Market Research Report
Global Traffic Safety Equipment Market 2017-2021
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||496055|
|Published||Content info||70 Pages
Delivery time: 1-2 business days
|Global Traffic Safety Equipment Market 2017-2021|
|Published: April 26, 2017||Content info: 70 Pages||
Traffic safety equipment plays a crucial role in road safety management. It is essential to maintain safety on the roads for pedestrians, as well as drivers. Increasing accidents and fatalities are driving the demand for traffic safety equipment. Another factor driving this demand is the rise in transport infrastructure investment worldwide to improve the operational performance of road transport, including traffic management, vehicle tracking, and additional road networks. APAC will have the largest transport infrastructure market with an investment increasing from $500 billion per year to nearly $850 billion per year by 2025.
Technavio's analysts forecast the global traffic safety equipment market to grow at a CAGR of 6.60% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global traffic safety equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of traffic safety equipment.
The market is divided into the following segments based on geography:
Technavio's report, Global Traffic Safety Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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