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. 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

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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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