Australia Road Safety Market to 2032
Overview
The Australia Road Safety Market is expected to reach a 188.92 USD Million by 2032 and is projected to grow at a CAGR of 15.24% from 2025 to 2032.
Revenue, 2024 (USD Million)
88.78
Forecast, 2032 (USD Million)
188.92
CAGR, 2024 - 2032
15.24%
Report Coverage
Australia
Australia Road Safety Market 2018-2032 USD Million
Australia Road Safety Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 88.78 USD Million
- Projected Market Size (2032): 188.92 USD Million
- CAGR (2025-2032): 15.24%
Key Findings of Australia Road Safety Market
- The Australia Road Safety Market was valued at 88.78 USD Million in 2024.
- The Australia Road Safety Market is likely to grow at a CAGR of 15.24% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Solutions in Component Segment accounted for the largest share of the market with a revenue of 58.06 USD Million
- The fastest growing segment Cities in Road Type Segment grew Fastest with a CAGR of 16.00% during the forecast period from 2024 to 2032.
Australia Road Safety Market Scope
Australia Road Safety Market Segmentation & Scope
Component
- Services
- Solutions
Road Type
- Others
- Rural Roads
- Highways
- Cities
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
Australia Road Safety Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 88.78 USD Million |
| Market Value in 2032 | 188.92 USD Million |
| CAGR (2025-2032) | 15.24% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Road Type,Technology |
Regional Insights:
-
Leading Market (2024-2032): Australia, leading in terms of revenue 88.78 USD Million in 2024
- Key Country: Australia, leading in terms of revenue with value of 88.78 USD Million in 2024.
Segments and Scope
-
Australia Road Safety Market to 2032, By Component
- Solutions is the largest segment in Australia Road Safety Market to 2032 with a revenue of 58.06 USD Million in the year 2024.
- Solutions is the Fastest growing segment in Australia Road Safety Market to 2032 with a Growth rate of 15.72 % in forecast period 2025-2032.
-
Australia Road Safety Market to 2032, By Road Type
- Cities is the largest segment in Australia Road Safety Market to 2032 with a revenue of 43.18 USD Million in the year 2024.
- Cities is the Fastest growing segment in Australia Road Safety Market to 2032 with a Growth rate of 16.00 % in forecast period 2025-2032.
-
Australia Road Safety Market to 2032, By Technology
- Surveillance is the largest segment in Australia Road Safety Market to 2032 with a revenue of 42.24 USD Million in the year 2024.
- Surveillance is the Fastest growing segment in Australia Road Safety Market to 2032 with a Growth rate of 15.97 % in forecast period 2025-2032.
Australia Road Safety Market Company Share Analysis
| Company Name |
|
||
| Motorola Solutions, Inc. | |||
| Siemens | |||
| Conduent, Inc. | |||
| Jenoptik AG | |||
| Kapsch TrafficCom AG | |||
Australia Road Safety Market Geographical Sales Distribution, 2018-2032 USD Million
Australia Road Safety Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Australia Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
Australia Road Safety Market was valued at USD 88.78(Revenue in USD Million) in 2020.
Australia Road Safety Market is projected to grow at a CAGR of 15.24% during the forecast period of 2024 to 2032.
The Solutions segment is expected to dominate the Australia Road Safety Market, holding a largest market share of 58.06 USD Million in 2024
Australia Road Safety Market Scope
Australia Road Safety Market Segmentation & Scope
Component
- Services
- Solutions
Road Type
- Others
- Rural Roads
- Highways
- Cities
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
Frequently Asked Questions
The Australia Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
Australia Road Safety Market was valued at USD 88.78(Revenue in USD Million) in 2020.
Australia Road Safety Market is projected to grow at a CAGR of 15.24% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Road Safety Market for final year is USD 188.92 (USD Million).
Australia Road Safety Market Company Profiling
Frequently Asked Questions
The Australia Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
Australia Road Safety Market was valued at USD 88.78(Revenue in USD Million) in 2020.
Australia Road Safety Market is projected to grow at a CAGR of 15.24% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Road Safety Market for final year is USD 188.92 (USD Million).
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