12-11-2018 09:46 AM CET - Advertising, Media Consulting, Marketing Research
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Road Safety Market to Witness Huge Growth by 2026 Players evolve: Jenoptik, Kapsch AG, Sensys Gatso Group AB, American Traffic Solutions

Press release from: HTF Market Intelligence Consulting Pvt. Ltd.
Road Safety
Road Safety


HTF Market Intelligence released a new research report of 187 pages on title 'Global Road Safety Market Companies Profiles, Size, Share, Growth, Trends and Forecast to 2026' with detailed analysis, forecast and strategies. The study covers important players such as Jenoptik, Kapsch AG, Sensys Gatso Group AB, American Traffic Solutions, 3M, Redflex Traffic Systems, FLIR SYSTEMS, Motorola Solutions, Idemia etc

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Global road safety market is expected to reach a CAGR of 10.6% in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
Market Segmentation
By Solution (Red Light Enforcement, Speed Enforcement, Incident Detection System, Bus Lane Compliance, Automated Solutions (E-Gates and Automatic License Plate Recognition), Process Violations, Passenger Data Processing, Semi-Automated Solutions, and Others), Service (Professional (Consulting and System Integration, Training, Support, and Maintenance, and Risk Assessment and Analysis) and Managed), Geography (North America, Asia-Pacific, Europe, South America, Middle East and Africa)
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Major growing sectors under the market segmentation are as follows:

• In solution, the wide adoption of red light enforcement solution across the world has made the segment the highest revenue generation segment. The road safety is increasingly taken care by the government by enforcing red light traffic solutions, which has resulted in increased safety of the people in urban areas specifically.

• In service, the organizations in the world are relying heavily on the IT infrastructure for smooth flow of business operations. This has raised the adoption of managed services in the road safety market, and hence growing at the fastest CAGR by 2026.

The key market players for global road safety market are listed below:

• Jenoptik
• Kapsch AG
• Sensys Gatso Group AB
• American Traffic Solutions
• 3M
• Redflex Traffic Systems, INC.
• FLIR SYSTEMS, INC.
• Motorola Solutions, INC.
• Idemia
• Huawei Technologies Co., Ltd.
• Information Engineering Group Inc.
• Swarco AG
• Conduent, INC.
• Saferoad Holding ASA

By Solution (Red Light Enforcement, Speed Enforcement, Incident Detection System, Bus Lane Compliance, Automated Solutions, Process Violations, Passenger Data Processing, Semi-Automated Solutions, and Others), Service (Professional and Managed ), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Market Definition
Road safety solutions are implemented by the authorities preventing the road users from getting injured or slaughtered. The implementation of road safety methods, such as red light enforcement, incident detection system, and others ensures reduced traffic deaths and increases the overall safety of the road users. After witnessing a lot of road traffic deaths due to accidents, breaking the red lights, over speeding among others, a lot of nations have regulated the road safety policies minimizing the risk of certain mishaps. Global road safety market is expected to register a CAGR of 10.6% in the forecast period of 2019 to 2026.
Market Segmentation
The global road safety market is segmented into two notable segments which include solution and service.
On the basis of solution, the market is segmented into nine solutions, including red light enforcement, speed enforcement, incident detection system, bus lane compliance, automated solutions, process violations, passenger data processing, semi-automated solutions, and others. Automated solutions are further classified into E-gates and automatic license plate recognition. Bus lane compliance solution is likely to grow at a very robust rate in coming years as most of the manufacturers are coming up with the solutions. LaneClear automated bus lane compliance solution offered by American Traffic Solutions ensures vehicles to travel in a designated lane, so as to avoid further mishaps.
On the basis of service, the market is segmented into professional and managed. Professional service is further categorized into consulting and system integration, training, support, and maintenance, and risk assessment and analysis.
Market Players
Some of the major players operating in this market include Jenoptik, Kapsch AG, Sensys Gatso Group AB, American Traffic Solutions, 3M, Redflex Traffic Systems, INC., FLIR SYSTEMS, INC., Motorola Solutions, INC., Idemia, Huawei Technologies Co., Ltd., Information Engineering Group Inc. Swarco AG, Conduent, INC., and Saferoad Holding ASA.

