openPR Logo
Press release

Road Safety Market size is expected to reach $9.27 Bn by 2030, as per Maximize Market research

Road Safety Market

Road Safety Market

Road Safety Market size was valued at USD 4.09 Bn. in 2023 and the total Road Safety revenue is expected to grow by 12.4 % from 2024 to 2030, reaching nearly USD 9.27 Bn.

Road Safety Market Overview

The road safety market focuses on reducing traffic accidents and protecting all road users, including pedestrians and various types of vehicles. As accidents and fatalities increase, governments and organizations are implementing new safety initiatives, boosting the demand for advanced road safety solutions. Technologies like Advanced Driver Assistance Systems (ADAS) and automated vehicles are driving market growth, while investments in infrastructure and safety products further enhance development.

Request Sample Copy of this Report : https://www.maximizemarketresearch.com/request-sample/114563/

Road Safety Market drivers

The increased road fatalities and accidents, and the urgency to address this public health crisis fuels the road safety market growth. Governmental investments in road safety programs create a demand for solutions. Advanced Driver-Assistance Systems (ADAS) and technologies like automatic braking and lane departure warnings improve safety and also drive the market growth.

Road Safety Market restraints and challenges

Poor infrastructure for road, unclear signage, and lacking emergency facilities hinders safety efforts. The limited technological adoption in road safety and lack of funds for infrastructure development and maintenance are major restraints in the road safety market growth.

Access the Full Report Here: https://www.maximizemarketresearch.com/market-report/global-road-safety-market/114563/

Road Safety Market opportunities

Development of more sophisticated ADAS features with automated intervention capabilities holds immense promise. Leveraging data analytics for real-time monitoring and risk assessment can improve preventive measures. Sharing best practices and technology between countries can accelerate progress. Also the investment in infrastructure improvement are few of the opportunities in the road safety market's growth.

Road Safety Market regional analysis

North America Leads the Road Safety Market, the early adoption of technology, strong startups, and high demand for solutions characterize this region's growth spur. The high number of fatalities in the US has prompted the government into action. The similar initiatives are seen across Europe, Asia, and Latin America indicating a broader market growth.

Download Full PDF Sample Copy of Reseach Report : https://www.maximizemarketresearch.com/request-sample/114563/

Recent News about Road Safety market
21/10/2024 Crossbeats Launched DC03 4K Dashcam To Boost Road Safety In India
1/7/2024 Press Release | Hit the road safely with the United Nations-JCDecaux Global Road Safety Campaign
2/7/2024 UN launches global road safety campaign in US with goal of halving the number of victims by 2030
21/7/2024 Viet Nam's new road safety laws to reduce road traffic deaths among children
29/2/2024 World's first global technical advisory group on motorcycle safety convened by WHO

Road Safety Market Segmentation
by Solution

Red Light & Speed Enforcement
ANPR/ALPR
Incident Detection & Response
Others

by services

Professional services
Managed services

by Type

ENFORCEMENT SOLUTION
Red Light Enforcement
Speed Enforcement
Section Enforcement
Bus Lane Enforcement
ALPR or ANPR
INCIDENT DETECTION AND RESPONSE
RAILROAD CROSSING SAFETY
SCHOOL BUS STOP -ARM ENFORCEMENT
BACK OFFICE SYSTEMS

To Gain More Insights about this Research, Visit : https://www.maximizemarketresearch.com/request-sample/114563/

Road Safety Market Key Players

1. Sensys Gatso Group
2. Redflex Holdings
3. Verra Mobility
4. IDEMIA
5. FLIR Systems
6. Motorola Solutions
7. SWARCO
8. Information Engineering Group Inc.
9. Cubic Corporation
10. Siemens
11. Conduent
12. VITRONIC
13. Kria
14. Laser Technology
15. Optotraffic
16. Syntell
17. Traffic Management Technologies
18. AABMATICA
19. Clearview Intelligence
20. Dahua Technology
21. Truvelo
22. Trifoil
23. Continental AG

Key questions answered in the Road Safety Market are:

• What segments are covered in the Global Road Safety Market report?
• Which region is expected to hold the highest share in the Global Road Safety Market?
• What is the market size of the Global Road Safety Market by 2030?
• What is the forecast period for the Global Road Safety Market?

Key Offerings:

• Past Road Safety Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Road Safety Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o § Competitive landscape - Road Safety Market Leaders, Market Followers, Regional player
o § Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

Maximize has also published reports on

The Tamping Rammer Machine Market size was valued at USD 481.8 million in 2023 and is expected to reach USD 696.5 million by 2030, at a CAGR of 5.41%.

Tamping Rammer Machine Market : https://www.maximizemarketresearch.com/market-report/tamping-rammer-machine-market/264547/

The Asphalt Bitumen for Road Construction Market size was worth US$ 186.00 Million in 2023 and is expected to grow at a CAGR of 4.73% to an estimated revenue of US$ 257.04 Million by 2030.

Asphalt Bitumen for Road Construction Market : https://www.maximizemarketresearch.com/market-report/asphalt-bitumen-for-road-construction-market/194744/

Railroads Market size was valued at US$ 623.83 Bn. in 2023 and the total revenue is expected to grow at 10 % through 2024 to 2030, Railroads Market is reaching nearly US$ 1215.67 Bn. by 2030.

