Global Road Safety Market worth $2.7 billion by 2018

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Global Road Safety market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Road Safety market by companies, region, type and end-use industry.

Global Road Safety Market is valued approximately USD 2.7 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 9.3% over the forecast period 2019-2026. Road safety involves products and services that are being introduced in market to reduce risk of accidents, maintain traffic discipline, control and curb wayward vehicle movement and ensure safe travel of commuters. Several technologies have been used in order to implement more security for highways and bridges, urban roads and tunnels. These technological systems, services and solutions include speed limit enforcement, red light enforcement, bus lane enforcement, incident detection and access control.  Constant need of road safety for commuters, reducing traffic and congestion on the road, new infrastructure development and longer commuting and many more are driven to boost the overall road safety market. Factors such as rising urban population and high demographic rates, rapid motorization, increasing number of road fatalities/accidents, and government initiatives for enhancing road safety, increase the growth of road safety market over the forecasted period of 2019-2026.

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The regional analysis of global Road Safety market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing adoption of smart and automated technologies. Factors such as disposable income, sustainable and well-established economies, which invest increasingly in the road safety enhancement, would create lucrative growth prospects for the Road Safety market across North American region.

Major market player included in this report are:

  • Jenoptik
  • Kapsch Traffic Com
  • Sensys Gatso Group
  • Redflex Holdings
  • IDEMIA
  • Verra Mobility
  • SWARCO
  • FLIR Systems
  • Motorola Solutions
  • Siemens

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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By Component:

  • Solutions
  • Services

By Regions:

  • North America- U.S., Canada
  • Europe- UK, Germany.
  • Asia Pacific: China, India, Japan
  • Latin America: Brazil, Mexico, Rest of the World

Furthermore, years considered for the study are as follows:

  • Historical year – 2016, 2017
  • Base year – 2019
  • Forecast period – 2019 to 2026

Target Audience of the Global Waterjet Cutting Machine Consumables Market in Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors

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Table of Contents

Chapter 1.Executive Summary

1.1.Market Snapshot

1.2.Key Trends

1.3.Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Billion)

1.3.1.Road Safety Market, by Component, 2016-2026 (USD Billion)

1.3.2.Road Safety Market, by Measurement Technology, 2016-2026 (USD Billion)

1.3.3.Road Safety Market, by Number of Paths, 2016-2026 (USD Billion)

1.3.4.Road Safety Market, by End User, 2016-2026 (USD Billion)

1.3.5.Road Safety Market, by Region, 2016-2026 (USD Billion)

1.4.Estimation Methodology

1.5.Research Assumption

Chapter 2.Global Road Safety Market Definition and Scope

2.1.Objective of the Study

2.2.Market Definition & Scope

2.2.1.Industry Evolution

2.2.2.Scope of the Study

2.3.Years Considered for the Study

2.4.Currency Conversion Rates

Chapter 3.Global Road Safety Market Dynamics

3.1.See Saw Analysis

3.1.1.Market Drivers

3.1.2.Market Challenges

3.1.3.Market Opportunities

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