Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 231.06 million | USD 258.41 million | 1.43% | 2022 |
FrequentlyAsked Questions
Digital radar speed signs are modern devices that make use of digital technology to promote road safety and traffic management.
The global digital radar speed signs market is expected to grow owing to the growing number of road accidents globally
According to study, the global digital radar speed signs market size was worth around USD 231.06 million in 2022 and is predicted to grow to around USD 258.41 million by 2030.
The CAGR value of digital radar speed signs market is expected to be around 1.43% during 2023-2030.
The global digital radar speed signs market is expected to witness the highest growth in Europe. The region boasts of one of the most efficient road networks with an equal focus on the safety of all types of vehicle drives and pedestrians.
The global digital radar speed signs market is led by players like SWARCO, Carmanah Technologies, Solar Technology, Inc., LACROIX City, TAPCO, IRD, Traffic Logix, Elan City, MPD, Inc., Fortel Traffic, Wanco, Stalker Radar (Applied Concepts), Ver-Mac, TraffiCalm (MOR), American Signal Company, Radarsign, and HMI Technologies to name a few.
The report market explores crucial aspects of the digital radar speed signs market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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