Transportation Safety Market Expected to Reach $62.96 Billion by 2018 - Report by MarketsandMarkets

Transportation Safety Market research report majorly focuses on the system and technologies placed at infrastructure, market drivers, restraints, trends, opportunities, and challenges. (http://www.marketsandmarkets.com/Market-Reports/transportation-safety-security-market-1287.html)

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInShare on PinterestEmail a friend
MarketsandMarkets

MarketsandMarkets

Major Players of Transportation Safety Market are Alstom, Honeywell International, Kapsch, L-3 Communications, Lockheed Martin, Orbcomm, Rapiscan Systems, Raytheon Company, Rockwell Collins, Safran Group and many more.

(PRWEB) May 17, 2014

The report "Transportation Safety and Transportation Security Market Modes (Airways; Seaways; Roadways; Railways); Systems (Access Control; Surveillance, Scanning, Screening, Tracking, Navigation, Fire Safety): - Worldwide Market Forecasts -2018" defines and segments the global transportation safety and security market into various sub-segments with in-depth analysis and forecasting of revenues. This report also identifies drivers and restraints for this market with insights into latest trends, opportunities, and challenges.

Browse 98 market data tables and 22 figures spread through 200 pages and in-depth TOC on “Transportation Safety and Transportation Security Market."
http://www.marketsandmarkets.com/Market-Reports/transportation-safety-security-market-1287.html

Early buyers will receive 10% customization on this report.

Get copy of sample request at http://www.marketsandmarkets.com/requestsample.asp?id=1287.

MarketsandMarkets has segmented this market by modes of transportation (airways, seaways, railways, and roadways); regions; and services. All the modes of transport are further segmented on the basis of ‘infrastructure’ and ‘mode’ safety and security. Infrastructure safety and security systems includes, passenger screening and scanning system, cargo inspection system, secure communication system, intrusion detection and perimeter protection system, fire detection and protection system, video surveillance and access control. Mode security solutions comprise of traffic control system, tracking and navigation system, and mode safety and security systems. By regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA).

The major driving forces which are enabling the growth of this market is constant need of public safety, massive infrastructural development, higher Return on Investment (ROI) from enhanced security, and business continuity. The significant rise in this market is due to development of critical transportation infrastructural facilities, new transportation-related projects across the globe. The increasing threats, catastrophic accidents, and natural and unnatural disasters have also been the influencing factors for the growth of this market.

Some of the solutions which are gaining traction and investment from various vendors are integration software, Security/Software-as-a-Service (SaaS), integration of command and control system with communication systems, and advanced imaging technology. The various solution providers including Thales, Saab, Honeywell International, and Alstom are reinforcing their business operations into the emerging markets and offer integrated solutions on unified platforms to reduce the overall cost and enhance the efficiency. Also, these vendors have uniquely positioned themselves in the market with propagation of new product developments and lucrative partnerships and acquisitions.

MarketsandMarkets forecasts the global transportation safety and transportation security market is expected to grow $62.96 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 10.7% during forecasted period. North America (NA) is expected to be the biggest contributor in terms of revenue contribution, while the growing markets Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA), are expected to experience increased market traction with high CAGR’s, during the forecast period

Inquiry before buying at http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1287.

Browse Related Reports

Road Safety Market by Types (Highways and Bridges Safety, Urban Roads Safety and Tunnels Safety) & Systems (Red Light Enforcement, Speed Limit Enforcement, Bus Lane Enforcement, Communication, Incident Detection) - Worldwide Market Forecast (2014-2019)
http://www.marketsandmarkets.com/Market-Reports/road-safety-market-93636585.html

Passenger Information System Market [Display, Announcement, Emergency Communication, Infotainment, Mobile Applications, Devices and Components, Services (Professional, Integration, Cloud)] - Worldwide Market Forecasts and Analysis (2014 - 2019)
http://www.marketsandmarkets.com/Market-Reports/passenger-information-system-market-200574830.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog at http://www.marketsandmarketsblog.com/market-reports/telecom-it.
Connect with us on LinkedIn at http://www.linkedin.com/company/marketsandmarkets.


Contact

Follow us on: Contact's Google Plus