Road Safety Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-700 | Report Format : | Status : Upcoming |

Abstract

Global Road Safety Market: Overview

Road safety is nothing but a systematic measure and method that is utilized to avoid road users from being seriously injured or killed. Normally, these road users contain cyclists, pedestrians, vehicle passengers, motorists, and passengers of public transport such as buses and trains.

Global Road Safety Market: Growth Factors

The main factor for the growth of road safety market includes accidents, threats, fatalities, natural as well as unnatural disasters, and others. Other factors that boost the market include increasing number of crimes, terrorist attacks, and disasters. This led to the towering growth of the global road safety market.

On the parallel end, elevated number of traffic, passengers and congestion on the roadways is considers to be influencing the global road safety market in a positive way. Advanced technologies such as red light enforcement, speed limit enforcement, bus lane enforcement, incident access control, and incident detection are been used and implemented for bridges, highways, tunnels, and urban roads. The growth rate of these technologies is estimated to speed up in the near future.

Factors such as technological drive, exceeding demand for automobiles, and highly secure infrastructure of the safety are said to be the main reasons behind the success of the global road safety market.

Global Road Safety Market: Segmentation

The global road safety market can be segmented based on products used for highways, bridges, urban roads, and tunnels. Systems are divided into red light enforcement system, speed limit enforcement, bus lane enforcement, access control/vehicle detection, incident communication systems, and incident detection systems. Moreover, based on services, the global road safety market has branches such as risk assessment & analysis, consulting & system integration, support &training, and maintenance services. Radar and sensor-based devices, analytics, and surveillance are the branches based on technologies.

Global Road Safety Market: Regional Analysis

North America is considered to rule the global road safety market due to the accessibility of infrastructures that are technologically advanced. Asia Pacific is estimated to tower in the near future due to the hike in vehicles and lack of road infrastructure. Multiple governments across the world are splurging hefty amount on infrastructures such as highways, bridges, urban roads, and tunnels to overcome the elevated incidents of road crash. Additionally, the governments are rolling out modification in the implementation, enforcing, safety measures for the roadways infrastructure, and planning and strategizing of security.

Global Road Safety Market: Competitive Players

The major contenders in the global road safety market are Huawei, Flir Systems, Thales, Alcatel Lucent, Kapsch AG, Tyco, Saab, Raad Data Communication, and Siemens AG. These giants are offering real-time traffic flow systems, enforcement suites, and video surveillance solution. They also provide a system to communicate and handle traffic congestions. These systems are highly reliable and maximize road safety. Further, they are providing systems integrated with various technologies to reduce the overall cost and improve the efficiency. Development of fresh products, acquisitions, and mergers has now become a trend which has emerged some new players in the global road safety market.

Global Road Safety Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

High Strength Steel Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1519 | Report Format:

Global High Strength Steel Market: Overview The commonly found high strength steels in the market are 960, 690, 890, and 1100 MPa. The quenched and tempered steel are combined together to form high strength and tough steel which are used in the construction of mobile and stationary equipment tha...Read More

Aseptic Processing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1509 | Report Format:

Global Aseptic Processing Market: Overview To maintain the sterility of the food products or the pharmaceutical items they are packed within a sterile container that helps in maintaining its sterility efficiently. The methodology through which this process is done is known as aseptic processing....Read More

Nuclear Air Filters Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1501 | Report Format:

Global Nuclear Air Filters Market: Overview The opportunity for the nuclear air filters market is growing owing to the growth of the nuclear energy market worldwide. The market is completely dependent on the consumption of the nuclear power facilities, thus following the trends of the nuclear en...Read More

Intelligent Pump Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1499 | Report Format:

Global Intelligent Pump Market: Overview A wide range of benefits is offered by the intelligent pumps, which includes better maintenance plans and predictions, access to the real-time operating data, and wireless monitoring and control. In the past the intelligent pumps were installed, chiefly f...Read More

Industrial Refrigeration Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1460 | Report Format:

Global Industrial Refrigeration Systems Market: Overview Refrigeration is the process of removing excess heat from the space and transfer it into the environment. The refrigeration system is used in the refrigerated warehouses to lower the temperature and prevent food products from getting spoil...Read More

Choose License Type:
Latest Published Reports

View All Published Reports