The industry is expected to develop as road accidents occur more frequently worldwide. For example, the World Health Organization (WHO) estimates that 1.25 million vehicle accidents occurred worldwide in 2013; of these, 93% of the recorded road traffic fatalities occurred in low- and middle-income countries, and more than 50 million people were injured. Traffic police utilize Radar Speed Guns to monitor the speed of moving motorcycles, cars, and trucks. This allows drivers easily adjust their own speed, which reduces the likelihood of collisions and blind spot crashes. Thus, it is anticipated that greater use of radar speed guns will improve traffic safety, lowering the frequency of accidents.
Leading Companies in the Radar Speed Gun Industry:
1. RCSpeeds
RCSpeeds was founded in 1906 and its headquarter in Norwalk, Connecticut, United States.The company operates in 160 countries.
2. Stalker Radar
Stalker Radar, was launch in 1977. And its headquarter - Richardson, TX.. It operate over 170 country
3. Geolux d.o.o
Geolux d.o.o,was launch in 2007 and it’s headquarter located in Zagrebacka zupanija Croatia..it operate over 50 country .
4. Escort Ltd
Escort Ltd was launch in 1944 and it’s headquarter located in Faridabad, Haryana india.it operate over 200+ country Escorts Limited, one of India's leading engineering companies, is a partner of choice for farming and construction equipment in the country.