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

Choose License

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

Wireless Gas Detection Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2607 | Report Format:

Global Wireless Gas Detection Systems Market: Overview A device utilized to sense a gas present in a system is known as a wireless gas detection system. Being an element of the safety system, it is utilized to sense leakage of any explosive and hazardous gases in the industry. Usually, the detec...Read More

Digital Isolator Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2603 | Report Format:

Global Digital Isolator Market: Overview Digital isolators are mainly utilized in the DC-to-DC converters in battery-powered industrial equipment and solar inverters. Numerous manufacturers are seen to invest more in the development of isolation-integrated DC-to-DC converters. Such isolation-int...Read More

Commercial Robotics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2561 | Report Format:

Commercial Robotics Market: Overview A fully programmed robot that is intended to perform a specific task to ease the human efforts along with high productivity is termed as robots. These robots are then utilized for the personal usage or to carry out the heavy duty tasks. The era of automation ...Read More

Gas Detection Device Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2552 | Report Format:

Gas Detection Device Market: Overview Gas detection devices are the advanced equipment that are designed to indentify and monitor the quality and concentration of gases present in air. These devices are integrated with a electronic mechanism that can be either operated manually or automatic post...Read More

Motorized Decoiler Machine Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2473 | Report Format:

Motorized Decoiler Machine Market: Overview The motorized decoiler machines help in several processes, that is, they can be used for several applications such as forming, stamping, cutting, punching, and others. These machines are widely used in the end-user industries such as textile and metal ...Read More

Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.

Quick Inquiry