“ According to the report, the global intelligent highway system market was valued at approximately USD 16,949.09 million in 2016 and is expected to reach approximately USD 43,700.63 million by 2022, growing at a CAGR of around 17.1% between 2016 and 2022.”
This report focuses on the global Intelligent Highway Technologies status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Intelligent Highway Technologies development in United States, Europe and China.
Intelligent Highway Technologies Market report contains a forecast of the next 5 years, starting 2019 and ending 2025 with a host of metrics like supply-demand ratio, Intelligent Highway Technologies market frequency, dominant players of Intelligent Highway Technologies market, driving factors, restraints, and challenges. The report also contains market revenue, sales, Intelligent Highway Technologies production and manufacturing cost that could help you get a better view on the market. The Report Focuses on the key Global Intelligent Highway Technologies manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
Top Companies in the Global Intelligent Highway Technologies Market: Alcatel-Lucent, Indra, Siemens, Kapsch, LG, CISCO, Schneider Electric, International Business Machine (IBM), Xerox Corporation, Huawei Technologies And others.
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An intelligent transportation technology is an advanced application which, without embodying intelligence as such, aims to provide innovative services relating to different modes of transport and traffic management and enable users to be better informed and make safer, more coordinated, and ‘smarter’ use of transport networks.
An intelligent highway finds its application in different sectors such as government intervention and highway systems, among others. It will help in traffic management and congestion control. It will also help to avoid the controversies related to tolling of highways and roads and will be easy to keep track of the payment made on the road.
The modern approach to highway travel has been driving the market of the intelligent highway. Goods are transported, workers commute, and there are a plethora of other factors responsible for creating the need for an intelligent highway. Apart from these factors, safety of individuals and vehicles are some other important concerns fuelling the growth of the intelligent highway market.
Global Intelligent Highway Technologies Market Split by Product Type and Applications:
This report segments the Global Intelligent Highway Technologies market on the basis of Types are:
- Smart transport management system
- Smart traffic management system
- Smart communication system
On the basis of Application, the Global Intelligent Highway Technologies market is segmented into:
Regional Analysis For Intelligent Highway Technologies Market:
–North America (United States, Canada and Mexico)
-Asia-Pacific (China-Europe, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
-Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
-Central & South America (Brazil, Rest of South America)
–Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Other)
The report has 150 tables and figures browse the report description and TOC:
Some major points from Table of Content:
- Intelligent Highway Technologies market Overview
- Intelligent Highway Technologies market Economic Impact
- Competition by Manufacturer
- Production, Revenue (Value) by Region (2019-2025)
- Supply (Production), Consumption, Export, Import by Regions (2019-2025)
- Production, Revenue (Value), Price Trend by Type
- Intelligent Highway Technologies market Analysis by Application
- Market by Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders.
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