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Global Smart Highway Construction Market 2017-2021

Global Smart Highway Construction Market 2017-2021

About Smart Highway Construction

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.

Technavio’s analysts forecast the global smart highway construction market to grow at a CAGR of 93.54% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart highway construction market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Highway Construction Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Continental Engineering
  • Heijmans
  • Nippon Koei
  • Transstroy
  • VINCI Construction
Other prominent vendors
  • ABB
  • Alcatel-Lucent
  • Cisco
  • Colas
  • Huawei Technologies
  • IBM
  • Indra
  • Kapsch Group
  • LG CNS
  • Schneider Electric
  • Siemens
  • Solar Roadways
  • Studio Roosegaarde
  • Xerox Corporation
Market driver
  • Rising trend of smart cities
  • For a full, detailed list, view our report
Market challenge
  • High cost of installation
  • For a full, detailed list, view our report
Market trend
  • Smart concepts for smart highways
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Highway Construction Market 2017-2021

Technavio recognizes the following companies as the key players in the global smart highway construction market: Continental Engineering, Heijmans, Nippon Koei, Transstroy and VINCI Construction.

Other Prominent Vendors in the market are: ABB, Alcatel-Lucent, Cisco, Colas, Huawei Technologies, IBM, Indra, Kapsch Group, LG CNS, Schneider Electric, Siemens, Solar Roadways, Studio Roosegaarde and Xerox Corporation.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is smart concepts for smart highways. Highway lights consume little energy to illuminate, guide motorists, and display warnings signs during night time. However, it has been found that these lights remain illuminated throughout the day, wasting electricity.”

According to the report, one driver in the market is rising trend of smart cities. It is expected that by 2030, one in every three people will live in urban areas. This will cause immense stress on urban area resources such as power and water. Therefore, it has led to the development of the smart city concept, which is meant for urban development, and is formed by linking multiple information of communication technology (ICT) and internet of things (IoT) to secure a solution to manage cities assets such as roads, traffic, energy, water, and so on.

Further, the report states that one challenge in the market is high cost of installation. The solar road panels used in smart highways integrate various technologies into one panel. Such panels are used to generate electricity by harnessing solar energy. However, the key problem with the development of such smart panels is the cost associated with the technologies used in their production.



Companies Mentioned

Continental Engineering, Heijmans, Nippon Koei, Transstroy, VINCI Construction, ABB, Alcatel-Lucent, Cisco, Colas, Huawei Technologies, IBM, Indra, Kapsch Group, LG CNS, Schneider Electric, Siemens, Solar Roadways, Studio Roosegaarde and Xerox Corporation.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Types of green energy used on smart highways
      • Table Global smart highway construction market by geography 2016-2021
      • Table Global smart highway construction market by source of funding 2016-2021
  • Market landscape
    • Market overview
      • Table Global smart highway construction market segmentation
    • Market size and forecast
      • Table Global smart highway construction market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by source of funding
    • Global smart highway construction by source of funding
      • Table Global smart highway construction market by source of funding 2016 and 2021 (%)
    • Global smart highway construction market by government funding
      • Table Global smart highway construction market by government funding 2016-2021 ($ millions)
      • Table Various government funding models
    • Global smart highways construction market by other funding
      • Table Global smart highway market by other funding 2016-2021 ($ millions)
      • Table Different types of PPP models
  • Geographical segmentation
    • Global smart highway construction market by geography
      • Table Global smart highway construction market by geography 2016 and 2021 (%)
    • Smart highway construction market in APAC
      • Table Smart highway construction market in APAC 2016-2021 ($ millions)
      • Table Road projects approval process
    • Smart highway construction market in EMEA
      • Table Smart highway construction market in EMEA ($ millions)
      • Table Benefits of smart lighting in smart highways
    • Smart highway construction market in Americas
      • Table Smart highway construction market in the Americas ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Constituents of smart cities
    • Market challenges
      • Table Smart highway cost model
      • Table Disadvantages of solar roads in smart highway construction
  • Market trends
    • Smart concepts for smart highways
      • Table Benefits of glowing paint on highways
    • Solar roads in smart highways
    • Intelligent transportation system
    • Smart geo in smart highways
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Continental Engineering
      • Table Continental Holdings: Business segments
      • Table Continental Engineering: Smart highway project
    • Heijmans
      • Table Business model of the Heijmans
      • Table Heijmans: Smart highway projects
    • Nippon Koei
      • Table Nippon Koei: Subsidiaries
      • Table Nippon Koei: Smart highway projects
    • Transstroy
      • Table Transstroy: Business Segmentation
      • Table Transstroy: Smart highway construction
    • VINCI Construction
      • Table VINCI Construction: Business segments
      • Table VINCI Construction: Smart highway construction
  • Appendix
    • List of abbreviations
  • Explore Technavio

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