Smart Highway Construction Market, Global Outlook and Forecast 2023-2030
The global Smart Highway Construction market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Smart Highway Construction, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Highway Construction. This report contains market size and forecasts of Smart Highway Construction in global, including the following market information:
- Global Smart Highway Construction Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
The government funding segment accounted for the major shares and dominated the global smart highway construction market during 2017. 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.
We surveyed the Smart Highway Construction companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Highway Construction Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Smart Highway Construction Market Segment Percentages, by Type, 2022 (%)
- Photovoltaic Pavement
- Wireless Vehicle Charging
- Frost Protection and Melting Snow, Ice
- Road Markings
- Others
Global Smart Highway Construction Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Smart Highway Construction Market Segment Percentages, by Application, 2022 (%)
- Government Funding
- Others Funding
Global Smart Highway Construction Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Smart Highway Construction Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Smart Highway Construction revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Smart Highway Construction revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Continental Engineering
- Heijmans
- IBM
- Cisco
- Nippon Koei
- Transstroy
- VINCI Construction
- ABB
- Alcatel-Lucent
- Colas
- Huawei Technologies
- Indra
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Highway Construction, market overview.
Chapter 2: Global Smart Highway Construction market size in revenue.
Chapter 3: Detailed analysis of Smart Highway Construction company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Highway Construction in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
