The smart road is the type of advanced technology which guides the drivers of vehicles against any object which is in front of the vehicle. These roads help to reduce the vehicle emissions by identifying best and shortest route for any vehicle to reach its destination. The smart roads are developed with an aim to decrease the growing traffic.
The rise in heavy traffic congestion, global traffic mark is the key driving factor which expected to boost the global smart roads market growth. Furthermore, the rise in technological advancements will positively influence the market growth. Also, the increase in government initiatives to manage traffic related problems is anticipated to propel the global smart roads market growth. The increase in use of automated vehicles in developed regions which is anticipated to support the market growth during this forecast timeline. In addition, the growing demand for electrically connected smart roads will add new opportunities for this market over the forecast period.
Lack of developed infrastructure in underdeveloped countries is expected to hamper the global smart roads market growth. Also, the high investment cost may limit the market growth over the forecast period.
The Global Smart Roads Market is segmented into technology such as Automatic Number Plate Recognition, Wireless Radio Communication, Lane Warning/Keeping systems, by sensors such as Strain Gauges, Weigh-in-motion-devices, Temperature Sensors, and Anemometers, by deployment such as On-Premise, and Cloud. Further, market is segmented into Traffic Management system such as Advanced Traffic Management, and GPS.
Also, the Global Smart Roads Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Siemens AG, Alcatel Lucent, Kapsch AG , Huawei , Xerox Corporation , LG CNS, Indra Sistemas, S.A., IBM Corporation, Schneider Electric, Intelligent Highway Solutions Inc., Infineon Technologies, etc.
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Smart Roads Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Smart Roads Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Smart Roads Market Share Analysis, By Technology
5.3 Global Smart Roads Market Size and Forecast, By Technology
5.3.1 Automatic Number Plate Recognition
5.3.2 Wireless Radio Communication
5.3.3 Lane Warning/Keeping systems
6 Global Smart Roads Market, By Sensor
6.1 Y-o-Y Growth Comparison, By Sensor
6.2 Global Smart Roads Market Share Analysis, By Sensor
6.3 Global Smart Roads Market Size and Forecast, By Sensor
6.3.1 Strain Gauges
6.3.2 Weigh-in-motion-devices
6.3.3 Temperature Sensors
6.3.4 Anemometers
7 Global Smart Roads Market, By Deployment
7.1 Y-o-Y Growth Comparison, By Deployment
7.2 Global Smart Roads Market Share Analysis, By Deployment
7.3 Global Smart Roads Market Size and Forecast, By Deployment
7.3.1 On-Premise
7.3.2 Cloud
8 Global Smart Roads Market, By Traffic Management System
8.1 Y-o-Y Growth Comparison, By Traffic Management System
8.2 Global Smart Roads Market Share Analysis, By Traffic Management System
8.3 Global Smart Roads Market Size and Forecast, By Traffic Management System
8.3.1 Advanced Traffic Management
8.3.2 GPS
8.3.3 Retail
9Global Smart Roads Market, By Region
9.1 Global Smart Roads Market Share Analysis, By Region
9.2 Global Smart Roads Market Share Analysis, By Region
9.3 Global Smart Roads Market Size and Forecast, By Region
10 North America Smart Roads Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 North America Smart Roads Product Market Share Analysis, By Technology
10.3 North America Smart Roads Product Market Size and Forecast, By Sensor
10.4 North America Smart Roads Product Market Size and Forecast, By Deployment
10.5 North America Smart Roads Product Market Size and Forecast, By Traffic Management System
10.6 North America Smart Roads Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11Europe Smart Roads Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Europe Smart Roads Product Market Share Analysis, By Technology
11.3 Europe Smart Roads Product Market Size and Forecast, By Sensor
11.4 Europe Smart Roads Product Market Size and Forecast, By Deployment
11.5 Europe Smart Roads Product Market Size and Forecast, By Traffic Management System
11.6 Europe Smart Roads Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12Asia Pacific Smart Roads Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Asia Pacific Smart Roads Product Market Share Analysis, By Technology
12.3 Asia Pacific Smart Roads Product Market Size and Forecast, By Sensor
12.4 Asia Pacific Smart Roads Product Market Size and Forecast, By Deployment
12.5 Asia Pacific Smart Roads Product Market Size and Forecast, By Traffic Management System
12.6 Asia Pacific Smart Roads Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Smart Roads Market Analysis and Forecast (2020 – 2030)
13.1 Introduction
13.2 Latin America Smart Roads Product Market Share Analysis, By Technology
13.3 Latin America Smart Roads Product Market Size and Forecast, By Sensor
13.4 Latin America Smart Roads Product Market Size and Forecast, By Deployment
13.5 Latin America Smart Roads Product Market Size and Forecast, By Traffic Management System
13.6 Latin America Smart Roads Product Market Size and Forecast, By Country
14Middle East Smart Roads Market Analysis and Forecast (2020 – 2030)
14.1 Introduction
14.2 Middle East Smart Roads Product Market Share Analysis, By Technology
14.3 Middle East Smart Roads Product Market Size and Forecast, By Sensor
14.4 Middle East Smart Roads Product Market Size and Forecast, By Deployment
14.5 Middle East Smart Roads Product Market Size and Forecast, By Traffic Management System
14.6 Middle East Smart Roads Product Market Size and Forecast, By Country
15Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16Company Profiles
16.1 Siemens AG
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Alcatel Lucent
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Kapsch AG
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Huawei
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Xerox Corporation
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 LG CNS
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Indra Sistemas, S.A
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 IBM Corporation
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Schneider Electric
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Intelligent Highway Solutions Inc
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
16.11 Infineon Technologies
16.11.1 Overview
16.11.2 Offerings
16.11.3 Key Financials
16.11.4 Business Segment & Geographic Overview
16.11.5 Key Market Developments
16.11.6 Key Strategies