Variable Message Signs For Intelligent Transportation System Market Analysis By Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

Report Description

Global variable message signs for intelligent transportation system market may register an impressive growth in the forecast period, 2023-2027, due to rapidly increasing number of vehicles and thus caused road accidents. Surge in the demand for variable message signs for intelligent transportation system is also due to rising concerns among the population toward maintaining the long term safety of the vehicles on road. The system plays an important role in allowing the driver to maintain safe distance during the drives, thereby driving the growth of the global variable message signs for intelligent transportation system market in the upcoming five years.

Variable message signs are electronic and intelligent display panels for road traffic management that allow text and graphic variable messages to be combined, resulting in a more effective means of controlling traffic. The aim of using these systems is to provide the vehicle driver mandatory or advisory information regarding the road, and the drive-way. The system has advantages that includes decreasing the driver’s stress during variable driving faults, along with managing the travel time and enhances traffic safety.

Growing Concerns For Real-Time Traffic Management

Real time traffic management is a highly concerning aspect of traffic management. The stress over real time traffic management is increasing due to rapidly increasing road accidents and road kills that are often avoidable and may occur due to lack of concentration and due to human mistakes. To decrease such avoidable road accidents, applications of the variable message signs for intelligent transportation system is increasing and thus aiding the growth of the global variable message signs for intelligent transportation system market in the upcoming five years.

Increasing number of accidents have taken severe toll on growing mortality rates all around the world. Overly populated countries and increasing demands for the persona vehicles add to the growing instances of the accidents. Every year the lives of approximately 1.3 million people are cut short as a result of a road traffic crash all around the world. Although strict regulations toward following the traffic rules, are implemented, driving through the difficult terrains and difficult roads often leads to increasing cases of accidents.

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Market Segmentation

The global variable message sign for intelligent transportation system market segmentation is based on component, technology, application, regional distribution, and competitive landscape. Based on component, the market is differentiated between hardware and software. By technology, the market is fragmented into electro-mechanical signs, reflective flip-disk signs, and light emitting signs. Based on application, the market is bifurcated into active traffic management, highway advisory radios, road/weather information system, and others. The market analysis also studies the regional segmentation, divided among Asia-Pacific region, North American region, European & CIS region, South American region, and Middle East & African region.

Company Profile

Skyline Products, Inc., Triple Sign System AB, 3M Company, Daktronics Dr., Valmont Industries, Inc., Yaham Optoelectronics Co., Ltd., McCain, Inc., Wanco Inc., Efftronics Systems Pvt. Ltd., Onnyx Electronisys Pvt. Ltd., are enlisted in a partial list of major market players of the global variable message signs for intelligent transportation system market.

Attribute	Details
Base Year	2021
Historical Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Component · Technology · Application
Regional scope	North America; Europe & CIS; Asia Pacific; South America; Middle East & Africa
Country scope	United States, Mexico, Canada, China, China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, South Korea, Germany, France, United Kingdom, Spain, Italy, Russia, Brazil, Argentina, Colombia, South Africa, UAE, Saudi Arabia, Egypt, Turkey.
Key companies profiled	Skyline Products, Inc., Triple Sign System AB, 3M Company, Daktronics Dr., Valmont Industries, Inc., Yaham Optoelectronics Co., Ltd., McCain, Inc., Wanco Inc., Efftronics Systems Pvt. Ltd., Onnyx Electronisys Pvt. Ltd.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global variable message sign for intelligent transportation system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Variable Message Signs For Intelligent Transportation System Market, By Component:

Hardware
Software

Variable Message Signs For Intelligent Transportation System Market, By Technology:

Electro-Mechanical Signs
Reflective Flip-Disk Signs
Light Emitting Signs

Variable Message Signs For Intelligent Transportation System Market, By Application:

Active Traffic Management
Highway Advisory Radios
Road/Weather Information System
Others

Variable Message Signs For Intelligent Transportation System Market, By Region:

North America

United States
Mexico
Canada

Asia-Pacific

China
India
Japan
Malaysia
Thailand
Indonesia
Vietnam
South Korea

Europe & CIS

France
Germany
United Kingdom
Spain
Italy
Russia

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE
Egypt
Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global variable message signs for intelligent transportation system market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Variable Message Signs For Intelligent Transportation System Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Impact of COVID-19 on Global Variable Message Signs for Intelligent Transportation System Market

5. Voice of Customer

5.1. Factors Influencing Purchase Decision

5.2. Brand Satisfaction Level

5.3. Aided and Unaided Brand Recall

6. Global Variable Message Signs for Intelligent Transportation System Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Component (Hardware, Software)

