Global Road Safety Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Road Safety Market: By Solutions (Automatic License Plate Detection, Bus Lane Compliance, Red Light Enforcement, Speed Enforcement and Incident Detection System), By Services (Managed Services and Professional Services) and Geography

 

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Report

Description

Global Road Safety Market Report Description:

Global road safety market report gives comprehensive outlook on road safety across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global road safety market gives historical, current, and future market sizes (US$ Mn) on the basis of solutions, services and region. This report studies global road safety market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global road safety market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global road safety market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global road safety market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global road safety products.

 

Global Road Safety Market:

The global road safety market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Some of the key factors favouring the market growth are new laws and regulations implemented by the government for road safety, technological advancements in road safety, rapid growth in population and vehicles on road. However, lack of awareness of road safety, insufficient government funds and rapidly growing population are hampering the market growth.

 

Rapid urbanization is fueling the Market Growth

 Rapid urbanization also results in the infrastructural development, especially of highways and bridges, which have a positive impact on the road safety market. Road safety is a method that assists road users from getting seriously injured or killed owing to the rising fatal accidents, threats, and natural as well as unnatural disasters.

 

North America Accounts for Larger Market Revenue Share in Global Road Safety Market

 North America accounted for larger revenue share in global road safety market with considerable CAGR. North America witnessed steady growth in the market owing to the presence of majority of key vendors, development of advanced technologies and infrastructure, huge number of equipment manufacturers and solution providers present in this region.

 

Competition Assessment

Key player’s profiles in the global road safety market include:

  • Verra Mobility
  • SWARCO
  • Siemens
  • Sensys Gatso Group
  • Redflex Holdings
  • Motorola Solutions
  • Kapsch Trafficcom
  • Jenoptik
  • IDEMIA
  • FLIR Systems
  • Cubic Corporation

 

Global road safety market is surging owing to frequent acquisitions and launchings by the market players. For instance in   2018, Jenoptik and Telco partnered with the Qatar Ministry of Interior to deliver 120 speed measurement systems. The partnership also included 6 radar-based mobile speed measurement systems to enhance speed enforcement and increase road safety in Qatar.

 

Key Findings of the Report:

 

  • Global road safety market expanding at significant CAGR over 2019 to 2025 owing to rising initiatives for enhancing road safety
  • Based on Solutions, red light enforcement segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global road safety market

 

Detailed Segmentation

 

By Solutions

  • Automatic License Plate Detection
  • Bus Lane Compliance
  • Red Light Enforcement
  • Speed Enforcement
  • Incident Detection System

By Services 

  • Managed Services
  • Professional Services

 

By Geography

 

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

 

Key Features of the Report:

 

