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Market Research Report
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1009725

Global Road Safety Market Size study, by Solution (Red Light & Speed Enforcement, Incident Detection & Response, ANPR/ALPR and Others), by Service (Professional Services and Managed Services), and Regional Forecasts 2021-2027

Published: | Bizwit Research & Consulting LLP | | Delivery time: 2-3 business days

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Global Road Safety Market Size study, by Solution (Red Light & Speed Enforcement, Incident Detection & Response, ANPR/ALPR and Others), by Service (Professional Services and Managed Services), and Regional Forecasts 2021-2027
Published: June 5, 2021
Bizwit Research & Consulting LLP
Content info:
Delivery time: 2-3 business days
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  • Table of Contents
Description

Global Road Safety Market is valued approximately at USD 2.88 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12.4% over the forecast period 2021-2027. The global Road Safety market is being driven by increasing road accidents and fatalities as well as injuries caused by the accidents. For instance, according to World Health Organization data of 2018, around 1.35 million people die every year due to road accidents. Also, road traffic injuries are the leading cause of death for children and young adults aged 5-29 years. Another major driving factor for the market is the favorable government initiatives in encouraging awareness about road safety. For instance: in April 2021, government of India announced to set up National Road Safety Board in order to advise the government for the policy formulation related to road safety. Furthermore, the growing investments by the road safety companies and technology upgradations to innovate new products will provide new opportunities for the global Road Safety industry. However, lack of standardized and uniform technologies may impede market growth over the forecast period of 2021-2027.

The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are segmented for the regional analysis of the global Road Safety Market. Europe is the leading region across the world in terms of market share due to state-of-the-art road infrastructure and technological advancements in the region. Whereas North America is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to the growing investment in infrastructure along with the rising adoption of Internet-of-Things and automation technologies in the region.

Major market player included in this report are:

Jenoptik

Kapsch TrafficCom

Flir Systems, Inc.

IDEMIA

Sensys Gatso Group AB

VITRONIC

Redflex Holdings

American Traffic Solutions (Verra Mobility)

Motorola Solutions

SWARCO

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Solution:

Red Light & Speed Enforcement

Incident Detection & Response

ANPR/ALPR

Others

By Service:

Professional Services

Managed Services

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027.

Target Audience of the Global Road Safety Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Road Safety Market , by Region, 2019-2027 (USD Billion)
    • 1.2.2. Road Safety Market , by Solution, 2019-2027 (USD Billion)
    • 1.2.3. Road Safety Market , by Service , 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Road Safety Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Road Safety Market Dynamics

  • 3.1. Road Safety Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing number of road fatalities/accidents
      • 3.1.1.2. Favorable government initiatives in encouraging awareness about road safety
    • 3.1.2. Market Restraint
      • 3.1.2.1. Lack of standardized and uniform technologies
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Growing investments by the road safety companies
      • 3.1.3.2. Technology upgradations to innovate new products

Chapter 4. Global Road Safety Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Road Safety Market , by Solution

  • 5.1. Market Snapshot
  • 5.2. Global Road Safety Market by Solution, Performance - Potential Analysis
  • 5.3. Global Road Safety Market Estimates & Forecasts by Solution 2018-2027 (USD Billion)
  • 5.4. Road Safety Market , Sub Segment Analysis
    • 5.4.1. Red Light & Speed Enforcement
    • 5.4.2. Incident Detection & Response
    • 5.4.3. ANPR/ALPR
    • 5.4.4. Others

Chapter 6. Global Road Safety Market , by Service

a. Market Snapshot

  • 6.1. Global Road Safety Market by Service, Performance - Potential Analysis
  • 6.2. Global Road Safety Market Estimates & Forecasts by Service 2018-2027 (USD Billion)
  • 6.3. Road Safety Market , Sub Segment Analysis
    • 6.3.1. Professional Services
    • 6.3.2. Managed Services

Chapter 7. Global Road Safety Market , Regional Analysis

  • 7.1. Road Safety Market , Regional Market Snapshot
  • 7.2. North America Road Safety Market
    • 7.2.1. U.S. Road Safety Market
      • 7.2.1.1. Solution breakdown estimates & forecasts, 2018-2027
      • 7.2.1.2. Service breakdown estimates & forecasts, 2018-2027
    • 7.2.2. Canada Road Safety Market
  • 7.3. Europe Road Safety Market Snapshot
    • 7.3.1. U.K. Road Safety Market
    • 7.3.2. Germany Road Safety Market
    • 7.3.3. France Road Safety Market
    • 7.3.4. Spain Road Safety Market
    • 7.3.5. Italy Road Safety Market
    • 7.3.6. Rest of Europe Road Safety Market
  • 7.4. Asia-Pacific Road Safety Market Snapshot
    • 7.4.1. China Road Safety Market
    • 7.4.2. India Road Safety Market
    • 7.4.3. Japan Road Safety Market
    • 7.4.4. Australia Road Safety Market
    • 7.4.5. South Korea Road Safety Market
    • 7.4.6. Rest of Asia Pacific Road Safety Market
  • 7.5. Latin America Road Safety Market Snapshot
    • 7.5.1. Brazil Road Safety Market
    • 7.5.2. Mexico Road Safety Market
  • 7.6. Rest of The World Road Safety Market