6.2.2. By Technology (Electro-Mechanical Signs, Reflective Flip-Disk Signs, and Light Emitting Signs)

6.2.3. By Application (Active Traffic Management, Highway Advisory Radios, Road/Weather Information System, and Others)

6.2.4. By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)

6.2.5. By Company (2021)

6.3. Product Market Map (By Component, By Region)

7. North America Variable Message Signs for Intelligent Transportation System Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Component

7.2.2. By Technology

7.2.3. By Application

7.2.4. By Country (United States; Canada; Mexico)

7.3. Product Market Map (By Component, By Country)

7.4. North America: Country Analysis

7.4.1. United States Variable Message Signs for Intelligent Transportation System Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Component

7.4.1.2.2. By Technology

7.4.1.2.3. By Application

7.4.2. Canada Variable Message Signs for Intelligent Transportation System Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Component

7.4.2.2.2. By Technology

7.4.2.2.3. By Application

7.4.3. Mexico Variable Message Signs for Intelligent Transportation System Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Component

7.4.3.2.2. By Technology

7.4.3.2.3. By Application

8. Asia Pacific Variable Message Signs for Intelligent Transportation System Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Component

8.2.2. By Technology

8.2.3. By Application

8.2.4. By Country (China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, South Korea)

8.2.5. Product Market Map (By Component, By Country)

8.3. Asia Pacific: Country Analysis

8.3.1. China Variable Message Signs for Intelligent Transportation System Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Component

8.3.1.2.2. By Technology

8.3.1.2.3. By Application

8.3.2. India Variable Message Signs for Intelligent Transportation System Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Component

8.3.2.2.2. By Technology

8.3.2.2.3. By Application

8.3.3. Japan Variable Message Signs for Intelligent Transportation System Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Component

8.3.3.2.2. By Technology

8.3.3.2.3. By Application

8.3.4. Malaysia Variable Message Signs for Intelligent Transportation System Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Component

8.3.4.2.2. By Technology

8.3.4.2.3. By Application

8.3.5. Thailand Variable Message Signs for Intelligent Transportation System Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Component

8.3.5.2.2. By Technology

8.3.5.2.3. By Application

8.3.6. Indonesia Variable Message Signs for Intelligent Transportation System Market Outlook

8.3.6.1. Market Size & Forecast

8.3.6.1.1. By Value

8.3.6.2. Market Share & Forecast

8.3.6.2.1. By Component

8.3.6.2.2. By Technology

8.3.6.2.3. By Application

8.3.7. Vietnam Variable Message Signs for Intelligent Transportation System Market Outlook

8.3.7.1. Market Size & Forecast

8.3.7.1.1. By Value

8.3.7.2. Market Share & Forecast

8.3.7.2.1. By Component

8.3.7.2.2. By Technology

8.3.7.2.3. By Application

8.3.8. South Korea Variable Message Signs for Intelligent Transportation System Market Outlook

8.3.8.1. Market Size & Forecast

8.3.8.1.1. By Value

8.3.8.2. Market Share & Forecast

8.3.8.2.1. By Component

8.3.8.2.2. By Technology

8.3.8.2.3. By Application

9. Europe & CIS Variable Message Signs for Intelligent Transportation System Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Component

9.2.2. By Technology

9.2.3. By Application

9.2.4. By Country (Germany, France, United Kingdom, Spain, Italy, Russia)

9.3. Product Market Map (By Component, By Country)

9.4. Europe & CIS: Country Analysis

9.4.1. Germany Variable Message Signs for Intelligent Transportation System Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Component

9.4.1.2.2. By Technology

9.4.1.2.3. By Application

9.4.2. France Variable Message Signs for Intelligent Transportation System Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Component

9.4.2.2.2. By Technology

9.4.2.2.3. By Application

9.4.3. United Kingdom Variable Message Signs for Intelligent Transportation System Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Component

9.4.3.2.2. By Technology

9.4.3.2.3. By Application

9.4.4. Spain Variable Message Signs for Intelligent Transportation System Market Outlook

9.4.4.1. Market Size & Forecast

9.4.4.1.1. By Value

9.4.4.2. Market Share & Forecast

9.4.4.2.1. By Component

9.4.4.2.2. By Technology

9.4.4.2.3. By Application

9.4.5. Italy Variable Message Signs for Intelligent Transportation System Market Outlook

9.4.5.1. Market Size & Forecast

9.4.5.1.1. By Value

9.4.5.2. Market Share & Forecast

9.4.5.2.1. By Component

9.4.5.2.2. By Technology

9.4.5.2.3. By Application

9.4.6. Russia Variable Message Signs for Intelligent Transportation System Market Outlook

9.4.6.1. Market Size & Forecast

9.4.6.1.1. By Value

9.4.6.2. Market Share & Forecast

9.4.6.2.1. By Component

9.4.6.2.2. By Technology

9.4.6.2.3. By Application

10. South America Variable Message Signs for Intelligent Transportation System Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Component

