Smart highways are the roads that are built with the installation of sensors and IoT technology for making driving much safer and greener. Many governments across the globe are investing in building smart highways for providing real time information to the drivers about the road condition and various traffic information. Smart highways are particularly useful in risky and mountainous region for making driving safer by providing warning about the incoming traffic and different landslides. Smart roads also generate energy which is useful for charging electric lights on the side of road and provides energy to the electric vehicles, which are on the move.
Cisco System Inc.
Huawei Technologies Co. Ltd.
Honeywell International Inc.
Schneider Electric SE and Siemens AG.
Increase in the number of vehicles on the road and surge in road traffic injuries drive the growth of the market. In addition, increase in international trade among the emerging countries across the globe fuels the growth of the market. However, high initial and maintenance cost and lack of appropriate technical knowledge among the end users hamper the growth of the market. Furthermore, rise in advance technologies in the transportation sector and emergence of smart vehicles are expected to provide lucrative opportunities for the growth of the global market.
Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Smart Highway Market Size
2.2 Smart Highway Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Smart Highway Market Size by Manufacturers
3.2 Smart Highway Key Players Head office and Area Served
3.3 Key Players Smart Highway Product/Solution/Service
3.4 Date of Enter into Smart Highway Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Smart Highway Sales by Product
4.2 Global Smart Highway Revenue by Product
4.3 Smart Highway Price by Product
5 Breakdown Data by End User
5.2 Global Smart Highway Breakdown Data by End User
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