Europe Road Safety Market to 2032
Overview
The Europe Road Safety Market is expected to reach a 3.45 USD Billion by 2032 and is projected to grow at a CAGR of 16.54% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.53
Forecast, 2032 (USD Billion)
3.45
CAGR, 2024 - 2032
16.54%
Report Coverage
Europe
Europe Road Safety Market 2018-2032 USD Billion
Europe Road Safety Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.53 USD Billion
- Projected Market Size (2032): 3.45 USD Billion
- CAGR (2025-2032): 16.54%
Key Findings of Europe Road Safety Market
- The Europe Road Safety Market was valued at 1.53 USD Billion in 2024.
- The Europe Road Safety Market is likely to grow at a CAGR of 16.54% 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 0.98 USD Billion
- The fastest growing segment Cities in Road Type Segment grew Fastest with a CAGR of 17.23% during the forecast period from 2024 to 2032.
Europe Road Safety Market Scope
Europe Road Safety Market Segmentation & Scope
Road Type
- Others
- Rural Roads
- Highways
- Cities
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
Component
- Services
- Solutions
Europe Road Safety Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.53 USD Billion |
| Market Value in 2032 | 3.45 USD Billion |
| CAGR (2025-2032) | 16.54% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Road Type,Technology,Component |
Regional Insights:
-
Leading Market (2024-2032): Europe, leading in terms of revenue 1.53 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 309.30 USD Million in 2024.
Segments and Scope
-
Europe Road Safety Market to 2032, By Road Type
- Cities is the largest segment in Europe Road Safety Market to 2032 with a revenue of 738.26 USD Billion in the year 2024.
- Cities is the Fastest growing segment in Europe Road Safety Market to 2032 with a Growth rate of 17.23 % in forecast period 2025-2032.
-
Europe Road Safety Market to 2032, By Technology
- Surveillance is the largest segment in Europe Road Safety Market to 2032 with a revenue of 621.48 USD Billion in the year 2024.
- Surveillance is the Fastest growing segment in Europe Road Safety Market to 2032 with a Growth rate of 17.18 % in forecast period 2025-2032.
-
Europe Road Safety Market to 2032, By Component
- Solutions is the largest segment in Europe Road Safety Market to 2032 with a revenue of 984.55 USD Billion in the year 2024.
- Solutions is the Fastest growing segment in Europe Road Safety Market to 2032 with a Growth rate of 16.91 % in forecast period 2025-2032.
Europe Road Safety Market Company Share Analysis
| Company Name |
|
||
| Motorola Solutions, Inc. | |||
| Siemens | |||
| Conduent, Inc. | |||
| Jenoptik AG | |||
| Kapsch TrafficCom AG | |||
Europe Road Safety Market Geographical Sales Distribution, 2018-2032 USD Billion
Europe Road Safety Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Europe Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
Europe Road Safety Market was valued at USD 1.53(Revenue in USD Billion) in 2020.
Europe Road Safety Market is projected to grow at a CAGR of 16.54% during the forecast period of 2024 to 2032.
The Solutions segment is expected to dominate the Europe Road Safety Market, holding a largest market share of 0.98 USD Billion in 2024
Europe Road Safety Market Scope
Europe 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 Europe Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
Europe Road Safety Market was valued at USD 1.53(Revenue in USD Billion) in 2020.
Europe Road Safety Market is projected to grow at a CAGR of 16.54% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Road Safety Market for final year is USD 3.45 (USD Billion).
Europe Road Safety Market Company Profiling
Frequently Asked Questions
The Europe Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
Europe Road Safety Market was valued at USD 1.53(Revenue in USD Billion) in 2020.
Europe Road Safety Market is projected to grow at a CAGR of 16.54% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Road Safety Market for final year is USD 3.45 (USD Billion).
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