Road Safety Market Industry Outlook, Opportunities in Market And Expansion By 2032 | Kapsch TrafficCom AG, Sensys Gatso Group, Redflex Holdings, Verra Mobility, Teledyne FLIR LLC

The Road Safety Global Market Report 2023, provides comprehensive information on the road safety market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032

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As per The Business Research Company’s Road Safety Global Market Report 2023, the global road safety market size grew from $3.44 billion in 2022 to $3.83 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The road safety market size is expected to grow to $5.63 billion in 2027 at a CAGR of 10.1%

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The road safety market is segmented:
1) By Service: Consulting And Training, Support And Maintenance, Managed
2) By Solution: Light Speed, Bus Lane And Section Enforcement, ALPR/ANPR, Incident Detection And Response, Other Solutions
3) By Vehicle Type: Passenger Cars, Lighht Commercial Vehicles, Heavy Commercial Vehicles

North America was the largest region in the road safety market in 2022.

Top 5 Major Key Players Are:
Kapsch TrafficCom AG
Sensys Gatso Group
Redflex Holdings
Verra Mobility
Teledyne FLIR LLC

Table Of Contents
1. Executive Summary
2. Road Safety Market Characteristics
3. Road Safety Market Trends And Strategies
4. Road Safety Market – Macro Economic Scenario
5. Road Safety Market Size And Growth
……
26. Africa Road Safety Market
27. Road Safety Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Road Safety Market
29. Road Safety Market Future Outlook and Potential Analysis
30. Appendix

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