The global Speed Indicator Device (SID) market was valued at US$ 195 million in 2023 and is anticipated to reach US$ 233.3 million by 2030, witnessing a CAGR of 2.6% during the forecast period 2024-2030.
The Speed Indicator Device (SID) market is expected to witness significant growth in the coming years. The increasing concern for road safety and the need to control speeding vehicles are driving the demand for SID devices. These devices are used to display the speed of vehicles to drivers, helping them to adhere to speed limits and reduce the risk of accidents. The North American market is expected to dominate the SID market due to the strict regulations and initiatives taken by the government to improve road safety. The presence of key market players in this region also contributes to its market dominance. Europe is another significant market for SID devices due to the increasing adoption of advanced technologies and the implementation of stringent traffic regulations. The European Union's commitment to reducing road fatalities is driving the demand for SID devices. The Asia Pacific region is witnessing rapid urbanization and an increase in the number of vehicles on the road, leading to a higher risk of accidents. Governments in countries like China and India are focusing on road safety measures, creating opportunities for the SID market. The SID market is moderately concentrated, with a few key players dominating the market. These players have a strong presence in major sales regions and offer a wide range of products. However, the market is also witnessing the entry of new players, which is expected to increase competition in the coming years. Governments worldwide are implementing various initiatives to improve road safety, including the installation of SID devices. This presents significant opportunities for market growth. The development of advanced SID devices with features like wireless connectivity, real-time data analysis, and integration with other traffic management systems is expected to drive market growth. The installation and maintenance costs associated with SID devices can be high, especially for developing countries. This can act as a barrier to market growth in these regions. The lack of awareness among drivers about the benefits of SID devices and their importance in road safety can hinder market growth. Educating drivers about the advantages of these devices is crucial for market expansion. Overall, the Speed Indicator Device market is expected to witness significant growth in the coming years, driven by increasing government initiatives and technological advancements. However, challenges such as high costs and lack of awareness need to be addressed to fully exploit the market potential.
This report aims to provide a comprehensive presentation of the global market for Speed Indicator Device (SID), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Speed Indicator Device (SID).
Report Scope
The Speed Indicator Device (SID) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Speed Indicator Device (SID) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Speed Indicator Device (SID) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
SWARCO
IRD
Westcotec
Unipart Dorman
TWM
Hill & Smith Holdings PLC (Mallatite)
Truvelo
Westminster Group
Elan City
Simmonsigns
Mobileye
Traffic Technology Ltd
MPH Industries, Inc
HMI Technologies
Segment by Type
Radar-based SID
Laser-based SID
Other
Segment by Application
Traffic Management
Law Enforcement
School Zones
Construction Zones
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Speed Indicator Device (SID) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Speed Indicator Device (SID) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Speed Indicator Device (SID) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Speed Indicator Device (SID) Market Overview
1.1 Product Definition
1.2 Speed Indicator Device (SID) Segment by Type
1.2.1 Global Speed Indicator Device (SID) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Radar-based SID
1.2.3 Laser-based SID
1.2.4 Other
1.3 Speed Indicator Device (SID) Segment by Application
1.3.1 Global Speed Indicator Device (SID) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Traffic Management
1.3.3 Law Enforcement
1.3.4 School Zones
1.3.5 Construction Zones
1.3.6 Other
1.4 Global Market Growth Prospects
1.4.1 Global Speed Indicator Device (SID) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Speed Indicator Device (SID) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Speed Indicator Device (SID) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Speed Indicator Device (SID) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Speed Indicator Device (SID) Production Market Share by Manufacturers (2019-2024)
