Saudi Arabia Road Safety Market to 2032
Overview
The Saudi Arabia Road Safety Market is expected to reach a 301.55 USD Million by 2032 and is projected to grow at a CAGR of 15.42% from 2025 to 2032.
Revenue, 2024 (USD Million)
140.60
Forecast, 2032 (USD Million)
301.55
CAGR, 2024 - 2032
15.42%
Report Coverage
Saudi Arabia
Saudi Arabia Road Safety Market 2018-2032 USD Million
Saudi Arabia Road Safety Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 140.60 USD Million
- Projected Market Size (2032): 301.55 USD Million
- CAGR (2025-2032): 15.42%
Key Findings of Saudi Arabia Road Safety Market
- The Saudi Arabia Road Safety Market was valued at 140.60 USD Million in 2024.
- The Saudi Arabia Road Safety Market is likely to grow at a CAGR of 15.42% 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 93.70 USD Million
- The fastest growing segment Cities in Road Type Segment grew Fastest with a CAGR of 16.21% during the forecast period from 2024 to 2032.
Saudi Arabia Road Safety Market Scope
Saudi Arabia Road Safety Market Segmentation & Scope
Road Type
- Others
- Rural Roads
- Highways
- Cities
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
Component
- Services
- Solutions
Saudi Arabia Road Safety Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 140.60 USD Million |
| Market Value in 2032 | 301.55 USD Million |
| CAGR (2025-2032) | 15.42% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Road Type,Technology,Component |
Regional Insights:
-
Leading Market (2024-2032): Saudi Arabia, leading in terms of revenue 140.60 USD Million in 2024
- Key Country: Saudi Arabia, leading in terms of revenue with value of 140.60 USD Million in 2024.
Segments and Scope
-
Saudi Arabia Road Safety Market to 2032, By Road Type
- Cities is the largest segment in Saudi Arabia Road Safety Market to 2032 with a revenue of 74.43 USD Million in the year 2024.
- Cities is the Fastest growing segment in Saudi Arabia Road Safety Market to 2032 with a Growth rate of 16.21 % in forecast period 2025-2032.
-
Saudi Arabia Road Safety Market to 2032, By Technology
- Surveillance is the largest segment in Saudi Arabia Road Safety Market to 2032 with a revenue of 76.59 USD Million in the year 2024.
- Surveillance is the Fastest growing segment in Saudi Arabia Road Safety Market to 2032 with a Growth rate of 15.97 % in forecast period 2025-2032.
-
Saudi Arabia Road Safety Market to 2032, By Component
- Solutions is the largest segment in Saudi Arabia Road Safety Market to 2032 with a revenue of 93.70 USD Million in the year 2024.
- Solutions is the Fastest growing segment in Saudi Arabia Road Safety Market to 2032 with a Growth rate of 15.78 % in forecast period 2025-2032.
Saudi Arabia Road Safety Market Company Share Analysis
| Company Name |
|
||
| Motorola Solutions, Inc. | |||
| Siemens | |||
| Conduent, Inc. | |||
| Jenoptik AG | |||
| Kapsch TrafficCom AG | |||
Saudi Arabia Road Safety Market Geographical Sales Distribution, 2018-2032 USD Million
Saudi Arabia Road Safety Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Saudi Arabia Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
Saudi Arabia Road Safety Market was valued at USD 140.60(Revenue in USD Million) in 2020.
Saudi Arabia Road Safety Market is projected to grow at a CAGR of 15.42% during the forecast period of 2024 to 2032.
The Solutions segment is expected to dominate the Saudi Arabia Road Safety Market, holding a largest market share of 93.70 USD Million in 2024
Saudi Arabia Road Safety Market Scope
Saudi Arabia 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 Saudi Arabia Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
Saudi Arabia Road Safety Market was valued at USD 140.60(Revenue in USD Million) in 2020.
Saudi Arabia Road Safety Market is projected to grow at a CAGR of 15.42% during the forecast period of 2024 to 2032.
The estimated market value of the Saudi Arabia Road Safety Market for final year is USD 301.55 (USD Million).
Saudi Arabia Road Safety Market Company Profiling
Frequently Asked Questions
The Saudi Arabia Road Safety Market is segmented based on Segmentation Road Type,Technology,Component.
Saudi Arabia Road Safety Market was valued at USD 140.60(Revenue in USD Million) in 2020.
Saudi Arabia Road Safety Market is projected to grow at a CAGR of 15.42% during the forecast period of 2024 to 2032.
The estimated market value of the Saudi Arabia Road Safety Market for final year is USD 301.55 (USD Million).
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