Smart Highway Market, By Product Technology, By Geography - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

The benefits of smart highway technology are substantial. In countries where smart roads have been introduced, benefits include reduced travel time, reduced energy consumption, reduced emissions, and a rise in network capacity. These technologies will be most effective when combined with autonomous driving. They are a great help to truckers. It will help improve their productivity and enhance their safety.

The development of smart highway technology is accelerating at a rapid pace. Supported by government initiatives, smart highways will link cities and countries around the world. Moreover, smart highways are expected to contribute to global development by helping improve transportation, communication, and health. Smart highways also reduce the risk of accidents and improve the efficiency of traffic infrastructure.

Market Dynamics:

The growing number of road accidents is driving the demand for smart highway systems. With the advancement of computer technologies, governments are turning to these intelligent transportation systems to reduce the number of accidents on the road. These factors in turn are expected to augment growth of the global smart highway market over the forecast period. The global smart highway market is expected to witness lucrative opportunities owing to technological developments and smart vehicles.

Lack of accurate information for drivers and a lack of communication infrastructure between vehicles and highways are two of the biggest challenges. Lack of training and technical knowledge for drivers is another major factor that will hinder the market's expansion.

Key features of the study:

This report provides in-depth analysis of the global smart highway market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global smart highway market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Xerox Corporation, Alcatel-Lucent Enterprise (Nokia Corporation), Siemens AG, Cisco Systems Inc., Schneider Electric SE, IBM Corporation, LG CNS Co. Ltd (LG Electronics Inc.), Indra Sistemas SA, Kapsch AG, Infineon Technologies AG, and Huawei Technologies Co. Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global smart highway market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart highway market

Detailed Segmentation:

Global Smart Highway Market, By Product Technology:
- Smart Transport Management Systems
- Smart Traffic Management Systems
- Monitoring Systems
- Services
Global Smart Highway Market, By Geography:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Alcatel-Lucent Enterprise (Nokia Corporation)
- Cisco Systems Inc.
- IBM Corporation
- Indra Sistemas SA
- Infineon Technologies AG
- Huawei Technologies Co. Ltd
- Kapsch AG
- LG CNS Co. Ltd (LG Electronics Inc.)
- Schneider Electric SE
- Siemens AG
- Xerox Corporation

Product Code: CMI5340

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Product Technology
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Rise in number of highway and other infrastructure projects
Increasing requirement of efficient and safe transportation
- Restraints
High capital requirement for smart highway projects
Lack of proper infrastructure support in emerging countries
- Opportunities
Growing number of highway infrastructures
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Smart Highway Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Smart Highway Market , By Product Technology, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Smart Transport Management Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Smart Traffic Management Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Monitoring Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)

6. Global Smart Highway Market , By Region, 2017-2030, (US$ Mn)

Introduction
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2017-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Rest of World
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)

7. Competitive Landscape

Alcatel-Lucent Enterprise (Nokia Corporation)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Cisco Systems Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
IBM Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Indra Sistemas SA
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Infineon Technologies AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Huawei Technologies Co. Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Kapsch AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
LG CNS Co. Ltd (LG Electronics Inc.)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Schneider Electric SE
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Siemens AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

8. Section

Research Methodology
About us

Smart Highway Market, By Product Technology, By Geography - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030