Road Safety Market by Types & Systems - Worldwide Market Forecast (2014-2019)

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Jun 13, 2014, 05:59 ET

DUBLIN, June 13, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/4cm92t/road_safety) has announced the addition of the "Road Safety Market by Types & Systems - Worldwide Market Forecast (2014-2019)" report to their offering.
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Infrastructure plays an important role in the development of the economy of any country. Any unwanted event, loss, and insecurity can ruin a country's development. APAC and MEA markets are investing heavily to increase the development of critical infrastructure comprising of highways and bridges, tunnels and urban roads. In the past few years, some private players have also taken interest in the improvement of the operational efficiency for the overall transportation system for enhancing people and infrastructure safety and the ROI.

There are several systems and technologies that have been implemented in providing security to highways and bridges, tunnels and urban roads. However, the road safety market has a few challenges. This market is highly fragmented which involves several organizations in multiple transportation modes comprising of both public and private sectors. The growing private sector's focus on ROI and surging political pressure has enforced the government to address the security challenges.

The global land transportation systems which include infrastructures like highways, tunnels, bridges and urban roads are tending to be the cheapest and efficient means of transport which can be easily accessible by any class of people. However, with the increase in crime, terrorist attacks, increasing fatality and injury rates, unwanted social elements and threats and with the increase in global rate of 2 wheeler and 4+ wheeler vehicles on the roads especially in African counties and the APAC region, the demand for security at roadways has increased. Road accidents/crashes are the 5th leading cause of people dying and facing injuries around the world.

Seeing all such trends, the governments of many economies have introduced changes in planning, strategizing, enforcing, and implementation of safety and security measures for the people and roadways infrastructure. They are trying to implement new and more advanced new technologies and strategies which are been continually developed and upgraded. The protection of valuable roadways infrastructure and public safety is the primary reason for taking this step.

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Market Overview

4 Road Safety: Market Size and Forecast By Type

5 Road Safety: Market Size and Forecast By System

6 Road Safety: Market Size and Forecast By Device and Technology

7 Road Safety: Market Size and Forecast By Services

8 Road Safety: Market Size and Forecast By Region

9 Road Safety: Market Landscape

10 Company Profiles