Press release
Smart Highway Market 2021: Strategic Analysis and Key Technological Developments
The Smart Highway Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Smart Highway market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Smart Highway market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Smart Highway market.The smart highway market is expected to register a CAGR of 18.33% over the forecast period of 2021-2026.
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Top Leading Companies of Smart Highway Market are - Alcatel-Lucent S.A, Cisco Systems Inc., IBM Corporation, Indra Sistemas SA, Infineon Technologies AG, Intelligent Highway Solutions Inc., Kapsch AG, LG CNS Co. Ltd, Schneider Electric SE, Siemens AG, Xerox Corporation and others.
Industry News and Updates:
- November 2018 - Siemens and Aruba, a Hewlett Packard Enterprise company, announced a strategic partnership focused on bridging the Operational Technology (OT) and Information Technology (IT) worlds. Based on the complementary portfolios, Siemens and Aruba are expected to support customers with highly reliable, secure, and insightful data networks enabling high plant and network availability.
- March 2017 - Siemens released the latest hosted application module for Stratos, the company’s cloud-based strategic traffic management solution.
Key Market Trends:
Smart Transportation Management System Offers Potential Opportunities
- The smart transportation management systems include advanced traffic management and congestion monitoring and management systems, with the integration of traffic control centers, access control and route guidance systems that offer a range of benefits.
- According to the ITS (Intelligent Transportation Systems), the development strategy of the Department of Transport in the Republic of Korea contributes to the decreasing fuel consumption and greenhouse gas emissions by reducing traffic congestion and preventing motor vehicles from idling.
North America to Account for a Major Share
- North America is a global technological leader. Coupled with this strength, the increased spending on construction and road infrastructure will offer more opportunities to the region to expand. Also, the public construction spending on the highway and street projects in the United States is very high, with USD 92.5 billion in 2018, according to the US Department of Transportation.
- Moreover, investments in connected highway technology in the region will also significantly contribute to the growth of the market in the future. The Ray, which is an 18 mile stretch of interstate in the state of Georgia is a connected highway that offers an interesting model for transport planners and policymakers across the United States.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Smart Highway Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Smart Highway Market (%),2016 - 2026
- Smart Highway Market Share, By Brand
- Smart Highway Market Share, By Company
- Smart Highway Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Smart Highway Market Value Analysis & Forecast
- Promising Smart Highway Development by Major Companies
- Detailed Smart Highway Portfolio of the Major Companies
- Major Deals in the Smart Highway Market
- Major Companies Analysis
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https://www.marketinsightsreports.com/reports/02082591533/smart-highway-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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