Global Digital Radar Speed Signs Market Growth 2023-2029

Global Digital Radar Speed Signs Market Growth 2023-2029

A radar speed sign is an interactive sign, generally constructed of a series of LEDs, which displays vehicle speed as motorists approach. The purpose of radar speed signs is to slow cars down by making drivers aware when they are driving at speeds above the posted limits.

LPI (LP Information)' newest research report, the “Digital Radar Speed Signs Industry Forecast” looks at past sales and reviews total world Digital Radar Speed Signs sales in 2022, providing a comprehensive analysis by region and market sector of projected Digital Radar Speed Signs sales for 2023 through 2029. With Digital Radar Speed Signs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Radar Speed Signs industry.

This Insight Report provides a comprehensive analysis of the global Digital Radar Speed Signs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital Radar Speed Signs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Digital Radar Speed Signs market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Radar Speed Signs and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Radar Speed Signs.

The global Digital Radar Speed Signs market size is projected to grow from US$ 195.9 million in 2022 to US$ 190.3 million in 2029; it is expected to grow at a CAGR of 190.3 from 2023 to 2029.

Global key players of digital radar speed signs include Carmanah Technologies, SWARCO, LACROIX City, IRD, etc. Global top five manufacturers hold a share over 35%. North America is the largest producer of digital radar speed signs holds a share over 39%. In terms of product, solar power is the largest segment, with a share over 49%. And in terms of application, the largest application is city road, with a share over 46%.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Radar Speed Signs market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Battery Power
AC Power
Solar Power

Segmentation by application
Highway
City Road
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Carmanah Technologies
SWARCO
LACROIX City
IRD
MPD, Inc
Wanco
TAPCO
Ver-Mac
Solar Technology, Inc.
Traffic Logix
TraffiCalm
Radarsign
Elan City
All Traffic Solutions
Stalker Radar (Applied Concepts)
Photonplay Systems
Fortel Traffic
American Signal Company
RTC Manufacturing
SA-SO
HMI Technologies
KALITEC
Pandora Technologies

Key Questions Addressed in this Report

What is the 10-year outlook for the global Digital Radar Speed Signs market?

What factors are driving Digital Radar Speed Signs market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Digital Radar Speed Signs market opportunities vary by end market size?

How does Digital Radar Speed Signs break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.