- The expansion of the automotive industry drives the road studs market as increased vehicle numbers elevate road usage and the need for enhanced safety measures. For instance, the surge in electric vehicle adoption and new car models with advanced features prompts the installation of road studs to improve road visibility and safety. This trend is evident in growing investments in road infrastructure in developing economies such as India and China
- Asia-Pacific dominated the road studs market with the largest revenue share of 40.4% in 2024, driven by rapid urbanization, expanding road infrastructure, and government initiatives to reduce roadway accidents in countries such as China, India, and Japan
- North America is projected to grow at the fastest CAGR of 9.7% from 2025 to 2032, propelled by aging roadway infrastructure upgrades, increased adoption of smart traffic systems, and demand for energy-efficient, solar-powered studs in the U.S. and Canada
- The Highways segment dominated the market with the largest revenue share of 41.2% in 2024, owing to the large-scale deployment of road studs for lane marking, speed control, and nighttime visibility enhancement
