Road Safety Market Report 2026

The road safety market size has grown rapidly in recent years. It will grow from $4.65 billion in 2025 to $5.18 billion in 2026 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to increasing road traffic volumes, expansion of urban road networks, rising awareness of accident prevention, adoption of traffic enforcement technologies, growth of fleet safety initiatives.

The road safety market size is expected to see rapid growth in the next few years. It will grow to $7.92 billion in 2030 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to increasing investments in smart road infrastructure, rising demand for real-time traffic analytics, expansion of connected vehicle safety systems, growing focus on reducing road fatalities, increasing adoption of ai-based traffic management. Major trends in the forecast period include increasing deployment of intelligent traffic monitoring systems, rising adoption of automated speed enforcement, growing use of alpr and incident detection solutions, expansion of managed road safety services, enhanced focus on data-driven traffic control.

The rising incidence of road accidents and fatalities is expected to drive the growth of the road safety market in the coming years. Road traffic accidents are incidents involving collisions between two or more objects on roadways that result in serious injuries or loss of life. Road safety systems play a crucial role in monitoring and identifying potential threats, while also supporting the enforcement of safety regulations and educating road users to help prevent accidents. For example, in January 2024, according to Roads Australia, an Australia-based national industry organization, road fatalities reached 1,266 people in 2023, representing an increase of approximately 7.3% compared with the previous twelve-month period. Therefore, the increasing number of road accidents and fatalities is driving the expansion of the road safety market.

Companies operating in the road safety market are increasingly focusing on integrating advanced safety initiatives, such as advanced driver assistance systems, to improve accident prevention, raise driver awareness, and protect vulnerable road users. Advanced driver assistance systems are technology-based safety solutions that integrate sensors, vehicle data, and human-machine interfaces to support drivers through features such as lane centering, hazard detection, and timely interventions. These systems enable improved driver decision-making, proactive safety warnings, and in-vehicle intervention capabilities. For instance, in July 2023, Toyota’s Collaborative Safety Research Center, a US-based research initiative, announced new research projects aimed at enhancing road safety. These initiatives focus on developing driver support technologies for lane centering, creating in-vehicle intervention prototypes, and leveraging data to improve driver decision-making. Additionally, Toyota joined the Vulnerable Road User Injury Prevention Alliance to support research efforts aimed at preventing crashes involving pedestrians and cyclists.

In December 2023, Harvest Partners, a US-based private equity firm, acquired Road Safety Services, Inc. for an undisclosed amount. This acquisition is intended to support the growth and operational advancement of Road Safety Services, reflecting the increasing importance of road safety solutions. Road Safety Services, Inc. is a US-based company that provides a range of road safety services.

Major companies operating in the road safety market are Kapsch TrafficCom AG, Sensys Gatso Group, Redflex Holdings Pty Ltd., Verra Mobility Corp, Teledyne FLIR LLC, Motorola Solutions Inc., Cubic Corporation, Siemens AG, Conduent Inc., Vitronic Machine Vision Ltd., Laser Technology Inc., Syntell Inc., Clearview Intelligence Group Ltd., Zhejiang Dahua Technology Co. Ltd., Truvelo Specialised Manufacturing Ltd., Jenoptik AG, Idemia Identity & Security India Private Ltd., TriFoil Imaging, Swarco Industries Inc., Traffic Management Technologies, Kria Infotech Private Ltd., Simicon GmbH, Minnesota Mining and Manufacturing Company, Iteris Inc., 3M Company.

North America was the largest region in the road safety market in 2025. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the road safety market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the road safety market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The road safety market includes revenues earned by entities by providing rescue operation services, vehicle safety inspection and maintenance, vehicle crash management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.