openPR Logo
Press release

Global Road Safety Market Forecast to 2024 by Valuates Reports

07-26-2019 11:47 AM CET | Tourism, Cars, Traffic

Press release from: Valuates Reports

Global Road Safety Market Forecast to 2024 by Valuates Reports

The global road safety market revenue is expected to reach $7.01 billion by 2024, growing at a CAGR of around 17.16% during the forecast period. The market is experiencing growth due to the increasing mobility and rise in the number of vehicles on the road. In addition, the construction of safer roads, development of infrastructure for the safety of pedestrians & cyclists, and the adoption of safer riding measures will further reduce injuries and contribute to the safety among the population.

View full Report: https://reports.valuates.com/sreport/INFO-Othe-435/Global%20Road%20Safety%20Market
Overview:

Road safety can be defined as a measure taken to prevent incidents on the road that could elevate the danger for road users as well as critical infrastructure along the way. Thus, technologies that enhance road safety are crucial for government bodies, taking into consideration the “cost-of-loss” resulting from the loss of life and/or infrastructural damages. Additionally, the time lost to traffic congestions due to such incidents further aggravates the concerns for civil authorities and road users alike.

Strict rules & regulations have been implemented across various cities to ensure smooth flow of traffic. Consequently, various technology vendors have been able to leverage their capabilities to enhance road safety by implementing technologies such as real-time traffic monitoring with sensors to detect speed violations, in-vehicle driver assistance, and incident detection systems in case of emergency/road accidents.
The availability of innovative technologies, including driver assistance, V2V communication, incident detection and response, and automatic number plate recognition systems, has bolstered the overall road safety ingenuities across smart city initiatives shaping up globally; thus, resulting in a huge window of opportunity for the key players in the market.

Market Segmentation Analysis:

The report provides insights about major technology trends, supporting solutions & services, and application areas that govern road safety globally. The evaluation is backed with quantitative and qualitative analysis, historical data, and other supportable projections about the market size. The projections featured in the report have been derived using proven research methodologies and assumptions based on vendor assessments from annual reports, whitepapers, press releases, and investor presentations along with end-user analysis for case studies. Thus, the research report serves every side of the market and is segmented based on regional markets, types, applications, and end-users.

Get a Free Sample Page: https://reports.valuates.com/request/sample/INFO-Othe-435/Global_Road_Safety_Market

Regional Analysis

The Americas is expected to dominate the market, with US and Canada being the forefront adopters of technologies with better test facilities and rapid implementations backed with sufficient funding to implement infrastructural projects quickly compared to other regions. The EMEA region is next to the Americas with the presence of a large number of equipment manufacturers and solution providers.
The countries covered in the report are Canada, Mexico, UK, France, US, Germany, India, China, and Japan. Among these, Japan, US, and China are expected to grow at a high rate during the forecast period owing to an increase in the penetration rate of connected devices and growing adoption of cloud computing.

Competitive Analysis:

The report contains an in-depth analysis of the vendor profiles, which include financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape. The key players operating in the road safety market include Motorola Solutions, American Traffic Solutions, Rad Data Communication, Jenoptik, Kapsch AG, Swarco AG, Redflex, Thales, Tyco, Alcatel-Lucent, and Siemens AG. The vendors have been identified based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D.

The report covers and analyzes the global road safety market. Various strategies such as joint ventures, partnerships, collaborations, and contracts have been considered. In addition, partnerships are expected to increase as customers are in search of better solutions. It is likely that the number of mergers, acquisitions, and strategic partnerships will increase as well during the forecast period.
The report includes complete insights of the industry and aims to provide an opportunity for the emerging and established players to understand the market trends, current scenario, initiatives taken by the government, and the latest technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and take informed decisions.

Benefits
The report provides an in-depth analysis of the global road safety market with an aim to reduce time to market for products and services, reduce operational cost, improve accuracy, and operational performance. The report covers types, applications, and regions. Further, the report provides details about the major challenges impacting the market growth.

Inquire for Discount: https://reports.valuates.com/request/discount/INFO-Othe-435/Global_Road_Safety_Market

Valuates is curating premium Market Research Reports from the leading publishers around the globe. We will help you map your information needs to our report repository of Market research reports and guide you through your purchasing decision. We are based out of silicon valley of India (Bengaluru) and provide 24/7 online and offline support to all our customers and just a phone call away.

