Smart highway and smart road are developed to work on illuminating the road such as traffic light, street lighting to improve the operation of autonomous and connected vehicles. It helps to monitor the traffic levels, condition of the road, and the speed of vehicles. The increasing trend towards the automation and adoption of smart cities has boosted the smart highway market. Additionally, the increase in investment in the infrastructure of highways is also catalyzing market growth.
Rising need of smart transport management system, better and sustainable highways is driving the smart highway market. Further, the growing demand for safer roads and a decrease in traffic congestion is also driving the market growth. However, inaccurate information, lack of technical knowledge amongst the drivers are hindering the market growth. The development in the travel sector and the need for transport infrastructure is creating opportunities for the smart highway market.
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The report also includes the profiles of key smart highway companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Cisco systems Inc
- Heijmans N.V.
- Huawei Technologies Co., Ltd
- IBM Corporation
- Kapsch AG
- Nippon Koei Co., Ltd.
- Schneider Electric SE
- Siemens AG
Global Smart Highway Market: Applications and Types
Covid-19 Impact and Global Analysis – by Technology (Smart Transport Management System, Smart Traffic Management System, Communication System, Monitoring System, Others); Services (Professional Services, Managed Services) and Geography
The “Global Smart Highway Market Analysis to 2027” is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of smart highway market with detailed market segmentation by technology, services and geography. The global smart highway market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart highway market players and offers key trends and opportunities in the market.
The global smart highway market is segmented on the basis of technology and services. Based on technology, the market is segmented as smart transport management system, smart traffic management system, communication system, monitoring system, and others. On the basis of the services the market is segmented into professional services and managed services
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Further, in the research report, the following points are included along with an in-depth study of each point:
* Production Analysis- Production is analyzed with respect to different regions, types, and applications. Here, the price analysis of various Market key players is also covered.
* Sales and Revenue Analysis- Both, sales and revenue are studied for the different regions of the Global market. Another major aspect, price, which plays an important part in the revenue generation is also assessed in this section for the various regions.
* Supply and Consumption- In continuation of sales, this section studies the supply and consumption of the Market. This part also sheds light on the gap between supply and consumption. Import and export figures are also given in this part.
* Other analyses- Apart from the information, trade and distribution analysis for the Market, contact information of major manufacturers, suppliers and key consumers are also given. Also, SWOT analysis for new projects and feasibility analysis for new investment are included.
* In continuation with this data, the sale price is for various types, applications and regions are also included. The Market for major regions is given. Additionally, type wise and application wise consumption figures are also given.
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Major Points from Table of Contents: –
1 Report Overview
2 Global Growth Trends by Regions
3 Competition Landscape by Key Players
4 Breakdown Data by Type
5 Smart Highway Breakdown Data by Application
6 North America
10 Southeast Asia
12 Central & South America
13 Key Players Profiles
14 Analyst’s Viewpoints/Conclusions
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