Road Safety Market by Solution (Red Light, Speed, Bus Lane, Section Enforcement, and ALPR/ANPR), Service (Consulting and Training, System Integration and Deployment, and Support and Maintenance) and Region - Global Forecast to 2026
[187 Pages Report] MarketsandMarkets forecasts the global Road Safety Market size is expected to grow USD 3.7 billion in 2021 to USD 5.8 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period. The increasing number of road accidents and fatalities drives the need for the deployment of road safety solutions.
To know about the assumptions considered for the study, Request for Free Sample Report
Road Safety Market Dynamics
Driver: Rising number of Vehicles
The increasing number of road accidents and fatalities drives the need for the deployment of road safety solutions, as these solutions help in reducing road fatalities to a great extent. Enforcement solutions help in enforcing road traffic rules for speed and red light, bus lane compliance, and section control. Incident detection and response systems would help in identifying the fatality/accidents location, time, reasoning, and other event-related information. It would reduce the time taken for the post-crash actions. The overall benefits of road safety solutions and services are expected to reduce the number of road fatalities by offering precautions to prevent road fatalities.
Restraint: Lack of standardized and uniform technologies
The standardization of connected road safety technologies is a fundamental issue for their easy implementation. The road safety system comprises connected vehicle technology and connected infrastructure. One of the difficulties for the deployment of connected technologies in vehicles and road infrastructure is affordability and availability of connectivity.
Opportunity: Adoption of automated vehicles for safety
The continuing evolution of automotive technology aims to deliver even greater safety benefits than earlier technologies. The automated driving systems, which some refer to as automated vehicles, may be able to handle the whole task of driving. The automotive industry is moving toward more automation and electrification, which hold promise for further improvements in safety and better environmental practices. Vehicle automation will potentially change the need for individualized parking spaces and lots, with increased use of automated rideshare and shuttle fleets, which could dramatically transform land use. Also, vehicle electrification opens up possibilities to improve efficiency with less personal driving, resulting in further reduction of air pollutants from the transport sector.
Challenge: Cybersecurity and threats in road safety data
The road safety market has significant growth potential. However, maintaining data security and privacy is a key challenge faced by players operating in this market. The installed smart devices and sensors continuously generate a huge amount of data. This is expected to help organizations handling data gain insights about the market position of their competitors. This data is analyzed to generate actionable business insights; most of this data is processed at the edge and stored in the cloud from time to time.
By Component, the solution segment to have a higher growth during the forecast period
The road safety solutions include enforcement solution, incident detection and response, ALPR/ANPR, and others (railroad crossing safety, school bus stop-arm enforcement, and back-office systems). The enforcement solution segment has been further divided into red light enforcement, speed enforcement, bus lane enforcement, and section enforcement. These solutions enable government agencies to protect pedestrians and vehicle drivers from all types of road accidents. With the rapid increase in the number of vehicles on the road, these solutions are gaining traction across the globe. Verra Mobility, Kapsch TrafficCom, JENOPTIK, SWARCO, and Sensys Gatso Group are some of the key market players in the road safety market.
By Services, the professional services to dominate the market during the forecast period
The professional services segment has been segmented into three categories: consulting and training, support and maintenance, and system integration and deployment. Professional services include planning the services, designing the solutions to be deployed, consulting with the enterprise to suggest the right solution/service, and upgrading the enterprises current infrastructure to become compatible with deploying the latest road safety services. Companies offering professional services consist of consultants, management experts, and dedicated project management teams who specialize in designing and delivering critical decision support software, tools, services, and expertise.
APAC to grow at the highest CAGR during the forecast period
Asia Pacific is rapidly establishing itself as the worlds most powerful area, home to a number of smart cities. Increased security spending to keep up with the ever-changing threat landscape is causing great concern among governments in this region. Asia Pacific comprises China, India, Australia, Hong Kong, and Japan, which are examples of developing economies in the region. The number of smart city projects is increasing, which drives the demand for public and road safety security technologies such as surveillance, speed enforcement, red light enforcement, and incident detection systems. The number of megacities is expanding, as per the population. The necessity for road safety has increased in established and emerging Asia Pacific countries.
To know about the assumptions considered for the study, download the pdf brochure
Key Market Players
The report includes the study of key players Road Safety market. It profiles major vendors in the Road Safety market. The major vendors in the Road Safety market include JENOPTIK (Germany), Kapsch TrafficCom (Austria), Sensys Gatso Group (Sweden), IDEMIA (France), Teledyne FLIR (US), Motorola Solutions (US), Verra Mobility (US), SWARCO (Austria), Siemens (Germany), Cubic Corporation (US), Conduent (US), VITRONIC (Germany), Dahua Technology (China), Laser Technology (US), Traffic Management Technology (South Africa), Truvelo (UK), Kria (Italy), Syntell (South Africa), Clearview Intelligence (UK), Simicon (Russia), FRED Engineering (Italy), Kodiak Robotics (US), Humanising Autonomy (UK), Vebit AI (US), Connected Wise LLC (US), Saferoad (Germany), LiveRoad Analytics (US).
These players have adopted various strategies to grow in the global offering Road Safety market. The study includes an in-depth competitive analysis of these key players in the offering Road Safety market with their company profiles, recent developments, and key market strategies.