2.2 Global Speed Indicator Device (SID) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Speed Indicator Device (SID), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Speed Indicator Device (SID) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Speed Indicator Device (SID) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Speed Indicator Device (SID), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Speed Indicator Device (SID), Product Offered and Application
2.8 Global Key Manufacturers of Speed Indicator Device (SID), Date of Enter into This Industry
2.9 Speed Indicator Device (SID) Market Competitive Situation and Trends
2.9.1 Speed Indicator Device (SID) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Speed Indicator Device (SID) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Speed Indicator Device (SID) Production by Region
3.1 Global Speed Indicator Device (SID) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Speed Indicator Device (SID) Production Value by Region (2019-2030)
3.2.1 Global Speed Indicator Device (SID) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Speed Indicator Device (SID) by Region (2025-2030)
3.3 Global Speed Indicator Device (SID) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Speed Indicator Device (SID) Production by Region (2019-2030)
3.4.1 Global Speed Indicator Device (SID) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Speed Indicator Device (SID) by Region (2025-2030)
3.5 Global Speed Indicator Device (SID) Market Price Analysis by Region (2019-2024)
3.6 Global Speed Indicator Device (SID) Production and Value, Year-over-Year Growth
3.6.1 North America Speed Indicator Device (SID) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Speed Indicator Device (SID) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Speed Indicator Device (SID) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Speed Indicator Device (SID) Production Value Estimates and Forecasts (2019-2030)
4 Speed Indicator Device (SID) Consumption by Region
4.1 Global Speed Indicator Device (SID) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Speed Indicator Device (SID) Consumption by Region (2019-2030)
4.2.1 Global Speed Indicator Device (SID) Consumption by Region (2019-2024)
4.2.2 Global Speed Indicator Device (SID) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Speed Indicator Device (SID) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Speed Indicator Device (SID) Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Speed Indicator Device (SID) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Speed Indicator Device (SID) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Speed Indicator Device (SID) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Speed Indicator Device (SID) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Speed Indicator Device (SID) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Speed Indicator Device (SID) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Speed Indicator Device (SID) Production by Type (2019-2030)
5.1.1 Global Speed Indicator Device (SID) Production by Type (2019-2024)
5.1.2 Global Speed Indicator Device (SID) Production by Type (2025-2030)
5.1.3 Global Speed Indicator Device (SID) Production Market Share by Type (2019-2030)
5.2 Global Speed Indicator Device (SID) Production Value by Type (2019-2030)
5.2.1 Global Speed Indicator Device (SID) Production Value by Type (2019-2024)
5.2.2 Global Speed Indicator Device (SID) Production Value by Type (2025-2030)
5.2.3 Global Speed Indicator Device (SID) Production Value Market Share by Type (2019-2030)
5.3 Global Speed Indicator Device (SID) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Speed Indicator Device (SID) Production by Application (2019-2030)
6.1.1 Global Speed Indicator Device (SID) Production by Application (2019-2024)
6.1.2 Global Speed Indicator Device (SID) Production by Application (2025-2030)
6.1.3 Global Speed Indicator Device (SID) Production Market Share by Application (2019-2030)
6.2 Global Speed Indicator Device (SID) Production Value by Application (2019-2030)
6.2.1 Global Speed Indicator Device (SID) Production Value by Application (2019-2024)
6.2.2 Global Speed Indicator Device (SID) Production Value by Application (2025-2030)
6.2.3 Global Speed Indicator Device (SID) Production Value Market Share by Application (2019-2030)
6.3 Global Speed Indicator Device (SID) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 SWARCO
7.1.1 SWARCO Speed Indicator Device (SID) Corporation Information
7.1.2 SWARCO Speed Indicator Device (SID) Product Portfolio
7.1.3 SWARCO Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 SWARCO Main Business and Markets Served
7.1.5 SWARCO Recent Developments/Updates
7.2 IRD
7.2.1 IRD Speed Indicator Device (SID) Corporation Information
7.2.2 IRD Speed Indicator Device (SID) Product Portfolio
7.2.3 IRD Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 IRD Main Business and Markets Served
7.2.5 IRD Recent Developments/Updates
7.3 Westcotec
7.3.1 Westcotec Speed Indicator Device (SID) Corporation Information
