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. 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 latest study provides readers with a granular analysis of the major developmental elements of the global market, potential business avenues, and the overall market dynamics. The report has been specially curated to offer a deep understanding of the competitive terrain of the global market, highlighting the leading market rivals, their market positions, product portfolios, gross revenue shares, profit margins, pricing analysis, sales network & distribution channels, and financial standing. According to research analysts, the coronavirus outbreak has had an overwhelming impact on the global economic landscape. The report encapsulates the significant effects of the coronavirus pandemic on the Road Safety industry and its key segments. The study, therefore, inspects the grave impact of the pandemic on this industry vertical, its leading players, distribution channels, supply chains, and the overall economic landscape.
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The study dives deep into the profiles of top market players and their key financials. This comprehensive report is not only for business analysts and any existing and new entrant can use it when designing their business strategies.
The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:
SWARCO, REDFLEX HOLDINGS, SENSYS GATSO GROUP, JENOPTIK, IDEMIA, KAPSCH TRAFFICCOM, MOTOROLA SOLUTIONS, FLIR SYSTEMS, CUBIC CORPORATION, and SIEMENS, among others.
Moreover, the report includes SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis to give readers a better grasp and understanding of the key market features. This also allows the reader to formulate strategic business and investment plans. The report on the Road Safety market offers an insight into market development trends, regulatory framework, investment opportunities, and forecast.
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)
- Services Outlook (Revenue, USD Billion; 2017-2027)
- Managed Services
- Professional Services (Support and maintenance, System Integration and deployment, Consulting and Training)
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Regional Outlook (Revenue, USD Billion; 2018–2028)
- Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- North America
Key factors affecting the growth of the global Road Safety market:
- The latest report broadly categorizes the global Road Safety market into several geographical terrains, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
- The study is inclusive of essential information relevant to each region in this broad industry segment, along with the key drivers of the regional market growth.
- The report further estimates the revenue accumulated by these regions over the forecast period.
- The latest research report studies the major market players, their regional presence, industry share, and production facilities.
- The report offers significant data pertaining to these market competitors’ company profiles, product types, and application outlook.
- Moreover, the pricing models and gross margins of these industry majors have also been mentioned in the report.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Road Safety Market Segmentation & Impact Analysis
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