A Global Road Safety Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Road Safety industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Road Safety market, this study covers qualitative and quantitative aspects of the Road Safety market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.

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. Increasing government initiatives for improving road safety solutions to reduce road fatalities, such as programs like smart mobility and adopting smart transportation, is a contributing factor to the growing demand for traffic safety solutions. 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.

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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Road Safety industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Road Safety industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Road Safety industry.

Radical Highlights of the Road Safety Market Report:

  • Comprehensive overview of the Road Safety market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and R&D advancements on the Road Safety market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Road Safety market expected to boost the growth of the industry in the coming years.

Road Safety Market Segmentation:

  • Solutions Outlook (Volume: Kilo Tons) (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 (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Managed Services
    • Professional Services (Support and maintenance, System Integration and deployment, Consulting and Training)  
  • Regional Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • North America
      1. U.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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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Road Safety market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

SWARCO, REDFLEX HOLDINGS, SENSYS GATSO GROUP, JENOPTIK, IDEMIA, KAPSCH TRAFFICCOM, MOTOROLA SOLUTIONS, FLIR SYSTEMS, CUBIC CORPORATION, SIEMENS

Regional Landscape section of the Road Safety report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • 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)

Additional information offered by the report:

  • Along with a complete overview of the global Road Safety market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Road Safety market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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Highlights of Table of Contents (TOC):

  • Overview of Global Road Safety Market
  • Competitive analysis of the Road Safety market
  • Regional analysis of Global Road Safety market production and revenue
  • Regional analysis of Global Road Safety market supply, consumption, and export & import
  • Type-based market analysis of global Road Safety production, revenue, and price trends
  • Application-based analysis of the global Road Safety market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Road Safety market
  • Conclusion of the research report
  • Appendix

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