The Road Safety System offers various benefits such as increase safety, enhance mobility, reduce congestion, minimize environmental impact, and promote economic productivity for a healthier economy.
This report contains market size and forecasts of Road Traffic Safety Systems in Global, including the following market information:
Global Road Traffic Safety Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Road Traffic Safety Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Enforcement Solution Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Road Traffic Safety Systems include Jenoptik AG, Kapsch TrafficCom AG, Redflex Holdings, Verra Mobility Corp and Motorola Solutions, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Road Traffic Safety Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Road Traffic Safety Systems Market, by Solution, 2017-2022, 2023-2028 ($ millions)
Global Road Traffic Safety Systems Market Segment Percentages, by Solution, 2021 (%)
Enforcement Solution
ALPR/ANPR
Incident Detection and Response
Others
Global Road Traffic Safety Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Road Traffic Safety Systems Market Segment Percentages, by Application, 2021 (%)
Bridges
Highways
Tunnels
Urban Roads
Others
Global Road Traffic Safety Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Road Traffic Safety Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Road Traffic Safety Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Road Traffic Safety Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Jenoptik AG
Kapsch TrafficCom AG
Redflex Holdings
Verra Mobility Corp
Motorola Solutions