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Smart Roads Market, Information, by Technology (Transportation and Communication Systems, Traffic Management System), Sensor (Anemometers, Strain Gauges, Accelerometers, Weigh-in-motion Devices, Temperature Sensors, Others), Deployment (On-Premise, On-Cloud) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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With the increase in automated vehicles and traffic worldwide, there is also an increase in the risk of uncertainties. Smart road is an efficient solution for this problem. Smart roads enable easy driving for the driver as it guides him about the road. It even gives the information about the road that the driver cannot see. It signals the vehicle about any possible incident likely to happen. Smart roads are equipped with advanced sensors and technological equipment that assists the driver and makes driving more efficient and effortless. This report studies the current and future aspects of the smart roads market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the smart roads market. The scope of this report covers the smart roads market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • Rise in automated vehicles and a discrepancy in traffic norms is increasing the chances of road accidents. Drivers need a specialized technology that can not only guide them about the road but also about the vehicle. This will make their driving experience more effortless.
  • Smart roads offer the absolute benefit of safe driving. Governments in various countries are taking efforts to make road driving safer, hence creating new growth opportunities for the smart roads market. Developing countries are also taking efforts to minimize road accidents and are using smart road options to cater to this problem.

The global smart roads market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the highest market share and is the largest revenue contributor for the smart roads market. The region is dominant because of advancement in technology. Countries like U.S. and Canada are advancing in the field of technology and manufacturing smart road equipment. They pay more attention to road safety and are therefore promoting the market growth. Next in line is the Europe region which is witnessing a rapid market growth during the forecasted period due to awareness about road safety measures. Asia-Pacific region is also growing steadily because of increased efforts by government to make roads safer for driving and reduce incidences of road accidents. Countries like China and Japan are paying more attention to road safety and working on creating smart roads.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s smart roads market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the smart roads market by the following segments:

  • Smart Roads Market, by Technology
    • Transportation and Communication
    • Traffic Management System
  • Smart Roads Market, by Sensor
    • Anemometers
    • Strain Gauges
    • Accelerometers
    • Weigh-in-motion Devices
    • Temperature Sensors
    • Others
  • Smart Roads Market, by Deployment
    • On-Premise
    • On-Cloud

KEY MARKET PLAYERS

Key players in the smart roads market include:

  • Alcatel Lucent
  • Kapsch AG
  • Indra Sistemas, S.A.
  • LG CNS
  • Siemens AG
  • Cisco
  • Kapsch TrafficCom
  • Xerox Corporation
  • Huawei

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. SMART ROADS MARKET, BY TECHNOLOGY
    1. Segment Share
    2. By Technology
      1. Transportation and Communication
      2. Traffic Management System
  6. SMART ROADS MARKET, BY SENSOR
    1. Segment share
    2. By Sensor
      1. Anemometers
      2. Strain Gauges
      3. Accelerometers
      4. Weigh-in-motion Devices
      5. Temperature Sensors
      6. Others
  7. SMART ROADS MARKET, BY DEPLOYMENT
    1. Segment Share
    2. By Deployment
      1. On-Premise
      2. On-Cloud
  8. SMART ROADS MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Technology
      3. By Sensor
      4. By Deployment
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Technology
      3. By Sensor
      4. By Deployment
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Technology
      3. By Sensor
      4. By Deployment
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Technology
      3. By Sensor
      4. By Deployment
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Technology
      3. By Sensor
      4. By Deployment
  9. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  10. KEY MARKET PLAYERS
    1. Alcatel Lucent
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. Kapsch AG
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Indra Sistemas, S.A.
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. LG CNS
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Siemens AG
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Cisco
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. Kapsch TrafficCom
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Xerox Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. Huawei
      1. Overview
      2. Key Strategies
      3. Key Developments
  11. SCALAR 360 DEGREE MARKET PERSPECTIVE
  12. APPENDIX
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