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Smart Highways-Global Market Insights and Sales Trends 2024
Synopsis
Smart highways are those which are built in with different technologies to make day-to-day traffic flow easy and manageable.
The global Smart Highways market size is expected to reach US$ 50740 million by 2029, growing at a CAGR of 9.9% from 2023 to 2029. The market is mainly driven by the significant applications of Smart Highways in various end use industries. The expanding demands from the Urban Transport, Highway and Other, are propelling Smart Highways market. Automatic Number Plate Recognition, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lane Departure Warning System segment is estimated at % CAGR for the next seven-year period.
The higher demand for travel and awareness about the time being consumed are driving the smart highways market.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smart Highways, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Smart Highways market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Smart Highways market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Highways sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Smart Highways covered in this report include LG CNS, Alcatel-Lucent, Siemens, Kapsch, Cisco Systems, Indra Sistemas, IBM, Schneider Electric and Huawei Technologies, etc.
The global Smart Highways market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
LG CNS
Alcatel-Lucent
Siemens
Kapsch
Cisco Systems
Indra Sistemas
IBM
Schneider Electric
Huawei Technologies
TrafficCom
Xerox
Global Smart Highways market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smart Highways market, Segment by Type:
Automatic Number Plate Recognition
Lane Departure Warning System
Radio Frequency Identification
Incident Detection System
Global Smart Highways market, by Application
Urban Transport
Highway
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Smart Highways companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Smart highways are those which are built in with different technologies to make day-to-day traffic flow easy and manageable.
The global Smart Highways market size is expected to reach US$ 50740 million by 2029, growing at a CAGR of 9.9% from 2023 to 2029. The market is mainly driven by the significant applications of Smart Highways in various end use industries. The expanding demands from the Urban Transport, Highway and Other, are propelling Smart Highways market. Automatic Number Plate Recognition, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lane Departure Warning System segment is estimated at % CAGR for the next seven-year period.
The higher demand for travel and awareness about the time being consumed are driving the smart highways market.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smart Highways, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Smart Highways market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Smart Highways market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Highways sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Smart Highways covered in this report include LG CNS, Alcatel-Lucent, Siemens, Kapsch, Cisco Systems, Indra Sistemas, IBM, Schneider Electric and Huawei Technologies, etc.
The global Smart Highways market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
LG CNS
Alcatel-Lucent
Siemens
Kapsch
Cisco Systems
Indra Sistemas
IBM
Schneider Electric
Huawei Technologies
TrafficCom
Xerox
Global Smart Highways market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smart Highways market, Segment by Type:
Automatic Number Plate Recognition
Lane Departure Warning System
Radio Frequency Identification
Incident Detection System
Global Smart Highways market, by Application
Urban Transport
Highway
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Smart Highways companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Smart Highways
1.1 Smart Highways Market Overview
1.1.1 Smart Highways Product Scope
1.1.2 Smart Highways Market Status and Outlook
1.2 Global Smart Highways Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Smart Highways Market Size by Region (2018-2029)
1.4 Global Smart Highways Historic Market Size by Region (2018-2023)
1.5 Global Smart Highways Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Smart Highways Market Size (2018-2029)
1.6.1 North America Smart Highways Market Size (2018-2029)
1.6.2 Europe Smart Highways Market Size (2018-2029)
1.6.3 Asia-Pacific Smart Highways Market Size (2018-2029)
1.6.4 Latin America Smart Highways Market Size (2018-2029)
1.6.5 Middle East & Africa Smart Highways Market Size (2018-2029)
2 Smart Highways Market by Type
2.1 Introduction
2.1.1 Automatic Number Plate Recognition
2.1.2 Lane Departure Warning System
2.1.3 Radio Frequency Identification
2.1.4 Incident Detection System
