Smart Highway Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Choose License

Report Code: ZMR-1036 | Report Format : | Status : Upcoming |

Abstract

Global Smart Highway Market: Overview

With the necessity of congestion free, safe, less travel time consuming, reliable, and pollution free roads, firms have come up with innovative thoughts of smart highways. Smart highways are deployed to bridge the gap of the nuisance caused to the users.

Global Smart Highway Market: Growth Factors

The global smart highway market is likely to have a huge growth in coming period. The increased need for more safe, reliable, and efficient transportation is the main reason that has driven the growth of the global market. Adding more to the list, the introduction of Electronic Toll Collection is powering the growth of the global market. Additionally, the growth of the interstate highways market is one of the main factors powering the growth of the global smart highway market. Further, successful deployment of highway technology, solutions, and its increasing adoption is also driving the global smart highway market growth. In addition to this, the introduction of new technologies at an affordable cost for safe, reliable, and efficient transportation is also powering the growth of the global market.

On the contrary, inaccurate driver’s information is hampering the growth of global smart highway market. Moreover, lack of technical knowledge among drivers plays a vital role in the decrement of the global market. Further, inappropriate traffic flow due to poor highway communication infrastructure is one of the main reasons hindering the growth of the global smart highway market. Also, lack of training about the smart highway rules hinders the global market.

Global Smart Highway Market: Segmentation

On the basis intelligent transportation management system, the global smart highway market is mainly classified as automatic number plate recognition, lane departure warning system, radio frequency identification, incident detection system, and others.

Based on intelligent traffic management system, the global market is bifurcated into global navigation satellite system, electronic toll collection system, real-time traffic management, global positioning system, and others.

On the basis communication system, the global market for the smart highway is divided into emergency network, the radio network, data network, and others.

Based on the monitoring system, the global market is bifurcated into weather management, traffic measurement, video surveillance, and others.

On the basis displays, the global market for the smart highway is divided into variable digital signage, message signs, and others.

Based on service, the global market is bifurcated into maintenance and operation service, consultancy service, managed service, and others.

On the basis deployment, the global market for the smart highway is divided into on cloud and on premises.

Global Smart Highway Market: Regional Analysis

Area-wise, the global market for the smart highway is bifurcated into the Middle East and Africa, Asia-Pacific, Europe, and North America. The increased need for more safe, reliable, and efficient transportation is boosting the global market in the U.S. and Canada. Successful deployment of highway technology, solutions, and its increasing adoption has elevated the global market in Asia Pacific. Also, the introduction of new technologies at an affordable cost for safe, reliable, and efficient transportation is escalating the global market in Europe.

Global Smart Highway Market: Competitive Players

Some of the key players in the global market for smart highway are LG CNS, Alcatel-Lucent, Siemens AG, Kapsch AG, Cisco, Indra infrastructures, IBM, Schneider Electric, Huawei, TrafficCom, Xerox Corporation, and others.

Global Smart Highway Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Wireless Gas Detection Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2607 | Report Format:

Global Wireless Gas Detection Systems Market: Overview A device utilized to sense a gas present in a system is known as a wireless gas detection system. Being an element of the safety system, it is utilized to sense leakage of any explosive and hazardous gases in the industry. Usually, the detec...Read More

Digital Isolator Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2603 | Report Format:

Global Digital Isolator Market: Overview Digital isolators are mainly utilized in the DC-to-DC converters in battery-powered industrial equipment and solar inverters. Numerous manufacturers are seen to invest more in the development of isolation-integrated DC-to-DC converters. Such isolation-int...Read More

Commercial Robotics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2561 | Report Format:

Commercial Robotics Market: Overview A fully programmed robot that is intended to perform a specific task to ease the human efforts along with high productivity is termed as robots. These robots are then utilized for the personal usage or to carry out the heavy duty tasks. The era of automation ...Read More

Gas Detection Device Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2552 | Report Format:

Gas Detection Device Market: Overview Gas detection devices are the advanced equipment that are designed to indentify and monitor the quality and concentration of gases present in air. These devices are integrated with a electronic mechanism that can be either operated manually or automatic post...Read More

Motorized Decoiler Machine Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2473 | Report Format:

Motorized Decoiler Machine Market: Overview The motorized decoiler machines help in several processes, that is, they can be used for several applications such as forming, stamping, cutting, punching, and others. These machines are widely used in the end-user industries such as textile and metal ...Read More

Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.

Quick Inquiry