The global Road Safety Market will be worth USD 5.77 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing number of road accidents. The increasing need for improvement in the road structure and public security is expected to drive the market for road safety over the forecast period. Stringent rules and regulations of the government regarding road safety are contributing to the growth of the road safety market.Adoption of smart city initiatives and smart transportation techniques in the emerging economies such as automated traffic assistance, parking and traffic management, predictive traffic analytics, and passenger information system is expected to create lucrative opportunities for the road safety market players of road safety solutions.

The Red Light & Speed Enforcement segment held the largest market share of 51.2% in 2019. The increasing need to reduce the number of collisions and right-angle crashes has increased the adoption of the Red Light & Speed Enforcement.The increasing number of road accidents and increasing government initiatives are driving the demand of the market.

 Get a Free sample of the report : https://www.emergenresearch.com/request-sample/396

Key participants include SWARCO, REDFLEX HOLDINGS, SENSYS GATSO GROUP, JENOPTIK, IDEMIA, KAPSCH TRAFFICCOM, MOTOROLA SOLUTIONS, FLIR SYSTEMS, CUBIC CORPORATION, and SIEMENS, among others.

The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others.

Emergen Research has segmented the global Road Safety Market on the basis of Solutions, Services, and region:

Solutions Outlook (Revenue, USD Billion; 2017-2027)Incident Detection & ResponseRed Light & Speed EnforcementAutomatic Number Plate Recognition (ANPR)/Automatic License Plate Recognition (ALPR)OthersServices Outlook (Revenue, USD Billion; 2017-2027)Managed ServicesProfessional Services (Support and maintenance, System Integration and deployment, Consulting and Training)  

Request customization of the report: https://www.emergenresearch.com/request-for-customization/396

Regional Overview:

The global Road Safety market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Road Safety market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

The latest report is the most recent study that offers 360° coverage of the Road Safety industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Road Safety market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.

Key questions addressed in the report:

What are the key factors driving the global Road Safety market?

Who are the key manufacturers in this market space?

Who are the distributors, traders and dealers of this market?

What are the market opportunities and risks affecting the performance of the vendors in the global Road Safety market?

What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

Unfolding the prime factors prompting global market growth:

The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Road Safety market into a broad product spectrum.The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.

Table of Content

Chapter 1. Road Safety Market Methodology & Sources

    1.1. Road Safety Market Definition

    1.2. Road Safety Market Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Road Safety  Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018-2028

Chapter 3. Key Insights

Chapter 4. Road Safety Market Segmentation & Impact Analysis

    4.1. Road Safety Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Road Safety Market indicators analysis

          4.2.2.Road Safety  Market drivers analysis

                    4.2.2.1. Increasing energy consumption and prices

                    4.2.2.2. Rising government policies regarding energy efficiency

                    4.2.2.3. Increasing smart grid services

          4.2.3. Road Safety Market restraints analysis

                    4.2.3.1. Highly competitive with presences of local & global players

                    4.2.3.2. Present challenging economic conditions due to the pandemic

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Road Safety Market By Form Factor Insights & Trends, Revenue (USD Billion)

Chapter 6. Road Safety Market By Input type Insights & Trends Revenue (USD Billion)

Chapter 7. Road Safety Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 8. Road Safety Market By End-use Insights & Trends, Revenue (USD Billion)

Chapter 9. Road Safety Market Regional Outlook

Continued…

Read More: https://www.emergenresearch.com/industry-report/road-safety-market

Related Reports:

Assessment Services Market: https://www.emergenresearch.com/industry-report/assessment-services-market

3D Printing Market: https://www.emergenresearch.com/industry-report/3d-printing-market

Digital Scent Technologies Market: https://www.emergenresearch.com/industry-report/digital-scent-technologies-market

FinFET Technology Market: https://www.emergenresearch.com/industry-report/finfet-technology-mark 

Lighting as a Service Market: https://www.emergenresearch.com/industry-report/lighting-as-a-service-market

 About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research  and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Facebook | LinkdIn | Twitter | Blogs

 

"