Global Road Safety Market
Title: Actionable Insights in Global Road Safety Market
According to the new study conducted by Global Market Estimates, the Global Road Safety Market will grow at a CAGR of 10.28% from 2020 to 2026. Road safety commodities are categorized into products, solutions, and services. Some of the examples are traffic enforcing cameras and event response and exposure systems. Services like installation, sustenance, and restoration of the systems are offered to the end-user for better surveillance. Maintaining the safety of the strollers and commuters, as well as traffic discipline, come under the solutions segment. Rising urbanization, industrialization, progressing demand for vehicles over developing nations (usually in tier 2 & 3 cities), presence of government administrative measures for road safety concerns in regions like North America, Europe, and others, an increase in urban population, and growing transport commutation of people for the day to day activities act as factors propelling the road safety market.
By Type of Component (Solutions [Incident Detection & Response, Automatic License Plate Recognition, Enforcement Solution, and Others] and Services [Consulting & Training, System Integration & Deployment, and Support & Maintenance]), By Region (North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America), End-User Landscape, Vendor Landscape, Company Market Share Analysis, and Competitor Analysis
Browse 137 Market Data Tables and 102 Figures spread through 171 Pages on "Road Safety Market - Forecasts to 2026" https://www.globalmarketestimates.com/market-report/road-safety-market-2264
Key Market Insights:
· The road safety market will have a vital growth of CAGR value of 10.3% during 2020-2026
· Based on solutions, enforcement solutions are estimated to contribute to the highest growth in the global market from 2020 to 2026.
· The service segment will boost the revenue in the road safety market.
· Amongst all the regions across the globe, APAC is expected to grow at a significant CAGR% over the coming years in the road safety market.
Major players in this market are AABMATICA Technologies Pvt. Ltd., Jenoptik, Redflex Holdings Ltd., Kapsch TrafficCom, Sensys Gatso Group AB, Verra Mobility Corporation, IDEMIA, SWARCO, Information Engineering Group Inc., Cubic Corporation, FLIR Systems Inc., Motorola Solutions Inc., Siemens Limited, Conduent Inc., Laser Technology Inc., Optotraffic LLC, VITRONIC, Kria, Syntell (Pty) Ltd., and Traffic Management Technologies Services and Solutions (Pty) Ltd. among other.
Browse the road safety market report @: https://www.globalmarketestimates.com/market-report/road-safety-market-2264
Type of Component Outlook (Revenue, USD Million, 2020 - 2026)
Ø Solutions
o Enforcement Solution
o Incident Detection & Response
o Automatic License Plate Recognition
o Other Solutions
Ø Services
o Consulting & Training
o System Integration & Deployment
o Support & Maintenance
· Regional Outlook (Revenue, USD Million, 2020 - 2026)
Ø North America
o The U.S.
o Canada
o Mexico
Ø Europe
o Germany
o UK
o France
o Spain
o Italy
o Rest of Europe
Ø Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o Rest of APAC
Ø Central & South America
o Brazil
o Argentina
o Chile
o Rest of CSA
Ø Middle East & Africa
o Saudi Arabia
o South Africa
o UAE
o Rest of MEA
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