Table of Content

1 INTRODUCTION 29
1.1 INTRODUCTION TO COVID-19 29
1.2 COVID-19 HEALTH ASSESSMENT 29
FIGURE 1 COVID-19: GLOBAL PROPAGATION 29
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES 30
1.3 COVID-19 ECONOMIC ASSESSMENT 30
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 31
1.3.1 COVID-19 ECONOMIC IMPACT?SCENARIO ASSESSMENT 31
FIGURE 4 CRITERIA IMPACTING THE GLOBAL ECONOMY 32
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY 33
1.4 OBJECTIVES OF THE STUDY 34
1.5 MARKET DEFINITION 35
1.5.1 INCLUSIONS AND EXCLUSIONS 35
1.6 MARKET SCOPE 35
1.6.1 MARKET SEGMENTATION 35
1.6.2 REGIONAL SCOPE 36
1.6.3 YEARS CONSIDERED FOR THE STUDY 36
1.7 CURRENCY CONSIDERED 37
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2018–2020 37
1.8 STAKEHOLDERS 37
1.9 SUMMARY OF CHANGES 37
1.10 GLOBAL TRAFFIC INDEX 38
TABLE 2 TOP 10 GLOBALLY CONGESTED CITIES 38
2 RESEARCH METHODOLOGY 39
2.1 RESEARCH DATA 39
FIGURE 6 ROAD SAFETY MARKET: RESEARCH DESIGN 39
2.1.1 SECONDARY DATA 40
2.1.2 PRIMARY DATA 40
2.1.2.1 Breakup of primary profiles 40
2.1.2.2 Key industry insights 41
2.2 MARKET BREAKUP AND DATA TRIANGULATION 41
2.3 MARKET SIZE ESTIMATION 42
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 1 (SUPPLY SIDE): REVENUE OF OFFERINGS IN THE ROAD SAFETY MARKET 42
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 2 - BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL SOLUTIONS/SERVICES IN THE ROAD SAFETY MARKET 42
FIGURE 9 ROAD SAFETY MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 43
2.3.1 TOP-DOWN APPROACH 43
2.3.2 BOTTOM-UP APPROACH 44
2.4 MARKET FORECAST 44
TABLE 3 FACTORS ANALYSIS 45
2.5 ASSUMPTIONS FOR THE STUDY 45
TABLE 4 ASSUMPTIONS FOR THE STUDY 45
2.6 LIMITATIONS OF THE STUDY 46
3 EXECUTIVE SUMMARY 47
TABLE 5 ROAD SAFETY MARKET SIZE AND GROWTH RATE, 2016–2020 (USD MILLION, Y-O-Y %) 48
TABLE 6 ROAD SAFETY MARKET SIZE AND GROWTH RATE, 2021–2026 (USD MILLION, Y-O-Y %) 48
FIGURE 10 ROAD SAFETY MARKET SIZE, 2021–2026 49
FIGURE 11 FASTEST-GROWING SEGMENTS IN THE ROAD SAFETY MARKET DURING 2021–2026 49
FIGURE 12 ROAD SAFETY: REGIONAL MARKET SCENARIO 50
4 PREMIUM INSIGHTS 51
4.1 BRIEF OVERVIEW OF THE ROAD SAFETY MARKET 51
FIGURE 13 RISING COST OF COMPLIANCE IN ROAD SAFETY TO DRIVE THE GLOBAL ROAD SAFETY MARKET 51
4.2 ROAD SAFETY MARKET SHARE, BY COMPONENT 51
FIGURE 14 SOLUTIONS SEGMENT TO HOLD A LARGER MARKET SHARE IN 2021 51
4.3 ROAD SAFETY MARKET SHARE, BY REGION 52
FIGURE 15 NORTH AMERICA TO HOLD THE LARGEST MARKET SHARE IN 2021 52
4.4 ROAD SAFETY MARKET INVESTMENT SCENARIO (2021–2026) 52
FIGURE 16 ASIA PACIFIC TO EMERGE AS THE BEST MARKET TO INVEST DURING THE FORECAST PERIOD 52
5 MARKET OVERVIEW AND INDUSTRY TRENDS 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 53
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: ROAD SAFETY MARKET 53
5.2.1 DRIVERS 54
5.2.1.1 Rising number of vehicles 54
5.2.1.2 Enforcement to improve compliance with governments 54
5.2.1.3 The adoption of digitalization and technologies in the road safety market 54
5.2.1.4 Government initiatives for enhancing road safety 55
5.2.2 RESTRAINTS 55
5.2.2.1 Lack of standardized and uniform technologies 55