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TABLE OF CONTENTS
1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKET DEFINITION 17
1.3 OVERVIEW OF GLOBAL ROAD SAFETY MARKET 17
1.4 CURRENCY AND PRICING 18
1.5 LIMITATION 18
1.6 MARKETS COVERED 18
2 MARKET SEGMENTATION 20
2.1 MARKETS COVERED 20
2.2 GEOGRAPHIC SCOPE 21
2.3 YEARS CONSIDERED FOR THE STUDY 22
2.4 CURRENCY AND PRICING 22
2.5 RESEARCH METHODOLOGY 23
2.6 MARKET TIME LINE 26
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 27
2.8 DBMR MARKET POSITION GRID 28
2.9 DBMR MARKET CHALLENGE MATRIX 29
2.10 MULTIVARIATE MODELLING 30
2.11 SECONDARY SOURCES 31
2.12 ASSUMPTIONS 31
3 MARKET OVERVIEW 32
3.1 DRIVERS 34
3.1.1 RAPIDLY INCREASING URBANIZATION 34
3.1.2 INCREASE IN TRANSPORTATION INDUSTRY RESULTING IN NEED FOR EFFICIENT TRANSPORTATION SYSTEMS 34
3.1.3 GROWING CONSUMER DEMAND FOR AUTOMOBILE AND GOVERNMENT REGULATIONS TOWARDS ROAD SAFETY 35
3.1.4 UPSURGE IN ROAD ACCIDENTS AND FATALITIES 35
3.2 RESTRAINTS 36
3.2.1 DEARTH OF SUFFICIENT FUNDING IN DEVELOPING ECONOMIES 36
3.2.2 LACK OF UNIFORM TECHNOLOGIES 37
3.3 OPPORTUNITY 37
3.3.1 EVOLUTION OF PUBLIC-PRIVATE PARTNERSHIP (PPP) 37
3.4 CHALLENGE 38
3.4.1 GROWING CONCERN TOWARDS PROTECTING VEHICLE INFORMATION 38
4 EXECUTIVE SUMMARY 39
5 PREMIUM INSIGHTS 42
6 GLOBAL ROAD SAFETY MARKET, BY SOLUTION 44
6.1 OVERVIEW 45
6.2 RED LIGHT ENFORECEMENT 47
6.3 SPEED ENFORECEMENT 47
6.4 INCIDENT DETECTION SYSTEM 48
6.5 BUS LANE COMPLIANCE 48
6.6 AUTOMATED SOLUTIONS 49
6.7 PROCESS VIOLATIONS 49
6.8 PASSENGER DATA PROCESSING 50
6.9 SEMI-AUTOMATED SOLUTIONS 50
6.10 OTHER SOLUTIONS 51
7 GLOBAL ROAD SAFETY MARKET, BY SERVICE 52
7.1 OVERVIEW 53
7.2 PROFESSIONAL 55
7.3 MANAGED 55
8 GLOBAL ROAD SAFETY MARKET, BY GEOGRAPHY 56
8.1 OVERVIEW 57
8.2 NORTH AMERICA 62
8.2.1 U.S. 67
8.2.2 CANADA 69
8.2.3 MEXICO 71
8.3 EUROPE 73
8.3.1 GERMANY 78
8.3.2 FRANCE 80
8.3.3 U.K. 82
8.3.4 ITALY 84
8.3.5 SPAIN 86
8.3.6 RUSSIA 88
8.3.7 TURKEY 90
8.3.8 BELGIUM 92
8.3.9 NETHERLANDS 94
8.3.10 SWITZERLAND 96
8.3.11 REST OF EUROPE 98

