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Road Safety Market: Emerging Technologies Transforming Traffic ManagementAccording to a new report by Polaris Market Research, the global road safety market was valued at USD 4.34 billion in 2024 and is projected to reach USD 21.39 billion by 2034, expanding at a CAGR of 17.3% over the forecast period. Growth is underpinned by rising road traffic accidents, expanding government regulations mandating stricter safety compliance, and accelerating adoption of...0 Comments 0 Shares 151 Views 0 Reviews
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Traffic Equipment Market to Reach US$ 14.0 Billion by 2034, Driven by Smart Mobility Initiatives and Expanding Road Safety InvestmentsThe global traffic equipment industry was valued at US$ 7.7 Bn in 2023 and is estimated to grow at a CAGR of 5.6% from 2024 to 2034, reaching US$ 14.0 Bn by the end of 2034. The market is witnessing significant momentum as governments, municipalities, and transportation authorities worldwide continue to prioritize road safety, traffic management, and smart mobility infrastructure. Rising...0 Comments 0 Shares 177 Views 0 Reviews