Road Safety Market to Surpass USD 10.02 Billion by 2030 on Account of Increasing Traffic…
Based on SNS Insider’s research, the road safety market is on a trajectory of sustained growth, with several driving factors propelling its expansion. As governments, industries, and individuals continue to prioritize safety on the roads, the demand for innovative road safety solutions is set to surge.
The SNS Insider report indicates that "The Road Safety Market achieved a valuation of USD 3.05 billion in 2022 and is projected to attain USD 10.02 billion by 2030, experiencing a compound annual growth rate (CAGR) of 17.2% during the forecast period spanning from 2023 to 2030."