Cover Image
Market Research Report

Smart Highway

Published by Global Industry Analysts, Inc. Product code 909022
Published Content info 396 Pages
Delivery time: 1-2 business days
Price
Back to Top
Smart Highway
Published: October 1, 2019 Content info: 396 Pages
Description

Smart Highway market worldwide is projected to grow by US$41.5 Billion, driven by a compounded growth of 16.8%. Intelligent Transportation Management, one of the segments analyzed and sized in this study, displays the potential to grow at over 18.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$34.6 Billion by the year 2025, Intelligent Transportation Management will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 18.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$2.8 Billion to the region's size and clout in the next 5 to 6 years. Over US$2 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Intelligent Transportation Management will reach a market size of US$6.6 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 15.8% over the next couple of years and add approximately US$2.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include among others, Alcatel-Lucent SA; Cisco Systems, Inc.; Huawei Technologies Co., Ltd.; Indra Philippines; Kapsch AG; LG CNS; Schneider Electric SA; Siemens AG; Xerox Corporation

Table of Contents
Product Code: MCP14814

TABLE OF CONTENTS

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE 1

II. EXECUTIVE SUMMARY 11

1. MARKET OVERVIEW 11

  • Rise in Smart City Initiatives, the Cornerstone for the Growth of Smart Transportation 11
  • Robust Investments in Smart City ICT Technologies Provides the Foundation for the Growth of Smart Highways in Smart City Enablement: Global Market for Smart City Technologies (Hardware, Software, and Services) In US$ Million for the Years 2017 & 2020 12
  • Growing Investments in Infrastructure Development, Especially Roads & Highways, Drives Demand for a Broad Array of ITS Technologies 13
  • The Growing Need to Bridge Infrastructure Gap Which is the Highest for Roadways Promises Robust Opportunity for Smart Highways: Global Cumulative Investments in Roadways Vs Actual Need for the Period 2016-2040 (In US$ Billion) 14
  • Continuous Development of World's Highways to Expand Market Opportunities for Intelligent Transportation Systems (ITS) & Allied Markets: Length of Road Networks (In 000 Kilometers) in Top 15 Countries Worldwide for the Year 2018 15
  • Proliferation of Smart Cars & Allied Enabling Technologies Preps the Smart Highway Market for Growth 16
  • The Unprecedented Rise of Connected Cars as the Future of Driving Fuels the Viability of Smart Highways: Global Number of Connected Cars Shipped (In 000 Units) for the Years 2017, 2019 and 2022 18
  • Vehicle Telematics Plays a Huge Role in Advancing the Concept of Smart Highways & Smart Roads 18
  • Telematics Plays a Huge Role in Automating Highways & Improving Safety on Roads, Which are the Primary Goals of Smart Highways: Global Automotive Telematics Market (In US$ Billion) for the Years 2017, 2019 and 2022 19

2. FOCUS ON SELECT PLAYERS 20

  • ALE International (France) 20
  • Cisco Systems Inc. (USA) 20
  • Conduent, Inc. (USA) 21
  • Huawei Technologies Co., Ltd. (China) 21
  • IBM Corporation (USA) 22
  • Indra Sistemas, S.A. (Spain) 23
  • Infineon Technologies AG (Germany) 23
  • Kapsch TrafficCom AG (Austria) 24
  • LG CNS Corporation (South Korea) 24
  • Nokia (Finland) 25
  • Siemens AG (Germany) 25

