The road safety market crossed US$ 4.5 billion mark in 2022 and is expected to hit US$ 10.24 billion by 2030, recording a CAGR of 10.6% during the forecast period.
The Report Road Safety Market study by “Business Market Insights” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
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Leading Road Safety market Players:
- Axis Communications AB
- Cubic Corporation
- SGS SA
- SNC-Lavalin Group
- Teledyne Flir LLC
- Kapsch TrafficCom AG
- Sensys Gatso Group
- Siemens AG
- Hangzhou Hikvision Digital Technology Co., Ltd.
- Dahua Technology Co., Ltd.
Road Safety market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Road Safety market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner Road Safety market revenue by understanding the strategic growth approaches.
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Road Safety Market Segmentation:
- Component:
- Solutions
- Red Light & Speed Enforcement
- Incident Detection & Response
- ANPR/ALPR
- Others
- Services
- Professional Services
- Managed Services
- Solutions
The report is a combination of qualitative and quantitative analysis of the Road Safety industry. The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.
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