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Global Road Safety Market to Reach US$5. 1 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Road Safety estimated at US$2. 9 Billion in the year 2020, is projected to reach a revised size of US$5.New York, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Road Safety Industry" - https://www.reportlinker.com/p05959912/?utm_source=GNW 1 Billion by 2027, growing at a CAGR of 8.2% over the period 2020-2027.Solutions, one of the segments analyzed in the report, is projected to grow at a 8.6% CAGR to reach US$3.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 7.6% CAGR for the next 7-year period. This segment currently accounts for a 40.8% share of the global Road Safety market. The U.S. Accounts for Over 28.9% of Global Market Size in 2020, While China is Forecast to Grow at a 11.2% CAGR for the Period of 2020-2027 The Road Safety market in the U.S. is estimated at US$841.5 Million in the year 2020. The country currently accounts for a 28.89% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$902 Million in the year 2027 trailing a CAGR of 11.2% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.6% and 7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR while Rest of European market (as defined in the study) will reach US$902 Million by the year 2027.We bring years of research experience to this 9th edition of our report. The 182-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Competitors identified in this market include, among others, * AABMATICA Technologies Pvt. Ltd. * American Traffic Solutions * Clearview Intelligence Ltd. * Conduent, Inc. * Cubic Corporation * Dahua Technology Co., Ltd. * FLIR Systems, Inc. * IDEMIA * Information Engineers Group Inc. * Jenoptik AG * Kapsch TrafficCom AG * Kria s.r.l. * Laser Technology, Inc. * Motorola Solutions, Inc. * Optotraffic, LLC. * Redflex Holdings Ltd. * Sensys Gatso Group AB * Siemens AG * SWARCO AG * Syntell (Pty) Ltd. * Thales Group * Traffic Management Technologies (TMT) * Trifoil LLC * Truvelo (UK) Limited * VITRONIC Dr.-Ing. Stein Bildverarbeitungssysteme GmbH Read the full report: https://www.reportlinker.com/p05959912/?utm_source=GNW I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Impact of Covid-19 and a Looming Global Recession Global Competitor Market Shares Road Safety Competitor Market Share Scenario Worldwide (in %): 2018E 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE Table 1: World Current & Future Analysis for Road Safety by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 2: World Historic Review for Road Safety by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 3: World 15-Year Perspective for Road Safety by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2018 & 2027 Table 4: World Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 5: World Historic Review for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 6: World 15-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2018 & 2027 Table 7: World Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 8: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 9: World 15-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2018 & 2027 III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Road Safety Market Share (in %) by Company: 2018 & 2027 Market Analytics Table 10: USA Current & Future Analysis for Road Safety by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 11: USA Historic Review for Road Safety by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 12: USA 15-Year Perspective for Road Safety by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2012, 2018 & 2027 CANADA Table 13: Canada Current & Future Analysis for Road Safety by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 14: Canada Historic Review for Road Safety by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 15: Canada 15-Year Perspective for Road Safety by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2012, 2018 & 2027 JAPAN Table 16: Japan Current & Future Analysis for Road Safety by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 17: Japan Historic Review for Road Safety by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 18: Japan 15-Year Perspective for Road Safety by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2012, 2018 & 2027 CHINA Table 19: China Current & Future Analysis for Road Safety by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 20: China Historic Review for Road Safety by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 21: China 15-Year Perspective for Road Safety by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2012, 2018 & 2027 EUROPE Market Facts & Figures European Road Safety Market: Competitor Market Share Scenario (in %) for 2018 & 2027 Market Analytics Table 22: Europe Current & Future Analysis for Road Safety by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales... 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By Chris Kirkham and Benjamin Lesser (Reuters) - Miguel Cabezola, a driver for United Parcel Service Inc in Tucson, Arizona, complained on March 27 to U.S. workplace safety regulators, alleging the company was taking a lax approach to social distancing, sanitizing equipment and quarantining workers with COVID-19 symptoms. He hoped for an inspection of the facility that would force changes to protect worker safety. Instead, the state arm of the U.S. Occupational Safety and Health Administration (OSHA) summarized Cabezola's concerns in an email to company management, reviewed the UPS response and closed the file. Over the next two months, a COVID-19 outbreak infected more than 40 Tucson UPS workers - including a manager who eventually died - and caused delivery delays throughout southern Arizona, according to interviews with six Tucson UPS workers and local union officials of the International Brotherhood of Teamsters. Cabezola's complaint to the regulator, along with that of another worker in May, had zero effect, said Karla Schumann, head of the local Teamsters union representing UPS workers. Asked about the outbreak, UPS expressed regret about the manager's death and said it has strengthened protocols requiring social distancing and sanitation since the early days of the pandemic. The UPS outbreak is among dozens of cases identified by Reuters where OSHA largely disregarded workers who reported lax pandemic safety practices, according to agency records. Reuters identified the workplace outbreaks through federal, state and local government data and news accounts detailing infections