Press release
Smart Highway Market to 2027 - Global Analysis and Forecasts by key players Alcatel-Lucent, Cisco systems, Heijmans N.V., Huawei Technologies Co., IBM Corporation, Kapsch AG, Nippon Koei and Schneider Electric
Smart highway and smart road are developed to work on illuminating the road such as traffic light, street lighting to improve the operation of autonomous and connected vehicles.Rising need of smart transport management system, better and sustainable highways is driving the smart highway market. Further, the growing demand for safer roads and a decrease in traffic congestion is also driving the market growth. However, inaccurate information, lack of technical knowledge amongst the drivers are hindering the market growth. The development in the travel sector and the need for transport infrastructure is creating opportunities for the smart highway market.
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Some of the major players operating in the market are Alcatel-Lucent, Cisco systems Inc, Heijmans N.V., Huawei Technologies Co., Ltd, IBM Corporation, Kapsch AG, Nippon Koei Co., Ltd., Schneider Electric SE, Siemens AG, and Transstroy
The global smart highway market is segmented on the basis of technology and services. Based on technology, the market is segmented as smart transport management system, smart traffic management system, communication system, monitoring system, and others. On the basis of the services the market is segmented into professional services and managed services
It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart highway market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart highway market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the smart highway market in these regions.
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Table of Contents
1. Introduction
2. Key Takeaways
3. Smart Highway Market Landscape
4. Market – Key Industry Dynamics
5. Smart Highway Market Analysis- Global Analysis
6. Smart Highway Market Revenue And Forecasts To 2027 – Technology
7. Market Revenue And Forecasts To 2027 – Services
8. Market Revenue And Forecasts To 2027 – Geographical Analysis
9. Market Revenue And Forecasts To 2027 – Industry Landscape
10. Competitive Landscape
11. Smart Highway Market, Key Company Profiles
12. Appendix
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