Smart Highway Construction Market

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 30 major countries.
Smart highway construction aims to incorporate technologies to make highway roads safer, smarter, and more energy efficient; and to generate electricity by harnessing solar, wind, and vibration energy. The electricity, so produced, can be utilized to charge electric vehicles, power street lamps, and can be used to power traffic monitoring systems.
The government funding segment accounted for the major shares and dominated the global smart highway construction market during 2020. A large number of countries are increasingly focusing on the construction of smart highways as a sustainable solution to limit GHG emissions and promote the usage of electric vehicles. Since, the construction of smart highways involves a number of benefits such as shorter trip time, reduced traffic congestion, fewer traffic accidents, and reduced carbon emissions, more countries will increase their funding for the construction of the smart highways during the next few years.
The smart highway construction market will be dominated by APAC during the next few years. Factors such as the growing number of infrastructural developments in various countries such as India, Australia, and New Zealand, an increase in the number of smart highway projects, and the reduction in traffic congestions and GHG emissions, will stimulate the growth of the smart highway construction market in this region.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Smart Highway Construction by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Smart Highway Construction market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

First, this report covers the present status and the future prospects of the global Smart Highway Construction market for 2015-2027.

Key Companies
Continental Engineering
Heijmans
IBM
Cisco
Nippon Koei
Transstroy
VINCI Construction
ABB
Alcatel-Lucent
Colas
Huawei Technologies
Indra


At the same time, we classify Smart Highway Construction according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
Photovoltaic Pavement
Wireless Vehicle Charging
Frost Protection and Melting Snow, Ice
Road Markings
Other

Market by Application
Government Funding
Other Funding

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Smart Highway Construction market for the forecast period 2021 - 2027?
• What are the driving forces in the Smart Highway Construction market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Smart Highway Construction industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

For any other requirements, please feel free to contact us and we will provide you customized report.