Press release
Road Safety Market Competitive Analysis | By Key Vendors: Redflex Holdings Limited & Redflex Traffic Systems Pty Ltd, Kapsch TrafficCom, Sensys Gatso Group AB, 3M, American Traffic Solutions, FLIR Systems,
Road Safety Market
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Global Road Safety Market accounted for USD 3.1 billion in 2016 growing at a
CAGR of 8.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015,& 2017 the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Major Market Competitors/Players:
Global Road Safety Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some of the prominent participants operating in this market are:
• JENOPTIK AG,
• Kapsch TrafficCom,
• Sensys Gatso Group AB,
• 3M,
• Redflex Holdings Limited & Redflex Traffic Systems Pty Ltd,
• American Traffic Solutions,
• FLIR Systems, Inc.,
• Motorola Solutions, Inc.,
• SWARCO AG,
• INFORMATION ENGINEERING GROUP INC.,
• Huawei Technologies Co., Ltd.,
• Johnson Controls,
• Saab AB,
Company Share Analysis: Global Road Safety Market
The report for road safety market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Major market drivers & restraints:
• Increase in mobility and associated demand for transportation systems
• Increase in urbanization
• Increase in road accidents/fatality rate
• Growing government regulations for road safety
• Insufficient government funding in decentralized areas
• Barrier to implement advanced road safety infrastructure
Market Segmentation: Global Road Safety Market
• The global road safety market is segmented on the basis of solution into red light enforcement, speed enforcement, incident detection system, bus lane compliance, automatic license plate recognition, and others.
• On the basis of service, the global road safety market is segmented into professional services, and managed services. The professional services segment is further sub segmented into consulting and system integration, training, support, and maintenance, risk assessment and analysis.
• On the basis of geography, the global road safety market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Key questions answered in the report:
• What will the market growth rate of Road Safety Market in 2024?
• What are the key factors driving the Global Road Safety Market?
• Who are the key manufacturers in Road Safety Market space?
• What are the market opportunities, market risk and market overview of the Road Safety Market?
• What are sales, revenue, and price analysis of top manufacturers of Road Safety Market?
• Who are the distributors, traders and dealers of Road Safety Market?
• What are the Core Materials Market opportunities and threats faced by the vendors in the Road Safety Market industry?
• What are sales, revenue, and price analysis by types and applications of Road Safety Market?
• What are sales, revenue, and price analysis by regions of Road Safety Market industry?
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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