openPR Logo
Press release

Smart Highway Market to Observe Strong Development by 2025

Smart Highway Market to Observe Strong Development by 2025

Rapid advancements in computer technologies have changed the quality of transportation. The technologies range from advanced vehicle systems to intelligent traffic management systems. Smart highways are the roads that can be built using various advanced technologies to make it more reliable and sustainable. Smart highways include intelligent transport management, electronic toll collection (ETC), intelligent parking systems, and automatic traffic control.Smart highways consist of various advanced computing technologies and intelligent monitoring systems which are linked to the common operating entity. They also include utilization of solar energy for monitoring various processes such as charging of solar and battery operated vehicles. Photovoltaic pavements that convert solar energy into electrical energy are used to collect the solar energy to lighten up the foot paths, parking lots, and side lanes of the road. Smart highways also include the integration of sensors with the roadways so that driverless vehicles can communicate with the road.

A sample of this report is available upon request @

Increased need for sustainable and reliable roads and minimizing the traffic issues are the key factors driving the smart highways market. These days, the need for safer, less time consuming, and efficient transportation is increasing, thus pushing the need for smart highways. Reduction in traffic congestion, increasing need for business travel, government initiatives, and growing demand for smart cars are some of the prime factors that are boosting the growth of the smart highway market. Automatic number plate recognition, lane departure warning, and electronic toll collection are the recent technological advancements that are influencing the growth of the smart highway market. Factors such as incorrect traffic flow and poor communication management may hamper the growth of the smart highway market. Lack of technological knowledge is hampering the growth of this market. On the other hand, deployment of advanced technologies, and increasing investments in development of infrastructure by various organizations are some opportunities for the global smart highway market.

The global smart highway market is segmented on the basis of technology, display, deployments, and geography. On the basis of technology, the global smart highway market can be segmented into smart traffic management system, intelligent transportation management system, and intelligent communication system among others. Intelligent traffic management system includes satellite system, electronic toll collection, video surveillance, and others. The intelligent transport management system can further be divided into radio frequency identification (RFID), lane departure warning system, automatic number plate recognition system and others. In terms of display, the global smart highway market can be segmented into digital signage and variable signage. On the basis of deployment, the market can be segmented into on-cloud and on-premise. Geographically, the global smart highway market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The adoption of smart highways is increasing in North America owing to the developed economies and investments. North America is combining driverless vehicle technology with smart highways in order to prevent road accidents. Increasing investments in intelligent transport management by European countries is expected to boost the growth of smart highway markets in Europe in the near future. In Asia Pacific, adoption of magnetic induction system that charges electric vehicles is increasing. On the basis of advanced transportation systems and increasing investments in smart city projects, Asia Pacific is expected to be the biggest market in future.

To view TOC of this report is available upon request @

The global smart highway market includes various key players. Some of them are Alcatel Lucent, Schneider Electric, Indra, Huawei, IBM, Cisco, Siemens AG, LG CNS, Kapsch AG, and Xerox Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

About US
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact US
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Highway Market to Observe Strong Development by 2025 here

News-ID: 763267 • Views: 198

More Releases from Transparency Market Research

Food Premix Market Observe Substantial Growth by 2018-2026
Global Food Premix Market: Overview Globally, the parents are more conscious about their baby food. They prefer to give healthy and high nutritional content to their babies. This has led the demand in the global food premix market Read report Overview- Based on form and application are likely to be the key segments in which the market can be divided. Food & beverages, early life nutrition/ baby food, pharma OTC drugs, dietary supplements,
Calcium Silicate Market with Positive Long-Term Growth Outlook, 2016-2023
Calcium silicate, also known as calcium orthosilicate, is a white powder derived from diatomaceous earth and limestone. It is obtained by reacting calcium oxide and silica in various ratios. Calcium silicate possesses properties such as high physical water absorption and low bulk density. Due to these special physical characteristics calcium silicate has several applications in the construction sector. It is also used as a food additive in the food processing
Polysulfides Market Scope and Opportunities Analysis 2015– 2023
Polysulfides are chemical compounds that primarily comprise chains of sulfur atoms. These compounds exhibit various functional properties due to which they are chiefly consumed in building & construction, marine, aerospace, glass insulation, and polymer processing industries. Polysulfides possess high flexibility, high tensile strength, impermeability, chemical and weather resistance, and heat insulation. Read report Overview- Hence, they are favorably used in coating and sealing applications. These sulfur compounds are generally classified as anionic
CRISPR and Cas Genes Market Compnies Size, Future Trends, Segmentation, Gross Ma …
Transparency Market Research (TMR) has published a new report titled, “CRISPR and Cas Genes Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global CRISPR and Cas genes market was valued at US$ 7,234.5 Mn by 2026, expanding at a CAGR of around 20.1% from 2018 to 2026. Increase in applications of CRISPR and Cas gene editing technology in bacteria and usage

All 5 Releases

More Releases for Smart

Smart Solutions
Heidelberg, May 28, 2019 – The dental group Young Innovations presents new products that increase efficiency and safety in the practice: The high-quality Galaxie Cassettes simplify the cleaning, sterilization and classification of hand instruments. A stable case made of electropolished stainless steel protects the equipment, the unique design reduces the contact points. A laser-cut pattern maximizes water through flow and increases efficiency in the RDG / thermal disinfector. Smooth rounded corners
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
Smart Mirrors
A smart mirror is an ordinary mirror with additional features and functionalities, incorporating capabilities that are otherwise done manually or in some computing system other than the mirror. For instance, a mirror that can connect to a smartphone or the internet and offer some measure of user comfort. The computing features in smart mirrors enable them to connect to the Internet and smartphones, categorizing them as connected devices. Connected devices
Powered Smart Cards
In terms of consumption, the global powered smart card market stood at 2,049.1 Mn units in 2015 and is expected to register a volume CAGR of 59.2% to reach 5,640.6 Mn units by 2024 end. In a new report titled “Powered Smart Card Market: Global Industry Analysis & Forecast, 2016–2024”, Persistence Market Research studies the performance of the global powered smart card market over an eight-year forecast period (2016 –
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency