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Road Safety Market Research Report, Demand, Industry Analysis, Share, Growth, Applications, Types and Forecasts Report 2027

The global Road Safety Market will be worth USD 5.77 Billion by 2027, according to a current analysis by Emergen Research.

All of the segments studied in the research study are analyzed on the basis of BPS, market share, revenue, and other important factors. Our research study shows how different segments are contributing to the growth of the global Road Safety market. It also provides information on key trends related to the segments included in the report. This helps market players to concentrate on high-growth areas of the global Road Safety market. The research study also offers separate analysis on the segments on the basis of absolute dollar opportunity.

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Key Highlights From The Report

In April 2019, Redflex Holdings, an innovative global technology company, which designs and creates solutions that enable smarter cities, announced the launch of Halo Edge. The Halo Edge is the next generation (deep learning-based algorithms) intelligent ANPR camera solution that delivers Clean Air or low emissions zones detection.

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.

Professional services are forecasted to grow with the fastest CAGR of 9.6% over the forecast period. The increasing need for the improvement of operational efficiency, wise financial management, and business productivity are driving the growth of the professional services in the road safety market over the forecast period.

The Asia Pacific region is expected to be the fastest-growing region over the forecast period. Adoption of advanced technologies, such as the Internet of Things (IoT) and data analytics solution in the transportation system has driven the growth of road safety solutions in the region.

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

You Can Download Free Sample PDF Copy of Road Safety Market at https://www.emergenresearch.com/request-sample/396

Solutions Outlook (Revenue, USD Billion; 2017-2027)

Incident Detection & Response

Red Light & Speed Enforcement

Automatic Number Plate Recognition (ANPR)/Automatic License Plate Recognition (ALPR)

Others

Services Outlook (Revenue, USD Billion; 2017-2027)

Managed Services

Professional Services (Support and maintenance, System Integration and deployment, Consulting and Training)

Regional Outlook (Revenue, USD Billion; 2017-2027)

North America

Europe

Asia Pacific

Latin America

MEA

Report Objectives

Examine the size of the global Road Safety market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Road Safety market.

Explore the underlying dynamics of the global Road Safety market.

Highlight significant trends of the global Road Safety market based on factors including, production, revenue, and sales.

Extensively profile top players of the global Road Safety market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Road Safety market.

Forecast the market size and share of all segments and regions in the global landscape.

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Key questions answered in the report

What will be the market size in terms of value and volume in the next five years?

Which segment is currently leading the market?

In which region will the market find its highest growth?

Which players will take the lead in the market?

What are the key drivers and restraints of the market’s growth?

Research Methodology

Data triangulation and market breakdown

Research assumptions Research data including primary and secondary data

Primary data includes breakdown of primaries and key industry insights

Secondary data includes key data from secondary sources

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Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

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. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Growing demand in the packaging sector

4.2.2.2. Growth of the building & construction industry

4.2.2.3. Increasing usage in production of adhesive bandages

4.2.2.4. Surging demand from the APAC region

4.2.3. Market restraints analysis

4.2.3.1. Volatility in the price of raw materials

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 Resin Type Insights & Trends, Revenue (USD Million)

Chapter 6. Road Safety Market By Substrate Insights & Trends Revenue (USD Million)

Chapter 7. Road Safety Market By Distribution Channel Insights & Trends Revenue (USD Million)

Chapter 8. Road Safety Market By Application Insights & Trends Revenue (USD Million)

Chapter 9. Road Safety Market Regional Outlook

Continued…

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Road Safety Market Key Companies, Business Opportunities, Competitive Landscape andIndustry Analysis Research Report by 2027

The Global Road Safety Market Report, published by Emergen Research, is an all-encompassing study of the Road Safety market, which emphasizes the estimated market size, share, value, volume, and futuristic outlook. The report details the major products and application rangesavailable in this market, highlighting the revenue, price, sales, production, growth rate, and market share of each segment and sub-segment. The essential market presented in the report in a tabular format is aimed at helping readers interpret the global market dynamics. The market intelligence report delivers a profound study of the Road Safety business domain, discussing its principal aspects, such as the import & export dynamics, production, consumption, sales channels, and consumer bases in the major regional segments.

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.

Get a PDF sample copy of this report @ https://www.emergenresearch.com/request-sample/396

Key Highlights From The Report

  • In April 2019, Redflex Holdings, an innovative global technology company, which designs and creates solutions that enable smarter cities, announced the launch of Halo Edge. The Halo Edge is the next generation (deep learning-based algorithms) intelligent ANPR camera solution that delivers Clean Air or low emissions zones detection.
  • 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 Asia Pacific region is expected to be the fastest-growing region over the forecast period. Adoption of advanced technologies, such as the Internet of Things (IoT) and data analytics solution in the transportation system has driven the growth of road safety solutions in the region.
  • Key participants include SWARCO, REDFLEX HOLDINGS, SENSYS GATSO GROUP, JENOPTIK, IDEMIA, KAPSCH TRAFFICCOM, MOTOROLA SOLUTIONS, FLIR SYSTEMS, CUBIC CORPORATION, and SIEMENS, 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 & Response
    • Red Light & Speed Enforcement
    • Automatic Number Plate Recognition (ANPR)/Automatic License Plate Recognition (ALPR)
    • Others
  • Services Outlook (Revenue, USD Billion; 2017-2027)
    • Managed Services
    • Professional Services (Support and maintenance, System Integration and deployment, Consulting and Training)

Regional Fragmentation:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Objectives of the Global Road Safety Market Study:

  • An in-depth study of the evolving market sectors and the growth & penetration status of the global Road Safety market
  • COVID-19 Impact Analysis to highlight the major opportunities and challenges
  • Strategic recommendations to help readers formulate lucrative business strategies
  • Identification of the emerging players and their tactical approaches to expand market presence
  • An extensive study of the product portfolios of the major market players and their regional presence
  • A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures

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Table Of Content:

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
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. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rapid urbanization and growth in urban population
4.2.2.2. Increasing number of road accidents
4.2.2.3. Rapid motorization
4.2.2.4. Government initiatives for enhancing road safety
4.2.2.5.  Increasing need for improvement in road infrastructure
4.2.3. Market restraints analysis
4.2.3.1. Insufficient government funding
4.2.3.2. Lack of standardized technologies
4.2.3.3. 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 Solutions Insights & Trends, Revenue (USD Million), Volume (Kilo Tons) 
5.1. Solutions Dynamics & Market Share, 2019 & 2027
5.1.1. Incident Detection & Response
5.1.2. Red Light & Speed Enforcement
5.1.3. Automatic Number Plate Recognition (ANPR)/Automatic License Plate Recognition (ALPR)
5.1.4. Others

Read More…!

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Road Safety Market size Reflect Impressive Growth Rate during 2024

Overview:

Road safety can be defined as a measure taken to prevent incidents on the road that could elevate the danger for road users as well as critical infrastructure along the way. Thus, technologies that enhance road safety are crucial for government bodies, taking into consideration the “cost-of-loss” resulting from the loss of life and/or infrastructural damages. Additionally, the time lost to traffic congestions due to such incidents further aggravates the concerns for civil authorities and road users alike.

Strict rules & regulations have been implemented across various cities to ensure smooth flow of traffic. Consequently, various technology vendors have been able to leverage their capabilities to enhance road safety by implementing technologies such as real-time traffic monitoring with sensors to detect speed violations, in-vehicle driver assistance, and incident detection systems in case of emergency/road accidents.

The availability of innovative technologies, including driver assistance, V2V communication, incident detection and response, and automatic number plate recognition systems, has bolstered the overall road safety ingenuities across smart city initiatives shaping up globally; thus, resulting in a huge window of opportunity for the key players in the market.

Market Analysis:

According to Infoholic Research, the global road safety market revenue is expected to reach $7.01 billion by 2024, growing at a CAGR of around 17.16% during the forecast period. The market is experiencing growth due to the increasing mobility and rise in the number of vehicles on the road. In addition, the construction of safer roads, development of infrastructure for the safety of pedestrians & cyclists, and the adoption of safer riding measures will further reduce injuries and contribute to the safety among the population.

Market Segmentation Analysis:

The report provides insights about major technology trends, supporting solutions & services, and application areas that govern road safety globally. The evaluation is backed with quantitative and qualitative analysis, historical data, and other supportable projections about the market size. The projections featured in the report have been derived using proven research methodologies and assumptions based on vendor assessments from annual reports, whitepapers, press releases, and investor presentations along with end-user analysis for case studies. Thus, the research report serves every side of the market and is segmented based on regional markets, types, applications, and end-users.

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Regional Analysis

The Americas is expected to dominate the market, with US and Canada being the forefront adopters of technologies with better test facilities and rapid implementations backed with sufficient funding to implement infrastructural projects quickly compared to other regions. The EMEA region is next to the Americas with the presence of a large number of equipment manufacturers and solution providers.

The countries covered in the report are Canada, Mexico, UK, France, US, Germany, India, China, and Japan. Among these, Japan, US, and China are expected to grow at a high rate during the forecast period owing to an increase in the penetration rate of connected devices and growing adoption of cloud computing.

Competitive Analysis:

The report contains an in-depth analysis of the vendor profiles, which include financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape. The key players operating in the road safety market include Motorola Solutions, American Traffic Solutions, Rad Data Communication, Jenoptik, Kapsch AG, Swarco AG, Redflex, Thales, Tyco, Alcatel-Lucent, and Siemens AG. The vendors have been identified based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D.

The report covers and analyzes the global road safety market. Various strategies such as joint ventures, partnerships, collaborations, and contracts have been considered. In addition, partnerships are expected to increase as customers are in search of better solutions. It is likely that the number of mergers, acquisitions, and strategic partnerships will increase as well during the forecast period.

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The report includes complete insights of the industry and aims to provide an opportunity for the emerging and established players to understand the market trends, current scenario, initiatives taken by the government, and the latest technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and take informed decisions.

