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Q: for belindalevez-ga Market Size of Highway safety products ( Answered 4 out of 5 stars,   0 Comments )
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Subject: for belindalevez-ga Market Size of Highway safety products
Category: Miscellaneous
Asked by: blucken-ga
List Price: $100.00
Posted: 09 Jul 2003 14:21 PDT
Expires: 08 Aug 2003 14:21 PDT
Question ID: 227121
I am looking for approximate market size in dollars (U.S. or global)
for each of the following product categories:
Active Highway Signs (Variable Message Signs)
Traffic Detetction (video, IR, inductive loop, etc)
Traffic/ intersection signal Controllers 
Roadway Reflectors (road studs)
Answer  
Subject: Re: for belindalevez-ga Market Size of Highway safety products
Answered By: belindalevez-ga on 13 Jul 2003 05:29 PDT
Rated:4 out of 5 stars
 
<The markets for safety products.

Active signs.

The U.S. market for active signs is worth approximately $110 million.
http://www.atssa.com/downloads/88572_CURTIS.PDF


Controllers.

The U.S. market for controllers is an estimated $242 million. This
figure has been calculated as follows:

Peek Traffic Systems has a 25% share of the U.S. traffic controller
market. http://www.unitywireless.com/company/news_detail.asp?newsid=20

Peek manufactures 6500 NEMA timers each year.
http://www.itraffic.org/Peek/PEEK_index.html

The price of a NEMA TS2 controller is between $660 and $1200.00 per
unit. The average price is $930.
http://216.239.51.104/search?q=cache:jYmMDSjL1T4J:www.in.gov/dot/div/contracts/letting/apr/tapr22tab.pdf+%22controller%22+ts2+price&hl=en&ie=UTF-8

The U.S. market for controllers is approximately 6500 x 4 per year =
26000 units.
26,000 x $930 =  $241,800,000. The market is worth around $241
million.


Detection.

According to the report Advanced Traffic Detection, the global
detection market is currently in excess of $5 billion and is predicted
to be worth over $10 billion in five years.
http://www.sanewsletters.com/ITS/ATDsummary.asp
http://www.sanewsletters.com/ITS/ATDsamples.asp


Road studs.

The U.S. market for road studs is an estimated $65 - $104 million per
year and could be as high as $821 million if more superior intelligent
road studs are installed.

These figures have been calculated as follows:
The price of an average stud is $4.05 per unit. The average life of a
road stud is 2 to 5 years. I have assumed that they are replaced every
five years.

In addition road studs need replacing when roads are resurfaced. In
the U.S. during  2001 – 2002 over 9,600 miles of state highways were
resurfaced. http://216.239.51.104/search?q=cache:5hXQQTmJ-gYJ:www.budget.state.ny.us/pubs/executive/fy0304app1/dot.pdf+%22highway+were+resurfaced%22&hl=en&ie=UTF-8

On average 441 miles of new highway are constructed each year in the
U.S.
http://216.239.51.104/search?q=cache:szsRUOerEjsJ:www.house.gov/transportation/highway/05-21-02/mccormick.pdf+%22miles+of+new+highway%22+2002+dot&hl=en&ie=UTF-8

Resurfacing and new roads accounts for 10,041 miles of highway.

Studs are installed at intervals of 1-3 metres depending on road
conditions.
http://www.roadstud.co.kr/html_e/pro_3_1.html

Taking an average of a 2 metre interval, this works out at 880 studs
per mile.
http://www.usreflector.com/Html_products/Pavement%20markers%20all.html
However not all road have studs. In order to calculated the level of
studding, I looked for a site that gave the number of studs over a
large quantity of roads. I found that 4,700 km of road in
Hertfordshire has 93,000 road studs. This is equivalent to 32 studs
per mile.
http://enquire.hertscc.gov.uk/ltp/full/strats/carriage.htm

The US has approximately 4 million miles of highway.
http://216.239.51.104/search?q=cache:KqhVGRm8gcEJ:www2.icma.org/upload/library/2003-02/%257B5594ADFB-77C5-47CB-901F-93A0BBFA5072%257D.doc+%22miles+of+highway%22+%22in+the+us%22+dot&hl=en&ie=UTF-8

Assuming replacement of road studs every five years. The calculations
were made as follows.
32 x 4,000,000/5 = 25,600,000 units.
25,600,000 x $4.05 = $103,680,000
10,041 x 4.05 = 40,666
103, 680,000 + 40,666 = 103,720,666 
The total is $104 million

The figures have been calculated using the price of a standard road
stud. However a new generation of intelligent road studs has been
developed. These are manufactured by Astucia at a cost of $32 each.
The potential market for intelligent road studs is $821 million.
http://optics.org/articles/news/8/4/3/1

In South Africa R 1 million was spent on road studs for a 2577km
stretch of road. This works out at an average of $81.90 per mile.
http://www.northern-cape.gov.za/docs/sp/showsp.asp?ID=153

4,010,041 x 81.9/5 = 65,684,471
Approximately $66 million.>


<Search strategy:>

<"traffic safety" market speed million>
<://www.google.com/search?hl=en&lr=&ie=ISO-8859-1&q=%22traffic+safety%22+market+speed&as_q=million>

<"traffic controllers" market billion –air>
<://www.google.com/search?hl=en&lr=&ie=ISO-8859-1&as_qdr=all&q=%22traffic+controllers%22+market+billion+-air>

<market "traffic detection"  billion>
<://www.google.com/search?q=market+%22traffic+detection%22++billion&hl=en&lr=&ie=ISO-8859-1>

<"estimated" "road studs">
<://www.google.com/search?q=%22estimated%22+%22road+studs%22&hl=en&lr=&ie=UTF-8&start=10&sa=N>


<Hope this helps:>
blucken-ga rated this answer:4 out of 5 stars and gave an additional tip of: $5.00
Great work, thanks

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