5.2.3 OPPORTUNITIES 55
5.2.3.1 Adoption of automated vehicles for safety 55
5.2.3.2 Improved intelligent transportation systems for road safety 56
5.2.4 CHALLENGES 56
5.2.4.1 Cybersecurity and threats in road safety data 56
5.2.4.2 Lack of knowledge among people about IoT and smart cities 56
5.3 COVID-19 MARKET OUTLOOK FOR ROAD SAFETY 57
TABLE 7 ROAD SAFETY MARKET: ANALYSIS OF DRIVERS AND OPPORTUNITIES IN THE COVID-19 ERA 57
TABLE 8 ROAD SAFETY MARKET: ANALYSIS OF CHALLENGES AND RESTRAINTS IN THE COVID-19 ERA 57
5.3.1 CUMULATIVE GROWTH ANALYSIS 57
TABLE 9 ROAD SAFETY MARKET: CUMULATIVE GROWTH ANALYSIS 57
5.4 REGULATORY IMPACT 58
5.5 INDUSTRY TRENDS 59
5.5.1 USE CASES 59
5.5.1.1 Use case 1: Siemens helped Yunex Traffic for adaptive traffic control and management, highway, and tunnel automation as well as smart solutions for V2X and road user charging (tolling) 59
5.5.1.2 Use case 2: Motorola Solutions helped Victoria Police with number plate recognition with ANPR technology 59
5.5.1.3 Use case 3: Conduent and Hayden AI announced a technology partnership to improve bus lane performance and traffic safety 60
5.5.1.4 Use case 4: SWARCO Road Marking Systems and ISAC GmbH measured the detectability of road markings 60
5.5.1.5 Use case 5: Dahua Technology detects multiple traffic violations and improves road efficiency 61
5.6 VALUE CHAIN ANALYSIS 61
FIGURE 18 ROAD SAFETY MARKET: VALUE CHAIN ANALYSIS 61
5.7 ECOSYSTEM 62
TABLE 10 ROAD SAFETY MARKET ECOSYSTEM 62
5.8 PATENT ANALYSIS 63
FIGURE 19 TOP TEN COMPANIES WITH THE HIGHEST NUMBER OF PATENT APPLICATIONS 63
TABLE 11 TOP TWENTY PATENT OWNERS (UNITED STATES) 63
FIGURE 20 NUMBER OF PATENTS GRANTED IN A YEAR, 2012-2021 64
5.9 PRICING ANALYSIS 64
5.10 TECHNOLOGY ANALYSIS 65
5.10.1 ARTIFICIAL INTELLIGENCE 65
5.10.2 5G NETWORK 65
5.10.3 SMART TRAFFIC LIGHTS 66
5.10.4 INTERNET OF THINGS 66
5.11 TRENDS AND DISRUPTIONS IMPACTING BUYERS 66
FIGURE 21 TRENDS IMPACTING CUSTOMERS: ROAD SAFETY MARKET 66
5.12 KEY CONFERENCES & EVENTS IN 2022-2023 67
TABLE 12 ROAD SAFETY MARKET: DETAILED LIST OF CONFERENCES & EVENTS 67
5.13 PORTER’S FIVE FORCES ANALYSIS 69
TABLE 13 ROAD SAFETY MARKET: PORTER’S FIVE FORCES MODEL 69
5.13.1 THREAT OF NEW ENTRANTS 69
5.13.2 THREAT OF SUBSTITUTES 69
5.13.3 BARGAINING POWER OF BUYERS 69
5.13.4 BARGAINING POWER OF SUPPLIERS 70
5.13.5 COMPETITIVE RIVALRY 70
6 ROAD SAFETY MARKET, BY COMPONENT 71
6.1 INTRODUCTION 72
FIGURE 22 SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 72
TABLE 14 ROAD SAFETY MARKET SIZE, BY COMPONENT, 2016–2020 (USD MILLION) 73
TABLE 15 ROAD SAFETY MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION) 73
6.2 SOLUTIONS 74
FIGURE 23 INCIDENT DETECTION AND RESPONSE SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 74
TABLE 16 SOLUTIONS: ROAD SAFETY MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION) 74
TABLE 17 SOLUTIONS: ROAD SAFETY MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 75
TABLE 18 SOLUTIONS: ROAD SAFETY MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 75
TABLE 19 SOLUTIONS: ROAD SAFETY MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 75
