A light-emitting diode (LED) is a two-lead semiconductor light source. It is a p–n junction diode that emits light when activated. When a suitable current is applied to the leads, electrons are able to recombine with electron holes within the device, releasing energy in the form of photons. This effect is called electroluminescence, and the colour of the light (corresponding to the energy of the photon) is determined by the energy band gap of the semiconductor. LEDs are typically small (less than 1 mm2) and integrated optical components may be used to shape the radiation pattern.
The low energy consumption, low maintenance and small size of LEDs has led to uses as status indicators and displays on a variety of equipment and installations. Large-area LED displays are used as stadium displays, dynamic decorative displays, and dynamic message signs on freeways. Thin, lightweight message displays are used at airports and railway stations, and as destination displays for trains, buses, trams, and ferries.
Over the next five years, it is projected that LED Traffic Signs and Signals will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of LED Traffic Signs and Signals market by product type, application, key manufacturers and key regions.
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To calculate the market size, it is considered value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Aldridge Traffic Systems
Horizon Signal Technologies
North America Traffic
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Some Points From Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global LED Traffic Signs and Signals by Players
4 LED Traffic Signs and Signals by Regions
8 Middle East & Africa
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