Top Key Players- 3M Company, Daktronics Dr., Triple Sign System AB, Valmont Industries, Inc., Onnyx Electronisys PvtGet a sample copy of the report@ https://www.researchnester.com/sample-request-3424
Global Variable Message Signs for
Intelligent Transportation System Market
to Generate a Revenue of USD 266.6
Million by 2028; Market to Grow on
Account of the Growing Need to Lower
Traffic Congestion in both Developed &
Developing Nations
Key Companies Covered in the Variable Message Signs for Intelligent
Transportation System Market Research Report Are 3M Company,
Daktronics Dr., Triple Sign System AB, Valmont Industries, Inc., Onnyx
Electronisys Pvt. Ltd., Efftronics Systems Pvt. Ltd., SWARCO Group,
Skyline Products, Inc., Wanco Inc., McCain, Inc., Yaham Optoelectronics
Co., Ltd., and other key market players.
New York, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Travel delays caused due to traffic
congestion in the 494 urban areas of the United States increased from 1.7 Billion hours
in 1982 to 8.7 Billion hours in 2019, according to the statistical report titled “Urban
Mobility Report 2021”, published by Texas A&M Transportation Institute. Moreover, the
statistics also stated that fuel wasted due to the congestion touched 3.5 Billion gallons
in the year 2019, up from 0.8 Billion gallons in 1982. On the other hand, according to
the statistics by the International Organization of Motor Vehicle Manufacturers (OICA),
the sales of all types of vehicles in the year 2019, registered to 90423687 units.
Research Nester has recently released a report on “Global Variable Message Signs
for Intelligent Transportation System Market” which focuses on the key players
operating in the market, along with the strategies adopted by them for greater
competitiveness. The report includes details on the latest market trends, growth
opportunities, drivers and the challenges that are associated with the growth of the
market during the forecast period of 202o-2028.
The sales of vehicles over the past few years have grown significantly, thereafter raising
the total vehicle fleet. As a result, traffic congestion has been a major problem amongst
both the developed and developing nations. Besides this, with the increa