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Asia-Pacific Smart Highway Market Trends, Size, Competitive Analysis and Forecast 2021-2027

06-22-2021 11:32 AM CET | IT, New Media & Software

Press release from: Orion Market Research

Asia-Pacific Smart Highway Market Trends, Size, Competitive

Asia-Pacific smart highway market is anticipated to grow at a CAGR of 20.4% during the forecast period (2021-2027). The rapid development of smart highways across the country owing to the growing interest of public and private authorities is a key factor driving the growth of the smart highway market across the region. In February 2021, Indian PM Narendra Modi has laid the foundation stone of the Integrated Command and Control Centre, and Smart Roads Project in Thiruvananthapuram. With investment cost of $58.5 million the smart road project, envisages converting 37 km of existing roads in Thiruvananthapuram to world-class smart roads by bringing all overhead utilities underneath and undertaking road and junction improvements.

To Request a Sample of our Report on Asia-Pacific Smart Highway Market: https://www.omrglobal.com/request-sample/asia-pacific-smart-highway-market

Further in May 2018, PM Narendra Modi has inaugurated India's first smart and green highway, the 135 km long Kundli-Ghaziabad-Palwal (KGP) Expressway (Eastern Peripheral Expressway). The Eastern Peripheral Expressway is a green highway that is being lit by solar power and at every 500 metres, as there are eight solar power plants on this Expressway, with a capacity of 4000 KW (4 megawatt) for lighting of the underpasses and running solar pumps for watering plants and also having arrangement for rainwater harvesting on both sides at every 500 meters and there is drip irrigation for plants all along the expressway. Such type of transportation development across the region is paving way for the growth of smart highway market across the region.

Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027

Segment Covered-
• By Technology
• By Deployment Model
• By Service
• Competitive Landscape- ABB Ltd., 3M Co., AT & T Inc., Cisco Systems Inc., IBM Corp.

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A full Report of Asia-Pacific Smart Highway Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-smart-highway-market

Asia-Pacific Smart Highway Market Report Segment

By Technology
• Intelligent Transportation Management System
• Intelligent Traffic Management System
• Communication System
• Monitoring System

By Deployment Model
• On-Premise
• Cloud

By Service

• Consultancy Services
• Maintenance & Operational Services
• Managed Services

Asia-Pacific Smart Highway Market Report Segment by Region
• China
• India
• South Korea
• Japan
Rest of Asia-Pacific

Company Profiles
• 3M Co.
• ABB Ltd.
• AT & T Inc.
• Beijing Wanji Technology Co., Ltd.
• China Hualu group Co., Ltd.
• China United Network Communications Group Co., Ltd.
• Cisco Systems Inc.
• Cohda Wireless Pty Ltd.
• Commsignia, Inc.
• Huawei Technologies, Inc.
• IBM Corp.
• iSmartWays Technology Inc.
• LeiShen Intelligent System Co., LTD.
• Shenzhen Genvict Technologies Co. Ltd.
• SureKAM Corp.
• ZTE Corp.

Reasons for Buying from us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-smart-highway-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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