Belgium Road Safety Market to 2032
Overview
The Belgium Road Safety Market is expected to reach a 120.74 USD Million by 2032 and is projected to grow at a CAGR of 14.17% from 2025 to 2032.
Revenue, 2024 (USD Million)
59.47
Forecast, 2032 (USD Million)
120.74
CAGR, 2024 - 2032
14.17%
Report Coverage
Belgium
Belgium Road Safety Market 2018-2032 USD Million
Belgium Road Safety Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 59.47 USD Million
- Projected Market Size (2032): 120.74 USD Million
- CAGR (2025-2032): 14.17%
Key Findings of Belgium Road Safety Market
- The Belgium Road Safety Market was valued at 59.47 USD Million in 2024.
- The Belgium Road Safety Market is likely to grow at a CAGR of 14.17% 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 39.06 USD Million
- The fastest growing segment Surveillance in Technology Segment grew Fastest with a CAGR of 15.00% during the forecast period from 2024 to 2032.
Belgium Road Safety Market Scope
Belgium Road Safety Market Segmentation & Scope
Road Type
- Others
- Rural Roads
- Highways
- Cities
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
Component
- Services
- Solutions
Belgium Road Safety Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 59.47 USD Million |
| Market Value in 2032 | 120.74 USD Million |
| CAGR (2025-2032) | 14.17% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Road Type,Technology,Component |
Regional Insights:
-
Leading Market (2024-2032): Belgium, leading in terms of revenue 59.47 USD Million in 2024
- Key Country: Belgium, leading in terms of revenue with value of 59.47 USD Million in 2024.
Segments and Scope
-
Belgium Road Safety Market to 2032, By Road Type
- Cities is the largest segment in Belgium Road Safety Market to 2032 with a revenue of 31.53 USD Million in the year 2024.
- Cities is the Fastest growing segment in Belgium Road Safety Market to 2032 with a Growth rate of 14.77 % in forecast period 2025-2032.
-
Belgium Road Safety Market to 2032, By Technology
- Surveillance is the largest segment in Belgium Road Safety Market to 2032 with a revenue of 27.28 USD Million in the year 2024.
- Surveillance is the Fastest growing segment in Belgium Road Safety Market to 2032 with a Growth rate of 15.00 % in forecast period 2025-2032.
-
Belgium Road Safety Market to 2032, By Component
- Solutions is the largest segment in Belgium Road Safety Market to 2032 with a revenue of 39.06 USD Million in the year 2024.
- Solutions is the Fastest growing segment in Belgium Road Safety Market to 2032 with a Growth rate of 14.36 % in forecast period 2025-2032.
Belgium Road Safety Market Company Share Analysis
| Company Name |
|
||
| Motorola Solutions, Inc. | |||
| Siemens | |||
| Conduent, Inc. | |||
| Jenoptik AG | |||
| Kapsch TrafficCom AG | |||
Belgium Road Safety Market Geographical Sales Distribution, 2018-2032 USD Million
Belgium Road Safety Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Belgium Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
Belgium Road Safety Market was valued at USD 59.47(Revenue in USD Million) in 2020.
Belgium Road Safety Market is projected to grow at a CAGR of 14.17% during the forecast period of 2024 to 2032.
The Solutions segment is expected to dominate the Belgium Road Safety Market, holding a largest market share of 39.06 USD Million in 2024
Belgium Road Safety Market Scope
Belgium Road Safety Market Segmentation & Scope
Road Type
- Others
- Rural Roads
- Highways
- Cities
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
Component
- Services
- Solutions
Frequently Asked Questions
The Belgium Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
Belgium Road Safety Market was valued at USD 59.47(Revenue in USD Million) in 2020.
Belgium Road Safety Market is projected to grow at a CAGR of 14.17% during the forecast period of 2024 to 2032.
The estimated market value of the Belgium Road Safety Market for final year is USD 120.74 (USD Million).
Belgium Road Safety Market Company Profiling
Frequently Asked Questions
The Belgium Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
Belgium Road Safety Market was valued at USD 59.47(Revenue in USD Million) in 2020.
Belgium Road Safety Market is projected to grow at a CAGR of 14.17% during the forecast period of 2024 to 2032.
The estimated market value of the Belgium Road Safety Market for final year is USD 120.74 (USD Million).
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