Get online access to the report on the World's First Market Intelligence Cloud
- Easy to Download Historical Data & Forecast Numbers
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
Request Sample Scope of the Report
Get online access to the report on the World's First Market Intelligence Cloud
- Easy to Download Historical Data & Forecast Numbers
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
|
Report Metrics |
Details |
|
Market size available for years |
2016-2026 |
|
Base year considered |
2020 |
|
Forecast period |
2021-2026 |
|
Forecast units |
Value (USD Million) |
|
Segments covered |
By Component, And By Region. |
|
Regions covered |
North America, Europe, Asia Pacific, Middle East and Africa and Latin America. |
|
Companies covered |
JENOPTIK (Germany), Kapsch TrafficCom (Austria), Sensys Gatso Group (Sweden), IDEMIA (France), Teledyne FLIR (US), Motorola Solutions (US), Verra Mobility (US), SWARCO (Austria), Siemens (Germany), Cubic Corporation (US), Conduent (US), VITRONIC (Germany), Dahua Technology (China), Laser Technology (US), Traffic Management Technology (South Africa), Truvelo (UK), Kria (Italy), Syntell (South Africa), Clearview Intelligence (UK), Simicon (Russia), FRED Engineering (Italy), Kodiak Robotics (US), Humanising Autonomy (UK), Vebit AI (US), Connected Wise LLC (US), Saferoad (Germany), LiveRoad Analytics (US). |
This research report categorizes the road safety market to forecast revenues and analyze trends in each of the following subsegments:
By Component:
- Solutions
- Enforcement Solution
- Automatic License Plate Recognition/Automatic Number Plate Recognition
- Incident Detection and Response
- Others
- Services
- Professional Services
- Managed Services
By Region:
- North America
- US
- Canada
- Europe
- UK
- Germany
- Ukraine
- Eastern Europe and Balkan Countries
- Rest of Europe
- APAC
- China
- Japan
- Singapore
- Australia and New Zealand
- Pakistan
- Kazakhstan
- Rest of Asia Pacific
- Middle East and Africa
- Kingdom of Saudi Arabia
- Qatar
- United Arab Emirates
- South Africa
- Rest of Middle East and Africa
- Latin America
- Mexico
- Rest of Latin America
Recent Developments:
- In February 2022, Sensys Gatso Group, through its subsidiary, Sensys Gatso USA signed a 5-year TRaaS contract with Oelwein, Iowa to provide the automated red-light enforcement.
- In November 2021, Kapsch TrafficCom launched climate-friendly mobility with Traffic Management 2.0 in the City of Vienna. This solution helps in reducing emissions and reducing stress.
- In November 2021, Sensys Gatso Group, through its subsidiary, Sensys Gatso Australia has signed an agreement for the supply and maintenance of Automatic Number Plate Recognition (ANPR) systems with the New South Wales (NSW) Government.
- In July 2021, Wolters Kluwer partnered with Vizor Software to enhance the quality of regulatory reporting in Singapore while reducing the time and effort required in regulatory compliance.
- In April 2021, Swarco launched MyCity 1.0, which is an urban mobility management software to tackle cities frequent challenges associated with the rapid urbanization and related impacts on the environment as well as the rapid changes in the types of urban mobility and the IT landscape needed to support it.
Frequently Asked Questions (FAQ):
How is the Road Safety market expected to grow in the next five years?
According to MarketsandMarkets, the Road Safety market size is expected to grow USD 3.7 billion in 2021 to USD 5.8 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period.
Which region has the largest market share in the Road Safety market?
North America is estimated to hold the largest market share in Road Safety market in 2021. North America is one of the technologically advanced markets in the world. It drives the large-scale implementation Road Safety market in the US.
What are the major factors driving Road Safety market?
The major drivers Road Safety market are rising number of vehicles and enforcement to improve compliance with governments.
Who are the major vendors in Road Safety market?
