Road Safety Market
                     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.
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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).
Impact of Covid-19
Road deaths fell dramatically during the COVID-19 
outbreak. However, traffic flow increased in the 
 1 second quarter of 2020 when lockdown limitations 
were relaxed
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 
 2 conduct such as exceeding speed limits, 
neglecting to wear seat belts, and being under the 
influence of alcohol.
Market is segmented into By Type
1 2 3 4
ENFORCEMENT ALPR or ANPR INCIDENT 
SOLUTION RAILROAD & DETECTION AND 
& CROSSING SCHOOL BUS RESPONSE
BACK OFFICE SAFETYSTOP -ARM 
SYSTEMS ENFORCEMENT
Segmentation 
By Region 
North America U.S., Canada
U.K., Germany, France, Spain, Italy, 
Europe Rest of Europe
China, Japan, South Korea, India, 
Asia-Pacific Australia, Rest of Asia-Pacific
LAMEA Latin America, Middle East, Africa
Leading Market Players 
Dahua Technology
Kapsch TraficCom
Saferoad Group
Redflex Holdings
Sensys Gatso Group AB
Verra Mobility
Silicon Labs
Jenoptik
Conduent
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