Road speed limiter is necessary due to increase in traffic and incidents involving trauma and accidents. The application of a speed limiter guarantees the security of the car and its occupants.
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The growing emphasis on road safety is one of the main factors anticipated to propel market expansion. Governments all across the globe are working to increase road safety. One such strategy that is being widely used to lower the risk of accidents and increase road safety is the usage of speed limiters.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Road Speed Limiter Market by Product Type
- Adjustable Speed Limiter
- Intelligent Speed Limiter
Global Road Speed Limiter Market by Application
- Passenger vehicle
- Hatchback
- Sedan
- SUV
- Commercial vehicle
- Light commercial vehicle
- Heavy commercial vehicle
- Buses & coaches
Global Road Speed Limiter Market by Sales Channel
- OEM
- Aftermarket
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East & Africa
Company Profiles
- Autograde Industries Pvt. Ltd.
- AVS LTD.
- Elson GmbH
- GRL Engineers
- Highway Digital
- IMPCO Technologies
- MicroAutotech
- Pinnacle Systems Ltd.
- Pricol Ltd.
- Rosmerta Technologies Ltd.
- SABO Electronic Technology
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global road speed limiter market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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