Major vendors in Road Safety market include JENOPTIK, Kapsch TrafficCOm, Sensys Gatso Group, Verra Mobility, and Teledyne FLIR. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 29)
1.1 INTRODUCTION TO COVID-19
1.2 COVID-19 HEALTH ASSESSMENT
FIGURE 1 COVID-19: GLOBAL PROPAGATION
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
1.3 COVID-19 ECONOMIC ASSESSMENT
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
1.3.1 COVID-19 ECONOMIC IMPACTSCENARIO ASSESSMENT
FIGURE 4 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY
1.4 OBJECTIVES OF THE STUDY
1.5 MARKET DEFINITION
1.5.1 INCLUSIONS AND EXCLUSIONS
1.6 MARKET SCOPE
1.6.1 MARKET SEGMENTATION
1.6.2 REGIONAL SCOPE
1.6.3 YEARS CONSIDERED FOR THE STUDY
1.7 CURRENCY CONSIDERED
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 20182020
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
1.10 GLOBAL TRAFFIC INDEX
TABLE 2 TOP 10 GLOBALLY CONGESTED CITIES
2 RESEARCH METHODOLOGY (Page No. - 39)
2.1 RESEARCH DATA
FIGURE 6 ROAD SAFETY MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primary profiles
2.1.2.2 Key industry insights
2.2 MARKET BREAKUP AND DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 1 (SUPPLY SIDE): REVENUE OF OFFERINGS IN THE ROAD SAFETY MARKET
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 2 - BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL SOLUTIONS/SERVICES IN THE ROAD SAFETY MARKET
FIGURE 9 ROAD SAFETY MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.3.1 TOP-DOWN APPROACH
2.3.2 BOTTOM-UP APPROACH
2.4 MARKET FORECAST
TABLE 3 FACTORS ANALYSIS
2.5 ASSUMPTIONS FOR THE STUDY
TABLE 4 ASSUMPTIONS FOR THE STUDY
2.6 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY (Page No. - 47)
TABLE 5 ROAD SAFETY MARKET SIZE AND GROWTH RATE, 20162020 (USD MILLION, Y-O-Y %)
TABLE 6 ROAD SAFETY MARKET SIZE AND GROWTH RATE, 20212026 (USD MILLION, Y-O-Y %)
FIGURE 10 ROAD SAFETY MARKET SIZE, 20212026
FIGURE 11 FASTEST-GROWING SEGMENTS IN THE ROAD SAFETY MARKET DURING 20212026
FIGURE 12 ROAD SAFETY: REGIONAL MARKET SCENARIO
4 PREMIUM INSIGHTS (Page No. - 51)
4.1 BRIEF OVERVIEW OF THE ROAD SAFETY MARKET
FIGURE 13 RISING COST OF COMPLIANCE IN ROAD SAFETY TO DRIVE THE GLOBAL ROAD SAFETY MARKET
4.2 ROAD SAFETY MARKET SHARE, BY COMPONENT
FIGURE 14 SOLUTIONS SEGMENT TO HOLD A LARGER MARKET SHARE IN 2021
4.3 ROAD SAFETY MARKET SHARE, BY REGION
FIGURE 15 NORTH AMERICA TO HOLD THE LARGEST MARKET SHARE IN 2021
4.4 ROAD SAFETY MARKET INVESTMENT SCENARIO (20212026)
FIGURE 16 ASIA PACIFIC TO EMERGE AS THE BEST MARKET TO INVEST DURING THE FORECAST PERIOD
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 53)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: ROAD SAFETY MARKET
5.2.1 DRIVERS
5.2.1.1 Rising number of vehicles
5.2.1.2 Enforcement to improve compliance with governments
5.2.1.3 The adoption of digitalization and technologies in the road safety market
5.2.1.4 Government initiatives for enhancing road safety
5.2.2 RESTRAINTS
5.2.2.1 Lack of standardized and uniform technologies
5.2.3 OPPORTUNITIES
5.2.3.1 Adoption of automated vehicles for safety
5.2.3.2 Improved intelligent transportation systems for road safety
5.2.4 CHALLENGES
5.2.4.1 Cybersecurity and threats in road safety data
5.2.4.2 Lack of knowledge among people about IoT and smart cities
5.3 COVID-19 MARKET OUTLOOK FOR ROAD SAFETY
TABLE 7 ROAD SAFETY MARKET: ANALYSIS OF DRIVERS AND OPPORTUNITIES IN THE COVID-19 ERA
TABLE 8 ROAD SAFETY MARKET: ANALYSIS OF CHALLENGES AND RESTRAINTS IN THE COVID-19 ERA
5.3.1 CUMULATIVE GROWTH ANALYSIS
TABLE 9 ROAD SAFETY MARKET: CUMULATIVE GROWTH ANALYSIS
5.4 REGULATORY IMPACT
5.5 INDUSTRY TRENDS
5.5.1 USE CASES
5.5.1.1 Use case 1: Siemens helped Yunex Traffic for adaptive traffic control and management, highway, and tunnel automation as well as smart solutions for V2X and road user charging (tolling)
5.5.1.2 Use case 2: Motorola Solutions helped Victoria Police with number plate recognition with ANPR technology
5.5.1.3 Use case 3: Conduent and Hayden AI announced a technology partnership to improve bus lane performance and traffic safety
5.5.1.4 Use case 4: SWARCO Road Marking Systems and ISAC GmbH measured the detectability of road markings
5.5.1.5 Use case 5: Dahua Technology detects multiple traffic violations and improves road efficiency
5.6 VALUE CHAIN ANALYSIS
FIGURE 18 ROAD SAFETY MARKET: VALUE CHAIN ANALYSIS
5.7 ECOSYSTEM
TABLE 10 ROAD SAFETY MARKET ECOSYSTEM
5.8 PATENT ANALYSIS
FIGURE 19 TOP TEN COMPANIES WITH THE HIGHEST NUMBER OF PATENT APPLICATIONS
TABLE 11 TOP TWENTY PATENT OWNERS (UNITED STATES)
FIGURE 20 NUMBER OF PATENTS GRANTED IN A YEAR, 2012-2021
5.9 PRICING ANALYSIS
5.10 TECHNOLOGY ANALYSIS
5.10.1 ARTIFICIAL INTELLIGENCE
5.10.2 5G NETWORK
5.10.3 SMART TRAFFIC LIGHTS
5.10.4 INTERNET OF THINGS
5.11 TRENDS AND DISRUPTIONS IMPACTING BUYERS
FIGURE 21 TRENDS IMPACTING CUSTOMERS: ROAD SAFETY MARKET
