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Home / Industry / Global Road Safety System Market Size, Status and Forecast 2019-2025

Global Road Safety System Market Size, Status and Forecast 2019-2025

Published: Sep 2019 Total Pages: 133 | Published By: QYResearch Group

As there is an increase in the adoption of road safety solutions, the associated services are also expected to be adopted rapidly. Road safety services are majorly deployed to enhance the existing infrastructure and also integrate the latest road safety solutions with the existing one.

The road safety market is projected to grow from USD 3.0 billion in 2019 to USD 4.7 billion by 2024, at a CAGR of 9.3% during the forecast period. Major factors driving the road safety market include rising urban population and high demographic rates, rapid motorization, increasing number of road fatalities/accidents, and government initiatives for enhancing road safety.

In 2018, the global Road Safety System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Road Safety System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Road Safety System development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Jenoptik (Germany)

Kapsch TrafficCom (Austria)

Sensys Gatso Group (Sweden)

Redflex Holdings (Australia)

Verra Mobility (US)

IDEMIA (France)

FLIR Systems (US)

Motorola Solutions (US)

SWARCO (Austria)

Information Engineering Group (Canada)

Cubic Corporation (US)

Siemens (Germany)

Conduent, (US)

VITRONIC (Germany)

Kria (Italy)

Laser Technology (US)

Optotraffic (US)

Syntell (South Africa)

Traffic Management Technologies (South Africa)

AABMATICA (India)

Clearview Intelligence (UK)

Dahua Technology (China)

Truvelo (UK)

Trifoil (Sultanate of Oman)

Market segment by Type, the product can be split into

Solutions(Enforcement Solution,ALPR/ANPR,Incident Detection and Response and Others)

Services(Professional Services and Managed Services)

Market segment by Application, split into

Bridges

Highways

Tunnels

Urban Roads

Others

Market segment by Regions/Countries, this report covers

North America

Europe

China

Japan

Southeast Asia

India

Central & South America

The study objectives of this report are:

To analyze global Road Safety System status, future forecast, growth opportunity, key market and key players.

To present the Road Safety System development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Road Safety System are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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