Smart Highway

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,950	396 Pages	Global Industry Analysts	September, 2023	GJOB18200298

Best Price Guarantee
Price	from $4,950
Length	396 Pages
Publisher	Global Industry Analysts
Published Date	September, 2023
SKU	GJOB18200298

Smart Highway

Global Smart Highway Market to Reach $133 Billion by 2030
The global market for Smart Highway estimated at US$40 Billion in the year 2022, is projected to reach a revised size of US$133 Billion by 2030, growing at a CAGR of 16.2% over the period 2022-2030. Intelligent Transportation Management, one of the segments analyzed in the report, is projected to record 17.8% CAGR and reach US$78.4 Billion by the end of the analysis period. Growth in the Intelligent Traffic Management segment is estimated at 15.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $16.9 Billion, While China is Forecast to Grow at 14.9% CAGR
The Smart Highway market in the U.S. is estimated at US$16.9 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.7 Billion by the year 2030 trailing a CAGR of 14.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.4% and 13.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 17.1% CAGR.Select Competitors (Total 53 Featured) -

IBM Corporation
Huawei Technologies Co., Ltd.
Advantech Co., Ltd.
Indra Sistemas SA
Cubic Corporation
International Road Dynamics, Inc.
Iteris, Inc.
Cellint Traffic Solutions
Citilog
IntelliVision
GMV Innovating Solutions SL
EFKON GmbH
Cohda Wireless Pty Ltd.
ALE International
Electronics and Telecommunications Research Institute (ETRI)

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.

I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW: Influencer Market Insights; World Market Trajectories; Rise in Smart City Initiatives, the Cornerstone for the Growth of Smart Transportation; Robust Investments in Smart City ICT Technologies Provides the Foundation for the Growth of Smart Highways in Smart City Enablement: Global Market for Smart City Technologies (Hardware, Software, and Services) In US$ Million for the Years 2017 & 2020; Growing Investments in Infrastructure Development, Especially Roads & Highways, Drives Demand for a Broad Array of ITS Technologies; The Growing Need to Bridge Infrastructure Gap Which is the Highest for Roadways Promises Robust Opportunity for Smart Highways: Global Cumulative Investments in Roadways Vs Actual Need for the Period 2016-2040 (In US$ Billion); Continuous Development of World's Highways to Expand Market Opportunities for Intelligent Transportation Systems (ITS) & Allied Markets: Length of Road Networks (In 000 Kilometers) in Top 15 Countries Worldwide for the Year 2018; Proliferation of Smart Cars & Allied Enabling Technologies Preps the Smart Highway Market for Growth; The Unprecedented Rise of Connected Cars as the Future of Driving Fuels the Viability of Smart Highways: Global Number of Connected Cars Shipped (In 000 Units) for the Years 2017, 2019 and 2022; Vehicle Telematics Plays a Huge Role in Advancing the Concept of Smart Highways & Smart Roads; Telematics Plays a Huge Role in Automating Highways & Improving Safety on Roads, Which are the Primary Goals of Smart Highways: Global Automotive Telematics Market (In US$ Billion) for the Years 2017, 2019 and 2022; Smart Highway - Global Key Competitors Percentage Market Share in 2022 (E); Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E); Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS: ALE International (France); Conduent, Inc. (USA); Cisco Systems Inc. (USA); Huawei Technologies Co., Ltd. (China); IBM Corporation (USA); Indra Sistemas, S.A. (Spain); Infineon Technologies AG (Germany); Kapsch TrafficCom AG (Austria); LG CNS Corporation (South Korea); Nokia (Finland); Siemens Mobility GmbH (Germany)
3. MARKET TRENDS & DRIVERS: Focus on Road User Charging as the Only Sustainable Way to Fund Road Infrastructure Development Drives Investments in ETC Systems; Migration from Manual Toll Gates to Electronic Toll Gates Gains Momentum