Research Reports
Find Out Why Road Safety Market is thriving globally during 2017-2025
Published by TMR Research Insights
Posted on August 31, 2021
8 min readLast updated: January 21, 2026
Global Banking & Finance Review®
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Published by TMR Research Insights
Posted on August 31, 2021
8 min readLast updated: January 21, 2026
Road safety involves products and services that are being introduced in market to prevent and reduce risk of accidents, maintain traffic discipline, control and curb wayward vehicle movement and ensure safe travel of commuters. The components of traffic safety include median barrier, crash cushions, guardrail, and end treatments; truck escape ramps and breakaway supports for signs and light standards. Constant need of road safety for commuters, reducing traffic and congestion on the road, new infrastructure development and longer commuting and many more are some of factors which are going to boost the overall road safety market. In order to ensure that the increasing vehicle population does not adversely affect social costs and productivity, there is a continuous growing demand of road safety solutions and services.
The main drivers for growth of global road safety market is due to rapid increase in urbanization, growth in mobility and associated increasing demand for transportation systems, growing stringent government regulations for road safety and continuous increase in road accidents. The global road safety is expected to grow in the forecast period. Insufficient government funding, difficulties to implement advanced road safety infrastructure, over growing population of road users are some of factors which are affecting the growth of global road safety market.
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The global road safety market can be categorized on the basis of solution such as speed enforcement, automatic license plate recognition, red light enforcement, bus lane compliance, incident detection system, and others. On the basis of service, the global road safety market can be categorized into professional services and managed services. The professional road safety services can be further categorized into training, support and maintenance, consulting and system integration, risk assessment and analysis. On the basis of geography, the global road safety is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Among the solution model in global road safety market, red light enforcement market is expected to increase in forecast period. The growth of red light enforcement market is due to increasing adoption and usage of connected devices and strict regulatory compliances. Various other factors such as easy installation, cost effective as compared to other solutions and push towards growth of smart cities are some of factors which are further growing to boost this segment. Hence, red light enforcement segment is expected to dominate the global road safety solutions market. Among the service model in global road safety market, professional road safety services is expected to be the largest segment in terms of revenue share during the forecast period. Among regions in the global road safety market, North America is the largest market of global road safety market and is expected to have a steady growth over forecast period. This is mainly due to various government initiatives, large-scale investments in the region and early adoption of technology. The North America is followed by Europe in the global road safety market which is expected to grow in the forecast period due to presence of large amount of equipment manufacturers and solution providers. Also among the regions in global road safety market Asia Pacific region is expected to grow in the forecast period mainly due to growing number of accidents, growing number of vehicles and various government initiatives to improve public safety.
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The key players in the global road safety market include Sensys Gatso Group, Swarco, Kapsch TrafficCom AG, FLIR Systems, Inc., Huawei Enterprise, Jenoptik AG, Redflex Holdings Limited, 3M, Motorola Solutions, American Traffic Solutions, and Information Engineering Group, Inc. These companies are investing a lot in their R&D so as to incorporate new technologies in their systems and develop new products to excel in global road safety market.
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Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
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Road safety involves products and services that are being introduced in market to prevent and reduce risk of accidents, maintain traffic discipline, control and curb wayward vehicle movement and ensure safe travel of commuters. The components of traffic safety include median barrier, crash cushions, guardrail, and end treatments; truck escape ramps and breakaway supports for signs and light standards. Constant need of road safety for commuters, reducing traffic and congestion on the road, new infrastructure development and longer commuting and many more are some of factors which are going to boost the overall road safety market. In order to ensure that the increasing vehicle population does not adversely affect social costs and productivity, there is a continuous growing demand of road safety solutions and services.
The main drivers for growth of global road safety market is due to rapid increase in urbanization, growth in mobility and associated increasing demand for transportation systems, growing stringent government regulations for road safety and continuous increase in road accidents. The global road safety is expected to grow in the forecast period. Insufficient government funding, difficulties to implement advanced road safety infrastructure, over growing population of road users are some of factors which are affecting the growth of global road safety market.
Request a Sample –
The global road safety market can be categorized on the basis of solution such as speed enforcement, automatic license plate recognition, red light enforcement, bus lane compliance, incident detection system, and others. On the basis of service, the global road safety market can be categorized into professional services and managed services. The professional road safety services can be further categorized into training, support and maintenance, consulting and system integration, risk assessment and analysis. On the basis of geography, the global road safety is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Among the solution model in global road safety market, red light enforcement market is expected to increase in forecast period. The growth of red light enforcement market is due to increasing adoption and usage of connected devices and strict regulatory compliances. Various other factors such as easy installation, cost effective as compared to other solutions and push towards growth of smart cities are some of factors which are further growing to boost this segment. Hence, red light enforcement segment is expected to dominate the global road safety solutions market. Among the service model in global road safety market, professional road safety services is expected to be the largest segment in terms of revenue share during the forecast period. Among regions in the global road safety market, North America is the largest market of global road safety market and is expected to have a steady growth over forecast period. This is mainly due to various government initiatives, large-scale investments in the region and early adoption of technology. The North America is followed by Europe in the global road safety market which is expected to grow in the forecast period due to presence of large amount of equipment manufacturers and solution providers. Also among the regions in global road safety market Asia Pacific region is expected to grow in the forecast period mainly due to growing number of accidents, growing number of vehicles and various government initiatives to improve public safety.
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The key players in the global road safety market include Sensys Gatso Group, Swarco, Kapsch TrafficCom AG, FLIR Systems, Inc., Huawei Enterprise, Jenoptik AG, Redflex Holdings Limited, 3M, Motorola Solutions, American Traffic Solutions, and Information Engineering Group, Inc. These companies are investing a lot in their R&D so as to incorporate new technologies in their systems and develop new products to excel in global road safety market.
More Trending Reports by Transparency Market Research –
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
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