[Market Report] Global Market for Road Signage Equipment
The global market for road signage machines is expected to double and reach 14.7 billion dollars by 2031.
The global road marking machine market, which recorded sales of 7.2 billion USD in 2022, is estimated to reach 14.7 billion USD by 2031, indicating significant growth. This expansion, projected to progress at a compound annual growth rate (CAGR) of 8.6% from 2023 to 2031, highlights the increasing global demand for advanced traffic safety and traffic management solutions. Road marking machines are essential for creating clear and durable road markings on various surfaces such as highways, runways, and parking lots. These machines ensure safety and maintain traffic order by applying various types of paint, including two-component paint, cold paint, and thermoplastic paint. The efficiency and accuracy of these machines play a crucial role in traffic management and safety. For application methods, please check the [PDF download] button or apply directly through the related links.
- Company:Panorama Data Insights Ltd.
- Price:Other