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Road Safety Market Size, Share, Growth, Analysis, Trend, and Forecast Research Report by 2027

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

The latest report is the most recent study that offers 360° coverage of the Road Safety industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The increasing number of road accidents and increasing government initiatives are driving the demand of the market.

In April 2019, Redflex Holdings, an innovative global technology company, which designs and creates solutions that enable smarter cities, announced the launch of Halo Edge. The Halo Edge is the next generation (deep learning-based algorithms) intelligent ANPR camera solution that delivers Clean Air or low emissions zones detection.

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Segmental Analysis

The global Road Safety market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Road Safety sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

Stringent rules and regulations of the government regarding road safety are contributing to the growth of the road safety market. 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.

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

Regional Analysis of the Road Safety Market:

  • 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)

Rapid Business Growth Factors

In addition, the market is growing at a fast pace and the report shows us that there are a couple of key factors behind that. The most important factor that’s helping the market grow faster than usual is the tough competition.

Let us know if you have any specific requirements. We offer report customization.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.

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)  

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There are 15 Chapters to deeply display the global Road Safety market.

The report is distributed over 15 Chapters to display the analysis of the global Road Safety market.

Chapter 1 covers the Road Safety Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2 talks about the top manufacturers and analyses their sales, revenue and pricing decisions for the duration 2016 and 2017;

Chapter 3 displays the competitive nature of the market by discussing the competition among the top manufacturers. It dissects the market using sales, revenue and market share data for 2016 and 2017;

Chapter 4, shows the global market by regions and the proportionate size of each market region based on sales, revenue and market share of Road Safety, for the period 2012- 2017;

Chapter 5, 6, 7, 8 and 9, are dedicated to the analysis of the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, talk about the application and types of Road Safety in the market using the same set of data for the period 2012-2017;

Chapter 12 provides the market forecast by regions, types and applications using sales and revenue data for the period 2017-2022;

Chapter 13, 14 and 15 describe the value chain by focusing on the sales channel and the distributors, traders, dealers of the Road Safety. The concluding chapter also includes research findings and conclusion.

Key Points of Road Safety Market:

Extensive coverage of the analysis of the Road Safety market

Key insights into the regional spread of the industry in key geographies

Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market

Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Road Safety market

Complete data about the key manufacturers and vendors in the Road Safety market

Read More: https://www.emergenresearch.com/industry-report/road-safety-market

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