6.2.1 ENFORCEMENT SOLUTION 76
FIGURE 24 SPEED ENFORCEMENT SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 76
TABLE 20 ENFORCEMENT SOLUTION MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION) 76
TABLE 21 ENFORCEMENT SOLUTION MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 77
6.2.1.1 Red light enforcement 77
TABLE 22 RED LIGHT ENFORCEMENT MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 77
TABLE 23 RED LIGHT ENFORCEMENT MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 78
6.2.1.2 Speed enforcement 78
TABLE 24 SPEED ENFORCEMENT MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 78
TABLE 25 SPEED ENFORCEMENT MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 79
6.2.1.3 Bus lane enforcement 79
TABLE 26 BUS LANE ENFORCEMENT MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 79
TABLE 27 BUS LANE ENFORCEMENT MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 80
6.2.1.4 Section enforcement 80
TABLE 28 SECTION ENFORCEMENT MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 80
TABLE 29 SECTION ENFORCEMENT MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 81
6.2.2 AUTOMATIC LICENSE PLATE RECOGNITION/AUTOMATIC NUMBER PLATE RECOGNITION 81
TABLE 30 AUTOMATIC LICENSE PLATE RECOGNITION/AUTOMATIC NUMBER PLATE RECOGNITION MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 81
TABLE 31 AUTOMATIC LICENSE PLATE RECOGNITION/AUTOMATIC NUMBER PLATE RECOGNITION MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 82
6.2.3 INCIDENT DETECTION AND RESPONSE 82
TABLE 32 INCIDENT DETECTION AND RESPONSE MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 82
TABLE 33 INCIDENT DETECTION AND RESPONSE MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 83
6.2.4 OTHERS 83
TABLE 34 OTHERS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 83
TABLE 35 OTHERS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 84
6.3 SERVICES 84
FIGURE 25 MANAGED SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 84
TABLE 36 SERVICES: ROAD SAFETY MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION) 84
TABLE 37 SERVICES: ROAD SAFETY MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 85
TABLE 38 SERVICES: ROAD SAFETY MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 85
TABLE 39 SERVICES: ROAD SAFETY MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 85
6.3.1 PROFESSIONAL SERVICES 85
FIGURE 26 SUPPORT AND MAINTENANCE SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 86
TABLE 40 PROFESSIONAL SERVICES: ROAD SAFETY MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION) 86
TABLE 41 PROFESSIONAL SERVICES: ROAD SAFETY MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 86
TABLE 42 PROFESSIONAL SERVICES: ROAD SAFETY MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 87
TABLE 43 PROFESSIONAL SERVICES: ROAD SAFETY MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 87
6.3.1.1 Consulting and training 87
TABLE 44 CONSULTING AND TRAINING MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 88
TABLE 45 CONSULTING AND TRAINING MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 88
6.3.1.2 System integration and deployment 88
