Press release
Global Smart Roads Market Outlook to 2025 Lead By IBM, Cisco, Xerox, Schneider Electric, Kapsch AG, Calvary Robotics, LG CNS, Huawei, Indra Sistemas, S.A., Siemens AG and Alcatel-lucent S.A.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Global Smart Roads Market based on Technology, services, Display and Deployment. It also provides market size and forecast till 2025 for overall smart roads market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report smart roads market covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.Some of the key players influencing the smart roads market are Siemens AG, Alcatel-lucent S.A., International Business Machines Corporation (IBM), Cisco Systems, Inc., Xerox Corporation, Schneider Electric SE, Kapsch AG, Calvary Robotics, LG CNS, Huawei Technologies Co., Indra Sistemas, S.A. among others.
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Rapid growth in metropolitan area and technological advancement across the world is giving rise to heavy traffic congestions with an increased risk of accidents. Which arises the need of innovative projects such as Smart Roads. Roads which are smart enough to intimate the vehicle about the object ahead of it to reduce the risk of any uncertainties, roads which are capable enough to manage the traffic by providing better traffic management systems. Smart Roads is one such project, in which roads will be equipped with number of sensors, detectors, and devices to turn the roads into smart roads.
Increased global traffic mark, heavy traffic congestion, need for safety and growing technologies are some of the major drivers for global smart roads market where as issues such as affordability of fund by the government, lack of technical knowledge works as few restraining factor for the market. Smart roads will add new opportunities for this market in the forecast period.
Table of Contents:
1 Introduction
2 Key Takeaways
3 Smart Roads Market Landscape
4 Smart Roads Market - Key Industry Dynamics
5 Smart Roads Market Analysis- Global
6 Smart Roads Market Revenue and Forecasts to 2025 –Solutions
7 Smart Roads Market Revenue and Forecasts to 2025 – Service
8 Smart Roads Market Revenue and Forecasts to 2025 - Deployment Type
9 Smart Roads Market Revenue and Forecasts to 2025 - Industry Vertical
10 Smart Roads Market Revenue and Forecasts to 2025 - Geographical Analysis
11 Industry Landscape
12 Competitive Landscape
13 Smart Roads Market, Key Company Profiles
14 Appendix
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