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Smart Highway Market: Global Industry Analysis and Forecast 2016 - 2026<br />

Persistence Market Research<br />

Smart Highway Market: Global Industry<br />

Analysis and Forecast 2016 - 2026<br />

Persistence Market Research 1


Smart Highway Market: Global Industry Analysis and Forecast 2016 - 2026<br />

Persistence Market Research Released New Market Report on “Smart Highway Market:<br />

Global Industry Analysis and Forecast 2016 - 2026”.<br />

Global Smart Highway Market: Overview<br />

With the need of safe, congestion free, reliable, less travel time consuming and pollution free<br />

roads, companies have come up with new ideas of <strong>smart</strong> <strong>highway</strong>s. A <strong>smart</strong> <strong>highway</strong> is<br />

deployed to fill the gap of inconvenience caused to the commuters. A <strong>smart</strong> <strong>highway</strong> is achieved<br />

by deploying innovative technologies like Electronic Toll Collection (ETC), Variable Message<br />

Signs, Lane departure warning System (LDW), Intelligent Transport Systems (ITS) etc. Smart<br />

<strong>highway</strong>s usually involves sensors, <strong>smart</strong> monitoring systems and <strong>smart</strong> computing<br />

technologies all connected to a single monitoring unit. Moreover, <strong>smart</strong> <strong>highway</strong>s are installed to<br />

incorporate technologies like utilizing solar energy, improving the operation of transport vehicle,<br />

and for monitoring the condition of the <strong>highway</strong>/roads. Smart <strong>highway</strong>s also includes<br />

photovoltaic pavements which can collect solar energy and can light up the parking lots, foot<br />

paths, driveaways and side lanes of the <strong>highway</strong>. Smart <strong>highway</strong> also includes vehicle charging<br />

facilities for the solar and battery operated vehicles. Furthermore, <strong>smart</strong> <strong>highway</strong>s provide frost<br />

melting and snow melting facilities to melt extra snow and frost from roads in colder regions.<br />

Use For sample: Thinking about report: Please observe the beneath the hyperlinks to<br />

satisfy your necessities; Request for the Report sample:<br />

http://www.persistence<strong>market</strong>research.com/samples/11293<br />

Global Smart Highway Market: Segmentation<br />

Global <strong>smart</strong> <strong>highway</strong> <strong>market</strong> can be segmented on the basis of technology, service, display,<br />

deployment and region. On the basis of technology, the global <strong>smart</strong> <strong>highway</strong> system can be<br />

segmented into intelligent transport management system, intelligent traffic management system,<br />

intelligent communication system and intelligent monitoring system. Intelligent transport<br />

management system further includes lane departure warning system, incident detection system,<br />

Persistence Market Research 2


Smart Highway Market: Global Industry Analysis and Forecast 2016 - 2026<br />

radio frequency identification and automatic number plate recognition system. Intelligent traffic<br />

management system includes electronic toll collection system, real time traffic management and<br />

global navigation satellite system. Communication system can be further sub-segmented into<br />

radio network and data network and monitoring system can be further sub-segmented into traffic<br />

measurement, video surveillance and weather management. On account of service, the global<br />

<strong>smart</strong> <strong>highway</strong> <strong>market</strong> can be segmented into maintenance and operation services, consultancy<br />

services and managed services. Considering deployment, the global <strong>smart</strong> <strong>highway</strong> <strong>market</strong> can<br />

be segmented into on-cloud and on-premise. By displays, the global <strong>smart</strong> <strong>highway</strong> <strong>market</strong> can<br />

be segmented into digital signage, variable signage and others. On the basis of region, the<br />

global <strong>smart</strong> <strong>highway</strong> <strong>market</strong> can be segmented into North America, Latin America, Western<br />

Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East and Africa and Japan.<br />

Global Smart Highway Market: Drivers<br />

Need of better and sustainable roads and <strong>highway</strong>s is a key element driving the growth of the<br />

global <strong>smart</strong> <strong>highway</strong> <strong>market</strong>. Demand for safer and securely guarded roads is another prime<br />

factor boosting the growth of the global <strong>smart</strong> <strong>highway</strong> <strong>market</strong>. Reduction in traffic congestion,<br />

government initiatives in deployment of <strong>smart</strong> roads/<strong>highway</strong>s, dramatic technological changes<br />

and increasing demand of business travel, leisure travel and employment needs are some other<br />

crucial aspects fuelling the growth of the overall global <strong>smart</strong> <strong>highway</strong> <strong>market</strong>.<br />

Global Smart Highway Market: Restraints<br />

Inaccurate driver’s information and inappropriate traffic flow due to poor <strong>highway</strong> communication<br />

infrastructure are some of the vital challenges faced by the global <strong>smart</strong> <strong>highway</strong> <strong>market</strong>.<br />

