Road safety market

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Road Safety MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Global Road Safety Market size is estimated to
  reach 4.6 billion by 2026, forecast to grow at a
  CAGR of 8.4 during 2021-2026. Demand of road
  safety trends is one of the main concern in the
  present transportation mode. Increasing
  population as well as the increase in vehicles in
  use across the globe is one of the major
  challenges for the road safety industry analysis.
  Continuously rising urban population, increasing
  number of road facility, accident, and rapid
  modernization of vehicles are some of the core
  concerns pushing the growth of the road safety
  solutions market across the globe.

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• Key Takeaways
• North American region dominated the road safety
  market owing to adoption of advanced technology
  such as telematics and vehicle safety
  communications and infrastructure developments in
  this region.
• As per World Road Association (PIARC), every year
  more than 1.24 million people die on road
  accident across the globe. Many people suffer
  permanent disability, and between 20 and 50
  million people suffers non-fatal injuries. Road
  safety solutions are being increasingly adopted
  to combat this.
• Globally road accident become a major causes of
  death children as well as young people aged
  between 15-30 years. In the coming future this
  road injury can be a major problem, and it is
  estimated that road traffic injury may become the
  7th leading cause of death by 2030.

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By Distribution Channel- Segment Analysis By
component type road safety market is classified
in to different segments includes solution and
services. Solution segment is further segmented
into enforcement solution, automatic license
plate recognition/automatic number plate
recognition, incident detection response, and
others including Fitch barriers. Service segment
is further break down in to professional services
and managed services. Enforcement solution is
expected to grow at a highest CAGR of 10.9
during the forecast period. Speed reduction
measures are increasingly used in various
applications which include infrastructure,
vehicle technology, telematics and enforcement
and indirect applications education and publicity
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• Road Safety Market Industry Outlook 
• Jenoptik,
• Kapsch Traffic Com,
• Sensys Gatso Grou,
• Verra Mobility,
• FLIR Systems,
• SWARCO,
• IDEMIA,
• Siemens,
• Conduent,
• Clearview Intelligence 

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Road Safety Market Forecast (2021 - 2026)
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https//www.industryarc.com/Research/Road-Safety-M
arket-Research-500782
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id500782

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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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