Smart Highways Market Research Report - Global Forecast 2023

Smart Highways Market Research Report - Global Forecast 2023

ID: MRFR/ICT/2155-HCRR | July, 2017 | Region: Global | 100 pages | Half-Cooked Research Reports

Smart Highways Market, By Technology (Intelligent Transportation Management System, Intelligent Traffic Management System), Service (Maintenance and Operations, Consultancy and Managed), Display (Variable Message Signs)- Global Forecast 2023

Market Synopsis of Smart Highways Market:
Market Scenario:
Smart highways are those which are built in with different technologies to make day-to-day traffic flow easy and manageable. The higher demand for travel and awareness about the time being consumed are driving the smart highways market. The increased need for more reliable, safe, and efficient transportation and growth of interstate highways market are playing a major role in shaping the future of smart highways market.


The concept of smart highways is to resolve traffic issues and minimize the traffic, in order to make travel experience less time consuming.


The major forces driving this market are congestion free travel experience and less time consuming.


The technologies which are implemented in the smart highway are lane departure warning, automatic number plate recognition, incident detection system, and many more. Adoption of such technologies is playing a major role in boosting the market growth.


The global Smart Highways Market is expected to grow at approx. USD 44 Billion by 2023, at 16% of CAGR between 2017 and 2023.
 


Study Objectives of Smart Highways Market:



  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the smart highways market.

  • To provide insights about factors affecting the market growth.

  • To analyze the smart highways market based on porter’s five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segment on the basis of technology, display, service and deployment.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the smart highways market.




Smart Highways Market
Smart Highways Market



Key Players:
The prominent players in the smart highways market are - LG CNS Corporation (South Korea), Alcatel-Lucent S.A. (France), Siemens AG (Germany), Kapsch AG (Austria), Cisco Systems (U.S.), Indra Sistemas, S.A., IBM Corporation (U.S.), Schneider Electric SE (France), Huawei Technologies Co. Ltd. (China), TrafficCom (Austria), Xerox Corporation (U.S.), among others.


 


Segments:
Smart Highways market is segmented on the basis technology, display system, service and deployment.
Smart highways market by technology:


By intelligent transportation management system



  • Automatic number plate recognition

  • Lane departure warning system

  • Radio frequency identification

  • Incident detection system




By intelligent traffic management system



  • Global navigation satellite system

  • Electronic toll collection system

  • Real-time traffic management

  • Global positioning system




By communication system



  • Radio network

  • Emergency network

  • Data network




By monitoring system



  • Weather management

  • Traffic measurement

  • Video surveillance




Smart highways market by display system:



  • Variable message signs

  • Digital signage

  • Others




Smart highways market by service:



  • Maintenance and operation

  • Consultancy

  • Managed

  • Others




Smart highways market by deployment:



  • Cloud

  • On premise


 


Regional Analysis:
The regional analysis of smart highways market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World.


It has been observed that U.S. region would account for larger share in smart highways market. The region has strong connectivity and therefore can provide more accurate information which helps in managing the traffic issues. The infrastructure of the U.S. region is another contributing factor that accounts for its higher market share.


The study reveals that Asia-Pacific region is the fastest growing market which is expected to exhibit a significant growth in smart highways market in the forecast period. In Asia-Pacific countries like China, Japan and Korea will spur future growth in the market.


The transportation companies are providing intelligent highway solution and services to enable smart city projects. The government is also supporting the highway technology vendors and supplier companies through investments to support them in developing new technologies and products.


Intended Audience



  • Technology investors

  • Integrated device manufacturers (IDMs)

  • Original  manufacturers (OEMs)

