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Global Road Safety Industry is Booming with Industry Strategies Adopted By Key Players like Jenoptik Kapsch Traffic Com Sensys Gatso Group Redflex Holdings IDEMIA Verra Mobility SWARCO FLIR Systems Motorola Solutions Siemens

Market Analysis 2019-2026
Market Analysis 2019-2026
Press Release

The Latest Research Report published by Global Reports Store on ‘Road Safety Industry Forecast 2019-2026’. Which contains 120 Pages, 80 Figures, and Tables, With a detailed description of past, present, and future of Road Safety Industry along with 15 Companies detailed profile analysis. Global Road Safety Industry is valued at approximately USD 2.7 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 9.3% over the forecast period 2019-2026.

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Road safety involves products and services that are being introduced in Industry to reduce the risk of accidents, maintain traffic discipline, control and curb wayward vehicle movement and ensure the safe travel of commuters. Several technologies have been used in order to implement more security for highways and bridges, urban roads and tunnels. These technological systems, services, and solutions include speed limit enforcement, red light enforcement, bus lane enforcement, incident detection, and access control.  The constant need for road safety for commuters, reducing traffic and congestion on the road, new infrastructure development and longer commuting and many more are driven to boost the overall road safety Industry. Factors such as rising urban population and high demographic rates, rapid motorization, increasing number of road fatalities/accidents, and government initiatives for enhancing road safety, increase the growth of road safety Industry over the forecasted period of 2019-2026.

Market Player in ‘Road Safety Industry’:
Kapsch Traffic Com
Sensys Gatso Group
Redflex Holdings
Verra Mobility
FLIR Systems
Motorola Solutions

Market Segmentation:
By Component:

By Region
North America (USA, Canada)
Europe (Germany, U.K., France, Italy, Rest of Europe)
APAC (China, India, Japan, Rest of Asia-Pacific)
RoW (Latin America, Middle East & Africa)

The regional analysis of the global Road Safety Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading/significant region across the world in terms of Industry share owing to the growing adoption of smart and automated technologies. Factors such as disposable income, sustainable and well-established economies, which invest increasingly in the road safety enhancement, would create lucrative growth prospects for the Road Safety Industry across the North American region.

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High lite Form This Research Report:
1 Business Overview: An exhaustive description of the companies operation and business divisions.
2 Corporate Strategy: Analyst’s summarisation of the companies business strategy.
3 SWOT Analysis: A detail analysis of company Strength, Weakness, Opportunity, and Threats.
4 Company History: Progression of key events associated with the company.
5 Major Products and Services: A list of major Products, Services, and Brands of the company.
6 Key Competitors: A list of key competitors to the company.
7 Important Locations and subsidiaries: a list and contact details of key locations and subsidiaries of the company.

Table of Contents – Major Key Points
Chapter 1: Executive summary
Chapter 2: Scope of the report
Chapter 3: Market research methodology
Chapter 4: Introduction
Chapter 5: Market landscape
Chapter 6: Market segmentation by product
Chapter 7: Key leading countries
Chapter 8: Market drivers
Chapter 9: Impact of drivers

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Global Reports Store
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IND +91- 739-102-4425
[email protected]

This post was originally published on Raleigh Recorder

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