Vehicle Speed Monitoring System Market, Global Outlook and Forecast 2023-2029

Report ID: MMG100172 | Category: Service & Software | Pages: 66 | Format: PDF | Published Date: July 12,2023

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Report Summary

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.
This report aims to provide a comprehensive presentation of the global market for Vehicle Speed Monitoring System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vehicle Speed Monitoring System. This report contains market size and forecasts of Vehicle Speed Monitoring System in global, including the following market information:
Global Vehicle Speed Monitoring System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Vehicle Speed Monitoring System market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Radar-Based Systems Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Vehicle Speed Monitoring System include Pricol limited, Datazone Systems LLC, Fleetmatics Development Limited, Truvelo Manufacturers, Traffic Technology Ltd, MOTO Safety, AIRCO Auto Instruments, Technopurple and SMG Security Systems Inc, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vehicle Speed Monitoring System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vehicle Speed Monitoring System Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Vehicle Speed Monitoring System Market Segment Percentages, by Type, 2022 (%)
    Radar-Based Systems
    Laser-Based Systems
    Ultrasonic-Based Systems
    Camera-Based Monitoring System
Global Vehicle Speed Monitoring System Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Vehicle Speed Monitoring System Market Segment Percentages, by Application, 2022 (%)
    Fleet Monitoring
    Vehicle Scheduling
    Route Monitoring
    Driver Monitoring & Accident Analysis
Global Vehicle Speed Monitoring System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Vehicle Speed Monitoring System Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vehicle Speed Monitoring System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Vehicle Speed Monitoring System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vehicle Speed Monitoring System, market overview.
Chapter 2: Global Vehicle Speed Monitoring System market size in revenue.
Chapter 3: Detailed analysis of Vehicle Speed Monitoring System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vehicle Speed Monitoring System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Vehicle Speed Monitoring System Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Vehicle Speed Monitoring System Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Vehicle Speed Monitoring System Overall Market Size
    2.1 Global Vehicle Speed Monitoring System Market Size: 2022 VS 2029
    2.2 Global Vehicle Speed Monitoring System Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Vehicle Speed Monitoring System Players in Global Market
    3.2 Top Global Vehicle Speed Monitoring System Companies Ranked by Revenue
    3.3 Global Vehicle Speed Monitoring System Revenue by Companies
    3.4 Top 3 and Top 5 Vehicle Speed Monitoring System Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Vehicle Speed Monitoring System Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Vehicle Speed Monitoring System Players in Global Market
        3.6.1 List of Global Tier 1 Vehicle Speed Monitoring System Companies
        3.6.2 List of Global Tier 2 and Tier 3 Vehicle Speed Monitoring System Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Vehicle Speed Monitoring System Market Size Markets, 2022 & 2029
        4.1.2 Radar-Based Systems
        4.1.3 Laser-Based Systems
        4.1.4 Ultrasonic-Based Systems
        4.1.5 Camera-Based Monitoring System
    4.2 By Type - Global Vehicle Speed Monitoring System Revenue & Forecasts
        4.2.1 By Type - Global Vehicle Speed Monitoring System Revenue, 2018-2023
        4.2.2 By Type - Global Vehicle Speed Monitoring System Revenue, 2024-2029
        4.2.3 By Type - Global Vehicle Speed Monitoring System Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Vehicle Speed Monitoring System Market Size, 2022 & 2029
        5.1.2 Fleet Monitoring
        5.1.3 Vehicle Scheduling
        5.1.4 Route Monitoring
        5.1.5 Driver Monitoring & Accident Analysis
    5.2 By Application - Global Vehicle Speed Monitoring System Revenue & Forecasts
        5.2.1 By Application - Global Vehicle Speed Monitoring System Revenue, 2018-2023
        5.2.2 By Application - Global Vehicle Speed Monitoring System Revenue, 2024-2029
        5.2.3 By Application - Global Vehicle Speed Monitoring System Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Vehicle Speed Monitoring System Market Size, 2022 & 2029
    6.2 By Region - Global Vehicle Speed Monitoring System Revenue & Forecasts
        6.2.1 By Region - Global Vehicle Speed Monitoring System Revenue, 2018-2023
        6.2.2 By Region - Global Vehicle Speed Monitoring System Revenue, 2024-2029
        6.2.3 By Region - Global Vehicle Speed Monitoring System Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Vehicle Speed Monitoring System Revenue, 2018-2029
        6.3.2 US Vehicle Speed Monitoring System Market Size, 2018-2029
        6.3.3 Canada Vehicle Speed Monitoring System Market Size, 2018-2029
        6.3.4 Mexico Vehicle Speed Monitoring System Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Vehicle Speed Monitoring System Revenue, 2018-2029
        6.4.2 Germany Vehicle Speed Monitoring System Market Size, 2018-2029
        6.4.3 France Vehicle Speed Monitoring System Market Size, 2018-2029
