DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Traffic Safety Equipment Market 2017-2021" report to their offering.
The analysts forecast the global traffic safety equipment market to grow at a CAGR of 6.60% during the period 2017-2021.
Global Traffic Safety Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Most incidences of road crashes occur due to human error, such as speed, drink and drive, and non-compliance with traffic and driving rules. With the rising number of vehicles on the road, accidents, injuries, and fatalities have increased over time.
Every year, on an average 1.5 million people die because of road traffic crashes. Of this figure, around 50% of the people are vulnerable road users, such as pedestrians and motorcyclists.
These road accidents have impacted the traffic safety equipment market as installing traffic cones, delineators, channelizers, and barriers at proper locations can reduce the chances of over-speeding, as well as the severity of injuries. Therefore, traffic engineers and manufacturers are increasing the visibility of traffic safety products by using retroflected borders and tapes.
Other prominent vendors
- Evelux USA
- MCR Safety
- Pexco Davidson Traffic Control Products
- Roadtech Manufacturing
- RoadSafe Traffic Systems
- Tamis Corporation
- The Cortina Companies
- TrafFix Devices
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Decision framework
Part 10: Drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/brcnsd/global_traffic