TABLE 46 SYSTEM INTEGRATION AND DEPLOYMENT MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 88
TABLE 47 SYSTEM INTEGRATION AND DEPLOYMENT MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 89
6.3.1.3 Support and maintenance 89
TABLE 48 SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 89
TABLE 49 SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 90
6.3.2 MANAGED SERVICES 90
TABLE 50 MANAGED SERVICES: ROAD SAFETY MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 90
TABLE 51 MANAGED SERVICES: ROAD SAFETY MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 90
7 ROAD SAFETY MARKET, BY REGION 91
7.1 INTRODUCTION 92
FIGURE 27 ASIA PACIFIC TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 92
FIGURE 28 ASIA PACIFIC TO ACCOUNT FOR THE HIGHEST CAGR DURING THE FORECAST PERIOD 93
TABLE 52 ROAD SAFETY MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 93
TABLE 53 ROAD SAFETY MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 93
7.2 NORTH AMERICA 94
7.2.1 NORTH AMERICA: ROAD SAFETY MARKET DRIVERS 94
7.2.2 NORTH AMERICA: ROAD SAFETY REGULATIONS 94
7.2.3 NORTH AMERICA: COVID-19 IMPACT 95
FIGURE 29 NORTH AMERICA: MARKET SNAPSHOT 95
TABLE 54 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY COMPONENT,
2016–2020 (USD MILLION) 96
TABLE 55 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 96
TABLE 56 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS,
2016–2020 (USD MILLION) 96
TABLE 57 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS,
2021–2026 (USD MILLION) 96
TABLE 58 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 2016–2020 (USD MILLION) 97
TABLE 59 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 2021–2026 (USD MILLION) 97
TABLE 60 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY SERVICES,
2016–2020 (USD MILLION) 97
TABLE 61 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY SERVICES,
2021–2026 (USD MILLION) 97
TABLE 62 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 2016–2020 (USD MILLION) 98
TABLE 63 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 2021–2026 (USD MILLION) 98
TABLE 64 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY COUNTRY,
2016–2020 (USD MILLION) 98
TABLE 65 NORTH AMERICA: ROAD SAFETY MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 98
7.2.4 US 99
7.2.5 CANADA 99
7.3 EUROPE 99
7.3.1 EUROPE: ROAD SAFETY MARKET DRIVERS 99
7.3.2 EUROPE: ROAD SAFETY REGULATIONS 100
7.3.3 EUROPE: COVID-19 IMPACT 100
TABLE 66 EUROPE: ROAD SAFETY MARKET SIZE, BY COMPONENT,
2016–2020 (USD MILLION) 100
TABLE 67 EUROPE: ROAD SAFETY MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 100
TABLE 68 EUROPE: ROAD SAFETY MARKET SIZE, BY SOLUTIONS,
2016–2020 (USD MILLION) 101
TABLE 69 EUROPE: ROAD SAFETY MARKET SIZE, BY SOLUTIONS,
2021–2026 (USD MILLION) 101
TABLE 70 EUROPE: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION,
2016–2020 (USD MILLION) 101
TABLE 71 EUROPE: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION,
2021–2026 (USD MILLION) 102
TABLE 72 EUROPE: ROAD SAFETY MARKET SIZE, BY SERVICES,
2016–2020 (USD MILLION) 102
TABLE 73 EUROPE: ROAD SAFETY MARKET SIZE, BY SERVICES,
2021–2026 (USD MILLION) 102
