Global Road Safety
Market Report
2024
Road Safety Market size is USD 3.7 Billion in 2024 and will expand at a compound annual growth rate (CAGR) of 9.60% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Road Safety Market Report 2024.
According to Cognitive Market Research, the global road safety market size is USD 3.7 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Road Safety Market Sales Revenue 2024 | $ 3.7 Billion |
Global Road Safety Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.6% |
Market Split by Solution |
|
Market Split by Service |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Road Safety industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Road Safety Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Road safety describes several programs and initiatives aimed at making driving less dangerous. By raising awareness through multiple road safety technologies such as speed detectors, road signs, fences, and others, the goal of road safety is to lessen the number of individuals killed or seriously injured that occur on our roads. Better transportation management and traffic safety are necessities brought about by the increasing urban population and rapid urbanization, which in turn fuels the market's expansion. Government actions and investments to strengthen road security management have resulted in an increasing requirement for road safety.
Advancement in Technology- Technological developments such as driverless vehicles, collision avoidance systems, and sophisticated driver assistance systems (ADAS) are propelling the expansion of the road safety market. These advances improve safety by assisting drivers in real-time, reducing the likelihood of collisions, and opening the door to safer transportation ecosystems. Automobiles and infrastructure must have safety measures to comply with global regulations that aim to improve road safety. As a result, developments in car safety technology are driving the Road Safety Market forward. The rise in traffic fatalities and injuries is a major factor propelling the road safety industry to substantial growth.
A lack of investment in sophisticated and consistent innovations in developing economies is hindering the growth of the road safety sector. The road safety industry faces danger from environmental concerns such as global warming.
We have various report editions of Road Safety Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In April 2024, Jenoptik received a contract to provide 25 highways with SPECS average cameras, which Transport for Greater Manchester (TfGM) will install. A second phase of an upgrade project is already underway in the area, with the goals of enhancing the network of modern safety cameras and promoting safer driving practices.
(Source:https://www.jenoptik.com/news/pressreleases/2024/04/10/specs-cameras-for-greater-manchester)
Top Companies Market Share in Road Safety Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global Road Safety Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Road Safety Industry growth. Road Safety market has been segmented with the help of its Solution, Service , and others. Road Safety market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, ANPR/ALPR is the dominant category. The ANPR/ALPR segment generates a substantial portion of the total revenue due to its wide range of end-use applications, which include but are not limited to, road interactions, parking lots, private land, and schools. If a car is stolen, involved in criminal activity, or has a history of traffic offenses, these options can help find a vehicle. One more thing that makes these services so popular is that they offer round-the-clock monitoring, regardless of the weather or lighting conditions.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Road Safety Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Road Safety from 2019 to 2031. This will also help to analyze the demand for Road Safety across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Service of Road Safety are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Road Safety market report 2024 Edition by contacting our team.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the road safety market because it has many big factories and rules about how to keep people safe on the road. Because of these things, the area is at the forefront of advocating for and enacting policies that raise the bar for road safety.
Asia-Pacific stands out as the fastest-growing region in the road safety market due to the rising number of people and the increasingly congested public transportation systems. Concerns about traffic safety in the area have prompted a dramatic increase in the demand for viewing and tracking solutions.
The current report Scope analyzes Road Safety Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Road Safety Market is witnessing significant growth in the near future.
In 2023, the Red Light segment accounted for noticeable share of global Road Safety Market and is projected to experience significant growth in the near future.
The Consulting and Training segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies JENOPTIK (Germany) , Sensys Gatso Group (Sweden) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Solution | Red Light, Speed, Bus Lane, Section Enforcement, ALPR/ANPR |
Service | Consulting and Training, System Integration and Deployment, Support and Maintenance |
List of Competitors | JENOPTIK (Germany), Kapsch TrafficCom (Austria), Sensys Gatso Group (Sweden), IDEMIA (France), Teledyne FLIR (US), Motorola Solutions (US), Verra Mobility (US), SWARCO (Austria), Siemens (Germany), Cubic Corporation (US), Conduent (US), VITRONIC (Germany), Dahua Technology (China), Laser Technology (US), Traffic Management Technology (South Africa), Truvelo (UK), Kria (Italy), Syntell (South Africa), Clearview Intelligence (UK), Simicon (Russia), FRED Engineering (Italy), Kodiak Robotics (US), Humanising Autonomy (UK), Vebit AI (US), Connected Wise LLC (US), Saferoad (Germany), LiveRoad Analytics (US) |
This chapter will help you gain GLOBAL Market Analysis of Road Safety. Further deep in this chapter, you will be able to review Global Road Safety Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Road Safety Market Trends North America Road Safety Technological Road Map North America Road Safety Market Drivers North America Road Safety Market Restraints North America Road Safety Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Solution Analysis 2019 -2031, will provide market size split by Solution. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Solution Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Service Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Road Safety market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Red Light have a significant impact on Road Safety market? |
What are the key factors affecting the Red Light and Speed of Road Safety Market? |
What is the CAGR/Growth Rate of Consulting and Training during the forecast period? |
By type, which segment accounted for largest share of the global Road Safety Market? |
Which region is expected to dominate the global Road Safety Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Road Safety Market
Request Sample