  • The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market


Location

GEOGRAPHY

PBI Location Map

Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Road Safety Market Introduction
    • Global Road Safety Market – Taxonomy
    • Global Road Safety Market –Definitions
      • Solutions
      • Services
  1. Global Road Safety Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Road Safety Market Dynamic Factors – Impact Analysis
    • Global Road Safety Market – Competition Landscape
  2. Global Road Safety Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Road Safety Market, By Solutions, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Automatic License Plate Detection
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Bus Lane Compliance
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Red Light Enforcement
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Speed Enforcement
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Incident Detection System
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Road Safety Market, By Services, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Managed Services
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Professional Services
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Road Safety Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Road Safety Market – Opportunity Analysis Index, By Solutions, Services and Region, 2019 – 2025
  2. North America Road Safety Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Solutions Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Automatic License Plate Detection
      • Bus Lane Compliance
      • Red Light Enforcement
      • Speed Enforcement
      • Incident Detection System
    • Services Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Managed Services
      • Professional Services
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Road Safety Market – Opportunity Analysis Index, By Solutions, Services and Country, 2019 – 2025
    • North America Road Safety Market Dynamics – Trends
  3. Europe Road Safety Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Solutions Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Automatic License Plate Detection
      • Bus Lane Compliance
      • Red Light Enforcement
      • Speed Enforcement
      • Incident Detection System
    • Services Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Managed Services
      • Professional Services
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Road Safety Market – Opportunity Analysis Index, By Solutions, Services and Country, 2019 – 2025
    • Europe Road Safety Market Dynamics – Trends
  4. Asia-Pacific Road Safety Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Solutions Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Automatic License Plate Detection
      • Bus Lane Compliance
      • Red Light Enforcement
      • Speed Enforcement
      • Incident Detection System
    • Services Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Managed Services
      • Professional Services
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Road Safety Market – Opportunity Analysis Index, By Solutions, Services and Country, 2019 – 2025
    • Asia-Pacific Road Safety Market Dynamics – Trends
  5. Latin America Road Safety Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Solutions Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Automatic License Plate Detection
      • Bus Lane Compliance
      • Red Light Enforcement
      • Speed Enforcement
      • Incident Detection System
    • Services Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Managed Services
      • Professional Services
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Road Safety Market – Opportunity Analysis Index, By Solutions, Services and Country, 2019 – 2025
    • Latin America Road Safety Market Dynamics – Trends
  6. Middle East and Africa Road Safety Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Solutions Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Automatic License Plate Detection
      • Bus Lane Compliance
      • Red Light Enforcement
      • Speed Enforcement
      • Incident Detection System
    • Services Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Managed Services
      • Professional Services
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Road Safety Market – Opportunity Analysis Index, By Solutions, Services and Country, 2019 – 2025
    • MEA Road Safety Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Solutions & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Verra Mobility
      • SWARCO
      • Siemens
      • Sensys Gatso Group
      • Redflex Holdings
      • Motorola Solutions
      • Kapsch Trafficcom
      • Jenoptik
      • IDEMIA
      • FLIR Systems
      • Cubic Corporation
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Verra Mobility
  • SWARCO
  • Siemens
  • Sensys Gatso Group
  • Redflex Holdings
  • Motorola Solutions
  • Kapsch Trafficcom
  • Jenoptik
  • IDEMIA
  • FLIR Systems
  • Cubic Corporation

Description

Global Road Safety Market Report Description:

Global road safety market report gives comprehensive outlook on road safety across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global road safety market gives historical, current, and future market sizes (US$ Mn) on the basis of solutions, services and region. This report studies global road safety market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global road safety market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global road safety market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global road safety market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global road safety products.

 

Global Road Safety Market:

The global road safety market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Some of the key factors favouring the market growth are new laws and regulations implemented by the government for road safety, technological advancements in road safety, rapid growth in population and vehicles on road. However, lack of awareness of road safety, insufficient government funds and rapidly growing population are hampering the market growth.

 

Rapid urbanization is fueling the Market Growth

 Rapid urbanization also results in the infrastructural development, especially of highways and bridges, which have a positive impact on the road safety market. Road safety is a method that assists road users from getting seriously injured or killed owing to the rising fatal accidents, threats, and natural as well as unnatural disasters.

 

North America Accounts for Larger Market Revenue Share in Global Road Safety Market

 North America accounted for larger revenue share in global road safety market with considerable CAGR. North America witnessed steady growth in the market owing to the presence of majority of key vendors, development of advanced technologies and infrastructure, huge number of equipment manufacturers and solution providers present in this region.

 

Competition Assessment

Key player’s profiles in the global road safety market include:

  • Verra Mobility
  • SWARCO
  • Siemens
  • Sensys Gatso Group
  • Redflex Holdings
  • Motorola Solutions
  • Kapsch Trafficcom
  • Jenoptik
  • IDEMIA
  • FLIR Systems
  • Cubic Corporation

 

Global road safety market is surging owing to frequent acquisitions and launchings by the market players. For instance in   2018, Jenoptik and Telco partnered with the Qatar Ministry of Interior to deliver 120 speed measurement systems. The partnership also included 6 radar-based mobile speed measurement systems to enhance speed enforcement and increase road safety in Qatar.

 

Key Findings of the Report:

 

  • Global road safety market expanding at significant CAGR over 2019 to 2025 owing to rising initiatives for enhancing road safety
  • Based on Solutions, red light enforcement segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global road safety market

 

Detailed Segmentation

 

By Solutions

  • Automatic License Plate Detection
  • Bus Lane Compliance
  • Red Light Enforcement
  • Speed Enforcement
  • Incident Detection System

By Services 

  • Managed Services
  • Professional Services

 

By Geography

 

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

 

Key Features of the Report:

 

  • The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market


Location

GEOGRAPHY

PBI Location Map

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX