Road Safety Market Growth, Global Survey, Analysis, Share, Company Profiles and Forecast by 2027

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The increasing number of road accidents and increasing government initiatives are driving the demand of the market.

A novel research report on global Road Safety Market has been recently published by Emergen Research to offer a comprehensive overview of the industry with latest and emerging market trends between 2021 and 2027.Furthermore, the report provides a comprehensive overview of the Road Safety market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns.

Browse Detailed Summary of Research Report with TOC : https://www.emergenresearch.com/industry-report/road-safety-market

The report further assesses the market dynamics, market landscape, company profiles, production and manufacturing capacity, year-on-year growth rate, SWOT analysis, and Porter’s Five Forces analysis. It offers in-depth assessment of key companies operating in the market on the basis of their expansion plans, market position, financial standing, and gross profit margins. It also provides information about their current advancements and key market strategies.  To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.

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.

Key participants include SWARCO, REDFLEX HOLDINGS, SENSYS GATSO GROUP, JENOPTIK, IDEMIA, KAPSCH TRAFFICCOM, MOTOROLA SOLUTIONS, FLIR SYSTEMS, CUBIC CORPORATION, and SIEMENS, among others.

The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Road Safety industry, particularly the current COVID-19 scenario.

The Red Light Speed Enforcement segment held the largest market share of 51.2% in 2019. The increasing need to reduce the number of collisions and right-angle crashes has increased the adoption of the Red Light Speed Enforcement.

Why choose emergen research  ?

  • Extensive market scope covering all major offerings in the ecosystem
  • In-depth analysis for all the countries covered in each report
  • Current and upcoming trends impact analysis
  • Robust Research Methodology
  • Comprehensive Reports
  • Latest Technological Developments

 Key Questions Answered in the Report:

What is the growth rate of the Road Safety market? What is the anticipated market valuation of Road Safety industry by 2027?

What are the key growth driving and restraining factors of the Road Safety market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Road Safety industry over the forecast period?

Which region is expected to show significant growth in the coming years?

Get a sample of the report : https://www.emergenresearch.com/request-sample/396

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)
    • Others
  • Services Outlook (Revenue, USD Billion; 2017-2027)
    • Managed Services
    • Professional Services (Support and maintenance, System Integration and deployment, Consulting and Training)  

Regional Segmentation;

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)

Request a discount on the report : https://www.emergenresearch.com/request-discount/396

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