Press release
United States Smart Highways Market 2025 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities
Smart Highways Market
The Smart Highways market is poised to grow at a CAGR of 17.95 % by 2031.
Key Development:
United States: Recent Smart Highway Developments
✅ In August 2025, the U.S. Department of Transportation launched the SMART Grants Program, providing funding to public sector agencies for demonstration projects focused on advanced smart community technologies and systems to improve transportation efficiency and safety.
✅ In July 2025, Michigan unveiled the nation's first smart highway corridor on I-94 between Detroit and Ann Arbor. This 3-mile stretch features roadside sensors, AI data systems, and real-time hazard communication, setting a new standard for connected infrastructure.
✅ In May 2025, Cavnue announced plans to develop a smart freight corridor along State Route 307 near the Port of Savannah. The project aims to modernize this critical transportation artery by easing congestion and improving road safety through enhanced insights into real-time road conditions.
Japan: Recent Smart Highway Developments
✅ In December 2025, Japan will host the JAPAN BUILD Tokyo 2025 exhibition, focusing on smart city technologies and infrastructure. The event aims to showcase advancements in smart highways and attract international collaboration in the sector.
✅ In September 2025, Toyota launched the first section of its Woven City test site near Mt. Fuji. This high-tech village is designed to test next-generation technologies, including autonomous vehicles and robotics, in a real-life urban environment.
✅ In June 2025, Japan's National Expressway Company (NEXCO) initiated a project to integrate AI-powered traffic surveillance systems on its expressways. The system aims to enhance real-time traffic management and improve road safety across the country.
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Smart Highways integrate advanced technologies such as IoT sensors, AI, connected vehicles, and renewable energy systems into road infrastructure. They enhance traffic management, safety, energy efficiency, and real-time communication, supporting autonomous driving, reduced congestion, and sustainable transportation networks.
Recent Mergers and Acquisitions:
United States: Recent Smart Highway M&A Developments
✅ In April 2025, Siemens Mobility expanded its intelligent infrastructure portfolio by acquiring Padam Mobility, a French startup specializing in on-demand public transport solutions. This strategic move aims to enhance Siemens' capabilities in smart mobility and urban transportation planning.
✅ In March 2025, NXP Semiconductors acquired TTTech Auto, a leader in automotive safety and autonomous driving technology. This acquisition strengthens NXP's position in the connected vehicle and smart highway ecosystem, enabling the development of advanced driver assistance systems and vehicle-to-infrastructure communication.
✅ In January 2025, Helios Technologies acquired the assets of a leading provider of electric vehicle (EV) charging infrastructure. This acquisition supports Helios' strategy to diversify its portfolio and capitalize on the growing demand for EV charging solutions integrated with smart highway systems.
Japan: Recent Smart Highway M&A Developments
✅ In June 2025, Japan's National Expressway Company (NEXCO) initiated a project to integrate AI-powered traffic surveillance systems on its expressways. The system aims to enhance real-time traffic management and improve road safety across the country.
Key Players:
=> ABB Ltd, ALE International, AT&T Inc., Cisco System Inc., IBM Corporation, Huawei Technologies Co. Ltd., LG CSN, Honeywell International Inc., Schneider Electric SE, and Siemens AG.
Growth Forecast Projected:
The Global Smart Highways Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Smart Highways Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Key Segments:
➥ By Component: Software for the Smart Highways Industry, Hardware, Services
➥ By Deployment Model: Cloud-based, On-Premise
➥ By Technology: Intelligent Transportation Management System, Traffic Management System, Communication System, Monitoring System, Others
Regional Analysis for Smart Highways Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.
Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.
Chapter 3: Offers an in-depth look at the competitive landscape among Smart Highways producers, including revenue shares, strategic moves, and recent mergers and acquisitions.
Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.
Chapters 5 & 6: Analyze Smart Highways revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.
Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.
Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.
Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.
Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.
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FAQ
Q: What is the growth rate of the Smart Highways Market?
A: The market is projected to expand at a compound annual growth rate (CAGR) of 17.95 during the forecast period from 2024 to 2031.
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