  • Smart grid integrators

  • Research/Consultancy firms

TABLE OF CONTENTS

1    MARKET INTRODUCTION


      1.1    INTRODUCTION    

      1.2    SCOPE OF STUDY

            1.2.1    RESEARCH OBJECTIVE

            1.2.2    ASSUMPTIONS

            1.2.3    LIMITATIONS

      1.3    MARKET STRUCTURE

2    RESEARCH METHODOLOGY

      2.1    RESEARCH TYPE

      2.2    PRIMARY RESEARCH

      2.3    SECONDARY RESEARCH

      2.4    FORECAST MODEL

            2.4.1    MARKET DATA COLLECTION, ANALYSIS & FORECAST

            2.4.2    MARKET SIZE ESTIMATION

3    MARKET DYNAMICS 

      3.1    INTRODUCTION

      3.2    MARKET DRIVERS

      3.3    MARKET CHALLENGES

      3.4    MARKET OPPORTUNITIES 

      3.5    MARKET RESTRAINTS

4.    EXECUTIVE SUMMARY 

5.    MARKET FACTOR ANALYSIS


      5.1    PORTER’S FIVE FORCES ANALYSIS

      5.2    SUPPLY CHAIN ANALYSIS

6    SMART HIGHWAYS MARKET, BY SEGMENTS

      6.1    INTRODUCTION

      6.2    MARKET STATISTICS

            6.2.1    BY TECHNOLOGY

                6.2.1.1    BY INTELLIGENT TRANSPORTATION MANAGEMENT SYSTEM

                  6.2.1.1.1    AUTOMATIC NUMBER PLATE RECOGNITION    

                  6.2.1.1.2    LANE DEPARTURE WARNING SYSTEM

                  6.2.1.1.3    RADIO FREQUENCY IDENTIFICATION

                  6.2.1.1.4    INCIDENT DETECTION SYSTEM

                6.2.1.2    BY INTELLIGENT TRAFFIC MANAGEMENT SYSTEM

                  6.2.1.2.1           GLOBAL NAVIGATION SATELLITE SYSTEM

                  6.2.1.2.2    ELECTRONIC TOLL COLLECTION SYSTEM

                  6.2.1.2.3    REAL-TIME TRAFFIC MANAGEMENT

                  6.2.1.2.4    GLOBAL POSITIONING SYSTEM

                6.2.1.3    BY COMMUNICATION SYSTEM

                  6.2.1.3.1    RADIO NETWORK

                  6.2.1.3.2    EMERGENCY NETWORK

                  6.2.1.3.3    DATA NETWORK

                6.2.1.4    BY MONITORING SYSTEM

                  6.2.1.4.1    WEATHER MANAGEMENT

                  6.2.1.4.2    TRAFFIC MEASUREMENT

                  6.2.1.4.3    VIDEO SURVEILLANCE

            6.2.2    BY DISPLAY SYSTEM

                6.2.5.1    VARIABLE MESSAGE SIGNS

                6.2.5.2    DIGITAL SIGNAGE

                6.2.5.3    OTHERS

            6.2.6    BY SERVICE

                6.2.6.1    MAINTAINENCE AND OPERATION SERVICE

                6.2.6.2    CONSULTANCY SERVICE

                6.2.6.3    MANAGED SERVICE

                6.2.6.4    OTHERS

            6.2.7    BY DEPLOYMENT

                6.2.7.1    ON CLOUD

                6.2.7.2    ON PREMISE

            6.2.8    BY GEOGRAPHY

                6.2.8.1    NORTH AMERICA

                6.2.8.2    EUROPE

                6.2.8.3    ASIA-PACIFIC

                6.2.8.4    REST OF THE WORLD

7    COMPETITIVE ANALYSIS

      7.1    MARKET SHARE ANALYSIS

      7.2    COMPANY PROFILES

            7.2.1    ALCATEL-LUCENT S.A. (FRANCE)

            7.2.2    CISCO SYSTEMS, INC. (U.S.)

            7.2.3    HUAWEI TECHNOLOGIES CO. LTD. (CHINA)

            7.2.4    INTERNATIONAL BUSINESS MACHINE (U.S.)

            7.2.5    KAPSCH AG (AUSTRIA)

            7.2.6    LG CNS CORPORATION (SOUTH KOREA)

            7.2.7    SCHNEIDER ELECTRIC (FRANCE)

            7.2.8    SIEMENS AG (GERMANY)

            7.2.9    XEROX CORPORATION (U.S.)

            7.2.10    TRAFFICCOM (AUSTRIA)

            7.2.11    OTHERS

LIST OF TABLES

TABLE 1       SMART HIGHWAYS MARKET, BY TECHNOLOGY

TABLE 2       SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM

TABLE 3       SMART HIGHWAYS MARKET, BY SERVICE

TABLE 4       SMART HIGHWAYS MARKET, BY DEPLOYMENT

TABLE 5       SMART HIGHWAYS MARKET, BY GEOGRAPHY

TABLE 6       NORTH AMERICA SMART HIGHWAYS MARKET, TECHNOLOGY

TABLE 7      NORTH AMERICA SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM

