China Road Safety Market to 2032
Overview
The China Road Safety Market is expected to reach a 681.62 USD Million by 2032 and is projected to grow at a CAGR of 17.61% from 2025 to 2032.
Revenue, 2024 (USD Million)
289.38
Forecast, 2032 (USD Million)
681.62
CAGR, 2024 - 2032
17.61%
Report Coverage
China
China Road Safety Market 2018-2032 USD Million
China Road Safety Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 289.38 USD Million
- Projected Market Size (2032): 681.62 USD Million
- CAGR (2025-2032): 17.61%
Key Findings of China Road Safety Market
- The China Road Safety Market was valued at 289.38 USD Million in 2024.
- The China Road Safety Market is likely to grow at a CAGR of 17.61% 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 182.73 USD Million
- The fastest growing segment Cities in Road Type Segment grew Fastest with a CAGR of 18.60% during the forecast period from 2024 to 2032.
China Road Safety Market Scope
China Road Safety Market Segmentation & Scope
Road Type
- Others
- Rural Roads
- Highways
- Cities
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
Component
- Services
- Solutions
China Road Safety Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 289.38 USD Million |
| Market Value in 2032 | 681.62 USD Million |
| CAGR (2025-2032) | 17.61% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Road Type,Technology,Component |
Regional Insights:
-
Leading Market (2024-2032): China, leading in terms of revenue 289.38 USD Million in 2024
- Key Country: China, leading in terms of revenue with value of 289.38 USD Million in 2024.
Segments and Scope
-
China Road Safety Market to 2032, By Road Type
- Cities is the largest segment in China Road Safety Market to 2032 with a revenue of 129.57 USD Million in the year 2024.
- Cities is the Fastest growing segment in China Road Safety Market to 2032 with a Growth rate of 18.60 % in forecast period 2025-2032.
-
China Road Safety Market to 2032, By Technology
- Surveillance is the largest segment in China Road Safety Market to 2032 with a revenue of 105.73 USD Million in the year 2024.
- Surveillance is the Fastest growing segment in China Road Safety Market to 2032 with a Growth rate of 18.27 % in forecast period 2025-2032.
-
China Road Safety Market to 2032, By Component
- Solutions is the largest segment in China Road Safety Market to 2032 with a revenue of 182.73 USD Million in the year 2024.
- Solutions is the Fastest growing segment in China Road Safety Market to 2032 with a Growth rate of 17.93 % in forecast period 2025-2032.
China Road Safety Market Company Share Analysis
| Company Name |
|
||
| Motorola Solutions, Inc. | |||
| Siemens | |||
| Conduent, Inc. | |||
| Jenoptik AG | |||
| Kapsch TrafficCom AG | |||
China Road Safety Market Geographical Sales Distribution, 2018-2032 USD Million
China Road Safety Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The China Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
China Road Safety Market was valued at USD 289.38(Revenue in USD Million) in 2020.
China Road Safety Market is projected to grow at a CAGR of 17.61% during the forecast period of 2024 to 2032.
The Solutions segment is expected to dominate the China Road Safety Market, holding a largest market share of 182.73 USD Million in 2024
China Road Safety Market Scope
China 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 China Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
China Road Safety Market was valued at USD 289.38(Revenue in USD Million) in 2020.
China Road Safety Market is projected to grow at a CAGR of 17.61% during the forecast period of 2024 to 2032.
The estimated market value of the China Road Safety Market for final year is USD 681.62 (USD Million).
China Road Safety Market Company Profiling
Frequently Asked Questions
The China Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
China Road Safety Market was valued at USD 289.38(Revenue in USD Million) in 2020.
China Road Safety Market is projected to grow at a CAGR of 17.61% during the forecast period of 2024 to 2032.
The estimated market value of the China Road Safety Market for final year is USD 681.62 (USD Million).
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