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Smart Highway Market Analysis By Industry Value, Market Size, Top Companies And Growth Forecast To 2027

04-07-2021 01:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Smart Highway Market Analysis By Industry Value, Market Size,

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. It helps to monitor the traffic levels, condition of the road, and the speed of vehicles. The increasing trend towards the automation and adoption of smart cities has boosted the smart highway market. Additionally, the increase in investment in the infrastructure of highways is also catalyzing market growth.

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MARKET DYNAMICS

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.

Companies Mentioned:

1.Alcatel-Lucent
2.Cisco systems Inc
3.Heijmans N.V.
4.Huawei Technologies Co., Ltd
5.IBM Corporation
6.Kapsch AG
7.Nippon Koei Co., Ltd.
8.Schneider Electric SE
9.Siemens AG
10.Transstroy

The "Global Smart Highway Market Analysis to 2027" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of smart highway market with detailed market segmentation by technology, services and geography. The global smart highway market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart highway market players and offers key trends and opportunities in the market.

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

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Key Benefits

• The study provides an in-depth analysis of the global Smart Highway Market to elucidate the prominent investment pockets.
• Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
• The report provides information related to key drivers, restraints, and opportunities and their impact analysis.
• The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.
Every crucial and decisive detail for the development of the market and the restraining factors that may hamper the market in near future is mentioned with solutions in the report. Segmentation of the Smart Highway Market are studied specifically to give profound knowledge for supplementary market investments.

Contact Us:

Call: +1-646-491-9876
Email: sales@theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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