)

Table 55. Global LED Traffic Sign Market Share Forecast by Regions (2021-2025)

Table 56. Global LED Traffic Sign Sales Forecast by Type (2021-2025) (K Units)

Table 57. Global LED Traffic Sign Market Share Forecast by Type (2021-2025)

Table 58. Global LED Traffic Sign Sales Forecast by Application (2021-2025)

Table 59. Global LED Traffic Sign Market Share Forecast by Application (2021-2025)

Table 60. Direct Channel Pros & Cons

Table 61. Indirect Channel Pros & Cons

Table 62. Distributors/Traders/ Dealers List

List of Figures

Figure 1. LED Traffic Sign Picture

Figure 2. Global Sales Market Share of LED Traffic Sign by Type in 2019

Figure 3. Red Picture

Figure 4. Green Picture

Figure 5. Yellow Picture

Figure 6. LED Traffic Sign Sales Market Share by Application in 2018

Figure 7. Electronics Picture

Figure 8. Industrial Equipment Picture

Figure 9. Automobile Picture

Figure 10. Others Picture

Figure 11. Global LED Traffic Sign Market Status and Outlook (2015-2025) (USD Million)

Figure 12. United States LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 13. Canada LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 14. Mexico LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 15. Germany LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 16. France LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 17. UK LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 18. Russia LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 19. Italy LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 20. China LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 21. Japan LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 22. Korea LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 23. India LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 24. Southeast Asia LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 25. Australia LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025) (USD Million)

Figure 26. Brazil LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 27. Egypt LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 28. Saudi Arabia LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 29. South Africa LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 30. Turkey LED Traffic Sign Revenue (Value) and Growth Rate (2015-2025)

Figure 31. Global LED Traffic Sign Sales Market Share by Manufacturer in 2019

Figure 32. Global LED Traffic Sign Revenue Market Share by Manufacturer in 2019

Figure 33. Top 3 LED Traffic Sign Manufacturer (Revenue) Market Share in 2019

Figure 34. Top 6 LED Traffic Sign Manufacturer (Revenue) Market Share in 2019

Figure 35. Key Manufacturer Market Share Trend

Figure 36. Global LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 37. Global LED Traffic Sign Revenue and Growth Rate (2015-2020) (USD Million)

Figure 38. Global LED Traffic Sign Revenue Market Share by Regions (2015-2020)

Figure 39. Global LED Traffic Sign Revenue Market Share by Regions in 2018

Figure 40. North America LED Traffic Sign Sales and Growth Rate (2015-2020)

Figure 41. Europe LED Traffic Sign Sales and Growth Rate (2015-2020)

Figure 42. Asia-Pacific LED Traffic Sign Sales and Growth Rate (2015-2020)

Figure 43. South America LED Traffic Sign Sales and Growth Rate (2015-2020)

Figure 44. Middle East & Africa LED Traffic Sign Sales and Growth Rate (2015-2020)

Figure 45. North America LED Traffic Sign Revenue and Growth Rate (2015-2020) (USD Million)

Figure 46. North America LED Traffic Sign Sales Market Share by Countries (2015-2020)

Figure 47. North America LED Traffic Sign Sales Market Share by Countries in 2018

Figure 48. North America LED Traffic Sign Revenue Market Share by Countries (2015-2020) (USD Million)

Figure 49. North America LED Traffic Sign Revenue Market Share by Countries in 2018

Figure 50. United States LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 51. Canada LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 52. Mexico LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 53. Europe LED Traffic Sign Revenue and Growth Rate (2015-2020) (USD Million)

Figure 54. Europe LED Traffic Sign Revenue Market Share by Countries (2015-2020)

Figure 55. Europe LED Traffic Sign Revenue Market Share by Countries in 2019

Figure 56. Germany LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 57. UK LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 58. France LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 59. Russia LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 60. Italy LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 61. Asia-Pacific LED Traffic Sign Revenue and Growth Rate (2015-2020) (USD Million)

Figure 62. Asia-Pacific LED Traffic Sign Sales Market Share by Regions 2019

Figure 63. Asia-Pacific LED Traffic Sign Revenue Market Share by Regions 2019

Figure 64. China LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 65. Japan LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 66. Korea LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 67. India LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 68. Southeast Asia LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 69. South America LED Traffic Sign Revenue and Growth Rate (2015-2020) (USD Million)

Figure 70. South America LED Traffic Sign Sales Market Share by Countries in 2019

Figure 71. South America LED Traffic Sign Revenue Market Share by Countries in 2019

Figure 72. Brazil LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 73. Argentina LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 74. Middle East and Africa LED Traffic Sign Revenue and Growth Rate (2015-2020) (USD Million)

Figure 75. Middle East and Africa LED Traffic Sign Sales Market Share by Countries in 2019

Figure 76. Middle East and Africa LED Traffic Sign Revenue Market Share by Countries (2015-2020)

Figure 77. Middle East and Africa LED Traffic Sign Revenue Market Share by Countries in 2019

Figure 78. Saudi Arabia LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 79. Egypt LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 80. Turkey LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 81. South Africa LED Traffic Sign Sales and Growth Rate (2015-2020) (K Units)

Figure 82. Global LED Traffic Sign Sales and Growth Rate (2021-2025) (K Units)

Figure 83. Global LED Traffic Sign Revenue and Growth Rate (2021-2025) (USD Million)

Figure 84. North America Sales LED Traffic Sign Market Forecast (2021-2025) (K Units)

Figure 85. Europe Sales LED Traffic Sign Market Forecast (2021-2025) (K Units)

Figure 86. Asia-Pacific Sales LED Traffic Sign Market Forecast (2021-2025) (K Units)

Figure 87. South America Sales LED Traffic Sign Market Forecast (2021-2025) (K Units)

Figure 88. Middle East & Africa Sales LED Traffic Sign Market Forecast (2021-2025) (K Units)

Figure 89. Sales Channel: Direct Channel vs Indirect Channel

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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