|By Business Wire||
|May 21, 2014 12:41 PM EDT||
Research and Markets (http://www.researchandmarkets.com/research/l66hjq/road_safety) has announced the addition of the "Global Road Safety Systems Market Report 2014 - Red Light Enforcement, Speed Limit Enforcement, Bus Lane Enforcement, Communication & Incident Detection" report to their offering.
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. Since 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, road safety market has 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 sectors focus on ROI and surging political pressure has enforced the government to address the security challenges.
The global land transportation systems which include the infrastructures like highways tunnels, bridges and urban roads are mending 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.
Road Safety Market by Types
- Highways and Bridges Safety
Urban Roads Safety
Road Safety Market by Systems
- Red Light Enforcement
- Speed Limit Enforcement
- Bus Lane Enforcement
- Incident Detection
Key Topics Covered:
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
- Alcatel Lucent
- Flir Systems
- Huawei Enterprises
- Kapsch AG
- Rad Data Communication
- Saab Group
- Siemens AG
For more information visit http://www.researchandmarkets.com/research/l66hjq/road_safety