5.12 KEY CONFERENCES & EVENTS IN 2022-2023
TABLE 12 ROAD SAFETY MARKET: DETAILED LIST OF CONFERENCES & EVENTS
5.13 PORTERS FIVE FORCES ANALYSIS
TABLE 13 ROAD SAFETY MARKET: PORTERS FIVE FORCES MODEL
5.13.1 THREAT OF NEW ENTRANTS
5.13.2 THREAT OF SUBSTITUTES
5.13.3 BARGAINING POWER OF BUYERS
5.13.4 BARGAINING POWER OF SUPPLIERS
5.13.5 COMPETITIVE RIVALRY
6 ROAD SAFETY MARKET, BY COMPONENT (Page No. - 71)
6.1 INTRODUCTION
FIGURE 22 SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 14 ROAD SAFETY MARKET SIZE, BY COMPONENT, 20162020 (USD MILLION)
TABLE 15 ROAD SAFETY MARKET SIZE, BY COMPONENT, 20212026 (USD MILLION)
6.2 SOLUTIONS
FIGURE 23 INCIDENT DETECTION AND RESPONSE SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 16 SOLUTIONS: ROAD SAFETY MARKET SIZE, BY TYPE, 20162020 (USD MILLION)
TABLE 17 SOLUTIONS: ROAD SAFETY MARKET SIZE, BY TYPE, 20212026 (USD MILLION)
TABLE 18 SOLUTIONS: ROAD SAFETY MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 19 SOLUTIONS: ROAD SAFETY MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.2.1 ENFORCEMENT SOLUTION
FIGURE 24 SPEED ENFORCEMENT SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 20 ENFORCEMENT SOLUTION MARKET SIZE, BY TYPE, 20162020 (USD MILLION)
TABLE 21 ENFORCEMENT SOLUTION MARKET SIZE, BY TYPE, 20212026 (USD MILLION)
6.2.1.1 Red light enforcement
TABLE 22 RED LIGHT ENFORCEMENT MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 23 RED LIGHT ENFORCEMENT MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.2.1.2 Speed enforcement
TABLE 24 SPEED ENFORCEMENT MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 25 SPEED ENFORCEMENT MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.2.1.3 Bus lane enforcement
TABLE 26 BUS LANE ENFORCEMENT MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 27 BUS LANE ENFORCEMENT MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.2.1.4 Section enforcement
TABLE 28 SECTION ENFORCEMENT MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 29 SECTION ENFORCEMENT MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.2.2 AUTOMATIC LICENSE PLATE RECOGNITION/AUTOMATIC NUMBER PLATE RECOGNITION
TABLE 30 AUTOMATIC LICENSE PLATE RECOGNITION/AUTOMATIC NUMBER PLATE RECOGNITION MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 31 AUTOMATIC LICENSE PLATE RECOGNITION/AUTOMATIC NUMBER PLATE RECOGNITION MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.2.3 INCIDENT DETECTION AND RESPONSE
TABLE 32 INCIDENT DETECTION AND RESPONSE MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 33 INCIDENT DETECTION AND RESPONSE MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.2.4 OTHERS
TABLE 34 OTHERS MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 35 OTHERS MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.3 SERVICES
FIGURE 25 MANAGED SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
TABLE 36 SERVICES: ROAD SAFETY MARKET SIZE, BY TYPE, 20162020 (USD MILLION)
TABLE 37 SERVICES: ROAD SAFETY MARKET SIZE, BY TYPE, 20212026 (USD MILLION)
TABLE 38 SERVICES: ROAD SAFETY MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 39 SERVICES: ROAD SAFETY MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.3.1 PROFESSIONAL SERVICES
FIGURE 26 SUPPORT AND MAINTENANCE SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 40 PROFESSIONAL SERVICES: ROAD SAFETY MARKET SIZE, BY TYPE, 20162020 (USD MILLION)
TABLE 41 PROFESSIONAL SERVICES: ROAD SAFETY MARKET SIZE, BY TYPE, 20212026 (USD MILLION)
TABLE 42 PROFESSIONAL SERVICES: ROAD SAFETY MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 43 PROFESSIONAL SERVICES: ROAD SAFETY MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.3.1.1 Consulting and training
TABLE 44 CONSULTING AND TRAINING MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 45 CONSULTING AND TRAINING MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.3.1.2 System integration and deployment
TABLE 46 SYSTEM INTEGRATION AND DEPLOYMENT MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 47 SYSTEM INTEGRATION AND DEPLOYMENT MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.3.1.3 Support and maintenance
TABLE 48 SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 49 SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION, 20212026 (USD MILLION)
6.3.2 MANAGED SERVICES
TABLE 50 MANAGED SERVICES: ROAD SAFETY MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 51 MANAGED SERVICES: ROAD SAFETY MARKET SIZE, BY REGION, 20212026 (USD MILLION)
7 ROAD SAFETY MARKET, BY REGION (Page No. - 91)
7.1 INTRODUCTION
FIGURE 27 ASIA PACIFIC TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 28 ASIA PACIFIC TO ACCOUNT FOR THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 52 ROAD SAFETY MARKET SIZE, BY REGION, 20162020 (USD MILLION)
TABLE 53 ROAD SAFETY MARKET SIZE, BY REGION, 20212026 (USD MILLION)
