The global road safety market was valued at $4.7 billion in 2021, and is projected to reach $14.8 billion by 2031, growing at a CAGR of 12.5% from 2022 to 2031.

1. ROAD SAFETY MARKET

2. The global road safety market was valued at $4.7 billion in
2021, and is projected to reach $14.8 billion by 2031, growing
at a CAGR of 12.5% from 2022 to 2031.
Road safety management involves the techniques and
precautions taken to prevent the death or serious injury of
highway users.
Standard road users include motorists, bicyclists, pedestrians,
motorists, horseback riders, and motorcyclists of on-road
public transportation (mainly trucks and trams).

3. Impact of Covid-19
1
2
Road deaths fell dramatically during the COVID-19
outbreak. However, traffic flow increased in the
second quarter of 2020 when lockdown limitations
were relaxed
This has resulted in degrading demand for the
target product. This time period saw an increase in
road deaths, due to drivers engaging in unsafe
conduct such as exceeding speed limits,
neglecting to wear seat belts, and being under the
influence of alcohol.

4. Market is segmented into By Type
ALPR or ANPR
&
SCHOOL BUS
STOP -ARM
ENFORCEMENT
ENFORCEMENT
SOLUTION
&
BACK OFFICE
SYSTEMS
INCIDENT
DETECTION AND
RESPONSE
RAILROAD
CROSSING
SAFETY
1 2 3 4

5. Segmentation
By Region
North America U.S., Canada
Europe
U.K., Germany, France, Spain, Italy,
Rest of Europe
Asia-Pacific
China, Japan, South Korea, India,
Australia, Rest of Asia-Pacific
LAMEA Latin America, Middle East, Africa

6. Leading Market Players
Dahua Technology
Kapsch TraficCom
Saferoad Group
Redflex Holdings
Sensys Gatso Group AB
Verra Mobility
Silicon Labs
Jenoptik
Conduent

7. David Correa
5933 NE Wi
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300n Sivers Drive
#205, Portland, OR 97220
United States
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter
Contact: