What is the current Road Safety Market size?

The Road Safety Market is projected to register a CAGR of 7.60% during the forecast period (2024-2029) Read More

Who are the key players in Road Safety Market?

Jenoptik AG, Kapsch TrafficCom AG, Sensys Gatso Group AB, Redflex Holdings Limited and 3M are the major companies operating in the Road Safety Market. Read More

Which is the fastest growing region in Road Safety Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Road Safety Market?

In 2024, the North America accounts for the largest market share in Road Safety Market. Read More

What years does this Road Safety Market cover?

The report covers the Road Safety Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Road Safety Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Road Safety Market - Analysis & Forecast

Road Safety Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Road Safety Companies and the market is segmented by Solution (Red Light Enforcement, Speed Enforcement, Bus Lane Enforcement, and Section Enforcement, Automatic License Plate Recognition/Automatic Number Plate Recognition (ALPR/ANPR), Incident Detection and Response), by Services (Consulting, Support, and Maintenance, Integration and Deployment), and by Geography. The report provides the market sizes and forecasts in terms of value in USD.

Road Safety Industry Overview

The road safety market is highly fragmented, with numerous firms offering advanced road safety solutions. Along with inorganic growth initiatives, vendors prioritize increasing after-sales service offerings to ensure installed products' maintenance.

June 2022 - Sensys Gatso Group, a global leader in traffic safety solutions, received a TRaaS contract extension to operate and maintain the Dutch fixed systems for speed and red-light enforcement as part of the EG100 contract. Contract renewal is worth SEK 10 million (USD 1 million) over a term of two years.