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA: ROAD SAFETY MARKET DRIVERS
7.2.2 NORTH AMERICA: ROAD SAFETY REGULATIONS
7.2.3 NORTH AMERICA: COVID-19 IMPACT
FIGURE 29 NORTH AMERICA: MARKET SNAPSHOT
TABLE 54 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY COMPONENT, 20162020 (USD MILLION)
TABLE 55 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY COMPONENT, 20212026 (USD MILLION)
TABLE 56 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 20162020 (USD MILLION)
TABLE 57 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 20212026 (USD MILLION)
TABLE 58 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 20162020 (USD MILLION)
TABLE 59 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 20212026 (USD MILLION)
TABLE 60 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY SERVICES, 20162020 (USD MILLION)
TABLE 61 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY SERVICES, 20212026 (USD MILLION)
TABLE 62 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 20162020 (USD MILLION)
TABLE 63 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 20212026 (USD MILLION)
TABLE 64 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY COUNTRY, 20162020 (USD MILLION)
TABLE 65 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY COUNTRY, 20212026 (USD MILLION)
7.2.4 US
7.2.5 CANADA
7.3 EUROPE
7.3.1 EUROPE: ROAD SAFETY MARKET DRIVERS
7.3.2 EUROPE: ROAD SAFETY REGULATIONS
7.3.3 EUROPE: COVID-19 IMPACT
TABLE 66 EUROPE: ROAD SAFETY MARKET SIZE, BY COMPONENT, 20162020 (USD MILLION)
TABLE 67 EUROPE: ROAD SAFETY MARKET SIZE, BY COMPONENT, 20212026 (USD MILLION)
TABLE 68 EUROPE: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 20162020 (USD MILLION)
TABLE 69 EUROPE: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 20212026 (USD MILLION)
TABLE 70 EUROPE: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 20162020 (USD MILLION)
TABLE 71 EUROPE: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 20212026 (USD MILLION)
TABLE 72 EUROPE: ROAD SAFETY MARKET SIZE, BY SERVICES, 20162020 (USD MILLION)
TABLE 73 EUROPE: ROAD SAFETY MARKET SIZE, BY SERVICES, 20212026 (USD MILLION)
TABLE 74 EUROPE: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 20162020 (USD MILLION)
TABLE 75 EUROPE: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 20212026 (USD MILLION)
TABLE 76 EUROPE: ROAD SAFETY MARKET SIZE, BY COUNTRY, 20162020 (USD MILLION)
TABLE 77 EUROPE: ROAD SAFETY MARKET SIZE, BY COUNTRY, 20212026 (USD MILLION)
7.3.4 UK
7.3.5 GERMANY
7.3.6 UKRAINE
7.3.7 EASTERN EUROPE AND BALKAN COUNTRIES
7.3.8 REST OF EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC: ROAD SAFETY MARKET DRIVERS
7.4.2 ASIA PACIFIC: ROAD SAFETY REGULATIONS
7.4.3 ASIA PACIFIC: COVID-19 IMPACT
FIGURE 30 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 78 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY COMPONENT, 20162020 (USD MILLION)
TABLE 79 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY COMPONENT, 20212026 (USD MILLION)
TABLE 80 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 20162020 (USD MILLION)
TABLE 81 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 20212026 (USD MILLION)
TABLE 82 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 20162020 (USD MILLION)
TABLE 83 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 20212026 (USD MILLION)
TABLE 84 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY SERVICES, 20162020 (USD MILLION)
TABLE 85 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY SERVICES, 20212026 (USD MILLION)
TABLE 86 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 20162020 (USD MILLION)
TABLE 87 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 20212026 (USD MILLION)
TABLE 88 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY COUNTRY, 20162020 (USD MILLION)
TABLE 89 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY COUNTRY, 20212026 (USD MILLION)
7.4.4 CHINA
7.4.5 JAPAN
7.4.6 SINGAPORE
7.4.7 AUSTRALIA AND NEW ZEALAND
7.4.8 PAKISTAN
7.4.9 KAZAKHSTAN
7.4.10 REST OF ASIA PACIFIC
7.5 MIDDLE EAST AND AFRICA
7.5.1 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET DRIVERS
7.5.2 MIDDLE EAST AND AFRICA: ROAD SAFETY REGULATIONS
7.5.3 MIDDLE EAST AND AFRICA: COVID-19 IMPACT
TABLE 90 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY COMPONENT, 20162020 (USD MILLION)
TABLE 91 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY COMPONENT, 20212026 (USD MILLION)
TABLE 92 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 20162020 (USD MILLION)
TABLE 93 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 20212026 (USD MILLION)
TABLE 94 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 20162020 (USD MILLION)
TABLE 95 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 20212026 (USD MILLION)
TABLE 96 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY SERVICES, 20162020 (USD MILLION)
TABLE 97 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY SERVICES, 20212026 (USD MILLION)
