Press release
Road Safety Market Size, Demand, Key Player, Share, Revenue and Forecast 2031 | Silicon Labs, Conduent, Dahua Technology
The global road safety market size was US$ 4.7 billion in 2021. The global road safety market size is estimated to reach US$ 13.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 12.5% during the forecast period from 2022 to 2030.Request To Download Sample of This Strategic Report :-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17143
Road safety management includes precautions and methods taken to stop major injury or death on highways. The common road users are cyclists, pedestrians, motorists, horse riders, motorists, and motorcyclists of on-road public transportation (primarily trams and trucks).
Factors Influencing Market Growth
The expansion of autonomous cars boosts the overall market growth.
Fast urbanization with an increasingly urban population, which reach out for more suitable management of traffic and transport protection, boosts the expansion of the global market.
There is an increasing demand for road safety due to government expenditures and ambitions to enhance road security management. Also, the substantial threat of identity theft and cyberattacks drives the overall market growth.
Effect of the COVID-19 Pandemic
The COVID-19 outbreak severely impacted the expansion of the global market. Moreover, traffic discharge improved in 2020 when lockdown restrictions were loosened. This year witnessed an upsurge in road deaths due to drivers involved in misconduct like surpassing speed limitations, ignoring wearing seat belts, and drinking alcohol. As a result, traffic control and safety agencies established a movement to decrease such mishappenings by investing in creative road protection standards all over the globe.
Regional Insights
North America is expected to record a significant global market share. Active promotion of government standards to reduce the events associated with traffic and road disasters has contributed to the expansion of the overall market. Also, large-scale acquisition infrastructure tasks along with ambitions to boost safety in mobility services are predicted to boost the overall market growth in the region.
Get a Sample PDF copy of the report :-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17143
Leading Competitors
The prominent players in the global road safety market are:
Silicon Labs
Conduent
Dahua Technology
Saferoad Group
Redflex Holdings
Sensys Gatso Group AB
Jenoptik
Kapsch TraficCom
Verra Mobility
Others
Segmentation Analysis
The global road safety market segmentation focuses on Offering, Type, and Region.
Segmentation on the basis of Offering
Solution
Services
o System Integration and Deployment
o Support and Maintenance
o Consulting and Training
Segmentation on the basis of Type
Enforcement Solution
o Red Light Enforcement
o Speed Enforcement
o Section Enforcement
o Bus Lane Enforcement
ALPR or ANPR
Incident Detection and Response
Railroad Crossing Safety
School Bus Stop -Arm Enforcement
Back Office Systems
Request Full Report :-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17143
Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Key questions answered in the global market report are:
-- How does a global company acquire markets?
-- What are its core strategies and policies?
-- What factors will influence the market over the forecast period?
-- What are the factors driving and restraining the market?
-- What are the leading competitors in the global market?
-- Which region is growing at a higher pace in the global market?
Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17143
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us:
Report Ocean:
Email:sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES Tel: +1 888 212 3539 (US - TOLL FREE)
Website:https://www.reportocean.com/
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 Road Safety Market Size, Demand, Key Player, Share, Revenue and Forecast 2031 | Silicon Labs, Conduent, Dahua Technology here
News-ID: 2951749 • Views: …
More Releases from Report Ocean

Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques fo …
The Japan Internet Advertising Market has demonstrated remarkable growth, reaching a valuation of USD 29.49 Billion in 2021. With the digital landscape continually evolving, it is forecasted to soar to an impressive USD 112.04 Billion by 2027. This surge represents an anticipated compound annual growth rate (CAGR) of 24.9% over the projected period, highlighting the dynamic and rapidly expanding nature of the digital advertising sector in Japan.
Internet Advertising are set…

Location Analytics Market Through the Looking Glass Techniques for a Profound Un …
This comprehensive market research report offers an in-depth analysis of the global location analytics market from 2019 to 2026. Valued at USD 10,813.6 million in 2019, the market is forecasted to surge to USD 29,878.5 million by 2026, demonstrating a robust Compound Annual Growth Rate (CAGR) of 15.6% throughout the projection period. This report delves into the key drivers, restraints, opportunities, and challenges that are shaping the market, providing stakeholders…

Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Obser …
The Global Affiliate Marketing Platform Market, valued at USD 19,217.4 million in 2021, is projected to witness significant growth over the next decade, reaching an estimated value of USD 36,902.1 million by 2030.
This report provides an in-depth analysis of the market dynamics, growth drivers, challenges, and opportunities that will influence the affiliate marketing landscape over the forecast period of 2021-2030. With a Compound Annual Growth Rate (CAGR) of 7.7%,…

Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
The global clear brine fluids market was valued at US$ 0.95 billion in 2021. It is anticipated to experience growth, reaching a valuation of US$ 1.39 billion by 2030. This growth trajectory translates to a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2022 to 2030. Clear brine fluids, crucial in the oil and gas industry for drilling and completion processes, are poised for increased demand,…
More Releases for Enforcement
Key Influencer in the Traffic Enforcement Camera Market 2025: Surge In Vehicle T …
How Are the key drivers contributing to the expansion of the traffic enforcement camera market?
The anticipated rise in vehicle travel volumes is projected to stimulate the expansion of the traffic enforcement camera market. Elements like population surge, urban expansion, and escalating demand for personal and corporate transportation are driving this increase in vehicle travel volumes. Moreover, economic development and the ease of travelling by road further enhance vehicle usage and…
Code Enforcement Software Market Size Analysis by Application, Type, and Region: …
USA, New Jersey- According to Market Research Intellect, the global Code Enforcement Software market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Code Enforcement Software market is witnessing significant growth as municipalities and government agencies increasingly adopt digital solutions to streamline enforcement processes. These software…
Prominent Law Enforcement Software Market Trend for 2025: Technological Advancem …
Which drivers are expected to have the greatest impact on the over the law enforcement software market's growth?
The rise in ransomware attacks is set to fuel the expansion of the law enforcement software market. This type of cyber-attack involves encrypting the victim's confidential data and holding it ransom, requiring the user to pay a sum before it's released. Numerous law enforcement and government bodies have been impacted by these attacks,…
Law Enforcement Leaders Briefed on Patrolfinder
Schenectady, NY - Oct. 16, 2023 - Law enforcement officials from more than a dozen agencies in Northeastern New York saw firsthand how Patrolfinder, the robust policing software developed by Transfinder, would help their departments become more efficient and increase the safety of their officers and communities.
During the Northeastern Chiefs of Police Conference on Oct. 4 in Scotia, New York, Transfinder President and CEO Antonio Civitella and Clinton Smith,…
Law Enforcement and Firefighting Protective Clothing Fabrics
The global law enforcement and firefighting protective clothing fabrics market in 2015 experienced the leadership of players such as TenCate, Milliken & Company, W.L. Gore and Associates, and National Safety Apparel. Their total share of around 35% of the global market shows a great deal of prominent for these players despite being a part of a highly fragmented market.
According to a research report released by Transparency Market Research, the degree…
ESOS Enforcement Update from the Environment Agency
Up to 1,700 organisations are being investigated by regulators of the Energy Savings Opportunity Scheme (ESOS), it has been revealed.
The Environment Agency says the organisations are being investigated because regulators believe they “may have been” required to participate in the scheme but failed to make a submission before the final deadline.
ESOS is a mandatory requirement for all large enterprises in the UK. If a qualifying organisation doesn’t meet the deadline,…