Latin America, Middle East and Africa Road Safety Market Size to register a growth of 13.3% CAGR

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According to a new report LAMEA Road Safety Market, published by KBV research, the LAMEA Road Safety Market Size would witness market growth of 13.3% CAGR during the forecast period (2018-2024).

The Brazil market dominated the LAMEA Enforcement Solution Market by Country in 2017, growing at a CAGR of 11.2 % during the forecast period. The Saudi Arabia market is expected to witness a CAGR of 11% during (2018-2024). Additionally, The UAE market is expected to witness a CAGR of 10.6% during (2018-2024).

The Solution market dominated the UAE Road Safety Market by Component in 2017, thereby, achieving a market value of $49.6 million by 2024. The Services market is expected to witness a CAGR of 13.8% during (2018-2024).

Full Report:

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Latin America, Middle East and Africa Road Safety Market have been discussed in the report with the elaborated company profiles of Thales Group S.A., IDEMIA, Flir Systems, Inc., Zhejiang Dahua Technology Co. Ltd., Jenoptik, Cubic Corporation, Sensys Gatso Group, Redflex Holdings, Traffic Management Technologies and Clearview Intelligence.

LAMEA Road Safety Market Size Segmentation

  • Solution
    • Enforcement Solution
      • Red Light Enforcement
      • Speed Enforcement
      • Bus Lane & Section Enforcement
    • Automatic License Plate Recognition/Automatic Number Plate Recognition
    • Incident Detection & Response and Others
  • Services
    • Professional
    • Managed

By Country

  • Brazil Road Safety Market
  • Argentina Road Safety Market
  • UAE Road Safety Market
  • Saudi Arabia Road Safety Market
  • South Africa Road Safety Market
  • Nigeria Road Safety Market
  • Rest of Latin America, Middle East and Africa Road Safety Market

Companies Profiled

  • Thales Group S.A.
  • Flir Systems, Inc.
  • Zhejiang Dahua Technology Co. Ltd.
  • Jenoptik
  • Cubic Corporation
  • Sensys Gatso Group
  • Redflex Holdings
  • Traffic Management Technologies
  • Clearview Intelligence

Related Reports:

Global Road Safety Market

North America Road Safety Market

Europe Road Safety Market

Asia Pacific Road Safety Market


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