2.2 Global Smart Highways Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Smart Highways Historic Market Size by Type (2018-2023)
2.2.2 Global Smart Highways Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Smart Highways Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Smart Highways Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Smart Highways Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Smart Highways Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Smart Highways Revenue Breakdown by Type (2018-2029)
3 Smart Highways Market Overview by Application
3.1 Introduction
3.1.1 Urban Transport
3.1.2 Highway
3.1.3 Other
3.2 Global Smart Highways Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Smart Highways Historic Market Size by Application (2018-2023)
3.2.2 Global Smart Highways Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Smart Highways Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Smart Highways Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Smart Highways Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Smart Highways Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Smart Highways Revenue Breakdown by Application (2018-2029)
4 Smart Highways Competition Analysis by Players
4.1 Global Smart Highways Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Smart Highways as of 2022)
4.3 Date of Key Players Enter into Smart Highways Market
4.4 Global Top Players Smart Highways Headquarters and Area Served
4.5 Key Players Smart Highways Product Solution and Service
4.6 Competitive Status
4.6.1 Smart Highways Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 LG CNS
5.1.1 LG CNS Profile
5.1.2 LG CNS Main Business
5.1.3 LG CNS Smart Highways Products, Services and Solutions
5.1.4 LG CNS Smart Highways Revenue (US$ Million) & (2018-2023)
5.1.5 LG CNS Recent Developments
5.2 Alcatel-Lucent
5.2.1 Alcatel-Lucent Profile
5.2.2 Alcatel-Lucent Main Business
5.2.3 Alcatel-Lucent Smart Highways Products, Services and Solutions
5.2.4 Alcatel-Lucent Smart Highways Revenue (US$ Million) & (2018-2023)
5.2.5 Alcatel-Lucent Recent Developments
5.3 Siemens
5.3.1 Siemens Profile
5.3.2 Siemens Main Business
5.3.3 Siemens Smart Highways Products, Services and Solutions
5.3.4 Siemens Smart Highways Revenue (US$ Million) & (2018-2023)
5.3.5 Kapsch Recent Developments
5.4 Kapsch
5.4.1 Kapsch Profile
5.4.2 Kapsch Main Business
5.4.3 Kapsch Smart Highways Products, Services and Solutions
5.4.4 Kapsch Smart Highways Revenue (US$ Million) & (2018-2023)
5.4.5 Kapsch Recent Developments
5.5 Cisco Systems
5.5.1 Cisco Systems Profile
5.5.2 Cisco Systems Main Business
5.5.3 Cisco Systems Smart Highways Products, Services and Solutions
5.5.4 Cisco Systems Smart Highways Revenue (US$ Million) & (2018-2023)
5.5.5 Cisco Systems Recent Developments
5.6 Indra Sistemas
5.6.1 Indra Sistemas Profile
5.6.2 Indra Sistemas Main Business
5.6.3 Indra Sistemas Smart Highways Products, Services and Solutions
5.6.4 Indra Sistemas Smart Highways Revenue (US$ Million) & (2018-2023)
5.6.5 Indra Sistemas Recent Developments
5.7 IBM
5.7.1 IBM Profile
5.7.2 IBM Main Business
5.7.3 IBM Smart Highways Products, Services and Solutions
5.7.4 IBM Smart Highways Revenue (US$ Million) & (2018-2023)
5.7.5 IBM Recent Developments
5.8 Schneider Electric
5.8.1 Schneider Electric Profile
5.8.2 Schneider Electric Main Business
5.8.3 Schneider Electric Smart Highways Products, Services and Solutions
5.8.4 Schneider Electric Smart Highways Revenue (US$ Million) & (2018-2023)
5.8.5 Schneider Electric Recent Developments
5.9 Huawei Technologies
5.9.1 Huawei Technologies Profile
5.9.2 Huawei Technologies Main Business
5.9.3 Huawei Technologies Smart Highways Products, Services and Solutions
5.9.4 Huawei Technologies Smart Highways Revenue (US$ Million) & (2018-2023)
5.9.5 Huawei Technologies Recent Developments
5.10 TrafficCom
5.10.1 TrafficCom Profile
5.10.2 TrafficCom Main Business
5.10.3 TrafficCom Smart Highways Products, Services and Solutions
5.10.4 TrafficCom Smart Highways Revenue (US$ Million) & (2018-2023)
5.10.5 TrafficCom Recent Developments
5.11 Xerox
5.11.1 Xerox Profile
5.11.2 Xerox Main Business
5.11.3 Xerox Smart Highways Products, Services and Solutions
5.11.4 Xerox Smart Highways Revenue (US$ Million) & (2018-2023)
5.11.5 Xerox Recent Developments
6 North America
6.1 North America Smart Highways Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Smart Highways Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Smart Highways Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Smart Highways Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Smart Highways Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Smart Highways Market Dynamics
11.1 Smart Highways Industry Trends
11.2 Smart Highways Market Drivers
11.3 Smart Highways Market Challenges
11.4 Smart Highways Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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