Road Safety Market Future Growth , Overview Analysis By Top Leading Players | Kapsch TrafficCom, Sensys Gatso Group, Redflex Holdings, Verra Mobility

Road safety involves products and services introduced to prevent or in the least cases reduce risk of accidents, maintain traffic discipline, control and curb wayward vehicular movement and ensure safety of commuters. Traffic safety includes median barrier, crash cushions, guardrail, and end treatments, truck escape ramps and breakaway supports for signs and light standards. Growing need for road safety of commuters, need for reducing congestion on the road, new infrastructural development are some of factors which are driving the demand for the road safety market. The need to manage growing number of vehicles and control adverse effects of the same on social costs and productivity, the need for road safety solutions and services is growing.

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Subsequent increase in the number of passengers, traffic and congestion on the road is estimated to be an influencing factor for the industry. 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. Safety measures for highways and bridges are anticipated to grow at a faster pace over the forecast period in comparison to the urban roads and tunnels.

Based on the type of service, the global road safety market can be segmented again into professional services and management services. Professional services is comprised of training, support, and maintenance, consulting and system integration, and risk assessment and analysis. Of these, the consulting and system integration services is forecasted to gain the most in the near future and also account for maximum market share.

Road Safety Key market players profiled in this report include :
Jenoptik, Kapsch TrafficCom, Sensys Gatso Group, Redflex Holdings, Verra Mobility, IDEMIA, FLIR Systems, Motorola Solutions, SWARCO, Information Engineering Group, Cubic Corporation, Siemens, Conduent, VITRONIC, Kria, Laser Technology, Optotraffic, Syntell, Traffic Management Technologies Ltd. (South Africa), AABMATICA, Clearview Intelligence, Dahua Technology, Truvelo, and Trifoil.

Road Safety Market Segment by Type :
Red Light Enforcement
Speed Enforcement
Incident Detection System
Bus Lane Compliance
Others

Road Safety Market Segment by Applications :
Bridges
Highways
Tunnels
Urban Roads
Others

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