Traffic Signal Controller Market

A traffic signal controller is an automated device that regulates the sequencing and timing of traffic signals by monitoring vehicular and pedestrian demands and adjusting to meet these requirements. The controller has the ability to allow co-ordination of traffic flows between adjacent intersections when connected to a co-ordinated adaptive traffic signal controller.

Traffic Signal Controller Market contains market size and forecasts of Traffic Signal Controller in global, including the following market information:

Global Traffic Signal Controller Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Traffic Signal Controller Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Traffic Signal Controller companies in 2021 (%)

The global Traffic Signal Controller market was valued at 1243 million in 2021 and is projected to reach US$ 1419.4 million by 2028, at a CAGR of 1.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Centralized Adaptive Traffic Signal Controller Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Traffic Signal Controller include Siemens, Swarco Group (McCain), Econolite, Cubic (Trafficware), Hisense TransTech, QTC (Traffic Technologies Ltd), Nippon Signal, Johnson Controls (Tyco Traffic & Transportation) and Nanjing Les Information, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Traffic Signal Controller manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Traffic Signal Controller Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Traffic Signal Controller Market Segment Percentages, by Type, 2021 (%)

• Centralized Adaptive Traffic Signal Controller
• Fixed Time Traffic Signal Controller
• Actuated Control Traffic Signal Controller

Global Traffic Signal Controller Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Traffic Signal Controller Market Segment Percentages, by Application, 2021 (%)

• Urban
• Suburbs

Global Traffic Signal Controller Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Traffic Signal Controller Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Traffic Signal Controller revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Traffic Signal Controller revenues share in global market, 2021 (%)
• Key companies Traffic Signal Controller sales in global market, 2017-2022 (Estimated), (K Units)
• Key companies Traffic Signal Controller sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Siemens
• Swarco Group (McCain)
• Econolite
• Cubic (Trafficware)
• Hisense TransTech
• QTC (Traffic Technologies Ltd)
• Nippon Signal
• Johnson Controls (Tyco Traffic & Transportation)
• Nanjing Les Information
• Sumitomo Electric Industries
• Intelight
• Kyosan
• ATC
• JARI Electronics
• Hikvision
• Dahua Technology