|Report ID : RC-1520||Category : Manufacturing And Construction|
|Published Date : Oct-18||Pages : 70||Format : PDF|
Global Smart Highway Construction Market 2018-2023 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 2018-2023. Covered in this report The report covers the present scenario and the growth prospects of the global smart highway construction market for 2018-2023. 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 2018-2023, 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 2023 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 2018-2023 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.
PART 01: Executive summary PART 02: Scope of the report PART 03: Research Methodology PART 04: Introduction Market outline PART 05: Market landscape Market overview Market size and forecast Five forces analysis PART 06: Market segmentation by source of funding Global smart highway construction by source of funding Global smart highway construction market by government funding Global smart highways construction market by other funding PART 07: Geographical segmentation Global smart highway construction market by geography Smart highway construction market in APAC Smart highway construction market in EMEA Smart highway construction market in Americas PART 08: Decision framework PART 09: Drivers and challenges Market drivers Market challenges PART 10: Market trends Smart concepts for smart highways Solar roads in smart highways Intelligent transportation system Smart geo in smart highways PART 11: Vendor landscape Competitive landscape Other prominent vendors PART 12: Key vendor analysis Continental Engineering Heijmans Nippon Koei Transstroy VINCI Construction PART 13: Appendix
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