Industry challenges ofRoad Safety Market - $0
Details:The Road Safety Market Globally at a rate of 10.01% in the forecast period 2022 to 2029.
An international Road Safety Market report is prepared with a detailed market analysis performed by a team of industry experts, skillful analysts, dynamic forecasters, and knowledgeable researchers. It is a professional and in-depth market report that focuses on primary and secondary drivers, market share, possible sales volume, leading segments, and geographical analysis. The major areas covered in the report include market definition, market segmentation, competitive analysis, and research methodology. The wide-ranging Road Safety Market also puts light on the various inhibitors as well as motivators of the product market in both quantitative and qualitative approaches so that users get accurate information.
Competitor analysis is a vital aspect of any market research report which focuses on the strong and weak points of the competitors and also analyses their strategies with respect to product and market. Excellent practice models and methods of research applied in the process of creating the Road Safety Market report unearths the best opportunities to succeed in the market. This persuasive report provides a CAGR value of 10.1% fluctuation during the forecast period of 2021-2028 for the market. The world-class Road Safety Market research report has wide-ranging and comprehensive market insights which are based on business intelligence.
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What are the Market Scope and Size of the Road Safety Market?
On the basis of components, the road safety market has been segmented into solutions and services. In 2021, the solutions segment dominates the overall market due to the rise in the demand for enforcement solutions in developing countries.
On the basis of technology, the road safety market has been segmented into surveillance, sensors-based devices, radar, and analytics. In 2021, the surveillance segment augments the market with the largest market share as this is considered to be the primary and convenient solution for road safety by monitoring activities or gathering data regarding speed issues, mishaps, and accidents with the utilization of surveillance cameras.
What is the Market Analysis and Insights of the Road Safety Market?
The road safety market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 10.1% in the forecast period of 2021 to 2028 and is expected to reach USD 8,542.86 million by 2028. The increasing growth in the number of accidents is boosting the growth of the market.
Road safety involves taking several steps for reducing the risk of road traffic injuries and death. Road safety measures are not only taken for car occupants but are also taken for cyclists, pedestrians, and motorcyclists. The increase in the number of road accidents especially in the regions that lack road safety infrastructure has created a high need for road safety solutions to prevent these accidents.
What are the Key Players in the Road Safety Market?
Some of the major players operating in the road safety market are JENOPTIK AG, Sensys Gatso Group AB, SWARCO, INFORMATION ENGINEERING GROUP INC., Syntel (Pty) Ltd (a subsidiary of Hosken Consolidated Investments), Kapsch TrafficCom AG, Redflex Holdings, FLIR Systems, Inc., Cubic Corporation, VITRONIC Dr.-Ing. Stein Bildverarbeitungssysteme GmbH, Truvelo Ltd, Optotraffic, LLC, Laser Technology, Inc., Motorola Solutions, Inc., Verra Mobility, Siemens, Dahua Technology Co., Ltd, Clearview Intelligence Ltd, Conduent, Inc., Tattile S.r.l., Traffic Logix among others. DBMR analysts understand competitive strengths and provide competitive analyses for each competitor separately.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Road Safety Market
Get TOC Details https://www.databridgemarketresearch.com/toc/?dbmr=global-road-safety-market
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