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Road Safety Market

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.<br>

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Road Safety Market

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  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. Download Sample PDF 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 Road deaths fell dramatically during the COVID-19 outbreak. However, traffic flow increased in the second quarter of 2020 when lockdown limitations were relaxed 1 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. 2

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

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

  6. Leading Market Players 

  7. Contact:

  8. Thank You!!!!

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