Human errors mainly causes most of the accidents and the main cause behind these accidents are vehicle over speeding, distraction while driving, driving after consuming alcohol tailgating, non-adherence to traffic signals, poor lane discipline, etc. However, in most of the countries excessive vehicle speed or speeding on the road has been the major factor for road accidents leading to deadly injuries or even death and its implied costs to the society. For example, close to half of deadly collisions are caused by too much or inappropriate speed in Ireland. The vehicle speed monitoring system is one of the important concerns in order to maintain a safe road. Vehicle speed monitoring system generally follows a framework which includes – detecting vehicle on the road, measuring vehicle speed, checking speed with the speed limit, sending speed data to a central server wirelessly, generating a speed report and sending report to the speed offender. The significance of global Vehicle Speed Monitoring System is that it decreases the risk of accidents and also aids in the prevention of vehicle thefts. Vehicle speed monitoring system helps to find the speed indication of the vehicle in more or less accurate manner and is also easy to implement.
In 2018, the global Vehicle Speed Monitoring System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Vehicle Speed Monitoring System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vehicle Speed Monitoring System development in United States, Europe and China.
The key players covered in this study
Pricol limited
Datazone Systems LLC
Fleetmatics Development Limited
Truvelo Manufacturers
Traffic Technology Ltd
MOTO Safety
AIRCO Auto Instruments
Technopurple
SMG Security Systems Inc
Ideal Solutions Company
Market segment by Type, the product can be split into
Radar-Based Systems
Laser-Based Systems
Ultrasonic-Based Systems
Camera-Based Monitoring System
Market segment by Application, split into
Fleet Monitoring
Vehicle Scheduling
Route Monitoring
Driver Monitoring & Accident Analysis
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Vehicle Speed Monitoring System status, future forecast, growth opportunity, key market and key players.
To present the Vehicle Speed Monitoring System development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Vehicle Speed Monitoring System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Vehicle Speed Monitoring System. Industry analysis & Market Report on Vehicle Speed Monitoring System is a syndicated market report, published as Global Vehicle Speed Monitoring System Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Vehicle Speed Monitoring System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.