South America Road Safety Market to 2032
Overview
The South America Road Safety Market is expected to reach a 637.07 USD Million by 2032 and is projected to grow at a CAGR of 14.33% from 2025 to 2032.
Revenue, 2024 (USD Million)
311.74
Forecast, 2032 (USD Million)
637.07
CAGR, 2024 - 2032
14.33%
Report Coverage
South America
South America Road Safety Market 2018-2032 USD Million
South America Road Safety Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 311.74 USD Million
- Projected Market Size (2032): 637.07 USD Million
- CAGR (2025-2032): 14.33%
Key Findings of South America Road Safety Market
- The South America Road Safety Market was valued at 311.74 USD Million in 2024.
- The South America 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 200.59 USD Million
- The fastest growing segment Cities in Road Type Segment grew Fastest with a CAGR of 15.21% during the forecast period from 2024 to 2032.
South America Road Safety Market Scope
South America Road Safety Market Segmentation & Scope
Component
- Services
- Solutions
Road Type
- Others
- Rural Roads
- Highways
- Cities
Technology
- Analytics
- Radar
- Sensors-Based Devices
- Surveillance
South America Road Safety Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 311.74 USD Million |
| Market Value in 2032 | 637.07 USD Million |
| CAGR (2025-2032) | 14.33% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Road Type,Technology |
Regional Insights:
-
Leading Market (2024-2032): South America, leading in terms of revenue 311.74 USD Million in 2024
- Key Country: Brazil, leading in terms of revenue with value of 205.59 USD Million in 2024.
Segments and Scope
-
South America Road Safety Market to 2032, By Component
- Solutions is the largest segment in South America Road Safety Market to 2032 with a revenue of 200.59 USD Million in the year 2024.
- Solutions is the Fastest growing segment in South America Road Safety Market to 2032 with a Growth rate of 14.68 % in forecast period 2025-2032.
-
South America Road Safety Market to 2032, By Road Type
- Cities is the largest segment in South America Road Safety Market to 2032 with a revenue of 153.25 USD Million in the year 2024.
- Cities is the Fastest growing segment in South America Road Safety Market to 2032 with a Growth rate of 15.21 % in forecast period 2025-2032.
-
South America Road Safety Market to 2032, By Technology
- Surveillance is the largest segment in South America Road Safety Market to 2032 with a revenue of 131.79 USD Million in the year 2024.
- Surveillance is the Fastest growing segment in South America Road Safety Market to 2032 with a Growth rate of 15.14 % in forecast period 2025-2032.
South America Road Safety Market Company Share Analysis
| Company Name |
|
||
| Motorola Solutions, Inc. | |||
| Siemens | |||
| Conduent, Inc. | |||
| Jenoptik AG | |||
| Kapsch TrafficCom AG | |||
South America Road Safety Market Geographical Sales Distribution, 2018-2032 USD Million
South America Road Safety Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South America Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
South America Road Safety Market was valued at USD 311.74(Revenue in USD Million) in 2020.
South America 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 South America Road Safety Market, holding a largest market share of 200.59 USD Million in 2024
South America Road Safety Market Scope
South America 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 South America Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
South America Road Safety Market was valued at USD 311.74(Revenue in USD Million) in 2020.
South America 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 South America Road Safety Market for final year is USD 637.07 (USD Million).
South America Road Safety Market Company Profiling
Frequently Asked Questions
The South America Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
South America Road Safety Market was valued at USD 311.74(Revenue in USD Million) in 2020.
South America 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 South America Road Safety Market for final year is USD 637.07 (USD Million).
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