TABLE 98 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 20162020 (USD MILLION)
TABLE 99 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 20212026 (USD MILLION)
TABLE 100 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY COUNTRY, 20162020 (USD MILLION)
TABLE 101 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY COUNTRY, 20212026 (USD MILLION)
7.5.4 KINGDOM OF SAUDI ARABIA
7.5.5 QATAR
7.5.6 UNITED ARAB EMIRATES
7.5.7 SOUTH AFRICA
7.5.8 REST OF MIDDLE EAST AND AFRICA
7.6 LATIN AMERICA
7.6.1 LATIN AMERICA: ROAD SAFETY MARKET DRIVERS
7.6.2 LATIN AMERICA: ROAD SAFETY MARKET REGULATIONS
7.6.3 LATIN AMERICA: COVID-19 IMPACT
TABLE 102 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY COMPONENT, 20162020 (USD MILLION)
TABLE 103 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY COMPONENT, 20212026 (USD MILLION)
TABLE 104 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 20162020 (USD MILLION)
TABLE 105 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 20212026 (USD MILLION)
TABLE 106 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 20162020 (USD MILLION)
TABLE 107 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 20212026 (USD MILLION)
TABLE 108 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY SERVICES, 20162020 (USD MILLION)
TABLE 109 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY SERVICES, 20212026 (USD MILLION)
TABLE 110 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 20162020 (USD MILLION)
TABLE 111 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 20212026 (USD MILLION)
TABLE 112 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY COUNTRY, 20162020 (USD MILLION)
TABLE 113 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY COUNTRY, 20212026 (USD MILLION)
7.6.4 BRAZIL
7.6.5 MEXICO
7.6.6 REST OF LATIN AMERICA
8 COMPETITIVE LANDSCAPE (Page No. - 123)
8.1 OVERVIEW
8.2 MARKET STRUCTURE
TABLE 114 ROAD SAFETY MARKET: DEGREE OF COMPETITION
8.3 HISTORICAL REVENUE ANALYSIS
FIGURE 31 REVENUE ANALYSIS OF THE TOP MARKET PLAYERS, 20162020
8.4 MARKET EVALUATION FRAMEWORK
FIGURE 32 MARKET EVALUATION FRAMEWORK: EXPANSIONS AND CONSOLIDATIONS IN THE ROAD SAFETY MARKET BETWEEN 2019 AND 2022
8.5 REVENUE ANALYSIS OF LEADING PLAYERS
FIGURE 33 ROAD SAFETY MARKET: REVENUE ANALYSIS
8.6 RANKING OF KEY PLAYERS
FIGURE 34 RANKING OF KEY ROAD SAFETY MARKET PLAYERS
FIGURE 35 KEY DEVELOPMENTS BY LEADING PLAYERS IN THE ROAD SAFETY MARKET DURING 20192021
8.7 COMPANY EVALUATION MATRIX
8.7.1 STAR
8.7.2 EMERGING LEADER
8.7.3 PERVASIVE
8.7.4 PARTICIPANT
FIGURE 36 GLOBAL ROAD SAFETY MARKET: COMPANY EVALUATION MATRIX, 2022
8.8 PRODUCT PORTFOLIO ANALYSIS OF MAJOR PLAYERS
TABLE 115 COMPANY FOOTPRINT ANALYSIS: ROAD SAFETY MARKET
TABLE 116 COMPANY COMPONENT FOOTPRINT: ROAD SAFETY MARKET
TABLE 117 COMPANY REGION FOOTPRINT: ROAD SAFETY MARKET
8.9 COMPETITIVE SCENARIO
8.9.1 NEW SERVICE/PRODUCT LAUNCHES
TABLE 118 NEW SERVICE/PRODUCT LAUNCHES, 20192022
8.9.2 DEALS
TABLE 119 DEALS, 20192022
8.10 STARTUP/SME EVALUATION MATRIX
TABLE 120 ROAD SAFETY MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 121 ROAD SAFETY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
8.10.1 PROGRESSIVE COMPANIES
8.10.2 RESPONSIVE COMPANIES
8.10.3 DYNAMIC COMPANIES
8.10.4 STARTING BLOCKS
FIGURE 37 ROAD SAFETY MARKET (GLOBAL), STARTUP/SME EVALUATION MATRIX
9 COMPANY PROFILES (Page No. - 135)
9.1 MAJOR PLAYERS
(Business overview, Products/Solutions/Services offered, COVID-19 Impact, MNM view, Key strengths/Right to win, Strategic choices made, and Weaknesses and competitive threats)*
9.1.1 JENOPTIK
TABLE 122 JENOPTIK: BUSINESS OVERVIEW
FIGURE 38 JENOPTIK: COMPANY SNAPSHOT
TABLE 123 JENOPTIK: PRODUCTS/SOLUTIONS/SERVICES OFFERED
9.1.2 KAPSCH TRAFFICCOM
TABLE 124 KAPSCH TRAFFICCOM: BUSINESS OVERVIEW
FIGURE 39 KAPSCH TRAFFICCOM: COMPANY SNAPSHOT
TABLE 125 KAPSCH TRAFFICCOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 126 KAPSCH TRAFFICCOM: PRODUCT/SOLUTION/SERVICE LAUNCH
TABLE 127 KAPSCH TRAFFICCOM: DEALS
9.1.3 SENSYS GATSO GROUP
TABLE 128 SENSYS GATSO GROUP: BUSINESS OVERVIEW
FIGURE 40 SENSYS GATSO GROUP: COMPANY SNAPSHOT
TABLE 129 SENSYS GATSO GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 130 SENSYS GATSO GROUP: DEALS
9.1.4 VERRA MOBILITY
TABLE 131 VERRA MOBILITY: BUSINESS OVERVIEW
TABLE 132 VERRA MOBILITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 133 VERRA MOBILITY: DEALS
9.1.5 TELEDYNE FLIR
TABLE 134 TELEDYNE FLIR: BUSINESS OVERVIEW
TABLE 135 TELEDYNE FLIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 136 TELEDYNE FLIR: PRODUCT/SOLUTION/SERVICE LAUNCH
9.1.6 MOTOROLA SOLUTIONS
TABLE 137 MOTOROLA SOLUTIONS: BUSINESS OVERVIEW
FIGURE 41 MOTOROLA SOLUTIONS: COMPANY SNAPSHOT
TABLE 138 MOTOROLA SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
9.1.7 IDEMIA
TABLE 139 IDEMIA: BUSINESS OVERVIEW
