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Global Road Safety Market Companies Profiles, Size, Share, Growth, Trends and Forecast to 2026

Global Road safety market is expected to reach a CAGR of 10.6% in the forecast period of 2019 to 2026.

Global road safety market is expected to reach a CAGR of 10.6% in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026. This report will enable both of the sides in market be an established firm or a relative new entrant. It helps the established firms to know about the moves which are being performed by their competitors and also helps the new entrants by educating them about the market situations and the industry trends. This report is quite fruitful in helping to understand the market definition and all the aspects of the market including the CAGR value and key profiles.

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Key Market Players
The key market players for Global Road Safety market are listed below:
Jenoptik, Kapsch AG, Sensys Gatso Group AB, American Traffic Solutions, 3M, Redflex Traffic Systems, INC., FLIR SYSTEMS, INC., Motorola Solutions, INC., Idemia, Huawei Technologies Co., Ltd., Information Engineering Group Inc. , Swarco AG, Conduent, INC., Saferoad Holding ASA

Road Safety Market Segmentation
By Solution (Red Light Enforcement, Speed Enforcement, Incident Detection System, Bus Lane Compliance, Automated Solutions (E-Gates and Automatic License Plate Recognition), Process Violations, Passenger Data Processing, Semi-Automated Solutions, and Others), Service (Professional (Consulting and System Integration, Training, Support, and Maintenance, and Risk Assessment and Analysis) and Managed), Geography (North America, Asia-Pacific, Europe, South America, Middle East and Africa)

Major growing sectors under the market segmentation are as follows:
• In solution, the wide adoption of red light enforcement solution across the world has made the segment the highest revenue generation segment. The road safety is increasingly taken care by the government by enforcing red light traffic solutions, which has resulted in increased safety of the people in urban areas specifically.
• In service, the organizations in the world are relying heavily on the IT infrastructure for smooth flow of business operations. This has raised the adoption of managed services in the road safety market, and hence growing at the fastest CAGR by 2026.

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The Road Safety analysis report covers detailed value chain analysis of the Market. The value chain analysis helps to analyze major upstream raw materials, major equipment’s, manufacturing process, and downstream customer analysis and major distributor analysis are mentioned in the report along with all the drivers and restrain for the market. The report also educates about the market strategies that are being adopted by your competitors and leading organizations. The report also focuses on all the recent industry trends.

The Road Safety reports will enable both of the sides in market be an established firm or a relative new entrant. It helps the established firms to know about the moves which are being performed by their competitors and also helps the new entrants by educating them about the market situations and the industry trends. The report helps to strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders.

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