Global Road Safety
Market Report
2025
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 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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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.
2021 | 2025 | 2033 | CAGR | |
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Global Road Safety Market Sales Revenue | 121212 | 121212 | 121212 | 9.6% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Solution |
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Market Split by Service |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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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.
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In 2025, global trade has entered a period of renewed volatility as the U.S., under President Donald Trump, introduced sweeping tariffs known as the Liberation Day Tariffs. Aimed at addressing trade imbalances and foreign supply chain dominance, the tariffs range from 10% on allies like Australia and the UK to 46% on Vietnamese goods and 34% on Chinese imports. A 25% universal tariff on steel, aluminum, and auto parts has further strained global trade ties. The electronics sector is among the hardest hit, particularly due to the escalating U.S.China trade war. Tariffs on Chinese goods now reach up to 145% in sectors like semiconductors and consumer electronics, while China has retaliated with up to 125% duties and restrictions on critical mineral exports. This has disrupted just-in-time supply chains and increased component costs.
Specific tariffs include 25% on semiconductors, 20% on lithium-ion batteries, and 10–15% on consumer electronics like laptops and tablets, leading to higher retail prices and reduced consumer demand. Sub-sectors such as home automation, computer hardware, communication electronics, medical devices, and industrial electronics are all under pressure due to rising input costs and supply chain delays. Companies are revisiting suppliers, shifting sourcing to countries like India, Mexico, and Vietnam, and redesigning products to avoid high-tariff components.
China remains a key player, contributing USD 119 billion in electronics exports to the U.S. in 2023. Even components routed through countries like Malaysia and Vietnam often rely on Chinese subparts, making the ripple effect of tariffs widespread. U.S. electronics firms operating on thin margins are seeing input costs rise 18–25%, with contract manufacturers in alternative regions facing capacity constraints.
Market research is now critical. It helps companies identify new suppliers, analyze cost trends, optimize product design, forecast demand shifts, and track regulatory changes. Tools like supplier mapping, BOM optimization, and scenario planning support strategic responses to ongoing disruptions. Leading firms like Apple and Dell are expanding production outside China, while others invest in digital supply chain tools and redesign products for cost resilience. In this evolving trade environment, firms that leverage research-driven strategies are better positioned to adapt and thrive.
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.
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.
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Global Road Safety Market Report 2025 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.
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Market segmentation based on Service explains not only the historical market size/share data of Consulting and Training, System Integration and Deployment, Support and Maintenance but also the forecasted revenue growth. 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.
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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.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
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 has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Road Safety. Further deep in this chapter, you will be able to review North America Road Safety Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Road Safety. Further deep in this chapter, you will be able to review Europe Road Safety Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Road Safety. Further deep in this chapter, you will be able to review Asia Pacific Road Safety Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Road Safety. Further deep in this chapter, you will be able to review South America Road Safety Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Road Safety. Further deep in this chapter, you will be able to review Middle East Road Safety Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Road Safety. Further deep in this chapter, you will be able to review Middle East Road Safety Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Road Safety. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging 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.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
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 2021 - 2033
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 2021 - 2033
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.
Chapter 13 Research Methodology and Sources
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 |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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