3. MARKET TRENDS & DRIVERS 27

  • Focus on Road User Charging as the Only Sustainable Way to Fund Road Infrastructure Development Drives Investments in ETC Systems 27
  • Migration from Manual Toll Gates to Electronic Toll Gates Gains Momentum 28
  • In a World Where Time is Money, the Rising Economic Cost of Excess Travel/Transit Delays Strengthens the Business Case for Electronic Tolling to Manage Vehicular Congestion: Breakdown of Annual Hours of Delay Due to Traffic Congestions in Select Countries & Cities Worldwide 29
  • IoT & Cloud Computing Emerge as Linchpin Holding the Smart Highway Concept Together 30
  • Cloud Computing, the Workhorse of Data Analysis for Smart Highway Services 31
  • Smart Roads Embedded with Sensors Make Road Infrastructure Monitoring Easy & Cost Effective 33
  • Smart Parking Emerges as a Solution to Traffic Woes 34
  • Developments in Advanced Intelligent Video Surveillance System (AIVSS) to Benefit Intelligent Traffic Surveillance 34
  • GIS and GPS/GNSS Technology, Vital for Successful Smart Highway Deployment 36
  • Special Focus on Multi-Constellation GNSS 37
  • Wireless Communication Technologies Crucial to Market Growth 38
  • DSRC (Dedicated Short Range Communications), as a Superior Technology to RFID Gains in Prominence 39
  • Automatic Traffic Control & Congestion Monitoring Systems Grow for Emissions Reduction 40
  • China Emerges over the Horizon, With the World's Most Ambitious Smart Highway Plans 40
  • China Mobile to Become a Pioneer in Setting up the World's First 5G Smart Highway in Wuhan 41

4. GLOBAL MARKET PERSPECTIVE 42

  • TABLE 1: Smart Highway Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025 42
  • TABLE 2: Smart Highway Market Share Shift across Key Geographies Worldwide: 2019 VS 2025 43
  • TABLE 3: Intelligent Transportation Management (Technology) World Market by Region/Country in US$ Million: 2018 to 2025 44
  • TABLE 4: Intelligent Transportation Management (Technology) Market Share Breakdown of Worldwide Sales by Region/Country: 2019 VS 2025 45
  • TABLE 5: Intelligent Traffic Management (Technology) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025 46
  • TABLE 6: Intelligent Traffic Management (Technology) Market Sales Breakdown by Region/Country in Percentage: 2019 VS 2025 47
  • TABLE 7: Communication (Technology) Geographic Market Spread Worldwide in US$ Million: 2018 to 2025 48
  • TABLE 8: Communication (Technology) Market Share Distribution in Percentage by Region/Country: 2019 VS 2025 49
  • TABLE 9: Monitoring (Technology) World Market Estimates and Forecasts by Region/Country in US$ Million: 2018 to 2025 50
  • TABLE 10: Monitoring (Technology) Market Share Breakdown by Region/Country: 2019 VS 2025 51

III. MARKET ANALYSIS 52

  • GEOGRAPHIC MARKET ANALYSIS 52
  • UNITED STATES 52
    • TABLE 11: Smart Highway Market in US$ Million in the United States by Technology: 2018-2025 52
    • TABLE 12: United States Smart Highway Market Share Breakdown by Technology: 2019 VS 2025 53
  • CANADA 54
    • TABLE 13: Smart Highway Market Analysis in Canada in US$ Million by Technology: 2018-2025 54
    • TABLE 14: Canadian Smart Highway Market Share Breakdown by Technology: 2019 VS 2025 55
  • JAPAN 56
    • TABLE 15: Japanese Medium & Long-Term Outlook for Smart Highway Market in US$ Million by Technology: 2018-2025 56
    • TABLE 16: Japanese Smart Highway Market Percentage Share Distribution by Technology: 2019 VS 2025 57
  • CHINA 58
    • TABLE 17: Smart Highway Market Estimates and Forecasts in China in US$ Million by Technology: 2018-2025 58
    • TABLE 18: Smart Highway Market in China: Percentage Share Analysis by Technology for 2019 and 2025 59
  • EUROPE 60
    • TABLE 19: European Smart Highway Market Demand Scenario in US$ Million by Region/Country: 2018-2025 60
    • TABLE 20: European Smart Highway Market Share Shift by Region/Country: 2019 VS 2025 61
    • TABLE 21: European Smart Highway Market Assessment in US$ Million by Technology: 2018-2025 62
    • TABLE 22: Smart Highway Market in Europe: Percentage Breakdown of Sales by Technology for 2019 and 2025 63
  • FRANCE 64
    • TABLE 23: French Smart Highway Market Estimates and Projections in US$ Million by Technology: 2018-2025 64
    • TABLE 24: French Smart Highway Market Share Breakdown by Technology: 2019 VS 2025 65
  • GERMANY 66
    • TABLE 25: German Smart Highway Latent Demand Forecasts in US$ Million by Technology: 2018-2025 66
    • TABLE 26: German Smart Highway Market Share Breakdown by Technology: 2019 VS 2025 67
  • ITALY 68
    • TABLE 27: Smart Highway Market Estimates and Forecasts in Italy in US$ Million by Technology: 2018-2025 68
    • TABLE 28: Smart Highway Market in Italy: Percentage Share Analysis by Technology for 2019 and 2025 69
  • UNITED KINGDOM 70
    • TABLE 29: United Kingdom Medium & Long-Term Outlook for Smart Highway Market in US$ Million by Technology: 2018-2025 70
    • TABLE 30: United Kingdom Smart Highway Market Percentage Share Distribution by Technology: 2019 VS 2025 71
  • REST OF EUROPE 72
    • TABLE 31: Rest of Europe Smart Highway Market Assessment in US$ Million by Technology: 2018-2025 72
    • TABLE 32: Smart Highway Market in Rest of Europe: Percentage Breakdown of Sales by Technology for 2019 and 2025 73
  • ASIA-PACIFIC 74
    • TABLE 33: Asia-Pacific Smart Highway Market Estimates and Projections in US$ Million by Technology: 2018-2025 74
    • TABLE 34: Asia-Pacific Smart Highway Market Share Breakdown by Technology: 2019 VS 2025 75
  • REST OF WORLD 76
    • TABLE 35: Smart Highway Market Analysis in Rest of World in US$ Million by Technology: 2018-2025 76
    • TABLE 36: Rest of World Smart Highway Market Share Breakdown by Technology: 2019 VS 2025 77

