Smart Highway

Global Market Trajectory & Analytics

MCP14814

EXECUTIVE ENGAGEMENTS

POOL

24228
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

2181
Interactions with Platform & by Email

PARTICIPANTS

483
Unique # Participated

VALIDATIONS

81
Responses Validated*

COMPANIES

53
Responses Validated*
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DATE

MAY 2021

TABLES

36

PAGES

396

EDITION

6

PRICE

USD 4950

CODE

MCP14814


COMPETITIVE METRICS

COMPANY

D S N T

% *

Advantech Co., Ltd.

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ALE International

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All Traffic Solutions

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ARS Traffic & Transport Technology

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Asian Traffic Technologies

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A-STAR Global (FZE)

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ATT Systems (S`pore) Pte Ltd.

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BrightQuadrant Corporation

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Cellint Traffic Solutions

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Chetu, Inc.

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HIGHLIGHTS & REPORT INDEX

Amid the COVID-19 crisis, the global market for Smart Highway estimated at US$17 Billion in the year 2020, is projected to reach a revised size of US$51.3 Billion by 2027, growing at a CAGR of 17.1% over the analysis period 2020-2027.Intelligent Transportation Management, one of the segments analyzed in the report, is projected to grow at a 18.6% CAGR to reach US$27.5 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Intelligent Traffic Management segment is readjusted to a revised 17% CAGR for the next 7-year period. This segment currently accounts for a 21.9% share of the global Smart Highway market.
The Smart Highway market in the U.S. is estimated at US$5 Billion in the year 2020. The country currently accounts for a 29.63% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$8.8 Billion in the year 2027 trailing a CAGR of 16.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.4% and 14.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.4% CAGR while Rest of European market (as defined in the study) will reach US$8.8 Billion by the year 2027.
In the global Communication segment, USA, Canada, Japan, China and Europe will drive the 15.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.9 Billion in the year 2020 will reach a projected size of US$5.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.1 Billion by the year 2027.

SELECT PLAYERS

Alcatel-Lucent SA; Cisco Systems, Inc.; Huawei Technologies Co., Ltd.; Indra Philippines; Kapsch AG; LG CNS; Schneider Electric SA; Siemens AG; Xerox Corporation

SEGMENTS

» Technology (Intelligent Transportation Management, Intelligent Traffic Management, Communication, Monitoring)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Rise in Smart City Initiatives, the Cornerstone for the Growth of Smart Transportation
Table: 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
Table: 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)
Table: 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
Table: 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
Table: 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
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
Table: In a World Where Time is Money, the Rising Economic Cost of Excess Travel/Transit Delays Strengthens the Business Case for Electronic Tolling to Manage Vehicular Congestion: Breakdown of Annual Hours of Delay Due to Traffic Congestions in Select Countries & Cities Worldwide
IoT & Cloud Computing Emerge as Linchpin Holding the Smart Highway Concept Together
Cloud Computing, the Workhorse of Data Analysis for Smart Highway Services
Smart Roads Embedded with Sensors Make Road Infrastructure Monitoring Easy & Cost Effective
Smart Parking Emerges as a Solution to Traffic Woes
Developments in Advanced Intelligent Video Surveillance System (AIVSS) to Benefit Intelligent Traffic Surveillance
GIS and GPS/GNSS Technology, Vital for Successful Smart Highway Deployment
Special Focus on Multi-Constellation GNSS
Wireless Communication Technologies Crucial to Market Growth
DSRC (Dedicated Short Range Communications), as a Superior Technology to RFID Gains in Prominence
Automatic Traffic Control & Congestion Monitoring Systems Grow for Emissions Reduction
China Emerges over the Horizon, With the World’s Most Ambitious Smart Highway Plans
China Mobile to Become a Pioneer in Setting up the World’s First 5G Smart Highway in Wuhan
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Smart Highway by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Smart Highway by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
World Current & Future Analysis for Intelligent Transportation Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Intelligent Transportation Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Intelligent Traffic Management by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Intelligent Traffic Management by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Communication by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Communication by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Monitoring by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Monitoring by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
UNITED STATES
USA Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
CANADA
Canada Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
JAPAN
Japan Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
CHINA
China Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
EUROPE
Europe Current & Future Analysis for Smart Highway by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Smart Highway by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
Europe Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
FRANCE
France Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
GERMANY
Germany Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
ITALY
Italy Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
UNITED KINGDOM
UK Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
REST OF EUROPE
Rest of Europe Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
ASIA-PACIFIC
Asia-Pacific Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
REST OF WORLD
Rest of World Current & Future Analysis for Smart Highway by Technology - Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Smart Highway by Technology - Percentage Breakdown of Value Sales for Intelligent Transportation Management, Intelligent Traffic Management, Communication and Monitoring for the Years 2020 & 2027
Total Companies Profiled: 53

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