TRAFFIC SAFETY MATERIALS MARKET

INTRODUCTION

Traffic safety equipment creates visible and physical obstacles to aid in traffic flow regulation. Traffic safety equipment is used to guide highway traffic in the event of an accident or road construction, to indicate dangerous bends or medians, and to provide traffic barriers in parking lots and garages.

Road traffic safety refers to the techniques and precautions taken to save other road users from dying or suffering significant injuries. Typical road users include bicycles, pedestrians, drivers, passengers in vehicles, riders on horses, and patrons of on-road public transit (mostly buses and trams).

It comprises protective gear including hard helmets, goggles, gloves, boots, and hearing aids. Additionally, those responsible for building roads must dress in bright, shining orange or yellow. These reflective clothing items are especially crucial at night when vision is poor.

TRAFFIC SAFETY MATERIALS MARKET SIZE AND FORECAST

 The Global Traffic safety materials market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

TRAFFIC SAFETY MATERIALS MARKETNEW PRODUCT LAUNCH

Fia Launches Road Safety Index To Improve Organisations’ Safety Footprint.The FIA is introducing the FIA Road Safety Index in an effort to engage organisations in the drive for safer roads by giving them the tools to assess and enhance their safety footprint.

Similar to carbon footprint calculators, the FIA Road Safety Index offers businesses a mechanism for evaluating their performance in terms of road safety and calculating their safety footprint.

The amount of deaths and badly wounded people brought on by traffic accidents that take place throughout an organisation's full value chain is referred to as its safety footprint.

The Index provides a methodical way to pinpoint an organisation's value chain and evaluate the impact of its assortment of services and goods on traffic safety.

It is based on a ranking system that assesses how well an organisation is managing its influence on safety.In six pilot programmes, the Automobile Club of Uruguay (ACU) has participated. The six-stage evaluation's first three steps, which are generally open to all companies worldwide, were finalised during the pilot period.  

TRAFFIC SAFETY MATERIALS MARKETCOMPANY PROFILE

• Avery Dennison Corp.
• Brady Corp.
• Honeywell International Inc.
• Lindsay Corp.
• RoadSafe Traffic Systems Inc.
• Shenzhen LuMing Traffic Equipment Co. Ltd.
• SWARCO AG

TRAFFIC SAFETY MATERIALS MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Traffic safety materials are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Traffic safety materials and key vendor selection criteria
3. Where is the Traffic safety materials manufactured? What is the average margin per unit?
4. Market share of Global Traffic safety materials market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Traffic safety materials in-house
6. key predictions for next 5 years in Global Traffic safety materials market
7. Average B-2-B Traffic safety materials market price in all segments
8. Latest trends in Traffic safety materials market, by every market segment
9. The market size (both volume and value) of the Traffic safety materials market in 2024-2030 and every year in between?
10. Production breakup of Traffic safety materials market, by suppliers and their OEM relationship