TABLE 74 EUROPE: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES,
2016–2020 (USD MILLION) 102
TABLE 75 EUROPE: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES,
2021–2026 (USD MILLION) 103
TABLE 76 EUROPE: ROAD SAFETY MARKET SIZE, BY COUNTRY,
2016–2020 (USD MILLION) 103
TABLE 77 EUROPE: ROAD SAFETY MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 103
7.3.4 UK 104
7.3.5 GERMANY 104
7.3.6 UKRAINE 104
7.3.7 EASTERN EUROPE AND BALKAN COUNTRIES 104
7.3.8 REST OF EUROPE 105
7.4 ASIA PACIFIC 105
7.4.1 ASIA PACIFIC: ROAD SAFETY MARKET DRIVERS 105
7.4.2 ASIA PACIFIC: ROAD SAFETY REGULATIONS 106
7.4.3 ASIA PACIFIC: COVID-19 IMPACT 106
FIGURE 30 ASIA PACIFIC: MARKET SNAPSHOT 107
TABLE 78 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY COMPONENT,
2016–2020 (USD MILLION) 107
TABLE 79 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 108
TABLE 80 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY SOLUTIONS,
2016–2020 (USD MILLION) 108
TABLE 81 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY SOLUTIONS,
2021–2026 (USD MILLION) 108
TABLE 82 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 2016–2020 (USD MILLION) 108
TABLE 83 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 2021–2026 (USD MILLION) 109
TABLE 84 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY SERVICES,
2016–2020 (USD MILLION) 109
TABLE 85 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY SERVICES,
2021–2026 (USD MILLION) 109
TABLE 86 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 2016–2020 (USD MILLION) 109
TABLE 87 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 2021–2026 (USD MILLION) 110
TABLE 88 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY COUNTRY,
2016–2020 (USD MILLION) 110
TABLE 89 ASIA PACIFIC: ROAD SAFETY MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 110
7.4.4 CHINA 111
7.4.5 JAPAN 111
7.4.6 SINGAPORE 111
7.4.7 AUSTRALIA AND NEW ZEALAND 111
7.4.8 PAKISTAN 112
7.4.9 KAZAKHSTAN 112
7.4.10 REST OF ASIA PACIFIC 112
7.5 MIDDLE EAST AND AFRICA 112
7.5.1 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET DRIVERS 113
7.5.2 MIDDLE EAST AND AFRICA: ROAD SAFETY REGULATIONS 113
7.5.3 MIDDLE EAST AND AFRICA: COVID-19 IMPACT 113
TABLE 90 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY COMPONENT, 2016–2020 (USD MILLION) 113
TABLE 91 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION) 114
TABLE 92 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 2016–2020 (USD MILLION) 114
TABLE 93 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS, 2021–2026 (USD MILLION) 114
TABLE 94 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 2016–2020 (USD MILLION) 115
TABLE 95 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 2021–2026 (USD MILLION) 115
TABLE 96 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY SERVICES, 2016–2020 (USD MILLION) 115
TABLE 97 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY SERVICES, 2021–2026 (USD MILLION) 115
TABLE 98 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 2016–2020 (USD MILLION) 116
TABLE 99 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 2021–2026 (USD MILLION) 116
