Canada Road Safety Market to 2032
Overview
The Canada Road Safety Market is expected to reach a 873.52 USD Million by 2032 and is projected to grow at a CAGR of 15.41% from 2025 to 2032.
Revenue, 2024 (USD Million)
407.25
Forecast, 2032 (USD Million)
873.52
CAGR, 2024 - 2032
15.41%
Report Coverage
Canada
Canada Road Safety Market 2018-2032 USD Million
Canada Road Safety Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 407.25 USD Million
- Projected Market Size (2032): 873.52 USD Million
- CAGR (2025-2032): 15.41%
Key Findings of Canada Road Safety Market
- The Canada Road Safety Market was valued at 407.25 USD Million in 2024.
- The Canada Road Safety Market is likely to grow at a CAGR of 15.41% 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 258.96 USD Million
- The fastest growing segment Highways in Road Type Segment grew Fastest with a CAGR of 16.51% during the forecast period from 2024 to 2032.
Canada Road Safety Market Scope
Canada Road Safety Market Segmentation & Scope
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
Component
- Services
- Solutions
Road Type
- Others
- Cities
- Rural Roads
- Highways
Canada Road Safety Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 407.25 USD Million |
| Market Value in 2032 | 873.52 USD Million |
| CAGR (2025-2032) | 15.41% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Technology,Component,Road Type |
Regional Insights:
-
Leading Market (2024-2032): Canada, leading in terms of revenue 407.25 USD Million in 2024
- Key Country: Canada, leading in terms of revenue with value of 407.25 USD Million in 2024.
Segments and Scope
-
Canada Road Safety Market to 2032, By Technology
- Surveillance is the largest segment in Canada Road Safety Market to 2032 with a revenue of 153.17 USD Million in the year 2024.
- Surveillance is the Fastest growing segment in Canada Road Safety Market to 2032 with a Growth rate of 16.25 % in forecast period 2025-2032.
-
Canada Road Safety Market to 2032, By Component
- Solutions is the largest segment in Canada Road Safety Market to 2032 with a revenue of 258.96 USD Million in the year 2024.
- Solutions is the Fastest growing segment in Canada Road Safety Market to 2032 with a Growth rate of 15.82 % in forecast period 2025-2032.
-
Canada Road Safety Market to 2032, By Road Type
- Highways is the largest segment in Canada Road Safety Market to 2032 with a revenue of 186.64 USD Million in the year 2024.
- Highways is the Fastest growing segment in Canada Road Safety Market to 2032 with a Growth rate of 16.51 % in forecast period 2025-2032.
Canada Road Safety Market Company Share Analysis
| Company Name |
|
||
| Motorola Solutions, Inc. | |||
| Siemens | |||
| Conduent, Inc. | |||
| Jenoptik AG | |||
| Kapsch TrafficCom AG | |||
Canada Road Safety Market Geographical Sales Distribution, 2018-2032 USD Million
Canada Road Safety Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Canada Road Safety Market is segmented based on Segmentation Technology,Component,Road Type.
Canada Road Safety Market was valued at USD 407.25(Revenue in USD Million) in 2020.
Canada Road Safety Market is projected to grow at a CAGR of 15.41% during the forecast period of 2024 to 2032.
The Solutions segment is expected to dominate the Canada Road Safety Market, holding a largest market share of 258.96 USD Million in 2024
Canada Road Safety Market Scope
Canada Road Safety Market Segmentation & Scope
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
Component
- Services
- Solutions
Road Type
- Others
- Cities
- Rural Roads
- Highways
Frequently Asked Questions
The Canada Road Safety Market is segmented based on Segmentation Technology,Component,Road Type.
Canada Road Safety Market was valued at USD 407.25(Revenue in USD Million) in 2020.
Canada Road Safety Market is projected to grow at a CAGR of 15.41% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Road Safety Market for final year is USD 873.52 (USD Million).
Canada Road Safety Market Company Profiling
Frequently Asked Questions
The Canada Road Safety Market is segmented based on Segmentation Technology,Component,Road Type.
Canada Road Safety Market was valued at USD 407.25(Revenue in USD Million) in 2020.
Canada Road Safety Market is projected to grow at a CAGR of 15.41% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Road Safety Market for final year is USD 873.52 (USD Million).
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