Global Vehicle Speed Monitoring System Market 2019 by Company, Regions, Type and Application, Forecast to 2024

SKU ID : GIR- 13566144

Publishing Date : 17-Jun-2019

No. of pages : 124

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  • 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.

    Scope of the Report:
    The global Vehicle Speed Monitoring System market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
    The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
    North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Vehicle Speed Monitoring System.
    Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
    This report studies the Vehicle Speed Monitoring System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Vehicle Speed Monitoring System market by product type and applications/end industries.

    Market Segment by Companies, this report covers
    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 Regions, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Russia and Italy)
    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    South America (Brazil, Argentina, Colombia)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

    Market Segment by Type, covers
    Radar-Based Systems
    Laser-Based Systems
    Ultrasonic-Based Systems
    Camera-Based Monitoring System

    Market Segment by Applications, can be divided into
    Fleet Monitoring
    Vehicle Scheduling
    Route Monitoring
    Driver Monitoring & Accident Analysis

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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