Valuates Reports
sales@valuates.com
For U.S. Toll Free Call +1 (425) 388-2538
For IST Call +91-8040957137
Source: Valuates Reports

Follow us :

Linkedin: www.linkedin.com/company/valuatesreports
Facebook: www.facebook.com/valuatesreports

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Road Safety Market Forecast to 2024 by Valuates Reports here

News-ID: 1812412 • Views: 160

More Releases from Valuates Reports

Taiwanese Semiconductor Manufacturing Industry 2019
The report finds that the Taiwanese semiconductor manufacturing industry, comprising mainly of foundry, DRAM, flash memory, and IDM sectors, continued to decline both sequentially and year-on-year in the first quarter of 2019, traditionally a weak sales season. In the second quarter, the industry and double-digit year-on-year decline has continued from the first quarter as the inventory level of brands remains high and Huawei faces a growing backlash from Western countries,
Global Hometech Textiles Market Report 2019 By Valuates Reports
Global Hometech Textiles Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Hometech Textiles industry. Textiles used in a domestic environment - interior decoration and furniture, carpeting, protection against the sun, cushion materials, fireproofing, pillows, floor and wall coverings, textile reinforced structures/fittings. In the contract market such as for large area buildings, ships, caravans, busses, fire
Global Cassava Market Report 2019 By Valuates Reports
Global Cassava Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Cassava industry. Manihot esculenta, commonly called cassava, manioc, yuca, macaxeira, mandioca and aipim is a woody shrub native to South America of the spurge family, Euphorbiaceae. Although a perennial plant, cassava is extensively cultivated as an annual crop in tropical and subtropical regions for its
Global Medical Tourism Market Report 2019 By Valuates Reports
Global Medical Tourism Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Medical Tourism industry. Medical tourism refers to people traveling abroad to obtain medical treatment. In the past, this usually referred to those who traveled from less-developed countries to major medical centers in highly developed countries for treatment unavailable at home. However, in recent

All 5 Releases


More Releases for Road

Dartford Road Dental Centre
Dartford Road Dental Centre – dentist in Dartford Dartford Road Dental Centre is a dentist in the heart of Dartford and provides great dental care to patients from Dartford and the surrounding area. The dental practice opened in the 1980s and prides itself on providing award-winning dental care at affordable prices. The aim of Dartford Road Dental Centre is to provide good quality, up to date dental care in a caring and
Off-road Vehicles Market
Off-road vehicles are vehicles, which run on and off the road surface, usually over rough terrain. These vehicles are categorised on the basis of specifications of tyre and suspension. Factors such as high ground clearance, skid plates, approach departure, and breakover allows these vehicles to ply on unpaved roads with low and rough traction surfaces. It includes both two-wheelers and four-wheelers such as SUVs. Major factor driving growth of the market
Nineteen Church Road
Nineteen Church Road is a dentist in Hoveton in Norfolk. Everyone at the practice is dedicated to providing the very best in dental healthcare for all the family. They believe that each person is a unique and special individual who deserves the very best treatment, and they are committed to giving you just that. The dental practice in Hoveton offers dental implants, sedation, smile makeovers and dentures. In addition to cosmetic dentistry
Road Safety Market
Numerous systems, devices, and technologies are leveraged to ensure safety on highways, bridges, tunnels, and urban roads. Together they constitute the global road safety market, which at present is characterized by the presence of many players both from the private and public sectors. As a result, the competitive landscape is fragmented. Depending upon the different solutions for road safety available, the global market can be classified into automatic license plate
The Road to Co-operation
Gordon Pearson offers this critical and informed protest against the absurdity and error of economic theory, shedding new light on the predicament faced in 2012. He highlights the dangers of using bizarre mathematical models to guide policy prescriptions, arguing that the global challenges of growth and sustainability affect free market fundamentalist orthodoxy, causing a negative impact on enterprises, their governance and their stakeholders. His proposed realistic changes in policy and
Calendar Silk Road 2009
Under the title „Silk Road 2009 “has just published the calendar of the German globetrotter Jan Balster. The calendar: Samarkand and Buchara - names from 1001 nights, grand architecture of a century-old history Central-Asia. An expedition through the northern countries Central-Asia between Uzbekistan to China. The observer succumbs to the fascination of outstanding photographies that is sedate in scene optimally. Each leaf of the calendar is printed on both sides, a photography