Road Safety Market Industry Analysis, Size, Share, Growth and Forecast To 2028

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Road Safety Market Industry Analysis, Size,
Share, Growth and Forecast To 2028
Road Safety Market, By Component (Solutions,
Services), Technology (Surveillance,
Sensors-Based Devices, Radar, Analytics), Road
Type (Cities, Highways, Rural Roads, Others),
Industry Trends and Forecast to 2028
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Market Analysis and Insights
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 the CAGR of 10.1 in the
forecast period of 2021 to 2028 and expected to
reach USD 8,542.86 million by 2028. The
increasing growth in 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. The 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.
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Major Key Players

• Some of the major players operating in this
  market are
• JENOPTIK AG
• Sensys Gatso Group AB
• SWARCO
• INFORMATION ENGINEERING GROUP INC.
• Syntell (Pty) Ltd (a subsidiary of Hosken
  Consolidated Investments),

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Market Segmentation

• By Component (Solutions, Services)
• By Technology (Surveillance, Sensors-Based
  Devices, Radar, Analytics)
• By Road Type (Cities, Highways, Rural Roads,
  Others)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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