Chapter 8. Competitive Intelligence

  • 8.1. Top Market Strategies
  • 8.2. Company Profiles
    • 8.2.1. Jenoptik
      • 8.2.1.1. Key Information
      • 8.2.1.2. Overview
      • 8.2.1.3. Financial (Subject to Data Availability)
      • 8.2.1.4. Product Summary
      • 8.2.1.5. Recent Developments
    • 8.2.2. Kapsch TrafficCom
    • 8.2.3. Flir Systems, Inc.
    • 8.2.4. IDEMIA
    • 8.2.5. Sensys Gatso Group AB
    • 8.2.6. VITRONIC
    • 8.2.7. Redflex Holdings
    • 8.2.8. American Traffic Solutions (Verra Mobility)
    • 8.2.9. Motorola Solutions
    • 8.2.10. SWARCO

Chapter 9. Research Process

  • 9.1. Research Process
    • 9.1.1. Data Mining
    • 9.1.2. Analysis
    • 9.1.3. Market Estimation
    • 9.1.4. Validation
    • 9.1.5. Publishing
  • 9.2. Research Attributes
  • 9.3. Research Assumption

LIST OF TABLES

  • TABLE 2. Global Road Safety Market , report scope
  • TABLE 3. Global Road Safety Market estimates & forecasts by region 2018-2027 (USD Billion)
  • TABLE 4. Global Road Safety Market estimates & forecasts by Solution 2018-2027 (USD Billion)
  • TABLE 5. Global Road Safety Market estimates & forecasts by Service 2018-2027 (USD Billion)
  • TABLE 6. Global Road Safety Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 7. Global Road Safety Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Road Safety Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Road Safety Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Road Safety Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Road Safety Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Road Safety Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Road Safety Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Road Safety Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. Global Road Safety Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. Global Road Safety Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 17. Global Road Safety Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 18. Global Road Safety Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. Global Road Safety Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 20. Global Road Safety Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 21. Global Road Safety Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 22. U.S. Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 23. U.S. Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 24. U.S. Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 25. Canada Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 26. Canada Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 27. Canada Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 28. UK Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 29. UK Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 30. UK Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 31. Germany Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 32. Germany Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 33. Germany Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 34. France Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 35. France Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 36. France Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 37. Spain Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 38. Spain Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 39. Spain Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 40. Italy Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 41. Italy Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 42. Italy Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 43. ROE Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 44. ROE Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 45. ROE Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 46. China Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 47. China Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 48. China Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 49. India Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 50. India Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 51. India Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 52. Japan Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 53. Japan Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 54. Japan Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 55. Australia Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 56. Australia Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 57. Australia Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 58. South Korea Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 59. South Korea Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 60. South Korea Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 61. ROPAC Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 62. ROPAC Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 63. ROPAC Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 64. Brazil Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 65. Brazil Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 66. Brazil Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 67. Mexico Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 68. Mexico Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 69. Mexico Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 70. ROLA Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 71. ROLA Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 72. ROLA Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 73. ROW Road Safety Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 74. ROW Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 75. ROW Road Safety Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 76. List of secondary sources used in the study of global Road Safety Market .
  • TABLE 77. List of primary sources used in the study of global Road Safety Market .
  • TABLE 78. Years considered for the study.
  • TABLE 79. Exchange rates considered.

LIST OF FIGURES

List of figures

  • FIG 1. Global Road Safety Market , research methodology
  • FIG 2. Global Road Safety Market , market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Road Safety Market , key trends 2020
  • FIG 5. Global Road Safety Market , growth prospects 2021-2027
  • FIG 6. Global Road Safety Market , porters 5 force model
  • FIG 7. Global Road Safety Market , pest analysis
  • FIG 8. Global Road Safety Market , value chain analysis
  • FIG 9. Global Road Safety Market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Road Safety Market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Road Safety Market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Road Safety Market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Road Safety Market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Road Safety Market by segment, 2018 & 2027 (USD Billion)
  • FIG 15. Global Road Safety Market by segment, 2018 & 2027 (USD Billion)
  • FIG 16. Global Road Safety Market by segment, 2018 & 2027 (USD Billion)
  • FIG 17. Global Road Safety Market , regional snapshot 2018 & 2027
  • FIG 18. North America Road Safety Market 2018 & 2027 (USD Billion)
  • FIG 19. Europe Road Safety Market 2018 & 2027 (USD Billion)
  • FIG 20. Asia-Pacific Road Safety Market 2018 & 2027 (USD Billion)
  • FIG 21. Latin America Road Safety Market 2018 & 2027 (USD Billion)
  • FIG 22. Global Road Safety Market , company market share analysis (2020)