Road Safety Market Size Analysis, DROT, PEST, Porter’s, Region & Country Forecast Till 2027

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The increasing number of road accidents and increasing government initiatives are driving the demand of the market.

Emergen Research has published a research report on global Road Safety Market to offer comprehensive analysis of current and emerging market trends along with key developments in the industry. The report offers in-depth information about market share, market size, market revenue growth, drivers, restraints, growth opportunities and challenges. The report also provides insights on different segments such as product types, applications, regional bifurcation along with top companies. The report is curated using primary and secondary research which is thoroughly evaluated by experts in the industry and is well-presented using various pictorial presentations such as tables, diagrams, charts and figures. 

The increasing need for improvement in the road structure and public security is expected to drive the market for road safety over the forecast period. Stringent rules and regulations of the government regarding road safety are contributing to the growth of the road safety market. Increasing government initiatives for improving road safety solutions to reduce road fatalities, such as programs like smart mobility and adopting smart transportation, is a contributing factor to the growing demand for traffic safety solutions. 

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Top Companies Operating in the Road Safety Market and Profiled in the Report are:

SWARCO, REDFLEX HOLDINGS, SENSYS GATSO GROUP, JENOPTIK, IDEMIA, KAPSCH TRAFFICCOM, MOTOROLA SOLUTIONS, FLIR SYSTEMS, CUBIC CORPORATION, and SIEMENS, among others.

The report projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position.

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Emergen Research has segmented the global Road Safety Market on the basis of Solutions, Services, and region:

Solutions Outlook (Revenue, USD Billion; 2017-2027)

  • Incident Detection Response
  • Red Light Speed Enforcement
  • Automatic Number Plate Recognition (ANPR)/Automatic License Plate Recognition (ALPR)
  • Others

Services Outlook (Revenue, USD Billion; 2017-2027)

  • Managed Services
  • Professional Services (Support and maintenance, System Integration and deployment, Consulting and Training)  

The latest report on the global Road Safety market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Road Safety market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/road-safety-market

Road Safety Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Objectives of the Report:

  • Study of the global Road Safety market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Road Safety market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Road Safety market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Road Safety market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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