Technology News, IT News, and Press release service Submit Press Release

Information Tech News & Press Release Distribution

Press release distribution service

Home | Search Global IT News:
IT News & Press Release Distribution:

Road Safety Market Growth Factors, Demand and Trends Forecast Report till 2026

(IT-NEWSWIRE.COM, August 12, 2022 ) The global Road Safety market size is expected to grow USD 3.7 billion in 2021 to USD 5.8 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period. Rapid urbanization and increasing number of vehicle,road facilities and government initiatives to prevemt road accidents.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=93636585

Top Key Players

Key and innovative vendors in the Road Safety market are JENOPTIK (Germany), Kapsch TrafficCom (Austria), Sensys Gatso Group (Sweden), IDEMIA (France), Teledyne FLIR (US), Motorola Solutions (US), Verra Mobility (US), SWARCO (Austria), Siemens (Germany), Cubic Corporation (US), Conduent (US), VITRONIC (Germany), Dahua Technology (China), Laser Technology (US), Traffic Management Technology (South Africa), Truvelo (UK), Kria (Italy), Syntell (South Africa), Clearview Intelligence (UK), Simicon (Russia), FRED Engineering (Italy), Kodiak Robotics (US), Humanising Autonomy (UK), Vebit AI (US), Connected Wise LLC (US), Saferoad (Germany), LiveRoad Analytics (US).

Enforcement solution to grow at the highest market share during the forecast period.

Road safety enforcement solutions help the police and related authorities to enforce traffic law and perform traffic surveillance to improve road safety and increase public safety. Compliance through enforcement has conventionally been the responsibility of the local police; however, the sheer scale of road usage increases the need to detect the vast majority of offenses using modern electronic technologies that are more efficient than the previous methods of road traffic enforcement. Enforcement solutions, comprising hardware (sensors, cameras, displays, and radars) and software, are vital for road safety.

Incident detection and response solution segment is expected to grow at a higher CAGR during the forecast period.

The incident detection system comprises cameras, fire, and smoke detecting alarms, and communication networks that are connected to control room systems. The systems report obstacles, such as stopped vehicles, traffic slowdown, traffic congestion, wrong way vehicle entry, pedestrian movement on the road, loss of visibility, and debris on the road. Incident detection systems have the ability to identify and respond quickly to incidents on roadways and in tunnels. The systems also detect a stopped vehicle in congested traffic by distinguishing it from a vehicle that has temporarily stopped. On detection, these systems communicate with the chief traffic controller who can then take measures to warn the incoming traffic or even shut down the location. The incident detection and response solution also automatically detects an occurrence/incident and brings it to the attention of a manual operator in the control room or executes a pre-defined response to deal with the situation. In tunnels, real-time detection through various cameras triggers an alarm before there is any effect on the flow of traffic. Through real-time analysis of camera images, all types of incidents, including fire, are detected within seconds. Thus, fast and efficient responses to an incident are the result of several elements put together. For example, FLIR traffic cameras and sensors can reliably detect incidents—including collisions, stopped vehicles, and wrong-way drivers—in challenging lighting and weather conditions. FLIR imagers also monitor differing levels of traffic flow and detect fires in tunnels long before traditional sensors activate.

Get More Info @ https://www.marketsandmarkets.com/Market-Reports/road-safety-market-93636585.html

North America region to record the highest market share in the Road Safety market.

North America is highest market share in the Road Safety market . In 2020, North America accounted for the majority of the road safety market. In terms of technical acceptance and infrastructure development, it is the most advanced region. The US has installed some of the most advanced systems to manage and monitor road safety and heavy traffic. Various government and law enforcement agencies in the US and Canada are working to improve security infrastructure and minimize traffic deaths.

MarketsandMarkets™

Mr. Aashish Mehra

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com

Information Technology Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology (IT) Advertisement
    Information Technology Sponsors



    Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    ITPresswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    :: Home: :: Submit Press Release :: Subscribe to News :: Shop Online :: Contact Us :: Help

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    ITPresswire.com - Newswire and Press Release service of GroupWeb Media LLC