Traffic Safety Products Market in U.S. Would Grow at a CAGR of 5.24% from 2016 to 2020

Big Market Research has added a report, titled, “Traffic Safety Products Market in the U.S. 2016–2020.” As per the report, the market is expected to register a CAGR of 5.24% from 2016 to 2020. The report offers an extensive analysis of vendor offerings, detailed segmentation, drivers & opportunities, and competitive landscape. It highlights growth prospects, makes future estimations, and analysis based on inputs from industry experts. Executive summary is mentioned to offer insights on current market trends, scenario in U.S., and statistics on traffic fatalities for 2015 in tabular format. Furthermore, tables offer annual statistics on average traffic fatalities in U.S. and average mid-year traffic fatalities in U.S. 1960s–2010. Statistics on metros with longest average commute time in U.S. for 2014 along with average commute time in selected U.S. states for 1990–2014 are mentioned with the help of tables.

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The overview of the traffic safety products market in U.S. is outlined in the report based on current industry status and top vendor offerings. Market research methodology is mentioned in terms of methods used for collection of data & statistics and economic indicators. This helps businesses and investors to determine sources of data and validate information. Porter’s Five Forces analysis included in the study offers insights on competitive intensity and determine business strategies for companies planning to enter the U.S. market. Tabular representation of Five Forces Model helps in thorough understanding. Statistics on number of work zone crashes in US for the period, 2006–2013 and average number of fatal work zone crashes in U.S. every year are explored in the research. In addition, unemployment rate versus traffic fatality rate for 2014–2015 is discussed in the study.

Detailed segmentation on the basis of products is covered in the research. Products including traffic vest & rainwear, barricade, cone, delineator, and others are analyzed with the help of tables & figures. Number of police officers & sheriff’s patrol officers in selected states, size & uses of traffic cones, and condition of U.S. highway infrastructure for 2015 are mentioned with the help of tables. Estimations are made for the period, 2015–2020 in terms of revenue for aforementioned segments.

The report offers a comprehensive analysis of drivers, challenges, and trends of the traffic safety products market in U.S. In addition, their impact is also discussed with using tables to help businesses to take necessary steps and design business development strategies for the future. Insights on budget & staffing in law enforcement sector in San Jose Police Department are offered for the period, 2006–2015. Number of academy recruits in San Jose Police Academy, California during 2013–2015 and number of crossing guards, police, and police sheriff's patrol officers are also mentioned in the report. Key vendor analysis is covered in the research to offer insights on competitive scenario in U.S. Key vendors operating in the U.S. industry are 3M, Emedco, Fastenal, Honeywell, Ergodyne, The Traffic Safety Store, Highway Signals, MCR Safety, and others.

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Through this report, the core driving factors of the Traffic Safety Products Market Report were identified and the business partners and end-users were also elaborated. The business sector structure, business patterns and challenges affecting the market and also included in the extensive analysis for this research report.

Various interviews and talks were held with the prominent leaders in the industry in order to obtain reliable and updated information pertaining to the market.

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