The global vehicle speed monitoring system market is projected to experience a compound annual growth rate (CAGR) of 19.5% during the forecast period. It is expected to reach an estimated value of USD 157.01 billion by 2032, rising from USD…
Tag: Vehicle Speed Monitoring System Market
According to FMI, due to the increasing demand throughout the course of the projected period, a CAGR of 19.5% is anticipated for the global market for vehicle speed monitoring systems. It is projected to increase in value from US$ 26.44…
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…