This Road Safety market report work with respect to opportunities, challenges, drivers, market structures, and competitive landscape for the clients. This Road Safety report is a complete overview of the market, covering various aspects including product definition, market segmentation based on various parameters, and the prevailing vendor landscape. This Road Safety report is helpful to present you better solutions in terms of product trends, future products, marketing strategy, future events, actions or behaviors. The statistics are represented in graphical format in This Road Safety market report for a clear understanding on facts and figures. Readers will find this report very helpful in understanding the Road Safety market in depth.
Global road safety marketis expected to reach register a CAGR of 10.6% in the forecast period of 2019 to 2026.
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Major Industry Competitors: Road Safety Market
Some of the major players operating in this market include Jenoptik, Kapsch AG, Sensys Gatso Group AB, American Traffic Solutions, 3M, Redflex Traffic Systems, INC., FLIR SYSTEMS, INC., Motorola Solutions, INC., Idemia, Huawei Technologies Co., Ltd., Information Engineering Group Inc. Swarco AG, Conduent, INC., and Saferoad Holding ASA.
The 2020 Annual Road Safety Market offers:
=> 100+ charts exploring and analyzing the Road Safety market from critical angles including retail forecasts, consumer demand, production and more
=> 10+ profiles of top Road Safety producing states, with highlights of market conditions and retail trends
=> Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
=> Benchmark wholesale prices, market position, plus prices for raw materials involved in Road Safety type
Key Segmentation: Road Safety Market
By Solution (Red Light Enforcement, Speed Enforcement, Incident Detection System, Bus Lane Compliance, Automated Solutions, Process Violations, Passenger Data Processing, Semi-Automated Solutions, and Others), Service (Professional and Managed ), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
Rapid Business Growth Factors
In addition, the market is growing at a fast pace and the report shows us that there are a couple of key factors behind that. The most important factor that’s helping the market grow faster than usual is the tough competition.
Key Developments in the Market:
In March, Jenoptik has launched new traffic solution at TRAFFEX show. The traffic solution consists of new spot speed and red light product.
In March, Jenoptik has launched average speed enforcement system named as SPECS3 VECTOR at TRAFFEX show. SPECS3 VECTOR is designed to reduce the road accident caused by high speed.
In October, FLIR Systems Inc. has launched new system for surveillance drones. Mainly it is designed for military and government agencies.
In April, Motorola Solutions launched public safety mobile applications for communication and collaboration.
Some extract from Table of Contents
Overview of Global Road Safety Market
Road Safety Size (Sales Volume) Comparison by Type
Road Safety Size (Consumption) and Market Share Comparison by Application
Road Safety Size (Value) Comparison by Region
Road Safety Sales, Revenue and Growth Rate
Road Safety Competitive Situation and Trends
Strategic proposal for estimating availability of core business segments
Players/Suppliers, Sales Area
Analyze competitors, including all important parameters of Road Safety
Global Road Safety Manufacturing Cost Analysis
The most recent innovative headway and supply chain pattern mapping
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