| Product Code: ETC5683872 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Belgium continued to receive a steady flow of road safety import shipments from top exporting countries such as Germany, Metropolitan France, Spain, Japan, and China. Despite the diverse sources, the Herfindahl-Hirschman Index (HHI) indicated very low concentration, reflecting a well-distributed market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.2%, showcasing sustained growth in the industry. However, there was a slight decline in the growth rate from 2023 to 2024, with a decrease of -4.25%, highlighting the need for monitoring potential market fluctuations.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Belgium Road Safety Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Road Safety Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Road Safety Market - Industry Life Cycle |
3.4 Belgium Road Safety Market - Porter's Five Forces |
3.5 Belgium Road Safety Market Revenues & Volume Share, By Solutions, 2021 & 2031F |
3.6 Belgium Road Safety Market Revenues & Volume Share, By Service, 2021 & 2031F |
4 Belgium Road Safety Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives to improve road safety |
4.2.2 Growing awareness among the population about the importance of road safety |
4.2.3 Technological advancements in road safety solutions |
4.3 Market Restraints |
4.3.1 High initial costs associated with implementing advanced road safety measures |
4.3.2 Resistance to change from traditional road safety practices |
4.3.3 Limited funding for road safety projects |
5 Belgium Road Safety Market Trends |
6 Belgium Road Safety Market Segmentations |
6.1 Belgium Road Safety Market, By Solutions |
6.1.1 Overview and Analysis |
6.1.2 Belgium Road Safety Market Revenues & Volume, By Red Light, 2021-2031F |
6.1.3 Belgium Road Safety Market Revenues & Volume, By Speed, 2021-2031F |
6.1.4 Belgium Road Safety Market Revenues & Volume, By Bus Lane, 2021-2031F |
6.1.5 Belgium Road Safety Market Revenues & Volume, By Section Enforcement, 2021-2031F |
6.1.6 Belgium Road Safety Market Revenues & Volume, By ALPR/ANPR, 2021-2031F |
6.2 Belgium Road Safety Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Belgium Road Safety Market Revenues & Volume, By Consulting and Training, 2021-2031F |
6.2.3 Belgium Road Safety Market Revenues & Volume, By System Integration and Deployment, 2021-2031F |
6.2.4 Belgium Road Safety Market Revenues & Volume, By Support and Maintenance, 2021-2031F |
7 Belgium Road Safety Market Import-Export Trade Statistics |
7.1 Belgium Road Safety Market Export to Major Countries |
7.2 Belgium Road Safety Market Imports from Major Countries |
8 Belgium Road Safety Market Key Performance Indicators |
8.1 Number of road accidents and fatalities |
8.2 Percentage of road infrastructure equipped with advanced safety features |
8.3 Level of public awareness campaigns conducted by government and organizations |
8.4 Adoption rate of new road safety technologies |
8.5 Compliance rate with road safety regulations and standards |
9 Belgium Road Safety Market - Opportunity Assessment |
9.1 Belgium Road Safety Market Opportunity Assessment, By Solutions, 2021 & 2031F |
9.2 Belgium Road Safety Market Opportunity Assessment, By Service, 2021 & 2031F |
10 Belgium Road Safety Market - Competitive Landscape |
10.1 Belgium Road Safety Market Revenue Share, By Companies, 2024 |
10.2 Belgium Road Safety Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |