Global Smart Highway Construction Market Growth (Status and Outlook) 2024-2030

Global Smart Highway Construction Market Growth (Status and Outlook) 2024-2030

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.

The global Smart Highway Construction market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LPI (LP Information)' newest research report, the “Smart Highway Construction Industry Forecast” looks at past sales and reviews total world Smart Highway Construction sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Highway Construction sales for 2024 through 2030. With Smart Highway Construction sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Highway Construction industry.

This Insight Report provides a comprehensive analysis of the global Smart Highway Construction landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Highway Construction portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Highway Construction market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Highway Construction and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Highway Construction.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Highway Construction market by product type, application, key players and key regions and countries.

Segmentation by type
Photovoltaic Pavement
Wireless Vehicle Charging
Frost Protection and Melting Snow, Ice
Road Markings
Others

Segmentation by application
Government Funding
Others Funding

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Continental Engineering
Heijmans
IBM
Cisco
Nippon Koei
Transstroy
VINCI Construction
ABB
Alcatel-Lucent
Colas
Huawei Technologies
Indra

Please note: The report will take approximately 2 business days to prepare and deliver.