7.3.2 Westcotec Speed Indicator Device (SID) Product Portfolio
7.3.3 Westcotec Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Westcotec Main Business and Markets Served
7.3.5 Westcotec Recent Developments/Updates
7.4 Unipart Dorman
7.4.1 Unipart Dorman Speed Indicator Device (SID) Corporation Information
7.4.2 Unipart Dorman Speed Indicator Device (SID) Product Portfolio
7.4.3 Unipart Dorman Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Unipart Dorman Main Business and Markets Served
7.4.5 Unipart Dorman Recent Developments/Updates
7.5 TWM
7.5.1 TWM Speed Indicator Device (SID) Corporation Information
7.5.2 TWM Speed Indicator Device (SID) Product Portfolio
7.5.3 TWM Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 TWM Main Business and Markets Served
7.5.5 TWM Recent Developments/Updates
7.6 Hill & Smith Holdings PLC (Mallatite)
7.6.1 Hill & Smith Holdings PLC (Mallatite) Speed Indicator Device (SID) Corporation Information
7.6.2 Hill & Smith Holdings PLC (Mallatite) Speed Indicator Device (SID) Product Portfolio
7.6.3 Hill & Smith Holdings PLC (Mallatite) Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hill & Smith Holdings PLC (Mallatite) Main Business and Markets Served
7.6.5 Hill & Smith Holdings PLC (Mallatite) Recent Developments/Updates
7.7 Truvelo
7.7.1 Truvelo Speed Indicator Device (SID) Corporation Information
7.7.2 Truvelo Speed Indicator Device (SID) Product Portfolio
7.7.3 Truvelo Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Truvelo Main Business and Markets Served
7.7.5 Truvelo Recent Developments/Updates
7.8 Westminster Group
7.8.1 Westminster Group Speed Indicator Device (SID) Corporation Information
7.8.2 Westminster Group Speed Indicator Device (SID) Product Portfolio
7.8.3 Westminster Group Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Westminster Group Main Business and Markets Served
7.7.5 Westminster Group Recent Developments/Updates
7.9 Elan City
7.9.1 Elan City Speed Indicator Device (SID) Corporation Information
7.9.2 Elan City Speed Indicator Device (SID) Product Portfolio
7.9.3 Elan City Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Elan City Main Business and Markets Served
7.9.5 Elan City Recent Developments/Updates
7.10 Simmonsigns
7.10.1 Simmonsigns Speed Indicator Device (SID) Corporation Information
7.10.2 Simmonsigns Speed Indicator Device (SID) Product Portfolio
7.10.3 Simmonsigns Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Simmonsigns Main Business and Markets Served
7.10.5 Simmonsigns Recent Developments/Updates
7.11 Mobileye
7.11.1 Mobileye Speed Indicator Device (SID) Corporation Information
7.11.2 Mobileye Speed Indicator Device (SID) Product Portfolio
7.11.3 Mobileye Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Mobileye Main Business and Markets Served
7.11.5 Mobileye Recent Developments/Updates
7.12 Traffic Technology Ltd
7.12.1 Traffic Technology Ltd Speed Indicator Device (SID) Corporation Information
7.12.2 Traffic Technology Ltd Speed Indicator Device (SID) Product Portfolio
7.12.3 Traffic Technology Ltd Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Traffic Technology Ltd Main Business and Markets Served
7.12.5 Traffic Technology Ltd Recent Developments/Updates
7.13 MPH Industries, Inc
7.13.1 MPH Industries, Inc Speed Indicator Device (SID) Corporation Information
7.13.2 MPH Industries, Inc Speed Indicator Device (SID) Product Portfolio
7.13.3 MPH Industries, Inc Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.13.4 MPH Industries, Inc Main Business and Markets Served
7.13.5 MPH Industries, Inc Recent Developments/Updates
7.14 HMI Technologies
7.14.1 HMI Technologies Speed Indicator Device (SID) Corporation Information
7.14.2 HMI Technologies Speed Indicator Device (SID) Product Portfolio
7.14.3 HMI Technologies Speed Indicator Device (SID) Production, Value, Price and Gross Margin (2019-2024)
7.14.4 HMI Technologies Main Business and Markets Served
7.14.5 HMI Technologies Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Speed Indicator Device (SID) Industry Chain Analysis
8.2 Speed Indicator Device (SID) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Speed Indicator Device (SID) Production Mode & Process
8.4 Speed Indicator Device (SID) Sales and Marketing
8.4.1 Speed Indicator Device (SID) Sales Channels
8.4.2 Speed Indicator Device (SID) Distributors
8.5 Speed Indicator Device (SID) Customers
9 Speed Indicator Device (SID) Market Dynamics
9.1 Speed Indicator Device (SID) Industry Trends
9.2 Speed Indicator Device (SID) Market Drivers
9.3 Speed Indicator Device (SID) Market Challenges
9.4 Speed Indicator Device (SID) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
SWARCO
IRD
Westcotec
Unipart Dorman
TWM
Hill & Smith Holdings PLC (Mallatite)
Truvelo
Westminster Group
Elan City
Simmonsigns
Mobileye
Traffic Technology Ltd
MPH Industries, Inc
HMI Technologies
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*If Applicable.