TABLE 140 IDEMIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
9.1.8 SWARCO
TABLE 141 SWARCO: BUSINESS OVERVIEW
TABLE 142 SWARCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 143 SWARCO: PRODUCT/SOLUTION/SERVICE LAUNCH
TABLE 144 SWARCO: DEALS
9.1.9 VITRONIC
TABLE 145 VITRONIC: BUSINESS OVERVIEW
TABLE 146 VITRONIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 147 VITRONIC: PRODUCT/SOLUTION/SERVICE LAUNCH
TABLE 148 VITRONIC: DEALS
9.1.10 SIEMENS
TABLE 149 SIEMENS: BUSINESS OVERVIEW
FIGURE 42 SIEMENS: COMPANY SNAPSHOT
TABLE 150 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 151 SIEMENS: DEALS
9.1.11 CONDUENT
TABLE 152 CONDUENT: BUSINESS OVERVIEW
FIGURE 43 CONDUENT: COMPANY SNAPSHOT
TABLE 153 CONDUENT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
9.1.12 CUBIC CORPORATION
TABLE 154 CUBIC CORPORATION: BUSINESS OVERVIEW
FIGURE 44 CUBIC CORPORATION: COMPANY SNAPSHOT
TABLE 155 CUBIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 156 CUBIC CORPORATION: DEALS
9.1.13 DAHUA TECHNOLOGY
TABLE 157 DAHUA TECHNOLOGY: BUSINESS OVERVIEW
FIGURE 45 DAHUA TECHNOLOGY: COMPANY SNAPSHOT
TABLE 158 DAHUA TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 159 DAHUA TECHNOLOGY: DEALS
9.2 OTHER PLAYERS
9.2.1 LASER TECHNOLOGY
9.2.2 TRAFFIC MANAGEMENT TECHNOLOGIES
9.2.3 TRIFOIL
9.2.4 KRIA
9.2.5 SYNTELL
9.2.6 TRUVELO
9.2.7 CLEARVIEW INTELLIGENCE
9.2.8 SIMICON
9.2.9 FRED ENGINEERING
9.2.10 KODIAK ROBOTICS
9.2.11 HUMANISING AUTONOMY
9.2.12 VEBITS AI
9.2.13 CONNECTED WISE LLC
9.2.14 SAFEROAD
9.2.15 LIVEROAD ANALYTICS
*Details on Business overview, Products/Solutions/Services offered, COVID-19 Impact, MNM view, Key strengths/Right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
10 APPENDIX (Page No. - 173)
10.1 INTRODUCTION TO ADJACENT MARKETS
TABLE 160 ADJACENT MARKETS AND FORECASTS
10.2 LIMITATIONS
10.3 TRAFFIC MANAGEMENT MARKET
TABLE 161 TRAFFIC MANAGEMENT MARKET SIZE, BY COMPONENT, 20172020 (USD MILLION)
TABLE 162 TRAFFIC MANAGEMENT MARKET SIZE, BY COMPONENT, 20212026 (USD MILLION)
TABLE 163 TRAFFIC MANAGEMENT MARKET SIZE, BY SYSTEM, 20172020 (USD MILLION)
TABLE 164 TRAFFIC MANAGEMENT MARKET SIZE, BY SYSTEM, 20212026 (USD MILLION)
10.4 PUBLIC SAFETY AND SECURITY MARKET
TABLE 165 COMPONENT: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY PRE-COVID-19 SCENARIO, 20202025 (USD MILLION)
TABLE 166 COMPONENT: PUBLIC SAFETY AND SECURITY MARKET SIZE, 20142019 (USD MILLION)
TABLE 167 COMPONENT: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY POST-COVID-19 SCENARIO, 20202025 (USD MILLION)
TABLE 168 SOLUTION: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY PRE-COVID-19 SCENARIO, 20202025 (USD MILLION)
TABLE 169 SOLUTION: PUBLIC SAFETY AND SECURITY MARKET SIZE, 20142019 (USD MILLION)
TABLE 170 SOLUTION: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY POST-COVID-19 SCENARIO, 20202025 (USD MILLION)
TABLE 171 SERVICES: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY PRE-COVID-19 SCENARIO, 20202025 (USD MILLION)
TABLE 172 SERVICES: PUBLIC SAFETY AND SECURITY MARKET SIZE, 20142019 (USD MILLION)
TABLE 173 SERVICES: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY POST-COVID-19 SCENARIO, 20202025 (USD MILLION)
TABLE 174 VERTICAL: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY PRE-COVID-19 SCENARIO, 20202025 (USD MILLION)
TABLE 175 VERTICAL: PUBLIC SAFETY AND SECURITY MARKET SIZE, 20142019 (USD MILLION)
TABLE 176 VERTICAL: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY POST-COVID-19 SCENARIO, 20202025 (USD MILLION)
10.5 SMART TRANSPORTATION MARKET
TABLE 177 SMART TRANSPORTATION MARKET SIZE, BY TRANSPORTATION MODE, 20162019 (USD MILLION)
TABLE 178 SMART TRANSPORTATION MARKET SIZE, BY TRANSPORTATION MODE, 20192025 (USD MILLION)
TABLE 179 SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN ROADWAYS, 20162019 (USD MILLION)
TABLE 180 SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN ROADWAYS, 20192025 (USD MILLION)
10.6 DISCUSSION GUIDE
10.7 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
10.8 AVAILABLE CUSTOMIZATION
10.9 RELATED REPORTS
10.1 AUTHOR DETAILS
Extensive secondary sources, directories, and databases, such as Factiva, Hoovers, and Bloomberg Businessweek, were used to identify and collect information useful for this comprehensive market research study on the global Road Safety Market.
Secondary Research
The market for the companies offering road safety solutions and services for various verticals is arrived at based on the secondary data available through paid and unpaid sources, and by analyzing the product portfolio of major companies in the ecosystem and rating them based on their performance and quality. In the secondary research process, various sources were referred to for identifying and collecting information for this study. The secondary sources included annual reports, press releases and investor presentations of companies, white papers, journals, and certified publications and articles from recognized authors, directories, and databases.