and deaths. The news agency examined the regulatory response through OSHA data on complaints filed by workers and records of resulting inspections. Reuters identified 106 U.S. workplaces where employees complained of slipshod pandemic safety practices around the time of outbreaks - and regulators either never inspected the facilities or, in some cases, waited months to do so, according to the OSHA records. The agency never inspected 70 of those workplaces, where at least 4,500 workers were infected by the coronavirus and 26 died after contracting COVID-19, according to the Reuters analysis. The workers' regulatory complaints came from a cross-section of companies that included some of America's best-known firms, including Tesla Inc and Tyson Foods Inc . As of mid-December, just 12 of the 106 facilities have been penalized in response to workers' complaints. The complaints came from a wide range of workplaces, from meatpacking plants and factories to e-commerce warehouses and nursing homes. Their employees alleged failures to enforce social distancing and mask-wearing; managers pressuring sick employees to work; and a lack of notification to employees about co-workers' infections. The 106 cases represent a sample of how OSHA has responded to the public health crisis. Reuters was unable to conduct a comprehensive examination of how the agency responded to safety complaints, infections and deaths because most state and local governments do not track or publicize data on workplace outbreaks. UPS spokesman Matt O'Connor said the company's safety practices have evolved over time as health authorities updated public guidance about COVID-19 and as personal protective equipment became more available after early shortages. The company, he said, had appropriate infection-control protocols in place at the time the manager died. He said UPS takes swift action in response to workers' reports of lax safety practices. The federal agency's acting leader, Loren Sweatt, said in a statement that the allegations in the cases the news organization cited do not reflect the totality of OSHA's efforts to keep workers safe and unfairly disparage dedicated OSHA inspectors across the country. Trevor Laky, a spokesman for Arizona's OSHA affiliate, said the agency was not aware of the Tucson UPS manager's death until Reuters inquired about it in December. All companies are required to report work-related deaths to OSHA. O'Connor, of UPS, said the firm did not report the manager's death from COVID-19 - amid a workplace outbreak - because its own contact tracing determined that the manager had not been in close contact with infected employees. Laky, of Arizona OSHA, said the agency has no plans to investigate the matter further after UPS told regulators that the death was not work-related. OSHA is the nation's workplace safety watchdog, tasked with preventing on-the-job injuries and illnesses. Federal OSHA enforces workplace safety in about half of the states, while OSHA-affiliated state agencies carry out those duties in the rest of the country. State OSHA agencies are overseen by state governors and the federal agency and must, at a minimum, enforce federal workplace safety regulations. When OSHA agencies receive worker complaints, officials decide whether to conduct inspections that can lead to fines and requirements to address dangerous working conditions. But regulators never inspected nearly two-thirds of the 106 workplaces where Reuters identified outbreaks, according to the OSHA data on worker complaints and agency workplace inspections. Some of the remaining workplaces received an inspection months after the disease struck, often following negative publicity over outbreaks that sometimes included deaths. Of the 106 workplaces examined by Reuters, 27 had workers who died from COVID-19. OSHA inspected fewer than half of those 27 workplaces - despite agency guidelines saying COVID-19 fatalities should receive top priority. Overall, federal and state OSHA agencies have conducted 44% fewer workplace inspections between March - when coronavirus started to spread widely in the United States - and the end of December, compared to the same period in 2019. The declining inspections came despite what one OSHA official, during congressional testimony in May, called a big increase in worker complaints because of the pandemic. Even in workplaces that OSHA has designated as high exposure risk for COVID-19 infection - mostly healthcare facilities - few complaints lead to inspections. OSHA has closed out complaints from about 1,800 hospitals and nursing homes nationwide, but only about 15% of them have been inspected so far during the pandemic, the Reuters review of OSHA data shows. OSHA fined about one in five of those inspected facilities. In a written statement, federal OSHA said that protecting workers from the pandemic is the agency's top priority, and that it has conducted 1,396 COVID-19 inspections as of mid-December in workplaces with more than 618,000 employees. The U.S. agency said it investigates every complaint and has closed out more than 80% of the more than 13,000 COVID-19 complaints it had received through mid-December. That figure does not include the complaints made to state OSHA affiliates. A Reuters review of state and federal OSHA case files on worker complaints, obtained through public records requests, shows those investigations were often cursory and rarely resulted in inspections. Instead, officials typically emailed employers a complaint summary, as they did with UPS, and asked for a response within a week. If the employer responded, the agency closed out the case. Researchers at Harvard University's school of public health found a correlation between a rise in OSHA complaints in a specific region and a rise in COVID-19 deaths within four weeks in the same area. The peer-reviewed research, published in November, found that OSHA's failure to respond to such complaints is a missed opportunity to stop disease transmission in workplaces and the community at large. NO COVID-19 STANDARDS, LOW FINES The coronavirus pandemic has presented OSHA with a steep challenge in fielding thousands of additional complaints. And OSHA has historically been starved of investigative resources - a trend that continued during the Trump administration. The federal agency currently has fewer inspectors than it did in 1975. Still, some former OSHA officials say the agency's hands-off response to the pandemic reflects a notable divergence from the past, even compared to prior Republican administratio... Read more.

