Road Safety Market is recording a CAGR of 10.6% during the forecast period

The road safety market crossed US$ 4.5 billion mark in 2022 and is expected to hit US$ 10.24 billion by 2030, recording a CAGR of 10.6% during the forecast period.

The report includes an executive summary, regional economic outlook, and summary sections which provide a consistent analysis of the Road Safety Market 2022 - 2030. in addition, the report within the market overview section outlines PLC analysis and PESTLE analysis to provide a thorough analysis of the market. The overview section details Porter's 5 forces analysis that helps to reveal a possible situation of the market by revealing a competitive situation with respect to the Road Safety Market.

Get a Sample Copy of Report, Click Here: https://www.businessmarketinsights.com/sample/BMIRE00025982?utm_source=OpenPr&utm_medium=10457

The Road Safety market following are the manufacturers cover -
• Axis Communications AB
• Cubic Corporation
• SGS SA
• SNC-Lavalin Group
• Teledyne Flir LLC
• Kapsch TrafficCom AG
• Sensys Gatso Group
• Siemens AG
• Hangzhou Hikvision Digital Technology Co., Ltd.
• Dahua Technology Co., Ltd.

The leading players of the Road Safety industry, their market share, product portfolio, company profiles are covered during this report. Key market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among Road Safety players will help the industry aspirants in planning their strategies. The statistics presented in this report are an accurate and helpful guide to shaping your business growth.

In this report, the road safety market has been segmented on the basis of:
Component:
o Solutions
 Red Light & Speed Enforcement
 Incident Detection & Response
 ANPR/ALPR
 Others
o Services
 Professional Services
 Managed Services
Region
o North America
o Europe
o Asia Pacific (APAC)
o South & Central America
o Middle East & Africa

Get Full Report: https://www.businessmarketinsights.com/reports/road-safety-market

Growing interest in smart cities and roadways is a major factor accelerating the road safety market growth.

The world is witnessing a boom in connected devices, and several countries are investing in developing smart cities. Smart cities are technologically advanced urban areas that employ a variety of sensors and electronic methods for gathering data and utilizing it for the betterment of the locality. Smart cities are designed with long-term plans for managing traffic by optimizing transportation logistics and reducing congestion. Hence, along with smart cities, countries are also investing in developing smart roadways to provide a safer vehicle commute. With the increasing adoption of AI (Artificial Intelligence), data from different vehicles can collaborate with data from the smart roadways, and meaningful insights can be obtained. Data from vehicles can be utilized to understand the congestion level at specific road sections, report untoward incidents and enhance road safety among others. Such trends are expected to promote road safety market growth.

Table of Contents: Road Safety Market 2022 - 2030
Chapter 1: Overview of Road Safety
Chapter 2: Regional Market Status and Forecast by Regions
Chapter 3: Regional Market Status and Forecast by Types
Chapter 4: Regional Market Status and Forecast by Downstream Industry
Chapter 5: Market driving correlational analysis
Chapter 6: Market competition status by major makers
Chapter 7: Major manufacturer's introduction and market data
Chapter 8: Upstream and downstream market analysis
Chapter 9: Cost and gross margin analysis
Chapter 10: Marketing status analysis
Chapter 11: Market report conclusion
Chapter 12: Research methodology and reference

Note: This report may be customized to suit your requirements. Get in touch with our sales team so you can get a report tailored to your needs.

Purchase a Copy of this Road Safety Market 2022 - 2030 research report at: https://www.businessmarketinsights.com/buy/single/BMIRE00025982?utm_source=OpenPr&utm_medium=10457

Contact Us:
If you have any questions about this report or would like further information, please contact us:
Contact person: Sameer Joshi
Email: sales@businessmarketinsights.com
Phone: +16467917070

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

This release was published on openPR.