Press release
Global Smart Highway Market Size, Share, Impressive Industry Growth Report 2027
The global smart highway market is anticipated to grow at a CAGR of 19.1% during the forecast period (2021-2027). Solar power generation, improving operations of autonomous vehicles, lighting, traffic monitoring, and road safety improvement are some of the key factors creating demand for incorporation of advanced technologies in transportation. Roads That Honk system, elect Reon electric charging lanes, self-healing concrete roads, Hikob instant: road weather and traffic management, and the ray are some of the key smart road technologies whose adoption can lead to development of smart highway market across the globe.(Get 15% Discount on Buying this Report)
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The Roads that Honk system uses Smart Life poles just before sharp turns and hairpin bend. These poles wirelessly communicate with each other and exchange data on incoming traffic. They gauge the speed of the vehicles and alert the drivers of approaching traffic by sounding a horn. It is a solar powered system especially useful in hilly areas. It is a simple and effective concept of alerting the drivers with sounds and honks that they are familiar with. Additionally, this system is an innovative application of IoT to road safety to save lives. The adoption of such kind of advanced technologies for traffic management improvement is flourishing the growth of the global smart highway market.
A Full Report of Global Smart Highway Market is Available at: https://www.omrglobal.com/industry-reports/smart-highway-market
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global 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
Global Smart Highway Market Report Segment by Region
North America
US
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Reasons to 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.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
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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