IV. COMPETITION 78

1. A-STAR GLOBAL (FZE) 78

2. ADVANTECH CO., LTD. 82

3. ALE INTERNATIONAL 88

4. ALL TRAFFIC SOLUTIONS 97

5. ARS TRAFFIC & TRANSPORT TECHNOLOGY 100

6. ASIAN TRAFFIC TECHNOLOGIES LTD. 104

7. ATT SYSTEMS (S'PORE) PTE LTD. 107

8. BRIGHTQUADRANT CORPORATION 111

9. CELLINT TRAFFIC SOLUTIONS LTD. 115

10. CHETU INC. 117

11. CISCO SYSTEMS INC. 121

12. CITILOG 129

13. COHDA WIRELESS 131

14. CONDUENT INC. 135

15. CUBIC CORPORATION 140

16. EFFTRONICS SYSTEMS PVT. LTD. 148

17. EFKON GMBH 150

18. EXACTRAK 153

19. GMV INNOVATING SOLUTIONS SL 156

20. GREEN TECH INTELLIGENT TRANSPORTATION SYSTEM LLP 157

21. GULSHAN IT AND INFRASTRUCTURE LTD. 161

22. HUAWEI TECHNOLOGIES CO., LTD. 164

23. HERE GLOBAL BV 187

24. IBM CORPORATION 207

25. INDRA SISTEMAS SA 215

26. INTELLIVISION 224

27. INTERNATIONAL ROAD DYNAMICS INC. 228

28. ITERIS, INC. 232

29. JENOPTIK TRAFFIC SOLUTIONS UK LTD. 239

30. KAPSCH AG 242

31. LG CNS 246

32. LIVE TRAFFIC DATA CORP. 252

33. METRO INFRASYS PVT. LTD. 253

34. MOBILE MARK INC. 256

35. MOBILITY INSIGHT LTD. 261

36. MOXA, INC. 262

37. NOKIA CORPORATION 273

38. OMNIBOND SYSTEMS, LLC 292

39. PANASONIC CORPORATION OF NORTH AMERICA 294

40. PARSONS CORPORATION 301

41. PTV PLANUNG TRANSPORT VERKEHR AG 307

42. QUALIX INFORMATION SYSTEM 311

43. RUDRA TECHNO CARE 315

44. SHANGHAI ZHIHE ELECTRONIC TECHNOLOGY CO., LTD. 317

45. SICE TECNOLOGiA Y SISTEMAS, S.A. 327

46. SIEMENS AG 333

47. SWARCO AG 353

48. TELEGRA 357

49. TELIT COMMUNICATIONS PLC 361

50. TRANSCORE 368

51. THALES GROUP 375

52. VARA INFROVATE PRIVATE LIMITED 382

53. VIDEONETICS 384

  • SMART HIGHWAY MCP14814
  • CONTENTS
Back to Top