Singapore Road Safety Market to 2032
Overview
The Singapore Road Safety Market is expected to reach a 137.77 USD Million by 2032 and is projected to grow at a CAGR of 14.33% from 2025 to 2032.
Revenue, 2024 (USD Million)
67.40
Forecast, 2032 (USD Million)
137.77
CAGR, 2024 - 2032
14.33%
Report Coverage
Singapore
Singapore Road Safety Market 2018-2032 USD Million
Singapore Road Safety Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 67.40 USD Million
- Projected Market Size (2032): 137.77 USD Million
- CAGR (2025-2032): 14.33%
Key Findings of Singapore Road Safety Market
- The Singapore Road Safety Market was valued at 67.40 USD Million in 2024.
- The Singapore Road Safety Market is likely to grow at a CAGR of 14.33% 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 44.78 USD Million
- The fastest growing segment Surveillance in Technology Segment grew Fastest with a CAGR of 15.08% during the forecast period from 2024 to 2032.
Singapore Road Safety Market Scope
Singapore Road Safety Market Segmentation & Scope
Component
- Services
- Solutions
Road Type
- Others
- Rural Roads
- Highways
- Cities
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
Singapore Road Safety Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 67.40 USD Million |
| Market Value in 2032 | 137.77 USD Million |
| CAGR (2025-2032) | 14.33% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Road Type,Technology |
Regional Insights:
-
Leading Market (2024-2032): Singapore, leading in terms of revenue 67.40 USD Million in 2024
- Key Country: Singapore, leading in terms of revenue with value of 67.40 USD Million in 2024.
Segments and Scope
-
Singapore Road Safety Market to 2032, By Component
- Solutions is the largest segment in Singapore Road Safety Market to 2032 with a revenue of 44.78 USD Million in the year 2024.
- Solutions is the Fastest growing segment in Singapore Road Safety Market to 2032 with a Growth rate of 14.69 % in forecast period 2025-2032.
-
Singapore Road Safety Market to 2032, By Road Type
- Cities is the largest segment in Singapore Road Safety Market to 2032 with a revenue of 35.16 USD Million in the year 2024.
- Cities is the Fastest growing segment in Singapore Road Safety Market to 2032 with a Growth rate of 14.98 % in forecast period 2025-2032.
-
Singapore Road Safety Market to 2032, By Technology
- Surveillance is the largest segment in Singapore Road Safety Market to 2032 with a revenue of 38.68 USD Million in the year 2024.
- Surveillance is the Fastest growing segment in Singapore Road Safety Market to 2032 with a Growth rate of 15.08 % in forecast period 2025-2032.
Singapore Road Safety Market Company Share Analysis
| Company Name |
|
||
| Motorola Solutions, Inc. | |||
| Siemens | |||
| Conduent, Inc. | |||
| Jenoptik AG | |||
| Kapsch TrafficCom AG | |||
Singapore Road Safety Market Geographical Sales Distribution, 2018-2032 USD Million
Singapore Road Safety Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Singapore Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
Singapore Road Safety Market was valued at USD 67.40(Revenue in USD Million) in 2020.
Singapore Road Safety Market is projected to grow at a CAGR of 14.33% during the forecast period of 2024 to 2032.
The Solutions segment is expected to dominate the Singapore Road Safety Market, holding a largest market share of 44.78 USD Million in 2024
Singapore Road Safety Market Scope
Singapore Road Safety Market Segmentation & Scope
Component
- Services
- Solutions
Road Type
- Others
- Rural Roads
- Highways
- Cities
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
Frequently Asked Questions
The Singapore Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
Singapore Road Safety Market was valued at USD 67.40(Revenue in USD Million) in 2020.
Singapore Road Safety Market is projected to grow at a CAGR of 14.33% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Road Safety Market for final year is USD 137.77 (USD Million).
Singapore Road Safety Market Company Profiling
Frequently Asked Questions
The Singapore Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
Singapore Road Safety Market was valued at USD 67.40(Revenue in USD Million) in 2020.
Singapore Road Safety Market is projected to grow at a CAGR of 14.33% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Road Safety Market for final year is USD 137.77 (USD Million).
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