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Smart Highway Construction Market Sees Promising Growth in 2026

02-11-2020 06:42 PM CET | Industry, Real Estate & Construction

Press release from: allied market research

Smart Highway Construction Market Sees Promising Growth in 2026

The need for safe, reliable and pollution-free road drives the smart highway construction market. Government innovations in achieving safer, cleaner and more efficient roads and the rapid technological changes are the major drivers for this market.

A smart highway consists of photovoltaic pavements that can collect solar energy to be used for vehicle charging facilities for the solar and battery-operated vehicles. Smart highways are the highway roads that are safer, smarter, and more energy-efficient.

Access Full Report: https://www.alliedmarketresearch.com/smart-highway-construction-market

It aims at generating electricity by harnessing solar, wind, and vibration energy. This electricity can be used for electric vehicles, power street lamps, and to power traffic monitoring systems. Electronic Toll Collection (ETC), Variable Message Signs, Lane departure warning system (LDW), Intelligent Transport Systems (ITS) are the technologies to achieve smart highways.

The market is segmented on the basis of source of energy, and source of funding. Based on the source of energy, the market is segmented into solar, wind, and vibration. On the basis of source of funding, the market is segmented into government funding and other funding. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits
o Porter's Five Forces model helps to analyze the potential of buyers & suppliers, and the competitive sketch of the market, which is expected to guide the market players to develop strategies accordingly.
o It outlines the current trends and future scenarios of the market from 2016 to 2023 to understand the prevailing opportunities and investment pockets.
o This report provides an in-depth analysis of the smart highway construction market to identify potential investment pockets.

Download Sample PDF:https://www.alliedmarketresearch.com/request-toc-and-sample/3297

Top Industry Players:

The key players operating in the market includes Continental Engineering Corpo., Heijmans, Nippon Koei Co., Ltd., Schneider Electric, VINCI CONSTRUCTION, ABB Limited., Alcatel-Lucent Enterprise, Cisco, Colas Ltd., and Huawei Technologies Co., Ltd.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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