Secondary research was mainly used to obtain key information about the industrys supply chain, the total pool of key players, market classification, and segmentation according to the industry trends to the bottom-most level, regional markets, and key developments from the market and technology-oriented perspectives, all of which were further validated by primary sources. The secondary sources included annual reports, press releases, and investor presentations of companies; white papers, journals, and certified publications; and articles from recognized authors, directories, and databases.
Primary Research
In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts, including Chief Technology Officers (CTOs); Vice Presidents (VPs); directors from business development, marketing, and product development/innovation teams; related key executives from road safety solution vendors, system integrators, professional and managed service providers, industry associations, and consultants; and key opinion leaders. Primary interviews were conducted to gather insights, such as market statistics, data of revenue collected from products and services, market breakups, market size estimations, market forecasts, and data triangulation. Primary research also helped in understanding the various trends related to technology, application, deployment, and region. Stakeholders from the demand side, such as Chief Information Officers (CIOs), Chief Finance Officers (CFOs), Chief Strategy Officers (CSOs), and the installation teams of end users who use road safety solutions were interviewed to understand the buyers perspective on the suppliers, products, service providers, and their current usage of road safety solutions, which is expected to affect the overall road safety market.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Multiple approaches were adopted for the estimation and forecasting of the road safety market. The first approach involves the estimation of the market size by summation of companies revenue generated through the road safety solutions and services.
In the top-down approach, an exhaustive list of all the vendors that offer solutions and services in the road safety market was prepared. The revenue contribution for all the vendors in the market was estimated through annual reports, press releases, funding, investor presentations, paid databases, and primary interviews. Each vendor was evaluated based on their products/services by component and region. The aggregate of all companies revenue was extrapolated to reach the overall market size. Each subsegment was studied and analyzed for its global market size and regional penetration.
Data Triangulation
Report Objectives
- To define, describe, and forecast the road safety market by component and region.
- To determine and forecast the global market based on component, and region with respect to individual growth trends and contributions toward the overall market.
- To forecast the size of the market segments with respect to five main regionsNorth America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), Latin America.
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market.
- To analyze each submarket with respect to individual growth trends, prospects, and contributions to the total market.
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the road safety market.
- To profile the key market players comprising top vendors, provide comparative analysis based on business overviews, regional presence, product offerings, business strategies, and key financials, and illustrate the markets competitive landscape
- To track and analyze competitive developments, such as acquisitions; new product launches and product enhancements; agreements, partnerships, and collaborations; expansions; and Research and Development (R&D) activities, in the market.
- To analyze the impact of the COVID-19 outbreak on the growth of the market.
Available Customizations
Along with the market data, MarketsandMarkets offers customizations as per the companys specific needs. The following customization options are available for the report:
Product Analysis
- Product Matrix which gives a detailed comparison of the product portfolio of each company
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Road Safety Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Road Safety Market
Collision avoidance (AEB - automatic emergency braking) market for heavy duty trucks and buses
Interested in road safety market
Understanding road safety market structure in Europe region
Interested in automation in ticket vending machine market
Interested in road safety market and related topics
Interested in road safety market
Interested in road safety market