Road Safety Market Global Industry Analysis, size, share and Forecast 2020-2027
by ProVal Tech ProVal TechnologiesThe global road safety market report, published by GMI Research, provides extensive insight and analysis of the global road safety market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the global road safety market. The research report also studies the competitive environment of the road safety market based on the company profiles and their efforts on increasing product value and production.
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Leading Players in the Global Road Safety Market
The notable players in the global road safety market include Flir Systems, Lacorix, Iteris, Thales, Tyco, Huawei, Raad Data Communication, Conduent, Kapsch AG, Siemens, Parsons, and Cubic Corporation, among others.
Key Drivers in the Global Road Safety Market
The global road safety is witnessing strong demand over the forecast period. The key drivers contributing to the increasing road safety market revenue are rising urbanization, the strong demand for a convenient mobility solution for transportation system, the growing government concerns for the road safety. Additionally, the increasing emphasis on improving the life balance of the common people to accelerate the productive time, will further energize the demand of the global road safety market over the coming years. Furthermore, the increasing requirement for safety concerns kept at priority level is further bringing innumerable growth opportunities in the market. On the other edge, the high initial investment to improve road safety solution and the various problems associated with the removal of old infrastructural facility instead of new ones, are the major factors that will hamper the growth of the market.
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Market Segmentation
Global Road Safety Market by Component:
- Hardware
- Software
- Services
Global Road Safety Market by Application:
- Consulting & Training
- System Integration & Deployment
- Support & Maintenance
Global Road Safety Market by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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Created on Jul 13th 2020 06:25. Viewed 416 times.