TABLE 8      NORTH AMERICA SMART HIGHWAYS MARKET, BY SERVICE

TABLE 9     NORTH AMERICA SMART HIGHWAYS MARKET, BY DEPLOYMENT

TABLE 10    U.S. SMART HIGHWAYS MARKET, TECHNOLOGY

TABLE 11    U.S. SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM

TABLE 12    U.S. SMART HIGHWAYS MARKET, BY SERVICE

TABLE 13    U.S. SMART HIGHWAYS MARKET, BY DEPLOYMENT

TABLE 14    CANADA SMART HIGHWAYS MARKET, TECHNOLOGY

TABLE 15    CANADA SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM

TABLE 16    CANADA SMART HIGHWAYS MARKET, BY SERVICE

TABLE 17    CANADA SMART HIGHWAYS MARKET, BY DEPLOYMENT

TABLE 18    EUROPE SMART HIGHWAYS MARKET, TECHNOLOGY

TABLE 19    EUROPE SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM

TABLE 20    EUROPE SMART HIGHWAYS MARKET, BY SERVICE

TABLE 21    EUROPE SMART HIGHWAYS MARKET, BY DEPLOYMENT

TABLE 22    GERMANY SMART HIGHWAYS MARKET, BY TECHNOLOGY

TABLE 23    GERMANY SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM

TABLE 24    GERMANY SMART HIGHWAYS MARKET, BY SERVICE

TABLE 25    GERMANY SMART HIGHWAYS MARKET, BY DEPLOYMENT

TABLE 26    FRANCE SMART HIGHWAYS MARKET, BY TECHNOLOGY

TABLE 27    FRANCE SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM

TABLE 28    FRANCE SMART HIGHWAYS MARKET, BY SERVICE

TABLE 29    FRANCE SMART HIGHWAYS MARKET, BY DEPLOYMENT

TABLE 30    U.K. SMART HIGHWAYS MARKET, BY TECHNOLOGY

TABLE 31    U.K. SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM

TABLE 32    U.K. SMART HIGHWAYS MARKET, BY SERVICE

TABLE 33    U.K. SMART HIGHWAYS MARKET, BY DEPLOYMENT

TABLE 34    ASIA-PACIFIC SMART HIGHWAYS MARKET, BY TECHNOLOGY

TABLE 35    ASIA-PACIFIC SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM

TABLE 36    ASIA-PACIFIC SMART HIGHWAYS MARKET, BY SERVICE

TABLE 37    ASIA-PACIFIC SMART HIGHWAYS MARKET, BY DEPLOYMENT

TABLE 38    REST OF THE WORLD SMART HIGHWAYS MARKET, BY TECHNOLOGY

TABLE 39    REST OF THE WORLD SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM

TABLE 40    REST OF THE WORLD SMART HIGHWAYS MARKET, BY SERVICE

TABLE 41    REST OF THE WORLD SMART HIGHWAYS MARKET, BY DEPLOYMENT 

LIST OF FIGURES

FIGURE 1    RESEARCH TYPE

FIGURE 2    SMART HIGHWAYS MARKET, TECHNOLOGY (%)

FIGURE 3    SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM (%)

FIGURE 4    SMART HIGHWAYS MARKET, BY SERVICE (%)

FIGURE 5    SMART HIGHWAYS MARKET, BY DEPLOYMENT (%)

FIGURE 6    SMART HIGHWAYS MARKET, BY GEOGRAPHY (%)

FIGURE 7    NORTH AMERICA SMART HIGHWAYS MARKET, BY TECHNOLOGY (%)

FIGURE 8    NORTH AMERICA SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM (%)

FIGURE 9    NORTH AMERICA SMART HIGHWAYS MARKET, BY SERVICE (%)

FIGURE 10    NORTH AMERICA SMART HIGHWAYS MARKET, BY DEPLOYMENT (%)

FIGURE 11    EUROPE SMART HIGHWAYS MARKET, BY TECHNOLOGY (%)

FIGURE 12    EUROPE SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM (%)

FIGURE 13    EUROPE SMART HIGHWAYS MARKET, BY SERVICE (%)

FIGURE 14    EUROPE SMART HIGHWAYS MARKET, BY DEPLOYMENT (%)

FIGURE 15    ASIA-PACIFIC SMART HIGHWAYS MARKET, BY TECHNOLOGY (%)

FIGURE 16    ASIA-PACIFIC SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM (%)

FIGURE 17    ASIA-PACIFIC SMART HIGHWAYS MARKET, BY SERVICE (%)

FIGURE 18    ASIA-PACIFIC SMART HIGHWAYS MARKET, BY DEPLOYMENT (%)

FIGURE 19    REST OF THE WORLD SMART HIGHWAYS MARKET, BY TECHNOLOGY (%)

FIGURE 20    REST OF THE WORLD SMART HIGHWAYS MARKET, BY DISPLAY SYSTEM (%)

FIGURE 21    REST OF THE WORLD SMART HIGHWAYS MARKET, BY SERVICE (%)

FIGURE 22    REST OF THE WORLD SMART HIGHWAYS MARKET, BY DEPLOYMENT (%)