Road Safety Market 2021
Road accidents can be fatal and often result in injury; they have a long-term impact on individuals, communities and countries. Road accidents entail huge costs, overload health systems, consume resources and cause significant loss of productivity with profound social and economic repercussions. According to the World Health Organization, approximately 1.24 million people around the world die from road accidents each year, which translates to nearly 3,400 deaths per day. Among people aged 15 to 29, traffic accidents are the leading cause of death worldwide. Drunk driving, speeding and not using seat belts, motorcycle helmets and child restraints are some of the other leading causes of traffic accidents. Road safety systems can better deal with human error and take into consideration the vulnerability of the human body, rather than focusing solely on human error.
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Major Manufacturers Covered By This Report:
Thales (France), Jenoptik (Germany), American Traffic Solutions (United States), Siemens (Germany), Traffic Management Technologies (South Africa), Motorola (United States), Flir Systems (United States), Cubic Corporation (United States), Conduent (United States) and Alcatel-Lucen (France).
The years that have been taken into account for the study of this report are as follows:
Year of history: 2015-2019
Baseline year: 2019
Estimated year: 2020
Forecast year: 2021 to 2026
Market segmentation :
Consulting & training
Assistance and maintenance
Speed of light
Application of bus lanes and sections
ALPR / ANPR
Incident detection and response
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom and rest of the world)
Asia-Pacific (China, Japan, India and rest of Asia-Pacific)
Latin America (Brazil and rest of Latin America.)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa and Rest of Middle East and Africa)
Further, the analysis also provides a comprehensive review of crucial road safety market players along with their company profiles, SWOT analysis, latest advancements and business plans.
The analysis objectives of the report are:
To fairly share detailed information regarding the critical elements impacting the growth of the industry (growth capacity, opportunities, drivers and challenges and risks specific to the industry).
Know the Road Safety Market by identifying its numerous sub-segments.
To profile the major players and analyze their growth plans.
Aim to know the amount and value of the Road Safety market submarkets, on the basis of key regions (various vital states).
To analyze the Global Road Safety Market regarding growth trends, prospects and also their participation across the industry.
To examine and study the Global Road Safety Market size (volume and value) of the company, the essential regions / countries, the products and applications, the basic information and also the forecast.
Leading global manufacturers of the Global Road Safety Market, to specify, clarify, and analyze product sales amount, market value and share, market rivalry landscape, SWOT analysis, and development plans for the next years.
Review competitive advancements such as expansions, arrangements, new product launches and market acquisitions.
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