8.4 ASIA-PACIFIC 99
8.4.1 JAPAN 104
8.4.2 CHINA 106
8.4.3 SOUTH KOREA 108
8.4.4 INDIA 110
8.4.5 AUSTRALIA 112
8.4.6 SINGAPORE 114
8.4.7 THAILAND 116
8.4.8 MALAYSIA 118
8.4.9 INDONESIA 120
8.4.10 PHILIPPINES 122
8.4.11 REST OF ASIA-PACIFIC 124
8.5 SOUTH AMERICA 125
8.5.1 BRAZIL 130
8.5.2 REST OF SOUTH AMERICA 132
8.6 MIDDLE EAST AND AFRICA 133
8.6.1 SOUTH AFRICA 138
8.6.2 REST OF MIDDLE EAST AND AFRICA 140
9 GLOBAL ROAD SAFETY MARKET, COMPANY LANDSCAPE 141
9.1 COMPANY SHARE ANALYSIS: GLOBAL 141
9.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 142
9.3 COMPANY SHARE ANALYSIS: EUROPE 143
9.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 144
10 COMPANY PROFILES 145
10.1 REDFLEX HOLDINGS 145
10.1.1 COMPANY SNAPSHOT 145
10.1.2 REVENUE ANALYSIS 145
10.1.3 PRODUCT PORTFOLIO 146
10.1.4 RECENT DEVELOPMENT 147
10.2 JENOPTIK 148
10.2.1 COMPANY SNAPSHOT 148
10.2.2 REVENUE ANALYSIS 148
10.2.3 PRODUCT PORTFOLIO 149
10.2.4 RECENT DEVELOPMENT 153
10.3 FLIR SYSTEMS, INC 154
10.3.1 COMPANY SNAPSHOT 154
10.3.2 REVENUE ANALYSIS 154
10.3.3 PRODUCT PORTFOLIO 155
10.3.4 RECENT DEVELOPMENT 157
10.4 3M 158
10.4.1 COMPANY SNAPSHOT 158
10.4.2 REVENUE ANALYSIS 158
10.4.3 PRODUCT PORTFOLIO 159
10.4.4 RECENT DEVELOPMENT 162
10.5 KAPSCH TRAFFICCOM U.S. CORP (2018) 163
10.5.1 COMPANY SNAPSHOT 163
10.5.2 REVENUE ANALYSIS 163
10.5.3 PRODUCT PORTFOLIO 164
10.5.4 RECENT DEVELOPMENT 165
10.6 SENSYS GATSO GROUP AB 166
10.6.1 COMPANY SNAPSHOT 166
10.6.2 REVENUE ANALYSIS 166
10.6.3 PRODUCT PORTFOLIO 167
10.6.4 RECENT DEVELOPMENT 168
10.7 AMERICAN TRAFFIC SOLUTIONS 169
10.7.1 COMPANY SNAPSHOT 169
10.7.2 PRODUCT PORTFOLIO 169
10.7.3 RECENT DEVELOPMENT 170
10.8 IDEMIA 171
10.8.1 COMPANY SNAPSHOT 171
10.8.2 GEOGRAPHICAL PRESENCE 171
10.8.3 PRODUCT PORTFOLIO 172
10.8.4 RECENT DEVELOPMENT 172
10.9 MOTOROLA SOLUTIONS, INC. 173
10.9.1 COMPANY SNAPSHOT 173
10.9.2 REVENUE ANALYSIS 173
10.9.3 PRODUCT PORTFOLIO 174
10.9.4 RECENT DEVELOPMENT 174
10.10 SWARCO AG 175
10.10.1 1.1.2 COMPANY SNAPSHOT 175
10.10.2 GEOGRAPHICAL PRESENCE 175
10.10.3 PRODUCT PORTFOLIO 176
10.10.4 RECENT DEVELOPMENT 177
10.11 HUAWEI TECHNOLOGIES CO., LTD. 178
10.11.1 COMPANY SNAPSHOT 178
10.11.2 REVENUE ANALYSIS 178
10.11.3 PRODUCT PORTFOLIO 179
10.11.4 RECENT DEVELOPMENT 179
10.12 SAFEROAD HOLDING ASA 180
10.12

....Continued

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