        6.4.4 U.K. Vehicle Speed Monitoring System Market Size, 2018-2029
        6.4.5 Italy Vehicle Speed Monitoring System Market Size, 2018-2029
        6.4.6 Russia Vehicle Speed Monitoring System Market Size, 2018-2029
        6.4.7 Nordic Countries Vehicle Speed Monitoring System Market Size, 2018-2029
        6.4.8 Benelux Vehicle Speed Monitoring System Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Vehicle Speed Monitoring System Revenue, 2018-2029
        6.5.2 China Vehicle Speed Monitoring System Market Size, 2018-2029
        6.5.3 Japan Vehicle Speed Monitoring System Market Size, 2018-2029
        6.5.4 South Korea Vehicle Speed Monitoring System Market Size, 2018-2029
        6.5.5 Southeast Asia Vehicle Speed Monitoring System Market Size, 2018-2029
        6.5.6 India Vehicle Speed Monitoring System Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Vehicle Speed Monitoring System Revenue, 2018-2029
        6.6.2 Brazil Vehicle Speed Monitoring System Market Size, 2018-2029
        6.6.3 Argentina Vehicle Speed Monitoring System Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Vehicle Speed Monitoring System Revenue, 2018-2029
        6.7.2 Turkey Vehicle Speed Monitoring System Market Size, 2018-2029
        6.7.3 Israel Vehicle Speed Monitoring System Market Size, 2018-2029
        6.7.4 Saudi Arabia Vehicle Speed Monitoring System Market Size, 2018-2029
        6.7.5 UAE Vehicle Speed Monitoring System Market Size, 2018-2029
7 Vehicle Speed Monitoring System Companies Profiles
    7.1 Pricol limited
        7.1.1 Pricol limited Company Summary
        7.1.2 Pricol limited Business Overview
        7.1.3 Pricol limited Vehicle Speed Monitoring System Major Product Offerings
        7.1.4 Pricol limited Vehicle Speed Monitoring System Revenue in Global Market (2018-2023)
        7.1.5 Pricol limited Key News & Latest Developments
    7.2 Datazone Systems LLC
        7.2.1 Datazone Systems LLC Company Summary
        7.2.2 Datazone Systems LLC Business Overview
        7.2.3 Datazone Systems LLC Vehicle Speed Monitoring System Major Product Offerings
        7.2.4 Datazone Systems LLC Vehicle Speed Monitoring System Revenue in Global Market (2018-2023)
        7.2.5 Datazone Systems LLC Key News & Latest Developments
    7.3 Fleetmatics Development Limited
        7.3.1 Fleetmatics Development Limited Company Summary
        7.3.2 Fleetmatics Development Limited Business Overview
        7.3.3 Fleetmatics Development Limited Vehicle Speed Monitoring System Major Product Offerings
        7.3.4 Fleetmatics Development Limited Vehicle Speed Monitoring System Revenue in Global Market (2018-2023)
        7.3.5 Fleetmatics Development Limited Key News & Latest Developments
    7.4 Truvelo Manufacturers
        7.4.1 Truvelo Manufacturers Company Summary
        7.4.2 Truvelo Manufacturers Business Overview
        7.4.3 Truvelo Manufacturers Vehicle Speed Monitoring System Major Product Offerings
        7.4.4 Truvelo Manufacturers Vehicle Speed Monitoring System Revenue in Global Market (2018-2023)
        7.4.5 Truvelo Manufacturers Key News & Latest Developments
    7.5 Traffic Technology Ltd
        7.5.1 Traffic Technology Ltd Company Summary
        7.5.2 Traffic Technology Ltd Business Overview
        7.5.3 Traffic Technology Ltd Vehicle Speed Monitoring System Major Product Offerings
        7.5.4 Traffic Technology Ltd Vehicle Speed Monitoring System Revenue in Global Market (2018-2023)
        7.5.5 Traffic Technology Ltd Key News & Latest Developments
    7.6 MOTO Safety
        7.6.1 MOTO Safety Company Summary
        7.6.2 MOTO Safety Business Overview
        7.6.3 MOTO Safety Vehicle Speed Monitoring System Major Product Offerings
        7.6.4 MOTO Safety Vehicle Speed Monitoring System Revenue in Global Market (2018-2023)
        7.6.5 MOTO Safety Key News & Latest Developments
    7.7 AIRCO Auto Instruments
        7.7.1 AIRCO Auto Instruments Company Summary
        7.7.2 AIRCO Auto Instruments Business Overview
        7.7.3 AIRCO Auto Instruments Vehicle Speed Monitoring System Major Product Offerings
        7.7.4 AIRCO Auto Instruments Vehicle Speed Monitoring System Revenue in Global Market (2018-2023)
        7.7.5 AIRCO Auto Instruments Key News & Latest Developments
    7.8 Technopurple
        7.8.1 Technopurple Company Summary
        7.8.2 Technopurple Business Overview
        7.8.3 Technopurple Vehicle Speed Monitoring System Major Product Offerings
        7.8.4 Technopurple Vehicle Speed Monitoring System Revenue in Global Market (2018-2023)
        7.8.5 Technopurple Key News & Latest Developments
    7.9 SMG Security Systems Inc
        7.9.1 SMG Security Systems Inc Company Summary
        7.9.2 SMG Security Systems Inc Business Overview
        7.9.3 SMG Security Systems Inc Vehicle Speed Monitoring System Major Product Offerings
        7.9.4 SMG Security Systems Inc Vehicle Speed Monitoring System Revenue in Global Market (2018-2023)
        7.9.5 SMG Security Systems Inc Key News & Latest Developments
    7.10 Ideal Solutions Company
        7.10.1 Ideal Solutions Company Company Summary
        7.10.2 Ideal Solutions Company Business Overview
        7.10.3 Ideal Solutions Company Vehicle Speed Monitoring System Major Product Offerings
        7.10.4 Ideal Solutions Company Vehicle Speed Monitoring System Revenue in Global Market (2018-2023)
        7.10.5 Ideal Solutions Company Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Vehicle Speed Monitoring System Market, Global Outlook and Forecast 2023-2029

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