TABLE 100 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION) 116
TABLE 101 MIDDLE EAST AND AFRICA: ROAD SAFETY MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION) 117
7.5.4 KINGDOM OF SAUDI ARABIA 117
7.5.5 QATAR 117
7.5.6 UNITED ARAB EMIRATES 117
7.5.7 SOUTH AFRICA 118
7.5.8 REST OF MIDDLE EAST AND AFRICA 118
7.6 LATIN AMERICA 118
7.6.1 LATIN AMERICA: ROAD SAFETY MARKET DRIVERS 118
7.6.2 LATIN AMERICA: ROAD SAFETY MARKET REGULATIONS 118
7.6.3 LATIN AMERICA: COVID-19 IMPACT 119
TABLE 102 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY COMPONENT,
2016–2020 (USD MILLION) 119
TABLE 103 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 119
TABLE 104 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS,
2016–2020 (USD MILLION) 119
TABLE 105 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY SOLUTIONS,
2021–2026 (USD MILLION) 120
TABLE 106 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 2016–2020 (USD MILLION) 120
TABLE 107 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY ENFORCEMENT SOLUTION, 2021–2026 (USD MILLION) 120
TABLE 108 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY SERVICES,
2016–2020 (USD MILLION) 120
TABLE 109 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY SERVICES,
2021–2026 (USD MILLION) 121
TABLE 110 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 2016–2020 (USD MILLION) 121
TABLE 111 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY PROFESSIONAL SERVICES, 2021–2026 (USD MILLION) 121
TABLE 112 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY COUNTRY,
2016–2020 (USD MILLION) 121
TABLE 113 LATIN AMERICA: ROAD SAFETY MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION) 122
7.6.4 BRAZIL 122
7.6.5 MEXICO 122
7.6.6 REST OF LATIN AMERICA 122
8 COMPETITIVE LANDSCAPE 123
8.1 OVERVIEW 123
8.2 MARKET STRUCTURE 123
TABLE 114 ROAD SAFETY MARKET: DEGREE OF COMPETITION 123
8.3 HISTORICAL REVENUE ANALYSIS 123
FIGURE 31 REVENUE ANALYSIS OF THE TOP MARKET PLAYERS, 2016–2020 124
8.4 MARKET EVALUATION FRAMEWORK 124
FIGURE 32 MARKET EVALUATION FRAMEWORK: EXPANSIONS AND CONSOLIDATIONS IN THE ROAD SAFETY MARKET BETWEEN 2019 AND 2022 124
8.5 REVENUE ANALYSIS OF LEADING PLAYERS 125
FIGURE 33 ROAD SAFETY MARKET: REVENUE ANALYSIS 125
8.6 RANKING OF KEY PLAYERS 125
FIGURE 34 RANKING OF KEY ROAD SAFETY MARKET PLAYERS 125
FIGURE 35 KEY DEVELOPMENTS BY LEADING PLAYERS IN THE ROAD SAFETY MARKET DURING 2019–2021 126
8.7 COMPANY EVALUATION MATRIX 126
8.7.1 STAR 126
8.7.2 EMERGING LEADER 126
8.7.3 PERVASIVE 127
8.7.4 PARTICIPANT 127
FIGURE 36 GLOBAL ROAD SAFETY MARKET: COMPANY EVALUATION MATRIX, 2022 127
8.8 PRODUCT PORTFOLIO ANALYSIS OF MAJOR PLAYERS 128
TABLE 115 COMPANY FOOTPRINT ANALYSIS: ROAD SAFETY MARKET 128
TABLE 116 COMPANY COMPONENT FOOTPRINT: ROAD SAFETY MARKET 128
TABLE 117 COMPANY REGION FOOTPRINT: ROAD SAFETY MARKET 129
8.9 COMPETITIVE SCENARIO 130
8.9.1 NEW SERVICE/PRODUCT LAUNCHES 130
TABLE 118 NEW SERVICE/PRODUCT LAUNCHES, 2019–2022 130
8.9.2 DEALS 131
TABLE 119 DEALS, 2019–2022 131
8.10 STARTUP/SME EVALUATION MATRIX 132
TABLE 120 ROAD SAFETY MARKET: DETAILED LIST OF KEY STARTUPS/SMES 132
