Spain Road Safety Market to 2032

Overview

The Spain Road Safety Market is expected to reach a 333.64 USD Million by 2032 and is projected to grow at a CAGR of 16.36% from 2025 to 2032.

Revenue, 2024 (USD Million)
149.20
Forecast, 2032 (USD Million)
333.64
CAGR, 2024 - 2032
16.36%
Report Coverage
Spain

Spain Road Safety Market 2018-2032 USD Million

Spain Road Safety Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 149.20 USD Million
  • Projected Market Size (2032): 333.64 USD Million
  • CAGR (2025-2032): 16.36%

Key Findings of Spain Road Safety Market

  • The Spain Road Safety Market was valued at 149.20 USD Million in 2024.
  • The Spain Road Safety Market is likely to grow at a CAGR of 16.36% 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 96.13 USD Million
  • The fastest growing segment Surveillance in Technology Segment grew Fastest with a CAGR of 17.25% during the forecast period from 2024 to 2032.

Spain Road Safety Market Scope

Spain Road Safety Market Segmentation & Scope
Component
  • Services
  • Solutions
Road Type
  • Others
  • Rural Roads
  • Highways
  • Cities
Technology
  • Analytics
  • Radar
  • Sensors-Based Devices
  • Surveillance

Spain Road Safety Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Million
Market Value in 2024 149.20 USD Million
Market Value in 2032 333.64 USD Million
CAGR (2025-2032) 16.36%
Historic Data 2016-2023
Market Segments Covered Component,Road Type,Technology

Regional Insights:

  • Leading Market (2024-2032): Spain, leading in terms of revenue 149.20 USD Million in 2024
    • Key Country: Spain, leading in terms of revenue with value of 149.20 USD Million in 2024.

Segments and Scope

  • Spain Road Safety Market to 2032, By Component
    • Solutions is the largest segment in Spain Road Safety Market to 2032 with a revenue of 96.13 USD Million in the year 2024.
    • Solutions is the Fastest growing segment in Spain Road Safety Market to 2032 with a Growth rate of 16.66 % in forecast period 2025-2032.
  • Spain Road Safety Market to 2032, By Road Type
    • Cities is the largest segment in Spain Road Safety Market to 2032 with a revenue of 72.30 USD Million in the year 2024.
    • Cities is the Fastest growing segment in Spain Road Safety Market to 2032 with a Growth rate of 16.97 % in forecast period 2025-2032.
  • Spain Road Safety Market to 2032, By Technology
    • Surveillance is the largest segment in Spain Road Safety Market to 2032 with a revenue of 60.73 USD Million in the year 2024.
    • Surveillance is the Fastest growing segment in Spain Road Safety Market to 2032 with a Growth rate of 17.25 % in forecast period 2025-2032.

Spain Road Safety Market Company Share Analysis

 
Company Name Company Share Analysis
Motorola Solutions, Inc.
Siemens
Conduent, Inc.
Jenoptik AG
Kapsch TrafficCom AG
Spain Road Safety Market Company Share Analysis

Spain Road Safety Market Geographical Sales Distribution, 2018-2032 USD Million

Spain Road Safety Market Geographical Sales Distribution, 2018-2032 USD Million

Spain Road Safety Market Company Profiling

Spain Road Safety Market Company Profiling
Frequently Asked Questions
The Spain Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
Spain Road Safety Market was valued at USD 149.20(Revenue in USD Million) in 2020.
Spain Road Safety Market is projected to grow at a CAGR of 16.36% during the forecast period of 2024 to 2032.
The Solutions segment is expected to dominate the Spain Road Safety Market, holding a largest market share of 96.13 USD Million in 2024

Spain Road Safety Market Scope

Spain 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 Spain Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
Spain Road Safety Market was valued at USD 149.20(Revenue in USD Million) in 2020.
Spain Road Safety Market is projected to grow at a CAGR of 16.36% during the forecast period of 2024 to 2032.
The estimated market value of the Spain Road Safety Market for final year is USD 333.64 (USD Million).

Spain Road Safety Market Company Profiling

Spain Road Safety Market Company Profiling
Frequently Asked Questions
The Spain Road Safety Market is segmented based on Segmentation Component,Road Type,Technology.
Spain Road Safety Market was valued at USD 149.20(Revenue in USD Million) in 2020.
Spain Road Safety Market is projected to grow at a CAGR of 16.36% during the forecast period of 2024 to 2032.
The estimated market value of the Spain Road Safety Market for final year is USD 333.64 (USD Million).

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