Global Road Safety Market: Research analysis with the explanation of the market terms, technicalities about the latest developments, future expectation, feasibility of more new investments during forecast period 2018-2023

Road safety is important to all road users. Every year in Europe, more than one million people are injured in road accidents. In recent years, the number of cars on the road has increased and the number of cargoes on the road has increased. This makes road safety more important.

In the latest report, titled “Global Road Safety Market” the report provides the vital trends and dynamics affecting the development of the market, containing the limitations, drivers, and opportunities. A number of research tools such as Porter’s five forces analysis and SWOT examination have been exercised to deliver an exact understanding of this market. The report gives information on the technological developments that are bound to happen in the future years or are happening as of now

The road safety solutions contain enforcement solution; incident detection and response; ALPR/ANPR; and others. The enforcement solution segment has been further classified into red light enforcement, speed enforcement, bus lane enforcement, and section enforcement. The smart city initiative adopted by the governments and a rise in demand for advanced infrastructure further increase the road safety market demand.

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Global Road Safety Market is expected to grow at a CAGR of +8% during the forecast period 2018-2023

Key players
Jenoptik (Germany), Kapsch Trafficcom (Austria), Sensys Gatso Group (Sweden), Redflex Holdings (Australia), American Traffic Solutions (US), Idemia (France), Flir Systems (US), Motorola (US), Swarco (Austria), Information Engineers Group (Canada), Cubic Corporation (US), Siemens (Germany), Thales (France), Conduent (US), Vitronic (Germany), Trifoil (Germany), Kria (Italy), Laser Technology (US), others

Geographically, the Road Safety Market report discovers the possibility of the extraordinary market development in the regions of North America, Europe, and Southeast Asia as well as in the countries of China, Japan, and India. Currently, North America and Europe serve the maximum claim for the market and are anticipated to have the largest market share of the overall market during the forecast period

Several technologies have been used in order to implement more security for highways and bridges, urban roads and tunnels. These technological systems, services and solutions deployed include speed limit enforcement, red light enforcement, bus lane enforcement, incident detection and access control.

In the last segment of the report, the challenging scenario of the market has been presented. In this segment, the prominent competitors working in the various sectors of the Global Road Safety Market have been put forth. The demographic study contains parameters like age, gender, education, or income level aspects, to recognize what the target market looks like.

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Table of Contents:
Global Road Safety Market Research Report 2018-2023
Chapter 1: Road Safety Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Road Safety Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Road Safety Market Forecast

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