Global traffic safety market forecasts rapid growth, projected 2024-2032.
A forecast has been announced that the global traffic safety market will experience rapid growth from 2023 to 2032. Market revenue is expected to increase from 5.9 billion USD in 2023 to 17 billion USD by 2032, with a compound annual growth rate (CAGR) of 12.5% during this period. The traffic safety market includes measures to reduce the threat of casualties from traffic accidents, ranging from vehicle occupants to pedestrians, cyclists, and motorcyclists. With the increase in traffic accidents, especially in areas with inadequate safety infrastructure, traffic safety measures are becoming increasingly important. You can check the application method by clicking the [PDF Download] button or apply directly through the related links.
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Major Companies: Kapsch TraficCom Saferoad Group Conduent Dahua Technology Sensys Gatso Group AB Jenoptik Verra Mobility Redflex Holdings Silicon Labs By Offering Solutions Services By Type Enforcement Solutions ALPR and ANPR Accident Detection and Response Level Crossing Safety School Bus Stop Enforcement Back Office Systems
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