Global Digital Radar Speed Signs Market Research Report 2022

Global Digital Radar Speed Signs Market Research Report 2022

Market Analysis and Insights: Global Digital Radar Speed Signs Market
Due to the COVID-19 pandemic, the global Digital Radar Speed Signs market size is estimated to be worth US$ 227.23 million in 2022 and is forecast to a readjusted size of US$ 241.34 million by 2028 with a CAGR of 1.01% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Solar Power digltal radar speed signs accounting for 59.37% of the Digital Radar Speed Signs global market in 2021, is projected to value US$ 158.76 million by 2028, growing at a revised 2.47% CAGR from 2022 to 2028. While City Road segment is altered to a 0.77% CAGR throughout this forecast period.
North America Digital Radar Speed Signs market size was US$ 100.66 million in 2021, while Europe was US$ 38.39 million. The proportion of the North America was 50.24% in 2021, while Europe’s percentage was 19.16%, and it is predicted that Europe market share will reach 18.44% in 2028, trailing a CAGR of 0.66% through the analysis period (2022-2028).
The global major manufacturers of Digital Radar Speed Signs include TraffiCalm (MOR), Stalker Radar (Applied Concepts), MPD, Inc, Carmanah Technologies, TAPCO, Ver-Mac, Traffic Logix, Elan City, Photonplay Systems, All Traffic Solutions, etc. In terms of revenue, the global five largest players hold a 22.55% market share of Digital Radar Speed Signs in 2021.
Global Digital Radar Speed Signs Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Digital Radar Speed Signs Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

By Company
Carmanah Technologies
SWARCO
LACROIX City
IRD
MPD, Inc
Wanco
TAPCO
Ver-Mac
Solar Technology, Inc.
Traffic Logix
TraffiCalm (MOR)
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

Segment by Type
Battery Power
AC Power
Solar Power

Segment by Application
Highway
City Road
Others

Production by Region
North America
Europe
China
Asia-Pacific Others

Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America