As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Road Safety Market: By Components: Solutions, Services; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Competitive Landscape; Industry Events and Developments

Global Road Safety Market Outlook

The global road safety market attained a value of about USD 2.8 billion in 2020. The road safety market is further expected to grow in the forecast period of 2021-2026 at a CAGR of nearly 9% to reach a value of around USD 4.7 billion by 2026. The road safety market is primarily being driven by the rising number of road accidents resulting in an increasing demand for road safety measures.

 

Road Safety Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Properties and Applications

Road safety is the set of strategies and measures that avoid death or serious injury to commuters using the road. Typical commuters who use the road are pedestrians, cyclists, car drivers, and public road passengers (mainly buses).

 

Road Safety Market by Components

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on the components, the road safety market can be divided into solutions and services.

Solutions can be further divided into:

  • Enforcement Solution
  • Automatic License Plate Recognition/Automatic Number Plate Recognition
  • Incident Detection and Response
  • Others

The enforcement solution is further segmented as follows:

  • Red Light Enforcement
  • Speed Enforcement
  • Bus Lane Enforcement
  • Section Enforcement

Services can be divided into professional services and managed services.

Professional services are further divided into the following:

  • Consulting and Training
  • System Integration and Deployment
  • Support and Maintenance

The EMR report looks into the regional road safety markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Road Safety Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Analysis

Factors like increased mobility, increased vehicle adoption, and rising traffic are expected to increase the demand for road safety. The construction of safer roads, improving facilities to protect pedestrians and cyclists, and implementing safer riding initiatives would minimize road injury and contribute to the health among the public. Therefore, the leading global players are increasingly concentrating on the production of goods that provide road safety and incorporate systems into different technologies to enhance performance at a lower cost, thus, propelling the growth of the road safety market.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global road safety market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Jenoptik AG
  • Kapsch TrafficCom AG
  • Sensys Gatso Group AB
  • Verra Mobility Corporation
  • Teledyne FLIR LLC
  • Motorola Solutions, Inc.
  • Others

The EMR report gives an in-depth insight into the road safety market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Region
Breakup by Component Solutions, Services
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Jenoptik AG, Kapsch TrafficCom AG, Sensys Gatso Group AB, Verra Mobility Corporation, Teledyne FLIR LLC, Motorola Solutions, Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Road Safety Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Road Safety Historical Market (2016-2020) 
    8.3    Global Road Safety Market Forecast (2021-2026)
    8.4    Global Road Safety Market by Component
        8.4.1    Solutions
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
            8.4.1.4    Breakup by Type
                8.4.1.4.1    Enforcement Solutions
                    8.4.1.4.1.1     Market Share
                    8.4.1.4.1.2     Historical Trend (2016-2020)
                    8.4.1.4.1.3     Forecast Trend (2021-2026)
                8.4.1.4.2    Automatic License Plate Recognition/Automatic Number Plate Recognition
                    8.4.1.4.2.1    Market Share
                    8.4.1.4.2.2    Historical Trend (2016-2020)
                    8.4.1.4.2.3    Forecast Trend (2021-2026)
                8.4.1.4.3    Incident Detection & Response
                    8.4.1.4.3.1    Market Share
                    8.4.1.4.3.2    Historical Trend (2016-2020)
                    8.4.1.4.3.3    Forecast Trend (2021-2026)
                8.4.1.4.4    Others
        8.4.2    Services
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
            8.4.2.4    Breakup by Type
                8.4.2.4.1    Professional Services
                    8.4.2.4.1.1     Market Share
                    8.4.2.4.1.2     Historical Trend (2016-2020)
                    8.4.2.4.1.3     Forecast Trend (2021-2026)
                8.4.2.4.2    Managed Services
                    8.4.2.4.2.1    Market Share
                    8.4.2.4.2.2    Historical Trend (2016-2020)
                    8.4.2.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Road Safety Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Jenoptik AG
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Kapsch TrafficCom AG
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3     Sensys Gatso Group AB
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Verra Mobility Corporation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Teledyne FLIR LLC
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Motorola Solutions, Inc.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global Road Safety Market: Key Industry Highlights, 2016 and 2026
2.    Global Road Safety Historical Market: Breakup by Component (USD Million), 2016-2020
3.    Global Road Safety Market Forecast: Breakup by Component (USD Million), 2021-2026
4.    Global Road Safety Historical Market: Breakup by Region (USD Million), 2016-2020
5.    Global Road Safety Market Forecast: Breakup by Region (USD Million), 2021-2026
6.    North America Road Safety Historical Market: Breakup by Country (USD Million), 2016-2020
7.    North America Road Safety Market Forecast: Breakup by Country (USD Million), 2021-2026
8.    Europe Road Safety Historical Market: Breakup by Country (USD Million), 2016-2020
9.    Europe Road Safety Market Forecast: Breakup by Country (USD Million), 2021-2026
10.    Asia Pacific Road Safety Historical Market: Breakup by Country (USD Million), 2016-2020
11.    Asia Pacific Road Safety Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Latin America Road Safety Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Latin America Road Safety Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Middle East and Africa Road Safety Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Middle East and Africa Road Safety Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Global Road Safety Market Structure

Key Questions Answered in the Report

In 2020, the global road safety market attained a value of nearly USD 2.8 billion.

The market is projected to grow at a CAGR of 9% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 4.7 billion by 2026.

The major drivers of the market include the rising number of road accidents, increasing public awareness about road safety, and the implementation of stringent regulations by the government to prevent road accidents.

The key market trends guiding the growth of the industry include the development of safer roads, growing technological advancements, and improving facilities to protect pedestrians.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Solutions and services are the major components of the product.

The major players in the industry are Jenoptik AG, Kapsch, Trafficcom, Sensys Gatso Group AB, Redflex Holdings, Verra Mobility, FLIR Systems, Inc, and Motorola Solutions, among others.

Analyst Review

The global road safety market attained a value of USD 2.8 billion in 2020, driven by the increasing awareness regarding road safety, favourable government initiatives, and rising vehicle congestion. Aided by the rapid technological advancements, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 9%. The market is projected to reach USD 4.7 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on component, the market is broadly categorised into solutions and services. The solutions segment is further divided into enforcement solution, automatic license plate recognition/automatic number plate recognition, and incident detection and response, among others, where the enforcement solution vertical of the solutions segment is sub-divided into red light enforcement, speed enforcement, bus lane enforcement, and section enforcement. Meanwhile, the services segment is divided into professional services and managed services, where the professional services segment is sub-divided into consulting and training, system integration and deployment, and support and maintenance. The major regional markets for road safety are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Jenoptik AG, Kapsch, Trafficcom, Sensys Gatso Group AB, Redflex Holdings, Verra Mobility, FLIR Systems, Inc, and Motorola Solutions, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER