Urbanization to Fuel Demand in Traffic Equipment Market by 2034

added blog Other

2025-07-04 18:42:20 -

The global traffic equipment market was valued at US$ 7.7 Billion in 2023 and is projected to reach US$ 14.0 Billion by 2034, growing at a CAGR of 5.6% from 2024 to 2034. This growth is driven by increasing urbanization, rising investments in smart city infrastructure, and the need for efficient traffic management systems. Advances in IoT and AI technologies are further enhancing the...

0 Comments 0 Shares 106 Views 0 Reviews