Railroads Market : https://www.maximizemarketresearch.com/market-report/global-railroads-market/117988/

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com

🌐 www.maximizemarketresearch.com

About Maximize

Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.

Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.

Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.

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 is expected to reach $9.27 Bn by 2030, as per Maximize Market research here

News-ID: 3706641 • Views:

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

Ultrafiltered Milk Market Valued at USD 8.36 Billion in 2024, Anticipated to Grow at 4.6% CAGR Through 2032
Ultrafiltered Milk Market Valued at USD 8.36 Billion in 2024, Anticipated to Gro …
The Ultrafiltered Milk Market size was valued at USD 8.36 Billion in 2024 and the total Ultrafiltered Milk revenue is expected to grow at a CAGR of 4.6% from 2025 to 2032, reaching nearly USD 11.99 Billion. Ultrafiltered Milk Market Overview: Ultrafiltered milk is gaining increasing attention in the dairy and functional food sectors thanks to its enhanced nutritional profile. Through a specialized membrane filtration process, ultrafiltration concentrates higher-molecular weight components
Bath Towel Market to Grow from USD 10.46 Billion by 2032 at a CAGR of 6.7 %
Bath Towel Market to Grow from USD 10.46 Billion by 2032 at a CAGR of 6.7 %
The Bath Towel Market size reached USD 6.23 Bn in 2024 and is expected to reach USD 10.46 Bn by 2032, growing at a CAGR of 6.7 % during the forecast period. Bath Towel Market Overview: The bath towel industry is witnessing steady expansion, fueled by consumers' increasing focus on hygiene, comfort, and home aesthetics. High demand for plush, absorbent towels made of luxury materials such as Egyptian cotton, Turkish cotton,
Carob Market to Reach USD 374.76 Million by 2032 Growing at a 5.3% CAGR
Carob Market to Reach USD 374.76 Million by 2032 Growing at a 5.3% CAGR
The global Carob Market was valued at USD 247.92 million in 2024 and is projected to reach USD 374.76 million by 2032, expanding at a compound annual growth rate (CAGR) of 5.3% during the forecast period from 2025 to 2032. Carob Market Overview: The carob market is experiencing significant growth, driven by its increasing popularity as a natural sweetener and plant-based alternative to chocolate. Derived from the seed pods of the carob
Welding Electrode Market Expected To Reach USD 11.27 Bn by 2032
Welding Electrode Market Expected To Reach USD 11.27 Bn by 2032
The Welding Electrode Market size was valued at USD 5.70 Billion in 2024 and the total Welding Electrode revenue is expected to grow at a CAGR of 8.9 % from 2025 to 2032, reaching nearly USD 11.27 Billion. Welding Electrode Market Overview: The Welding Electrode Market is evolving as a critical segment within the global manufacturing and construction industries. Welding electrodes are essential consumables that enable reliable and efficient joining of

All 5 Releases


More Releases for Road

Road Marking Equipment Market Driving Innovation in Road Construction and Mainte …
The worldwide Road Marking Equipment market was valued at US$ 1.21 Bn in 2022 and is expected to grow by a CAGR of 6.0% by 2033 due to increased investments in road infrastructure developments. Road markings are an important aspect of road safety and maintenance because they assist cars and pedestrians travel more safely. As a result, the growing need for road safety and maintenance is likely to boost the
The Best Road Tripper Cars: Road Performance, Durability, and Comfort
Traveling in a car comes with a freedom that cannot be beat, with a chance to go anywhere at your will. For a weekend trip, a cross-country drive, or even a daily commute, having the proper car can make a significant difference. For long trips, comfort, efficiency, reliability, and enough cargo room make for an ideal car. In this article, we will go over the best cars for long trips
GWM Off-Road Family: Off-road Tech Dominating the Desert
October 4, 2024 -Great Wall Motor (GWM) once again showcases its prowess in the off-road realm at the Alxa Hero Festival, joining forces with off-road enthusiasts worldwide for an exhilarating celebration of technology and culture. This year, the highlight of the Dream Desert Park's T3 track is undeniably the GWM Off-Road Team, featuring a total of 108 vehicles across 36 groups, ready to take on the challenge. As a leader in
Off-Road Adventures : Exploring the Off-Road Vehicle Market 2021-2030
According to a recent report published by Allied Market Research, titled, "Off-Road Vehicle Market Size, Share, Competitive Landscape and Trend Analysis Report by Displacement, Vehicle Type, End Use Vertical : Global Opportunity Analysis and Industry Forecast, 2021-2030." The global off-road vehicle market was valued at $12,365.18 million in 2020, and is projected to reach $22,618.45 million by 2030, registering a CAGR of 7.3%. North America was the highest revenue contributor,
Vehicle Road Sign Assist Market Trends 2024: Enhancing Road Safety with AI
The Business Research Company has released its latest global market reports, covering insights for 2024 and offering projections up to 2033. The Business Research Company presents an extensive market research report on the Vehicle Road Sign Assist Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments. Furthermore, the report highlights on emerging trends, significant drivers, challenges,
Road Roller Market by Product Type (Static Road Roller, Tire Road Roller, Single …
A road roller, also known as roller-compactor or roller is a compactor type engineering vehicle, which is used to compact soil, gravel, concrete, or asphalt in construction of roads and foundations. In addition, road rollers are also used at landfills and in agriculture. The rolling process ensures that foundations are compacted thoroughly so the materials are compact, and do not come loose. Rollers are equipped with basic features such as