Air Sea Logistics & Automotive Transportation News

New study: Traffic safety system market report

Automotive and Transportation Market Research

The global traffic safety system market is driven by continuous increase in accidents and fatalities; introduction of technologically advanced safety systems; growth in innovations in traffic safety products; and rise in transport infrastructure investment to enhance operational performance of traffic management, road transport, vehicle tracking, and road networks.

Atraffic safety systemplays a crucial role in road safety management for drivers and pedestrians. This system consists of equipment and services designed to prevent and reduce the risk of accidents, control curb errant vehicle movement, and ensure a safe commute for every individual.

The components of a traffic safety system include truck escape ramps, median barriers and end treatments, crash cushions, guardrail, and breakaway supports for signs and light standards.

Negative impact of weather on traffic safety systems and its lengthy transaction cycles limit the market growth.

Furthermore, surge in number of government initiatives and investments is expected to provide numerous opportunities for development.

The global traffic safety system market is segmented on the basis of end user, product, and region. End users covered in this study include commercial, industrial, and municipal sectors.

Based on product, the market is categorized into traffic vests and rainwear, tube delineators, traffic cones, traffic barricades, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players operating in the global traffic safety system market include 3M, Honeywell International Inc., Ergodyne, Traffic Safety Store, Emedco, MCR Safety, Pexco Davidson Traffic Control Products, RoadSafe Traffic Systems, Inc., Roadtech Manufacturing, and The Cortina Companies.

Traffic Safety System Market Key Segments

By End User

  • Commercial

  • Industrial

  • Municipal

By Product

  • Traffic Vests and Rainwear

  • Tube Delineators

  • Traffic Cones

  • Traffic Barricades

  • Others

By Region

  • North America

  • U.S.

  • Canada

  • Mexico

  • Europe

  • UK

  • Germany

  • France

  • Russia

  • Rest of Europe

  • Asia-Pacific

  • China

  • India

  • Japan

  • Australia

  • Rest of Asia-Pacific

  • LAMEA

  • Latin America

  • Middle East

  • Africa

Key Market Players Profiled in the Report

  • 3M

  • Honeywell International Inc.

  • Ergodyne

  • Traffic Safety Store

  • Emedco

  • MCR Safety

  • Pexco Davidson Traffic Control Products

  • RoadSafe Traffic Systems, Inc.

  • Roadtech Manufacturing

  • The Cortina Companies

News From

Allied Market Research - Powering Enterprises through Business IntelligenceAllied Market Research
Category: Market Research Publishers and RetailersCompany about: Allied Market Research is a global market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market dom ...
This email address is being protected from spambots. You need JavaScript enabled to view it.