Benefits

The report provides an in-depth analysis of the global road safety market with an aim to reduce time to market for products and services, reduce operational cost, improve accuracy, and operational performance. The report covers types, applications, and regions. Further, the report provides details about the major challenges impacting the market growth.

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Road Safety Market Forecast Report | Global Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2027

Road Safety Market

The Global Road Safety Market Report, published by Emergen Research, is an all-encompassing study of the Road Safety market, which emphasizes the estimated market size, share, value, volume, and futuristic outlook. The report details the major products and application ranges available in this market, highlighting the revenue, price, sales, production, growth rate, and market share of each segment and sub-segment. The essential market presented in the report in a tabular format is aimed at helping readers interpret the global market dynamics. The market intelligence report delivers a profound study of the Road Safety business domain, discussing its principal aspects, such as the import & export dynamics, production, consumption, sales channels, and consumer bases in the major regional segments.

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.

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

Prominent Players Profiled in the Road Safety Market:

SWARCO, REDFLEX HOLDINGS, SENSYS GATSO GROUP, JENOPTIK, IDEMIA, KAPSCH TRAFFICCOM, MOTOROLA SOLUTIONS, FLIR SYSTEMS, CUBIC CORPORATION, and SIEMENS, 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 & Response
    • Red Light & Speed Enforcement
    • Automatic Number Plate Recognition (ANPR)/Automatic License Plate Recognition (ALPR)
    • Others
  • Services Outlook (Revenue, USD Billion; 2017-2027)
    • Managed Services
    • Professional Services (Support and maintenance, System Integration and deployment, Consulting and Training)
  • Regional Outlook (Revenue, USD Billion; 2017-2027)
    • North America
      1. S.
      2. Canada
    • Europe
      1. Germany
      2. UK
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • MEA
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA

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Key Objectives of the Road Safety Market Report:

  • Analysis and forecast of the Global Road Safety Market by segmentation of the market
  • Analysis of various macro and micro-economic factors influencing the growth of the market
  • Extensive SWOT analysis and Porter’s Five Forces analysis to offer a detailed view of the competitive landscape
  • Insights into drivers, restraints, opportunities, limitations, threats, and challenges
  • Analysis of the key players operating in the industry
  • Strategic recommendations to the new entrants pertaining to entry-level barriers and to established players for formulating fruitful business plans

Get a broad analysis of the COVID19 impact on the Road Safety market @ https://www.emergenresearch.com/industry-report/road-safety-market

Thank you for reading our report. Kindly get in touch with us to know more about the report or about customization options. Our team will ensure the report is tailored according to your needs.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

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Road Safety Market Development Strategy, Share and Recent Trends By 2027

Road Safety Market

The Global Road Safety Market Report, published by Emergen Research, is an all-encompassing study of the Road Safety market, which emphasizes the estimated market size, share, value, volume, and futuristic outlook. The report details the major products and application ranges available in this market, highlighting the revenue, price, sales, production, growth rate, and market share of each segment and sub-segment. The essential market presented in the report in a tabular format is aimed at helping readers interpret the global market dynamics. The market intelligence report delivers a profound study of the Road Safety business domain, discussing its principal aspects, such as the import & export dynamics, production, consumption, sales channels, and consumer bases in the major regional segments.

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.

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

Prominent Players Profiled in the Road Safety Market:

SWARCO, REDFLEX HOLDINGS, SENSYS GATSO GROUP, JENOPTIK, IDEMIA, KAPSCH TRAFFICCOM, MOTOROLA SOLUTIONS, FLIR SYSTEMS, CUBIC CORPORATION, and SIEMENS, 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 & Response
    • Red Light & Speed Enforcement
    • Automatic Number Plate Recognition (ANPR)/Automatic License Plate Recognition (ALPR)
    • Others
  • Services Outlook (Revenue, USD Billion; 2017-2027)
    • Managed Services
    • Professional Services (Support and maintenance, System Integration and deployment, Consulting and Training)
  • Regional Outlook (Revenue, USD Billion; 2017-2027)
    • North America
      1. S.
      2. Canada
    • Europe
      1. Germany
      2. UK
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • MEA
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA

ORDER NOW (Customized Report Delivered as per Your Specific Requirement)@ https://www.emergenresearch.com/select-license/396

Reasons to Purchase this Report:

  • The report performs qualitative and quantitative analyses of the Road Safety market based on both the economic and non-economic factors.
  • It accurately indicates the regional segments expected to witness the fastest market growth rate.
    • The report endows the reader with an in-depth understanding of the competitive landscape of the Road Safety market, with the market ranking of the major players and their new product launches, partnerships, and various other business expansion strategies.

Get a broad analysis of the COVID19 impact on the Road Safety market @ https://www.emergenresearch.com/industry-report/road-safety-market

Thank you for reading our report. Kindly get in touch with us to know more about the report or about customization options. Our team will ensure the report is tailored according to your needs.

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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

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Road Safety Market : Segmentation by Manufacturers, Application, Type & Regions