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Global Road Safety Market to Reach US$5. 1 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Road Safety estimated at US$2. 9 Billion in the year 2020, is projected to reach a revised size of US$5.New York, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Road Safety Industry" - https://www.reportlinker.com/p05959912/?utm_source=GNW 1 Billion by 2027, growing at a CAGR of 8.2% over the period 2020-2027.Solutions, one of the segments analyzed in the report, is projected to grow at a 8.6% CAGR to reach US$3.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 7.6% CAGR for the next 7-year period. This segment currently accounts for a 40.8% share of the global Road Safety market. The U.S. Accounts for Over 28.9% of Global Market Size in 2020, While China is Forecast to Grow at a 11.2% CAGR for the Period of 2020-2027 The Road Safety market in the U.S. is estimated at US$841.5 Million in the year 2020. The country currently accounts for a 28.89% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$902 Million in the year 2027 trailing a CAGR of 11.2% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.6% and 7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR while Rest of European market (as defined in the study) will reach US$902 Million by the year 2027.We bring years of research experience to this 9th edition of our report. The 182-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Competitors identified in this market include, among others, * AABMATICA Technologies Pvt. Ltd. * American Traffic Solutions * Clearview Intelligence Ltd. * Conduent, Inc. * Cubic Corporation * Dahua Technology Co., Ltd. * FLIR Systems, Inc. * IDEMIA * Information Engineers Group Inc. * Jenoptik AG * Kapsch TrafficCom AG * Kria s.r.l. * Laser Technology, Inc. * Motorola Solutions, Inc. * Optotraffic, LLC. * Redflex Holdings Ltd. * Sensys Gatso Group AB * Siemens AG * SWARCO AG * Syntell (Pty) Ltd. * Thales Group * Traffic Management Technologies (TMT) * Trifoil LLC * Truvelo (UK) Limited * VITRONIC Dr.-Ing. Stein Bildverarbeitungssysteme GmbH Read the full report: https://www.reportlinker.com/p05959912/?utm_source=GNW I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW Impact of Covid-19 and a Looming Global Recession Global Competitor Market Shares Road Safety Competitor Market Share Scenario Worldwide (in %): 2018E 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE Table 1: World Current & Future Analysis for Road Safety by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 2: World Historic Review for Road Safety by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 3: World 15-Year Perspective for Road Safety by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2018 & 2027 Table 4: World Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 5: World Historic Review for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 6: World 15-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2018 & 2027 Table 7: World Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027 Table 8: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 9: World 15-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2018 & 2027 III. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Road Safety Market Share (in %) by Company: 2018 & 2027 Market Analytics Table 10: USA Current & Future Analysis for Road Safety by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 11: USA Historic Review for Road Safety by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 12: USA 15-Year Perspective for Road Safety by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2012, 2018 & 2027 CANADA Table 13: Canada Current & Future Analysis for Road Safety by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 14: Canada Historic Review for Road Safety by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 15: Canada 15-Year Perspective for Road Safety by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2012, 2018 & 2027 JAPAN Table 16: Japan Current & Future Analysis for Road Safety by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 17: Japan Historic Review for Road Safety by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 18: Japan 15-Year Perspective for Road Safety by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2012, 2018 & 2027 CHINA Table 19: China Current & Future Analysis for Road Safety by Component - Solutions and Services - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027 Table 20: China Historic Review for Road Safety by Component - Solutions and Services Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017 Table 21: China 15-Year Perspective for Road Safety by Component - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2012, 2018 & 2027 EUROPE Market Facts & Figures European Road Safety Market: Competitor Market Share Scenario (in %) for 2018 & 2027 Market Analytics Table 22: Europe Current & Future Analysis for Road Safety by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales... 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