Moreover, lack of technical knowledge among drivers, and lack of training about the <strong>smart</strong><br />

<strong>highway</strong> rules, regulations and technologies are some other factors hindering the growth of the<br />

global <strong>smart</strong> <strong>highway</strong> <strong>market</strong>. Lack of governmental funding for the development of <strong>smart</strong><br />

<strong>highway</strong>s is another paramount factor pulling down the growth of the global <strong>smart</strong> <strong>highway</strong><br />

<strong>market</strong>.<br />

Persistence Market Research 3


Smart Highway Market: Global Industry Analysis and Forecast 2016 - 2026<br />

Global Smart Highway Market: Key Players<br />

Some of the key players involved in the manufacturing, deployment and production of <strong>smart</strong><br />

<strong>highway</strong> systems are Alcatel Lucent, LG CNS, Kapsch AG, Siemens AG, Indra infrastructures,<br />

Cisco, Schneider Electric, IBm, TrafficCom, Huawei, Xerox Corporation and others.<br />

The research report presents a comprehensive assessment of the <strong>market</strong> and contains<br />

thoughtful insights, facts, historical data, and statistically supported and industry-validated<br />

<strong>market</strong> data. It also contains projections using a suitable set of assumptions and methodologies.<br />

The research report provides analysis and information according to categories such as <strong>market</strong><br />

segments, geographies, types, technology and applications.<br />

The report covers exhaustive analysis on:<br />

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Market Segments<br />

Market Dynamics<br />

Market Size<br />

Supply & Demand<br />

Current Trends/Issues/Challenges<br />

Competition & Companies involved<br />

Regional analysis includes<br />

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North America (U.S., Canada)<br />

Latin America (Mexico. Brazil)<br />

Persistence Market Research 4


Smart Highway Market: Global Industry Analysis and Forecast 2016 - 2026<br />

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Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium,<br />

Netherlands, Luxembourg)<br />

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Eastern Europe (Poland, Russia)<br />

Asia Pacific (China, India, ASEAN, Australia & New Zealand)<br />

Japan<br />

Middle East and Africa (GCC, S. Africa, N. Africa)<br />

The report is a compilation of first-hand information, qualitative and quantitative assessment by<br />

industry analysts, inputs from industry experts and industry participants across the value chain.<br />

The report provides in-depth analysis of parent <strong>market</strong> trends, macro-economic indicators and<br />

governing factors along with <strong>market</strong> attractiveness as per segments. The report also maps the<br />

qualitative impact of various <strong>market</strong> factors on <strong>market</strong> segments and geographies.<br />

Use For to: Request TOC (desk of content material), Figures and Tables of the report:<br />

http://www.persistence<strong>market</strong>research.com/toc/11293<br />

Report Highlights:<br />

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Detailed overview of parent <strong>market</strong><br />

Changing <strong>market</strong> dynamics in the industry<br />

In-depth <strong>market</strong> segmentation<br />

Historical, current and projected <strong>market</strong> size in terms of volume and value<br />

Recent industry trends and developments<br />

Competitive landscape<br />

Strategies of key players and products offered<br />

Potential and niche segments, geographical regions exhibiting promising growth<br />

Persistence Market Research 5


Smart Highway Market: Global Industry Analysis and Forecast 2016 - 2026<br />

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A neutral perspective on <strong>market</strong> performance<br />

Must-have information for <strong>market</strong> players to sustain and enhance their <strong>market</strong> footprint<br />

Key points covered in the report<br />

1) Report segments the <strong>market</strong> on the basis of types, application, products, technology, etc (as<br />

applicable)<br />

2) The report covers geographic segmentation<br />

North America<br />

Europe<br />

Asia<br />

RoW<br />

3) The report provides the <strong>market</strong> size and forecast for the different segments and geographies<br />

for the period of 2010 to 2020<br />

4) The report provides company profiles of some of the leading companies operating in the<br />

<strong>market</strong><br />

5) The report also provides porters five forces analysis of the <strong>market</strong>.<br />

PMR for Journalist: http://www.persistence<strong>market</strong>research.com/page/journalist-resources.asp<br />

About Us<br />

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a<br />

unique collaboration of data analytics and <strong>market</strong> research methodology to help businesses<br />

achieve optimal performance.<br />

To support companies in overcoming complex business challenges, we follow a multidisciplinary<br />

approach. At PMR, we unite various data streams from multi-dimensional sources.<br />

By deploying real-time data collection, big data, and customer experience analytics, we deliver<br />

business intelligence for organizations of all sizes.<br />

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Persistence Market Research 6


Smart Highway Market: Global Industry Analysis and Forecast 2016 - 2026<br />

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