10.2.2. By Technology

10.2.3. By Application

10.2.4. By Country (Brazil, Argentina, Colombia)

10.3. Product Market Map (By Component, By Country)

10.4. South America: Country Analysis

10.4.1. Brazil Variable Message Signs for Intelligent Transportation System Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Component

10.4.1.2.2. By Technology

10.4.1.2.3. By Application

10.4.2. Argentina Variable Message Signs for Intelligent Transportation System Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Component

10.4.2.2.2. By Technology

10.4.2.2.3. By Application

10.4.3. Colombia Variable Message Signs for Intelligent Transportation System Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Component

10.4.3.2.2. By Technology

10.4.3.2.3. By Application

11. Middle East and Africa Variable Message Signs for Intelligent Transportation System Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Component

11.2.2. By Technology

11.2.3. By Application

11.2.4. By Country (South Africa, Saudi Arabia, UAE, Egypt, Turkey)

11.3. Product Market Map (By Component, By Country)

11.4. Middle East and Africa: Country Analysis

11.4.1. South Africa Variable Message Signs for Intelligent Transportation System Market Outlook

11.4.1.1. Market Size & Forecast

11.4.1.1.1. By Value

11.4.1.2. Market Share & Forecast

11.4.1.2.1. By Component

11.4.1.2.2. By Technology

11.4.1.2.3. By Application

11.4.2. Saudi Arabia Variable Message Signs for Intelligent Transportation System Market Outlook

11.4.2.1. Market Size & Forecast

11.4.2.1.1. By Value

11.4.2.2. Market Share & Forecast

11.4.2.2.1. By Component

11.4.2.2.2. By Technology

11.4.2.2.3. By Application

11.4.3. UAE Variable Message Signs for Intelligent Transportation System Market Outlook

11.4.3.1. Market Size & Forecast

11.4.3.1.1. By Value

11.4.3.2. Market Share & Forecast

11.4.3.2.1. By Component

11.4.3.2.2. By Technology

11.4.3.2.3. By Application

11.4.4. Egypt Variable Message Signs for Intelligent Transportation System Market Outlook

11.4.4.1. Market Size & Forecast

11.4.4.1.1. By Value

11.4.4.2. Market Share & Forecast

11.4.4.2.1. By Component

11.4.4.2.2. By Technology

11.4.4.2.3. By Application

11.4.5. Turkey Variable Message Signs for Intelligent Transportation System Market Outlook

11.4.5.1. Market Size & Forecast

11.4.5.1.1. By Value

11.4.5.2. Market Share & Forecast

11.4.5.2.1. By Component

11.4.5.2.2. By Technology

11.4.5.2.3. By Application

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1. Company Profiles (Partial List of Leading Companies)

14.1.1. Skyline Products, Inc.

14.1.2. Triple Sign System AB

14.1.3. 3M Company

14.1.4. Daktronics Dr.

14.1.5. Valmont Industries, Inc.

14.1.6. Yaham Optoelectronics Co., Ltd.

14.1.7. McCain, Inc.

14.1.8. Wanco Inc.

14.1.9. Efftronics Systems Pvt. Ltd.

14.1.10. Onnyx Electronisys Pvt. Ltd.

15. Strategic Recommendations

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

What major factors drive Global Variable message signs for intelligent transportation system Market growth?

Global variable message signs for intelligent transportation system market may grow with impressive CAGR during the forecast period, 2023-2027, on account of growing automotive industry and surge in the demand for advanced vehicles.

Which region dominates the Global Variable Message Signs For Intelligent Transportation System Market analysis?

The global variable message signs for intelligent transportation system market is segmented into North America region, South America region, Asia Pacific region, European region, and Middle East & Africa region for the regional analysis of the market. North America region is anticipated to dominate the market analysis in the upcoming five years on the account of growing concerns toward traffic congestions in the countries like the United States.

Which companies dominate the Global Variable message signs for intelligent transportation system Market?

Skyline Products, Inc., Triple Sign System AB, 3M Company, Daktronics Dr., Valmont Industries, Inc., Yaham Optoelectronics Co., Ltd., McCain, Inc., Wanco Inc., Efftronics Systems Pvt. Ltd., Onnyx Electronisys Pvt. Ltd., among others are some of the leading companies dedicated toward providing related products and services of variable message signs for intelligent transportation system and support the future growth of the global variable message signs for intelligent transportation system market in the upcoming five years.

What strategic recommendations may the new market players follow in future?

New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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