marketreport
United States Road Safety Market Size, Trends, & Forecast 2024-32
United States Road Safety Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 3.33% (2024-2032)
The public cloud sector in the U.S. continues to grow rapidly, driven by innovation, scalability, and increasing enterprise adoption. According to the latest report by IMARC Group, the United States road safety market size is projected to exhibit a growth rate (CAGR) of 3.33% during 2024-2032.
Download sample copy of the Report: https://www.imarcgroup.com/united-states-road-safety-market/requestsample
United States Road Safety Trends and Drivers:
The U.S. road safety market is growing. More people now know about road safety measures. Also, the number of vehicles on the road keeps rising. AI and IoT are changing road safety. Their advancements are reshaping the industry. Smart traffic management, vehicle connectivity, and real-time data help improve road safety. These features help traffic flow and prevent dangerous situations. They give drivers timely alerts and predictive information. Strict rules and government incentives are pushing the market to adopt better safety technology. NHTSA says all new crashworthy vehicles must have automatic emergency braking (AEB) systems by 2025. So, with new regulations, big investments in road safety solutions become sustainable. This is because regular people want safer roads.
A key trend in the U.S. road safety market is the increased focus on protecting pedestrians and cyclists. As cities get busier, vulnerable road users face greater risks. So, many cities are adopting new safety measures. These safety measures would include the deployment of pedestrian detection systems, improvements in crosswalk visibility, and dedicated bike lanes. As electric vehicles (EVs) and autonomous vehicles (AVs) gain popularity, they create both challenges and opportunities. EVs are quieter and have low emissions. However, their quietness can be risky for pedestrians. This led to the creation of the acoustic vehicle alerting system (AVAS). AV promises to reduce human error, a major cause of accidents. However, effective implementation requires intensive testing and faces regulatory challenges. Public and private partnerships are key to solving these challenges. Companies team up with local governments to test smart city projects. These projects aim to make the streets safer and promote sustainable urban mobility. Road safety is key in the U.S. It offers chances for innovation and teamwork. The goal is to save lives, which will keep driving market growth.
We explore the factors propelling the United States road safety market growth, including technological advancements, consumer behaviors, and regulatory changes.
United States Road Safety Industry Segmentation:
The report has segmented the market into the following categories:
Offering Insights:
- Solution
- Enforcement Solution
- ALPR or ANPR (Automatic License Plate Recognition/Automatic Number)
- Incident Detection and Response
- Others
- Services
- System Integration and Deployment
- Support and Maintenance
- Consulting and Training
Regional Insights:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined, along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current, and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
Street: Morgan Park QLD 4370
City/Town: Warwick
State/Province/Region: Queensland
Country: Australia
Zip/Postal Code: 4370
Email: sales@imarcgroup.com
Phone Number: +1-631-791-1145
by marketreport on 2025-03-06 02:03:14
No comments yet.