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Global Smart Highway Construction Market, 2021-2028 | Industry Analysis with Top Leading Players

05-25-2021 04:17 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
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. Lack of drivers training for the smart highways and also the lack of government funding proves to be the major hindrance to the growth of the market. Moreover, the growing smart city adoption trend is expected to create a huge number of opportunities in future.

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Smart highways are the highway roads that are safer, smarter, and more energy efficient. 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 the smart highways.

Global Smart Highway Construction Market by Source of Energy (Solar, Wind, And Vibration), Source Of Funding (Government Funding, And Other Funding) and Geography

Key players

Continental Engineering Corpo.
Heijmans
Nippon Koei Co., Ltd.
Schneider Electric
VINCI CONSTRUCTION
ABB Limited.
Alcatel-Lucent Enterprise
Cisco
Colas Ltd.
Huawei Technologies Co., Ltd.

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Key Benefits

Porters 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.

It outlines the current trends and future scenario of the market from 2016 to 2023 to understand the prevailing opportunities and the investment pockets.

This report provides an in-depth analysis of the smart highway construction market to identify the potential investment pockets.

The key drivers, restrains, and opportunities and their detailed impact analyses have been elucidated.

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Contact:
David Correa
Portland, OR, United States
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Fax: +1(855)550-5975
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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