Road Safety Market Share and Forecasts 2020 – 2027Posted by Robert on September 6th, 2021 The research study sheds light on the key growth opportunities and market trends along with other vital market dynamics, including the drivers and restraints on the industry growth. With this report, the prospective buyers can be sure to become capable of adapting to the changes in the Road Safety industry. The North American segment is estimated to contribute over 38 percent to the market’s incremental growth. The countries in the region are concentrating on developing their chemical infrastructure. Furthermore, the region also consists of several leading oil-producing companies such as the US, Mexico, and Venezuela. Key Highlights From The Report In April 2019, Redflex Holdings, an innovative global technology company, which designs and creates solutions that enable smarter cities, announced the launch of Halo Edge. The Halo Edge is the next generation (deep learning-based algorithms) intelligent ANPR camera solution that delivers Clean Air or low emissions zones detection. The Red Light & Speed Enforcement segment held the largest market share of 51.2% in 2019. The increasing need to reduce the number of collisions and right-angle crashes has increased the adoption of the Red Light & Speed Enforcement. Professional services are forecasted to grow with the fastest CAGR of 9.6% over the forecast period. The increasing need for the improvement of operational efficiency, wise financial management, and business productivity are driving the growth of the professional services in the road safety market over the forecast period. The Asia Pacific region is expected to be the fastest-growing region over the forecast period. Adoption of advanced technologies, such as the Internet of Things (IoT) and data analytics solution in the transportation system has driven the growth of road safety solutions in the region. Key participants include SWARCO, REDFLEX HOLDINGS, SENSYS GATSO GROUP, JENOPTIK, IDEMIA, KAPSCH TRAFFICCOM, MOTOROLA SOLUTIONS, FLIR SYSTEMS, CUBIC CORPORATION, and SIEMENS, among others. 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) Regional Outlook (Revenue, USD Billion; 2017-2027) North America Europe Asia Pacific Latin America MEA All of the segments studied in the research study are analyzed on the basis of BPS, market share, revenue, and other important factors. Our research study shows how different segments are contributing to the growth of the global Road Safety market. It also provides information on key trends related to the segments included in the report. This helps market players to concentrate on high-growth areas of the global Road Safety market. The research study also offers separate analysis on the segments on the basis of absolute dollar opportunity. Report Objectives Examine the size of the global Road Safety market based on the parameters of value and volume. Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Road Safety market. Explore the underlying dynamics of the global Road Safety market. Highlight significant trends of the global Road Safety market based on factors including, production, revenue, and sales. Extensively profile top players of the global Road Safety market and showing how they compete in the industry. Study manufacturing processes and the costs, product pricing, and various trends associated with them. Analyze the performance of different regions and countries in the global Road Safety market. Forecast the market size and share of all segments and regions in the global landscape. Key questions answered in the report What will be the market size in terms of value and volume in the next five years? Which segment is currently leading the market? In which region will the market find its highest growth? Which players will take the lead in the market? What are the key drivers and restraints of the market’s growth? Research Methodology Data triangulation and market breakdown Research assumptions Research data including primary and secondary data Primary data includes breakdown of primaries and key industry insights Secondary data includes key data from secondary sources Read more@ https://www.emergenresearch.com/industry-report/road-safety-market Table of Content Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Road Safety Market Segmentation & Impact Analysis 4.1. Road Safety Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Growing demand in the packaging sector 4.2.2.2. Growth of the building & construction industry 4.2.2.3. Increasing usage in production of adhesive bandages 4.2.2.4. Surging demand from the APAC region 4.2.3. Market restraints analysis 4.2.3.1. Volatility in the price of raw materials 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis Chapter 5. Road Safety Market By Resin Type Insights & Trends, Revenue (USD Million) Chapter 6. Road Safety Market By Substrate Insights & Trends Revenue (USD Million) Chapter 7. Road Safety Market By Distribution Channel Insights & Trends Revenue (USD Million) Chapter 8. Road Safety Market By Application Insights & Trends Revenue (USD Million) Chapter 9. Road Safety Market Regional Outlook Continued… Like it? Share it! More by this author |