TABLE 121 ROAD SAFETY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 133
8.10.1 PROGRESSIVE COMPANIES 133
8.10.2 RESPONSIVE COMPANIES 133
8.10.3 DYNAMIC COMPANIES 134
8.10.4 STARTING BLOCKS 134
FIGURE 37 ROAD SAFETY MARKET (GLOBAL), STARTUP/SME EVALUATION MATRIX 134
9 COMPANY PROFILES 135
9.1 MAJOR PLAYERS 135
(Business overview, Products/Solutions/Services offered, COVID-19 Impact, MNM view, Key strengths/Right to win, Strategic choices made, and Weaknesses and competitive threats)*
9.1.1 JENOPTIK 135
TABLE 122 JENOPTIK: BUSINESS OVERVIEW 135
FIGURE 38 JENOPTIK: COMPANY SNAPSHOT 136
TABLE 123 JENOPTIK: PRODUCTS/SOLUTIONS/SERVICES OFFERED 136
9.1.2 KAPSCH TRAFFICCOM 138
TABLE 124 KAPSCH TRAFFICCOM: BUSINESS OVERVIEW 138
FIGURE 39 KAPSCH TRAFFICCOM: COMPANY SNAPSHOT 139
TABLE 125 KAPSCH TRAFFICCOM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 139
TABLE 126 KAPSCH TRAFFICCOM: PRODUCT/SOLUTION/SERVICE LAUNCH 140
TABLE 127 KAPSCH TRAFFICCOM: DEALS 140
9.1.3 SENSYS GATSO GROUP 141
TABLE 128 SENSYS GATSO GROUP: BUSINESS OVERVIEW 141
FIGURE 40 SENSYS GATSO GROUP: COMPANY SNAPSHOT 142
TABLE 129 SENSYS GATSO GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 142
TABLE 130 SENSYS GATSO GROUP: DEALS 143
9.1.4 VERRA MOBILITY 145
TABLE 131 VERRA MOBILITY: BUSINESS OVERVIEW 145
TABLE 132 VERRA MOBILITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 145
TABLE 133 VERRA MOBILITY: DEALS 146
9.1.5 TELEDYNE FLIR 148
TABLE 134 TELEDYNE FLIR: BUSINESS OVERVIEW 148
TABLE 135 TELEDYNE FLIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 148
TABLE 136 TELEDYNE FLIR: PRODUCT/SOLUTION/SERVICE LAUNCH 148
9.1.6 MOTOROLA SOLUTIONS 150
TABLE 137 MOTOROLA SOLUTIONS: BUSINESS OVERVIEW 150
FIGURE 41 MOTOROLA SOLUTIONS: COMPANY SNAPSHOT 151
TABLE 138 MOTOROLA SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 151
9.1.7 IDEMIA 152
TABLE 139 IDEMIA: BUSINESS OVERVIEW 152
TABLE 140 IDEMIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 152
9.1.8 SWARCO 153
TABLE 141 SWARCO: BUSINESS OVERVIEW 153
TABLE 142 SWARCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 153
TABLE 143 SWARCO: PRODUCT/SOLUTION/SERVICE LAUNCH 153
TABLE 144 SWARCO: DEALS 154
9.1.9 VITRONIC 155
TABLE 145 VITRONIC: BUSINESS OVERVIEW 155
TABLE 146 VITRONIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 155
TABLE 147 VITRONIC: PRODUCT/SOLUTION/SERVICE LAUNCH 155
TABLE 148 VITRONIC: DEALS 156
9.1.10 SIEMENS 157
TABLE 149 SIEMENS: BUSINESS OVERVIEW 157
FIGURE 42 SIEMENS: COMPANY SNAPSHOT 158
TABLE 150 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 158
TABLE 151 SIEMENS: DEALS 158
9.1.11 CONDUENT 159
TABLE 152 CONDUENT: BUSINESS OVERVIEW 159
FIGURE 43 CONDUENT: COMPANY SNAPSHOT 160
TABLE 153 CONDUENT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 160
9.1.12 CUBIC CORPORATION 161
TABLE 154 CUBIC CORPORATION: BUSINESS OVERVIEW 161
FIGURE 44 CUBIC CORPORATION: COMPANY SNAPSHOT 162
TABLE 155 CUBIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 162
TABLE 156 CUBIC CORPORATION: DEALS 163
9.1.13 DAHUA TECHNOLOGY 164
TABLE 157 DAHUA TECHNOLOGY: BUSINESS OVERVIEW 164
FIGURE 45 DAHUA TECHNOLOGY: COMPANY SNAPSHOT 164
