Key Market Indicators
Road casualties in Canada are projected to decrease to 147,100 by 2026. This is a 0.6% drop from the 2021 figure of 152,650. Since 2015, the figure has fallen by an average of 1.6% each year. In 2021, Russia overtook Canada, becoming the country with the highest number of road casualties at 152,650. Germany, Italy and Russia respectively came in second, third and fourth place in this ranking.
Canada Road Safety Market Data and Forecasts
How much will Canada Road Safety Market grow to 2026?More in Road Safety Industry for 2027
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In the vehicle manufacturing industry, the increasing demand for advanced safety features has instigated a surge in technological innovation. New technologies such as Automatic Emergency Braking (AEB), Lane Departure Warning, and Telematics have been developed to reduce traffic accidents and increase occupant safety. The integration of such technologies in modern...Read more
The road safety sector is witnessing several significant breakthroughs. Breakthroughs include the use of artificial intelligence and machine learning in traffic management, the rise of autonomous vehicles, and increased use of telematics for real-time monitoring. These advancements are aimed at improving safety metrics, reducing traffic congestion, and enhancing overall operational...Read more
In recent years, the Traffic Signal sector has been characterized by growing stringency in traffic regulations and an increased focus on safety measures. This has led to the development and implementation of more advanced traffic signals and sensors. Additionally, technological advancements have triggered trends such as the integration of AI...Read more