TABLE 158 DAHUA TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 165
TABLE 159 DAHUA TECHNOLOGY: DEALS 165
9.2 OTHER PLAYERS 166
9.2.1 LASER TECHNOLOGY 166
9.2.2 TRAFFIC MANAGEMENT TECHNOLOGIES 166
9.2.3 TRIFOIL 167
9.2.4 KRIA 167
9.2.5 SYNTELL 168
9.2.6 TRUVELO 168
9.2.7 CLEARVIEW INTELLIGENCE 169
9.2.8 SIMICON 169
9.2.9 FRED ENGINEERING 170
9.2.10 KODIAK ROBOTICS 170
9.2.11 HUMANISING AUTONOMY 171
9.2.12 VEBITS AI 171
9.2.13 CONNECTED WISE LLC 171
9.2.14 SAFEROAD 172
9.2.15 LIVEROAD ANALYTICS 172
*Details on Business overview, Products/Solutions/Services offered, COVID-19 Impact, MNM view, Key strengths/Right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
10 APPENDIX 173
10.1 INTRODUCTION TO ADJACENT MARKETS 173
TABLE 160 ADJACENT MARKETS AND FORECASTS 173
10.2 LIMITATIONS 173
10.3 TRAFFIC MANAGEMENT MARKET 173
TABLE 161 TRAFFIC MANAGEMENT MARKET SIZE, BY COMPONENT,
2017–2020 (USD MILLION) 173
TABLE 162 TRAFFIC MANAGEMENT MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 174
TABLE 163 TRAFFIC MANAGEMENT MARKET SIZE, BY SYSTEM,
2017–2020 (USD MILLION) 174
TABLE 164 TRAFFIC MANAGEMENT MARKET SIZE, BY SYSTEM,
2021–2026 (USD MILLION) 174
10.4 PUBLIC SAFETY AND SECURITY MARKET 175
TABLE 165 COMPONENT: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY PRE-COVID-19 SCENARIO, 2020–2025 (USD MILLION) 175
TABLE 166 COMPONENT: PUBLIC SAFETY AND SECURITY MARKET SIZE,
2014–2019 (USD MILLION) 175
TABLE 167 COMPONENT: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY POST-COVID-19 SCENARIO, 2020–2025 (USD MILLION) 175
TABLE 168 SOLUTION: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY PRE-COVID-19 SCENARIO, 2020–2025 (USD MILLION) 176
TABLE 169 SOLUTION: PUBLIC SAFETY AND SECURITY MARKET SIZE,
2014–2019 (USD MILLION) 176
TABLE 170 SOLUTION: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY POST-COVID-19 SCENARIO, 2020–2025 (USD MILLION) 177
TABLE 171 SERVICES: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY PRE-COVID-19 SCENARIO, 2020–2025 (USD MILLION) 177
TABLE 172 SERVICES: PUBLIC SAFETY AND SECURITY MARKET SIZE,
2014–2019 (USD MILLION) 177
TABLE 173 SERVICES: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY POST-COVID-19 SCENARIO, 2020–2025 (USD MILLION) 178
TABLE 174 VERTICAL: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY PRE-COVID-19 SCENARIO, 2020–2025 (USD MILLION) 178
TABLE 175 VERTICAL: PUBLIC SAFETY AND SECURITY MARKET SIZE,
2014–2019 (USD MILLION) 178
TABLE 176 VERTICAL: PUBLIC SAFETY AND SECURITY MARKET SIZE, BY POST-COVID-19 SCENARIO, 2020–2025 (USD MILLION) 179
10.5 SMART TRANSPORTATION MARKET 179
TABLE 177 SMART TRANSPORTATION MARKET SIZE, BY TRANSPORTATION MODE, 2016–2019 (USD MILLION) 179
TABLE 178 SMART TRANSPORTATION MARKET SIZE, BY TRANSPORTATION MODE, 2019–2025 (USD MILLION) 179
TABLE 179 SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN ROADWAYS, 2016–2019 (USD MILLION) 180
TABLE 180 SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN ROADWAYS, 2019–2025 (USD MILLION) 180
10.6 DISCUSSION GUIDE 181
10.7 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 184
10.8 AVAILABLE CUSTOMIZATION 186
10.9 RELATED REPORTS 186
10.10 AUTHOR DETAILS 187